Excellent Returns on Investments in this Grenada Luxury Resort

Bacolet Bay provides one of the best investment opportunities in one of the newest property markets in the Caribbean. The resort will be of the highest quality and will therefore benefit from extremely high demand. Investors stand to gain from both capital growth and rental yields.

The growth in tourism, combined with the shortage of resorts of the calibre and design of Bacolet Bay, has drawn the full support of the Grenadian government, which elected to represent the development at the World Travel Market in London.

Bacolet Bay Resort and Spa offers an outstanding investment opportunity for both a financial and lifestyle investment. Owners buy-to-let 5 Star villas, apartments or cottages which form part of a luxury resort and enjoy four weeks personal use a year. For the remainder of the year the accommodation will be let and managed by the 5 star resort operator whilst the owners benefit from a share of the rental income.

Historically Grenada has attracted mostly European tourists, however now the U.S market for Grenada is increasing rapidly. With extra flights from BA & Virgin scheduled for on and off-season, American Airlines is now also scheduled to bring more tourism to the island.

Demand for high quality accommodation in Grenada is therefore extremely high - despite government targets of 2700 hotel rooms on the island, there are currently only 1700, and less than half of these are of a 3-star standard or higher making an investment an exceptionally good option.