Buccament Bay St Vincent
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Buccament Bay St Vincent & the Grenadines
The Buccament Bay Resort development on the beautiful island of St Vincent and the Grenadines offers a unique opportunity for investors.
As well as benefiting from a variety of property styles the development will incorporate three swimming pools, casino, white sandy beach, spa, gym, tennis courts, squash courts, two restaurants, two bars, a beach bar and restaurant, beautiful water features throughout the resort and full conference facilities.
A 100% funding scheme is available for all Buccament Bay Resort properties together with a guaranteed rental return of 10% per annum for the first 2 years from completion, followed by a share of the room rate income with the resort and spa operator on a 50 / 50 basis thereafter.
Situated on the southwest coast of St Vincent, Buccament Bay Beach Resort is a 15 minute drive from both the existing and proposed airports. The wide bay enjoys the calm waters of the Caribbean Sea and is an ideal location for snorkeling and diving.
Built to the highest specification and offering state-of-the-art facilities it will be the first luxurious 5 Star family-oriented resort on St Vincent. The target audience is wealthy tourists who may currently stay at 4 & 5 Star hotels on other Caribbean islands.
Buccament Bay Beach Resort will be managed and maintained to the highest standard by world-class hotel company OASIS HOTELS & RESORTS. They are confident in providing the highest standards of quality, style and comfort for guests. The resort will also benefit from the efficiency of their global booking system and established online presence which will ensure maximum occupancy throughout the year.
Recognised around the world as the expert in water gardens, award-winning designer Peter May is designing, constructing and planting the ponds which are a key feature of the gardens at the Buccament Bay Beach Resort.
One of the world's leading architects and designers of hotels, Lorenzo Bellini from Rome, Italy, is blending Italian style with contemporary Caribbean influences to create a stunning 5 Star resort that is modern yet reflects the warmth and charm of this wonderful Caribbean island.
The building of the resort is well underway and the opening is scheduled for Summer 2010.
Why invest in Buccament Bay
Buccament bay is a development built in one of the amazingly spectacular coves on the Island of St Vincent. The developments lays right on the beach front with some of the villas and apartments benefiting from great panoramic views over the sea. Known as the jewel of the Caribbean and regarded as a sailors paradise, the islands is one of 32 regarded as some of the best cruising grounds in the world and home to a wonderful array of marine life, perfect for those into snorkeling and diving.
St Vincent itself is regarded as quite new to the tourism market and would be regarded as an emerging destination. Buccament bay will be the first 5* development on the island. The development itself is surrounded by high mountains covered in lush tropical forests with cascading waterfalls. It really is quite a breath taking plot of land which you would only dream of. Situated on the southwest coast, the Buccament Bay resort is only a 15 minute drive from the existing and new airport which is due for completion in 2011. The new airport will be its first international airport which will carry people from all over the world to this destination. A fantastic reason to invest as numbers traveling to the island will increase and as an effect have a great impact on the Buccament Bay resort increasing occupancy levels and room rates. Remember you will have a guaranteed rental up till 2012 anyway.
With Buccament Bay being an emerging market the prices of properties reflect this and are well below what you would be expected to pay in nearby islands. This makes it a great investment for those looking to purchase and make monies on capital growth as once it becomes a more established tourist destination the gap between the prices here and other islands will close and values are expected to soar, especially once the airport opens. Building has already started and if you decided to view the development you will notice that many of the cabanas/villas are already finished. The resort though will not be completed un till summer 2010.
Buccament Bay Image Gallery:
Apartment lounge
Beach Club
View of the resort
Resort at night
Beach Villas
Villa lounge
Villa rear facing
Progress as of 29th May 2009
Buccament Bay Investment Guide and Price List:
2 Year 10% Annual Rental Guarantee On Completion
On completion all properties within the Buccament Bay can enter into the rental scheme which guarantees a 10% rental return in the first two years of operation, whilst allowing the owner 30 days free usage.
The 2 year 10% rental guarantee will provide each investor with a positive cash flow from the moment the resort opens, irrespective of occupancy levels.
Investors in the Buccament Bay will enjoy a guaranteed 10% rental return for the first 2 years and then 50% of the net profit made from the room rental thereafter*. Please see rental profit forecast below:-
Investors in the Buccament Bay will enjoy a guaranteed 10% rental return for the first 2 years and then 50% of the net profit made from the room rental thereafter*. Please see rental profit forecast below:-
| Purchase Price | Room Rate | Occupancy | Nights | Gross Revenue | Services (10%) | Net Revenue | Owner % | Net Return | Yield |
| £165,000 | £200 | 85% | 310 | £62,050 | £6,205 | £55,845 | 50% | £27,923 | 17% |
| £165,000 | £200 | 75% | 274 | £54,750 | £5,475 | £48,545 | 50% | £24,273 | 15% |
| £165,000 | £200 | 65% | 237 | £47,450 | £4,745 | £41,245 | 50% | £20,623 | 12% |
| £165,000 | £200 | 55% | 201 | £40,150 | £4,015 | £33,945 | 50% | £16,973 | 10% |
| £165,000 | £200 | 45% | 164 | £32,850 | £3,285 | £26,645 | 50% | £13,323 | 8% |
With occupancy rates at a level of 85% there would be a net yield of 17% per annum to the owner (once all money has paid to the hotel). Room rates have been set at approximate level and represents realistic rates for this type of accommodation.
* Rental yields are provided for illustration only
Price List:
The current price for Buccament Bay apartments are:-
| Type | Size | Ground | First | Second | Third | Fourth |
| Studio | 458 - 525 | £165,000 | £170,000 | £180,000 | £185,000 | £190,000 |
| One Bed | 736 - 808 | £220,000 | £225,000 | £230,000 | £235,000 | £240,000 |
| Two Bed | 1011 - 1168 | £265,000 | £275,000 | £285,000 | £295,000 | £300,000 |
| Two Bed Wrap | 1011 - 1168 | £315,000 | £325,000 | £335,000 | £345,000 | £355,000 |
* sizes are exclusive of balcony
Please call for latest availability.
For further information including the latest availability and prices for this development please contact one of our sales team:
