Description:

This serene, sublime and utterly beautiful exclusive Resort and Spa occupies a prime location on one of the most coveted islands in the West Indies.

Spread over 41 acres of tropical gardens, a mixture of luxury apartments, villas and cottages nestle amongst the tropical flora with breathtaking views across the Caribbean Sea and rain forest covered mountains.

This world class, premium resort will have facilities which are second to none. From 24 hour room and concierge services to the finest of dining experiences and exquisite spa amenities, it will meet all the requirements of the most discerning owner and visitor, making it a truly 5 star retreat.

Each residence will be fully managed and maintained by the appointed internationally renowned resort management company, leaving you free to enjoy your rental income. Added to the most luxurious of facilities will be a caring and sophisticated service and this will ensure that your property earns at its maximum potential whilst you are not in residence; when you are, you have the opportunity to indulge in the opulence and natural beauty of the resort.

THE SPA

The Spa has been created by distinguished designers of spas for renowned hotel operators and lifestyle brands throughout the world. It is set within two acres of tropical forest and provides a haven to escape the heat of the day or enjoy the coolness and tranquility of dusk settling over the distant mountains.

The central spa reception, which includes superbly appointed changing facilities and a gymnasium, offers a range of thermal and hydro experiences. Outside, the natural lagoon pool is a calm oasis, shaded by jungle vegetation. Wooden walkways leading into the forest take you to individual treatment suites made from local woods and offering absolute privacy. Located at key vantage points, each suite enjoys unique ocean, mountain or forest views.

The Resort has been designed to ensure that its spectacular location can be enjoyed by everyone from honeymooners to families! The idyllic wedding chapel is the perfect spot for an unforgettable day whilst the Kids’ Club offers indoor and outdoor play areas as well as crèche and babysitting facilities.

The operator running the Resort has an unrivalled heritage and is renowned for the service standards it provides. Under its careful management, guests and residents can be sure that they will have everything they need and desire. Nothing will be too much trouble, with every day services being delivered faultlessly and bespoke services such as destination dining, a personal butler and private in-villa chef or spa treatments are offered to make your time here unforgettable.

THE INVESTMENT CASE

• An undiscovered and unspoiled Island
• Tourist demand set to grow 3.4% annually for next 10 years
• Lack of high-quality accommodation
• Carefully planned and government backed development strategy
• 70% LTV mortgages are typically available enabling investments from £92,000 plus legal costs
• High net yields after management costs plus owners will receive 4 weeks personal use a year
• Annualised return on investment is forecast to be 65%

Please contact Investabroad Properties for a copy of the detailed Investment Prospectus

ADDED CONFIDENCE FOR YOU, THE BUYER

Legal System – Grenada’s judicial system is modelled on British practice and procedure and its jurisprudence on English common law. The Supreme Court for Grenada is the Supreme Court in London.
Developer – the Development Company is a special purpose vehicle established by experienced developers, specifically for the development of this resort. The development company is backed by a major London based investment firm.
Local Support – The Prime Minster, Minister of Tourism, along with other senior government figures, actively support the development. The developers have involved both the governing party and the main opposition party throughout the process.
Construction – construction has already started and is on schedule. It is being managed by one of the World’s leading project management companies.

THE TIME-LIMITED OFFER

• Developer lends Client half the required deposit, i.e. 15%
• The balance of 70% is paid on completion
• This can be a 70% mortgage, subject to status
• The developer guarantees a 10% p.a. rental income for 3 years BUT –
• The developer will pay the entire 30% in advance on completion
• So the 15% deposit loan is paid off and the Client retains the other 15%
• Legal costs paid by developer if deposit paid within 21 days of reservation
• Mortgage and management charge paid by developer for first 3 years
• Price reductions of US$90,000 or US$95,000 depending on plot

Terms and Conditions

1. This offer will end on 30th April 2010 or when the 7 cottages are sold, whichever is earlier.
2. Completion legal fees of approximately $4,300 plus mortgage set up fees are payable by client
3. Developer may limit number of properties sold under this promotion.
4. The $5,000 reservation payment is deducted from first 15% deposit payment.
5. The Client must pay the 15% deposit within 30 days of the reservation or the developer reserves the right to withdraw the offer.
6. If the Client pays the 15% deposit within 21 days of the reservation, a maximum of $4,300 legal fees will be paid by the developer as “cash back” to the Client on completion.
7. The Client should be aware that all finance is subject to status.
8. The mortgage paid for the first three years will be to a maximum of 70% of the contract value. This will be a repayment mortgage at a maximum of 8.5% (Grenada prime – less 0.5%) over a minimum of 20 years.
9. If a mortgage is obtained at an interest rate in excess of 8.5% and/or the duration of the mortgage is less than 20 years and/or the LTV is higher than 70%, the increase in the monthly payments above those expected by the conditions set out in point 8 will be met by the Client.
10. The Client will not be remunerated in any way by any lowering of the interest rate, extending the repayment period or reduction of the amount borrowed.
11. The Client will make each monthly mortgage payment, but the developer will have paid the relevant amount to the Client prior to the payment date.
12. The management charge will be paid by the developer for the first three years.
13. The developer reserves the right to suspend or cancel the promotion at any time.
14. Contractual completion dates for all these cottages are now all set for June 2011, but may be earlier.

TIME REALLY IS LIMITED!
So contact Investabroad Properties now to reserve your Cottage!

Important Notices

No description or information given, whether on this website, written or verbal, about the development or its facilities, the properties or their plans, specifications or values, may be relied upon as a statement or representation of fact. The developer reserves the right to amend the plans and specifications as necessary and without notice. Nothing on this website, nor anything within any printed material provided, constitutes or forms part of any contract. Purchase prices may be subject to variation due to fluctuating exchange rates and are subject to alteration without notice.

The computer generated images which, together with photographs, illustrate this feature are intended to provide an impression of the development and its properties and may not be a true representation of the finished project, its facilities or the designs of the properties. Their accuracy is not guaranteed and they have no contractual value. Some images may be of different property types on this development

Ref: 36696-BBRDC-1BC