Bacolet Bay Resort & Spa is set in a private position with sea and mountain views and close to the capital, St Georges. The resort comprises stylish, fully-furnished apartments and luxury villas on the hillside ensuring fantastic sea and mountain views. All investors will have access to all facilities including a Spa and fitness centre, tennis courts, bars and restaurants. The finance package for Bacolet is very attractive with a leaseback programme covering your mortgage costs while still giving you a month free usage. An investment in Bacolet Bay can be fully leveraged and not only remain cash flow positive, but do so at a substantial level. Bacolet Bay Resort and Spa offers an outstanding opportunity for both a financial and lifestyle investment. The Residences All properties come fully furnished and most residences will have sea views. Amenities The resort will offer superb facilities such as- Spa, created by the renowned designers of the Armani spa in Tokyo, Dubai and Milan- Water sports centre- Private mooring jetties- Fitness centre- Swimming pools- Restaurants including an exclusive over the water dining area- Bars- Kids Club and crche- Tennis courts- Traditional Grenadian Wedding chapel- Room service- House keeping- Concierge services Rental Programme & Purchase DetailsThe finance package for Bacolet is very attractive with a leaseback programme covering your mortgage costs while still giving you a month free usage. One of the easiest methods of finance is to reserve your property today with just US$5,000 and pay nothing more until 2010. Upon signing of your contract 30% of the purchase price is due. Should you require finance for the initial 30%, the finance package allows you to utilise personal loans or the release of equity, and the developer will give you cashback to cover your interest payments until completion. The remaining 70% is due upon completion and there are two options to choose from: Option 1: A 2 year rental guarantee of 8% followed by a 50/50 room rate split with the hotel Option 2: The developer will guarantee to cover your mortgage payments on a full repayment basis This means that is you take this option after 20 years you will have a property 70% paid for you, it will have only cost you 30% of the purchase price. Construction has started and a few homes have already been completed.

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