Grenada is one of the least developed islands in the Caribbean and offers property investors a chance to get some of the nicest tropical residences available for what are unbelievably reasonable prices. The island is quickly becoming a target of international investors, so the low prices won’t last for long. While they do, though, residents and holiday travelers can enjoy the colorful islanders, Creole culture, breathtaking scenery and tranquil beaches.
Only 20 minutes from the capital of St. Georges and the international airport is Bacelot Bay, a new property development that is under way. Located on the southeast side of the island in a sheltered bay, this 41 acre project with 200 meters of white sandy beach is designed to optimize residents’ experiences and offer a quiet retreat with all the amenities of a luxury resort. The resort is low density with a maximum of 4 properties per acre, and will include state of the art recreation and spa facilities plus high quality restaurants and bars.
The properties available at Bacelot Bay are a mix of two bedroom apartments, one – three bedroom villas and individual cottages with amazing views of the tropical forests and Caribbean. In addition, there will be a five star hotel on the property and management by a well-known luxury resort operator. Prices range, but studio cottages begin at £238,500 and two bedroom apartments start at £291,500. This is a great opportunity to get into a beautiful and luxurious Caribbean home.
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