This tiny Isle of Spice as Grenada’s known, just 18 miles by 24, lies on the most southerly tip of the Windward Islands. A heady cocktail of banana trees, tropical flowers, pungent spice plantations, lofty mountains and 80 miles of creamy white beaches set against azure waters.

Small but perfectly formed there is plenty to see and do. Enjoy a wander round the colourful street markets, a hike along a nature trail or a boat trip to discover one of Grenada’s 65 secluded bays. Take a day tour around a spice factory, play a morning round of golf or simply sup a tall rum punch under a shady palm.

Grenada property prices are a fraction of established neighbours St Vincent, Barbados and St Lucia partly due to the simple shortage of desirable holiday property available for investment, something the development of Bacolet Bay aims to offer.

The tourism market in Grenada remains in its infancy but change is imminent as the Grenadian government commences an investment campaign to promote the island’s attractions and encourage visitors to experience a slice of Grenadian paradise. Travel to the Caribbean region is currently thriving with a predicted tourism growth of 5.5% per year between 2006 and 2015 by the World Travel and Tourism Council in line with the forthcoming ICC Cricket World Cup in 2007. As a host island, Grenada is set to benefit from substantial infrastructure improvements and is implementing tax exemptions and concessions for investors in tourism opportunities. Conservative future occupancy rates for the coming year stand at 65% whilst currently the handful of luxury resorts maintain 89% occupancy rates in peak season meaning there is great potential for Bacolet Bay.

Grenada’s two docks welcomed over 245 cruise ships from October 2005 – April 2006 and direct flight routes from the USA, UK and Europe are on the increase. From December 2006 UK based Excel Airways will fly non stop from the UK to Grenada while Germany’s Condor Airlines starts its year round service next month.

The added attraction of a new marina, a duty-free shopping mall and a planned golf resort will allow the Bacolet Bay Resort to present itself as a sought-after location in Grenada.

Combing the local talents of the Grenada’s leading architects, some of the islands best craftsman together with the build expertise of Bovis Lend Lease the vision is to develop premier residential villas and apartments finished to a 5 start standard set within a 41 acres estate secluded by tropical forests yet a stroll from a deserted white sandy bay.

Truly a five star luxury development, Bacolet Bay Resort and Spa will offer investors an intimate haven for recreation and relaxation. Contemporary hotel facilities offer a top notch lifestyle experience where you can unwind at the spa, sample the best local cuisine and be entertained at the bar. Owners enjoy access to fitness, sports and leisure activities in addition to:
• A private jetty
• A La Carte and beachfront restaurants & bars
• Communal infinity edge pools
• Limited vehicle access with scenic hiking & biking trails
• Swimming, snorkelling & watersports
• 24-hour security

New build individual cabana style villas feature private Jacuzzis or plunge pools whilst the chic garden apartments are tiered into the hillside. Each of Bacolet Bay’s properties are finished to an impeccable standard. The Bacolet Bay Resort offers you an opportunity to live the lifestyle of your dreams whilst presenting one of the Caribbean’s best investment options. Ownership at Bacolet Bay is a chance to own an unspoilt piece of Grenada and enjoy the real soul of the island.

A short 20 minute drive from Port Salines International Airport and the colourful capital of St.George’s, proximity to picturesque St David’s Harbour and the north island wonders of Condor Falls and the Grand Etang National Park, Bacolent Bay is an opportunity  not to be missed.

Hotel Cottages from $550,000
2 bed Apartments from $660,000
1 Bed Villas from $725,000
2 Bed Villas from $1,065,000

2 Bedroom Apartments

1 Bedroom Villa

2 Bedroom Villas

If you are interested in a Bacolet Bay investment and would like full brochure details click here to send an email to register your interest. Please remember to include your full contact details and the reference Bacolet Bay.

Also for more information on the Island please click here

Grenada has recently stepped the islands marketing campaign up a gear, confident in attracting increased tourism to its shores. The Spice Island is warming up for a busy 2006 cruise ship season in which it expects over 250,000 visitors and in April 2007 it will be one of 9 islands hosting the ICC Cricket World Cup. Untouched by the recent Caribbean real estate boom, Grenada is poised to attract perennial travellers by developing a number of vacation resorts designed for long-term visitors drawn by more affordable property prices.

This latest opportunity should appeal to investors looking to invest at the grassroots level of a project. The developer having completed several successful projects in Europe is looking to take advantage of the prospective nature of Grenada and develop a two year high quality residential/vacation project. Under this initial part of the scheme, the developer is looking to secure investment of between ₤50,000 – ₤75,000 from a limited number of individuals who in return will benefit from buying at exceptionally discounted property prices enabling maximum potential for future capital gain. This is further endorsed by Four Seasons decision to develop a hotel project and confirmation of a new marina with commercial centre.

The project is being marketed by Access Investment Property for more information and to register your interest click here.