| Sell Price: |
|
215000 |
| Location: |
|
Paradise Bay
La Tante
St David
Grenada |
| Property Type: |
|
Villa |
| Property Details: |
|
Caribbean Beachfront Villas for sale in Villa Beach Resort and Spa. Gorgeous ocean and beach views. Imagine your own resort villa... Relax in the Jacuzzi, enjoy nice ocean and beach views from your own property in Grenada, Reside in this great affordable resort community or enjoy the highest return on investment. Or both! Very low property tax. Grenada is a tax haven; has no income taxes for the property income. One of the best retirement investment plans on one of the most beautiful unspoiled paradises with low crime and friendly folks. And… almost no mosquitoes! Beautiful appointed villas The beachfront suites feature a large bedroom, small living with sofa (bed), small, complete kitchen, make-up table, a large double access bathroom and large verandah with gorgeous ocean and beach views. Adjacent is a large bedroom + bathroom, separated by a door on the oversized verandah for optimal privacy. The villas are therefore Ideal for both families and couples, sharing a villa, but with ample privacy. Use your villa for your family, friends or let us do the rentals.The villas range from US$ 215,000 without A/C and Jacuzzi to US$ 225,000 – 245,000 including A/C and Jacuzzi, where the price difference is for location (view) only. The resort has ample parking spaces, very close (but not at) the villas. This video show you the views from each villa’s, first looking to the left, then forward and then right from the veranda: http://www.youtube.com/watch?v=sqdjYqdaD-k On request, a third bedroom and bathroom can be added in the basement for an estimated cost of US$ 35,000. However, we do not wish to do construction when there are many guests in the resort. As September and October are the traditional "dead" months for tourists, this would be the right time to do the alterations. Low maintenance cost, security and utility cost, no management or overhead fees The maintenance cost is contractually fixed at US$ 1,950 per year until 2016. Often, owners of a second home are concerned about maintenance costs, which often run out of hand. Not at Paradise Bay! The total cost of shared 24 hour security, electricity (based on air conditioners switched off during the day), water, sewage and waste disposal as well as insurance of the building is currently US$ 630 per month and will only be increased when actual cost goes up. Our wind energy at US$ 0.27 per kWh is currently 15% cheaper than electricity from the mains. With rising oil prices the savings will increase substantially over time. When no air conditioning is used the total cost is reduced to 395 US$ per month. For stays longer than 30 days, the electricity can be metered and the base cost will then be reduced to 345 US$ per month plus US$ 0.27 per kWh. The resort does not charge a management fee; overhead costs are included in maintenance cost. Renting out during absence We offer the option to rent out the villas during your absence. The net yield is 6% per year, but as you do not have to pay the security and utility costs while rented out, the actual gross yield is much higher. For owner stays between 16 December and 15 April the net yield is reduced with 0.32% per week, in the other months this is 0.16%. With this unique approach, you only need to pay security and utility costs when you use them. A great investment and cheap holidays! If you chose to live here most of the year, individual arrangements will be made, should you wish to rent out during your absence. The resort has ample storage space at no charge, should the storage space in the villa be insufficient. Gorgeous Nature Nature is gorgeous and varied, right at your doorstep amidst a thousands acres nature park. Forest trail hikes or easy walks along beach and ocean, you can walk for hours and just meet fishermen. Feel one with nature and enjoy majestic views. Swim in the many island waterfalls, visit fruit, nutmeg and cocoa plantations and enjoy contact with the friendly locals. Our tropical island paradise offers rain forests, crater lakes, mangroves and idyllic Robinson Crusoe beaches.Hike Mt Carmel: http://www.youtube.com/watch?v=fSaFVUcK4JAWalk Marlmount: http://www.youtube.com/watch?v=PkpmsibCyPM Infrastructure With a large US owned university, a growing ex-pat population and being a major cruise destination, Grenada is a prime choice, confirmed by major projects recently started. The roads are comparatively good and availability of Western food and drinks is excellent and there are tax free shops. In addition to the recently completely renovated hospital there is a private high standard hospital. While laid back as the Caribbean is, this paradise is very OK to live a comfortable life. Resort facilities Villa owners can make free use of the pool and Jacuzzi as well as the soon to be opened pool (snooker) room. High speed internet is available for just $ 29 per month which also opens the door to free or very low cost VOIP phone calls all over the world. A major advantage to have a villa in our resort community is that you can choose which facilities and how often you wish to use -and- at a great special price for owners. So if you want a 60 minute Swedish body massage for $18 or a nice 7 course gourmet lunch including drinks- for $27 or a beach lunch including drinks for $ 15, It's your choice. You get great discounts for the resort's gym, ocean kayaks and (outside the resort) 9 course golf, scuba diving, catamaran sailing and whale/dolphin watching. If you want you can use the maid, laundry or shopping services. But without any obligation whatsoever. Title and Appreciation When you decide to buy a villa, you will have full title on the villa and grounds around the villa, while you have the non-revocable contractual right to use the access road. You can sell the villa transferring these rights to the new owner. Grenada is a rising star for second homes in the Caribbean, especially in the luxury category. Prominent Investors like Peter de Savary are building high end resort communities. Our villas are priced to sell. It is the right moment to buy now! Evaluation visit The proof of the pudding is the eating… We only charge the Super-Inclusive option (US$ 780 per person per week including tax and service charge) and you don’t pay for the accommodation! Included: daily served breakfasts, 3 course lunch, 4 course gourmet dinners, unlimited drinks, an island tour including visit to cultural highlight Fish Friday, and your choice of activities: golf (green fee 9 hole), a Catamaran cruise, whale and dolphin watching tour, diving, hiking and massage as well as the use of the resort’s facilities General information To own a property in Grenada you need: · Alien Land Holding License - In order to own property or land in Grenada, 10% of the agreed purchase price must be paid to the Government of Grenada once the license is granted. It generally takes about three (3) months to obtain the License. The final transfer of the property takes place upon availability of the license. The license gives residency rights. · The attorney representing you will require the following documents in order to apply for the License on your behalf:- Police Certificate, Character Reference From A Friend, Bankers Reference. · Stamp Duty is generally 1% of the agreed purchase price. · Legal fees are generally 2% of the agreed purchase price. If you wish to sell the house in the future, you would need to pay 15% land transfer tax if alien, and 5% if Grenadian. If you live in Grenada for more than 7 years, you can apply for citizenship. When you become Grenadian, you do not need to give up your current nationality. Grenada is a independent state, but part of the British Commonwealth, which brings a legal system and supervision of a Governor General. More information on the Government of Grenada can be obtained at http://www.gov.gd/ Citizens from Canada, USA, Commonwealth and most Western countries are exempt from visa (http://www.grenadaconsulate.com/VISA_EXEMPT.htm) and can stay in Grenada for up to 3 months, after which 3 month extensions can be obtained at Immigration. Work permits are required for all non Grenadian citizens and can be obtained from the Ministry of Labour, (Ministerial Complex, Third Floor, Tel: (1-473) 440-2532; Fax: 440-4923) and are issued for a period of one year. Generally, work permits will be granted to investors and for those professions where Grenadians are not (sufficiently) available. Air Jamaica operates direct flights from New York. American Airlines flies daily via San Juan. Air Canada operates a seasonal flight from Toronto. British Airways, Virgin Atlantic and Air Excel fly direct from London Gatwick. Condor flies direct from Frankfurt. Many airlines additionally have indirect flights, mainly via Barbados with connections via local airline LIAT, who operates inter-island flights within the Eastern Caribbean. Finally, there are seasonal charter flights. Why Grenada: It’s one of the most beautiful, unspoiled islands in the Caribbean wth great beaches, rainforests, friendly people, stable political climate, very low crime and a comparatively well developed infrastructure. Great weather all year!. Why Paradise Bay We’re more affordable than other resort communities, have better –and more flexible- facilities and infrastructure, lower maintenance and operational costs. We’re better than zero carbon, nominated for the Blue Award for sustainable tourism. Those who love gorgeous nature and great views couldn’t find a better place. And we offer options to rent during absence, have low maintenance and utility cost, shared security and no management & overhead fees. Call now 1-473-405-8888 or write to info@paradisebayresort.net and check out our website: www.paradisebayresort.net Paradise Bay is located on the South East (Atlantic) coast of the island. To Grenville (North) 15-20 minutes.To St George’s 30-35 minutes. To Point Salines 35-40 minutes. Affordable shuttles and buses are available.Local shopping is limited; more choice and markets are in Grenville. St George’s has a supermarket aimed at ex-pats. |
| Web Site: |
|
http://www.paradisebayresort.net/html/ownership.html |
| Date Published: |
|
16-Nov-2009 |
| Date Updated: |
|
16-Nov-2009 |
|

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