Press Release Summary = Principal International, one of the UK's leading overseas property investment companies have just announced that the luxury Caribbean resort of Buccament Bay in St Vincent will be launching additional hotel room suites for sale to the market
Press Release Body = Principal International, one of the UK's leading overseas property investment companies have just announced that the luxury Caribbean resort of Buccament Bay in St Vincent will be launching additional hotel room suites for sale to the market, and the cosmopolitan resort when completed will now include full international conference facilities.
With prices starting from as little as £100,000 for a fully managed investment package and a full 5 star furniture pack included, Simon Ryeland, Director of Principal International says that the units are selling out fast. With the anticipated price rises expected at the end of March, and a possible further increase in the summer when the hotel management company will be announced, investors are urged to apply now to guarantee instant growth on their capital.
The packages offered includes a 2 year 10% rent guarantee from completion followed by a 50/50room rate share, in addition the units can be released for 30 days per year for personal use, and for only £1000 reservation fee.
Plans have also been approved for the commissioning of a "Pirates of the Caribbean" Black Pearl galleon ship, this major tourist attraction is expected to arrive on the resorts shores to coincide with its grand opening in 2008.
With over 350 locals working on building the development and with numbers expected to rise to nearer 500 this year, this has become a major investment reward for the Islands government and a positive contributor to the islands infrastructure and economy.
Principal International have a number of these apartments and villa style cabanas left for sale, see their website for details; http://www.principalinternational.co.uk/. With the strength of the pound against the dollar many buyers are looking across the Atlantic particularly the Caribbean to secure their investment. If you can buy dollar properties with sterling then there's even more money made to be made when the dollar comes back to strength. Principal International have a wealth of experience in dealing with your overseas purchase, and as there's no better time to buy property overseas, St Vincent is a market worth investing in.
Web Site = http://www.principalinternational.co.uk