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Well-Established Private Island Resort for Sale in the Grenadines

Other, St Vincent & the Grenadines

Property ID: 881

Well-established luxury private island resort for sale in the Grenadines just 200 yards off the southern coast of St Vincent.

Located on the northernmost island in the Grenadines, this island encompasses 12.6 acres of lush, tropical hills, fringed by a white sandy beach and the turquoise Caribbean Sea.

Grenadines Private Island Resort for Sale with Track Record

With a 48 year track record, this hotel is one of the most well established private island resorts in the Caribbean. It is a popular destination for weddings, honeymoons and family holidays and has developed an excellent reputation and high repeat guest rate.

As the gateway to the Grenadines, the island is also a world class yachting and sailing destination with yacht anchorage in calm waters.

Amenities of this Resort for Sale

The hotel includes a spa, tennis court, bar, 2 dining areas and 29 private guest cottages perched on the gently sloping hillsides to provide views of the sea. The cottages include open-air garden showers, sun decks and private plunge pools. With existing structures covering just 2.5 acres of the island, there is significant land available for expansion.

The resort is renowned for offering privacy and seclusion, as well as convenience: it is located just 3-4 minutes by boat from St Vincent, close to E.T. Joshua Airport and within easy reach of Bequia and Mustique.

Infrastructure in Place

With water and power supply and a loyal, expert staff of 65 in place, the hotel is fully operational. The resort also includes a large waterfront area on St Vincent with private dockage, parking for 25 vehicles, storage area, staff quarters and water sports base.

Owned by the Government of St Vincent and the Grenadines, the property is offered on a leasehold basis with 51 years remaining on the original lease and an option to renew for an additional 40 years. There is a modest annual lease payment.

A guide to St Vincent & the Grenadines

  • Average asking price $1,930,222
  • % + or - average property price -19%
  • Property price range $300,000 - $8,500,000

Reasons to invest in St Vincent & the Grenadines

  • An established track record as a barefoot chic destination, with a small, exclusive luxury real estate market.
  • The ideal place to get away from it all, offering a quiet, peaceful and relaxed lifestyle.
  • Tax advantages - no inheritance tax, no capital gains tax and low property tax.