The location of this development land is at Saint Hilaire Point, forming the North East rim of Friendship Bay, on the South coast of Bequia.
The St Hilaire headland and Point overlooks the whole of Friendship Bay to the West, the islands of Petit Nevis and Isle a Quatre, the Southern Grenadines and Mustique to the South and South East and the islands of Battowia and Balliceau windward. The bays and beaches of Friendship and Ravine are visible from each side of the headland.
The area available is 55 acres and includes a rugged windward coast, protecting Friendship Bay and a calm shore in the bay.
The low hills rise quite steeply from the shoreline. Vegetation varies from grassland to low scrub, with some mature trees on the bay side.
The development opportunity might include Marina (with breakwater), boutique hotel, villas, retail, restaurant and marine
services, nature reserve and infrastructural
elements, water management and power generation systems.
The natural bay environment means access by boat is a fun and convenient link. Mustique is a short sail away and Friendship is a large sheltered bay ideal for water sports. The Grenadines also offers some of the best scuba diving in the world.
Bequia Airport is a twenty minute drive, and 50 minutes from Barbados International hub airport.
A short drive to the airstrip for
your private plane, charter or scheduled flight. Island hop from Bequia to explore the other idyllic Grenadine Islands of Mustique, Canouan, Mayreau, The Tobago Cays, and Palm Island.
Due to the remote position of the islands and their dependence upon inter-island trade; the locals, who are proud of their boat building and fishing traditions, are eager to share their knowledge and welcome visitors to the island.
Jimmy Buffet lists Bequia as one of his top 5 least spoilt of the Caribbean Islands. This lush green island characterized by tropical rainforest is surrounded by miles of stunning white sandy beaches. The indigenous woodland offers a variety of flora and fauna including wild orchids, tropical fruit and nuts, Hummingbirds and Yellowbirds making this environment free from commercial noise and alive with natural sounds of the sea, the warming trade winds and local wildlife.
Sailing, scuba diving, windsurfing, kayaking, hiking, diving, cruising to the Tobago Cays and the other beautiful islands are just a few of the activities this location has to offer all of which The Grenadines Team would be happy to arrange.
Bequia has no high rise hotels, all the bars, restaurants and businesses are small, local and welcoming to the visitors, most of whom arrive and leave by the sea.
The Grenadines offer world class diving and sailing and new facilities in the local islands have had huge investment increasing the value of this land.
INTERNATIONAL AIRPORT: Saint Vincent - the mainland capital island is just about to open an international Airport.
JET CAPABLE LANDING STRIPS: Canouan nearby has had a recent total refurbishment by the operators of Sandy Lane Barbados into the Pink Sands Resort. Canouan Airport can accommodate Jets and has upgraded Equipment and Emergency response services.
SUPERYACHT MARINAS: A superyacht Marina has just been completed in Grenada by Camper and Nicholson. This is a luxury marina with 350 slips catering to superyachts up to 100 metres and a 120 room 5star luxury hotel and a Wellness center.
DIRECT FLIGHTS TO BARBADOS & SAINT LUCIA: with easy Transfers to Grenada via Barbados or Carriacou.
Grenadines land is undeniably desirable. Let us show you these beautiful Islands - with Palm Island being one of the most pristine and peacefull.
The entire process can be handled remotely - ie while you are in the UK.
1. Make your offer for your chosen property through us. We present your offer, and work to bring the sale to an agreement with the owner.
2. Appoint a local Lawyer to handle your purchase (list of recommended lawyers can be provided upon request) exchange contact details and discuss the purchase arrangements, as you wish.
3. Sign Agreement of Sale & deposit 10% of purchase price in ESCROW account with the lawyer.
The Agreement of Sale Contract is prepared by the lawyer for approval by both parties, before being finalised and signed by both parties. This is a binding agreement, the only circumstances where you would retrieve the deposit would be if:
- the seller fails to perform (for example if there was not clear title)
- or if your ALHL is not issued (this is extremely rare).
4. Alien Land Holders Licence (ALHL) Application (specific to the property
& applied for at the time of agreement of purchase ).
Provide the following details to your local lawyer :
- Date and place of birth
- Copy of passport
- Bank reference (not finances just a letter of reliability)
- Police certificate of clear record (applied for from your local police station or online, in your home country
The police certificate is usually fairly swift and at least straightforward
The lawyer makes the ALHL application and searches to check clear title on the property
5. ALHL is issued (this usually takes 2 to 3 months).
6. Complete the purchase (you deposit the balance of purchase price and the signed deeds of conveyance are released). At this point the property is yours.
Purchase costs are straightforward;
- 5% Stamp Duty
- approximately 6% ALHL
- legal fees
Legal fees are standard and the lawyer you instruct can provide a detailed breakdown of the costs.
We advise allowing 13% to cover the costs.
The lawyer can advise on personal or company ownership;
Company ownership provides automatic exemption from work permit. Residency is a simple formality with property ownership.
Many buyers choose to own their property through a company which can be set up easily, the lawyer can advise on the costs and fees for this.
There is no capital gains tax, no inheritance tax and annual property taxes are negligible. Funds can be repatriated freely.