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Spice up your Christmas with a Cinnamon Suite in the Caribbean
November 19, 2012Article by Ray Withers
Tourism has long been the breadwinner for the Caribbean. Given tropical temperatures, sugar-like sandy beaches and a relaxed pace of life, it’s no wonder the Caribbean received 23.8 million global visitors in 2011, an increase of 3.3% over 2010 according to the Caribbean Tourism Organisation.
With this in mind, winter sun-seekers now have a new opportunity to make an exclusive lifestyle investment in the luxury Cinnamon Suites, on the Caribbean island of Grenada, predicted to be the fastest growing market in the Caribbean between 2011 and 2021 according to the World Travel & Tourism Council.
Part of Bacolet Bay Beach Resort and available through multi award-winning international property specialist Property Frontiers, these stunning 5* hotel suites offer attractive returns to investors with Chief Executive Ray Withers commenting,
“We have been at the forefront of the emerging market of hotel investments available to individual investors for a number of years now and identified Grenada as a fantastic place to invest back in 2005. Investing in the Cinnamon Suites will deliver owners value for money (properties are currently prices 30% below current valuation); potential for capital growth; a
solid yield through rental as a hotel property and a defined, realistic exit.”
Bacolet Bay, with its secluded 300m long stretch of sandy beach, sits on the quiet southern shore of Grenada. It offers the peace of hidden luxury, away from the crowds visiting some of the larger Caribbean islands, but easily accessible from both the UK and the US. Regular direct flights are available and the Cinnamon Suites are located only 15 minutes from the island’s
Property Frontiers detailed local knowledge of the Caribbean; in particular Grenada means investors gain the peace of mind to buy with confidence with Withers remarking,
“Our exclusive deal provides $106,500 instant equity plus a guaranteed profit starting at $119,000 when the developer buys back at valuation price. With mortgage financing available, deposits from £46,000 and a 3 year rental guarantee more than covering the finance payments, I imagine units will be pretty popular with our investors.”
The Caribbean’s continuing presence as a top winter sun location, combined with this exclusive offer, make Grenada’s Cinnamon Suites the perfect lifestyle investment.