Developments covered by Sunswept Estates
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Cap Maison – www.capmaison.com
This development is a family development. The location here is very special, on the North West tip of the island with amazing views of Martinique, Pigeon Island and incredible sunsets. It sits on a bluff above a very special beach, so you have the cliff top views as well as the beach.
The concept of this is also buy-to-let. Owners buy these homes, and enjoy them for up to 9 weeks a year and the rest of the time they are run by the hotel. The resort will be a small, boutique resort with 5 star service and facilities. It will be very up market, a quieter development than the Landings and they are aiming to be the best small hotel in the Caribbean. The sales contract is written that if we do not perform, then owners will have the option to pull out of the rental pool after the first 7 years. Performance is based on cash returns. The first year is guaranteed at 5%. Facilities include gym, spa, golf membership and free green fees, restaurant, resort boat, butler service and more. The style is Spanish Caribbean architecture and this will be a truly awesome little hotel and the homes themselves a very large, spacious and exciting with swimming pools on the roof as well as on the ground.
There are 22 homes here; construction is under way with completion in January 2008. Buyers here are discerning buyers keen on solid returns, who want to be part of an upscale boutique operation, and capital gain is also going to be very strong here as the location is very close to the golf course and on St Lucia’s version of millionaire’s row (but certainly not ostentatious – the owners of the nicer homes here are very down to earth and friendly) Prices range from US$800,000 to US$1.5m. This is an excellent investment option and the preparation, construction, location, style and management of this project is among best on the island.
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