First class development in St Lucia
This investment gives smaller scale investors (with a minimum of £20,000 to invest) an unprecedented opportunity to invest at the early stages of this first class development on the beautiful island of St Lucia and benefit from the exceptional fixed returns offered by the developer of 48% ROI a year.
The 21 acre resort on the Cap Estate overlooks the magnificent east coast of St Lucia with a superb Jack Nicklaus golf course to the north, offering stunning spa facilities.
The land purchase was completed on 2nd September 2008.
The value of the completed development is predicted to be US$136.9m, with an estimated gross profit of US$31.12m. Outline planning permission was approved on 19th March 2008. Full planning is expected in the last quarter of 2008/first quarter of 2009. An independent valuation has now valued the site at US$15.5m.
Your security:
As an investor you would be a share holder in the Limited Liability Company which has first charge on the land - if full planning is unsuccessful (very unlikely as outline planning has already been granted) and a sale of the land is required, investors will be paid back as first call from the proceeds of sale. As the total investor amount represents less than half the current land valuation, the capital invested is very secure. The developer has already secured most of the US$6.75m it required from private investors, and now requires just $1.5m as at the time of writing.
For a full prospectus please complete an enquiry form below.
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