Property Details
Canouan Island
is unspoiled and except for a fortunate few, virtually undiscovered. Located about 110 miles west of Barbados a few miles south of Mustique and neighbouring the world class sailing grounds of the Tobago Cays and Mayreau.
Measuring 3 miles by 1 mile, Canouan claims some of the best beaches in the entire Caribbean - long ribbons of powder-white sands, wide shallows and coral.
- Prime beachfront estate of 67,696 sq ft on Canouans north east coast
- Private and secluded
- Great location - six beaches within walking distance
- A stones throw from the Carenage Hotel Resort, Jim Fazio Golf Course & Grenadines Estate Villas,
- Casino at the Villa Monte Carlo, Amrita Spa
- One delapitated building on site
- Outstanding views over the aquamarine reef and Grenadines Islands
- Good swimming beach
- Concrete access road w/ proposed under-ground infrastructure
- Private Jet access
Project Details
The plan for the redevelopment of the island sets out protective pre-defined maximum building heights and set backs.
A house and guest house of 8,000 + sq ft can be built on the site.
Site Views
Stunning ocean and coastal views
Balliceaux and Battoweya Islands
Destination Information
Infrastructure
The public road is maintained by the government.
Water is collected in tanks here. Under ground cable will need be run to the site. Please request costs.
Access
Canouan Island has recently opened its extended airport runway: 5900 ft
A joint Airport expansion project between the Government of Saint Vincent and Canouan Resorts Development Ltd has invested
millions to make Canouan Island a true international Airport now allowing aircraft as large as the Boeing 737 and Airbus 320 to land and take off safely.
The first G5 took off from Canouan, fully fuelled to London NON-STOP on March 27th, 2008.
Canouan Island transfer times:
Barbados - 35 minutes
San Juan - 2 hours
International Airport St. Vincent
On 16th of August 2006 the Government announced that they are forging ahead with the development of an international airport in St. Vincent. The International Airport at Argyle development has been slow and the completion date is set for 2013.
Investment
T highlight the investment value of this plot compare with the new 1 acre lots on the beach with in the Canouan Estate are approximately 10-11m USD. This 1.56 acres at 1.36m is the only plot of land available for sale on Canouan other than within the Canouan Estate.
Dermot Desmond Plans $100 million Investment for a Resort on Grenadines Estate, The Grenadines are in the early stages of 10 year economic boom and this injection of life will certainly make it an exciting time for the buyer of this plot.
The Canouan luxury resort redevelopment plans are back on track as Billionaire financier and Celtic FC backer Dermot Desmond has agreed to partner the redevelopment project under a $100 million agreement. The ultra luxury hotel and complex is located on the sunny island of Canouan which is a part of the Caribbean Grenadine Islands. Desmond has other investments too, in the super luxury resort sector. The exclusive Sandy Lane resort in Barbados is a major investment in the sector.
JP McManus and John Magnier are the other significant investors in the Sandy Lane Resort. They had bought the resort for €60m way back in 1996. They have spent close to €150m on the renovation and redevelopment of the 360-acre site. The site includes two championship golf courses. The resort is patronised by the super rich and the celebrities. Tiger Woods married his former wife Elin Nordegren overlooking one of the Sandy Lane courses in 2004.
Desmond’s new investment will be handled by his IIU investment company. As a joint venture deal with the CRD group it will invest a $100 million over three years for the construction of a boutique ultra-luxury hotel within the 1,200 acres of the Grenadines Estate. Desmond is aiming to turn the Grenadine beach island into one of the world’s top luxury resorts.
General Information
1.56 acres 67,969 sq ft beachfront land
Additional information:
- Freehold
- Great location
- Two Luxury 5* Resort Hotels
- Up to 12 months growth before completion
- Villa build opportunity with high yields.
- 70% mortgages available on house build
- Established Island Development
- Private Jet Airport on island
