Pitches

 We invite a partner to work with us in the development of Canouan Village Resort & Residences –– a new beachfront, shared ownership vacation offering. Poised between renowned celebrity Mustique Island and the sailing haven of the Tobago Cays, Canouan Island offers a unique holiday and investment situation.       

 Gross Sales Revenue Potential - US$25 Million

The amount and terms of investment and partnership will be jointly decided.

Canouan Island, located 100 miles west of Barbados, is one of only eight inhabited islands of the Grenadines chain. With only 3+ square miles (and Government restriction on further foreign ownership of land in Canouan), Canouan Village Resort & Residences is likely to face no competition for sales and re-sales. The only other vacation properties for sale in Canouan are the multi-million $ villas within the ultra-luxury hilltop ‘Canouan Resort’, comprising ¾ of the island.

Although jewel-like in size and experience, Canouan boasts a 5900’ lighted jetport with regular scheduled daily flights from Barbados and the mainland of St. Vincent (international airport due in 2013), and construction of a new deep-water marina.  Remote yet accessible.

Canouan Village Resort & Residences will include 18 exquisitely designed, furnished and fitted 1- 2-, and 3-bedroom residences, a Great House, Roadside Grill, Café/Bistro, and beachfront Infinity Pool.

Project Details

¨        Each of the 18 residences will be sold as 12-share, deeded fractional interests (216 deeds)

¨        Each Deeded Ownership Right purchases a 4-week stay for life (2 consecutive weeks, 6 months apart) and includes affiliation with the Interval International global exchange network with more than 2,300 participating resorts in over 80 countries.

¨        Feasibility and pricing are confirmed via Ragatz and Northcourse studies: The leading international consulting/market research firms specializing in the shared-ownership resort industry. Strategically priced from 3 data measures: price per share, per week, and per square foot, Canouan Village Resort & Residences is positioned to appeal to the broadest possible buying market.

The Trend - According to the industry’s experts, Deeded Fractional ownership is the growing trend:

¨        Wise, affordable alternative to purchase and maintain a luxury, rarely-used vacation home

¨        Lifestyle, cost-sharing, minimal responsibility

¨        Cash purchase, equity (mortgaged, sold, transferred – unlike Time-shares/Destination Clubs

The Ownership & Investment TREND for these times.

Something New Under the Sun