The Sweet Retreat Lower Bay, Bequia, The Grenadines

$1,950,000 USD

Details
Location
All Photos
Guide

Property Details

FOR SALE
5 Bedrooms
5 Bathrooms
0.228 Acres
6000 Sq Ft
Superb elevated location above Lower Bay
Beach 2 min stroll (No Pool)
Spectacular sea & island views
Driveway, turning space and parking of 6 vehicles
Currently an established hotel but could be transformed into Private Villa with rental potential
Fairly steep incline, enables great views
Suitable for conversion to a spectacular private residence
Garden
Online Viewing By Request
Parking

5-Bedroom Boutique Hotel with Separate Owners’ Accommodation

Prime Lower Bay Location – Bequia

Positioned above the coveted golden sands of Lower Bay Beach, this boutique hotel offers one of the most sought-after locations on Bequia. Just a two-minute stroll downhill to the beach, the property boasts panoramic views of Admiralty Bay and the surrounding islands — a constantly changing vista of sailing yachts by day and twinkling lights by night, with moonlit reflections over the ocean.

Key Highlights

    Unrivalled location above Lower Bay in a quiet, private hillside setting

    Spectacular sea views including Lower Bay Beach and glimpses of mainland St. Vincent

    Turnkey operation with excellent reputation – sold fully furnished (excluding owners’ personal effects)

Newly updated features:

        All rooms now air-conditioned

        New windows and doors in selected areas

        In-room tea/coffee stations with kettles, French presses, and mini-fridges

        Refreshed entrance with new side access, re-tiled and painted steps

Layout & Facilities:

Central Social Hub

At the heart of the property is a spacious restaurant and bar with both dining and lounging areas, sun deck chairs, hammocks, and washrooms. To the rear is a fully equipped kitchen, storage room, and outdoor sink area. There is also a void space beneath the restaurant which could be developed further or utilised for additional water storage.

Guest Accommodation (5 Ensuite Rooms):

Each guest room features:

Private balcony with astounding ocean views
Super California King-sized mahogany platform beds
Ceiling and standing fans (now complemented by new air-conditioning)
Mini-fridges, tea/coffee facilities, bistro tables and chairs, and safes for valuables
Modern bathrooms with large shower cubicles, vessel sinks, and imported fixtures

Room distribution:

Two interconnecting rooms (if required) below the main restaurant/bar
Two rooms above the restaurant/bar
One elevated room to the rear with panoramic views

Owners’ Accommodation

A separate apartment on the upper level (currently nearing completion) includes:

Sleeping area and bathroom
Office and lounge opening onto a private terrace with sweeping bay views
Tiered garden surroundings

Practical Details

    Approx. 9,952 sq. ft. built area (construction commenced 2008)

    Water storage: Main 40,000-gallon tank built into the rock + additional tank for apartment

    Driveway & parking: Steep access road leading to turning/parking area for ~6 vehicles

    Property includes many steps throughout, providing both character and a good workout!

    Ongoing maintenance program in place; currently operating as a hotel, bar, and restaurant

Price & Viewing

New asking price: USD $1.95 million – a realistic opportunity to own a prime boutique property on Bequia.
Viewings are by appointment only through The Grenadines Collection.

Survey plan GR 4/160

Location

Villa Location

The Grenadines >
Bequia >
Lower Bay

Lower Bay

A tiny village on a spectacular beach this is becoming a desirable residential area. Hillside houses and Villas enjoy views of Admiralty Bay and pleasant breezes. There are local restaurants right on the beach so a great place to spend the day, This is the beach of choice for Bequians and there is a wonderful family atmosphere at the weekends. At Easter regatta time there is a buzz of activity with all the local sailing boats launching from the beach.

All Photos

Buyer's Guide

The entire process can be handled remotely - ie while you are in the UK or US.

Purchase procedure:

1. Make your offer for your chosen property through us. We present your offer, and work to bring the sale to an agreement with the owner.

2. Appoint a local Lawyer to handle your purchase (list of recommended lawyers can be provided upon request) exchange contact details and discuss the purchase arrangements, as you wish.

3. Sign Agreement of Sale & deposit 10% of purchase price in ESCROW account with the lawyer.

The Agreement of Sale Contract is prepared by the lawyer for approval by both parties, before being finalised and signed by both parties. This is a binding agreement, the only circumstances where you would retrieve the deposit would be if:
- the seller fails to perform (for example if there was not clear title)
- or if your ALHL is not issued (this is extremely rare).

4. Alien Land Holders Licence (ALHL) Application (specific to the property & applied for at the time of agreement of purchase ).

Provide the following details to your local lawyer :
- Date and place of birth
- Copy of passport
- Nationality
- Bank reference (not finances just a letter of reliability)
- Police certificate of clear record (applied for from your local police station or online, in your home country

UK: http://www.acro.police.uk/police_certificates.aspx

The police certificate is usually fairly swift and at least straightforward

The lawyer makes the ALHL application and searches to check clear title on the property

5. ALHL is issued (this usually takes 2 to 3 months).

6. Complete the purchase (you deposit the balance of purchase price and the signed deeds of conveyance are released). At this point the property is yours.

Purchase Costs

Purchase costs are straightforward;
- 5% Stamp Duty
- approximately 6% ALHL
- legal fees
Legal fees are standard and the lawyer you instruct can provide a detailed breakdown of the costs.
We advise allowing 13% to cover the costs.

Ownership

The lawyer can advise on personal or company ownership;
Company ownership provides automatic exemption from work permit. Residency is a simple formality with property ownership.

Many buyers choose to own their property through a company which can be set up easily, the lawyer can advise on the costs and fees for this.

There is no capital gains tax, no inheritance tax and annual property taxes are negligible. Funds can be repatriated freely.

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To speak to us call: + 1 784 457 3739