Dennis' Hideaway Mayreau, Mayreau, The Grenadines

$1,200,000 USD

Details
Location
All Photos
Guide

Property Details

FOR SALE
6 Bedrooms
6 Bathrooms
1 Acres
private pool
Located in residential district, overlooking the bay, a developing area
Perfect for large family home
Existing Successful business
Opportunity in developing area
Saline Bay and Union Island }
gentla
Garden
Online Viewing By Request
Parking

Denis' Hideaway
Mayreau Island
St.Vincent & the Grenadine Islands

Family Home or Business Opportunity

This large colonial style house is currently being

run as the popular island guesthouse, bar and restaurant by the enigmatic owner Dennis. There are no contractual obligations for this property to continue as a business, the entire property would work exceptionally well as a large family home located in a residential district on the developing island of Mayreau.

A Beautiful Landscaped Acre on Mayreau
The home, guesthouse, bar, restaurant and swimming pool are located on over an acre of landscaped tropical gardens with panoramic views over to the Saline Bay and Union Island.

Mayreau Opportunities
The new Jaden Sun fast ferry service has made island-hopping and shopping a lot easier and its famous beaches and safe anchorages appeal to the seafaring folks as well as swimmers, snorkelers and divers on Mayreau.

Property Overview
This residence and business currently comprises of a private home, a guesthouse with 6 double bedrooms each with air conditioning and ceiling fans, a restaurant, internet cafe and office space, bar and swimming pool with stunning views over to the neighbouring islands.

Development Opportunities on site
The current owner, Dennis, has made provisional plans for development on the site, a proposal for 3 new buildings located next to the existing guesthouse.

Popular Island Guesthouse
The existing guesthouse is a thriving business offering 6 double rooms, a bar, restaurant and swimming pool to guests. The rooms all feature air conditioning, fans, ensuite shower rooms and balconies with ocean views.

Mayreau Island
This delightful island has no airstrip so guests must arrive by boat on the jetty at Saline Bay close to Dennis' Hideaway. The island is small and quite beautiful with several long, white sandy beaches and is an ideal location for diving and sailing. Spectacular views of the neighbouring islands can be seen from the tiny local catholic church in the village.

Location

Villa Location

The Grenadines >
Mayreau >
Mayreau

Mayreau

This is an island to treasure... Mayreau is a tiny inhabited island with no airstrip so it is a special treat to stay or visit here. The island has superb views out over the Tobago Cays and n a clear day right on down to Grenada. Saltwhistle Bay is exceptionally beautiful Bay...a small piece of heaven

All Photos

Buyer's Guide

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

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.
(this 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 click here: The police certificate is usually fairly swift and at least straightforward.
Address, current and for previous 5 years
Marital status
Occupation

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.

There is no capital gains tax, no inheritance tax and annual property taxes are negligible.

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To speak to us call: + 1 784 457 3739