The Haves and Have-Yachts Eye up Grenadine

tony nguyen

The mega yacht industry is booming – despite the recession there are still plenty of billionaires around and yachts are how they like to have fun. So the arrival of a new mega yacht harbour available to cater for the super-rich is undoubtedly good news for property investors on the island of the Grenadines.

The Mega Yacht Industry started in Bequia Island, Grenadines, six months ago. The new Yacht Club has places for mega yachts on its dock, plus all the services including customs and immigration on site.

The astonishing beauty of the Grenadines island chain between Barbados and Grenada, combined with its reputation for privacy not publicity, make it the perfect choice for a second home: particularly when you are mega-rich!

For example, there are several high end beachfront private residences for sale on Bequia between US$ 1million and US$ 7.5million. With the arrival of the super-yacht brigade, property prices across the island will undoubtedly rise in the coming years.

For those who think they have seen it all before, this is the undiscovered Caribbean. Described as 'one of the world's best kept secret islands', Bequia Island is a coveted and beloved paradise. It has an incredible charm, a verdant, luscious landscape, great restaurants, a yacht club and vibrant and friendly social life, as well as an unchallenged and superior collection of idyllic beaches.

Many investment experts believe that the Caribbean is ripe for investment opportunities. Guyana, for example, is one Caribbean country that has done much to increase it’s infrastructure and encourage investment.

Investing money in the Caribbean

If you are looking to invest in the Caribbean, think carefully about how you will be transferring money. Foreign currency exchange rates quoted by banks are almost always worse than the exchange rates available through specialist currency dealers.

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