Resort for Sale and Rent in Petit Byahaut, St. Vincent and the Grenadines

Resort at Petit Byahaut

Petit Byahaut is located on the leeward coast of St Vincent 4 miles north of the capital and a few hundred feet south of the under construction Buccament Bay Resort to be completed this year. it's highrise apartments, to be completed 2010.

The $1,200,000 includes all improvements and the business. Also included is the lease payments on the property until 2012.

Petit Byahaut Bay is protected, clear and alive. There are hundreds of fish in just 3 feet of water and the bay has had up to 19 yachts moored or anchored at one time. The sea's reef and walls offer the best snorkeling and scuba on the island and some have rated it, as one of the best in the world.

Petit Byahaut has been a desired location for centuries, as evidenced by a Carib oven carved in stone in the 1600's and a ruin at the north end of the beach from the 19th C.

Care has been taken to promote a healthy sea and the landscaping has been nurtured for decades.

The resort consists of restaurant, store, mgrs house, guest and staff dwellings and various buildings.

Petit Byahaut has operated since 1991, been featured in the New York Times, the London Times and many other publications.

The scuba and snorkeling are the best on the island and some have said one of the best in the world.

The existing income does not support $1,200,000 price. The business needs expantion.

St Vincent's international airport is to be completed 2012. The 100's of units in the developments a few hundred feet to the north will provide additional business from the overflow. Petit Byahaut has clearer water, more sea life, a secluded beach, a protected bay and is more beautiful. The lush landscape makes Petit Byahaut cooler on hot days. Air conditioning is not needed, because it's provided by nature.

Price $1,200,000
Lease payments $100,000 a year begining 2012 with cost of living increases each year.
The lease will cover all the improved land of the resort until 2012. Beginning 2012 the lease will up to 1/2 of the existing property in Petit Byahaut.
A right to purchase all or part of the property can be negociated.
Other negociations will be considered.