Firefly Hotel and 12.4 Acre Estate Bequia

Firefly Hotel and 12.4 Acre Estate Bequia Spring, Bequia, The Grenadines

$3,900,000 USD

Details
Location
All Photos
Plans
Guide

Property Details

FOR SALE
6 Bedrooms
6 Bathrooms
12.4 Acres
540144 Sq Ft
Swimming Pool
Additional 13 acres of beachfront land available
Turnkey 6 bedroom Firefly Hotel
including 2 bedroom separate Estate Cottage
Orchards, Paddock and Cross Country Golf Course
2 Yoga /massage suites }
The Hotel enjoys an elevated position with gently sloping/level estate land.
Established hotel with great reputation
Garden
Online Viewing By Request
Parking

Firefly Boutique Hotel and 12.4 Acres of Tropical Estate
Spring, Bequia

St. Vincent & the Grenadines

An idyllic island hotel property available for purchase
Successful boutique hotel set in 12.4 acres of lush established estate land with extensive tropical fruit trees, a large pool and guest facilities including golf and yoga massage suites.

Could be purchased with a view to further commercial development or transformed into a spectacular private villa estate.

Exclusive environment
Spring is Bequia's most favourable residential area. Spring is well established as the prime international residential area. Residents enjoy peace, calm and security.
There are a number of high quality villas on the private Spring Estate in the valley and hillsides on the north side of Spring Bay. The 12.4 acres of the Firefly Estate enjoys the ideal location - close to a beautiful beach, with easy direct access from the main road through Spring.

Development to 30 Bedrooms
Recently the property held permission for plans submitted to expand to 30 bedrooms at the hotel or develop residential or managed rental villas in the hotel grounds for sale. This permission has lapsed but would likely be smoothly granted should you wish to reapply. There are no covenants and it is understood permission could be easily reinstated.

13 Acres of Additional Beachfront land available

Click here to view beachfront land

The remaining beachfront lands of the estate can also be purchased in addition if you wish. This separate parcel of land is a lovely level palm grove and 800ft of beachfront of Spring Bay with light golden sand.

Consistent 5 Star ***** Reviews on Trip Advisor

Turnkey Operation, fully staffed and operational
The Hotel sale includes both the property and the operational business, trained staff in place along with website and the full database of clients which includes the valuable database of the sister Mustique hotel “Firefly Mustique”.

Firefly Hotel has current contract to manage the Firefly Villas which have recently been developed in the Beach area.
Firefly Hotel has also provided small scale eco tourism tours of the estate.

Layout and amenities
Within the tropical grounds of 13 acres there are a huge variety of fruit trees, beautiful natural greenery.

The hotel guest facilities include :

Large fresh water swimming pool
Open air dining room.
2 suites for Guest facilities /Yoga studio massage room
Cross Country Golf Course
Horse Paddock
Bee Hives
Croquet Lawn
Sandy Spring Bay beach is just a short stroll away

Large pool nestled into tropical grounds
The Pool area on which guests can enjoy from a large classic stone sun terrace with shaded gazebos.

The restaurant , bar and guest lounge area at the heart of the hotel
The open-air restaurant has an excellent reputation for serving modern, locally sourced Caribbean cuisine for breakfast, lunch, and dinner with a view of the Caribbean Sea. The estate gardens providing key ingredients for the dishes. Seasonal barbecue and Creole events are featured as well.

Guest Rooms with luxurious elegant colonial feel
The 4 private hotel guest rooms each enjoy a private balcony or a terrace with

seating area and a view out over the estate to the ocean. Each with high quality En-suite facilities. The 4 guest rooms are newly renovated and beautifully appointed each with AC and wifi and individual furnishings.

All kingsize and all with luxurious private bathrooms, dressing room / walk in closet. The Guest Rooms benefit from independent water catchment with large water storage system.

Estate Cottage

Consisting of a large master bedroom with en suite bathroom and private balcony area. A further guest room with separate bathroom (not en suite), an open plan lounge, dining room, kitchen area and magnificent outside balcony and patio area with views across the estate, direct access to the estate grounds -and the pool - perfect for a private escape.

Separate managers and staff cottage completed in Jan 2021

4 bedrooms
4 bathrooms
Staffs Private Kitchen

This is a newly constructed staff quarters - an independent property - which could be further renovated to provide additional guest accommodation or treatment facilities.

Office building with AC

, extensive storage and outbuildings

Three large secure storage rooms presently used for tools and wine cellar and housekeeping and kitchen storage.

Below this building is a large concrete water storage tank which keeps the rooms naturally cool.

Various additional outbuildings and storage areas in need of renovation but presently used for storage and work areas

Separate Laundry building with water catchment and water storage tanks (both gravity fed and pump fed).

Large stone building, attached to main restaurant area, which is in need of cosmetic refurbishment and currently houses

The managers' office which is Air Conditioned, a store room and a beauty treatment / massage room.

Extensive grounds
The property enjoys extensive grounds with fruit orchards, which guests can explore through a guided history tour which is part of the hotels ethos of guest engagement there is also capacity for horse riding.

Utilities and facilities
The property is fully served with the following utilities and facilities:

Electricity
Well maintained Road access
Cable / Wifi
Fresh water well
Extensive in and above ground water reservoir providing excellent water catchment capability with seprate concrete storage tanks
Solar water heaters
Laundry Extensive storage rooms, chilled room etc.
Commercial Kitchen
2 Guest Toilets ( one staff toilet)

Purchases should note that water supply system on Bequia is usually rainfall captured from roofs and stored in cool concrete water tanks. This system works wonderfully and provides ample water for the hotel requirements.

The Hotel does also benefit from having ownership of a fresh water well.

Fantastic central island location

The Islands capitol, Port Elizabeth, is 5 minutes’ drive away.
5 miles from Bequia Airport.
The hotel is 1 mile from Islands key attraction the Turtle Sanctuary
9 miles to Mustique direct by boat
22 miles to Canouan directy by boat

The quiet roads of Bequia add to the charm and a quick drive brings you over the main ridge of Bequia to the The Harbour Town of Port Elizabeth. (the drive to Bequia's airport takes a further 15 minutes.) Port Elizabeth offers dive and sailing experiences with easy access to some of the worlds best sailing and culture with a plethora of bars, restaurants, and helpful shopping, supermarkets and facilities.

International Connections
Bequia Airport offers direct access to international hub airports of Barbados and Saint Lucia just 50 min flight away.

The Ferry to Mainland Saint Vincent is a wonderful regular service - just under 1hr trip with Direct flights from the UK and US. The island of Bequia is a well connected gem.

Viewing and support for your purchase
Please contact The Grenadines Collection Team for viewings of this property and to answer any questions you have on developing and purchasing in the islands.

The 'Guide' tab above gives some more detailed information on the purchase procedure and we also have the google outline of the Survey plan in the 'Plans' tab for you to view.

Highly recommended as a commercial or private property purchase
The sense of history here is just fantastic, and this is an amazing opportunity to purchase a large established hotel in a key island location.

The 'Photos' Tab above provides a full set of (A large number of 40+ images) for you to view in full.

Location

Villa Location

The Grenadines >
Bequia >
Spring

Spring

A quiet international community of independent villas on the hillsides of this green and peaceful valley. The boutique Firefly Hotel, and old sugar mill is located here. The old tall Coconut palms run down to the coral sand beach facing the ocean. Completely away from the Harbour but astonishingly close for a visit for shops, restaurants and the bustle of island life.

All Photos

Plans

Buyer's Guide

The entire purchase process can be handled remotely from your country of residence.

Purchase Costs

Purchase costs are straightforward

5% Stamp Duty
6% ALHL - approximately
Legal fees

Legal fees are standard and the lawyer you instruct can provide a detailed breakdown of the costs. We can recommend reasonably priced legal services

We advise allowing 13% to cover the costs.

Purchase procedure:

1. Make your offer for your chosen property through us - The Grenadines Collection. 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.

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.

Full Support from our team through the purchase process through to securing rentals for your new property.

Full Service Real Estate Agency

Due to operating in a small island environment we cover many more services for our clients beyond the core transaction. We are here from start to finish of the process, and pride ourselves with a strong and long running relationship with our buyers, assisting in settling new owners into the island and their property. We are happy to assist with any part, from the handover, relocating, shipping, staffing, and continuing through our rental program.

We extend our full concierge services, and regularly handle all arrangements for potential purchasers visiting the islands for viewings - private or scheduled flights, transfers, accommodation, island briefings, tours and property viewings.

We arrange and lead viewings ensuring they are comfortable, relaxed and well timed. We provided detailed printed material and can photograph aspects of the property which are of particular interest to you, ensuring that all follow up material is focused for you.

From helping you find the right property, assisting in assessment & evaluation, advice on legal processes to various areas surrounding architecture, design, project management, property maintenance, management, and rental.

Email our team enquiries@TheGrenadinesCollection.com

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To speak to us call: + 1 784 457 3739