Long Bay, Anguilla, British West Indies

Anguilla is a beautiful Caribbean island located most northerly of the Leeward Islands in the Lesser Antilles. Anguilla is a British overseas territory and is approximately 26km (16 Miles) long by 5km (3 miles) wide at its widest point.
The Valley is the capital and the whole island has a population of approximately 13,500 people. Over the last few years Anquilla has benefited from increased tourism and the island has become an attractive property investment location for overseas buyers.

• A 31.5 acre 6-star resort on the beautiful Caribbean Island of Anguilla. The development offers fabulous facilities complete with a full concierge service.

• Global Development Group, through an Anguillan local company, Global Investment Anguilla Limited (GIA, company no. 1016654), are the resort developers with key personnel  who have a proven track record in successfully creating this type of resort.

• The development is a joint venture with a local Anguillan family who own the land which has already been transferred into the development company, GIA.

• Outline planning was awarded on the 19th of June, with full planning expected in January 2009.

• The land has just been valued at US$45 million. The cost of the land in the joint venture is US$41 million which is to be paid for from future profits. Once full planning is granted a valuation in excess of US$ 75 million is expected.

• The developer is looking to secure US$7.5 million This will be applied towards the professional costs involved in obtaining full planning permission, sales and marketing costs, and the repayment of existing first phase investors.