Property Removed | Barbados, Southern East coast | 1 Bedroom

DETAILS

5 Star Beach Resort, Barbados


We are extremely proud to announce this new and exciting five star resort development in St Vincent and the Grenadines.


Purchase your very own piece of paradise with:-







Two years 10% rental GUARANTEE followed by 50/50 room rate share







These apartments are constructed to the highest specifications, using the best quality local materials – tiles, stone and timber from sustainable sources – with oriental style architecture to provide simple, elegant and spacious living accommodation.

All apartments are furnished with stylish, modern simplicity, featuring stone tile floors and hand crafted Caribbean mahogany furniture.



This exclusive development is ideally situated with its own secluded beach and cliff top location on the South East coast of this superb Island.Studios, apartments, detached and semi detached villas to luxury penthouses and exclusive 5 bedroom cliff-topvillas all available at off plan prices.

The Merricks offers the astute investor a chance to reapthe benefits of potentially high rental yields and significant capital gains.

The finished resort will have a mixture of properties, from hotel studio apartments to four bedroom plantation houses and exclusive penthouses, residing in their own landscaped grounds. The cabanas will make up the infrastructure of the hotel supplying five star rooms with the freedom of their own private villa. The properties will come fully furnished with air-conditioning to the bedrooms. Free occupancy by the owner for one month per year (2 weeks high and 2 weeks low season) will be included in the price.

The sports facilities will include a fully-fitted gym with sauna, several tennis courts, as well as a hardcourt area, suitable for basketball, netball or 5-a-side soccer. All facilities will be floodlit for night-time use. In addition, we are proud to announce our Soccer and Tennis Academies.






Reason 1: Established and Growing Tourist Industry - Barbados has seen a huge increase in visitors to the island, from 17,829 in 1956 to 507,086 in 2001. Visitor expenditure in 2001 was estimated at Bds.$1.4 billion, which represents 14% of Gross Domestic Product. Travel and tourism is expected to grow by 4.6% per annum, in real terms, between 2002 and 2012. The travel and tourism economic contribution should rise from 37.4% to 43.8% during the same period. All this means that for an investor in the tourist sector is that you will be putting your money into a destination that is well established and still growing - this offers security in the knowledge that Barbados is viewed by many people as the ´safest bet´in the Caribbean in terms of capital growth. To our knowledge, Barbados has never suffered from a property recession and property prices have increased steadily for the past 50 years, an impressive record, continued demand and limited supply will also ensure it continues for many years to come.

Reason 2: Urban Renewal and Development - One Key aspect of successful property investment is to buy in the early stage of a regeneration initiative. This usually leads to increased prices, demand and re-sales.

Despite Barbdos being one of the premier locations in the Caribbean, it is only just receiving significantregeneration investment and as an investor you stand to benefit. Barbados Tourism Investment Inc. (BTI) has been designated by the government as the agency to manage the infrastructural renewal programme in the tourism centres of Bridgetown, Speightstown, Oistins and St Lawrence Gap. This renewal programme is an integral part of the country´s drive to encourage increased investment in the tourist sector.

Reason 3: The Climate - The climate is tropical with temperatures ranging from 21 to 31 degrees celsius and a rainy season from June to October. Throughout the year the weather is warm and sunny with an average daytime high of 23 - 29 F. The nights are slightly cooler. The weather is one of the major lures of Barbados and rightly so. The consistent weather and extended tourist season mean that Barbados remains an attractive holiday destination when other Islands are cooler or wetter. Long seasons means more income, which means greater yield and profit for the investor. Tropical rainstorms sometimes occur from June to October, however the rainfall is usually brief and dries off quickly. There has not been a hurricane in Barbados since 1952.

Reason 4: Travel - The Merricks is only a 15 minute car journey from the Grantley Adams International Airport. Over the next few years the airport is undergoing massive expansion. It will be the main gateway to the south and south-eastern Caribbean, especially for flights from Europe and from North American. Virgin intend to increase the number of flights to Barbados once the Merricks is completed. In recent times they have reduced the number of flights because there was insufficient high quality accommodation available to fill demand.



This opportunity allows early investors to purchase a property with only a small amount of capital down with the added security of a 10% rental return for two years. Therefore, with only £1000 you can cash-in not only on the rental returns but also the rapidly appreciating property market of a burgeoning tourist industry

Furthermore, with several price rises set before completion the earlier you buy, the higher your return.

Not only that, your property will be managed by a 5-Star resort management group that will be available to you free of charge for 30 days a year. 

The resort will be marketed to deliver the highest possible occupancy, ensuring investors an excellent investment opportunity.


Please contact us for a full availability list with prices


* 100% Finance is based on the developers covering interests costs on a loan of 30%