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ID: D-93,
Seaside Development for sale, Merricks, Barbados
Type: seaside
Prices from: £ 175 000
Completion date: January 2009
Property Description:
“BG Estates Worldwide” are delighted to announce the release of our latest resort, Merricks Beach Resort and Residence, Barbados. Merricks is without doubt, the finest off plan investment opportunity to date in Barbados. Beautiful Cabanas are complimented by well designed apartment buildings, all surrounded by rich tropical palm trees. Not only does this development offer stunning Caribbean property within a spa resort in paradise, but also the opportunity to be part of the Millionaires' set from just £175,000!
Barbados is already established as a successful tourist destination, attracting travellers from all over North America, Europe and Asia. Tourism has become the main industry in Barbados and is becoming increasingly important with more holiday makers every year. This has enabled the resort operators to Guarantee a rental return of 10% for two years.
There are two distinct types of property available within the Merricks resort. There are investment properties that will be managed as part of the hotel and spa resort which are available fully furnished to an exquisite standard, including plasma screen televisions. The other type of property is residential, giving owners the opportunity to style the property to their taste. The resort properties will be managed as a 5 star hotel. There will be 3 four storey buildings, each made up of luxury studio hotel rooms. Every apartment comes with a balcony providing breathtaking ocean views. The apartments will range from 688sq ft for a studio up to 2500sq ft luxury penthouse suite complete with wrap around balcony.
As the apartments are being operated as a hotel resort, they are supplied fully furnished. They will include:
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Plasma TV
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Satellite Connection
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Fully Fitted Luxury Bathroom Suite
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Safe
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Luxury Bed
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All Soft Furnishings
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Table and Chairs
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Fridge with Tea and Coffee Making Facilities
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Balcony Furniture Including Table and Chairs
Plus, owners will have unrestricted access to the resort facilities including:
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Swimming Pools
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Spa
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Tennis Courts
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Beach Bar
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Restaurant
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Conference Centre
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Private Beach
Properties highlighted in the Price list come fully furnished. Furnishing options available on request, please contact us for further information at sales@bgestates.com
The above prices include VAT.
An independent quantity surveyor will be inspecting the works undertaken at each stage. Based on their report, the bank will forward the funds related to the build progress.
You would only be charged the interest relating to the amount of money the bank releases. The interest rate will be the rate charged by the bank at that time. This has been arranged to ensure peace of mind at every stage of the build process, as well as the knowledge the bank is overseeing your investment.
Upon completion of the property the outstanding 70% is due. For added flexibility mortgages can be arranged through Caribbean banks, six months prior to completion (subject to status).
For current availability or to reserve your very own property in paradise, please contact us on 0800 321 32 07, or e-mail us to sales@bgestates.com
We do believe that the strategy of the perfectly designed interior incorporates professional approach and profound knowledge of the contemporary interior standards.
The appropriate furniture means not only style and comfort, but also a steady investment - it may be a great advantage if you are planning a long or short-term letting of your property - the elegant interior will make it preferable and will help you receive higher rental income and obtain repeat business.
At your convenience, BG Decor http://www.bgdecor.com/ provides exclusive furnishing packages, completed up to the highest standards and approved by all major tour operators for rental purposes.
- Exclusive lettings furnishing packages
- High quality furniture items
- An elegant design line and color solutions
- A wide selection of finishes and accessories available
Right is an example of one of the resort's Cabanas. These are beautifully styled Caribbean properties, surrounded by professionally landscaped gardens and waterways which complete this stunning island paradise. Cabanas are available either fully furnished or unfurnished - to suit your requirements.
Part of the Merricks Development is the Merricks Beach Resort. The 5 star hotel will be responsible for running the resort, together with the landscaping and maintenance of the properties. Not only is this resort offering an unrivalled investment opportunity, it also enables you to access all spa resort facilities.
The Caribbean is an established investment market, demanding the highest standards in build quality combined with the best locations in order to provide maximum capital return. Merricks will be no exception. The stunning cliff top location, will provide far reaching panoramic views of the Barbadian East coast.