Merricks Beach Resort For Sale in Barbados

€260.000 (approx £180.554)

Overview

Merricks Beach Resort and Residence is an amazing opportunity to purchase an under market value investment in an established market with realistic short and long-term equity growth. The realisation of this growth is evident with the comparable property in the vicinity being around 40% higher that that of Merricks Beach Resort and Residence. Investors at Merricks will be able to secure a 10% Guaranteed rental income for the initial 2 years and receive 50% of the room rate thereafter. Overall rental returns in Barbados are around 4 times higher than the UK being around 15% and 20% per annum. This is achievable even when taking into account that this will ultimately be a holiday rental and traditionally governed by the seasons for the simple fact that with Barbados 5* accommodation is at a constant 85% occupancy, making it one of the best occupancy rates on the planet.

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  • Development : Merricks-Beach-Resort
  • Country : Barbados
  • Rental Program : 10% Guaranteed Return
  • Taxes : No Gains Tax, Purchase Tax or Income Tax
  • Completion : Fisrt Quarter 2008
  • Financing : Bank Guaranteed

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