Ref: HS1163765

Caracola Beach and Spa Resort

EUR €79,000  (approx. GBP £66,616)

  • Apartment (Off Plan)
  • 1 Bedrooms
  • 1 Bathrooms
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About the Apartment

  • Property: Apartment (Off Plan)
  • Bedrooms: 1
  • Bathrooms: 1
  • Receptions: N/A

The Caracola Beach and Spa resort overlooks the stunning Carcola Beach. It provides a genuine hands-off investment opportunity through a comprehensive management and rental package.

Features

The Caracola Beach and Spa Resort comprises of 1244 apartments and duplexes spread over 15 floors overlooking the stunning Caracola Beach on the eastern fringes of the island's main town, Porlamer.

Construction will be to the highest standard in accordance with stringent building regulations and comes with a 10 year building guarantee.
Each apartment will contain:

- Fully fitted kitchen (including white goods).
- Climate control air conditioning.
- Fully furnished.
- includes all content required to enter the rental pool.

Within the resort there are a number of services and facilities:
- Restaurants and bars.
- Spa, Gymnasium, Beauty salon
- Swmming pools and landscaped gardens.

Caracola provides you with an incredible opportunity to earn on your investment through capital growth as well as rental return from your property:

- Guaranteed 7% rental income for 10 years.
- Management and rental delivered by Geneva hospitality group.
- 30% deposit and nothing more until completion ( 30% held in ESCROW).
- Caracola is SIPP compliant (subject to terms and conditions).
- Last apart-hotel on the beach in an area with a shortage of top quality accomodation.
- Tax efficient ownership.

Plot Size: N/A

Main Facilities

Swimming Pool

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Location

BeachCity

Caracola Beach is a long staight golden sandy beach which attracts runners, cyclists and horse riders. Caracola is also just a 5 minute walk away from Porlamer which provides a unique shopping experience with designer stores, speciatlity shops and market stalls. Isla Margarita is also a duty-free zone.

Activities

GolfWatersports

Nearby is the 70 par Isla Bonita 18 hole golf course. Therre are also opportunities for numerous watersports, hiking and horse riding.

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EUR €79,000 = GBP £66,616*

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