About the Condominium
- Property: Condominium (New Build)
- Bedrooms: 1
- Bathrooms: 1
- Receptions: N/A
Ideal for the savvy investor!
A great opportunity to own an investment unit on the beautiful south coast of Barbados, a location that has been rated amongst the top ten in the world for wind and kite surfing.
Features
This trendy 85-room beachfront condominium hotel sits on approximately two acres of beachfront land on the southernmost tip of Barbados. The property is made up of five residential blocks offering a mix of tastefully designed and furnished studio and one bedroom apartments of varying sizes and layout.
The development includes an expansive pool area, spa facility, exercise area and a two-storey, open concept oceanfront restaurant with bar.
It will be obligatory for you to place your freehold unit in the hotel’s rental pool, which will remove the many risks associated with conventional rental property ownership. You are then left to enjoy six weeks’ stay at the hotel every year, free of charge, as well as great annual returns and capital appreciation from your investment.
The units do not attract monthly property management expenses or additional costs, as these will be absorbed by the Rental Management Company, with a pro rata profit sharing scheme to operate.
Owners will be required to buy into a standard furnishing package and subsequent replacement furnishings will be funded out of the rental management expense budget.
Once construction of Silverpoint Villa Hotel has been completed in full (almost at present), the boutique hotel will offer a fine dining restaurant and bar overlooking Silver Sands beach, an expansive pool area with deck embracing the hotel’s beach frontage, spa facility, exercise area, landscaped grounds and wireless internet access.
Plot Size: N/A
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The sale price is quoted in (USD $). Show approximate sale price in:
From USD $192,500 = GBP £132,640*
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