Ref: HS1191992

The Merricks, Luxury 1 Bedroom Apartment

From GBP £280,000

  • Apartment (In Development)
  • 1 Bedrooms
  • 1 Bathrooms
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About the Apartment

  • Property: Apartment (In Development)
  • Bedrooms: 1
  • Bathrooms: 1
  • Receptions: N/A

The luxury 5 Star Merricks Beach Resort is situated on the stunning Atlantic coast of Barbados. Built to the highest specification it will offer outstanding facilities including The Island Sanctuary spa, a world class sports academy and several exclusive bars and restaurants.

Features

* Spacious, air conditioned 1 bedroom apartment with balcony
* 76.8 sq m / 827 sq ft
* Fully furnished to the highest standard
* Interactive entertainment system with flat screen TV, stereo and internet access
* Use of 5 star amenities and services offered by The Merricks Beach Resort
* £1,000 reservation fee - nothing else to pay until completion
* 100% finance available - the developer pays the monthly interest payment on the 30% deposit (subject to status)
* 70% guaranteed mortgage from completion
* Two year 10% rental guarantee followed by 50% net room rate share
* 30 days free use per year

The Merricks Beach Resort is destined to become one of Barbados’s most luxurious, family-orientated 5 star resorts offering state-of-the-art facilities including a world class spa. Situated in the south east of Barbados on the stunning Atlantic coast in the parish of St Philip, 4km north of The Crane and next to Sam Lord’s Castle just 20 minutes from the Sir Grantley Adams International Airport. The ruggedly beautiful Atlantic east coast offers some spectacular panoramas forged over millions of years by the powerful Atlantic Ocean's winds and waves, and because of its natural topography it is less developed than the west coast.

With its well-established and still growing tourist industry – expected to grow by 4.6% per annum up until 2012 – Barbados is one of the most popular holiday destinations in the world with huge demand for hotel accommodation all year round.

The property market in Barbados is well-established and is still a popular place for international real estate investors and tourists. Capital growth and return on investment have been consistent - capital growth is expected to be +15% per annum for the next 4 years. Prices are still rising due to near saturation – there is a limited stock of property available for sale, and limited land available to build on.

Buying a property at The Merricks will provide you with an excellent long term return on your investment.

Plot Size: N/A

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Pricing Notes

Ground £280,000
1st Floor £285,000
2nd Floor £295,000
3rd Floor £300,000

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