Property Details
- Property: Apartment (In Development)
- Bedrooms: N/A
- Bathrooms: 1
- Receptions: 1
Merricks Studio Suites
This is a fantastic opportunity to aquire luxury Caribbean property well below market valuation for just a £1,000 reservation fee. The developer will make all re-payments on the 30% deposit finance and will also provide an exceptional rental income after the initial 2 years at guaranteed 10%.
This developer is financially secure with assets running into the hundreds of millions.
Features
100% Finance Investment Opportunity
Only...£1,000 Reservation fee required until completion
The Merricks Resort consists of studio, apartments, detached and semi-detached villas to luxury penthouses and exclusive 5 bedroom cliff top mansions. Prices range from £250,000 to just under £1 million.
100% Finance Available
* Just £1,000 to pay until completion
* Mortgages available up to 70% LTV
* Developer 30% deposit assistance available
* Fully furnished to a 5* standard
* Managed by 5* Hotel company
* Two years 10% rental GUARANTEED
* Followed by 50/50 net room rate share
* Rental yields of up to 33%
* Realistic capital gains of 15% pa
* 40% under market value
* 30 days FREE use per year
Situated in the South East of Barbados on the Atlantic coast in the parish of St. Philip, the 5 star Merricks Beach Resort comprises over seventy acres of beach and cliff top land just 15 minutes from the Sir Grantley Adams International Airport. The resort will be managed and maintained to the highest standards by a world class resort management company.
The luxury 5 star Merricks Beach Resort is situated in a stunning cliff top position in the south east of Barbados on the ruggedly beautiful Atlantic coast and enjoys spectacular panoramas forged over millions of years by the powerful Atlantic Ocean's winds and waves. Located in the parish of St Philip, 4km north of The Crane and next to Sam Lord’s Castle it’s just 20 minutes from the Sir Grantley Adams International Airport.
The Merricks Beach Resort will become one of Barbados’s most luxurious, family-orientated 5 star resorts and will offer state-of-the-art accommodation and amenities including a world class spa. There is currently a shortage of this level of accommodation on the island.
It will be managed and maintained to the highest standard by world-class hotel company OASIS HOTELS & RESORTS. They are confident in providing the highest standards of quality, style and comfort for guests. The resort will also benefit from the efficiency of their global booking system and established online presence which will ensure maximum occupancy throughout the year.
Several Environmental Impact Analysis projects are currently in progress to facilitate our application for planning approval. We already have the report and recommendations from a 3 month coastal study and proposal for creating a breakwater for the beach at Palmetto Bay to make a safe area for bathing.
Completion Date
We expect to receive full planning permission by the end of 2008 and to complete the resort by Christmas 2012.
The resort has several bars and restaurants which offer guests a choice of cuisine, including The Merricks Beach Club with terraces and gardens providing a relaxing, shaded area to enjoy cocktails and casual dining by day or night.
The Island Sanctuary Spa at the resort offers a range of luxurious and restorative treatments and therapies designed to stimulate, purify, soothe and detoxify. All products work in harmony with nature and include hot stone therapies, hydrotherapy, Shiatsu, Aromatherapy, holistic body and Thai massages, as well as a wide range of traditional beauty treatments.
The luxurious spa is situated on the cliff top and enjoys stunning views across the ocean. Here you will discover a range of pools, steam, sauna and aroma rooms, sumptuous treatment suites and relaxation rooms designed for individuals or couples. Outdoor treatment suites are bordered by herb gardens and shaded by tropical vegetation and each contain a Yin-Yang bath for purification and restoration
The Merricks Reception provides a concierge service for guests to arrange restaurant and spa bookings, taxis, sightseeing tours and watersports activities.
The Harlequin Sports Academy offers expert cricket and tennis coaching for both children and adults.
The Harlequin Fitness Centre comprises a full range of cardiovascular and physical training equipment.
The Island Sanctuary Spa has indoor and outdoor treatment suites providing a range of massages, beauty treatments and holistic therapies.
The Merricks has several bars and restaurants offering guests a choice of cuisine and ranging from fine dining to casual eating whilst enjoying stunning views.
Several freshwater swimming pools, including a children's pool, are situated within the gardens, all with a concierge service for drinks and snacks.
The Piazza houses a café bar and restaurants as well as a collection of designer boutiques offering fashion, gifts and jewellery at tax-free prices.
For Children
The Kid's Club provides day care for young children with closely supervised, fun-filled activities, age appropriate toys, puzzles and games.
A baby-sitting service is available from 7pm until midnight.
The Teen Club allows young adults aged 13+ to enjoy their own lounge with an adjoining games room providing pool, table tennis, tabletop football and a jukebox.
Barbados is renowned for being a world class international luxury holiday destination. Located where the Atlantic Ocean meets the Caribbean Sea and close to the Equator, it is warm and sunny all year with more than 3,000 hours of sunshine.
This unique and beautiful Island paradise provides the best of all worlds. With its breathtaking scenery, shimmering white sandy beaches made from finely ground coral and superb weather, it’s the perfect place to relax and unwind. It’s also full of chic restaurants with glorious sea views offering an impressive range of regional and international cuisine as well as vibrant nightclubs and championship golf courses.
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