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Purchasing property within a Barbados beach resort is becoming more and more popular these days. Not only do you have the benefit of a beautiful oceanside home, but in most cases property owners have access to many of the facilities offered by the resort. One such residence, the Merricks Beach Resort & Residence is generating a lot of excitement as a future investment property. Located on a cliff top location, with its own private beach, it is conveniently located only 15 minutes from the International Airport.
The 70 acre resort includes 101 villas and 600 apartments, entertainment facilities, commercial real estate and a 5 star Hotel.
Types of Properties
- 1 & 2 bedroom apartments
- 1, 2, & 3 bedroom cabanas
- 4 & 5 bedroom villas
All of the above include an open lounge, kitchen, dining room and large bedroom(s). The 1 and 2 bedroom apartments will have built in closets. All apartments have balconies.
If you get in on the ground floor, there will be opportunities to design your own cliff top villa. All the cabanas will be finished to luxury standard, and will be located no further than 500 meters from the sea and the pristine Merricks Cove secluded beach. They all boast open balconies and private plunge pools.
Location
The Merricks Beach Resort is located on the south east coast of Barbados in the parish of St. Phillip, not far from the renowned Sam Lords Castle. The resort is only a 20 minute drive from Bridgetown and its many shopping, dining and entertainment venues
Resort Amenities
- Swimming pools
- Tennis courts
- Spa
- Restaurants & Bars
- Use of the facilities offered by the 5 star hotel and spa are included in ownership.
Investment Opportunities
See the following three options for investing in a property at Merricks Beach Resort & Residence:
1. Invest in a Resort Suite or Resort Cabana.
The property will be maintained by an on site maintenance and property management company. The first two years, the owner will receive a 10% return, thereafter it increases to a 50% share of the room rate. The owner also receives 30 days free usage of the property per year.
2. Purchase your own Private Suite or Cabana.
This choice is ideal for someone who wants to live in Barbados. The units either come furnished or unfurnished and the owners have full use of the hotel facilities.
3. Purchase your own plot of land to develop your own cliff top villa.
Design your own luxury villa on one of the 14 private cliff top settings available. The owner will work with our resorts architects to create an exclusive, custom villa overlooking the Caribbean Sea.
The completion dates for Merricks Beach Resort & Residence is late 2008 and onwards.
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