
Think Investments are proud to announce the launch of the Merricks Beach Resort comprising of Studio, 1 and 2 bedroom apartments, 1, 2 and 3 bedroom Cabanas and 4 and 5 bedroom Villas.
Investment Outline
If you are looking to invest in an established holiday-rental market, with the prospect of significant capital gains in the medium term, then you really must consider Barbados. Think Investments bring you an opportunity to purchase property in the Merricks resort. It is located in St Philip, which is the largest parish in Barbados but which remains relatively undeveloped. This suggests plenty of scope for further development of the already sizeable tourist rental market.
Set within 70 acres of much sought after land, including a beautiful and secluded half-moon beach; there are a wide range of properties available. You can choose from a luxurious apartment, a cabana, a tranquil villa or simply invest in the latest and greatest resort to open in Barbados in the last two decades. Whatever you decide, you will have full use of the 5 star facilities available at the resort.
Located where the Atlantic Ocean meets the Caribbean Sea and close to the equator, Barbados enjoys a warm and sunny climate all year. It is predominantly flat with rolling hills to the north, and has a unique coral structure which acts as a natural filter making its waters amongst the purest in the world. The Atlantic east coast is less developed and ruggedly beautiful, offering some spectacular panoramas forged over millions of years by the powerful Atlantic Ocean's winds and waves.
It is already one of the popular luxury holiday destinations in the world with breathtaking scenery, a wealth of chic restaurants and world-class golf courses and this development will only add to the prestige the island already commands.
The developers have organised everything such that you can immediately begin to receive maximum return on investment. Once the development is complete, properties will be leased by the world class hotel company Oasis Hotels and Resorts who have been appointed as the hotel management company. This will allow owners to receive a rental guarantee, which equates to 10% of the purchase price of the property over the first 2 years. Thereafter, investors will receive a generous 50 - 50 share of the ongoing rental income; secure in the knowledge that a team of experts will be looking after the day-to-day running of the property. No hassle, no fuss. 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.
All of this comes with the opportunity to use the property yourself for 30 days each year. Never before has making an investment been so enjoyable.
The benefit of buying one of these prestigious homes is that they have the full use of the facilities of the 5 star Merricks Hotel and Spa, which includes swimming pools, tennis courts, etc., ideally located with its own secluded beach and cliff top location in the stunning south east area of Barbados with only a 15 minute car journey to the International Airport.
The Deal
- Invest in a Resort Suite or Resort Cabana
- Purchase your own Private Suite or Cabana
- Purchase your own plot of land to develop your own cliff top villa.
In conjunction with the resorts architects you can design your own bespoke villa on the most prime real estate in the resort - the stunning cliff top overlooking the Caribbean Sea.
Location
- Merricks Residence is located on the south east coast of Barbados in the parish of St Philip, close to the famous Sam Lords Castle, a beautiful Georgian mansion built in 1820.
- The resort has its own beach and cliff top location in the stunning south east area of Barbados
- It is only a 15 minute car journey from Grantley Adams International Airport and in close proximity to Barbados' original luxury tourist resort of Crane Beach.
- Further more, the development is 20 minutes from the capital city of Bridgetown where there is an array of department stores, banks, shops, dining and entertainment venues.
- There are many flights daily from all over the UK, which include British Airways and Virgin from Gatwick, BMI from Manchester, as well as now many charter flight companies.
Properties
- The apartments at Merricks Beach Resort & Residence will be finished to a luxury standard. There is a selection of studio, 1 and 2 bedroom apartments. All will boast open plan lounge, kitchen and dining room, and spacious bedrooms. The 1 and 2 bedroom apartments will have built in wardrobes. Each floor within the apartment blocks can be accessed by elevator. All apartments have balconies.
- There are a selection of 2, 3, 4 and 5 bedroom Cabanas as well as the opportunity to work with the resort architects to design your own bespoke cliff top villa.
- All Cabanas will be finished to luxury standard; all will be no further than 500 meters from the sea and the beautiful Merricks Cove secluded beach.
- All accommodation includes use of the 5-star facilities of the onsite Merricks Hotel & Spa.
- All properties purchased in the Resort include guaranteed rental income of 10% pa paid for the first 2 years
Facilities
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