Property description:
Excellent Investment Opportunity In Barbados
The Resort consists of studio style hotel rooms, with one bedroom suites, 2 bedroom suites as well as garden and water cabanas, this also includes 3 and 4 bedroom cabana suites.

Property features:

Property particulars:

Barbados is the leading island destination in the Southern Caribbean for British, North American and European tourists. It is known for its well-trained, industrious people, its stable government, a wide range of accommodations and attractions and its fine coral-sand beaches.
Barbados is a mature Caribbean tourism destination. Large-scale tourism development dates back to the late 50s and early 60s but colonial ties to Britain had made Barbados a popular destination for wealthy British nationals for many years before World War 11.

The tourism product in Barbados is diverse and includes varied accommodation - hotel rooms, villas and guest houses -, scores of restaurants and other food and beverage facilities, nature attractions including caves and marine parks, historic sites, festivals, golf courses and a range of other activities.
By the end of 2003, the island had hosted over 1 million tourists, of whom 531,211 were stay-over visitors and 559,000 were cruise ship visitors. Accommodation for tourists is targeted to increase from approximately 7,250 rooms in 2003 to approximately 9,500 rooms by 2010.
Over 70% of the country's foreign exchange is earned by the tourism sector. It was anticipated that by the end of 2003 Tourism's contribution to real Gross Domestic Product (GDP) would have been in the region of 11.8%.
This 5 star Hotel (major name announced shortly) will be responsible for the running of the resort, which includes the maintenance of the properties in the residence and the general upkeep and looking after the landscaping.The 5 star Hotel consists of studio style hotel rooms, with one bedroom suites, 2 bedroom suites as well as garden and water cabanas, this also includes 3 and 4 bedroom cabana suites.

As an investment, this can make life very easy for you as all the properties are:
* Fully Furnished to a 5 star standard
* Flat screen TV
* 2 year 10% GUARANTEED rental, followed by 5 year 50% room rate share
* 30 days free use per year
* 30% down, nothing to pay until completion (up to 2010)
* Guaranteed Mortgage

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 beach and cliff top location in the stunning south east area of Barbados with only a 15 minute car journey to the International Airport.
There are many flights daily from all over the UK, which include British Airways and Virgin from Gatwick, Manchester with BMI as well as Virgin, and now many charter flight companies.

This is a fantastic opportunity for you to own a luxury apartment or villa in the Caribbean.
We are pleased to confirm that mortgages are available in the Caribbean up to 70% LTV, subject to status.
Prices start from £225,000