The Genuine Student Requirement for Australian Student Visas
Barbados, The Merricks
1. The Merricks Beach resorT, BarBados
Prices froM £95,000
The DesTinaTion
norTh PoInT
Barbados is one of the most popular luxury The SPouT
holiday destinations in the world with breathtaking
scenery, a wealth of chic restaurants and world-
class golf courses. Barbados is located where the The MeRRiCks
Caribbean sea meets the atlantic ocean and BeaCh ResoRT
being close to the equator the island enjoys a
warm and sunny climate all year round. BaThsheBa
The loCaTion holeTown
In the south east of the island, the five-star
Merricks Resort is situated on the ruggedly
beautiful atlantic coast with spectacular
panoramic views and stunning cliff top scenery
forged over millions of years by the ocean’s winds BRiDGeTown
and waves. Located in the parish of St Philip, 4km
north of The Crane and next to Sam Lord’s Castle, GRanTley aDaMs
InTernaTIonaL aIrPorT
the resort is 20 minutes from the sir Grantley
adams international airport.
The DeveLoPmenT
The Merricks Beach Resort will be managed and
maintained to the highest standard by world-class
hotel company oasis hotels and Resorts. They are
confident in providing their guests with the highest
standards of quality, style and comfort. 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.
2. BreakDown of unIT
located within the beautifully landscaped
gardens of The merricks, villas and apartments are
constructed to the highest specifications, using
the best quality local materials from sustainable
sources to provide contemporary and spacious
five-star living accommodation. all the villas and
apartments are fully furnished with stylish, modern
simplicity, featuring stone tiled floors and hand
crafted Caribbean mahogany furniture.
TyPICaL fLoor PLanS
feaTureS anD amenITIeS
• The merricks’ reception provides a concierge
service for guests to arrange restaurant and
spa bookings, taxis, sightseeing tours and water
sport activities.
• The sports academy offers expert cricket and
tennis coaching for both adults and children.
• The harlequin Fitness Centre comprises of
a full range of cardiovascular and physical
training equipment.
• The island sanctuary spa has indoor and
outdoor suites providing a range of massages,
beauty treatments and holistic therapies.
• The merricks has several bars and restaurants
offering guests a choice of cuisine, ranging
from fine dining to casual eating while enjoying
the 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 fashionable clothes, gifts and jewellery
at tax free prices.
• all villas and apartments have interactive
entertainment systems with a flat screen Tv,
internet access, a telephone, a stereo, and a
personal in-room safe.
• all villas have a private jacuzzi.
3. FinanCial BReakDown
• 70% guaranteed mortgage
from completion.
• Two year 10% rental guarantee followed
by 50% net room rate share.
• 30 days free use of property each year.
Purchasing off-plan property means you pay a
price lower than the final value at completion.
There will be several price rises during the build
period which means you will see the value of
your property increase over time. you can sell
your property at any time after the exchange
of contracts. InveSTmenT STruCTure
how To fInanCe a ProPerTy DeveLoPer (uk BaSeD)
• £1000 reservation fee* required for one of the largest most trusted developers in the
reservation of a specific property. 30% Caribbean.
deposit must be payed within 45 days of
hoTeL GrouP
making your reservation.
experienced world class hotel company owner
• 30% deposit of the purchase price*.
of 42 hotels worldwide. established presence with
• on completion the developer will provide a tour operators maximising on occupancy.
70% guaranteed lTV mortgage.
inVesToR
100% finance* available, i.e., developer will
owner of freehold property with guaranteed
pay your monthly payment on the 30% deposit
return of 10% in a buoyant Caribbean market with
for duration of build
high capital Growth.
how To reServe a ProPerTy InveSTmenT ParTnerS
1. your assigned property portfolio manager • Developer
will contact you to discuss the deposit • hotel Group
required and finance options. • Investor
2. a buyer’s pack will then be sent to you with all 3 parties benefit from the commercial
full details of your reserved plot, including relationship created through the development.
the development, location, size and floor
plans, as well as finance agreements.
3. your Property Portfolio manager will keep
you up to date with the progression until inVesToR
exchange has been completed.
inCoMe
DeveLoPer hoTeL GrouP
The Investor will share in the profit generated from
this multimillion pound 5 Star development and
the infrastructure, management and marketing
generated from the hotel group (who managed 5
star resorts all over the world)
4. frequenTLy aSkeD queSTIonS
what guarantees do I have that the project or
developer will not go under?
This land is fully owned by the developer. most
developers that face bankruptcy do so due to
the money they owe on the land.
how do I know my unit will be rented out?
The resort will be run and managed by oasis
hotels and resorts who already run five separate
five-star resorts across the Caribbean, as well as
resorts in spain and Mexico. They are part of the
Globalia Corporation, who own air europa.
what is the rental yield I can expect?
after the two years 10% rental guarantee you can
expect yields of around 17-33%.
have the planning permission and other local
permissions for the project been granted?
Full planning permission has been granted for Two
rivers and Buccament Bay, while permission has
been outlined for The Merricks, las Canas and the Property Clinic uk Ltd
Marquis estate. Tel +44 (0)20 8240 4485
Fax +44 (0)20 8240 4486
what is the buying process?
south london
The buying process will be different depending Southbridge house, Southbridge Place, Croydon Cr0 4ha
on the island, although purchases will be dealt Central london
through the developer, based in the uk. Second floor, 145 - 157 St John Street, London eC1v 4Py
info@propertycliniconline.com
www.propertycliniconline.com
registered in england and wales. no 06485430
Second floor, 145 - 157 St John Street, London eC1v 4Py