Barbados Property

Insight Spain offer the latest Barbados property for sale on this magnificent Caribbean island with an extensive range of Studios, Apartments, Cabanas and Plantation Houses.

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Property in Barbados

Barbados is the leading island destination in the Southern Caribbean for British, North American and European tourists. This laid - back island combines pristine beaches, crystal clear waters and vibrant flora with great music, delicious food and a strong sense of history and culture. It is also known for its well-trained, industrious people and its stable government.

The island is a mature Caribbean tourism destination with development dating back to the late 50s
and early 60s. Colonial ties to Britain made Barbados a popular destination for wealthy British nationals for many years leading up to World War II.

The tourism product in Barbados is diverse and includes varied accommodation - hotel rooms, villas and guest houses. There are scores of restaurants and nightlife, especially in St Laurence Gap, which is the nightlife capital. There are a wide range of nature attractions including caves and marine parks, historic sites, festivals, quality golf courses and a host 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. The business community is sophisticated, and the government is stable, so life here continues long after the tourists have packed up their sun oils and returned home.

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Merricks Beach Resort

The Merricks is only a 15 minute car journey from the Grantley Adams International Airport. Over the next few years the airport is undergoing massive expansion. It will be the main gateway to the south and south-eastern Caribbean, especially for flights from Europe and from North America. Virgin intend to increase the number of flights to Barbados once the Merricks is completed.

The resort is situated within 70 acres of lush Caribbean paradise with a secluded half moon beach and on a cliff top location in the stunning South East Parish of St Philip. You have the choice of purchasing a luxury apartment, cabana or villa in this exclusive residence by investing in the most exciting new resort to open in Barbados in the last 20 years! Buyers of one of these prestigious residences will have the full use of facilities of the 5 star Merricks Beach Resort, which includes a spa, gym, swimming pools, tennis courts, bars and restaurants, a conference centre and local shops.

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Part of the Merricks development houses the Merricks beach resort. The 5 star Hotel management company (major name announced shortly) will be responsible for the running of the resort, which includes the maintenance of the properties and the general up-keep and landscaping. The Hotel itself will comprise of 14 four-storey buildings each containing 10 luxury studio hotel rooms all with balconies and views of the ocean. The rooms are from approximately 688 sq ft for a studio apartment up to 1,336 sq ft for a 2 bedroom apartment with a fantastic wrap around balcony. All studios and apartments will be at least a third larger than standard Hotel accommodation.

All the studios/apartments will include full luxurious bathroom facilities, including a shower, complimentary toiletries and a hairdryer. Every room will have a plasma screen with satellite television, a safe, luxury bedding and all soft furnishings. There will be a table and chairs in each room, a fridge and tea making facilities. There will also be a table and chairs on the balcony.

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The Merricks also offer bespoke penthouse suites and 14 luxury cliff top villas - prices are on application. Facilities include:

• 4 Restaurants
  
• 5 Swimming Pools
  
• 30,000 sq ft Spa
  
• Beach Bar
  
• Shopping Library
  
• Excursion centre
  
• Tennis courts
• Conference facilities
  

Prices

Studio Apartments from £225,000
1 Bed Apartments from £265,000
2 Bed Apartments from £325,000

1 Bedroom Semi Detached Cabana £325,000
1 Bedroom Semi Detached Deluxe Cabana £395,000
2 Bedroom Semi Detached Cabana £495,000
2 Bedroom Plantation £595,000
3 Bedroom Plantation £795,000
4 Bedroom Plantation £895,000.

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Merricks Beach Resort offers the astute investor a chance to reap the benefits of potentially high rental yields. Features will include:

• All properties fully furnished to a 5 star standard
• 2 year 10% rental guarantee, followed by a 5 year 50% room rate share
• Beach restaurant and bar
• Private swimming pool and spa, etc.
• 30 Days free use per year
• 100% Finance Available!
  
• Mortgages available up to 70% LTV (subject to status)
  

We also have similar developments in the other Caribbean Islands of St Vincent and the Domincan Republic all with the same excellent finance deal. To view these developments please visit our St Vincent Property and Dominican Republic property pages.


If you would like to receive a brochure with the latest availability and prices for Merricks Beach Resort in Barbados, please complete the enquiry form below.

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