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9/2/2008 - International Dreams

This is a great Apartment located in Merricks Cove Barbados Caribbean and is for sale listed by International Dreams for 235,000 GBP Price From on 2 September 2008. The Apartment is 60 sq m, has 1 bedrooms and 1 bathrooms . Quote Reference MERRICKS RESORT. 1 2 3

Apartment in Merricks Cove Barbados, Caribbean

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Properties for sale in  Barbados Properties for sale in  Barbados
Properties for sale in  Barbados
Properties for sale in  Barbados
Bedrooms: 1 Bathrooms: 1 Size: 60 sq m
Price: 235,000 GBP Price From

(EUROS) € 295,372
(GBP) £ 235,000
(US) $ 436,560
Finance this property from 699.12 GBP (€ 878.73/ £ 699.12/ $ 1298.76) per month - see our Caribbean mortgages info

Apartment Description

100% Finance available, Fully Furnished and 10% rental guarantee for 2 Years

Reserve for £1000

100% fianance Available

10% rental Guarantee for 2 Years, then 50/50 share & Fully furnished

Barbados is one of the most popular luxury holiday destinations in the world with breathtaking scenery, a wealth of chic restaurants and world-class golf courses. Located where the Atlantic Ocean meets the Caribbean Sea and close to the equator the island enjoys a warm and sunny climate all year.
The luxury 5 star Merricks Beach Resort is situated in a stunning cliff top position in the south east of Barbados on the ruggedly beautiful Atlantic coast and enjoys spectacular panoramas forged over millions of years by the powerful Atlantic Ocean's winds and waves. Located in the parish of St Philip, 4km north of The Crane and next to Sam Lord's Castle it's just 20 minutes from the Sir Grantley Adams International Airport.

The Merricks Beach Resort will be managed and maintained to the highest standard by world-class hotel company OASIS HOTELS & RESORTS. They are confident in providing the highest standards of quality, style and comfort for guests. 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.

Completion Date
We expect to receive full planning permission by the end of 2008 and to complete the resort by Christmas 2012.

Location

Barbados is one of the most popular luxury holiday destinations in the world. Renowned for its breathtaking scenery, the richness of its culture and above all the friendliness of its people it provides the best of all worlds - it is one of the best places to relax, but it's also full of chic restaurants, vibrant nightclubs and world-class golf courses. Barbados has an endearingly British atmosphere and cricket is the national sport. But despite the British influence, it is a cosmopolitan country with a strong character of its own. It is prosperous and progressive and still full of natural charm; the Caribbean culture is very much evident in its cuisine, music and people.

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.

The Merricks Beach Resort is situated in the south east of Barbados on the stunning Atlantic coast in the parish of St Philip, 4km north of The Crane and next to Sam Lord’s Castle just 20 minutes from the Sir Grantley Adams International Airport.

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International Dreams


International Dreams
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Caribbean Mortgages: Example for REF MERRICKS RESORT

( Apartment in Merricks Cove Barbados, Caribbean )

Interest only mortgage

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 70,500 GBP
70 % Financed = 164,500 GBP
Monthly mortgage repayment = 699.12 GBP (€ 878.73/ £ 699.12/ $ 1298.76)

Capital repayment mortgage:

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 70,500 GBP
70 % Financed = 164,500 GBP
Monthly mortgage repayment = 893.15 GBP (€ 1122.6/ £ 893.15/ $ 1659.2)
Correct as at Friday, November 21, 2008

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