REAL ESTATE FOR SALE (OFF-PLAN) (£ GBP 235,000)
Apartment for sale in St Philip Caribbean St Philip Barbados

*BELOW MARKET VALUE PRICES & 100% FINANCE PACKAGE AVAILABLE*

We are proud to announce the first five star resort development on Barbados for twenty years.

This exclusive development is ideally situated with its own secluded beach and cliff top location on the South East coast of this superb Island. Studios, apartments, detached and semi detached villas to luxury penthouses and exclusive 5 bedroom cliff-top villas all available at off plan prices.
The Merricks offers the astute investor a chance to reap the benefits of potentially high rental yields and significant capital gains.

* 100% Finance Available!* subject to status - terms and conditions apply*
* Just £1000 to pay until completion
* Mortgages available up to 70% LTV
* Managed by 5* Hotel company
* Two years 10% rental GUARANTEED
followed by 50/50 net room rate share
* 30 days free use per year
* Rental yields of up to 33%
* Realistic capital growth of 15% +per annum for the next four years

St Philip is the largest parish on the island but with less than half the population of busy Christ Church.
The parish has a different feel from its more touristy neighbour with no crowds, far less development
and a general sense of isolation. The coastline here is rugged with only a handful of white-sand
beaches divided from each other by long cliffs and rocky outcrops.
The South Coast is a curious mixture of the Caribbean Sea and the Atlantic Ocean.This coast is more
lively than the West Coast but calmer than the East or North, so you have a happy medium.
Tourist development has only recently taken hold in this part of the Island and the area retains an un
- spoilt beauty. Once the haunt of smugglers and wreckers, the beaches of this little developed area
are some of the finest on the Island. Only a handful of attractions are dotted around, with the most
famous being Sam Lord's Castle. This superb mansion which has an interesting past was built in 1820
by Samuel Hall Lord, who made his fortune by luring ships onto the nearby rocks then pillaged them
in true pirate fashion.

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 American. Virgin
intend to increase the number of flights to Barbados once the Merricks is completed. In recent times
they have reduced the number of flights because there was insufficient high quality accommodation
available to fill demand.
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 either purchasing a luxury Apartment, Cabana or villa in this exclusive
residence or investing in the most exciting new resort to open in Barbados in the last 20 years!
The benefit of buying one of these prestigious residence homes is that they have the full use of
facilities of the 5 star Merricks Beach Resort which includes a spa, gym, swimming pools and tennis
courts also bars and restaurants, a conference centre and local shops.

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.
The Merricks also offer bespoke penthouse suites and 14 luxury cliff top villas - prices are on asking

Prices Now From
Studio Suite £235,000
1 Bed apartment £280,000
2 Bed apartment £335,000

From 1st June 2008
Studio Suite £235,000
1 Bed apartment £280,000
2 Bed apartment £335,000