CARIBBEAN PROPERTY


INVESTMENT PROPERTY IN THE CARIBBEAN

Caribbean Property for Sale



These 4 Caribbean property developments are all structured in the a similar way.
  • You buy a freehold or share of freehold property and then lease it back to the Resort & Spa Management Company.
  • You receive 10% rental guarantee for the first two years.
  • After the first two years you enter a 50/50 room rate share pool with the other investors who own the same type of property as you.
  • A full 5-star furniture pack is included within the purchase price. 30 days free personal use each year is included - you still earn you income during these 30 days and you can sub-let if you do not wish to make use of the time yourself.
  • You only require a 30% deposit until completion. A 70% loan to value mortgage is guaranteed to be offered to you upon completion
  • The developer is owned by an English family with companies registered in the UK and St Vincent (for tax reasons)
  • The purchase price is in Sterling, so there are no currency fluctuations to worry about during construction
  • Off-plan purchase prices are typically 50% below market value

FEATURED DEVELOPMENTS


Barbados Caribbean Property

Merricks Resort
Barbados

Barbados Caribbean Property for Sale Investment Deals Details from $450,000
St Vincent Caribbean Property

Buccament Bay
St. Vincent

St vincent Caribbean Property Details from $230,000
Dominican Caribbean Property

Las Canas
Dominican Republic

Dominican Caribbean Property Details from $260,000

PROPERTY INVESTMENT


Why Invest in the Caribbean



Due to the significantly discounted off-plan contract price and the capital appreciation during the construction phaseof these Caribbean properties, it is anticipated that a £200,000 purchase price will have grown to a property value at completion of circa £325,000 (taking Barbados as an example).

On completion of your Caribbean property a 70% loan to value guaranteed mortgage is available based on the value at completion and therefore you will be able to borrow in the region of £227,500. This is clearly ample to pay back the £59,000 loan as well as the 70% balance still owned (£140,000) as well as the accrued interest of £7,080 (from the above example). This totals £206,080.

Assuming you borrowed this amount (£206,080) the annual interest payment would be £16,500 based on a rate of 8%.

There is a 2-year 10% rental guarantee based on the purchase price of £200,000, which using this example will generate you an income of £20,000 each year, which will very comfortably cover your mortgage payments.

After the initial 2-year rental guarantee of 10% per year, you enter a 5-year share of the room rate scheme, where you will receive an equal share of 50% of the income generated each month by all identical unit types. You will benefit from significant, regular monthly income whether your specific property is let or not. Using the above example we estimate that you should receive circa £38,000 per year.

In addition, a 5-star furniture package is included and you also have the benefit of 30 days free personal use of your property per annum.

It really is possible to invest in Caribbean property for as little as £1000. This virtually ‘no money down deal’, with funded deposit and guaranteed rental is proving exceptionally popular. Due to the exceptional interest, availability in the Resorts is now limited!

We would be delighted to provide more information and answer any questions you may have regarding this exciting opportunity, as well as helping you to make your reservation of a Caribbean property possible.

Please call us on 0800 038 0000 or +44 (0) 1483 748 629 or fill out our contact form.

Please note :
*Subject to status and conditions apply - please contact Principal International for further information.
** Refundable only if the 30% deposit funding cannot be offered to you.

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