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Other commercial property in Antigua and Barbuda For Sale

Antigua and Barbuda
429 300 €
Other commercial property in Antigua and Barbuda
Other commercial property in Antigua and Barbuda
Other commercial property in Antigua and Barbuda
Other commercial property in Antigua and Barbuda
Other commercial property in Antigua and Barbuda

Description

Rental Income Options.



Receive a guaranteed 10% (of original property purchase price) per year, for up to 10 years from completion. 



Then, receive 50% of the ongoing net room rate share. 



When the resort is established and achieving optimal occupancy, up to 15% rental return (of original property purchase price) is projected as your share of rental income, per year, based on optimal 85% hotel/resort occupancy. 



Therefore, your return on deposit investment is projected to be up to 50% return on deposit investment per year. 



To express this in monetary terms, a property purchased for £200,000 is projected to generate up to £30,000 in rental profit per year, after projected mortgage and maintenance costs have been deducted. 



Please contact us to receive rental income projections for specific Caribbean resorts and property types. 



Personal Use.



You will be able to occupy your property for 30 days each year without accommodation charge (Excludes SIPP purchases). 



The resort developer has confirmed that a fee will be deducted for housekeeping, food and beverages. 



Reservation & Deposit.



Only £1,000 reservation deposit is required to secure the current discounted purchase price. From this reservation date, you are not subject to further price increases. 



Within 45 days of reservation, you pay 30% of property purchase price to the developer as purchase deposit. 



Finance Your Property Purchase.



A finance option is available, allowing you to raise a loan to pay the required 30% deposit (Subject to status. Terms & conditions apply). 



Monthly interest on your loan for 30% deposit is covered by the developer and added to the purchase price of your property. 



70% Mortgage.



Upon completion, the developer intends to provide a 70% mortgage (subject to finance). 



The 70% mortgage is intended to cover the remainder of the property purchase price, including finance interest accrued. 



Furnishing & Management.



Each Caribbean investment property is sold with full furnishings included, at no additional cost. 



In fact, you purchase your property completely Ready To Rent, to allow immediate use as accommodation within the resort and to generate rental income without delay. 



The resort operator manages all aspects of rental and maintenance on your behalf. 



Self Invested Personal Pension (SIPP) Purchases.



Our Caribbean investment properties are suitable for SIPP investment.

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