BARBADOS – FRACTIONAL OWNERSHIP
WHY INVEST IN BARBADOS
English speaking island. Friendly people.
Stable government with parliamentary democracy.
Direct flights from major cities in Europe and North America.
No capital gains tax, tax treaty with Canada.
High hotel occupancy rates and rental rates.
Beautiful scenery – white beaches, rolling hills & craggy cliffs.
THE DEVELOPMENT
Located on the south east coast of Barbados on a beautiful 1 kilometre beach.
5 Star Resort of Residence and Hotel Suites.
Total of 300 units in 7 blocks built in phases over 6 years.
Resort amenities will include spa, restaurant, bar, fitness centre, boutiques, gourmet store.
PHASE I
Phase 1 is a condo building of 5 units on 6 floors, fractioned to 50 weeks, for a total of 1500 units for sale.
All units are 1500 sq. ft. You are purchasing a specific unit for a specific week.
When not using your unit you can rent it yourself out or put it in the rental pool.
Estimated occupancy 2-3 years.
PRICING
Units are priced from $15,000 to $48,000.
Maintenance fees are approx. $800 per unit per year, regardless of purchase cost.
Deposit $15,000 secured by a first mortgage on the building.
