| Silver Point Development, Christ Church |
| Asking Price From: Studios US$183,000.00 |
| The Development Silver Point is a trendy 85 room beachfront condominium hotel on the southernmost tip of Barbados, with full security and gated access, The natural beauty and secluded location of this villa hotel offer the perfect blend of solitude and adventure for every purchaser. When completed in early 2008, the development will include an expansive pool area, spa facility, exercise area, two storey open concept restaurant and martini bar and everything else you would expect in a trendy boutique villa hotel. There will be three varieties of accommodation lavishly finished with granite and marble, cedar cane faced closets and coral stone accents. A fantastic deck embracing the hotel’s beach frontage is set to be an extra special feature of the property that overlooks the magnificent beach and everything it offers. This beachfront condominium hotel is |
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The Finishes & Amenities |
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Ownership Structure & Rental Programme Silver Point Villa Hotel will function as an 85 room boutique hotel. Each unit is owned individually and it is obligatory to place the unit into the hotel rental pool. The hotel will be managed and operated by Silver Point Management Inc., a subsidiary company owned by the developers. The hotel operation has been functioning since November 2006 utilizing the 15 units in the completed Block D and occupancy has exceeded expectation. Each unit is owned freehold and the owners have the right to sell at any time.Owners are entitled to six weeks usage in a calendar year, three of which must be taken at non-peak time. All cost associated with the running of each unit will be absorbed by the Rental Management Company and profits will be distributed on a pro rata basis based on the level of your original investment.Purchasers not only have the benefit of staying at an upmarket beachfront hotel for six weeks every year, they have no property management expenses, no additional costs and they get an annual return on their investment. They should also expect significant capital appreciation at this attractive beachfront South Coast location. As part of the purchase package owners buy into a standard furnishing package and subsequent replacement furnishings are also funded out of the rental management expense budget.Silver Point ownership is a hybrid of several ownership mediums with many innovative features that enhance its value for money. It is a sound investment that removes many of the risks associated with conventional rental property ownership. |
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| If you are interested and would like to obtain more information or to arrange a viewing, please fill out our on-line enquiry form with your full details - your name, phone number(s), an accurate email address(s) or contact us and speak to one of our friendly sales representatives directly. Click HERE |