*Most images are of actual resorts.
Las Canas Beach ResortDominican Republic
Buccament BaySt Vincent
The Marquis EstateSt Lucia
Buccament BaySt Vincent
Las Canas Beach ResortDominican Republic
The Merricks Beach ResortBarbados
Why are these Caribbean properties a great investment?
We have all heard of investments that are too good to be true. Often overseas investment properties fail due to the company going bust, being in a poor location or being run by inexperienced teams. Here are 21 reasons why we chose to invest our money in these Caribbean properties and why you should consider them too...A financially sound developer
- The company behind these developments, Harlequin, used cash to purchase the land. Rather than going down the traditional route of seeking funding for the entire project, there is no debt owed on the land, meaning the developer is in an incredibly strong position.
Vigorously analysed by thousands of people
- The properties are SIPP compliant and over fifteen SIPP providers have accepted them into their pension schemes. In order for an investment to count towards a Self Invested Pension Plan, the UK Government has to perform due diligence to ensure the investment is sound. Not many things qualify for SIPPs, including UK Buy-to-Let properties.
- A large amount of seasoned, successful property investors have already put their money into these properties. At the last count there were over 6000 people who, through their own due diligence, decided that it was worth signing up.
- Famous people and respected brands are backing the project. People like Gary Player and Pat Cash, along with companies and brands like Trader Vic’s and Espa have a lot to lose if these investments do not perform. Their management teams decided that of all the options available, these luxury resorts were ones to be a part of.
A brilliant package for investors
- By getting in early, before the properties are built, you can receive fantastic discounts on what the properties will be worth when they are up and running. Investing early helps the developer by saving them not having to seek expensive finance elsewhere, something you are rewarded for with discounts of up to 50% below market value.
- 100% finance is available, meaning if you choose to structure your investment in a certain way, it can be done without you tying up your own money. This is of course subject to status.
- There is a 10% rental guarantee for at least 2 years and after this period, a rental guarantee can still be put in place. Where else would you find an overseas property development so confident in the returns that they are willing to place their own money on the line and guarantee them?
- The reservation fees are minimal. You can reserve one of these properties for just £1000. So long as you have this amount then you don’t have to let this opportunity slip past you.
- If you choose to pay the deposit with your own money then the developer will pay you the interest you would have received if this money was still in your bank. If you take out a loan to fund the deposit then they will cover the interest only payments on the loan. There is a generous cap on interest rates payable that far exceeds most UK savings accounts.
- Non SIPP investors get to use the property for free for 30 days each year. This is a great bonus when you consider that the cost to stay in resorts of this quality costs hundreds of pounds a night.
A hassle free, ‘hands off’ property investment
- Once you own the property the costs are non-existent. You don’t even need to take out insurance as all properties are fully insured by the resort.
- As the hotels need to attract high end customers, everything needs to look its best. That’s why furniture will be replaced as and when needed. You won’t have to pay for this – the hotel will.
- Likewise, the surroundings will be maintained year round as part of the on-going hotel management, so unlike investing in a UK flat, there is no grounds maintenance charge.
Strong local economies
- Contrasting many overseas investments, the Caribbean represents a strong place to invest in property as there hasn’t been a recession there for decades. The global financial crisis that destroyed UK property prices did not affect the Caribbean.
- Tourist figures are increasing year on year, meaning there is a growing demand for your property.
- Property values are on the rise. Now is a great time to invest in Caribbean property as the prices are going the right way.
The strongest management team
- The team that will be managing the resorts have been hand selected from some of the other luxury resorts and 5 star establishments from around the world. There is no doubt that with the calibre of people on board, these hotels will run smoothly, keep people returning and your investment growing.
- Some of the world’s most recognised travel agents are pushing these resorts. With your investment property appearing in the brochures and on the websites of operators such as Virgin Travel and Kuoni, a high occupancy is expected all year round.
An ethical development
- With this property developer it’s as much about give as it is about take. The resorts are set to improve the local economies substantially as they are employing local people to work in each resort. A UN international trade committee charter has been signed, proving their commitment to looking after their staff.
- All resorts will use local produce and educate locals on how to supply food and produce that suit the travel industry and tastes of foreign travellers. This will lead to local farmers and fishermen having a much better skill set and will make their roles far more important.
Brought to you by early investors
- The team behind this website have already purchased over half a dozen properties in various Harlequin resorts. We are experienced property investors who are only willing to pass on deals that we believe are truly great. The way we see it is if it’s good enough for your money then it certainly is good enough for ours.