1 bedroom apartment for sale
Mullins Grove, St Peter, Barbados
like this property?Call: 03339 391055
1, 2 & 3 bed properties
Only 3 units remaining
US $5,000 Reservation Deposit
Large swimming pool, deck & organic garden
Reputable and proven developer
Established rental management in place for completion
Above average rental returns
Completion in the 4th quarter of 2016
We are pleased to introduce 'Mullins Grove', twelve luxury apartments, starting at $399,999 and offering a mix of 1, 2 and 3 bedroom apartments opposite the iconic Mullins Beach with luxury facilities, amenities and finishes throughout.
At a glance: • 200 yards from Mullins Beach, Indulgence Spa & Gym • US $5,000 Reservation Deposit • Large swimming pool, deck & organic garden • Reputable and proven developer • Established rental management in place for completion • Above average rental returns • Completion end of 2016 Approx.
The Development: Chestertons has partnered with an experienced Caribbean property developer. The development will deliver a mix of 1, 2 and 3 bed apartments opposite the prestigious Mullins Beach with five star facilities/amenities and luxury finishes throughout.
The apartments represent fantastic value for money and will provide an excellent rental return upon completion.
The Location: Mullins Grove occupies a prime West Coast location in the very prestigious and sought after Mullins, St Peter area which is known for its high quality and high value property. The location is absolutely prime for future capital growth and strong rental returns.
Within easy walking distance of the iconic Gibbs & Mullins Beaches and the very popular Mullins Beach Bar & Restaurant, this is a perfect location for those who like to spend days lazing away on the beach. For those that like to get out and see the wonders of the island there is access to Indulgence Spa & Gym, three internationally acclaimed golf courses, fantastic shopping and numerous restaurants nearby.
Stages of payment are: $5,000 to hold a unit now. 20% - deposit 20% - completion of foundations - note the Grove 2 foundations are already completed 20% - completion of ring beam 20%- completion of roof/windows/external doors - basically water tight 17.5% - practical completion 2.5%- completion of snags (usually a month or two as I hand over tip top with v few snagging requirements) The $5K deposit is held in an escrow account.
The rental contract between owner and management is for 5 years. After 5 years the owner has the option to break from it or sign up for another 5 years. If an owner were not to renew then the running costs would be borne by the owners directly and include Common Services, Land Tax and Insurance
More information from this agent
- Grantley Adams (International), 24.7 miles
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