Silver sands

07/03/2008
Overseas Living
Located on the beautiful Silver Sands beach, the lower level beachfront units sit over ten feet higher than the beach
All beachfront units have spectacular views and all guests will have the additional luxury of a huge deck for sunbathing beside the pool, a two tier restaurant, bar and swimming pool overlooking the beach and 24 hr security.The Silver Point project is the complete transformation of the former Silver Rock Hotel into 85 freehold units that are being sold to individual owners with a proviso that they must put them back into the rental pool. There are no exceptions as Silver Point will be designed and managed as an up market boutique hotel and owners will have six weeks usage throughout the year.
Any additional time will be available at preferential rates, and six weeks usage can be transferred. Amongst the project's amenities are a superb beachfront location, two excellent restaurants, a spa, a fitness suite, a shop, two pools, water sports facilities and a host of other services associated with an up market hotel operation. Silver Point is for the savvy investor, as the business model is built around the principle that all costs associated with each owner's unit are absorbed by the rental pool, and the profits distributed equitably amongst all the owners depending on the level of the initial investment into the project.
In that respect, each unit has a profit allocation that remains constant and each unit receives the net profit from that allocation. Many overseas owners worry about periods when the property is not rented and potential damage from perhaps a bad tenant, maintenance or weather, but Silver Point handles all these concerns. The restaurant, spa, fitness suite and other associated amenities will be provided under separate business entities and unit owners will have no liability or risk for their operations. Silver Point goes a long way to meeting the needs of the astute investor, the thinking purchaser who looks a little further down the line and assesses the investment from all the angles. Silver Point is not a timeshare, fractional ownership or buy-to-let.
It is a hybrid of conventional property ownership with many innovative features that enhance the potential for capital growth and investment return, while reducing many of the risks associated with normal overseas property purchase. To receive a copy of our investors pack please visit us at barbadosliving.com or give us a call at (246) 228-4854.
