PROPERTY SALES

VERANDAH RESORT & SPA - VILLA #261
Long Bay, St. Peter


Number of rooms: 1
Number of bathrooms: 1

Location / Area:See this listing on

PriceUS$ 250,000

This lovely vacation rental property has the look and feel of a cozy Caribbean cottage. Classic Caribbean style architecture and decor, a private verandah with a beautiful ocean view, vaulted ceilings, soaker tub, shower, his and hers sinks, flat screen satellite television, air conditioning, safe, mini fridge, microwave and wet bar.

Nestled along Antigua's pristine northeast coast, this luxury resort encompasses 30 spectacular beachfront acres and is bordered by Devil's Bridge National Park. Kayak, snorkel, windsurf or swim in the tranquil waters of the resorts two reef sheltered beaches.

Unwind at the island's largest free form swimming pool, indulge in your choice of both casual and gourmet restaurants, inviting bars, live entertainment, state of the art gym and mini cinema.

Whether you want to be active or simply soak in the natural beauty, Verandah Resort & Spa is your place to relax with the added benefit of profit sharing dividends. An excellent return on revenue and a vacation spot all in one.

Facilities / Services
VILLA 261 WATERVIEW VILLA AT THE EXCLUSIVE VERANDAH RESORT AND SPA, 4-STAR RESORT
> THE PROPOSITION WOULD APPEAL TO FOREIGN BUYERS WHO REQUIRE PERSONAL USE OF BETWEEN 2 TO 6 WEEKS IN THE YEAR WITH GUARANTEED RETURN FOR THE REST OF THE YEAR
> SIGNIFICANT TAX BREAKS OVER CONVENTIONAL REAL ESTATE TRANSACTIONS, BY INVESTMENT IN A PREFERRED SHARE IN THE RESORT ASSIGNED TO A SPECIFIC VILLA
> NO RENTAL INCOME WITH-HOLDING TAX, NORMALLY 25% ON OTHER REAL ESTATE
> NON CITIZENS SHAREHOLDERS LICENCE IS USD 2,500 APPROXIMATELY AS OPPOSED TO SAY USD 8,000 (5% OF THE PROPERTIES VALUE)
> GUARANTEED INCOME OF USD 6,400 (MINIMUM) PLUS 1/3 X 1/160TH OF ANNUAL RETAINED EARNINGS OF VERANDAH RESORTS LIMITED ? TAX FREE
> NO PROPERTY MANAGEMENT FEES, TYPICALLY 10%
> NO PROPERTY INSURANCE, TYPICALLY 1-2%
> NO RESIDENTIAL PROPERTY TAX
> NO MANAGEMENT CHARGES
> NO LAND VALUE APPRECIATION TAX ? NORMALLY 5%
> NO CAPITAL GAINS TAX
> NO ONGOING PROPERTY MAINTENANCE ISSUES ? REPAIRS, PAINTING
> NON MONTHLY OUT OF POCKET EXPENSES ASSOCIATED WITH OTHER TYPES OF REAL ESTATE INVESTMENT
> BEACH FRONT PROPERTY WITH EXCELLENT FACILITIES
> PROPERTY IS OF EXCELLENT DESIGN, CONSTRUCTION AND MODERN, STYLISH DECOR MAINTAINED BY VERANDAH RESORTS LIMITED
> PROPERTY SHOULD COMMAND PREMIUM PRICES BECAUSE OF BEACH FRONT LOCATION, EXCLUSIVE SETTING AND COMPLETE PACKAGE OFFERED TO INVESTORS
> EACH VILLA CAN SLEEP 4
> PRESITGIOUS RESORTS SUCH AS ST.JAMES?S, GRAND PINEAPPLE BEACH, GALLEY BAY ALL MANAGED BY ELITE ISLAND RESORTS
> NORMAL ROOM RATES IN VERANDAH RESORT & SPA AVERAGE $ 640 PER NIGHT


Paradise Properties Connection
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