Sunsplash Homes Partnered with Whitton Investments Ltd an International resort Developer, require Agents to promote this luxury eco-development project in St Lucia. 

Benefits:

36 one week fractions per property for personal usage or to rent, giving purchasers a unique opportunity to purchase at an affordable low entry. 

Early bird investors in Phase 1 will recieve a 25% discount  on the purchase price;

A 6% interest will be paid on deposits during the construction of the development (minimum investment required of 17,500.00 GBP

A guaranteed exit option is exercisable in 5 years from completion of the development at a premium to the original purchase price

3 year 8% rental guarantee. Then a share of  50% of the rental income generated by the hotel, after this period which gives returns of net 8% yield

Fractions held by a trustee on behalf of all fractional owners

No maintenance or management costs for purchasers

The exist strategy for purchasers is ongoing fractional ownership sales programme, where they undertake to sell an existing fraction with every four new sales

Product is SIPP approved by a number of products

Operated and managed by award winning SixSenses Resorts and Spas Group

Developer retains 30% of each Villa, thus ensuring that the resort is well managed and maintained as part owner within the Development.

HOTEL VILLAS

Unique Selling Points

6 Villas For Sale (3 One bedroom frontline beach villas, 2 One bedroom beach Villas, 1 Two Bedroom Beach Villa)

25% discount off launch pricesfor first release villas

If purchasers chooses to rent through the Hotel, they offer 8% rental guarantee for up to three years, and 50% Hotel Villa Occupancy income after the guarantee

Monies held in Escrow by a solicitor earning a guaranteed 6% per annum when 50% deposit paid

Developer sponsored mortgages available at 50% of the value of the villa bought

Local Bank financing available up to 70% LTV on completion of the Villa

No maintenance or any other management costs

Guaranteed buyback option of 112% after 5 years

Personal Usage of up to 28 days per day

Operated and managed by award winning Siux Senses Resort and Spa Group

Prices start at 660,000GBP for a 1 Bed Beach Villa

Buying A Land Plot

Only 10 plots available for sale in first release

Each Plot is large in average 20,000 square foot in size

Purchasers can retain ownership of the land plot and build a Villa at construction costs plus 20% margin (for project management) by phased payments

Interest accrued during construction of 6%

Completed Villas will benefit from the Concierge Service of the Six Senses Hotel

Each hotel villa suite will be registered at the land registry in St. Lucia with the ownership protected by a UK trust. There will be a mix of shared and full ownership opportunities and the gross development value of the scheme will be around US $300m.” The  scheme will be “built in 3 phases over a 5 year period on an already-acquired and unencumbered plot of land.”

St Lucia offers excellent value and opportunities and a stable and predictable return on investment compared to the speculation in the equity, commodity and the fixed income investment sectors.

St Lucia benefits from being close to the USA and the emerging economies of South America, such as Brazil,” says Whitton, and “direct flights from JFK New York, Miami, Philadelphia, Atlanta, Charlotte, Toronto, Puerto Rico and London Gatwick.”

Nearby Barbados has land values and property prices that are 40% to 50% more expensive and there is  a favourable tax regime that includes no capital gains or inheritance taxes.

The resort sits on 77 acres of a listed UNESCO world heritage site at the foothills of the Piton mountains near Malgretoute on the west coast of the island.

Email sangita@sunsplashhomes.com to reserve a space or book via Eventbrite