Caribbean Below Market Value Property Investment
Posted: 19 August 2010
Principal International are delighted to announce the launch of these exclusive properties in the Turks and Caicos Islands, in the Caribbean. This limited number of fully managed units are set on a stunning resort which has access to seven miles of private white sandy beach. Investors are able to purchase these units for at least 23% below market value and can enjoy returns, net of maintenance and projected mortgage costs, of up to 17.8%. Mortgages are available on this project at up to 75% LTV subject to status.
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Situated in the Turks and Caicos Islands, located south east of the Bahamas and only approximately 600 miles from Miami, this area has seen a steady growth in tourism over the last two decades, and has achieved excellent growth despite the recent recession. This fabulous development will offer guests the opportunity to enjoy all the activities available in North Caicos, such as snorkeling, horse riding etc whilst offering the additional benefits of the resort's spa, bar restaurants and 200 sqm infinity pool.
The project is situated on the north west corner of North Caicos next to Parrot Cay, one of the private islands and home to ultra luxurious and exclusive resorts. Much of the island is designated as a nature reserve and the area boasts the third largest barrier reef in the world and the island is seen to be an up and coming destination with excellent potential for investors.
For further details visit Royal Caicos Beach Club & Spa