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Tamarind Hills, Antigua

Pre-Launch Offer at Tamarind Hills - Antigua
for clients to buy Off-Plan.

This is a special offer for clients interested in joining us in buying a property off-plan at Tamarind Hills, Antigua, prior to the public launch in Autumn 2008. It is limited to the first 5 properties reserved.

Preferential Pre-Launch payment terms; just 30% deposit, payable on signing the purchase contract and nothing more to pay until completion and handover 2 - 2.5 years later, depending on which phase one buys in. Note: funds held in escrow until a given number of units in each phase have been sold.

When 12 units have been sold prices will be increased by 10%. The public Launch will not take place until September 2008 thus pre-launch buyers will have a price advantage of at least 10% and quite possibly more.

Properties are either owner occupancy or placed in a rental pool supervised by a top international independent resort management company. This provides an excellent investment with a guaranteed return of not less than 5% p.a., for the first two years and allowing up to 8 weeks' use for the owner each year. The pool arrangement provides the owner a hassle-free investment with the security of receiving a fair share of the annual income.

Special Government concessions have been granted to this project. This reduces the cost of buying the property and stamp duty from 7.5% combined to just 1.875%. This benefit can be passed to a buyer if the property is sold before completion. In addition, as there is no Capital Gains Tax in Antigua if the property is owned by a corporation, resale before completion is an attractive alternative.

Another concession, providing valuable import duty savings , allows the developer to provide a choice of outstanding Interior Designer furnishing packages at very attractive prices ($65,000 for a 2-bed apartment approx).

Properties are all very spacious and include 5 Beachfront Villas from $1.5 million, 4 Ocean Homes from $2.5 million, 10 Ridgetop Residences from $2.75 million, and 61 apartments, 1 bedroom units from $670,000, 2 bedrooms from $1 million and 3 bedrooms from $1.6 million. All properties have sea-views and are finished to a very high standard. Each property, apartment or villa, has its own infinity edge swimming pool and large terrace with a gazebo for al fresco dining.

Tamarind Hills is on a bluff between two of the island's most beautiful white sandy beaches and incorporates a wildlife reserve for birds. Jolly Harbour, a well-known local marina and golf course, is 5 minutes away and contains a supermarket, shops, restaurants and banks. The capital, St. John's , is a 15-minute drive and the International Airport 20 minutes.

The resort will have a beach bar and two restaurants, one on a jetty, 24 hour concierge services, large freeform communal pool on 3 levels and VIP beach club, Spa and gym, two outstanding beaches with beach service and a private jetty for day mooring.

A potentially excellent return on investment. The 10% price benefit offered to pre-launch buyers represents an immediate price advantage of 33% on the 30% deposit outlaid and, as prices increase during the course of the project, this is likely to get a great deal better by the time the properties are finished.

Unlike many of the newer real-estate markets, Antigua's year-round good climate, easy accessibility from USA, Europe and UK and its business-friendly Government , continue to make it a sound investment destination. Please Contact us for further information and Inspection Visit arrangements.
 

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