Our view of Barbados
St Philip is an up and coming parish in Barbados, with plentiful wide-open spaces, ripe for development. Barbados is a well established tourist location, however, Principal International were among the first to realise the untapped potential of St Philip. It is ultimately investors, such as yourself, that will profit from this foresight.
With average temperatures of around 28 to 31 degrees Celsius and over three thousand hours of sunshine annually, the rocketing tourist market becomes less surprising, even when you consider that visitor numbers have increased to over half a million per year, from under 18,000 in 1956.
The Merricks is conveniently located within easy reach of Grantley Adams International Airport; taking just 15 minutes to get there by car. The airport is set to undergo extensive expansion works, in order to accommodate the forecasted growth in tourism. Indeed, Virgin intend to increase their flight frequency to Barbados once the Merricks is completed, believing, like us, that it will meet the high demand for top quality accommodation.
The Merricks development could be the last affordable opportunity for investors to purchase property in Barbados with the prospect of an impessive return on their investment. Even in this large scale development, there are only a limited number of properties available. The facts speak for themselves; high quality property management services, five star facilities and a growing holiday-rental market. It may well be the wisest investment that you ever make.
