Beach View, Paynes Bay, St. James
Beach View Condominium Hotel is a 36 unit hotel set on 3 acres of Barbados' famed West Coast, just steps away from the beach. The condos surround two large pools, one children's and the other adult, with very spacious decks. The development is owned by a holding company which issues one residential share per condo. Each residential shareholder will be entitled to exclusive possession of the condo unit to which the residential shares apply.Units range from: 2 bedroom 2 bath units - 1372 sq. ft. US$499,000 to US$599,000 3 bedroom 2 bath units - 1814 sq. ft. US$679,000 to US$749,000 Management: An owner must enter the rental management agreement with Beach View Property Ltd. This company has been established by the developer with the prime purpose of managing the property as a hotel. All units are sold fully furnished to ensure uniformity of contents. The property is fully serviced to including housekeeping services in all rooms, full night time security and & regular Pool and garden maintenance. Each owner must make his unit available for rent for 9 months of the year but has complete use of the unit for the other 3 months. All expenses and revenue are pooled thereby offering a fair distribution of net revenues between all owners. No one will be favoured over another. See URL link below for Trip Advisor reviews.
More Information
2 swimming pools
Secured entrance and guard
Full furnished
Consistent rental income