Caribbean MLSReal Estate

1-bedroom Marriott Autograph swim-up suite in Picard, Dominica

Available on request

Type
Condo
Land
Available on request
Year built
Available on request

What this listing includes

  • Pool
  • Private pool
  • Beachfront
  • Beach access
  • Spa
  • Restaurant or bar
  • Hotel-managed
  • Ocean view
The brief

The reason to consider it.

One-bedroom swim-up hotel suite within a Marriott Autograph Collection beachfront resort on Picard Beach, Portsmouth. The suite includes a bedroom, one bathroom, sitting area, private deck and private swim-up lounge with dip pool. Owners are offered freehold title and two weeks personal use per year; suites not in personal use are entered into the hotel rental pool.

Resort amenities described in the listing include a wellness spa, restaurants, a lagoon pool and direct beach access. The development is currently under construction on a 12-acre site overlooking Cabrits National Park and has 128 rooms planned. The hotel will be hotel-managed under Marriott’s Autograph Collection and investors are eligible to apply under Dominica’s Citizenship by Investment program.

Financial terms stated in the listing: a guaranteed 2% return during construction, a minimum guaranteed return of 2.5% of cost for the first three years of operation, and a 55% owner share of net rental income when the hotel is operational.

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law