Caribbean MLSReal Estate

1-bedroom Marriott-branded hotel suite in Picard Beach, Dominica

Available on request

Type
Apartment
Land
Available on request
Year built
Available on request

What this listing includes

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

The reason to consider it.

One-bedroom hotel suite within a Marriott Autograph Collection beachfront resort currently under construction on Picard Beach, near Portsmouth, Dominica. The suite offers a bedroom, one bathroom, a sitting area and a private deck overlooking the lagoon pool; swim-up units with private dip pools are also available.

The development occupies approximately 12 acres and will include a wellness spa, restaurants and a lagoon pool with direct beach access. Owners receive freehold title, two weeks personal use per year and the option to place the suite in the hotel rental program.

Key selling points:

  • Freehold one-bedroom suite of approximately 46.7 m² (503 ft²) internal area
  • Two weeks personal use per year; units placed in the managed rental pool when not in use
  • Owner share of net rental income: 55%; guaranteed minimum returns during construction and a minimum 2.5% of cost for the first three years of operation
  • Part of Marriott’s Autograph Collection; resort is approved for Dominica Citizenship by Investment (CBI)
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