Following a major renovation, Carmarthen Bay Hotel & Spa will become a four-star quality condo hotel in the UK hotel market, perfect for vacation home buyers and people interested in owning real estate that pays rental revenue.
Carmarthen Bay is located in the picturesque seaside city of Tenby, a hugely popular tourist destination and home to over two miles of beautiful sandy beaches. Many rooms boast stunning sea views and vistas over the picturesque bay.
What makes Carmarthen Bay unique is its exceptional 10% leaseback arrangement available to all buyers. Under the leaseback program, the hotel operator agrees to lease back the unit and pay owners a guaranteed 10% return for the first 10 years. The operator also assumes all responsibilities of the day-to-day running of the property and its costs. Thus ownership in Carmarthen Bay is a hands-off, hassle-free, income-generating asset that offers these key benefits:
- Owners receive a 10% NET return for 10 years.
- Owners can sell the unit back to the developer from years 5-10 at a 2.5% per annum increase over their purchase price.
- Owners are permitted two weeks free usage each year.
- Owners can receive their first year’s 10% return up front and apply it to their purchase price, effectively reducing their cash outlay by 10%.
Carmarthen Bay Hotel & Spa offers these features:
- Prime location with outstanding sea views
- Finished to a modern 4-star standard
- Outdoor heated swimming pool
- 50 seat restaurant
- Luxury spa
- Bar and lounge
- Private garden and path leading directly to the beach
- Beach has Blue Flag status and voted a Top 10 Beach in the UK
- 2 function rooms for weddings
- Conference rooms
- Located in famous fishing village, dating back to 13th century
All rooms will be finished with luxurious décor and high-quality furnishings. Full suites are priced from just £90,000 (approximately $114,505), while larger family-sized units are available for just slightly more at £115,000 (approximately $146,350).
If you are interested in learning more about Carmarthen Bay Hotel & Spa, please feel free to ask specific questions or request our detailed data sheet. We will respond within 24 hours (usually much sooner). Contact Joel Greene at Joel@CondoHotelCenter.com or call (954) 450-1929.