Released on = March 16, 2007, 9:13 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = Principal International one of the UK's leading overseas
property investment companies has announced that the prices in the resort of
Merricks in Barbados have now gone up by 10% for new purchasers

Press Release Body = Principal International one of the UK's leading overseas
property investment companies has announced that the prices in the resort of
Merricks in Barbados have now gone up by 10% for new purchasers, and in some cases
more, and a further rise of 20-25% is expected in the summer of 2007.

This is great news for those smart investors who have already bought here, as the
capital growth has shown a fantastic return before practical completion, and "the
popularity of these units is not diminishing" said Simon Ryeland, Director of
Principal International.

This luxury resort which comes fully packaged with rent guarantees, room rate share
options and a staggeringly low reservation deposit of £1000 has been hugely popular
and most of the apartments and villa style cabanas have now sold out. There is
however a possibility of a small number of units becoming available. For further
information and to check availability see their website for details;
http://www.principalinternational.co.uk/.

The opportunities to invest in Barbados are becoming few and far between with the
limited amount of coastal land being available to develop. Its stable economy offers
investors a safe climate in which to buy overseas property.

In addition, much is being written about investors being disappointed with the
rental returns on investment property, especially in parts of Europe where yield is
only reaching as much as 3-4% in the emerging markets, and the numbers of weeks the
property is being let out is limited to only a few weeks a year. Investors in this
scheme at Merricks cannot lose because of the 10% rental guarantees and the 50/50
room rate share option.

Despite the price rises, these units offer excellent value for money but investors
are advised to act quickly, Principal International say that buying in Barbados is
the investor's favourite choice in the Caribbean.


Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

441483748629
press@principalinternational.co.uk
http://www.principalinternational.co.uk