Released on = February 28, 2007, 8:36 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = Now is the ideal time to buy one of the few remaining
properties at the Merricks Resort and Residence in Barbados before the expected
price increase in March.

Press Release Body = Now is the ideal time to buy one of the few remaining
properties at the Merricks Resort and Residence in Barbados before the expected
price increase in March. Barbados is a year-round holiday destination due to its
good climate, making it an excellent investment location with high rental demand.
Property prices have been increasing at an annual rate of between 10% and 15%, and
that level of growth is expected to continue.

Paul Cooper, a Director of Principal International, confirmed that there is still
limited availability on studio, one bedroom and two bedroom apartments and one, two,
three and four bedroom cabanas and villas, but with prices due to rise by at least
10% in March these properties are selling fast.

The property prices on the Merricks Resort and Residence range from £205,000 for a
studio to £280,000 for a two-bedroom apartment. Prices for the Cabana style villas
and luxury Plantation Houses range from £295,000 to £795,000.

All properties come fully furnished to a 5 star standard and benefit from a 10%
two-year rental guarantee, purchasers will also have the opportunity to use their
property for 30 days a year free of charge.

This luxury development which is due for completion in March 2009 has been tipped to
be one of the top 5 star resorts in the area. The hotel and spa operator has yet to
be named, but it is expected to be one of the worlds leading brands of spa hotels;
this coupled with the high quality interiors and furniture packages makes the low
prices and funding arrangements too good an opportunity to miss.

It is possible to reserve a property on this luxury development for just £1,000 and,
by buying before the price rise in March, is a prime opportunity to purchase one of
these luxury properties with an instant 10% equity gain.

If you would like to take advantage of this investment opportunity or would like
more information on the development and funding package available, please contact
Paul Cooper at Principal International on 0800 038 0000.


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