Atlantic Bay Hotel, Woolacombe
➤ Prices starting from GBP55,000 - invest from as little as GBP44,000
➤ Luxury 4-star hotel and spa overlooking 'Britain's Best Beach'
➤ Excellent selection of rooms available with sea views across Morte Bay and The Atlantic Ocean
➤ Contractually guaranteed returns of 10% per annum for 10 years
➤ Secure exit strategy - 125% buyback at year 10 providing guaranteed capital growth
➤ Experienced developer with 10+ hotels under ownership, and over £50million assets in the UK
Hotel Room Investment, Atlantic Bay Hotel, WoolacombeIn association with our award-winning partners, New World Property Investment are delighted to present the Atlantic Bay Hotel, Woolacombe in Devon. Another fantastic hotel room investment opportunity located at one of the UK’s most popular seaside resorts. This stunning hotel sits in a commanding position above Woolacombe with elevated and unobstructed views over the surrounding National Trust countryside and picturesque coastline. As a long-time favourite UK holiday destination for families and surf-fanatics alike, Woolacombe has claimed the Trip Advisor crown for Britain’s Best Beach for the last two consecutive years (2015 & 2016), and now provides the perfect buy to let investment opportunity as it’s popularity spreads across the UK and beyond.
With a rich history, starting life as a traditional Victorian guesthouse, the Atlantic Bay Hotel will be renovated to the developer’s extremely high standards and will comprise of 96 bedrooms, made up of double, twin, and family rooms plus palatial suites. In addition the hotel will also boast indulgent lounge areas, conference and event hosting facilities, a fine dining Premier Collection restaurant, swimming pool and fitness suite, and a relaxing cocktail lounge and bar. The upgrades and renovations will transform The Atlantic Bay Hotel, Woolacombe into a stunning four-star hotel and spa, which will further enhance its reputation as the region’s most exclusive destination for holidaymakers, weddings and conferences.
Nearly six million visitors flock to North Devon every year. Visitors spent a total of GBP464.1 million in the county last year, contributing to a total tourism industry turnover of over GBP550 million. With the impending Brexit, the weakening of the Pound Sterling seems not only to be encouraging domestic tourism but also encouraging foreign visitors, which are already up 3% on the previous year. With UK tourism seemingly at the beginning of a long upward trend and offering excellent long term returns – the time to invest is certainly now!
Those interested in investing at the Atlantic Bay Hotel, Woolacombe can do so from as little as GBP55,000, in exchange for which the award-winning developer is providing contractually guaranteed returns of 10% per annum for 10 years, with a buyback offer available at year 10 of 125% assuring guaranteed capital growth. There is an excellent selection of rooms available boasting breath-taking sea views across Morte Bay and The Atlantic Ocean. This particular deal is specially structured in a way that maximises income yields and minimises the cash down payment, with the opportunity benefiting from no stamp duty payable and the developer covering all legal and closing costs should the investor complete within 28 days.
Features Of The Development:
- A stunning buy to let investment opportunity at one of the UK’s most popular seaside resorts
- The Atlantic Bay Hotel will be transformed into a luxury four-star hotel and spa comprising 96 bedrooms, conference and event hosting facilities, a fine dining restaurant, a swimming pool and health suite and a cocktail lounge and bar
- Variety of rooms available including double, twin and family rooms plus palatial suites
- The hotel sits above Woolacombe, offering breath-taking views across the National Trust countryside, Morte Bay and The Atlantic Ocean
- Woolacombe Beach was voted ‘Britain’s Best Beach’ for the last two years running in 2015 and 2016
- Prices starting from GBP55,000 – GBP100,000
- Wide selection of rooms available boasting sea views across The Atlantic Ocean
- Contractually guaranteed returns of 10% per annum for 10 years
- Defined exit strategy – 125% buyback offer at year 10 providing guaranteed capital growth
- 14 days free personal usage at the developer’s leading hotels across the UK
- No management fees or running costs – totally hands-free investment
- No stamp duty payable
- Investors receive UK title deed as collateral registered at UK Land Registry
- Closing costs and legal fees covered subject to completion within 28 days
- Experienced developer with excellent reputation – 10+ hotels under ownership with over GBP50million assets in the UK
Investing with us at ‘Atlantic Bay Hotel, Woolacombe’ is as easy as picking up the phone. The steps are outlined below:
- Call and speak to your property expert at New World Property Investment
- Select the best unit(s) available
- There is a reservation deposit of GBP500 payable to secure your unit following which solicitors will be instructed
- 80% balance due upon exchange (usually within 28 days)
- Remaining 20% balance offset against first two years income
Estimated Completion: Q2, 2019
Finance: None offered
Unfortunately this particular opportunity is now sold out. Please browse our alternative hotel room investment opportunities in the UK.