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Hotel Suite - fractional ownership

  • 48.000 EUR
  • 52.541 USD41.200 GBP45.542 CHF93.880 BAM5.626.363 RSD
  • United KingdomWales
  • 69865
  • 13.04.2015 21:58:12
  • 27.06.2031 12:58:07
  • 62
  • Sale
  • 1
  • 1
Description:

Built in 1595 but recently refurbished to an exceptionally high standard, The Corran Resort & Spa rises out of the rural marshes near Laugharne, Carmarthen. The location is isolated and set in acres of marshland but the hotel offers boutique chic respite and relaxation inside.

Rebranded as The Corran Resort and Spa in 2013, the hotel first opened its doors in 2001, initially housing an acclaimed restaurant and seven luxury bedrooms. It has since evolved into an 21 suite hotel, incorporating an extended hotel and bar, restaurant, kitchen gardens, pool, gym and bespoke spa as well as a small cinema room and a private members area. This first phase of investment successfully sold out in January 2013 and these latest investment opportunities are in the form of an additional 28 brand new luxurious hotel suites.

Carmarthen and Laugharne

Carmarthenshire has one of the most diverse landscapes in Wales. Forests to beaches, rivers to castles, the region has something for everyone, the locals love tourists and go out of their way to make visitors feel welcome.

The area is most well-known to be Dylan Thomas' stomping ground. Laugharne is meant to be the inspiration for ‘Llareggub' the fictional town in ‘Under Milk Wood'. He called Laugharne a ‘timeless, beautiful, barmy town.'

The Restaurant

Open to both guests and visitors The Corran Resort & Spa's restaurant offers fine dining and dishes made almost wholly from local produce. Offering British and European cuisine that move from light lunches to a full a la carte menu.

The bar offers an extensive wine and cocktail list and can be used by guests and visitors alike. Open late into the night, it's a place to relax in style and comfort, close to the roaring fire on cold nights, while large doors lead to the terrace giving an airy setting on balmy summer evenings.

The Spa

The hotel also houses a gym, swimming pool and spa for the exclusive use of guests and members. The spa has two treatment rooms and a stone steam sanctuary offering a variety of massage and beauty treatments carried out by expert therapists. Guests can relax with a smoothie from the spa's juice bar and can enjoy the pool and Jacuzzi or work out in the state-of-the-art gym. Treatments can be booked in advance at the spa reception.

The Suites

The Corran Resort & Spa's existing 21 luxurious suites houses a state-of-the-art media system incorporating a widescreen TV, wireless and a sophisticated sound and DVD system. Guests can relax in Kohler baths while additional features include powerful Matki walk-in showers and stone floors with underfloor heating. Sumptuous Frette cotton sheets furnish the beds, while guests can also pamper themselves with natural REN products.

"The character and qualities of our room meant that we didn't really feel compelled to leave it too often" Guardian Travel Section, from Mr and Mrs Smith.

This exceptionally high calibre is being taken forward into the renovation of further buildings within the resort. Those who purchase in this new phase of 28 additional suites will not be disappointed! These renovations have already begun in a collection of buildings set aside from the main hotel and in addition to the extra rooms will include another bar and cafe.

These expansion plans have come to fruition following a great increase in wedding bookings at the resort, with event reservations now needed a year in advance, and with its rural location extra accommodation is needed.

The Opportunity

Purchasers at The Corran Resort & Spa can take the security of high NET rental return option which go as far as 15 years post-purchase. The rate of return currently is 12% for purchasers from years 1-10, this then increases to 15% fixed annual returns from years 11-15.

There is a solid exit strategy put forward by the developer which will see an assured resale option of the original purchase price. Years 5-14 you can get back 125% of the purchase price, rising to 150% in year 15.

Purchase a co-ownership package with just £35,000 and receive up to £5,250 per year in rental income. After 15 years we will offer to resell your property for £52,500.

Contact Us

For more information on the superb opportunity that is The Corran Resort & Spa or to book your bespoke viewing trip to Laugharne, please enquire today.

Fractional Ownership

                             
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