Carmarthen Bay hotel is a successfully trading Tenby hotel which boasts a private pathway leading down to the beach, private function and conference rooms, a pool, a spa and first-class restaurant that serves up fresh produce. Due to its success, developers have purchased the adjacent building with the aim of increasing the hotel’s capacity to 75 rooms from 40. Developers are confident that demand for hotel accommodation in Tenby will be ongoing and hence the eagerness to expand. The confidence is also reflected in the 10% return for ten years the developer is guaranteeing.
Tenby is famed for its stretches of sandy beaches. It is also steeped in history including the medieval town walls, the ruins of Tenby Castle and the Five Arches Barbican Gatehouse. The rich history coupled with the fact that the Pembrokeshire Peninsula was voted as one of the best beaches in the world according to the National Geographic, must leave people in little doubt as to why Tenby is so popular with holiday makers.
• Prices start from £90,000• A 10% return is guaranteed for ten years
• Buy back option from year 5 at an elevated price
• Fully managed, hands-off investment
• Deferred payment offer at Carmarthen Bay
• Tenby is one of the most popular tourist destinations in Wales
Why choose a hotel investment in Wales?
The threat of a hard Brexit has caused the pound to plummet relative to other currencies. After Brexit, holidaymakers looking to travel to EU countries will have to pay a £6 fee to buy the relevant documentation to gain access to countries within the EU. Coupled with the concern that once Britain leaves the EU, UK citizens will no longer have access to free healthcare has meant that holidaymakers are more likely to consider “staycations”.
Tenby is one of the most popular tourist destinations in Wales, due to its coastline, wealth of history and architectural brilliance. Part of the wall that used to surround the town still stands and has proven to be a point of interest to many visitors.
Tourism to south Wales and Pembrokeshire specifically has been on the steady increase. In 2011 National Geographic Traveller magazine voted the Pembrokeshire coastline as the second best in the world so it is no surprise tourists are keen to visit the county. Hotel occupancy stands at the highest rate of all, at 68% in 2017 – up from the previous year.
Enquire today and speak to one of our investment consultants to understand why good occupancy levels can lead to a fruitful investment.
10% Net Rental