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What are the different price points of your residential units?Our residential unit sizes & pricing are as follows: a. Mermaid Beach Resort Existing Villas Room Type - Luxury Beach Villa - Approx. 2,000 sqft - BDT 2.9 crore onwards b.Mermaid Beach Resort Phase II Approx. 1,200 sqft - BDT 1.6 crore onwards
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As an owner of the residence can I stay in my residence as long as I wish?Yes you can, but we will not be able to generate revenues for your villa and provide you any income.
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When can I purchase one of your existing villas for sale?Right away.
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Who will manage & maintain my residence?Mermaid Eco Tourism Limited will manage & maintain your residence.
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What is the ROI I can expect from the investment?1. You will earn continuous revenue from your room due to the high occupancy & ADRs (Average Daily Rates) our brand commands 2. Secondly, your asset is yours. There will be appreciation of your asset over time. Cox's Bazar's overall development combined with your residence managed by Mermaid Eco Tourism Ltd, will also play a significant role to the overall value in the long-term.
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Is my purchase of the residence Freehold or Leasehold?Freehold. Your residence is yours to enjoy, forever.
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Do I have to pay the registration and relevant governement fees for legal ownership?Yes, you will have to pay for the fees. However we will organise and streamline the process of transferring ownership to your name.
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How much income can I expect to get from my residence?
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What are the payment terms to purchase a unit with Mermaid?Payment terms: One time full payment of the desired unit.
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If I want to learn more or talk to some one directly from Mermaid about purchase of my residence who I should speak to?You can contact Mermaid Private Residence desk at Mermaid Beach Resort, Or contact via email or phone directly with our Executive Director, Mr. Mafuz at: email: executivedirector@mermaidecotourism.com mobile: +8801841416477
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When do you expect to start the construction of the new 100 units?As per our plan, we will start the construction on the 1st of June 2022. Completion is expected by the 31st of December 2024.
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What is the process for me to buy a residence with Mermaid?Process is very simple: 1. You select a unit 2. Sign a contract and pay the full amount 3. Get the keys to your residence
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