Description:

Conveniently located between Paynes Bay to the north and Prospect to the south, this new build development will occupy an absolutely fantastic position on the West coast of Barbados in St James. This stylish real estate development comprises just 14 boutique, ocean-facing apartments for sale, split between 1, 2 & 3 bedroom layouts, all of which have been designed to give the feeling of spacious and luxurious living.
The apartments vary in size between 696 sq. ft. up to a generous 1,232 sq. ft.

Priced from US$245,000, they represent fantastic value for money and will provide an excellent rental return upon completion. Construction commences September 2015, with completion slated for October 2016.

Secure, gated entry and allocated parking ensure all essential ingredients for easy, relaxed holiday living—all just 60 seconds from the beach, and with a plethora of restaurants, shops and other amenities within easy reach.

The Investment:

The developer is offering a very attractive stage payment option for purchasers. Construction monies are paid upfront by the developer with money being requested from clients after stage completion, giving added security.

The development benefits from an offer from two established rental operators to run a rental pool upon completion. This will be an optional rental pool which will afford plenty of personal usage. Alternatively, new owners can opt to keep the unit for personal usage only, as freehold condominiums.

The West Coast of Barbados is presently one of the most popular holiday destinations in the world. This level of demand, every year has meant that those positioned correctly in the rental markets have been earning fantastic returns every year.

The development will be in the perfect position to capitalize on the huge demand this stunning stretch of coastline brings. With the excellent purchasing prices, yields will be strong.

Owners will benefit from fixed property management and maintenance fees in the first two years of ownership. A comprehensive schedule of communal provisions will be detailed ahead of project completion.