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Investing in Paradise: The Road Less Travelled

Investing In Paradise: The Road Less Travelled

10.12.19

Barbados has always beckoned to the overseas property investor with its dependable offering of solid infrastructure, socio-economic stability and of course, year-round beautiful weather. While interest has been historically in the many homes and investment properties to be found on the island’s famed West Coast, it is the island’s lesser-known East Coast that represents the next frontier for astute property investors.

Overlooking Barbados’ Skeete’s Bay Beach and Culpepper Island, Beach Houses by Crane Resorts is a secluded, low density and eco-friendly development that was purposefully designed to accentuate its exclusive location on the 1% of the East Coast that remains outside of the island’s National Park.

Terraced across a gently sloping 50-acre hillside, Beach Houses will comprise of 63 free-standing oceanfront villas on completion. Each one-, two-, three- and four-bedroom villa sits on ⅕ acre of land and features floor-to-ceiling glass windows for spectacular ocean views, infinity-edge private pools, expansive outdoor patio decks offering “no tan-lines” levels of privacy, relaxing hammocks, BBQ grills, lush tropical landscaping and built-in owner’s storage. Providing laid-back luxury for a privileged few, this intimate community of residents will also enjoy secluded Skeete's Bay Beach, a restaurant and bar, a full-service spa, fitness centre, lap pool and convenience store.

Opening this winter, Beach Houses Phase 1 is well subscribed with only four lots, including an exceptional 4-bedroom villa, remaining available for residential ownership. At current pre-construction pricing, on Barbados’ protected East Coast, Beach Houses is primed for investment with capital appreciation expected to occur over time.

But, beyond capital appreciation, Beach Houses offers astute property investors exceptional vacation rental investment potential with the flexibility to enjoy rental returns without relinquishing personal use. This is achieved through a lock-off floor plan configuration wherein an adjoining villa can be locked off from the rest of the residence. For example, a typical three-bedroom villa can be purchased as two adjoining villas: a one-bedroom standard villa and a two-bedroom villa, separate and distinct villas that can be combined or locked off as needed.

Villa owners can enjoy unfettered access to their second home in paradise while being free to rent out the adjoining unit for additional income. This offering is made even more attractive with the option for owners’ to rent privately or participate in developer, Crane Resorts’ full rental management programme. Beach Houses’ naturally breathtaking location combined with Crane Resorts’ decades of experience in short-term rentals presents an extremely enticing investment proposition for rental returns.

Pre-construction prices now range from US$595,000 - US$2.9 million and your villa can be secured with staged payments ranging from an initial Reservation Deposit to key construction milestones such as Foundation, Watertight, Structure, and Practical Completion. For more information, visit beachhouses.bb; email property@craneresorts.com or call +1 246 416 6560.

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