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Golf Property in Barbados

23rd June 2011

Golf Property Barbados

A = Weston Resort, B = Royal Westmoreland, C = Apes Hill, D = Sandy Lane

Property near to a golf course on the West coast of Barbados can be:

a) Far cheaper than you’d imagine,

b) A stones throw from the beach,

c) A great investment for years to come.

Weston Resort in St James Barbados is not only a great property investment but can provide an excellent getaway for the golfing enthusiast.

With 3 top class golf courses all within 6 kms of the properties, these will be a welcome sight for any holidaymaker looking for reasonably priced accommodation on the West Coast of Barbados, with easy links to the local golf course.

The three courses within close proximity to the properties are Royal Westmoreland (2 km), Apes Hill (6 km) and the Sandy Lane golf course (5 km). There are many more on the island though, for those willing to travel slightly further.

This is great news for us, for the simple reason that we have purchased on Weston Resort ourselves and are looking forward to playing once we get out there! Below I have highlighted a few of the reasons that led to us purchasing on the Weston Resort in St James, Barbados:

  • A fantastic location just 100m from the beachfront at Alleynes Bay,
  • The developers have achieved a very successful pre sale, leaving the development financially secure,
  • Prices that are far below anything comparable on this coast,
  • Attractive maintenance fees, far lower than any other developments on island,
  • An offer from a top hotel operator in Barbados to manage rentals,
  • Attractive payment plans that can be designed to suit the individual.

At present there are just 3 apartments remaining on the development all of which represent a great buy for investment and lifestyle purposes.

  • Block 3 apartment 2 – A *raised ground floor 4 bed apartment right by the pool and one of the closest apartments to the beach. $432,000
  • Block 6 apartment 2 – A *raised ground floor 1 bed apartment with sea views! This apartment is a large 1 bed with a partial sea view. $270,000
  • Block 7 apartment 6 – A first floor 2 bed apartment with full sea views. This apartment is an excellent opportunity for a couple or smaller family looking for excellent views of the Caribbean. $340,000

There is another reason I believe these apartments are a great purchase at the moment and it lies on the investment side.

As I see it, I believe the demographic for holidaymakers in Barbados may begin to see a change soon, with prime beachfront land on the west coast all but developed, I believe large price rises could be on the horizon in areas just in land. I also believe that the rental market may begin to look towards the self contained apartments in search for a lower cost holiday that gives more freedom to travel when on the island.

Completion is set for February 2012 and construction is progressing well see here. With 10%+ yields available at just a 38% occupancy rate and purchasing prices as far as 40% below nearby comparables I am personally excited for the future of this development.

Please click the link for more information on our excellent West Coast Barbados Properties

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