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1 Bed Individual Flat/Apartment for Sale in Barbados

Home » Property For Sale » Barbados » Barbados » 1 Bed Individual Flat/Apartment

Property ID: 344452

Individual Flat/Apartment

Price : £182,066

The Lakes - 1/2 Bed Apartments

Full Description

The Lakes will be a great place to live. Set in 180 acres of beautiful landscaped parkland on high ground overlooking the west coast of Barbados, the property prices are at least 40% less expensive than on the west coast. The Lakes is a community and will have its own events and take an active part in the activities that Barbados has to offer from Polo to Rally Car Driving. The Lakes is a consortium of developers, including members who have over 20 years experience in developing and operating retirement villages in South Africa. The Lakes village is situated on the high ground above Mile and a Quarter, in the Parish of St Peter. The Lakes are offering a variety of detached 1, 2 and 3 bedroom villas as well as spacious 1 and 2 bedroom open-plan apartments. The village is set in beautifully landscaped gardens, on the ridge with a panoramic view of the west coast from Holetown to Port St Charles and beyond. The development of the 180 acres plot of land is split into three phases. It includes a village hall, three club houses, several lakes, open parkland, communal barbecues and gazebos, swimming pools, tennis courts, a Wellness Centre, the Lakes Centre with restaurant, shops and the Health Care Centre with in-house nursing care facilities. Phase 1 construction has commenced and off plan purchasing has already begun. The first properties will be available in 2006. The Lakes will be releasing properties in stages and are taking off plan deposits for this first Phase of 176 properties to be built. A Reservation Fee is required, an amount of 8,236.00 (US$10,000.00). Followed by four 20% stage payments during construction, 15% on practical completion, and 5% on rectifying snags. (The Reservation Fee is deducted from the first deposit).

 

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