Coral Beach Apartments
The Coral Beach Apartments are an excellent option for you if it’s all about location. They are situated on Barbados’ Platinum West Coast in a prime position across the road from the beach, and within walking distance to historic Speightstown and stunning Mullins Beach.
Significant consideration has been given to the development’s flow, layout and surroundings to make the most of its location and panoramic sunset views. The location has excellent potential for short-term rental, covering monthly fees and giving owners a great return on investment. A four per cent cash return projected on rental Construction began in February 2022 and is scheduled for completion by April 2023.
Whole Ownership Apartments
The gated Coral Beach development offers twenty-one fully air-conditioned apartments and will feature high-quality finishes, fixtures, and appliances. There is also a community swimming pool and deck, poolside WiFi, BBQ console, 24-hour security surveillance and car parking. Across the road, there is designated beach access.
The two-bedroom, two-bathroom apartments are exceptionally well-priced and finished to a high standard and with a furniture pack developed by Archer’s Design. There are two styles of apartment to choose from.
Bjorn Bjerkhamn has developed the apartments. He has unparalleled experience, knowledge and expertise as the developer or contractor responsible for multiple award-winning, tourism-related projects. Construction began in February 2022 and is scheduled for completion by April 2023.
Let us introduce you to stylish and contemporary properties on the best resort communities on Barbados available for private sale.
Register with Residence Barbados today!
Complete the form to register with us today and benefit from the relationships we have created with residential resorts, communities and agencies on the island. By using our expertise, we can help you secure a vacation home that meets your specific requirements and budget.
Stepping Stone Program
Not ready to take the plunge into your dream home immediately? We have a range of Stepping Stone options that are perfect for those who do not want to make the jump into ownership in one go.
If you have any questions about buying a holiday home or looking at the various ownership options available through our Stepping Stone program, then register your interest today. We will contact you back to understand your specific property requirements.
Why own a property at Royal Westmoreland?
As the largest and most established golf community in Barbados, you might think Royal Westmoreland could be too large, expensive, and oversubscribed. However, that couldn’t be further from the truth.
With over 800 acres covering the estates of Westmoreland and Lancaster, the Royal Westmoreland Master Plan has been sympathetically developed and released over time. At the heart of the development is the 18-hole golf course. Always beautifully maintained, the course inspires players to enjoy the fantastic view and indigenous flora. Royal Palms, Baobab and Flamboyant trees frame the immaculately manicured fairways and greens.
For over 25 years, the “Proven, not Promised” statement has delivered and is still providing for those clients looking to buy or build their dream home in Barbados.
The location is important. The resort community is on the west coast of Barbados, close to Holetown and the restaurants and bars everyone frequents.In addition, the community is uniquely positioned so most homes enjoy stunning views and sunsets without being too high in the clouds or far from the beach.
The ownership and management structure at Royal Westmoreland provides complete transparency with an independent homeowners association. This is an essential benefit for owners. There is no conflict of interest between what is required for homeowners and what is required for the developer.
The Master Plan has 25 low-density neighbourhoods, most fully matured and sold out. If you would like to live in one of these communities, you must look for existing owners wishing to sell.
Ownership options at Royal Westmoreland:
The developer offers three ownership options to suit purchasers with different budgets and requirements.
Barbados has the enviable reputation of hosting tourists who choose to visit the island year after year. Unfortunately, renting a property each time can be expensive, and buying a second home may be financially out of reach.
Royal Westmoreland created their fractional ownership product to satisfy both. Those who simply want to enjoy two to four weeks of vacation yearly but don’t want to rent. And those looking to buy a second home eventually but who are not quite ready to do so.
Fractional ownership is often used as a stepping-stone to a complete property purchase. For example, a mechanism at Royal Westmorland puts any payments made on fractional products towards a whole ownership property with the developer.
Luxury is standard in the fully furnished fractional accommodation, which ranges in size from a one-bedroom apartment to a detached four-bedroom villa with a private garden and pool.
Royal Westmoreland’s property experts manage all fractional properties. Each year, the owner pays an annual fee, covering club membership, property maintenance, replacement of aged furniture and equipment, landscaping and access to all facilities, including unlimited golf for the owners and their children.
These properties have been built by the developer or are currently under construction. At Royal Westmoreland, these range from a one-bedroom apartment priced as low as GBP 322,000 to a six-bedroom detached villa, listed at GBP 9,990,000.
The prices for these properties reflect the age of the accommodation, location on the estate, interior finishes, and demand. There is something for everyone in style, size, and price.
Depending on the construction stage of a home, you can become involved in the styling and the finishes and take advantage of staged payments until completion.
Royal Westmoreland does not manage or rent homes unless it is part of a pre-sale agreement. Therefore, the new owners must either manage the property themselves or appoint a management company to undertake this activity.
If the owner is looking to rent their property, we suggest you appoint a company that offers both services (management and rental). Again, Residence Barbados can assist with this.
Land and Build Opportunities:
In keeping with the community’s Master Plan, a limited number of building lots are available for sale at Royal Westmoreland.
If you have always wanted to build your dream home, then this is an opportunity you should consider:
- The developer sells land and build packages.
- You choose the location on the estate and select from a range of architecturally designed and approved homes.
- You and the developer bring this dream to life.
The Royal Westmoreland statement “Proven, not Promised” is appropriate when they are building a home for you – and that is why we love Royal Westmoreland. The team’s dedication to delivering your luxury dream home on time and on budget is relentless. Each phase of construction coincides with staged payments, and you are kept informed each step of the way.
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