The Condominiums at Palm Beach
Welcome home to a lifestyle like no other - The Condominiums at Palm Beach (The Condominiums). An elegant combination of style and design complimented by an extensive array of amenities are the theme of these new residences. A residence that places you in the heart of one of the most exciting new developments in Barbados.
The Condominiums offers beachfront views, swimming pools, a fitness center, shopping, dining, nightlife, and all of the unique features of the south coast of Barbados.
Set on over four acres of beachfront property in Hastings, Christ Church, next-door to the Amaryllis Resort; The Condominiums comprises fifty nine residences in two and three bedrooms designs. Each residence features en suite bedrooms, spacious master suite, large outdoor terrace, open-plan living and dining area, kitchen and utility room.
The Condominiums have everything to offer including a waterfront lifestyle, high quality homes, and the privacy and tranquility afforded by its unique location off of the main thoroughfare of the South Coast.
The Features
In each condominium residence:
- Ceiling fans throughout
- Porcelain floor tiles throughout - (18" x 18")
- Air-conditioning in each bedroom
- Granite countertops in the bathrooms
- Scavolini (or similar) kitchens with granite countertops
- Complete appliance package with refrigerator/freezer, oven, countertop range, washer/dryer and dishwasher
In the common areas:
- Automated entrance gates with security booth
- Swimming pool and pool deck
- Elevators in each residential block
- A parking spot allocated for each residence with many additional guest parking spots
- Landscaped public areas with external lighting
- Fitness Centre*
- Management Office*
- Separate storage area with lockers*
- Roof deck Restaurant*
- Retail Stores*
View Large Side Entry 2 Bedroom Floor Plan View Large Side Entry 3 Bedroom Floor Plan
(Please be patient for download to complete)
Rental Projections
Due to its excellent location, The Condominiums at Palm Beach is perfect for both long and short-term rentals. Historically, beachfront rental properties have been very popular with the offshore/expatriate clientele on a long-term basis and it is expected that this high demand will continue.
Based on a rental analysis of comparable properties on the South Coast, it is suggested that The Condominiums at Palm Beach can achieve the following rental rates:
Long-Term:
2 Bedroom unit between US$3,250 to US$3,750/month fully furnished
3 Bedroom unit between US$4,000 to US$4,500/month fully furnished
Short-Term:
2 Bedroom unit - US$250/night in summer and US$350/night in winter
3 Bedroom unit - US$375/night in summer and US$475/night in winter
Reservation Procedure
A prospective purchaser may elect to reserve the unit of their choice subject to availability. The procedure for reserving a unit entails the signing of a reservation agreement and payment of a US$10,000 refundable deposit. Thereafter, purchasers will be required to sign a subscription agreement and make payments in accordance with the payment schedule contained therein.
Monthly Levy
As is common with this type of development, purchasers will be required to pay a monthly fee in respect of the common services provided within the development. Common services will include management of the common property, security, insurance of the buildings, landscaping maintenance, pool maintenance, elevator and general building maintenance. The monthly levy will be cost driven and is calculated on a square footage basis. It is expected to be approximately US$600/month for a two-bedroom unit and US$750/month for a three-bedroom unit.
View Large Revised Site Plan(Please be patient for download to complete)
Materials and Finishes
| Substructure | Piling Foundations - Reinforced concrete capping beams with approximately 1m. of fill at ground floor level, and similarly filled to the central pool area to raise the site in accordance with the Engineer's directions to avoid flooding in normal sea surges |
| Structure | Reinforced concrete and reinforced block work walls, insitu ground floor and roof slab in reinforced concrete, intermediate floors to be in pre-stressed concrete. Access ways to be in a steel work vertical structure with external aluminum/bitumen sandwich covering. Walkway slabs to be in pre-cast concrete. |
| Roof | Reinforced concrete slab with waterproof finish, faade in hardwood timber framework covered in Maxishake cement fiber (or equal) tiles (Services, particularly solar heaters and air conditioning condensers, to be included at roof level and ground level). |
| Walls | Internal walls rendered and slicked, external walls to be rendered and finished in trowel plastic. Selected porcelain tiles to bathrooms as shown on construction drawings. |
| Floors | Porcelain tiles to all floors with tiled internal skirting. |
| Ceilings | Painted slicked gypsum with tray ceiling to living/dining rooms, hallways and master bedroom. |
| Doors | Entry door cedar paneled door with top-hung light over to allow ventilation and light into hallways. Internal doors generally to be painted paneled door in cedar frames. Terrace doors (from living room and main bedroom) to be clear laminated glazed doors in 4' x 2" cedar frame and top and bottom rails. |
| Windows | Main windows to verandah in laminated glass in sliding aluminum frame in cedar sub-frame. Windows to bedrooms 1 and 2 at the rear will be in laminated glass, external layer to be one way (reflective) glazing, sliding doors in aluminum frame type. Rear bathroom windows etc. to be in top-hung laminated glazing, external layer to be frosted finish, top-hung, open out, aluminum frame. |
| Hardware | Kohler or equal, polished anodized aluminum throughout. |
| Kitchen Cabinets, Counters and Sinks | Scavolini (or similar) fittings, granite countertops, final details to be specified by the contractor. |
| Bathrooms | White Kohler (or equal) sanitary ware with S.A.A. hardware and accessories, towel rails, rings, soap holders, etc. |
| Closets and Storage | Stores as noted above, pre-arranged double-hanging and single-hanging with shelf units from supplier to be nominated later. |
| Internal Lighting | Generally either Halogen or compact fluorescent down-lighters, cut into tray ceiling, specialist lighting for kitchen and bathroom to be specified later which may include hidden fluorescent tubing. |
| Balustrade | Toughened structural glass with stainless steel bars. Similar system to some sections of the walkways with 4" rendered block work to the remainder. Subject to change as contractor is currently sourcing materials. |
| Hot Water | Solar heating with electrical booster units. |
| Air Conditioning | Split system units to all bedrooms; Provision for installation of a split system in living/dining room. |
| Ceiling Fans | Ceiling fans to bedroom living and dining areas, kitchen and verandah. |
| Swimming Pool | Glass mosaic tiles at waterline and diamond bright plaster below. |
| Jacuzzi (Optional Upgrade) | Jacuzzi Express Whirlpool bath, or similar; provision made for incoming mains and outgoing drains. |
| Electrical | All electrical works to the approval of Government Electrical Inspector; Hidden conduits either in concrete screeds to floors, or above the gypsum ceilings, or vertically through ducts in conduits; Incoming services to be underground with meter panel rooms adjacent to the ground floor lift towers (all units individually metered). |
| Water Supply | Main water supply individually metered. Small potable water storage in central block in case of emergency. |
| Communication Outlet Points | Vertical ductwork providing multiple telephone and IT/Television points in bedrooms, kitchen, living and dining areas. |