One of Barbados’ newest west coast developments has revealed it has been receiving good responses and opening for the property is slated for April 2010.

This the latest report from the multi-million dollar St. Peter’s Bay which sits on the island’s picturesque platinum coast.

With sales only starting in January 2010, when the project was nearing completion, the sales office for the luxury development says that interest for the property has been high and responses have been good.

But a surprising finding of the luxury development is that the Canadian market has been bringing the majority of its interests. Meanwhile the UK market has been more cautious and appears to waiting to see its currency rise in value once again before placing reservations.

Additionally it was stated that other European markets also appear to be a place that could bring increased interest.

The community has been touted as one of the next best projects to hit the island’s west coast which has attracted major jetsetters from across the globe.

Nestled on 4 acres of land on the coast of the island, Saint Peter’s Bay offers 57 private beachfront residences. Located in area that has easy access to shopping, restaurants and entertainment the development appears tipped to bring added interest to Barbados.

A dazzling beachfront, high-end finishes and  luxury furnishings with panoramic views of the Caribbean Sea, the community is seemingly well positioned to garner major investment interests.

The sales office has reported that they have at least 50 sets of people onsite  to visit the property since sales began. Residences at Saint.Peter’s Bay have a start price of US $2.3 million with 2,500 square feet.

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One of Barbados’ leading hotel companies, the Elegant Hotels Group will be upgrading its 5 properties to the tune of $20 million in 2010.

Howard Friedman, chief executive officer (CEO) of Elegant Hotels Group, Barbados, explained that the project includes new programmes and property renovations across all five of the Group’s hotels ­ Tamarind Cove, Colony Club, The House, Turtle Beach and Crystal Cove.

“The first and major renovations will start at Tamarind Cove on July 1 and will run for four months during which the property will be closed. The November 1 re-opening will see fully renovated and modernized guestrooms, the addition of an intimate spa and relaxation space and two completely redesigned and re-imagined restaurants, including beachfront deck dining.

“When combined with the adjacent Zagat-rated Daphne’s Restaurant and the stylish boutique hotel – The House, Tamarind Cove will be nothing less than the birth of a new Barbados destination, which is sure to be a welcome jolt of energy and style for this stretch of Barbados’ platinum West Coast,” Freidman explained.

He noted that guests booked at Tamarind Cove during the renovation period will be accommodated at the Group’s other properties: “Work at these properties will be done without any disruption to guests and will include updates to all rooms and selected public areas at our two popular all inclusive resorts, Crystal Cove and Turtle Beach, which are scheduled to be largely completed by Christmas 2010.

“Changes will include a complete upgrade to contemporary and stylish new furniture and soft goods, installation of additional flat screen LCD televisions, IPod and MP3 stations, laptop compatible safes and other improvements.”

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One of the largest property developments set for Barbados west coast, will be starting construction in Spring 2010 and interest for the development has been high.

This is the word from the sales office of the highly anticipated Beachlands development on the exclusive west coast of Barbados.

Construction of the four and a half acre property is scheduled to be completed in 2013 and it will bring a mixture of colonial architecture and ultra- modern finishes and amenities.

The units of this exciting project have been described as some of the largest in terms of floor space on west coast. Meanwhile prices for the units range from US $2 million to US $10 million with 2 and 5 bedrooms on offer.

Every unit will have the benefit of direct oceanfront views and the luxury of private spa pools. One of the most unique features of the exciting property which is expected to set it apart from other luxury properties on the west coast, is that the property will come with hotel services available for guests and owners.

According to the sales office major interest has been generating particularly over the 2009-2010 winter season. In fact it was explained that most of Beachlands clients have been from the UK and other European markets, who know and love Barbados.

It was added, that they also have clients from the Caribbean region and even some local clients who are very interested in purchasing with Beachlands. Canada has also been a major market for the west coast property.

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