The age old belief that the South Coast of Barbados does not have any high end luxury properties for tourists and locals alike is one step closer to becoming a thing of the past.
This has come with the opening of the Condominiums at Palm Beach. The new upscale development, which was under construction since 2007, officially opened its doors on January 8, 2010. Prime Minister David Thompson, who was the featured speaker at the event, observed: “…what this project has succeeded in doing is to transplant upscale west coast lifestyle to another popular part of Barbados. Visitors to Barbados now have the best of both worlds in one location. This project is also a good illustration of the plans and sustainable development of Barbados.”
Traditionally the South Coast of the island has been known for its more mainstream type of properties and lower scaled hotels, while the west coast is renowned for its upscale luxury properties and hotels.
According to Nick Parravicino, the developer of the new condominiums, Palm Beach will have an extensive array of amenities, with beachfront views, fitness centre and night life and all the unique features of the south coast.
The property is set on over four acres of full beachfront property in Hastings, Christ Church between Coconut Court and Amaryllis Resort, with 59 residences, in 2 and 3 bedroom design. Each residence features en-suite bedrooms, spacious master suite, large outdoor terrace, open plan living room, dining area and utility room.
Prime Minister David Thompson highlighted his belief about what the new construction represents. He said, “Your faith, confidence and resilience have undoubtedly made a contribution to the stabilisation of the property market and prevention of a flight of capital away from Barbados.”
Additionally, he explained that the new property will represent not only a great achievement but will be a major departure for the real estate sector in Barbados.
