Barbados has some of the best beachesin the Caribbean

The Lakes Barbados Ownership Options

The Lakes offer residents two alternatives for the ownership of property on a leasehold basis within the village. This allows us to cater for a wide variety of purchasers whilst retaining the atmosphere and nature of a Lakes village throughout.

The two types can be categorised as follows:

Continuing Care Retirement Community (CCRC) Purchaser –
The retiree who is looking for peace of mind. We operate on the basis of a CCRC and sell homes within the village to purchasers 55 and over, through a lifetime leasehold agreement. These purchasers accept that they will share a proportion of the future property appreciation in return for The Lakes securing their long-term health care costs, property maintenance, and subsidised monthly community fee.

Property Purchaser –
A purchaser who would like to own a property on a 99-year lease in the village to use as their holiday home, for rental purposes or as an investment, with the option to convert to CCRC at any time in the future.

Action Now –
We shall be releasing properties in stages and are taking off plan reservations for this first Phase of 177 properties to be built. The Reservation Fee required is US$10,000.00. Followed by four 20% stage payments during construction, 15% on practical completion, 5% on rectifying snags. (The Reservation Fee is deducted from the first deposit).

The Lakes offer residents two alternatives for the ownership of property on a leasehold basis within the village. This allows us to cater for a wide variety of purchasers whilst retaining the atmosphere and nature of a Lakes village throughout.

   Helping You All the way