Premium New development

2 Bed Apartment for sale

Bridgetown, St Michael, Barbados

£378,507 *  [$479,000]

2 Bed Apartment for sale

Bridgetown, St Michael, Barbados

£378,507 *  [$479,000]

Property Details


  • Bedrooms: 2
  • Bathrooms: 2
  • Habitable space: 1159 m2

Features


  • Sea Views

Full Description


Financing Now Available

Only 3 Units left!

We are happy to let you know that you can now purchase your unit at Alora with only 30% deposit and the balance financed!

Delivering early 2025 | Construction is underway | Reserve now

30% Deposit at Contract | Followed by Staged Payments

The ground floor is complete and the top floor well underway (September 2024)

Whether you’re in search of a full-time residence, a vacation home, or an investment opportunity with income potential, Alora effortlessly ticks all the boxes..

* Luxury residences steps away from Thunder Bay on the iconic West Coast
* Two-bedroom floor plans ranging from 1145 to 1396 sq ft
* Lush tropical gardens surround the complex to provide complete serenity
* Short distance to Holetown and Speightstown Amenities
* High potential for generating rental income
* Pet Friendly

Rooftop Amenities: Ultimate outdoor living with roof deck, lounge area, bar, barbecue station and sky pool with sea views

Each apartment comes equipped with essential kitchen appliances and a washer & dryer for added convenience. The bedrooms are air-conditioned, and residents have the option to extend this feature to additional rooms for personalized comfort.

Short Term Vacation Rental Opportunites

The global short-term vacation rental market is projected to reach US$99.45.bn in 2024 and grow by 2.69% in the next three years, resulting in a market volume of US$107.7 billion by 2027.

In Barbados, these online channels, such as Airbnb, here,etc. have allowed homeowners the opportunity to market, and successfully sell accommodation within their villas, townhouses, or condos, to the island’s thriving tourism sector.

Contact us for more Information and Financials

Estimated Annual Running Cost US$
PUP Fees $8,811
Home Owners Cost $6,180
Annual Total $14,991

Estimated Annual Profit From Rental US$:54,112
Estimated Annual Net Return US$:39,121

One significant value to a second homeowner who is personally seeking to vacation or partially reside in Barbados, is the number of free days available for the owner or their guest to occupy their home, free of cost.

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Location

Strategically situated midway between Holetown and Speightstown, the two main towns on the west coast, Alora offers easy access to the area’s vibrant attractions. Alora’s gated community ensures security and privacy, providing dedicated parking for each apartment.

Additionally, the development is just a short stroll away from one of the most beautiful beaches on the island, making it an ideal location for both rental investment and personal tropical getaways.

Alora presents a unique opportunity to embrace the luxurious Barbadian lifestyle on the exclusive West Coast. With its modern design, premium amenities, and unbeatable location, Alora is the epitome of contemporary island living – a true gem for buyers seeking the ultimate tropical retreat.

Read the latest Alora Barbados News

For viewings, more information or to secure this property, please contact us

* Property ID: 48019
* Price: Start From USD$479,000
* Property Size: 1159 Sq Ft
* Bedrooms: 2
* Bathrooms: 2
* Property Status: FOR SALE

* Property ID: 48019
* Price: Start From USD$479,000
* Property Size: 1159 Sq Ft
* Bedrooms: 2
* Bathrooms: 2
* Property Status: FOR SALE
Read more

Map may not show exact location

This property listing (ref: 19075-hz-48019) is an advertisement supplied by NVEST Estates Global and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8333 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.