28 October 2009
The Crane in Barbados has announced that it will be releasing 30 new apartments on the island to the market at the end of the year. This will mark the end of the development of the multimillion pound renovation project at The Crane.
The Crane Resort & Residences resort community, otherwise known as The Crane, is located on Crane Beach, south east of Barbados.
The Crane offers an alternative to the West Coast, where properties are generally more expensive, and would suit those people looking for a quieter location with strong investment potential, according to the developer behind the scheme.
Known for its unique cliff-top setting, The Crane, once part of a private mansion built in 1790 incorporates the oldest operating hotel in the Caribbean and is steeped in Barbadian history.
The Crane provides a great opportunity to invest within its Private Residence development, with very flexible options for buyers. Part and full time ownership is available as is a rental pool to both full and part owners. A selection of one, two and three bedroom apartments are currently on sale.
The price of a home in The Crane, on a full ownership basis, ranges from $545,000 (£335,000) for a one bedroom park residence to $2.8m (£170,000) for a three bed penthouse with four bathrooms and rooftop terrace with ocean views.
Fractional ownership is available range from $12,000 (£7,000) to $100,000 (£60,000) per week depending on size of unit and season.
See Also: Marc Da-Silva (269), Barbados (7), Caribbean (4), The Crane (1)
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