The Lakes Barbados

“A Great Place to Live”. This development is set in 180 acres of beautiful landscaped parkland on high ground overlooking the west coast of Barbados. The first phase of 177 properties has been released. This development has a retirement theme and offers Continuing Care Retirement Community (CCRC) facilities. They 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. The location looks stunning and is definitely going to peaceful, as long as they don’t build around you! Amenities will not be on site until phase 2, so be aware that if you buy in Phase 1 with the intention of moving in straight away, you may have to travel for all facilities.

If you are a property purchaser/investor the following applies:
Property is sold on a 99-year lease in the village to use as a holiday home, for rental purposes or as an investment, with the option to convert to CCRC at any time in the future. A selection of The Lakes Development facilities are shown below: 

Clubhouse
Wellness Centre
Swimming Pools
Tennis Courts – Phase 2
Shops Restaurants - Phase 2
Children’s Playground

For more info:
Tel: Freephone UK 0800 389 0084
Tel: Barbados +1 246 422 6639
Development Website: http://www.thelakescaribbean.com/