ROYAL WESTMORELAND, BARBADOS, ANNOUNCES NEW SALES PROMOTIONS FOR 2014
New guaranteed rental program and buy now, upgrade later incentive
ST. JAMES, BARBADOS –27th February 2014: Royal Westmoreland, the most exclusive villa community and golf, beach and spa resort located on the prestigious west coast of Barbados, announces three new sales promotions for 2014. For a limited time only, buyers looking to purchase this year from Royal Westmoreland’s portfolio of luxurious residences can take advantage of three new incentives – a guaranteed rental program, trade-in program and golf-buggy with purchase.
Royal Westmoreland has introduced a guaranteed rental program for new owners who wish to reside part-time, removing the hassle of renting independently while covering running costs. Six weeks in the winter, including Christmas and Easter, plus two weeks in the summer are given over to Royal Westmoreland for rental control. In exchange, Royal Westmoreland will cover the following costs to new homeowners for two years: social club membership, Property Owners Association, block/neighbourhood charge as applicable, land tax, and housekeeping and electrical while Royal Westmoreland is in rental control of the residence. The club initiation fee is also waived.
Royal Westmoreland’s new trade-in program is perfect for young couples and families looking to purchase their first Caribbean home. For up to five years from the purchase of an apartment or townhouse in 2014, the estate will guarantee the trade-in value as the cash paid on initial purchase – plus an additional 10% – against the purchase of a bespoke, custom-build home from Royal Westmoreland.
As a value-added incentive, buyers who purchase a Royal Apartment in 2014 will receive a complimentary golf buggy with purchase.
"Now is the time to buy in Barbados as the property market is buoyant and prices have stabilised,” says Kim Goddard, Director of Sales at Royal Westmoreland. "Royal Westmoreland is unique in that we are the most well-established community on the island, and the only completely gated community. We provide homeowners with an unrivalled level of privacy and security, two main drivers behind our buyers purchase decisions.”
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About Royal Westmoreland:
Royal Westmoreland is an exclusive golf, beach and spa estate located in St. James on the prestigious west coast of Barbados. Royal Westmoreland’s unique range of private villas, townhouses and apartments are available both for home ownership and holiday rentals. Bespoke, off-plan custom build homes provide buyers the opportunity to design and build their ideal holiday home. Five-star amenities include the championship golf course and pro shop, beach club, three diverse restaurants, children’s facilities, tennis courts and spa. Developed in 1994, the estate was purchased in 2004 by UK-based Pure Leisure Group, turning it into one of the most prestigious, well-managed properties in the world. For further information visit www.royalwestmoreland.com
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