Property Removed | St. Lucia | 1 Bedroom

DETAILS

PROJECT DESCRIPTION:

This PGA Golf & Marina Resort will be the first branded five star master-planned luxury resort community on St. Lucia. It will span 554 acres and encompasses luxury condominiums, signature golf home sites, villas, penthouses and marina-villas situated on pristine, lush and tropical terrain affording all owners access to first class services and amenities.

The Westin condo-hotel will be one of the main centerpieces at the resort. It will be a four-star property with 286 luxurious condo hotel residences.

The development is estimated at US $1 billion. It will be built in three phases ans will take roughly five to seven years to complete.





UNIT SIZES & PRICES: All condo hotel units will have balconies with ocean or beach front views.

Unit Type Unit Type


Interior Sq. Ft.Interior Sq. Ft.


Balcony Sq. Ft. Balcony Sq. Ft.


Approx. USD Approx. USD



1 bedroom, 1.5 bath


1,000


282


$515,000 - $650,000



2 bedroom, 2.5 bath


1,651


349


$870,000 - $995,000



3 bedroom, 3.5 bath


2,300


523


$1,200,000 - $1,400,000

UNITS RANGE IN SQ. FT. (Not including balconies): From 1,000 to 2,300

UNITS RANGE IN PRICE: From US $515,000 to US $1,400,000

BUILDINGS: 18

STORIES: 3 to 4

NUMBER OF UNITS: 126 in first release

RESIDENTIAL ESTATE HOMES: The Residential Estate Homes are situated around the Greg Norman Champion Golf Course at an elevation of 250-590 ft. above sea level with ocean, golf and bay views.

RESIDENTIAL HOME-SITE VALUES: From: US$385,000 to US$570,000

RESIDENTIAL HOME-SITE LOT SIZES: ½ Acre

BUILD GUIDELINES: Minimum build: 3,000 sq. ft. with a 20 x 10 ft. pool. Two (2) years to start build as at signing of PSA and two (2) years to complete. All permits and approvals all received with roads, utilities and services in by autumn 2008.

NUMBER OF LOTS: 43 in first release

BRAND: The condo hotel at the resort will carry the Westin Hotel & Resorts brand, which is owned by Starwood Hotels and Resorts Worldwide. Starwood is one of the leading hotel companies in the world with about 850 properties in more than 100 countries.

Westin has over 175 hotels in and resorts in 37 countries and territories. It has a large global distribution network with 25,000 agents with 325,000 reservations booked per day and 37 million loyalty members. It has been voted the number one upper-upscale hotel resort brand in the U.s. for the past three years in Business Travel News.

INTENDED STAR RATING: Four stars plus

CONSTRUCTION OF PHASE 1:

The resort will be built in three phases over the course of five to seven years. Actual completion time will be based on a variety of factors including the pace of sales and various construction challenges. 

Phase 1 construction, including the condo hotel and 200 signature golf home sites, began January 2007. Expected completion of phase 1 is Fall 2008.

Phase 2 construction, including a 125-bed, five-star plus hotel, and a 42-slip marina, will begin in September 2008. Expected completion of phase 2 is September 2010.

Phase 3 construction, including golf lodges and mountain villas, will begin in September 2010 and will be complete September 2012.

The architecture will be reminiscent of the island's colonial past with a mix of Anglo-French Caribbean tones. It will incorporate traditional elements like timbered balconies and verandahs, stylish ship-lap boarding, shingled roofs of native wood and gingerbread fret work. The exterior finishes are designed to harmonize with the natural surroundings.



• Five community pools

• World-class branded spa with 26 ocean side treatment rooms and sit 100 ft above sea level

• Golfing academy and 25,000 sq. ft. conference facilities including ballroom

• 15,000 sq ft branded spa

?? Kids Club

• Multiple restaurants including one speciality restaurant

• Entertainment lounges & bars

• Poolside snack bar

• Upscale boutique shops

• Resident’s beach club with an aquatic activities center Equest

• Helipad



• 24-hour concierge

• 24-hour doorman

• 24-hour valet

• 24-hour security

• 24-hour maid service

• Limousine service

• Full-service bus

• Personal assistant

 • Personal chef







• Income tax and withholding tax exemption on rental income earned

• Alien landholder's license fee waiver

• Income tax waived

Plus, Condo Hotel Center was able to negotiate the following special incentives exclusively for our buyers:

• Golf initiation membership fee waived

• Troon Advantage VIP card - discounts at other Troon golf courses

 • The combined value of all these incentives is over $100,000!

Payment Plan can be detailled below:-



$10,000 Reservation Amount

30% of the purchase price within 14 days (- $10,000 reservation) 

20% purchase price on completion of the foundations

25% purchase price due on commencement of roofings

25% of purchase price on completion

Via LTV mortgage of up to 70%



If you have any further questions or would like to reserve a unit, please contact us on 0161 727 1327 or send a request via email.

Knight Knox International