We look at a choice of properties in this island paradise.
Building work is progressing to such an extent at The Landings on Rodney Bay, St Lucia, that key construction milestones are expected to be ahead of schedule. The foundations for the 66 residences in phase one of the development, using some 2,000 cubic yards of concrete, have been completed on time, with the buildings in this first phase predicted to be one month ahead.
The winning combination of sound project management, an experienced and able on-site team and excellent design planning have been contributing factors in the successful development of The Landings. With its private harbour and west facing beach, it will become a tranquil place of paradise on one of the world’s most beautiful islands.
Frank Heaps, CEO of The Landings, says, ‘We are extremely pleased to see how well this development is going and to see the structure coming together. We are well on course for the second stage to begin in November, with the full project complete by the summer of 2010. The first phase apartments will be ready for occupation early next year, in time for the opening matches of the 2007 Cricket World Cup at the nearby Beausejour Stadium.’
The five-star homes at The Landings are selling fast. Just two of the 24 residences in the first two Beach Blocks remain unsold, while 21 of the 42 apartments in the first Harbour Blocks have already been sold.
Visit thelandingsstlucia.com for more information.
Meanwhile, at Marigot Bay, the US$45 million marina resort and luxury apartment hotel currently under construction on the West Coast of St Lucia, developer Doubloon International Ltd has signed a ten-year contract to manage and operate the property.
GLA Hotels specialises in luxury independent hotels worldwide, including the Cotton House in Mustique, the Bairro Alto in Lisbon, the Royal Riviera in St Jean Cap Ferrat and the Lancaster and Bel-Ami in Paris.
‘Today’s news will be welcomed by investors - most of them British - who have bought 47 of the 57 apartments at Discovery,’ says Mike Coyle of UK-based Premier Resorts Ltd, who are marketing the properties in the UK.
The one-, two- and three-bedroom apartments together will convert into 124 hotel rooms and suites, providing owners with a 50 per cent share of the net profit from room lettings achieved by GLA Hotels.
Set in lush tropical gardens, each apartment overlooks Marigot Bay. Features include air-conditioned bedrooms, ceiling fans, tropical hardwood floors, natural tiles and state-of-the-art designer appliances. WiFi Internet access, flat screen televisions and a Bose music system are included.
As construction of the apartments proceeds on schedule for completion this summer, work is also continuing on the adjacent Marina Village which will serve Discovery hotel guests as well as the crews of yachts visiting the harbour, extended by Doubloon with new berthing and servicing facilities for up to 60 yachts.
The Marina Village, a focal point of the Marigot Bay project, will contain a supermarket, bank & cash machine, car hire facility and a French bakery. Boutiques and gift shops will include a jeweller and an art gallery as well as shops selling beachwear and casual wear, sunglasses and books.
Currently the prices of the buy-to-let apartments still available for sale at Discovery start at US$595,000 (£341,526) for a two bedroom, fully furnished luxury apartment. For details contact Premier Resorts on telephone 0800 0835561.