Caribbean MLSReal Estate

One-Bedroom 5435, The Crane Private Residences, Barbados

Available on request

At The Crane Resort & Residences

Type
Apartment
Land
Available on request
Year built
Available on request
The brief

The reason to consider it.

Residence 5435 is a one-bedroom, one-bathroom home of 705 square feet in Phase 4 at The Crane Private Residences — the fourth and final phase of a five-building community set inside the 40-acre Crane Resort on the Atlantic coast of St Philip. It has a quartz-countertop kitchen, a private balcony with ocean views, and the private lift access from the underground garage that runs directly to each residence’s foyer.

Phase 4 released for pre-construction sale in July 2024 and is scheduled to open in 2027. The residence is sold off-plan on a staged schedule tied to construction milestones, and includes appliances only — furniture is a separate purchase from the developer’s packages or your own. Worth knowing that this is not the entry point to the phase: other Phase 4 one-bedrooms have been released at lower prices, and studios start considerably below this.

Ownership is a Right to Use held in trust by First National Trustee Company in the Isle of Man to the year 3000 rather than a Barbados freehold, which is an interest in a foreign trust for a US buyer and worth advice before exchange. Community and Residence Fees apply and are not published by the developer. Barbados operates no citizenship-by-investment program, so this is a residency and lifestyle purchase. Pets are not permitted on the estate.

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law