Le Paradise Beach Resort - St. Lucia, and Los Altos Residence Club - Dominican Republic are awesome fractional residence choices!!!
So, I am back on the road looking for more fractional ownership and real estate opportunities in the Caribbean. Two that
just showed up on the radar are Le Paradise Beach Resort in St. Lucia and the Los Altos Residence Club in the Dominican Republic. If you recall from past postings, St. Lucia was named as one of the “Top Five Places To See In Your Life Time” by O Magazine.
The Le Paradise Beach Resort is a ¼ fractional ownership condominium opportunity. WOW! They are creating a five-star luxury community on St. Lucia with a completion date of this $1 billion development in December 2008 for Phase One. It will also include a Greg Norman Signature Golf course, a yacht marina - which I obviously will love. In addition they are building an International shopping village, a gorgeous European spa and fitness center. Le Paradis Resort has miles of private beaches, great diving spots, plus sport fishing - all as part of this luxury community.
Each quarter-share fractional condo is a spacious 2-bedroom / 2-bath residence including a gourmet kitchen, designer interiors, plasma televisions, high speed internet, central security and life safety systems and Westin beds. The architecture will be reminiscent of the island’s colonial past with a mix of Anglo-French Caribbean tones. Those that are wise enough to purchase any of the condos in Phase One will also have their golf initiation membership cost waived, plus they will receive two years of golf dues paid. Amazingly, the St. Lucia government has issued a 10-year property tax waiver for this project’s Buyers!!! The developers are pulling out all the stops to entice you to check it out. The prices are yet to be published but full ownership of these luxury condos ranges from $450,000 to $1,300,000!
Los Altos Private Residence Club is a part of the Casa de Campo ocean front 7,000 acre, world class resort. Casa de Campo won the “#1 Family Friendly Resort In The Caribbean” from Travel & Leisure, and “#1 Golf Course In The Caribbean” from the same magazine. The residence club consists of 116 2-bedroom and 3-bedroom luxury condominiums. I discovered that it has already become the fastest selling Private Residence Club in the Dominican Republic! They have been open for business since December 2007! Don’t wait to check it out.
Los Altos Private Residence Club enjoys the amenities of this world class resort; beaches, sailing, golf, tennis, equestrian facilities, spa and massage facilities, poolside lounges, deep sea fishing, and much more! Each of the residences are decorated with an Asian-style influence with wood, stone, metal and water treatments. They have soaring 10 foot ceilings, and 20 foot vaulted ceilings in the penthouses, plus the oversized terraces with breathtaking views. These fractional condos start at around $200,000 for a 1/8 fractional ownership! So, these are the two latest discoveries I am bringing to you. For more information, email me or leave a comment. I will get back to you. Until next time…I continue to be on duty as I comb the Caribbean for the best real estate opportunities in Paradise.