Unit 1 – Fully Furnished & Rental Ready: USD$579,000 Unit 4 – Fully Furnished & Rental Ready: USD$579,000 Financing Available – We are happy to let you know that you can purchase your unit at Alora with only 30% deposit and the balance financed!
Delivering early 2025| Construction is underway | Reserve now
Whether you’re in search of a full-time residence, a vacation home, or an investment opportunity with income potential, Alora effortlessly ticks all the boxes..
Luxury residences steps away from Thunder Bay on the iconic West Coast
Two-bedroom floor plans ranging from 1145 to 1396 sq ft
Lush tropical gardens surround the complex to provide complete serenity
Short distance to Holetown and Speightstown Amenities
High potential for generating rental income
Pet Friendly
Rooftop Amenities: Ultimate outdoor living with roof deck, lounge area, bar, barbecue station and sky pool with sea views
Each apartment comes equipped with essential kitchen appliances and a washer & dryer for added convenience. The bedrooms are air-conditioned, and residents have the option to extend this feature to additional rooms for personalized comfort.
Short Term Vacation Rental Opportunites
The global short-term vacation rental market is projected to reach US$99.45.bn in 2024 and grow by 2.69% in the next three years, resulting in a market volume of US$107.7 billion by 2027.
In Barbados, these online channels, such as Airbnb, Booking.com,etc. have allowed homeowners the opportunity to market, and successfully sell accommodation within their villas, townhouses, or condos, to the island’s thriving tourism sector.
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Estimated Annual Running Cost US$ PUP Fees $8,811 Home Owners Cost $6,180 Annual Total $14,991
Estimated Annual Profit From Rental US$:54,112 Estimated Annual Net Return US$:39,121
One significant value to a second homeowner who is personally seeking to vacation or partially reside in Barbados, is the number of free days available for the owner or their guest to occupy their home, free of cost.
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Location
Strategically situated midway between Holetown and Speightstown, the two main towns on the west coast, Alora offers easy access to the area’s vibrant attractions. Alora’s gated community ensures security and privacy, providing dedicated parking for each apartment.
Additionally, the development is just a short stroll away from one of the most beautiful beaches on the island, making it an ideal location for both rental investment and personal tropical getaways.
Alora presents a unique opportunity to embrace the luxurious Barbadian lifestyle on the exclusive West Coast. With its modern design, premium amenities, and unbeatable location, Alora is the epitome of contemporary island living – a true gem for buyers seeking the ultimate tropical retreat.