The late-18th-century mansion that overlooks the Atlantic from cliffs on the southeastern coast of Barbados and forms the heart of this development has been operating as a hotel since it was first expanded in 1887, making The Crane the island's oldest resort.

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There are only 18 rooms in that historic structure, with antique furnishings and hardwood floors, so in recent years the resort's owners have been adding buildings with condos that can be rented to serve as hotel rooms. Now 116 one- to three-bedroom units have been completed, and more condos are being built; the rooms in the original building are also sold as residences. Buyers choose either whole ownership or deeded residence club membership, offered in weekly, monthly or three-month increments. The villa-style penthouse residences have plunge pools; many condos have pools as well; and there are six communal pools. One of the resort's three restaurants serves Thai and Japanese cuisine. The village, which will have shops, more restaurants, a general store, a movie theater, a gallery and a small spa and fitness center, is expected to be completed by this fall. A larger beachfront spa and fitness center is planned.

Full ownership of residences starts at $425,000. Residence club membership ranges from $11,400 for a week in summer to about $225,000 for three months in the high season.

A new village area began opening in March. The latest phase of 18 residences is expected to be completed late this year.

CONTACT INFO (246) 423-6220 or www.thecrane.com.

Source: The Crane / Millennium Investments Limited.

May 22, 2009 / category: RE-Condos / link / comments (0)

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