
Frequently Asked Questions
Below you will find answers to the questions we get asked the most. If you have additional questions not answered here, please contact us.
The Estates at St. George is a project of Sagicor Life Inc. (www.sagicor.com) the Caribbean’s largest insurance provider. This company has its origins in The Barbados Mutual Life Assurance Society that was founded in 1840, and then demutualized in 2002 converting to a publicly listed limited liability company. The Group now has operations in 22 countries in the Caribbean and the USA. It boasts assets of US$7.3Bn, revenues of US$1.1Bn and produced net income of US$103M in 2018.
There is no entry age restriction applicable to The Estates. The condominiums have been conceptualized and professionally designed to provide a range of wellness experiences and amenities for mature residents, that will allow them to age in place with access to a range of amenities along with a continuum of personal and health care services.
You may rent your home subject to any relevant covenants governing the Development. You may list the home for rent with Terra Caribbean, our lead real estate agent, or any other registered real estate agent of your choice.
The Estates will allow up to two household pets per home being any combination of two small dogs and/or two cats, not weighing more than 25 pounds each. Pet owners must adhere strictly to the pet policy.
These include, inter alia:
- Access to The Royal Palm Clubhouse and its amenities including tennis courts, pool, children’s play area, multi-purpose room and meeting room.
- Free use of fitness centre and changing rooms, and preferred rates for services at the fitness centre and spa.
- Access to The Estates’ concierge service for activity programming both on and offsite.
- Preferred reservations at the restaurant.
- Access to the landscaped gardens, the Lakeside Terraces and its amenities.
- Wireless internet access throughout the community.
- Priority access to the urgent medical care facility and to the specialist clinics.
- Priority access if the homeowner desires, to move to the Catered Living building with its care facilities.
- Access to the emergency response system.
Condominium owners will become part of the Proprietary Unit Plan or PUP and will incur monthly fees to cover the operational costs of the PUP and to share in the operational expenses of managing The Estates at St. George and its amenity offerings. There are thus three components of the monthly fee: 1) Amenity Fee; 2) Direct Expenses; 3) Shared Expenses. Unit owners’ fees will be based on their unit entitlement of the PUP.
The Estates is a fenced and gated community with 24-hour guard service that will provide physical as well as psychological security for residents and their guests. All entrances will have barrier entry and the security service will include monitored CCTV on residences and commercial buildings.
Yes, you can own a property in Barbados (Subject to Government of Barbados approval). In addition, a retired person can also qualify for a Special Entry Permit (SEP) if he or she owns real estate in Barbados valued at over BBD 600,000 and has adequate health insurance. With a SEP, an individual can enter and reside in Barbados with few or no restrictions. A SEP may be granted for either an indefinite or fixed period, depending on how the individual is categorized. Without a SEP, an individual is subject to normal immigration controls, and you should consult your legal counsel for advice in this area.
Should you wish to finance your purchase, you are free to engage a financial institution with which you have a relationship. We would also be happy to refer you to a a Sagicor Bank Customer Service Agent who will be able to discuss possible options.
About The Estates at St. George
The Estates at St. George is the first of its kind in the Caribbean. A visionary concept of an active lifestyle residential community catering to people at every stage of their adult lives. The Estates at St. George represents a unique opportunity to live an independent and active lifestyle in an elegant apartment home surrounded by a wealth of amenities in a secure environment. Currently in the first first phase which offers 88 condominiums and garden flats, the community will culminate with 208 residences.
