Frequently Asked Questions
Residences currently range from US$399,000 for a studio to over US$2.2 million for a three-bedroom penthouse with a private pool, with move-in-ready and pre-construction options available across every budget in between. Because pricing changes as units sell, the fastest way to get accurate, up-to-date pricing for the layout you’re interested in is to submit an inquiry, and an Ownership Representative will follow up directly.
Owners live in a fully operational resort, not a standalone residential complex. That means walkable access to multiple award-winning restaurants, a multi-level cascading pool complex plus private pools in most residences, a full-service spa and wellness facility, duty-free shopping, and Crane Beach, one of Barbados’ most celebrated stretches of pink sand in Crane Beach, reached by a glass-front beach elevator, the only one of its kind in the Eastern Caribbean. Day-to-day comforts include 24/7 security and gated entry, a concierge and front desk team, free resort-wide WiFi, a kids club, two flood-lit tennis courts, and convenient underground parking with private elevator access to most residences.
Both. The Crane Private Residences currently offers a mix of move-in ready residences (completed, available for immediate purchase and occupancy) and Phase 4 pre-construction residences (purchased off-plan with staged payments tied to construction milestones).
No. Non-nationals are welcome to purchase real estate in Barbados, with no restrictions on foreign ownership. There are no capital gains or inheritance taxes in Barbados. Non-nationals wishing to stay longer than six continuous months may require a Special Entry & Reside Permit.
There is no benefit of Dual Citizenship for property ownership. However, should you wish to receive tax advice, our Ownership Representatives would be happy to refer you to a local Tax Advisor.
No.
Ownership at The Crane Private Residences is structured as a Right to Use held in trust by First National Trustee Company (FNTC) in the Isle of Man, until the year 3000 – in practical terms, a long-dated leasehold/trust structure rather than conventional freehold title. The property can be willed, transferred, or sold at any time, and the Trustee ensures there is no debt, prior ownership claim, or lien on the property.
It isn’t strictly necessary, since ownership is held in trust by FNTC, which verifies there’s no debt or lien on the property. Buyers who’d still like an attorney to review the Purchase Application can be referred to a local law office by their Ownership Representative.
For move-in ready residences, full payment is due at the time of purchase. For pre-construction (Phase 4) residences, buyers pay a 25% deposit, with the remaining balance staged and tied to construction milestones. The trust structure also means no closing costs, sales taxes, or legal fees are due on completion.
Move-in ready residences are sold furnished. Pre-construction (Phase 4) residences include appliances only, with furniture packages, from cutlery and linens to full décor, available through the developer or local décor partners; ask an Ownership Representative for an estimate.
Specific to the Private Residence:
- Insurance on building
- Property Taxes
- Maintenance on external building and common areas, including Private Residence elevators and entrance gates.
- Landscaping
- Pool Service
- Utilities related to common areas: elevators, landscaping, garage and external lighting
- Refuse Collection
- Personalised encoded alarm systems with video communication with guests in lobby
- Hard wired addressable smoke detection
- CCTV in underground parking garage
- Internet
- Long-distance phone calls (from landline to landline, to most major countries)
- Cable TV
- 10% Management Fee
Your Community Fee also contributes towards a proportional share of the following Resort Services & Amenities:
- Security – 24 hours a day, 7 days a week
- Fitness facility
- Kids Club
- Resort Swimming Pools
- Beach Towel Service
- Acres of Lush Tropical Landscaping
- All utilities related to management of the Resort areas
- Beach elevator
- Access to the beach with chair, umbrellas, service staff
- Free WiFi across Resort
- Access to The Village
- Two Flood Lit Tennis Courts
- Gated Entry – armed 24/7
- Concierge
- Front Desk
Yes. With over two decades of hotel marketing experience, The Crane employs best practices, trade partnerships, and industry-leading software to achieve the highest possible occupancy and maximise rental returns for our residents.
The Crane Private Residences sits within an established, 366-room operating resort, Barbados’ oldest, dating to 1887, offering owners built-in amenities and a hotel-grade rental programme from day one. West coast “Platinum Coast” developments like Sandy Lane, Royal Westmoreland, and Apes Hill offer prestige addresses but not the same operating resort infrastructure, and typically carry higher entry pricing. The Crane’s differentiator is buying into an established resort with a ready-made lifestyle already in place, restaurants, pools, spa, beach, and daily concierge service, alongside existing rental demand, rather than building both a lifestyle and a rental history from scratch.
No. We regret that we cannot accommodate pets within the Residences or within the Resort.