In this Lifestyle Community you will find that where you live is as important as how you live. The Villages offers amenities such as shopping, dining, live entertainment, recreational activities, and much more! Here at The Villages at Coverley, you will enjoy an enhanced quality of life. We are very excited about expanding the development and introducing our new home designs. Ackee Villas West, comprising two and three-bedroom homes, are all under BBD $500,000.00.

Overview Of Purchase Process

Reservation Deposit

Once you have chosen a lot, you will be asked to sign a Reservation Agreement and pay a deposit of $15,000.00 which reserves your new home for a period of two months, allowing you the necessary time to secure the 10% deposit and sign the Sale and Purchase Agreement and Build Contract. Payment Obligations A 10% deposit for the land and home, less the $15,000 reservation deposit already paid in, is required on signing the Sale and Purchase Agreement and Build Contract. The balance of the cost of the land is paid to convey the land to the purchaser. Upon conveyance of the land, construction of the home will commence.

The schedule of stage payments for construction is as follows:

1. 10% upon completion of the foundations. 2. 40% once the structure is watertight. 3. 20% upon completion of the roof. 4. 17.5% upon practical completion of the home. 5. 2.5% upon the issuance of the Certificate of Compliance. 6. Legal fees can be estimated at approximately $15,000.00 (dependent on the purchaser and financial institution’s attorneys).

Our Mission

To provide affordable, quality housing using a concept which maximizes the use of land for the benefit of all homeowners and by doing so permits homeowners access to more affordable properties while enjoying a Lifestyle Community.