Background and Development
Gore Developments, a prominent Jamaican real estate company, embarked on the Camelot Village project to provide quality housing options in St. Ann Parish. The development is segmented into six phases:
Phase 1 (January 2022): Introduced 92 townhouses equipped with top-tier appliances, landscaped public areas, and a dedicated gated entrance.
Phases 2 to 5 (May 2022 - July 2024): Featured 960 sq. ft. detached homes, each with two bedrooms and two bathrooms, situated on plots measuring at least 5,000 sq. ft. Many of these homes boast expansive ocean vistas and offer potential for rear expansions or additional floors.
Phase 6 (Launched December 2023): Consists of 32 townhouses, each spanning 1,312 sq. ft., with two bedrooms and two and a half bathrooms. These units are fully air-conditioned and come with a one-year membership for up to four individuals at the nearby Puerto Seco Beach Club.
Architectural Features
Homes within Camelot Village are constructed using solid concrete, ensuring durability and resilience. Key features include:
Roofing: Solid concrete roofs.
Flooring: Ceramic tiles throughout.
Interior Layout: Master bedrooms measuring 14’6” x 11’, secondary bedrooms at 12’6” x 11’, and spacious living areas.
Amenities: Modern kitchens with solid surface counters and breakfast bars, grade-A sanitary fixtures, enclosed laundry spaces, solar water heaters, and integrated alarm systems.
Market Dynamics and Investment Potential
The Jamaican real estate market has experienced consistent growth over the past decade, with the north coast emerging as a prime location for both residential and vacation properties. Camelot Village's strategic positioning in Discovery Bay offers investors several advantages:
Property Appreciation: Homes in phases two to five were initially priced between $17.3 million and $23 million. As of December 2024, townhouses in phase six are listed at $36 million, indicating a robust appreciation in property values.
Rental Income: The proximity to attractions like Puerto Seco Beach and Columbus Park enhances the community's appeal to tourists, making properties within Camelot Village attractive for short-term rentals, including platforms like Airbnb.
Demand: The swift sales across all phases, with only a few units remaining in the final phase, underscore the high demand and desirability of the development.
Lifestyle and Amenities
Residents of Camelot Village enjoy a harmonious blend of tranquility and accessibility:
Beaches: A mere two-minute drive leads to Puerto Seco Beach, renowned for its pristine sands and clear waters.
Cultural Sites: Columbus Park, a six-minute drive away, offers a glimpse into Jamaica's rich history and heritage.
Urban Centers: The bustling town of Ocho Rios, with its array of dining, shopping, and entertainment options, is just 35 minutes away.
Transportation: The Donald Sangster International Airport in Montego Bay is a convenient 50-minute drive, facilitating easy travel for residents and visitors.
Nearby Attractions
Discovery Bay and its environs are replete with attractions that cater to diverse interests:
Green Grotto Caves: A short drive away, these caves offer guided tours showcasing stalactites, stalagmites, and rich historical significance.
Dunn's River Falls: Located in Ocho Rios, this iconic waterfall is a must-visit for both locals and tourists.
Mystic Mountain: An adventure park offering zip-lining, bobsled rides, and panoramic views of the coastline.
Conclusion
Camelot Village in Discovery Bay stands as a beacon of modern living in Jamaica, blending architectural excellence with strategic location advantages. Whether for personal residence, vacation home, or investment purposes, it offers a compelling proposition for discerning buyers.
Quotes about Camelot Village
"Camelot Village seamlessly combines the serenity of coastal living with the conveniences of modern amenities."
"Investing in Camelot Village is not just purchasing a home; it's securing a lifestyle enriched with culture, beauty, and opportunity."
"The architectural brilliance and strategic location make Camelot Village a standout development on Jamaica's north coast."
"For those seeking a blend of relaxation and investment potential, Camelot Village is the ideal choice."
Note: All information is based on available data as of December 2024. Prospective buyers and investors are advised to consult directly with Gore Developments or authorized real estate agents for the most current details.
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Disclaimer:
The information provided in this article is for general informational purposes only and is subject to change without notice. While we strive to ensure accuracy, we do not guarantee the completeness, reliability, or timeliness of any details regarding Camelot Village, Discovery Bay, Jamaica. Property availability, pricing, development timelines, and investment potential are subject to market fluctuations and changes by developers or governing bodies.
Prospective buyers, investors, and renters are encouraged to conduct their own research, seek professional advice, and verify details with relevant authorities before making any real estate decisions. We assume no responsibility for any reliance placed on the information provided herein.