Simon Cowell Real Estate Update

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When it comes to making a good decision it seems Simon Cowell knows it all. He is said  to be one of the most powerful men in the media and if he continues at his present rate he will rival even Oprah.

Simon Cowell loves Barbados(who would not) and so do lots of other super wealthy high profile celebrities but I wonder how many have provided a huge deposit on an off plan or pre construction property worth $30million (£18M). The huge deposit was for a luxury real estate development called Four Seasons Hotel and Private Residence.

Unfortunately work stopped on the project in February and there is no sign of work restarting imminently. Scaffolding stands rusting on the construction site of unfinished roofs and unglazed windows of the beach-front homes that have been earmarked for the super rich.

So concerned that the project might fail the Bajan PM Thompson is understood to have held meetings with frustrated investors in the scheme on a recent official visit to London, where he attended the World Travel Market trade fair. He tried to assure them that one of the largest development projects in Barbados is not in danger of collapse

More at Overseas Property Blog

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Nick Marr

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