Project Land for sale with sea and panoramic views in Paynes Bay, Saint James
Located in the area of Laynes Road,this is a unique chance to create sought-after Barbados properties for sale in one of the island's most prestigious areas.
Key Features
Total land area: 44,336 sq ft (slightly over 1 acre).
Planning permission approved for 6 x 4-bedroom townhouses.
Panoramic sea views possible across the west coast.
Walking distance to Paynes Bay Beach.
Close to Holetown, offering restaurants, shops, and essential amenities.
Excellent investment potential in Barbados homes for sale.
This p...
Located in the area of Laynes Road,this is a unique chance to create sought-after Barbados properties for sale in one of the island's most prestigious areas.
Key Features
Total land area: 44,336 sq ft (slightly over 1 acre).
Planning permission approved for 6 x 4-bedroom townhouses.
Panoramic sea views possible across the west coast.
Walking distance to Paynes Bay Beach.
Close to Holetown, offering restaurants, shops, and essential amenities.
Excellent investment potential in Barbados homes for sale.
This property is ideal for developers seeking to build high-quality Barbados homes for sale with strong rental or resale potential.
With planning permission already in place, investors can move forward quickly to develop modern townhouses designed to maximise both comfort and style.
The west coast of Barbados is a highly sought-after area, renowned for its stunning beaches, luxury lifestyle, and thriving community. This property peace and privacy with easy access to Holetown's vibrant amenities, making it an ideal location for discerning buyers.
With over an acre of land, there is space for beautifully landscaped gardens, private pools, and additional features to enhance the appeal of the development.
This plot offers a perfect canvas for creating high-end Barbados properties for sale that attract both local and international buyers.
Situated on the west coast of Barbados, minutes from Paynes Bay Beach. Walking distance to Holetown's shops, restaurants, and services. Easy access to major transport routes and other west coast attractions. Laynes Road represents a rare and exciting development opportunity in Barbados real estate.
For investors and developers looking to secure a premium project on the west coast, this property delivers exceptional potential.
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Where is this property?
This Land is located in Paynes Bay in Barbados
For security, the map shows the nearest town or village. Please get in touch for full details.
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Buying Real Estate in Barbados
1. Registering with a Barbadian Lawyer and the Central Bank of Barbados.
In order to purchase a property in Barbados you will require a registered Barbadian lawyer, their fees will be around 1.5 to 2% of the purchase price (+15% VAT). The buying process will generally take around 3 months. There are not generally any restrictions on ownership by foreigners, except for a formality that, if you are a non-resident, the Barbados Central bank must you give you permission before you may purchase a property. If you fail to gain this permission your purchase will be void. It is required by the Central Bank of Barbados that all money that is brought into the country must be registered. This can be best be handled by your Barbadian lawyer.
2. Signing the Purchase Agreement and Paying the deposit
Your lawyer will be charged with the conveyance of the title, the recording of the deeds and registering the survey plans with the Land Registry. Before you sign the Purchase Agreement and pay the 10% deposit, they will also check the agreement which will have been drawn up by the vendors lawyers. The Purchase Agreement will then be signed by the vendor and the deposit will be held by the vendor’s lawyers. The deposit will be forfeited if at any point after this you decide not to go through with the purchase.
3. The Conveyance
The register search will be carried out by your by your lawyer in order to establish whether the property or land is free from charges or any encumbrances and to establish the title. The conveyance will be drawn up by the sellers lawyer and will be checked by your lawyer. Once these checks have been made you will sign the conveyance and the balance of the funds will be paid. Once you have signed the conveyance it will go back to the venor’s solicitor to be signed by the vendor. Your part of the sale is now complete, all that is left is for the vendor to pay the stamp duty and to transfer the taxes.
4. General Information on Property Ownership in Barbados
Property can be owned in various ways in Barbados. In the name of an individual, through a trust or other entity, or through a foreign or local company. It is not unusual for non-Barbadians to purchase properties through newly formed offshore companies which are outside Barbados, but are registered to do business in Barbados.