Stylish 1 bedroom Apartment for sale in Mullins, Saint Peter
These condos offer hassle free ownership and a return on investment.
Mullins Grove 2 is a new exclusive collection of 21 1 and 2 bedroom residences, which are all bright and modern and in a wonderful location.
The development includes a reception and concierge service, kids club and recreational room. There is also a gym and lower-level sun deck with a swimming pool. There is also a roof level sun deck with a pool. The development has evening security. It also offers a breakfast cafe, evening cocktail living room and restaurant.
Each apartment is detailed with a sense of escapism. They are akin to that of a luxury hotel. Open-plan spaces face towards the coastline. They come complete with a large west facing roof terrace. Full-height windows provide an abundance of natural light. They also provide views of the surrounding landscape.
The apartments are ideally located just a short walk from Mullins Beach. Here you will find popular restaurants such as Sea Shed. The beach is gorgeous and there are usually an array of water-sports available on the beach.
Beautiful, historic Speightstown is a short drive away. Here there is a supermarket, bars and restaurants. There are also banks in Speightstown and an interior design shop.
Holetown is just a 15 minute drive away. Holetown is the hub of the west coast. There is duty free shopping in Lime Grove and a medical centre in Holetown. There are also well stocked supermarkets. There are banks and an array of restaurants and bars.
These properties in Mullins Grove Phase 2 offer good value and a hassle free investment close to the beach. Enjoy your apartment when you are there and let management rent it out on your behalf when you are not.
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This Apartment is located in Mullins in Barbados
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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.