Beachfront 2 bedroom Apartment for sale with sea view in Paynes Bay, Saint James
This spacious, modern 141m2 property offers the perfect blend of style, comfort, and location-making them ideal for buyers searching for Barbados homes for sale, investment properties, or a Caribbean retreat.
Located just moments from the beach, this offers premium Barbados real estate in a prestigious and convenient location.
Features include:
- Prime West Coast Setting Walk to Paynes Bay Beach, top-rated restaurants, golf courses, and shopping centres.
- Stylish Open-Plan Living - the residence offers spacious 2- to 4-...
This spacious, modern 141m2 property offers the perfect blend of style, comfort, and location-making them ideal for buyers searching for Barbados homes for sale, investment properties, or a Caribbean retreat.
Located just moments from the beach, this offers premium Barbados real estate in a prestigious and convenient location.
Features include:
- Prime West Coast Setting Walk to Paynes Bay Beach, top-rated restaurants, golf courses, and shopping centres.
- Stylish Open-Plan Living - the residence offers spacious 2- to 4-bedroom residences with high ceilings, large windows, and designer interiors.
- Ocean Views and Resort Amenities - Enjoy Barbados beach-front property for sale vibes with sea views, landscaped gardens, a large communal pool, and sun deck.
- High Rental Potential - Ideal for those seeking Barbados properties for sale with strong short-term rental returns.
- Secure and Turnkey Gated community with private parking, elevator access, and ready-to-move-in finishes.
Ground Floor Residences - From $775,000 USD
Units 1, 2 and and 3, 2 Bedrooms | 1,518 Sq. Ft. Garden views with direct access to green spaces. Perfect for holiday rentals or permanent island living.
First Floor Residences - From $850,000 USD
Units 4, 5, 6 and and 7 2 Bedrooms | 1,518 Sq. Ft. Private balconies with elevated views. Bright, open layouts ideal for entertaining.
Second Floor Residences - From $900,000 USD
Units 8, 9, 10 and and 11 2 Bedrooms | 1,518 Sq. Ft. Ocean-facing balconies. Sleek finishes and modern design.
Third Floor Penthouses - From $1,800,000 USD
Units 12 and and 13 3 Bedrooms | 2,800 Sq. Ft. Expansive living areas and panoramic sea views. High-end appliances and finishes throughout.
Ultimate Penthouse - $3,900,000 USDUnit 14 4 Bedrooms | 4,600 Sq. Ft. Massive private terrace with uninterrupted Caribbean Sea views. Truly elite Barbados beach house living.
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Where is this property?
This Apartment is located in Paynes Bay 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.