Beautiful 2 bedroom Apartment for sale in Speightstown, Saint Peter
This beautifully furnished 2-bedroom, 2-bathroom condo is a perfect for buyers looking for Barbados real estate, combining modern design, comfort, and a prime location.
Property Highlights
Location: Upper-level unit in a prestigious residence in Speightstown. Size: 1,500 sq. ft. of living space in a boutique complex of four two-bedroom units across two floors.
Interior Features:
Living Area: Air-conditioned open-plan living room with bright, spacious layout.
Kitchen: Fully equipped with modern Smeg appliances and a stylish island with bar seating.
Bedrooms...
This beautifully furnished 2-bedroom, 2-bathroom condo is a perfect for buyers looking for Barbados real estate, combining modern design, comfort, and a prime location.
Property Highlights
Location: Upper-level unit in a prestigious residence in Speightstown. Size: 1,500 sq. ft. of living space in a boutique complex of four two-bedroom units across two floors.
Interior Features:
Living Area: Air-conditioned open-plan living room with bright, spacious layout.
Kitchen: Fully equipped with modern Smeg appliances and a stylish island with bar seating.
Bedrooms: Two bedrooms with built-in cupboards and sliding doors, each with air-conditioning.
Bathrooms: Primary bedroom includes an en-suite with a roomy standing shower.
Utility Space: Separate pantry with stacked washer and dryer.
Outdoor Spaces:
Covered Terrace: Furnished with living room and dining seating, ideal for enjoying cool ocean breezes.
Rooftop Terrace: Perfect for entertaining with space for dining, living room chairs, a bar area, and sink.
Location Advantages:
Speightstown: Short walking distance to restaurants, shopping, banking, and local amenities.
Holetown: Only a 10-minute drive to additional dining, shops, medical facilities, post office, and gas station.
This 139m2 property offers the perfect combination of luxury, convenience, and modern living. With its rooftop terrace, premium finishes, and central location, it represents a standout opportunity in Speightstown real estate.
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Where is this property?
This Apartment is located in Speightstown 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.