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Mike Braunholtz
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Reference 246608

Beachfront 3 bedroom Apartment for sale with sea view in Dover, Christ Church

1,400,000 USD
1,302,000 EUR 1,106,000 GBP
Impressive top floor, end unit apartment with luxurious finishes, top quality craftsmanship and fabulous sea views on Barbados' favoured Dover Beach in the world-famous St. Lawrence Gap.

This spacious 3 bedroom property comes with living space of 169m2 and includes luxurious features such as granite counter tops and porcelain floor tiles.

This leading development sits on 170 feet of beach frontage with excellent ocean front swimming and exceptional views of the Caribbean Sea.

Two large swimming pools with boardwalk bridges leading to the beach complement this secure, gated community, along with private parking and an on site gym.

Proven to be very popular for holiday rentals due to its fantastic location.

Features

Reference246608
Price1,400,000 USD
Number of Bedrooms
Bedrooms
3
Number of Bathrooms
Bathrooms
3
Floor Space in Metres Squared
Floor Space
169.3m2
Land Size in Metres Squared
Land Area

Location

Where is this property?

This Apartment is located in Dover 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.