Secure 3 bedroom Penthouse for sale with sea view in Paynes Bay, Holders Hill, Saint James
This is a beach-front development on the west coast. It offers 26 luxurious beach-front apartments ranging from 1,2, 3 and 5 bedrooms, all of which are finished to the highest quality and each unit enjoys unobstructed views across the dazzling Caribbean Sea.
Just a few steps away from a large shared swimming pool and deck. This is fringed by lush tropical landscape and the golden sands beyond.
All apartments have the benefit of generous balconies and terraces. These have spectacular views over the beach to the Caribbean sea. All apartments have access to the main shared pool.
The penthouse units have their own private plunge pools. All units come fully furnished-turn key ready. All apartments are also fully air conditioned.
The waterside development is designed with security in mind. Security features include the following:
- 24 hour security personnel on site
- Concierge service
- Code access doors and gates
- Secure underground parking facilities
- Extensive CCTV coverage of the site linked back to the concierge/security
At Waterside Barbados you will be within minutes of Holetown. Here you will find duty free shopping, banks and supermarkets. There are restaurants and bars in Holetown and within walking distance. There are also world class golf and tennis facilities just a short drive away.
Features
Fees Paid By Seller
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Where is this property?
This Apartment 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.