Exclusive 3 bedroom Apartment for sale with sea view and panoramic view views in Prospect, Saint James
This impressive sea front property features 3 bedrooms and 3.5 bathrooms within 325m2 of living space.
This residence showcases cutting-edge finishes, lavish furnishings, and exceptional amenities. A large private terrace with a plunge pool and glass balustrade offers unparalleled sea views. There is also a private gym, sauna and 80ft lap pool.
The prestigious residence stands out with its revolutionary design and a modern approach to island living. With only 2 units on each of the 5 floors, residents enjoy an unmatched level of privacy and exclusivity. The tropical modern style seamlessly integrates interior living spaces with the stunning surroundings, providing uninterrupted views of the Caribbean Sea through glass balustrades and ample windows.
The estate offers a unique lifestyle, surpassing expectations with a host of amenities, 5-star concierge services, and a steadfast commitment to personal and environmental well-being. Beyond its architecture and luxurious living, the facilities are truly spectacular, offering residents the best in innovation.
There is a secure environment with 24-hour security staff and a dedicated security desk, ensuring constant vigilance. The property is equipped with a multi-location passive infrared CCTV system that facilitates nonintrusive monitoring. For added security, access to various areas is controlled through a keypad and swipe card system. The apartment entry is further enhanced by a camera-integrated intercom system. Intrusion detection mechanisms, covering both entry points and glass areas, contribute to the overall security infrastructure. Additionally, a remote locking garage door system ensures controlled vehicle access to the underground car park.
The safety measures extend to comprehensive smoke and fire detection systems, while 2 lifts are specifically designed to operate during emergencies, supported by a backup system.
In every aspect, the residence exemplifies a lifestyle of opulence, where residents can indulge in luxury amidst the breathtaking beauty of their surroundings.
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Fees Paid By Seller
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This Apartment is located in Prospect 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.