Furnished 3 bedroom Villa for sale in Mullins Bay, Mullins, Saint Peter

1,250,000 USD 1,162,500 EUR 987,500 GBP

Reference: 239243

Bedrooms: 3
Bathrooms: 3
Floor Size: 223 m2
Plot Size: 590 m2

Features

Balcony
Terrace
Air Conditioning
Original Features
Pool View
Turnkey

Details

Superb 3 bedroom fully furnished elegant single storey villa with pool and lush tropical garden, ideally located within the exclusive gated community of Mullins Bay.

This is adjacent to the spectacular Mullins Beach on the West Coast of the island.

The entrance and main living areas are open plan and lead out to the large covered terrace and pool deck area.

The property has a fitted kitchen with breakfast bar and many of the rooms have vaulted ceilings which give a sense of space and light. The 3 bathrooms have high end marble finishes and the 3 bedrooms are a good size.

Outside there is a spacious covered terrace and an outdoor covered bar.

It is in a convenient and much sought after location and offered for sale turn-key.

Mullins Bay is ideally positioned between the historic towns of Holetown and Speightstown. It affords easy access to an array of fine dining restaurants and an excellent selection of amenities.

In historic Speightstown there is a supermarket and a wide selection of bars and restaurants. There are also banks, pharmacies and other shops there. Holetown is the hub of the west coast. It offers an array of amenities including a medical centre and Lime Grove Shopping centre. Here there is duty free shopping and 2 cinemas. There is also a very well stocked large supermarket in Holetown.

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Barbados Property Buying Guide

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.