Luxury 3 bedroom Villa for sale with sea view in Speightstown, Saint Peter

2,400,000 USD 2,232,000 EUR 1,896,000 GBP

Reference: 243572

Bedrooms: 3
Bathrooms: 3

Features

Balcony
Terrace
Garden
Private Pool
Air Conditioning
Sea View
Quiet Area
Parking
Front Line
Walk to Beach
Walk to Amenities
Good Condition

Details

Luxurious 3 bedroom beach front villa, which s ideally located in the tranquil village of Shermans, close to the quaint town of Speightstown with plenty of amenities and restaurant, and with Holetown just a 15 to 20 minute drive away.

With direct beach access, this stunning home has been refurbished to exacting standards and is stylish and modern and has the sea just a few steps away.

The well manicured and easy to maintain garden provides the perfect place to soak up the sun overlooking the Caribbean Sea. There is even a plunge pool in the garden and a delightful covered wooden dining terrace joins the indoors with the outdoors. The traditional Caribbean shutters make this a cool place to enjoy a meal. The terrace leads inside to the open plan living and dining space. High ceilings and circular port hole windows ensure plenty of light. The kitchen is a good size, complete with all modern appliances and a useful breakfast bar. All 3 of the bedrooms also offer uninterrupted sea views and air conditioning. The master suite opens out onto the garden. 1 of the guest bedrooms opens out on to the sun deck.

Security wise this property is fully enclosed with a gated entry.

The Little Good Harbour Hotel and Fish Pot restaurant are just a stone's throw away from this property.

Few beach front properties come available for sale in such good condition at this sort or price. It will provide a dreamy beach-front oasis for whoever buys it.

The house would make a perfect holiday home or investment property for long term rentals.

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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.