Luxury 3 bedroom VillaHouse for sale with countryside view and sea view views in Sugar Hill, Saint James
This stunning property is situated within the Tamarind Row neighbourhood on the Sugar Hill resort community.
On the main floor, the layout encompasses a spacious open plan living area, a newly renovated kitchen, cloakroom and a large guest suite. The dining area is located on the covered patio where al fresco dining can be enjoyed year-round. The covered patio also has a relaxed seating area and leads to the plunge pool which is on a lower level with a deck and full outdoor shower.
The primary suite and second guest bedroom suite are both located on the first floor. The primary suite is complete with ample wardrobe space and the bathroom which has a double vanity, tub, and shower. The guest suite on this level is also spacious and both rooms look west with views of the Caribbean Sea.
Other areas of this superb property include a lockable storage room on the first floor, a full laundry room with storage and a half bathroom for staff. There is also an enclosed drying yard area to hang items out of sight.
On just 50 acres and complete with 100 residences, this Resort is a residential community, which features amenities such as tennis, communal swimming pools, gym, and a restaurant in the clubhouse - a focal point within the community.
There is 24 hour security.
Features
Fees Paid By Seller
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This Villa is located in Sugar Hill 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.