Luxury 4 bedroom House for sale with countryside view in Saint Philip, Saint Philip
This is a rare opportunity to own one of the most distinctive Barbados properties for sale offering a private Caribbean retreat just minutes from Six Roads and less than 10 minutes from Grantley Adams International Airport.
The elegant main residence offers high-end finishes, 4 spacious bedrooms, each with en-suite bathrooms, air conditioning, and built-in wardrobes. The ...
This is a rare opportunity to own one of the most distinctive Barbados properties for sale offering a private Caribbean retreat just minutes from Six Roads and less than 10 minutes from Grantley Adams International Airport.
The elegant main residence offers high-end finishes, 4 spacious bedrooms, each with en-suite bathrooms, air conditioning, and built-in wardrobes. The Master suite includes a soaking tub, double vanity, and separate glass-enclosed shower.
Wrap-around patios are on both floors offering stunning countryside views. The open-plan kitchen leads onto a large patio - perfect for entertaining.
Within the grounds is an expansive 38.5 ft swimming pool and Jacuzzi.
There are comfortable air-conditioned living areas, a ground floor office, powder cloak room, laundry room and ample storage.
It is secure, private, and turnkey with wrought iron finishes and window screens, exterior security cameras, full perimeter wall, a two-car garage, tool shed and staff bathroom.
The separate cottage has a bedroom, bathroom and air conditioning (ideal for guests or staff).
This property is also ideal for eco-conscious buyers as it features photovoltaic system (solar power), three rainwater storage tanks, and one acre solar-approved area.
There is a barn with four horse stables, a garage-ideal for horse lovers or small-scale farming.
This estate comes with valuable equipment and vehicles for lifestyle or business use:
1-year-old tractor
Digger 2018 pickup truck
2010 Mercedes-Benz
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This House is located in Saint Philip 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.