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Reference 243320

Furnished 4 bedroom Villa for sale in Gibbs, Saint Peter

1,695,000 USD
1,576,350 EUR 1,339,050 GBP
Charming 4 bedroom villa, which is located in Gibbs, St. Peter, which is one of the most desirable areas of the gorgeous west coast.

This 4 bedroom, 5 bathroom villa is within walking distance to the famous Mullins Beach and just 10 minutes outside of the Holetown area.

Built in 1969, in its previous life the property was residence to both a prominent medical practitioner and then a diplomat. It has been completely renovated and extended within the last 10 years, with a newer dining/entertaining pavilion and swimming pool added within the last 5 years.

Offering a blend of modern and traditional, the villa is spacious with excellent living, dining and entertainment areas.

On entering the home, you are drawn to the informal living area to the left, which opens out to the beautiful gardens with many tropical fruit and palm trees, an outdoor dining area and a large swimming pool.

The main home boasts automatic shutters which when open, open the whole wall onto the lovely garden and pool area - fantastic concept and excellent security. There are several other formal and informal dining and living areas in the home, all very warm and inviting spaces that could be set-up according to personal tastes. All the main living, dining rooms, landings, kitchen and utility area have ceiling fans, including the dining/pool pavilion. All 4 bedrooms are on the southern side of the house, with 3 of the 4 rooms opening on to a deck overlooking and leading onto the pool area. The master bedroom along with 2 of the guest bedrooms are en-suite, whilst the 4th bedroom shares a well-appointed bathroom across the landing. All 4 bedrooms are fully fitted with air conditioning units, ceiling fans, and electronic personal safes.

There is also ample storage with all bedrooms boasting fully fitted wardrobes, as well as cupboards in the lower hall for general storage. The property boasts a new, bespoke kitchen imported from Europe with modern appliances including microwave, large dual fuel, range cooker (gas hob, electric fan oven), dishwasher, American style dual fridge/freezer with ice maker and filter water dispenser, as well as a large wine & beer cooler fridge, this flows into a separate breakfast room. There is also an external courtyard off of the kitchen, another lovely space to enjoy an alfresco meal or barbecue.

The new and separate outdoor dining pavilion offers an imported, hand-built bespoke kitchen with a European stainless-steel dishwasher and range cooker, with 2 dining tables and dining for up to 18 people - a fantastic space for relaxing and a barbecue entertaining area. There is also a full bathroom in the pavilion, ideal should this space be converted to living quarters. This pavilion has automatic shutters that secure the area from the elements when not in use. You will find a mix of tropical purple-heart and hardwood floors typical of Barbados throughout the property. Additionally, the tiles used both internally and externally are imported out of Europe. The pool area and the courtyard are paved with 'cool-decking' which even on the sunniest day, is cool to walk on barefoot.

The property also benefits from 120 volt + 240 volt electricity supply, both in the main house and the pavilion, thus allowing the choice of American and/or European electrical appliances and electronic devices. The property also boasts high-speed fibre-optic broadband.

The property is fully enclosed with hedges and planting to ensure maximum privacy and includes a secure garage, as well as parking for at least 6 cars. The large garage also has automatic shutters at the front as well as the rear, with a workbench, and full size sink with hot and cold water for potential laundry facilities. There are 2 new rainwater harvesting tanks for garden and irrigation water in the front and rear of the property, beneficial in keeping water consumption costs low.

Offered fully furnished, not including personal effects and artwork.

Features

Reference243320
Price1,695,000 USD
Number of Bedrooms
Bedrooms
4
Number of Bathrooms
Bathrooms
5
Floor Space in Metres Squared
Floor Space
Land Size in Metres Squared
Land Area
491.0m2

Location

Where is this property?

This Villa is located in Gibbs 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.