New Build 4 bedroom Villa for sale with sea view in Saint James, Saint James

1,650,000 USD 1,534,500 EUR 1,303,500 GBP

Reference: 239464

Bedrooms: 4
Bathrooms: 4
Floor Size: 424 m2
Plot Size: 600 m2

Features

Terrace
Private Pool
Possible Extra Dwellings
Potential for Income
Sea View
Parking
Garage
Good Condition

Details

Modern, bright and spacious 4 bedroom villa, with a total spacious living area of around 424m2, which is set out over 3 floors, and with a total easy to maintain outside area of 600m2 with a private swimming pool and lovely views.

Features include: open-plan living/dining room, TV room, ultramodern fitted and equipped kitchen, 4 bedrooms, 4 bath/shower rooms and a fantastic roof top terrace.

This property benefits from 2 entrances and has an enclosed garage which is accessed from the street below with a full bedroom on this level with it's own garden area.

The living and entertainment floor is accessed via stairs flowing well with 3 further en-suite bedrooms upstairs and an stunning roof top terrace with 180 degree views across the entire west coast of Barbados and Caribbean Sea beyond.

Outdoor areas include sun patio, full sized swimming pool and enclosed gardens.

In a brilliant location within walking distance of top west coast beaches, the Lone Star restaurant and the Fairmont Royal Pavilion Hotel, where exclusive Beach Club membership can be taken out.

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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.