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Mike Braunholtz
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Reference 239227

Luxury 4 bedroom Villa for sale in Sandy Lane, Saint James

4,600,000 USD
4,278,000 EUR 3,634,000 GBP
Luxurious 4 bedroom villa, with a total spacious and bright living area of 375m2, ideally situated within the highly sought after Sandy Lane estate in the Saint James area of Barbados.

Nestled within lush tropical gardens of around 5,400m2, the property is surrounded by mature trees and is beautifully positioned alongside a swimming pool.

Owners of properties on the estate also have the use of the tennis courts and the beach facilities at the beach club. A golf club is also close by and golf is available at Royal Westmoreland and Apes Hill.

Set out over a single floor, features include: modern eat-in kitchen with a large outdoor dining gazebo attached; spacious and airy living area with access out to a terrace, open patio and pool deck. There is a stunning saltwater swimming pool in the lush gardens and a stunning outdoor dining gazebo.

The master bedroom includes his & hers en-suite bathrooms as well as a large walk-in closet. Both bedrooms in the main house have air conditioning and ceiling fans. In the main house there is an office.

There is also a 2 car garage, laundry room, full staff bathroom, storage room and drying yard.

There is a charming fully air conditioned cottage with 2 bedrooms and a bathroom. It has a modern fully equipped kitchen, living room and a spacious terrace, which features a spectacular mahogany tree growing through it.

The property is fully enclosed with 2 automatic-gate entrances and located within walking distance or a short drive from Holetown, which is the hub of the west coast and offers duty free shopping, restaurants and a medical centre. There are also banks, bars, night life and beaches.

Features

Reference239227
Price4,600,000 USD
Number of Bedrooms
Bedrooms
4
Number of Bathrooms
Bathrooms
4
Floor Space in Metres Squared
Floor Space
375.0m2
Land Size in Metres Squared
Land Area
5,382.0m2

Location

Where is this property?

This Villa is located in Sandy Lane in Barbados

For security, the map shows the nearest town or village. Please get in touch for full details.

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Airports near Sandy Lane

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Tenerife South4,750km
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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.