Prestige 4 bedroom Villa for sale in Saint James, Saint James

Located in a sought after area of Sunset Crest in Saint James near the beach and all amenities, are these two bright and spacious single storey villas with pool and garden.

Each property has its own entrance and is self contained. One of the properties has 2 bedrooms with an en-suite bathroom off the master bedroom. There is a separate bathroom for the guest bedroom. It also has a living room with dining area and fitted kitchen.

The other villa has 2 bedrooms, a living room with dining area, fitted kitchen and one bathroom.

Outside is an enclosed garden with pool and pool deck and a bathroom by it.

This unique set up is ideal for someone wanting to derive an income whilst enjoying one of the properties and renting out the second either on a long term or holiday rental basis. It could also be a property that two friends/families could own and share the communal costs of running.

They are close to the beach, all the amenities of Holetown and the main west coast supermarket, Limegrove where there is wonderful shopping, an array of bars, cafes and restaurants in Limegrove.

Owners at Sunset Crest often join the beach club which is located next to The Beach House restaurant. The annual cost for membership is a relatively modest sum. At the beach club there is a pool which overlooks the sea for use of owners and their guests. Sun loungers and umbrellas are provided and there are bars and restaurants close by. There is also direct access to the turquoise waters of the Caribbean Sea from the beach club.

This delightful property is on a large plot of land.

If desired, there is planning permission for development of 4 apartments on the site.

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Features

Reference242008

Price600,000 USD

Bedrooms

4

Bathrooms

3

Floor Space

Land Area

Fees Paid By Seller

It does not cost you anything to purchase this property through us

Air Conditioning

Existing in one or more rooms

Possible Extra Dwellings

Has suitable building for conversion

Potential for Income

Existing or suitable conditions for income

Walk to Beach

Beach is easily walkable

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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.