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Reference 240564

Luxury 5 bedroom Penthouse for sale with sea view in Saint Peter, Saint Peter

5,500,000 USD
5,115,000 EUR 4,400,000 GBP
Luxurious 5 bedroom duplex apartment, which is ideally situated within a highly sought after residence alongside Saint Peter's Bay, with traditional Barbadian architecture and superb finishes.

With breathtaking views whilst preserving its privacy, this lovely penthouse apartment has a total living area of around 580m2 with generous terraces with a spa pool, fully fitted and equipped kitchen, spacious living/dining area and 5 beautiful en-suite bedrooms, which are accented with marble tiles, whitewashed cedar joinery and coral mouldings.

Beach lifts take homeowners from residences on the higher floors to the swimming pool, beach and fitness centre.

This stunning 5 bedroom deluxe penthouse enjoys breathtaking ocean views and provides a sophisticated level of elegant comfort with all modern essentials and much more.

The large kitchen, living and dining areas overlook a wide oceanfront terrace, which features a fully equipped bar, large dining table and comfortable sitting area along with a lift that takes guests directly to the pool and beach.

The private roof terrace features a pool, roof top dining and barbecue area serviced by a dumb waiter from the main kitchen below. In addition there are 4 spacious en-suite bedrooms and a spectacular master suite with its private ocean view terrace and large walk through dressing area and bathroom.

Local interior designers have beautifully furnished this beach-front penthouse.

Home ownership comes with in-residence property management, housekeeping and maintenance, 24-hour a day security and assigned parking. In addition, golfers have access to play on some of the finest golf courses on the island just a convenient 10 minute drive from Saint Peter's Bay. For relaxation and enjoyment, the resort features a 500 foot beach, a lagoon-style swimming pool, aqua trampoline and iceberg, water taxi, water sports, turtle tours and on-demand spa services. For children, there is the indoor kids club, baby sitting and nanny services.

Of course, all homeowners can also enjoy The Gazebo Bar + Grill for both onsite dining or in-room, and even have one of the chefs prepare a special meal for dining in residences.

Features

Reference240564
Price5,500,000 USD
Number of Bedrooms
Bedrooms
5
Number of Bathrooms
Bathrooms
5
Floor Space in Metres Squared
Floor Space
585.0m2
Land Size in Metres Squared
Land Area

Location

Where is this property?

This Apartment is located in Saint Peter's Bay 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 Saint Peter's Bay

Grantley Adams24km
Tenerife South4,748km
Fuerteventura5,018km

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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.