Income Potential 5 bedroom Villa for sale with sea view in Heywoods, Saint Peter
This dual-Income coastal gem is a golden ticket to west coast living with built-in income potential. Tucked away in the quiet, residential neighbourhood of Heywoods, St. Peter, this versatile duplex villa offers not one, but two fully self-contained apartments-making it the ultimate multi-stream investment opportunity.
Whether you're seeking an income-generating holiday home, a personal home with rental upside, or a full-time residence with space for guests or tenants - this propert...
This dual-Income coastal gem is a golden ticket to west coast living with built-in income potential. Tucked away in the quiet, residential neighbourhood of Heywoods, St. Peter, this versatile duplex villa offers not one, but two fully self-contained apartments-making it the ultimate multi-stream investment opportunity.
Whether you're seeking an income-generating holiday home, a personal home with rental upside, or a full-time residence with space for guests or tenants - this property delivers.
It was built Circa 2000s, has parking in a drive, and the upper apartment is bright, airy, and updated with a clean modern aesthetic. It features an open-concept design, updated kitchen and bathrooms, 2 bedrooms and relaxed indoor-outdoor living. It has a proven short-term rental track record, appealing to guests who want to stay close to the beach, Speightstown, and local hotspots.
The spacious ground-floor apartment offers three generous bedrooms, each with its own bathroom, making it ideal for larger groups, families, or long-term tenants. With an easy flow to outdoor areas and loads of natural light, it's just as inviting as it is practical.
A shared laundry room serves both apartments conveniently, and the home is being sold fully furnished, so you can hit the ground running-whether moving in or starting your rental business.
All within easy walking distance:
• Heywoods Beach
• Speightstown (restaurants, bars, art galleries, and culture)
• Jordans Supermarket
• Banks, Gas Stations & Convenience Stores
• Coffee Shops & Local Eateries
• Pier One Restaurant, Bar & Pool
• Caboose - The island's best fish cutters.
• Watersports & Local Transport Access
Why Invest in this superb property.
• Turnkey & Income Ready
• Dual-Rental Flexibility (Short-term & long-term options)
• Established Neighbourhood near the sea but tucked away from the bustle
• Solid Build with modern upgrades
• Proven Rental Appeal in a high-demand area
Whether you want to live in one apartment and rent the other, lease both for solid ROI, or create a multigenerational living setup, this superb property is a rare west coast opportunity that ticks all the boxes.
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Where is this property?
This Villa is located in Heywoods 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.