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Mike Braunholtz
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Reference 197325

5 bedroom Villa for sale with sea view in Saint George, Saint George

1,350,000 USD
1,255,500 EUR 1,066,500 GBP
Contemporary and unique 5 bedroom villa, located in the Saint George area of Barbados, which has been custom-built to the highest of standards using high quality fixtures and fittings, with a total living area of 604m2, set within beautifully landscaped gardens.

Situated in a commanding an impressive setting on a ridge in the heart of rural Barbados, with incredible views of the rolling countryside and towards the sea in the distance and benefiting from refreshing easterly breezes.

The contemporary design allows for a fresh and original approach, creating clean and sophisticated living areas where light, space and airiness serve as main influences. The upper floor is linked with a system of bridges and walkways. Each bedroom has a private courtyard or terrace. Family and entertaining spaces are featured throughout the home, where marble floors, high ceilings and floor to ceiling windows create an elegant, yet relaxed environment.

Features

Reference197325
Price1,350,000 USD
Number of Bedrooms
Bedrooms
5
Number of Bathrooms
Bathrooms
5
Floor Space in Metres Squared
Floor Space
604.0m2
Land Size in Metres Squared
Land Area

Location

Where is this property?

This Villa is located in Saint George in Barbados

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Airports near Saint George

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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.