6 bedroom House for sale with sea and panoramic views in Apes Hill, Saint James

5,800,000 USD 5,394,000 EUR 4,582,000 GBP

Reference: 239410

Bedrooms: 6
Bathrooms: 5
Plot Size: 4.25 hectares / 10.5 acres

Features

Panoramic View
Outstanding View
Private
Quiet Area
Parking
Turnkey
Good Condition
Golf Resort or Nearby
Air Conditioning
Possible Extra Dwellings
Potential for Income
Sea View

Details

Great opportunity to purchase a large 10.5 acre plantation located in a quiet setting in Apes Hill, with stunning views overlooking the west coast with expansive views towards the sea.

Situated on one of the highest points of the island, just outside Apes Hill Club, on hole number 2 of the golf course.

The plantation dates back to the mid 1600's and today has 4 bedrooms and 2.5 bathrooms. It benefits from the cooling trade-winds, which makes air conditioning a luxury and not a necessity. The main house is all on one floor except for the kitchen and laundry. These are downstairs. The thick rubble walls keep the house cool on the hottest of days.

There are 2 other homes on the property, 1 of which is a converted boiling house with 2 bedrooms and the other is a studio apartment which sits amongst the mahogany Tree grove in the paddock.

There are a few other old buildings which lend themselves to being converted into further accommodation and 2 old mill walls. 1 of the buildings is an old windmill that worked until 1939, it was then converted into a white lime kiln. The other is a water mill and is the only one like it on the island.

The home is furnished with beautiful antiques and can be sold furnished.

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Barbados Property Buying Guide

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.