Furnished 6 bedroom Villa for sale in Lower Carlton, Saint James
This immaculately maintained residence comprises circa 557m2 and features 4 bedrooms in the main house and a fully self-contained 2 bedroom cottage.
In the main house, the kitchen is a chef's dream with a double oven and ample counter space. The living area opens on to a large covered patio - perfect for dining and entertaining - with stunning views out to sea. All bedrooms are en-suite with the master offering his and hers vanities, a large walk-in closet and Jacuzzi bath. This bathroom can also be turned into a steam room.
The cottage features an open plan layout with a full kitchen, separate living area and private patio.
The outdoor deck and heated swimming pool are nestled within the lush gardens and feature a wet bar and gazebo, an ideal area for relaxing.
The property has a large generator that will power the house in the event of any bad weather, two water tanks - 1,000 gallons each, a water softener, full irrigation system, electronic gates, alarm system and sound system. There is air conditioning not only in the bedrooms, but also in the kitchen and living room.
Fully enclosed with manicured gardens and beautiful flowering plants and trees, this property is being offered fully furnished and equipped.
Features
Fees Paid By Seller
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This Villa is located in Lower Carlton 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.