Beautiful 7 bedroom Villa for sale with panoramic view in The Crane Resort, Diamond Valley, Saint Philip

1,450,000 USD 1,348,500 EUR 1,145,500 GBP

Reference: 246254

Bedrooms: 7
Bathrooms: 6
Floor Size: 723 m2
Plot Size: 1.05 hectares / 2.59 acres

Features

Terrace
Garden
Fruit Trees
Private Pool
Original Features
Possible Extra Dwellings
Outbuildings
Potential for Income
Panoramic View
Quiet Area
Parking
Walk to Beach
Walk to Amenities
Traditional Style
Good Condition

Details

Immaculately presented throughout, this superb 7 bedroom historic home, which dates back to circa 1712, has large thick coral stone walls and bags of character.

The property sits within an estate of 2.47 acres and is surrounded by tropical gardens, a true haven of serenity.

The estate includes a main house with 3 bedrooms and 3 bathrooms, plus a lovely self-contained guest cottage with a further 3 en-suite bedrooms. There is also an annexed 1 bedroom villa which is set over 2 levels.

The property provides the perfect setting for celebrations and gatherings. Its character reception rooms flow seamlessly onto open terraces. Beyond is a private swimming pool. There is also the old sugar mill, enchanting gardens and tranquil views of the Caribbean Sea.

A garden chattel provides changing rooms and facilities to accommodate weddings and events. Such events are regularly held at the house. This property offers bags of commercial opportunity if a new owner desires.

This property is a truly special offering which is sure to delight its viewers.

The estate is bordered by sugar cane fields. It benefits from easy access to the airport.

The Crane Resort and Six Roads Development are situated a short distance away. Also a short distance away is a range of shopping, banking and service amenities.

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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.