Large Teaser
Reference256548
Price850,000 USD
Bedrooms8
Bathrooms7
Floor Space344.0m2
Land Area1,022.0m2

Income Producing 8 bedroom Villa with Apartments for sale in Christ Church, Christ Church

850,000 USD
816,000 EUR671,500 GBP
Excellent investment opportunity in Dover, Christ Church, just a short walk from the beach and the popular St. Lawrence Gap.

This spacious 8 bedroom property is a well-maintained multi-unit property perfect for rental income.
This versatile property offers a variety of units for both short- and long-term stays, making it a great addition to any real estate portfolio in Barbados.

Property Features:
Location: Prime location in Dover, Christ Church, within walking distance of the beach and St. Lawrence Gap.

Garden: Lush garden with mango, coconut, and banana trees.

Patio: Spacious patios overlooking the garden on both levels for outdoor relaxation.
Excellent investment opportunity in Dover, Christ Church, just a short walk from the beach and the popular St. Lawrence Gap.

This spacious 8 bedroom property is a well-maintained multi-unit property perfect for rental income.
This versatile property offers a variety of units for both short- and long-term stays, making it a great addition to any real estate portfolio in Barbados.

Property Features:
Location: Prime location in Dover, Christ Church, within walking distance of the beach and St. Lawrence Gap.

Garden: Lush garden with mango, coconut, and banana trees.

Patio: Spacious patios overlooking the garden on both levels for outdoor relaxation.

Units:

Two Self-Contained Studio Apartments

One One-Bedroom Apartment with kitchen and bathroom

One Two-Bedroom Apartment with open-plan kitchen, living area, and en-suite bathrooms

One Three-Bedroom Apartment with open-plan kitchen, living area, and two bathrooms

Additional Features:
Air Conditioning in the bedroom of one studio and in the one-bedroom unit.
Fully Furnished except for the two-bedroom unit, which includes appliances only.

Investment Highlights:
Great potential for rental income in a sought-after location.
Ideal for short-term and long-term rentals.
Prime location for visitors seeking proximity to the beach and vibrant St. Lawrence Gap.

Contact our Property Expert
Rebecca

Rebecca Ludlow

UK Office: +44 (0)1935 817188

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Features

Fees Paid By Seller
It does not cost you anything to purchase this property through us
Parking
Has vehicle parking
Walk to Beach
Beach is easily walkable
Terrace
Terraced outside space
Balcony
1 or more balconies
Garden
Has landscaped garden space
Build Pool
Has space to build a pool
Air Conditioning
Existing in one or more rooms
Multiple Dwellings
Includes 2 or more habitable buildings
Potential for Income
Existing or suitable conditions for income
Rentable Accommodation
Gite, B&B, guest room or other space suitable for rent income
Walk to Amenities
Shops and other amenities within easy walking distance
Contemporary Style
Modern style
Good Condition
May Require Improvement
May require cosmetic or structural work

Location

Where is this property?

This Villa is located in Christ Church in Barbados

For security, the map shows the nearest town or village. Please get in touch for full details.

Search Location

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Airports near Christ Church

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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.