Saint Philip Barbados Property For Sale
Area GuideProperty Buying Guide

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6 properties
Project Land for sale in Bottom Bay, Saint Philip
Ref 246747
Ideal development opportunity in an exclusive location with stunning views and cool breezes. The perfect location for a dream home, set in just over an acre of land located close to from Bottom B...
900,000 USD
Beautiful 7 bedroom Villa for sale with panoramic view in The Crane Resort, Diamond Valley, Saint Philip
Ref 246254
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...
1,450,000 USD
Bright 4 bedroom Villa for sale with sea view in Ocean City, Saint Philip, Saint Philip
Ref 242272
This stunning 4 bedroom 6 bathroom sea front property is ideally situated within the scenic south eastern neighbourhood of Ocean City, in the Saint Philip area of Barbados. The property is split ...
980,000 USD
Stylish 4 bedroom Villa for sale with sea view in Green Point, Saint Philip, Saint Philip
Ref 239368
Enjoying breathtaking sea views from its peaceful location on a cliff at Green Point, St. Philip, is this charming 2 storey 3 bedroom villa with separate studio and garden. On the first floor is a...
890,000 USD
Exclusive Plot of land for sale with panoramic view in Bottom Bay, Saint Philip
Ref 229965
Located in an exclusive area near the beach and enjoying stunning panoramic views, is this 4,653m2 plot of land. The perfect location for a dream home. Just over 1 acre of land situated near Bott...
900,000 USD
2 bedroom Apartment for sale with sea view in The Crane Resort, Diamond Valley, Saint Philip
Ref 197623
Spacious and beautifully presented 2 bedroom apartment, situated in one of the best locations within a prestigious golfing resort, with spectacular sea views and making the most of the breezy trad...
1,349,000 USD

Area Guide

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.

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