Character 10 bedroom Villa for sale with sea view in Holders Hill, Saint James
With its origins dating from the 17th Century, this charming plantation home is surrounded by ancient Mahogany trees and features an aesthetically pleasing mix of traditional English and Barbadian architecture.
Situated just a few minutes drive from the west coast and an impressive range of amenities, this superb villa boasts one of the Islands finest locations. To the east is the Green Monkey, Sandy Lanes most exclusive golf course; to the west, the Holders Polo Club, the first...
With its origins dating from the 17th Century, this charming plantation home is surrounded by ancient Mahogany trees and features an aesthetically pleasing mix of traditional English and Barbadian architecture.
Situated just a few minutes drive from the west coast and an impressive range of amenities, this superb villa boasts one of the Islands finest locations. To the east is the Green Monkey, Sandy Lanes most exclusive golf course; to the west, the Holders Polo Club, the first of its kind established in Barbados and one of the most prestigious polo clubs in the Caribbean. Located north of the popular and idyllic Paynes Bay Beach, the home is also within easy distance of Holetown's dining, shopping and nightlife activity, yet this private residence boasts a sense of privacy unmatched by the more populous developments and resort communities on the West Coast.
Accessed by a tree-lined drive that leads to another world entirely, the house has a layout which takes advantage of the easterly trade wind breezes and beautiful sea views can be enjoyed from the large coral stone sun deck and pool terraces, which also features a lovely dining gazebo with seating for 12.
The main house has a wraparound veranda with comfortable seating areas, a grand piano and views to the sea, an ideal location for watching the sunset with evening cocktail in hand or entertaining friends and relatives. There is ample living space and an air conditioned study; the open-air dining room comfortably seats 16. There are 5 en-suite double bedrooms with air conditioning and ceiling fans, as well as 2 additional bedrooms with a shared family bathroom. The master suites balcony commands a sweeping view over the West Coast and Caribbean Sea.
There are also 2 guest cottages; 1 with an en-suite bedroom and the other with 2 en-suite bedrooms.
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This Villa is located in Holders Hill 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.