Spacious 2 bedroom Apartment for sale in Saint James, Saint James
Situated in the residential area of Porters, it offers a tranquil retreat in a gated adult oriented community.
It is a short drive to Holetown, the hub of the west coast where there are many amenities including Limegrove and Massy Supermarket, banks, cinemas and a medical centre, plus a beautiful beach.
This property is one of six apartments which are distributed on both the top and ground floors. Its north-east top-floor corner position is ideal and allows cool breezes to flow through all rooms.
Both spaciou...
Situated in the residential area of Porters, it offers a tranquil retreat in a gated adult oriented community.
It is a short drive to Holetown, the hub of the west coast where there are many amenities including Limegrove and Massy Supermarket, banks, cinemas and a medical centre, plus a beautiful beach.
This property is one of six apartments which are distributed on both the top and ground floors. Its north-east top-floor corner position is ideal and allows cool breezes to flow through all rooms.
Both spacious bedrooms feature en-suite bathrooms and are air conditioned. There are also lovely French doors opening to a charming terrace.
It is particularly well designed with a bright, modern fitted kitchen and spacious living and dining room which extends gracefully to a covered terrace. The thoughtfully expanded terrace offers additional living and dining space. It is a perfect spot for enjoying a meal.
Just down the stairs is easy access to the central courtyard with a shared pool and sun loungers.
This is a lovely West Coast residence offering a balance of convenience and coastal living. Its close proximity to amenities is a key feature.
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Where is this property?
This Apartment is located in Porters 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.