Stunning 2 bedroom Apartment for sale with panoramic view in Saint James, Saint James
Sugar Hill is gated and situated on the West Coast of Barbados. The resort is known for its luxury amenities and stunning surroundings.
This superb property is on the top-floor comprising of a living and dining room with fitted kitchen, two bedrooms and two bathrooms.
The property is an end unit. This offers added privacy and tranquility. It features a gorgeous roof terrace offering sweeping ocean views. This is a great spot to entertain guests or unwind amidst nature's splendour and soak up the ...
Sugar Hill is gated and situated on the West Coast of Barbados. The resort is known for its luxury amenities and stunning surroundings.
This superb property is on the top-floor comprising of a living and dining room with fitted kitchen, two bedrooms and two bathrooms.
The property is an end unit. This offers added privacy and tranquility. It features a gorgeous roof terrace offering sweeping ocean views. This is a great spot to entertain guests or unwind amidst nature's splendour and soak up the Caribbean sun. There are also cooling breezes up here.
There is a spacious terrace on the main floor which extends from the living room. It is another generous space for dining or lounging.
It also enjoys cool breezes and views of the exquisite resort. From both vantage points, residents are treated to views of the resort's lush surroundings.
Residents may enjoy all the luxuries of the Sugar Hill Resort which offers superb communal facilities. These include world-renowned tennis courts and a clubhouse with a refreshing swimming pool. There is also an onsite restaurant.
The Sugar Hill Resort is situated in a desirable location. It is close to all the amenities on the west coast, just a short 4-5 minute drive to the nearest beach and a short drive from Holetown which is the hub of the west coast. It offers duty free shopping, restaurants, bars and supermarkets. There are banks, cinemas and a medical centre and beautiful beaches in Holetown.
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This Apartment is located in Saint James 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.