Beachfront 3 bedroom Apartment for sale with sea view in Speightstown, Saint Peter
Conveniently positioned on the West Coast within the Schooner Bay Development, this superb property boasts views of the pool, tropical garden, and the stunning Caribbean Sea.
With a spacious layout spanning 309m2, it features three air-conditioned bedrooms, each with its own en-suite bathroom. The master bedroom, situated on the upper level, boasts a wrap-around terrace offering panoramic views of the sea and surrounding landscape. Additionally, one of the bedrooms...
Conveniently positioned on the West Coast within the Schooner Bay Development, this superb property boasts views of the pool, tropical garden, and the stunning Caribbean Sea.
With a spacious layout spanning 309m2, it features three air-conditioned bedrooms, each with its own en-suite bathroom. The master bedroom, situated on the upper level, boasts a wrap-around terrace offering panoramic views of the sea and surrounding landscape. Additionally, one of the bedrooms includes twin beds that can be arranged individually if desired.
With only four floors in the building and accessible by an elevator, this penthouse features higher ceilings, creating an airy ambience throughout. The expansive covered terrace on the main level extends from the living room, showcasing picturesque sea views and providing ample space for family gatherings, enjoying evening cocktails, or simply unwinding in a serene setting.
Schooner Bay provides residents with access to a shared pool, gym, 24-hour security, and a gated entrance for added safety and convenience.
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This Apartment is located in Speightstown 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.