Beautiful 3 bedroom Villa for sale in Belair, Saint Philip
The spacious 242m2 property is approached via a beautiful plant-filled enclosed courtyard in pristine condition all year-round and ideal for relaxing. The setting provides great privacy and is lush and verdant, featuring a large swimming pool and pool deck. The pool area has been newly renovated and is a tranquil oasis. There is also a charming pool house. The grounds feature a meticulously maintained irrigation system keeping all the lawns, plants, and flowers looking beautiful all year round.
The ground flo...
The spacious 242m2 property is approached via a beautiful plant-filled enclosed courtyard in pristine condition all year-round and ideal for relaxing. The setting provides great privacy and is lush and verdant, featuring a large swimming pool and pool deck. The pool area has been newly renovated and is a tranquil oasis. There is also a charming pool house. The grounds feature a meticulously maintained irrigation system keeping all the lawns, plants, and flowers looking beautiful all year round.
The ground floor offers a large open-plan living, dining, and kitchen area. Just off the kitchen is a guest wc, laundry room and service room. This then leads to a fully enclosed two-car garage with automatic doors. Additionally, there is an expansive covered terrace overlooking the pool and gardens, ideal ideal for dining and entertaining.
On the first floor is the large main bedroom and bathroom. These rooms are well-ventilated with high ceilings and a balcony and a flow of tropical breezes passing through. The balcony enjoys magnificent ocean views by day and night.
A nearby footpath, just steps from the property, leads to the renowned Sharks Hole Beach.
This property is just a two-minute drive from the new Wyndham Resort, the former The Sam Lords Castle, which offers restaurants and other amenities.
The property is also just a 10-minute drive to the airport and Six Roads, the main amenities hub in St. Philip.
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This Villa is located in Belair 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.