Luxury 3 bedroom Villa for sale in Gibbs, Saint Peter
This superb property is situated in an exclusive, intimate, luxurious residential boutique Development, designed by renowned architect Michael Gomes. It is set amongst two acres of lush, tropically landscaped gardens, located in the heart of the Platinum West Coast, only a few moments from the secluded, white sandy beaches of Gibbs. With a hint of influence from Balinese architecture it also combines modern living with classic coral stone elegance.
Finishes, each complementing the other, inclu...
This superb property is situated in an exclusive, intimate, luxurious residential boutique Development, designed by renowned architect Michael Gomes. It is set amongst two acres of lush, tropically landscaped gardens, located in the heart of the Platinum West Coast, only a few moments from the secluded, white sandy beaches of Gibbs. With a hint of influence from Balinese architecture it also combines modern living with classic coral stone elegance.
Finishes, each complementing the other, include beautiful cedar, mahogany, marble, granite, travertine all together produce a natural, stylish, and classically contemporary living space.
This property is spread over two levels of living space on 288m2. The ground floor has a spacious, flowing open plan design with a third en-suite bedroom, fitted kitchen, ample living and entertainment space, leading into an intimate, covered seated terrace and directly to outside dining, all tucked amongst dense tropical gardens with a traditional 6ft Swedish hot tub.
The first floor boasts a multi-functional family area and two large en suite bedrooms with balconies overlooking the well-landscaped and lush gardens.
This gated, residential community includes state-of-the-art appliances, remote security systems and networking capabilities. This resort also features a large swimming pool with three waterfalls, a gazebo and beach area where residents can soak up the brilliant year-round sunshine in a tranquil and peaceful location.
There is also ample parking (two per villa plus visitor's parking), assigned driveways (accessed by two separate entrances for each set of the villas), Lutron lighting and wireless alarm systems as standard.
This superb property is within a five-minute walk (accessed via a semi-private pathway) to one of the finest secluded beaches on the West Coast.
For those owners wishing to generate income, a full rental service can be offered throughout the year, on either a short- or long-term basis.
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This Villa is located in Gibbs 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.