New Build 3 bedroom Villa for sale in Holetown, Saint James
This small, well appointed development is located on the West Coast of Barbados, just a stone's throw away from the beach and close to the many amenities of the island's beautiful West Coast.
The villas are nestled directly opposite the lovely Alleyne's Bay Beach and within a minute's walking distance from the Lone Star Hotel and Restaurant. Just steps away from the property is a vast beach of soft white sand. The waters here are ideal for snorkelling, bathing and water sports.
It is just a short drive to Holetown, the hub of the West Coast with an ...
This small, well appointed development is located on the West Coast of Barbados, just a stone's throw away from the beach and close to the many amenities of the island's beautiful West Coast.
The villas are nestled directly opposite the lovely Alleyne's Bay Beach and within a minute's walking distance from the Lone Star Hotel and Restaurant. Just steps away from the property is a vast beach of soft white sand. The waters here are ideal for snorkelling, bathing and water sports.
It is just a short drive to Holetown, the hub of the West Coast with an array of amenities. These include duty free shopping, a supermarket, banks, restaurants and a medical centre.
This new phase of the development offers the discerning buyer the opportunity to invest at an early stage. Buyers will also have the chance to become involved in the configuration of the property they are purchasing. These villas were released in two phases. The first phase consists of two three-bedroom villas. All the villas in phase 1 have now been sold and are completed. This second phase is available to reserve now. It will comprise an additional building identical to Phase 1 with two further 3 bedroom, 3 storey villas with outdoor terrace and Pool. Unit 3 has been reserved. Unit 4 is available to purchase.
Construction is due to start very soon.
The development will be gated. It's entrance will be via a private road to the north of the property. There will be private parking.
Sea views will be available from the upper floors.
A flexible and variable design allows early prospective buyers the choice of customising their own internal layout.
All units enjoy high-end contemporary finishes.
The schedule of finishes is available upon request.
Buyers benefit from an optional staged payment schedule.
Early buyers may also be involved in the ultimate design and finishes.
Stage payment proposal as follows: A deposit of US$5,000 to reserve the unit of your choice for 30 days until you sign the Sales agreement15% on signing the Sale Agreement (less above deposit).25% upon completion of 25% of the construction (QS certificate will be furnished).25% upon comupon completion of 50% of the construction (QS cert).25% upon comupon completion of 75% of the construction (QS cert).10% on legal transfer of title.
Detailed information on this reputable and well established development team can be provided upon request.
Additional information on the schedule of finishes are also available on request.
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Where is this property?
This Villa is located in Holetown 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.