3 bedroom Villa for sale with sea and panoramic views in Saint Thomas, Saint Thomas
This house, has a mixture of ceramic tiles with clay tiles in certain sections; there are built-in cupboard in the kitchen at floor and shoulder levels; and built-in wardrobes in the bedrooms. The windows are fitted with burglar bars and some windows are protected with hoods and shutters. There are air conditioning units in place. The exterior is trowel plastic finished while the interior is painted.
Ground floor: entrance hall, living room, dining room, TV room, fitted kitchen, self-containing bedroom, bathroom, pantry, storeroom and powder room, garage, ...
This house, has a mixture of ceramic tiles with clay tiles in certain sections; there are built-in cupboard in the kitchen at floor and shoulder levels; and built-in wardrobes in the bedrooms. The windows are fitted with burglar bars and some windows are protected with hoods and shutters. There are air conditioning units in place. The exterior is trowel plastic finished while the interior is painted.
Ground floor: entrance hall, living room, dining room, TV room, fitted kitchen, self-containing bedroom, bathroom, pantry, storeroom and powder room, garage, 2 patios and attached carport.
First floor: self contained bedroom, further bedroom and a bathroom.
- Infinity swimming pool
- Stunning panoramic views towards the sea
- Quiet residential area
- Large covered terrace
- Mix of ceramic and clay tiles
- Positioned on a ridge
- Gated gardens
- Garage
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This Villa is located in Saint Thomas 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.