Spacious 4 bedroom House for sale with sea view in Mullins Bay, Mullins, Saint Peter
The development boasts a collection of meticulously designed townhouses, in one of the quietest locations on the resort. It comprises of four spacious and elegantly appointed en-suite bedrooms, featuring well decorated furnishings, high-end finishes, and partial views of the turquoise Caribbean Sea from the upper floors.
There is a fully fitted and equipped kitchen and spacious and bright living and dining rooms.
The master bedroom occupies the entire upper floor and enjoys views...
The development boasts a collection of meticulously designed townhouses, in one of the quietest locations on the resort. It comprises of four spacious and elegantly appointed en-suite bedrooms, featuring well decorated furnishings, high-end finishes, and partial views of the turquoise Caribbean Sea from the upper floors.
There is a fully fitted and equipped kitchen and spacious and bright living and dining rooms.
The master bedroom occupies the entire upper floor and enjoys views of the Caribbean Sea. The two guest bedrooms on the first floor share a terrace which overlooks one of the two communal pools which as an owner and resident, you have access to. A gate leads directly from the ground floor terrace to a communal pool which is just one of the two communal pools which is an amenity only Phase 3 shares.
The second communal pool is an expansive freeform pool with a waterfall feature. These two pools which the property shares, are for exclusive use with 7 other townhouses in Phase 3. It is one of only four units which front onto the communal pool. A pristine white sandy beach is just steps away from the development, and the house has its own private plunge pool on the terrace.
Seashed Restaurant, Larry Rogers Beach Bar and and Restaurant are nearby. Explore the vibrant local culture by visiting the charming nearby Speightstown, indulging in shopping sprees, or immersing in the island's rich history and heritage.
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This House is located in Mullins Bay 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.