Income Potential 4 bedroom Villa for sale with sea view in Glitter Bay, Saint James
Situated just minutes from Holetown in the vibrant community of Porters, St. James, this inviting property is designed as a multi-unit investment, offering three rental apartments. All of the units have unique layouts that maximise rental potential, providing flexible living spaces that cater to owners, guests, or renters.
Beautifully furnished and cost-effective to maintain, the property also includes access to the exclusive Royal Pavilion Beach Club - just on...
Situated just minutes from Holetown in the vibrant community of Porters, St. James, this inviting property is designed as a multi-unit investment, offering three rental apartments. All of the units have unique layouts that maximise rental potential, providing flexible living spaces that cater to owners, guests, or renters.
Beautifully furnished and cost-effective to maintain, the property also includes access to the exclusive Royal Pavilion Beach Club - just one of the many reasons this is an exceptional opportunity. With prime proximity to some of the island's best amenities and restaurants, including Lone Star, JuJu's, and Juma's, it truly stands out.
This fully enclosed property, with ample driveway space offers a unique investment on today's market.
Apartment One, on the ground floor, offers expansive indoor and outdoor living spaces. The one-bedroom suite boasts high ceilings and generous wardrobe space, creating a peaceful retreat.
The standout, however, is apartment Two. Accessible via a stunning 2,000 sq. ft. super loft, this unit can be rented as a three-bedroom or separated into a one-bedroom and a two-bedroom, connected by a spiral staircase - ideal for maximising rental income.
With large terraces, airy interiors, and its unbeatable West Coast location, this superb property is the perfect villa for investors, families looking for flexibility, or retirees who want to enjoy both a holiday home and a steady rental income.
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Where is this property?
This Villa is located in Glitter 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.