Large Teaser
Reference251849
Price1,100,000 USD
Bedrooms4
Bathrooms3
Floor Space325.0m2
Land Area2,316.0m2

Income Producing 4 bedroom Villa for sale with sea view in Speightstown, Saint Peter

1,100,000 USD
1,023,000 EUR880,000 GBP
Nestling in over half an acre of tropical lush gardens with pool, is this charming 4 bedroom historical villa enjoying panoramic ocean views from its peaceful location near Speightstown.

Perched on a ridge overlooking the beautiful West Coast of Barbados, this timeless property offers a perfect blend of traditional Caribbean charm with all the modern conveniences and style one can expect from a top-tier holiday home.

It's situated just minutes from Speightstown, where there is an array of delightful bars and restaurants, and within a short drive to the world-class beaches of Mullins and Port St. Charles.

Each of the four spacious bedrooms has its own distinct character...
Nestling in over half an acre of tropical lush gardens with pool, is this charming 4 bedroom historical villa enjoying panoramic ocean views from its peaceful location near Speightstown.

Perched on a ridge overlooking the beautiful West Coast of Barbados, this timeless property offers a perfect blend of traditional Caribbean charm with all the modern conveniences and style one can expect from a top-tier holiday home.

It's situated just minutes from Speightstown, where there is an array of delightful bars and restaurants, and within a short drive to the world-class beaches of Mullins and Port St. Charles.

Each of the four spacious bedrooms has its own distinct character, featuring thick walls, attractive Jalousie-style windows, and a mix of purple heart dark wood and limestone floors. For added comfort, all bedrooms are equipped with both ceiling fans and air conditioning. The three modern bathrooms are finished to a high standard, perfectly balancing traditional charm with contemporary luxury.

The villa's numerous internal and external reception areas make it an entertainer's dream. Step outside and you'll be greeted by breathtaking ocean and sunset views from two gorgeous pavilions-one for dining and the other for lounging. The limestone pool deck features four comfortable sun loungers. For those seeking shade, several cosy outdoor areas offer a cool retreat. The home's inviting pool area is perfect for relaxing or entertaining. With this serene backdrop, it's easy to see why this property is thoroughly enjoyed by its visitors and renters.

Originally built nearly 200 years ago, The Old School House has been tastefully updated while maintaining its historic charm. It even retains its original cellar with a liquor room and brick bread ovens, adding a unique touch to its storied past.

If you're looking for a unique piece of Barbadian history with modern luxury and unbeatable views, The Old School House is the perfect fit. It presents not only an excellent investment opportunity as it has a solid track record for rental success, and property viewings can be scheduled between bookings.

A full breakdown of expenses, as well as a full walk-through video can be provided upon request.

This is a chance to own a unique piece of Barbadian history in a prime location.
Contact our Property Expert
Rebecca

Rebecca Ludlow

UK Office: +44 (0)1935 817188

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This Villa is located in Speightstown 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.