5 bedroom House for sale with sea view with Income Potential in Saint Peter, Saint Peter
This exceptional property offers ultimate privacy and high-end living just minutes from the island's most desirable beaches. It is situated in a private, exclusive area near Gibbs Beach and Mullins Beach, as well as top attractions like Sea Shed restaurant, Singita Wellness Spa, and Haymans Market.
Unlike homes in gated communities, this one has no costly homeowner fees while still offering security and tranquility.
Perched on a beautiful ridge in St Peter, this home offers uninterrupted sea views and enjoys r...
This exceptional property offers ultimate privacy and high-end living just minutes from the island's most desirable beaches. It is situated in a private, exclusive area near Gibbs Beach and Mullins Beach, as well as top attractions like Sea Shed restaurant, Singita Wellness Spa, and Haymans Market.
Unlike homes in gated communities, this one has no costly homeowner fees while still offering security and tranquility.
Perched on a beautiful ridge in St Peter, this home offers uninterrupted sea views and enjoys refreshing easterly breezes that naturally cool the interiors. Future development in the area is limited due to the surrounding protected gulley, ensuring your privacy and maintaining the stunning landscape.
Built in 2010, this Barbados luxury home features open-plan living and dining spaces with high ceilings and expansive ocean views, a fully equipped kitchen with an enclosed kitchen garden, and four large
en-suite bedrooms on the ground floor, including two primary suites with pool deck access.
There is a private loft space - ideal for a home office, additional bedroom, or relaxation area, and a separate guest or staff apartment, laundry room, and formal office on the lower level.
The spacious pool deck is designed for relaxation and entertainment, featuring a large swimming pool with ample space for sun loungers.
There is a covered gazebo for outdoor dining and a barbecue area.
It is fully furnished and ready to move-in to, making it a seamless transition for those looking to relocate or invest in a Barbados real estate opportunity.
For buyers looking to customise and expand, the home comes with two architectural re-modelling plans by renowned architect Peter Inston:
Option 1: Convert the loft into an additional en-suite bedroom, add a gym and spa on the lower floor, and build a 1,750 sq. ft. guest cottage (no planning permission required).
Option 2: Expand the home to 15,000 sq. ft., modernise the exterior, and maximise luxury living (no permission required). Additional land is available, allowing for the construction of a guest house with a private pool.
With its prime location, luxury amenities, and expansion potential, this superb property is an excellent investment for those looking to own a prestigious home in Barbados. Whether you're seeking a private island retreat, a vacation home, or a high-end rental property, this villa offers exceptional value and long-term potential.
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This House is located in Saint Peter 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.