Immaculate 6 bedroom Villa for sale in Sandy Lane, Saint James
This attractive property is enclosed with fencing and gates. The long driveway leads to a covered portico and a two car garage.
It boasts 5 bedrooms with en suite bathrooms and walk in wardrobes in the main house. The main floor comprises of the main foyer area, a spacious living area which opens up to an immaculate covered patio which has an indoor/outdoor living room and a large dining area. It also has a beautiful kitchen and laundry facilities whic...
This attractive property is enclosed with fencing and gates. The long driveway leads to a covered portico and a two car garage.
It boasts 5 bedrooms with en suite bathrooms and walk in wardrobes in the main house. The main floor comprises of the main foyer area, a spacious living area which opens up to an immaculate covered patio which has an indoor/outdoor living room and a large dining area. It also has a beautiful kitchen and laundry facilities which lead out to the garage.
Two large bedrooms with en-suite bathrooms are on this level that look out to the pool.
The second level comprises of the left wing which has 2 bedrooms with en suite bathrooms and looks out to a covered balcony that overlooks the pool. On the right wing is the master bedroom with 2 en-suite bathrooms and walk in wardrobes for his/hers. It also has a private patio that overlooks the pool.
There is also a very cosy self contained Cottage which looks onto the large pool and the mature gardens with a covered patio.
There are many amenities in this area such as high end shopping, International golf courses not to mention the beautiful Sandy Lane Hotel and the relaxing beaches of the west coast.
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This Villa is located in Sandy Lane 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.