Income Potential 7 bedroom Villa for sale in Saint James, Saint James
This superb property is an opulent haven situated in the esteemed Queens Fort community, on Barbados' famed West coast. It greets guests with a sweeping bridge driveway that not only sets the tone for a luxurious retreat but is full of history, dating back to the 17th/18th century. Troops would enter Old Queens Fort, pass through Queens Fort Pavilion, lined with Royal Palms, cross the bridge, and proceed to The Old Queens Fort, which overlooked the Caribbean Sea.
Renovated in 2010...
This superb property is an opulent haven situated in the esteemed Queens Fort community, on Barbados' famed West coast. It greets guests with a sweeping bridge driveway that not only sets the tone for a luxurious retreat but is full of history, dating back to the 17th/18th century. Troops would enter Old Queens Fort, pass through Queens Fort Pavilion, lined with Royal Palms, cross the bridge, and proceed to The Old Queens Fort, which overlooked the Caribbean Sea.
Renovated in 2010, the property was rebuilt and extended to an exceptionally high standard, with ongoing development and meticulous maintenance over the years. The additions include a covered outdoor dining area, a bar, and a spacious storage shed. The entire plot is enclosed with solid walls and imposing gates, ensuring privacy and security.
The beautifully landscaped gardens are meticulously maintained, contributing to the property's charm. Recently, the property has benefitted from a new roof and various other upgrades, ensuring it remains in excellent condition
Upon entering the villa, the spacious Silver Suite awaits on the southern side, seamlessly flowing into a charming reception area, kitchen, and laundry facilities to the left. Guests can enjoy covered dining and al fresco dining on the terrace, creating a perfect setting for memorable meals.
The fully enclosed and air-conditioned media room offers a refreshing escape from the Caribbena heat, ensuring comfort during hot days on the island. The villa's four additional bedrooms are elegantly positioned along the western wing in the main house, providing ample accommodations for guests.
Outside, the highlight awaits with expansive outdoor and deck spaces ideal for sunbathing and leisurely pool days. A cosy 2-bedroom poolside cottage with a deck offers a charming retreat for additional guests, ensuring a comfortable and inviting stay for all. Discover the remarkable features of Queens Fort Pavilion, including a stunning pool, two convenient access points to Queens Fort and Old Queens Fort beaches, and a spacious pool deck surrounded by lush tropical palm trees. This tranquil setting provides a private and serene atmosphere for guests to unwind and enjoy moments of leisure.
Take a leisurely stroll along the lush beach path to reach the picturesque beach access point, where you can unwind and rejuvenate on the pristine coastline. The recently enhanced and protected beach offers a serene backdrop for relaxation, allowing guests to immerse themselves in the natural beauty of the island.
It presents a rare and perfect opportunity for a developer or purchaser looking to redesign parts of the luxury villa to reflect their own style and add a personal touch. With lush tropical surroundings and a serene atmosphere, this property offers the perfect canvas for customisation and creativity, making it an ideal choice for those seeking to make their mark on a luxurious retreat. There is planning permission for a second storey to be built or modified according to a purchaser's needs.
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This Villa is located in Saint James 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.