Character 8 bedroom Villa for sale with countryside view and panoramic view in Saint George, Saint George
Updated to an extremely high specification, whilst retaining the charm and character of the original estate, this Plantation style estate comprises of the main home boasting 6 bedrooms and 5.5 bathrooms, a cottage which rents well for holiday rentals with 2 bedrooms and 2 bathrooms. There is also a 1 storey office (originally the old boiler house) which has been equipped with high technology to support an International office, with lots of space including a grand boardroom.
Some of the main features ...
Updated to an extremely high specification, whilst retaining the charm and character of the original estate, this Plantation style estate comprises of the main home boasting 6 bedrooms and 5.5 bathrooms, a cottage which rents well for holiday rentals with 2 bedrooms and 2 bathrooms. There is also a 1 storey office (originally the old boiler house) which has been equipped with high technology to support an International office, with lots of space including a grand boardroom.
Some of the main features include Italian kitchens with top of the range subzero appliances and wolf hob and oven. A fully equipped gym. The roof which was completely redone in 2011 along with the stunning renovated windmill with spectacular country views from the top. The most recent addition is the the amphitheatre which can hold up to 140 people.
There are also beautifully landscaped gardens, outside terrace, salt water swimming pool and a built-in barbecue area.
This home is ideal for entertaining and events oozing charm and sophistication.
Beautifully furnished throughout with antique pieces that are fitting for this style home.
The owners have chickens, turkeys, bee hives, as well as a huge vegetable patch and fruit trees, which provides home grown produce accounting for 60% of what they eat.
This truly is a unique find and must be viewed to be appreciated.
Furnishings: appliances only.
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This Villa is located in Saint George 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.