New Build 1 bedroom Apartment for sale in Moontown, Saint Lucy

316,000 USD 319,160 EUR 278,080 GBP

Reference: 239451

Bedrooms: 1
Bathrooms: 1
Swimming Pool
Fishing amenities on-site

Details

This is a one bedroom apartment within a new development in Moontown, an unspoilt fishing village with a stunning beach in a gently elevated West Coast.

The properties are currently being sold off plan, and some have already been reserved. Built to high specifications, the 26 properties come with Caribbean Sea views, luxury and style. This is a private and tranquil development, just a 90 second walk from the beach.

There are 1 bedroom, 2 bedroom and 3 bedroom options and ownership is freehold. There is unrestricted personal use. Beach club membership is available. If you wish to rent out your property, it can simply be added to the rental pool.

Moontown is a delightful area on the north west coast of Barbados. It is also not far from Fishpot restaurant. The area is lively but laid back. It is unspoilt and very much full of character. Set on a small cliff Moontown appears to be very unassuming. It is a typical village with a little shop, set among a few traditional chattel houses and other cheerful modern dwellings. There is a also a fish market and Merton's place (an open-air restaurant), and St. Elmo's Supermarket with a bakery, bar, restaurant and hardware.
True Barbadian culture. Below the cliff on which the fish market stands is an almost forgotten beach. This may be accessed from the main road. As with most beaches in Barbados it is spectacular

A way to enjoy a relaxed way of life in a great location. ideal for the Caribbean lifestyle and balmy weather.

Features:
Beach Club Membership
Caribbean Sea Views
Close to Amenities
Close to Beach
Close to Restaurants.

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Barbados Property Buying Guide

Guide to the Barbados Buying Process

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.