Exclusive 2 bedroom Penthouse for sale with sea view in The Crane Resort, Diamond Valley, Saint Philip

1,300,000 USD 1,313,000 EUR 1,144,000 GBP

Reference: 224555

Bedrooms: 2
Bathrooms: 2
Floor Size: 116 m2
Work Required: None
Swimming Pool
Parking space(s)
Tennis Court

Details

Situate in the prestigious Crane resort in the Diamond Valley area of Saint Philip, this bright and spacious and luxurious 2 bedroom penthouse apartment has a total fully furnished living area of 116m2.

Set within one of the newest buildings, features include 2 bedrooms, a covered patio and rooftop terrace with sea views and a private pool. It has its own private lift from the underground parking as well as to the roof deck.

Residents of The Crane Resort enjoy all of the amenities and services expected of one of the worlds premier resorts. With superb local and international cuisine in one the resorts with 4 award-winning restaurants, 2 historic bars and there is shopping, entertainment and more in the village.

Other features include spectacular cascading swimming pools as well as its spa, tennis and fitness facilities.

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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.