4 bedroom Villa for sale in Sandy Lane, Saint James

8,000,000 USD 8,080,000 EUR 7,040,000 GBP

Reference: 201211

Bedrooms: 4
Bathrooms: 4
Floor Size: 725 m2
Plot Size: 0.54 hectares / 1.33 acres
Work Required: None
Swimming Pool
Lake, River or Pond
On or Near Golf Course

Details

Beautifully presented and elegant 4 bedroom villa, with a spacious total living area of 725m2, set within a large tropical plot of 5,382m2, located within the prestigious Sandy Lane Estate in St James.

Completed in 2006, this superb villa, which was built to exacting standards, features:
Ground floor: main reception room with access onto a covered veranda which leads to the infinity-edged swimming pool and which is connected to the dining room by a bridge over a koi pond. The dining room is open on 2 sides and features a gorgeous dining table which has been carved from local coral stone. 2 guest bedrooms with en-suite bathrooms and a TV room. Bespoke fully equipped kitchen with dining area; 4th bedroom in the pool house which provides an additional dining option.

Lower level: spacious laundry room, staff quarters and a large storage room. This area could be converted to a gym or media room if desired.

- Professionally landscaped gardens
- Unique and one-of-a-kind property
- Immaculately maintained throughout
- Infinity swimming pool

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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.