Immaculate 5 bedroom Villa for sale in Sandy Lane Estate, Saint James, Saint James

8,500,000 USD 8,585,000 EUR 7,480,000 GBP

Reference: 239277

Bedrooms: 5
Bathrooms: 6
Floor Size: 1,347 m2
Swimming Pool
Balcony
Air Conditioning
Gym
Garage(s)
Parking space(s)

Details

Rare opportunity to acquire a spectacular 5 bedroom villa with amazing indoor pool, set in over an acre of beautiful tropical landscaped gardens with expansive outdoor pool, ideally located near the beach, golf and all amenities in a peaceful area of the prestigious Sandy Lane Estate in
Saint James.

This is a unique property that has been built to the highest standards, situated in one of the most prestigious areas of Barbados, offering approximately 1,347m2 of living space.

Ingenious designs are implemented to optimise its location. The sun rises at the back of the house over the golf course next door and sets at the front over the Caribbean Sea.

The master bedroom suite is well in excess of 92m2 and has its own balcony, an outside shower and bath tub, 2 walk in wardrobes, a large bathroom, and an exercise room with a sauna. The property has 4 additional bedrooms all with en-suite bathrooms and walk in wardrobes.

The living spaces include a very large and beautiful fitted kitchen, a media room, 2 offices and a large music studio. The music studio could easily be converted to a games/leisure room or another master bedroom suite.

Its ecologically sound design makes use of the latest LED lighting and there is solar powered water heating and solar electric generation. This, coupled with innovative rain water collection for irrigation, keeps the property sustainable. It ensures that the landscaped gardens are lush and vibrant all year round.

Occupiers of this stunning property may access the Sandy Lane Estate beach club which is just minutes away. They may also use the tennis courts on the Sandy Lane estate.

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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.