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Barbados Properties For Sale

Welcome to HomesGoFast.com one of the worlds leading overseas property web sites We have a huge selection of  Barbados properties for sale. We pride ourselves in putting international investors and overseas home buyers looking for second home in Barbados together with some of the best real estate Barbados has to offer. We have a great selection of Barbados property starting from off plan apartments to Millionaire homes situated on the West Coast of Barbados. Holiday homes are particularly attractive to those who love to visit Barbados as they can generate a good income and also be used when you visit the island.

Find property in Barbados

Property in Barbados

Investment Real Estate in Barbados

Barbados has long been considered a leader in the Caribbean both for the Tourism market and as a preferred destination for International Businesses. The marrying of these two sectors has created an extremely lucrative Real Estate segment for the local economy including Sales, Long and Short Term Rentals and Property Management.

Barbados Investment Property For Sale

The Penthouse Apartment in Barbados

The Penthouse apartment is a luxurious three bedroom three bathroom apartment overlooking the beach at Mullins, one of the most sought after areas on the exclusive platinum, west coast of Barbados. The property offers stunning views over the Caribbean from both the shaded, lower terrace and the upper sun-terrace, which also includes an indulgent spa pool.The lower terrace affords comfortable, cool, alfresco dining, whilst retaining the views of the beautiful turquoise sea.The table seats six and is accompanied by a barbecue grill and 30-bottle, wine fridge.

Click to enlarge

Living area	Sea views from terrace

Business Opportunity

The owners have let this property as a holiday home , accounts are available that confirm that these apartments generate a good income .

Property particulars
The property is being sold furnished and complete as it stands it is ready to rent or move into. The property has the advantage of being freehold and owned by a British Virgin Island Company. It is the company that is being sold which has many advantages for an overseas buyer.

Price
The total price for the company is U.S. Dollars 1,600,000 ( one point six million US Dollars)

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Barbados Property Sales

The trend in Barbados Real Estate speaks for itself – over the last three decades values have continued to rise steadily and this movement is expected to continue well into the future.

The Barbadian Real Estate product is wide and varied – probably the most sought after spots are beachfront locations on the Platinum Coast (the West Coast) of the island. Property values on the West Coast of Barbados have soared recently due to the completion of the fantastic Sandy Lane Hotel; the development of such projects as Villas On The Beach, Schooner Bay and The Sands; and the truly spectacular villas on the coast. It is definitely the place to be and to be seen.

Resort developments on the island have become an increasingly popular option for purchase – they offer gated communities, varied communal facilities (swimming pool, gym, bars, restaurants and marinas), as well as unique investment opportunities. Developments such as Royal Westmoreland with its Robert Trent Jones Jr. championship golf course; the Tennis Village located at Sugar Hill, a David Lloyd Resort Community; and Port St. Charles with its spectacular residential marina development, are but a few examples of the high quality communities available on the island.

Many purchasers have begun to turn towards the Barbadian countryside. With limited land available for purchase on the seaside, traditional Barbadian plantation houses and country villas have become increasingly sought after.

If you are considering the purchase of a property in Barbados, not only can you look forward to appreciating values, you can also put your property onto the short-term rental market to be let to holiday-makers when you are not in residence.

Buying property in Barbados

There is no restriction preventing non-nationals to purchase property in Barbados, however, here are a few guidelines for potential purchasers:

• As a formality, a non-national must acquire permission from the Central Bank of Barbados.
• The property vendor is liable to pay a Property Transfer Tax of 2.5% of the purchase price.
• Although funding can be secured in Barbados through an Offshore Loan, it is advisable for non-national purchasers to obtain funding externally as rates will be more attractive.
• Funds brought into the island must be registered with the Central Bank in order to guarantee the repatriation should you decided to sell your investment.
• It is advisable to employ the services of an attorney-at-law and a reputable real estate agent to handle these transactions. Legal fees are approximately 2% of the purchase price.
• The Land Tax Valuation Department revises improved property valuations every three years and Land Tax is payable every year based upon this value.

Villa Rentals (Long and Short Term) There is enormous potential in the short-term Villa Rental segment of the Tourism market in Barbados – the quality and the quantity of villas available on the island is beyond compare, and every year thousands of visitors flock to the island to enjoy them.

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Barbados useful links

Barbados Tourism Encyclopedia - Official site of the Barbados ...

Barbados - Wikipedia, the free encyclopedia

Visit Barbados Travel and Tourism Site, Hotels, Events, Activities ...

Barbados Travel Information | Lonely Planet Destination Guide

Government of Barbados Information Network