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 Price : US$ 1,450,000 Type : Commercial - Commercial REF : BBD0025 

Barbados : St Philip

 

SOLD

 

Barbados Business for Sale






3 blocks of apartments, with 11 two bedroom apartments with both short term and long term rental.

 

Barbados Business For Sale

These charming apartments are arranged over 3 blocks. The first block has seven apartments that are tenanted for long term rental.

Barbados Business for Sale

There is a swimming pool and laundry room close to blocks 2 & 3 which house 2 apartments each. There is also a lookout deck offering a panoramic view.

Barbados Business For Sale

Each of the short term rental apartments have French doors in the lounge leading to a balcony with lovely views.
















One bedroom has a double bed, and the other has twin beds.

Barbados Business For Sale


The apartments share this swimming pool and there is a path leading down to the beach.

 

 

Barbados Business For Sale


The apartments have lovely views of the rugged coastline.

Barbados Business For Sale

Barbados Business For Sale

The property is being sold furnished and as a running business. It is entitled to duty free status and is a good investment buy.

For further information on this property click on the Contact Us buttons at the top or bottom of this page.

Caribbean Property

Buying Real Estate in the Barbados
Buying property, a home or a business in Barbados is not difficult, as there is no differentiation made between nationals and non-nationals. However, as a formality, non-nationals must first get permission from the Central Bank of Barbados for the purchase of a property.

Property Transfer Tax
There is no Property Transfer Tax for anyone buying an existing building; however there is Property Transfer Tax of approx. 10% of the value of the purchase for anyone buying land.


Legal Fees
Legal fees are between 2% to 3% of the purchase price, plus 15% Value Added Tax added to these fees.


Please click on the Barbados Info button or Buying in Barbados to find more information on how to buy property in Barbados.

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Last Updated On 23 Nov 2017