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Back  |  about Barbados  |  comparisons  |  add to favourites  |  send listing to friend
 
 Price : US$ 225,000 Type : Home - Apartment / Condo REF : BBD0001 
Barbados : Silver Point                    WITHDRAWN


85 luxury managed apartments in a beachfront resort development at Silver Sands with a fitness centre, spa, swimming pools and sunbathing decks, restaurant and other amenities.

Barbados Silver Point Apartments

 

This development is well underway with one block of units constructed and available immediately and other blocks under construction.

 

Barbados Silver Point Property

Barbados Silver Point

These managed apartments are freehold, but do need to spend time in the rental pool. Owners have 6 weeks per year to enjoy their property and the rest of the year to enjoy the rental return from their property.

Barbados Silver Point

The rental income from these properties covers the maintenance charges and provides owners with an annual estimated return of 7 to 10%.

Barbados Silver Point Property

Barbados Silver Point Property

Each property is finished to a very high 4 Star standard, with porcelain tiles, a spa bathroom, custom cabinet work, and flat screen TV etc. 

Barbados Silver Point Property

Barbados Silver Point

Silver Point sites on the beachfront at Silver Sands in the South of Barbados, with direct access to one mile of white sand beach.

Barbados Silver Point Property

Barbados Silver Point Property

Work on the resort is still ongoing, but due for completion later this year.

 

 

 

 

 

 

 

 

Mortgage facilities are available to purchasers.

Barbados Silver Point

Barbados Silver Point


These managed freehold properties offer an excellent opportunity for anyone seeking an investment property. Half of the properties in this luxury development have already been sold - so now is the time to enquire about ownership of one of these properties. Prices from US$225,000


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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. Additionally, 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 22 Jan 2018