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 Price : US$ 1,750,000 Type : Commercial - Hotels REF : BBD0017 

Barbados : Dover, Christ Church                                      SOLD                                           Barbados Hotel for Sale


Hotel comprising 16 studio apartments, plus an owners penthouse suit, in a prime location within a one minute walk of Turtle Beach.

Barbados Hotel for Sale



The 16 studio apartments are all with air conditioning, ceiling fans, cable TV, a kitchenette and a private patio

 

Barbados Hotel for Sale

Barbados Hotel for Sale

Included in this sale is an owners one bedroom penthouse apartment, which enjoys stunning sea views.

Barbados Hotel for Sale

Barbados Hotel for Sale

This hotel has an excellent occupancy rate averaging 66% for the period January to September 2008, with similar occupancy rates for 2007 and 2006.

 

 

 

 

 

 

 

 

The hotel receives bookings from many repeat clients.

Barbados Hotel for Sale

Barbados Hotel for Sale


This hotel offers an ideal opportunity for someone seeking an investment property in a prime location, with a proven track record.


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




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 16 Oct 2018