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Beach View Condos (3 bed option)

Paynes Bay, St. James, Barbados
Property Code: WCV1680
3 Bedrooms
3
3 Bathrooms
3
Pool
2
  • Status: For Sale
  • Size (Covered): 1814 - 1817 sq. ft.
  • Furnishings: Furnished
  • Pool: Kids Pool, Communal swimming pool

Beach View is a gated condominium spanning over 3 acres and offers views out to the turquoise waters of the bay. These 4 buildings designed by Gillespie and Steel comprise of 2 and 3 bedrooms along with 8 penthouses each featuring well appointed kitchen and living areas. The West Coast provides an array of amenities for owners.

 
Price: Unbeatable value at US$ 679,000 - US$ 749,000
Price per Sq. Ft: US$ 374 - US$ 412

Description

OWNERSHIP AND MANAGEMENT STRUCTURE

OWNERSHIP

Beach View Condominium Hotel is a 36 unit hotel set on three acres of Barbados’ famed West Coast, just steps away from
the beach. The condos surround two large pools, one children’s & the other adult, with very spacious decks.

The development is owned by a holding company which issues one residential share per condo. Each residential
shareholder will be entitled to exclusive possession of the condo unit to which the residential shares apply.

The structure of the company provides for a reduction in the annual land tax & certain benefits applicable to hotel
operations.

Any future sale of the unit is by a sale of the shares. Under Barbados law sale of shares attracts transfer tax of 2.5% &
stamp duty of approximately 5%.

MANAGEMENT

An owner must enter into a rental management agreement with Beach View Property Ltd. This company has been
established by the developer with the prime purpose of managing the property as a hotel. All management, reservations &
accounting support services will be supplied as part of the agreement.

All units are sold fully furnished to ensure uniformity of contents. The property is fully serviced to include housekeeping
services in all rooms, full night time security & regular pool & garden maintenance.

Each owner must make his unit available for rent for 9 months of the year but has complete use of the unit for the other 3
months.

All expenses & revenue are pooled thereby offering a fair distribution of net revenues between all owners. No one unit
will be favoured over another (Attached to the listing for your perusal under attachments).

New Development:

Introducing you to our new addition to Beach View Condominiums.

We have purchased the 2 acre lot adjoining Beach View & will be constructing a fabulous extension to our hotel. Construction will begin in May with an expected build date of 18 months.

To the front of the property, there will be 9 units facing the ocean (6 three bedrooms & 3 two bedrooms), with their own pool. To the rear of the property, there will be 10 three bedroom villas, also with their own pool.

We will also be constructing a large reception building, as well as a restaurant, small gym & spa.

Features and Amenities

Features:
  • Communal swimming pool
  • Walking Distance to the beach
  • Elevated lots affords sea views
  • Open plan kitchen & living area
  • Designed by Gillespie and Steel
  • Direct access to Paynes Bay beach
  • Excellent value for beach front property
  • Special offer: fully furnished & equipped
  • Close to Holetown & fine dining restaurants
Amenities:
Air conditioning, Beach Access, Breezy location, Ceiling fans, Close to beach, Communal facilities, Communal swimming pool, Enclosed Gardens, Established gardens, Family location, Furnished, Patio, Private location, Restaurants close by, Sea Views

Units

Unit NameTypeStatusPrice (US$)Size sq.ft.Price sq.ft.(US$)BedBathFloorNotes
103ApartmentFor Sale679,0001817N/A33'Paw Paw' Ground floor
Features: Air conditioning, Beach access, Beach front, Sea View, Sun deck, Swimming pool
104ApartmentFor Sale679,0001814N/A33'Seagrape' Ground floor
Features: Air conditioning, Beach access, Beach front, Furnished, Sea View, Sun deck, Swimming pool
106ApartmentFor Sale679,0001814N/A33'Seagrape' Ground floor
Features: Air conditioning, Beach access, Beach front, Furnished, Sea View, Sun deck, Swimming pool
110ApartmentFor Sale679,0001817N/A33'Carambola' Ground floor
Features: Air conditioning, Beach access, Beach front, Furnished, Sea View, Swimming pool
201ApartmentFor Sale699,0001817N/A33'Paw Paw' First floor
Features: Air conditioning, Beach access, Beach front, Furnished, Sea View, Swimming pool
304ApartmentFor Sale749,0001814N/A33'Seagrape' Second floor
Features: Air conditioning, Beach access, Beach front, Furnished, Sea View, Sun deck, Swimming pool
306ApartmentFor Sale749,0001814N/A33'Seagrape' Second floor
Features: Air conditioning, Beach access, Beach front, Sea View, Sun deck, Swimming pool

Additional Documents

Map and Points Of Interest

 
  • Scarlet Restaurant: ‘eat, drink, play’ is this electric restaurants' slogan where superb food, fantastic cocktails and good fun lies.
  • Daphne’s Restaurant: is a part of Barbados’ acclaimed Elegant Hotels Group and has drawn tourists and celebrities to this elegant Italian fine dining restaurant from around the world.
  • Holder’s Hill Polo Field: known as the main Polo venue in Barbados Polo enthusiast can cheer for their team from November to May.
  • Paynes Bay Fish Market: one of the smaller fish markets on the island where you can buy fresh local fish or watch as the fishermen dock their boats and offload. 
  • Mr. Vic: this is a casual restaurant that is children friendly and is a popular local hangout which dish up a combination of Caribbean/British food.
  • The Cliff Restaurant: incredible setting matched with creative cuisine, a must see in Barbados.
  • Paynes Bay Vendors: every Friday you can catch a sumptuously fresh grilled fish, served with traditional Bajan seasonings. Of course there’s more, the vendors have a variety of Bajan delights including grilled chicken, macaroni pie, rice and peas and to wash it down Bajan rum is available along with other drinks.
  • The House Hotel: is a chic, tranquil retreat for adults to unwind and reconnect in a setting of understated elegance.
  • Tamarind Cove Hotel: featuring 104 newly renovated and contemporary guest rooms on a prime 750 sq.ft. stretch of serene beach, this luxury hotel is an ideal Barbadian destination for couples, families, reunions and retreats.
  • Treasure Beach Hotel: this Caribbean resort has airy and contemporary suites. Enjoy fresh local ingredients as you dine under the stars in this award-winning restaurant, where our dinner menu changes on a nightly basis.
  • Cariba Restaurant and Bar: Internationally trained chefs provides modern Caribbean cuisine with an Asian twist in a traditional chattel house setting.