5 Bedroom Commercial Property for Sale in Holetown, Barbados
Available on request
17 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
This versatile 5-bedroom property is located on Cherry Avenue in Sunset Crest, Holetown, just a stroll from the beach. Currently operating as a day spa for 13 years, it offers immediate rental income with four tenants in place.
The flexible zoning permits both residential and commercial use, allowing for continuation of the business, transformation into a luxury private villa, or a profitable vacation rental.
The interior spans 1,815 sq ft and includes a reception room, living room, and kitchen. The property features 5 bedrooms and 3 bathrooms.
Eco-friendly features include solar panels on the roof.
Situated on an expansive 9,521 sq ft lot, the property is within walking distance of the beach, shops, restaurants, and the Sunset Crest Beach Club. The upscale Limegrove Lifestyle Center is a short drive away.
Last confirmed
- Type
- Commercial
- Land
- 9,526 ft²
- Use
- Mixed use
- Lettable area
- 1,808 ft²
- Occupancy
- 100%
- Tenants
- 4
- Zoning
- Commercial
- Year built
- Available on request
What this listing includes
- Solar power
- Parking
- Kitchen
- Beachfront
- Ocean view
What people say about Barbados
Sources agree that Barbados is an expensive place to live by Caribbean standards, with the west coast (Platinum Coast, Holetown, St James) described as the priciest area and the east and inland parishes as cheaper.
- Mixed Barbados is expensive overall; the west coast (Platinum Coast, Holetown) is the priciest area, east and inland cheaper
- Mixed Foreigners can buy freely but should use a local attorney; Central Bank / exchange control approval and registering foreign funds are part of the process
- Mixed Property transaction taxes: sources disagree on who pays and the rate (2.5% seller-paid transfer tax plus 1% stamp duty vs a 10% non-resident figure)
- Concern Repatriating sale proceeds is restricted under exchange control; many non-residents use offshore holding companies
The asking price is not what it costs.
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