Caribbean MLSReal Estate

7 Bedroom Multi-Unit Investment Property for Sale, 186 Almond Row, Chancery Lane, Christ Church, Barbados

Available on request

The brief

The reason to consider it.

Investment Property in Barbados

Searching for investment property in Barbados offering immediate income-generating potential? Located at 186 Almond Row in Chancery Lane, Christ Church, minutes from the South Coast beaches, this 7 bedroom multi-unit property represents an excellent investment opportunity with immediate rental income-generating potential.

Three Self-Contained Apartments

The property includes two 3 bedroom apartments, plus a separate studio unit with a private entrance. All units have their own private patio.

Modern Design and Finishes

Each apartment comes fully furnished with air conditioning, ceiling fans and ample parking.

Prime South Coast Location

The property is situated in a quiet neighborhood just minutes from the beaches of the South Coast, shopping, restaurants, schools and the airport.

Turnkey Investment Opportunity

With its multi-unit layout and prime South Coast location near beaches and amenities, this property represents a turnkey investment ready to produce rental returns from day one.

Last confirmed

Type
House
Land
18,051 ft²
Year built
Available on request

What this listing includes

  • Air conditioning
  • Furnished
  • Parking

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

Read what people say, based on 12 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law