Caribbean MLSReal Estate

Coral Cove One, St. James, BB

Available on request

The brief

The reason to consider it.

Welcome to Coral Cove 1, situated in this exclusive luxury development which occupies approximately 100 feet of prime beach frontage in the heart of Paynes Bay and Barbados’ Platinum Coast.

This beautiful beach front home features 2 double en suite bedrooms and a guest bathroom; the interior living space is stylishly appointed to the highest standards, affording spectacular views of the sparkling Caribbean Sea and direct access to the stunning Paynes Bay Beach.

This desirable location is intimately set in luxuriously landscaped gardens with beautiful, aged mahogany trees and a private entrance to the beach. Coral Cove is comprised of 12 exclusive luxury apartments and two stunning penthouses designed by the renowned contemporary architect Roldano Bellori with a focus on integrating the natural environment.

Coral Cove 1 features 2 bedrooms and 2.5 bathrooms; the interior living space is stylishly appointed to the highest standards, affording spectacular views of the sparkling Caribbean Sea from its spacious and totally private coral stone terrace, where your gaze is immediately drawn to the sapphire waters and stretches of fine white sand hugging close to Coral Cove’s beautifully manicured gardens. Stretch out on the sun loungers and enjoy the warmth of the sun or dine in comfort at the shaded outdoor table perfect for relaxed al fresco dining.

Coral Cove 1, on Paynes Bay is centrally located on the West Coast and within walking distance of several popular beach bars, fine dining restaurants and boutique shops. It is also within short distance of The Sandy Lane Hotel and Golf Club and has one of the best swimming beaches on the island.

Last confirmed

Type
Condo
Interior
Available on request
Land
Available on request
Year built
Available on request

What this listing includes

  • Pool
  • Beachfront
  • Garden
  • Ocean view
  • Beach access

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