Caribbean MLSReal Estate

Land for sale in Paynes Bay

Available on request

The brief

The reason to consider it.

Fabulous piece of land just minutes away from Paynes Bay beach, shops and restaurants.

Planning permission granted for townhouse development.

Last confirmed

Type
Land
Zoning
townhouse development
Permitted uses
Townhouse
Land
Available on request

What this listing includes

  • 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