Location: Paynes Bay, St. James
3 Bedrooms, 3 Baths
From: USD 495,000 - USD 850,000
Status: For Sale
Floor Area: 1,817 to 2,171 Sq. Ft.
Furnishings: Furnished
Pool: Kids Pool, Communal swimming pool
Beach View is a 55-unit Condominium Hotel set on five acres of Barbados’ famed West Coast, just steps away from the beach. Beach View started its journey in 2008 & has since expanded, opening 19 new units & a host of new amenities in 2018. The hotel now features 4 swimming pools, a large reception, full-service restaurant, fitness centre, spa & salon.
OWNERSHIP STRUCTURE GENERAL
• The common areas of the development, which include the reception, restaurant, gym & spa, swimming pools & parking lots, will be owned by all condo owners.
• The structure of the development provides for certain benefits applicable to hotel operations.
• The structure of the company provides for a reduction in the annual land tax & certain benefits applicable to hotel operations.
OWNERSHIP STRUCTURE – PHASE 1 – PAWPAW, SEAGRAPE, AVOCADO & CARAMBOLA SUITES
• 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.
OWNERSHIP STRUCTURE – PHASE 2 – YLANG YLANG VILLAS & PASSION FRUIT SUITES
• The units will be sold freehold.
MANAGEMENT STRUCTURE
• 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, 24-hour security & regular swimming 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, based on the terms of the rental pool agreement.
• All expenses & revenue are pooled thereby offering a fair distribution of net revenues between all owners. No one unit will be favoured over another.
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
Air conditioning
Beach Access
Breezy location
Ceiling fans
Close to beach
Communal facilities
Communal swimming pool
Communal swimming pool
Enclosed Gardens
Established gardens
Family location
Furnished
Kids Pool
Patio
Private location
Sea Views
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 provide modern Caribbean cuisine with an Asian twist in a traditional chattel house setting.
Head Office: 15 Porters, St. James, Barbados |
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