Beach View, Paynes Bay, St. James

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Beach View, Paynes Bay, St. James

Beach View Condominium Hotel is a 36 unit hotel set on 3 acres of Barbados' famed West Coast, just steps away from the beach. The condos surround two large pools, one children's and the other adult, with very spacious decks. 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.Units range from: 2 bedroom 2 bath units - 1372 sq. ft. US$499,000  to US$599,000 3 bedroom 2 bath units - 1814 sq. ft. US$679,000 to US$749,000 Management: An owner must enter the 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 units are sold fully furnished to ensure uniformity of contents. The property is fully serviced to including housekeeping services in all rooms, full night time security and & regular Pool and 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. All expenses and revenue are pooled thereby offering a fair distribution of net revenues between all owners. No one will be favoured over another. See URL link below for Trip Advisor reviews.

More Information

Sale Price: 
$499,000 US
$499,000 US
Property Reference: 
1085
Amenities: 

2 swimming pools

Secured entrance and guard

Full furnished

Consistent rental income

External Link: 
Link
 

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Further Information

Property Type: 
Condo/Apartment
Swimming Pool: 
Swimming Pool
Floor Area: 
1,372sq. ft
Listed: 
29 Aug 2024
BEAVA Approved
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