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Real Estate Listings: » Residential homes » Homes » BB » Luxury Beachfront Villa, Boutique Hotel, Cove Spring, Barbados1

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Luxury Beachfront Villa, Boutique Hotel, Cove Spring, Barbados

Barbados, St.james, Bridgetown
Published 2023-05-09
ID #56613403
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40,000,000 US$
Luxury Beachfront Villa, Boutique Hotel, Cove Spring, Barbados
Barbados, St.james,
Published 3 weeks ago


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Additional information

Num. of bedrooms: 10
Num. of bathrooms: 10
Type of deal: For sale
Price type: Sale price
Features: Sea Views
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Description


This Villa is the most luxurious beachfront property in the Caribbean.​

Enjoying an idyllic cliff-top position on the prestigious Platinum West Coast of Barbados, This luxurious 10 bedroom estate boasts breath-taking panoramic views of the Caribbean Sea.​ Comprising approximately 20,000 sq.​ ft.​ of living space, It's beautiful architecture is complemented by sophisticated interior designs and haute-couture furnishings, creating inarguably one of the grandest villas in Barbados.​

Set within 1.3 acres, this villa was designed using coral stone, denoting the hallmark of Caribbean aristocracy.​ Its Palladian/Georgian open-architecture brilliantly captures the inherent beauty of the island, maximizes natural light and allows the trade winds to cool the home.​ There are 7 spacious bedroom suits in the main house with an additional 3 in the separate guest cottage.​ There is also a media room, a state-of-the-art fitness centre and a commercial grade kitchen.​

Designed for outdoor living so typical of the Caribbean lifestyle, most rooms boast wide verandas opening on to the expansive patio with the free form pool and Jacuzzi and to the stunning sea views beyond.​ At the base of the cliff is a secluded beach with private access only from the villa.​ The property is surrounded by lush tropical gardens providing complete privacy and serenity.​

The golden, pink and white beaches on the West Coast of Barbados are sheltered from the Atlantic Ocean's swells by the island itself, and the Caribbean Sea's gently lapping waters on this side of Barbados are mostly calm and therefore perfect for safe swimming and snorkelling.​

Why Barbados

Barbados has glorious year-round sunshine, a typical temperature of 28-29 degrees & almost no season variation, so there's never a bad time to visit, the days constantly sunny, the evenings balmy.​ The highest rainfall occurs from July to October when the island is at its most lush & luminous, the sea at its clearest & most sparkling.​

This house is ideally positioned mid-way between the historic Holetown and Speightstown offering a wide array of world class restaurants and luxury boutiques.​

Barbados is served by many regional and international carriers including: British Airways, Virgin Atlantic, Air Canada, WestJet, American Airlines, Jet Blue, Caribbean Airlines and LIAT.​ Direct flights from Toronto and New York City run about five hours, London runs around nine hours, and Miami is almost three-and-a-half hours away.​

Ahead of the exciting summer season, the Government of Barbados has announced a key change to its travel protocols.​ Effective Wednesday, May 25, 2022, fully-vaccinated travellers to Barbados will no longer have to take a COVID-19 test to enter the country.​

Income:

Average night occupancy between 20-25 days

Rates are US$20,000/Night in summer and US$25,000/Night in winter

Expenses are approximately US$300,000/Year

Potential income is approximately $6.5M per annum

Investor Information

Property Type: Hospitality, Mixed Use Subtype: Hotel

Square Footage: 56,628 Net Rentable (sq ft): 20,000

Price/Sq Ft: $706.36 Cap Rate: 16.12% NOI: $6,450,000

SNVR

For viewings, more information or to secure this property, please contact us

Property ID: 36568

Price: USD$40,000,000

Land Area: 56628 Sq Ft

Bedrooms: 10

Bathrooms: 10

Property Status: For Sale

* Address The Garden, St James, Barbados
* City Bridgetown, Barbados
* State/county Barbados, St.James
* Country Barbados
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    Richie Quintyne
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    40,000,000 US$

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    Registered on December 11, 2022
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    Barbados, St.james
    Bridgetown
    The Garden
    Barbados (/bɑːrˈbeɪdɒs/ (About this soundlisten) or /-doʊs/) is an island country in the Lesser Antilles of the West Indies, in the Caribbean region of North America. It is 34 kilometres (21 miles) in length and up to 23 km (14 mi) in width, covering an area of 432 km2 (167 sq mi). It is situated in the western area of the North Atlantic and 100 km (62 mi) east of the Windward Islands and the Caribbean Sea;[7] therein, Barbados is east of the Windwards, part of the Lesser Antilles, roughly at 13°N of the equator. It is about 168 km (104 mi) east of both the countries of Saint Lucia and Saint Vincent and the Grenadines and 180 km (110 mi) south-east of Martinique and 400 km (250 mi) north-east of Trinidad and Tobago. Barbados is outside the principal Atlantic hurricane belt. Its capital and largest city is Bridgetown. Inhabited by Kalinago people since the 13th century, and prior to that by other Amerindians, Barbados was visited by Spanish navigators in the late 15th century and claimed for the Spanish Crown. It first appeared on a Spanish map in 1511. The Portuguese Empire claimed the island between 1532 and 1536, but later abandoned it in 1620; with their only remnants being an introduction of wild boars for a good supply of meat whenever the island was visited, and to replenish their supply of freshwater. An English ship, the Olive Blossom, arrived in Barbados on 14 May 1625; its men took possession of it in the name of King James I. In 1627, the first permanent settlers arrived from England, and it became an English and later British colony. As a wealthy sugar colony, it became an English centre of the African slave trade until that trade was outlawed in 1807, with final emancipation of slaves in Barbados occurring over a period of years from 1833. On 30 November 1966, Barbados became an independent state and Commonwealth realm with Elizabeth II as its queen. It has a population of 287,010 people, predominantly of African descent. Despite being classified as an Atlantic island, Barbados is considered to be a part of the Caribbean, where it is ranked as a leading tourist destination. Of the tourists, 40% come from the UK, with the US and Canada making up the next large groups of visitors to the island.

    Source: https://en.wikipedia.org/

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