Beach View Phase 1, Classic Suites - Paw Paw 103 Ground Floor

EUR 468,497

USD 495,000

Saint James, Paynes Bay, St.James, Highway 1, Barbados

Apartment • 3 Bed. • 2 Bath.

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. 


There are 36 Classic Suites, located in 4 buildings with 9 in each building. The buildings surround our stunning garden pool, complete with a children’s pool at one end and the Caribbean sea as the backdrop. The 2 bedroom suites are 1,372 sq. ft. and feature an en suite master bedroom and separate second bedroom & bathroom. The 3 bedroom suites are 1,817 sq. ft. and feature an en suite master bedroom; the 2nd & 3rd bedrooms share a separate bathroom. All suites feature fully equipped kitchens, open plan living & dining areas and spacious patios.


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. 

Other Available Units:

1. Beach View Phase 1, Classic Suites - Carambola 212 First Floor (3 beds, 2 bath), US$650,000.

2. Beach View Phase 1, Classic Suites - Paw Paw 201 First Floor (3 beds, 2 baths) US$595,000.

3. Beach View Phase 1, Classic Suites - Paw Paw 202 First Floor (2 beds, 2 baths) US$395,000.

4. Beach View Phase 1, Classic Suites - Paw Paw 302 Second Floor (2 beds, 2 baths) US$450,000.

5. Beach View Phase 1, Classic Suites - Seagrape 305 Second Floor (2 beds, 2 baths) US$450,000.

Spaces

Bedrooms3
Bathrooms2

Surfaces

Internal1817 Square foot

Paynes Bay, St.James, Highway 1, Barbados

Saint James