Friendship Beach Cottage
Friendship Beach Cottage
Friendship Beach Cottage
Friendship Beach Cottage
Friendship Beach Cottage
Friendship Beach Cottage
Friendship Beach Cottage
Friendship Beach Cottage
Friendship Beach Cottage
Friendship Beach Cottage

Friendship Beach Cottage Friendship Bay, Bequia, The Grenadines

$950,000 USD
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Property Details

Property Details

  • 4 Bedrooms
  • 2 Bathrooms
  • 0.25 Acres
  • Space for Pool
  • FOR SALE
  • Virtually Beachfront
  • Idyllic location
  • Perfect grounds for pool
  • Open views out over the beach and the bay to the islands beyond }

Surrounds

The land slopes gently down towards the shoreside road,with woodland gently sloping away to one side, open land to the other side separated by a private footpath.Directly across from the property is Friendship Beach, a long coral and shell sand crescent beach, on the calm protected south facing Friendship Bay. At some distance along the beach there is a high quality hotel and a small number of private houses.

The house

The house was built in 1983 of local stone, treated wood and tropical hardwoods, with wooden floor and tiled floor. The roof is corrugated sheet metal on lofted timber framing.The house is solid, well presented and is in good condition having been well cared for by the present owner.

The building is positioned well on the land and is of pleasing symmetrical proportions with a central ridge roof and gable end to the front centre.There is terrace across the front of the building which houses the water reservoir of approximately 40,000 gallons.

There is a central living space which includes kitchen to the rear. On each side of the central space there is a bedroom and a guest bedroom with a shared bathroom. Four bedrooms in all. The living space which includes the kitchen opens to the terrace as do the front bedrooms on either side.

The accommodation is all on one floor. The terrace, level with the floor, is elevated by the slope of the land. This provides open views seaward out over the beach and the bay to the islands beyond. The terrace and the views are enjoyed from the central living space and from both the main bedrooms.

The grounds are maintained and mature. There is plenty of area for the addition of a swimming pool. Registered survey drawing is available.

Neighbouring properties on the original estate include French House, Friendship House and the adjacent land.

Location

This frontline waterfront property occupies the forward end of the central ridge to Friendship Bay.

The land

The land area of the property is approximately 0.28 acres.

Bequia

Bequia's reputation continues to grow among adventurous and experienced travellers, professionals in media, music and the arts, law and education, as an engaging and active destination which retains the authenticity and natural charm of an island off the beaten tourism track.

The island continues to garner very high quality journalism from well known and trusted writers - Mariella Frostrup, Hunter Davies and so on - in leading quality papers - with recognition that Bequia offers a more diverse and engaging experience than its neighbour Mustique.

Summary

This property is elevated and close to the beach, quietly and discreetly occupying the prime position on Friendship Bay. Designed for tropical living with the design appeal and construction of traditional island vernacular, the house offers delightful practical living and sociable accommodation - sought after qualities - with beach, bay, sea, and island views.

Location

Villa Location

Friendship Bay

Hills encircle this fertile valley which opens to a beautifully long sweep of beach with southern views to Mustique and Bequia's southern Cays. Well connected by road to Admiralty Bay over the ridge. Friendship Bay enjoys a quietly established atmosphere with a great blend of local character and world class accommodation on this protected palm fringed bay. Hillside properties enjoy spectacular views accross the bay and out over the Caribbean Sea to the Atlantic Ocean beyond Mustique or to the Southern Grenadines beyond Isle a Quatre. There is an international restaurant on the beach and local roadside bars. Look for local working boats pulled up on the beach or anchored in this sheltered bay.

Buyer's Guide

Buyer's Guide

Purchasing

We're here from start to finish of the process, assisting in settling new owners into the island and their property. We are happy to assist with any part, from the handover, relocating, shipping, staffing, and continuing through our rental program.

We extend our full concierge services, and regularly handle all arrangements for potential purchasers visiting the islands for viewings - private or scheduled flights, transfers, accommodation, island briefings, tours and property viewings.

We arrange and lead viewings ensuring they are comfortable, relaxed and well timed. We provided detailed printed material and can photograph aspects of the property which are of particular interest to you, ensuring that all follow up material is focused for you.

From helping you find the right property, assisting in assessment & evaluation, advice on legal processes to various areas surrounding architecture, design, project management, property maintenance, management, and rental.

The entire process can be handled remotely - ie while you are in the UK.

Purchase procedure:

1. Make your offer for your chosen property through us. We present your offer, and work to bring the sale to an agreement with the owner.

2. Appoint a local Lawyer to handle your purchase (list of recommended lawyers can be provided upon request) exchange contact details and discuss the purchase arrangements, as you wish.

3. Sign Agreement of Sale & deposit 10% of purchase price in ESCROW account with the lawyer.

The Agreement of Sale Contract is prepared by the lawyer for approval by both parties, before being finalised and signed by both parties. This is a binding agreement, the only circumstances where you would retrieve the deposit would be if:
- the seller fails to perform (for example if there was not clear title)
- or if your ALHL is not issued (this is extremely rare).

4. Alien Land Holders Licence (ALHL) Application (specific to the property & applied for at the time of agreement of purchase ).

Provide the following details to your local lawyer :
- Date and place of birth
- Copy of passport
- Nationality
- Bank reference (not finances just a letter of reliability)
- Police certificate of clear record (applied for from your local police station or online, in your home country

UK: http://www.acro.police.uk/police_certificates.aspx

The police certificate is usually fairly swift and at least straightforward

The lawyer makes the ALHL application and searches to check clear title on the property

5. ALHL is issued (this usually takes 2 to 3 months).

6. Complete the purchase (you deposit the balance of purchase price and the signed deeds of conveyance are released). At this point the property is yours.


Purchase Costs

Purchase costs are straightforward;
- 5% Stamp Duty
- approximately 6% ALHL
- legal fees
Legal fees are standard and the lawyer you instruct can provide a detailed breakdown of the costs.
We advise allowing 13% to cover the costs.

Ownership

The lawyer can advise on personal or company ownership;
Company ownership provides automatic exemption from work permit. Residency is a simple formality with property ownership.

Many buyers choose to own their property through a company which can be set up easily, the lawyer can advise on the costs and fees for this.

There is no capital gains tax, no inheritance tax and annual property taxes are negligible. Funds can be repatriated freely.

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