The Mill Estate Spring, Bequia, The Grenadines
- Details
- Location
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- Plans
- Guide
Property Details
- FOR SALE
- 1.34 Acres
- Historic 3 Bedroom Sugar Mill Residence
- Stone Courtyard Venue & Expansive grounds
- Self-Contained Garden Apartment
- Fully Gated and Walled for Privacy & Security
- With Purpose built Retail Boutique
- Custom Hurricane-rated glass windows & doors }
- Large cistern with mulit-stage filtration
- 110/220V throughout
- Online Viewing By Request
- Parking
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Three bedroom villa with soaring eighteen foot ceilings
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Polished concrete floors and hardwood millwork
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Loft with hardwood-floors and half bath, ideal for yoga, reading or guest use
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Master suite opening to a private stone infinity plunge pool
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Secluded double rain shower courtyard surrounded by tropical gardens
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Screened veranda for dining or entertaining up to thirty guests
Self-Contained Garden Apartment:
The lower level is a two-bedroom, self-contained apartment with a
private entrance and secluded courtyard. Original stonework continues
through this space, creating a living experience both grounded in
history and refreshingly modern.
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Private entrance and courtyard
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Two bedrooms, full kitchen, laundry
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Stone walls featured throughout interior
Three Surveyed and subdivided lots for future expansion:
Estate Totalling 58,654 sq ft (1.346 acres)
- GR17/104 34,659 sqft
- GR19/131 13,898 sqft
- GR18/103 10,097 sqft
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Three full kitchens: main residence, garden apartment and commercial -
Entire residence air-conditioned -
Fully gated and walled -
Large cistern with multi-stage filtration -
110/220V power throughout
The Mill is an extraordinary architectural achievement. Original stone walls, more than three centuries old, are fully integrated into the residence, infusing every room with a sense of continuity and historic depth.
Villa Location
- The Grenadines >
- Bequia >
- Spring
Spring
A quiet international community of independent villas on the hillsides of this green and peaceful valley. The boutique Firefly Hotel, and old sugar mill is located here. The old tall Coconut palms run down to the coral sand beach facing the ocean. Completely away from the Harbour but astonishingly close for a visit for shops, restaurants and the bustle of island life.
Buyer's Guide
- 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.
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.
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.