Bequia House Peapatch Spring, Bequia, The Grenadines

SOLD

Details
Location
All Photos
Guide

Property Details

SOLD
5 Bedrooms
2 Bathrooms
0.83 Acres
36000 Sq Ft
Swimming Pool
Hillside
Broad balconies, great spaces
Lofted hardwood, stone contsruction
Peaceful and natural
Coconut Palm Plantation of Spring Bay to the islands of Balliceaux and Battowia }
Sloping land with ocean views
yes currently rents for 2000USD per week:
Garden
Online Viewing By Request
Parking

Pea Patch Estate Excellent location

Pea Patch is a classic lofted villa with real character, set in an acre of mature grounds in Spring. It is beautifully located on an elevated site with views over Spring Estate to Spring Bay and the offshore islands of Balliceaux and Battowia. The property enjoys a lovely level of privacy, and is still within great proximity of bars, restaurants and local supermarkets. Pea Patch Estate is a ten minute drive from the bustling harbour town of Port Elizabeth, and is close to some of the most beautiful beaches in the Caribbean.

Fantastic layout, and a musical history

The former home of musician Pick Withers of Dire Straits, this is a substantial 5 bedroomed house. There are three double bedrooms on the main living level and there is a two bedroomed apartment below, all built and detailed in classic traditional style.

The rooms are characterised by broad hardwood doors, generous spaces flooded with light and a substantial build quality reminiscent of an old world chateaux.This villa is generously planned and a joy to live in, with an open and authentic feel. There is a generous use of hardwoods, used to great effect by the builder, who is well known for his boat building skills. The owner takes great care with the property and recent updates include an oven with burners in the kitchen and a DVD player.

The swimming pool at patch is a great size, and placed perfectly, overlooking Spring Bay.Pea Patch is a great size and a beautiful home with great potential for restoration and expansion. It is currently functioning as a well booked and enjoyed rental villa with privacy and real character.

Location

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.

All Photos

Buyer's Guide

The entire process can be handled remotely so you do not need to be on island for the transaction simply appoint a local lawyer who will represent you.

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.

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.

I would like to receive marketing emails in the future from the Grenadines Collection

We will not pass on any details to partners or third parties - view privacy policy

To speak to us call: + 1 784 457 3739