Coral Stone House
, Barbados
4
Coral Stone House is Barbados real estate which is located a mere 4 minutes walk from Gibbs Beach. Gibbs Beach is arguably the best beach on the West Coast of Barbados. The large four bedroom family home sits on over half an acre of land. The property includes a swimming pool with sun deck patio surround, a bar, media room / area and garage. The expansive gardens include a wide variety of tropical and flowering plants. There is also enough space to build a 2nd dwelling or cottage if necessary. Please note planning permission has previously been awarded for this type of development.
The 4 en-suite bedrooms have enabled the property to generate over US$100,000 a year in rental income. This is enough to cover the property’s annual running costs several times over. However, there is also potential to develop the home to include a 5th bedroom. Own Barbados real estate which has been well maintained and upgraded by the attentive owner. Upgrades include a new kitchen, roof and air conditioning system and furthermore, the villa comes fully furnished and equipped to the high standards necessary to attract repeat bookings and 5 star reviews. As well as being close to both Gibbs and Mullins Beaches, up and coming Speightstown to its north or Holetown to its south can be reached within 10 minutes or less by car.
Whilst offering a quality and comfortable holiday home Coral Stone House is a must see for any purchaser as it ticks all the requisite boxes in terms of location, rental return, size, low running costs and development potential.
