Barbados

West Coast Villa in Sandy Lane for a London Private Equity Partner

$2,800,000 · 15 years · 5.50% fixed. A private equity partner from London was purchasing a luxury villa on Barbados's exclusive Platinum Coast near Sandy Lane.

Category
Barbados
Loan Amount
$2,800,000
LTV
50%

The Client

HNW Investors

The Challenge

A private equity partner from London was purchasing a luxury villa on Barbados's exclusive Platinum Coast near Sandy Lane. The purchase was for personal use and prestige letting through a high-end Caribbean villa company. Barbados offshore property finance is a specialist niche.

Our Solution

Doulton placed the mortgage with a Caribbean private bank experienced in West Coast Barbados lending. The villa company's letting programme and comparable properties' income data were submitted. A Barbados real estate agent and local attorney managed the purchase process.

The Outcome

Villa purchased on the Platinum Coast. Letting programme generating strong income during high season (December to April). Net yield after costs: 3.8% - supplemented by exceptional personal use value. Key highlights: Caribbean private bank experienced in Sandy Lane area; Platinum Coast villa company letting programme supported; High-season income substantial - December to April peak.

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