Saint Peter's Bay | Barbados

SA I N T P E T E R’S BAY LUXURY RESORT & RESIDENCES BARBADOS

TABLE of CONTENTS WELCOME TO BARBADOS 4 SAINT PETER’S BAY 8 PRIVILEGES OF OWNERSHIP 10 PROPERTY MASTERPLAN 14 FLOORPLANS 16 3

RESIDENTIAL AMENITIES & SERVICES 18 PROPRIETOR’S UNIT PLAN 20 HOW TO PURCHASE PROPERTY IN BARBADOS 22 PROCEDURE FOR PURCHASING PROPERTY 24 OPTIONAL PROPERTY MANAGEMENT PROGRAM 26

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WELCOME to BARBADOS

Paradise, Within Reach

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SAINT PETER’S BAY Set along a pristine stretch of white sand beach kissed by clear cerulean waters is Saint Peter’s Bay, an intimate resort community on the Platinum Coast of Barbados. Effortlessly luxurious and stunningly beautiful, this collection of impeccable residences embodies the ease and glory of an island escape.

Situated immediately on the turquoise

Atlantic, Saint Peter’s Bay is an enviable destination, surrounded by breathtaking natural wonders and punctuated by easy access to expertly manicured links, sailing, and polo grounds, as well as premier restaurants and spas. Find your paradise within this exceptional enclave and its elevated offerings.

PRIVILEGES of OWNERSHIP 10

We at Saint Peter’s Bay have created a uniquely celebratory programme of services, each one designed to enhance the pleasure and sense of luxurious ease that is at the heart of an island paradise. From arrival and move-in, to the final blazing sunset of your stay, we have created an atmosphere in which every moment is meant to be savoured, and treasured memories forged at every turn.

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Each residence, without exception, enjoys unobstructed ocean views of pristine turquoise waters. The sweeping covered terraces found in each residence embrace the outdoors and underscore the perfection of the climate. Generous use of stone, including travertine floors and floor-toceiling marble in bathrooms, provide a sense of stylish calm within the residences, whilst the ideal mix of tailour-made on-site services are guaranteed to entertain each member of your party while out and about.

The resort features a 500-foot beach with à la carte drinks services, lagoon-style swimming pool, aqua trampoline, fitness and yoga, water taxi, water sports, turtle tours, on-demand spa services, and much more. For children, the indoor Kids Club is sure to entertain, whilst on-site and inresidence babysitting and nanny services are available for those times when the party stretches past bedtime. Our private restaurant, The Gazebo Bar + Grill, is open for on-site or in-room dining. And, when the occasion arises, our chefs are available to prepare a special meal for dining in residences.

We strive to remove even the smallest inconveniences of daily life. Our dedicated Residential Team is at your service to look after you, your guests, and your residence, including a concierge service for onsite dining, activities, and other needs.

Move-in coordination and orientation services are available the moment you arrive. Saint Peter’s Bay offers in-residence property management, housekeeping and maintenance, 24-hour-a-day security, insurance, and assigned parking. Grounds and common areas are maintained to the strictest standard, enhancing the already breathtaking idyll that is Barbados’ western coast.

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Property MASTERPLAN

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FLOORPLANS

Upper & Ground Floor HOMES

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UPPER FLOOR

3 Bedrooms . 3 Bathrooms . 2,700 sq feet

Home Specifications & Features •

Travertine floors

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Granite vanities & kitchen countertops

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Stainless steel kitchen appliances

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Floor-to-ceiling marble in bathrooms

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Coral Stone crown moulding & wall sconces

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Locally-crafted cedar doors & closet doors

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Fully air conditioned with a ductless system, enabling precise temperature control in each room

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Terrace Beach Lift (Upper Floors)

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Spacious covered terrace

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Oversized sliding glass doors with effortless movement

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GROUND FLOOR

3 Bedrooms . 3 Bathrooms . 2,700 sq feet

The plans and renderings shown are artistic impressions intended for visual purposes on[y.

They are approximate and not necessari[y to scale.

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RESIDENTIAL AMENITIES and SERVICES

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Dedicated Residential Team to look after you, your guests, and your residence, including concierge service for on-site dining, activities, and other needs

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500-foot beach, with direct resort access

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On-beach à la carte beverage service

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Access to paddle boards, kayaks, and snorkel gear

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Fitness and yoga studio

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Indoor Kids Club

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Babysitting and nanny services

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On-site private resort restaurant, The Gazebo Bar + Grill, which also offers in-room dining and In-Residence catering options

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Owner events and social gatherings

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Priority dining and activity reservations

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Water taxi service to shuttle you to coastal restaurants and island attractions

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Assigned Parking

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On-site security

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Property insurance for the common areas

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Move-in coordination and property orientation

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Secure escort of vendors and contractors to your residence

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In-residence property management; housekeeping and maintenance

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Maintenance of residential common areas, landscaping and pest control

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PROPRIETOR’s UNIT PLAN 156 Assessments (Association Assessments and Estimated Annual Costs in US Dollars, 2023)

Standard Home $25,079 Penthouse $29,111 Deluxe Penthouse $59,546

Estimated Annual Costs* LAND TAX Standard Home $14,400 – $21,600 Penthouse $16,800 – $25,200 Deluxe Penthouse $50,100 – $57,000 20

ELECTRIC Standard Home $5,700 – $9,000 Penthouse $5,700 – $9,000 Deluxe Penthouse $5,700 – $9,000 INTERNET AND PHONE Standard Home $840 – $1,260 Penthouse $840 – $1,260 Deluxe Penthouse $840 – $1,260 CABLE TELEVISION Standard Home $1,400 – $1,800 Penthouse $1,400 – $1,800 Deluxe Penthouse $1,400 – $1,800 PROPERTY MANAGEMENT PROGRAM (Optional) Standard Home $4,062 Penthouse $4,062 Deluxe Penthouse $4,062

*Costs above are estimated and can fluctuate based upon usage and other variables.

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HOW TO PURCHASE PROPERTY in BARBADOS The information provided is intended to provide an overview of purchasing property in Barbados. It does not seek to provide or replace legal advice, nor is it intended to have any contractual effect.

Here are a few things you should know about the Barbados property market: •

There are no restrictions to non-nationals purchasing properties in Barbados

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There are no special purchase visas required and non-nationals are welcome to make Barbados their home

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There is no Capital Gains Tax in Barbados

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Prices are quoted in US Dollars

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Barbados currency is tied to the US$ 2:1

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PROCEDURE for PURCHASING PROPERTY SEQUENCE OF EVENTS The sequence for purchasing property in Barbados is as follows: Offer: Verbal offer and acceptance, followed by confirmation of the offer in writing Appointment: Engage local attorney for purchaser representation Sale and Purchase Agreement: Execute contracts and 10% deposit to the vendor’s attorney Completion: Conveyance and payment of the balance of the purchase price within three to six months

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FINANCING A PURCHASE US Dollar mortgages are readily available to non-nationals and non-residents, from the offshore sector of the local banking industry.

SETTLEMENT COSTS Attorney fees are approximately 1% - 2.5% plus 17.5% VAT. You will be expected to pay the proportionate amount of Land Tax.* *These costs are estimated and are variable based upon a number of factors.

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OPTIONAL PROPERTY MANAGEMENT PROGRAM Saint Peter’s Bay offers a comprehensive annual property management program to provide a truly turnkey ownership experience.

This includes, but is not limited to, the following: • Property Management Services • Coordination of residence maintenance requests and repairs • Fiscal management of property taxes and all utilities including water, electric, telephone, cable television and interior pest control

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Saint Peter’s Bay Road View, Little Battaleys St. Peter, Barbados SPBLiving.com | +1 246.836.1166 Estimates are based on historical averages of running cost and are not guaranteed. These projections reflect the best judgment of the Manager of the Proprietors, Unit Plan No. 156 (“Body Corporate”) as to the matters reflected based upon the most recent operating and financial information available, which may change from time to time. Additionally, this budget is subject to a certified third-party analysis of the reserve funding program. As in any forecast of future operations, a number of factors must be based upon estimates and variable operating expenses, all of which could be affected by matters beyond the control of the Body Corporate. Accordingly, neither the Body Corporate, the Manager, nor any of their respective officers, directors or members represent, guarantee, predict, or promise that any of the results set forth therein will be attained as actual costs may exceed the estimated costs. Nor shall the Body Corporate, the Manager, nor their respective officers, directors or members assume or incur liability based upon or arising out of the submission of such forecast or any reliance thereon.

This does not constitute an offer to sell or a solicitation of an offer to buy a unit. Nor is it an offering or solicitation of sale in any jurisdiction where the development is not registered in accordance with applicable law or where such offering or solicitation would otherwise be prohibited by law. Obtain all disclosure documents required by applicable laws and read them before signing anything. No governmental agency has judged the merits or value, if any, of the development.