Condo For Sale

Picture of Condo For Sale in Bridgetown, Saint Michael, Barbados

$375,000

Paynes Bay, St. James
Bridgetown, Saint Michael, Barbados

1bd 1ba 618 sqft

Year Built: 0

Listed By: Nvest Estates

Listed On: 12/20/2025

Listing ID: GL12088623 View More Details

Description

Secure a furnished West Coast residence in Paynes Bay — one of Barbados’ most in-demand neighbourhoods, steps from the beach.
Ocean Blue offers a limited selection of fully furnished luxury condominiums designed for lifestyle ease and rental appeal, with a structured purchase process aligned to construction milestones.

USD $10,000 refundable reservation deposit | Limited availability. Strong demand. Reserve early to secure best unit selection.

Construction is anticipated to commence April/May 2026, with a streamlined -20-month build-out, positioning the project for timely delivery and early enjoyment.

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DELIVERY & TIMELINE

* Estimated delivery: Q2, 2028
* Purchasers benefit from a structured stage-payment plan aligned to construction progress, allowing clear planning from contract through completion

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THE RESIDENCES

* Selection of 1-, 2- & 3-bedroom condominiums
* All residences sold fully furnished
* Modern open-plan living and dining layouts
* Private terraces or patios for indoor–outdoor living
* Contemporary kitchens and bathrooms
* Excellent suitability for short-term and long-term rentals
* Practical layouts designed for personal use and rental performance

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AVAILABLE UNIT TYPES & PRICING (USD)

1-Bedroom Residences
Approx. 618 – 752 sq ft
From USD $375,000

2-Bedroom Residences
Approx. 1,091 – 1,304 sq ft
From USD $625,000 – $855,000

3-Bedroom Deluxe Residences
Approx. 1,729 sq ft
From USD $1,055,000 – $1,120,000

A number of units are already reserved, highlighting continued demand for furnished West Coast property in this category.

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Development Amenities:

* Gated Community
* Private rooftop infinity pool with panoramic ocean views
* Rooftop lounge and bar for entertaining
* Rooftop shower and changing facilities
* Fitness and yoga room
* Security personnel, secure entry points and CCTV surveillance
* Allocated parking
* Luggage storage room for late departures
* Direct beach access across the street
* Electric Gate
* A large high speed elevator that transports guests from the reception to residential levels and the upper amenities floor
* Prime location, just five minutes from Holetown
* Near to top restaurants, golf courses, shopping and beach clubs

WHY PAYNES BAY, ST. JAMES

Paynes Bay is one of the most established and desirable locations on Barbados’ west coast, known for:

* Calm, swimmable beaches with crystal-clear water
* Proximity to Holetown, fine dining, and luxury amenities
* Easy access to golf, yachting, and lifestyle attractions
* Strong and consistent holiday rental demand
* A proven track record for long-term capital stability

Ocean Blue offers West Coast prestige with a more practical entry point than ultra-prime beachfront estates.

Return on Investment

Owners may participate in a professionally managed rental program through an agreement with the developer. The program is run by an experienced luxury rental team with a strong track record of consistent returns.

Ocean Blue provides a fully turnkey, hands-off solution, managing marketing, launch, operations, and guest services end to end. Its prime location appeals to both leisure and business travellers, supporting strong occupancy, reliable income, and long-term asset value.

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HOW TO RESERVE

Securing a residence at Ocean Blue is straightforward and buyer-friendly:

Reservation Deposit

* USD $10,000 refundable reservation deposit
* Held in escrow by the developer’s attorney-at-law
* Fully refundable if the purchaser withdraws prior to signing the Sale Agreement
* Reservation deposit is credited toward the purchase price on completion

Next Steps

* Execute the formal Sale Agreement (within the agreed reservation period)
* Payments made in stages aligned to construction milestones
* Final balance due on completion and transfer of title

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STAGE PAYMENTS (AFTER SALE AGREEMENT)

* 20% on execution of Sale Agreement (inclusive of the USD $10,000 reservation deposit)
* 20% at foundation completion
* 20% at structural completion (walls and roof in place)
* 20% on completion of windows, doors, and first-fix MEP
* 15% at practical completion (ready for occupation)
* 5% at handover and transfer of title

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WHY INVEST IN BARBADOS

* Politically stable, English-speaking jurisdiction
* Secure property rights and transparent legal system
* No capital gains tax on property sales
* Strong tourism-driven rental demand
* Long-term appeal as a lifestyle and legacy destination

Barbados continues to attract international buyers seeking security, lifestyle, and sustainable long-term value.

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Paynes Bay inventory is limited — and quality furnished residences are absorbed quickly.
To secure your preferred layout and position early, enquire now to review availability, understand the reservation process, and plan confidently through staged milestones.

Reserve early. Choose better. Plan with clarity.

Property ID 85860

Price Start from USD$375,000

Property Size 618 Sq Ft

Bedrooms 1-3

Bathrooms 1-3

Property Status Signature Listings, FOR SALE

Address: Paynes Bay, St. James

City: Bridgetown, Barbados

State/county: St.James, Barbados

Country: Barbados

Other Residential Properties For Sale in Bridgetown, Saint Michael, Barbados

Source: The World Property Journal

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