Barbados offers investors an attractive and rare compromise: a harmonious blend of both the advanced infrastructure of a developed nation and the charm and beauty of a tropical island!
The property market in Barbados is the healthiest it has ever been and this is reinforced by the fact there are many exciting developments planned for the next several years.
Income Producing Property
The rental market is equally as strong! The short term market is healthy due to Barbados being one of the most popular holiday destinations and the long term market is in demand as there are a number of overseas workers requiring living accommodation.
The following points are true of the property market in Barbados:
•As a leader for tourism and international business, there is an extremely lucrative Real estate market that continues to see rapid growth.
•Property prices have never decreased and are currently increasing at an annual rate of approximately 15% p.a.
•It is predicted that during the next 2 years, 90% of new properties developed will be bought by investors from the UK!
•Prices currently start at £100,000 – but don’t delay, they continue to rise in value!!
•The rental market is very strong with both short term and long term rentals doing extremely well. A return rate of 10% is realistically achievable.
•New gated communities are also developing inland catering for community living with some central facilities i.e. health clubs, swimming pools, sports etc. These hold a high attraction for non-resident nationals as property prices are lower than the West and South coasts!
Tel: (246) 422 4034 Fax: (246) 422 4034 Email: info@blueshoreuk.com
