Investing in Barbados real estate can often be a profitable idea as the country enjoys a steady real estate market with property prices rising year after year, but not to the extent to cause a housing crash as seen in the UK and US markets.
There are plenty of new residential and commercial developments in Barbados. You can invest in a second home or invest in properties to rent on a short or long-term basis to the islanders or in the tourism market.
You could invest in something as small as a single apartment, which you can either let/rent to tourists or keep for yourself as a second home in Barbados. There are a number of apartments available for purchase on the island with amenities ranging from the very basic right to penthouse luxury.
You can invest in an apartment on its own or within a complex with shared facilities such as swimming pool and a laundry room. Perhaps you are looking to invest in an apartment block or condominium complex to either let on a short-term rental basis or for long term tenants. If you are interested in investing in an apartment then please read our article on Barbados Apartment Sales.
Perhaps you would like to invest in a house in Barbados for rental purposes, again this could be let in the short term to the steady stream of tourists who are looking for self-catering accommodations or you could rent the property out long term. We have a number of guides at the Totally Barbados Real Estate website, which can help you determine the type of house you might like to buy in Barbados.
Please read our articles on Barbados House Sales, Barbados Town House Sales and Barbados Plantation House Sales.
Your investment interest may be towards a more commercial scale in which case you may look at investing in a hotel, there are a number of investment opportunities in this area. You can purchase a hotel with full management services in place and see a return on your investment through the established business or you could buy a hotel in need of refurbishment on a prime beachfront location with plans in developing and building condominiums or luxury villas. If so, please read our article on Barbados Hotel Sales.
For the property developer, the island of Barbados can be an excellent investment with some desirable plots of land available. Land sales in Barbados have a very cost effective square foot rate going from $50 to $200 Barbados dollars per square foot depending on the area. For a better idea on the different areas and parishes in Barbados, please go to www.TotallyBarbados.com and click on "About Barbados" where you will find a detailed description of each parish.
You can also read our guide within Totally Barbados Real Estate on Barbados Land for Sale. If you are interested in investments in Barbados Real Estate you should contact a Real Estate agent and advise them of the amount of investment you would like to spend on purchasing property in Barbados.
For a full contact list of Real Estate Agents and Brokers please see Barbados Real Estate Agents.