As Caribbean property specialists, we're here to guide you through your search. We can introduce you to a wide selection of residential property, land for sale and commercial real estate in Barbados and beyond.
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Property in Barbados has had high appeal for many years. Established as a hot property market ahead of many of its Caribbean neighbours, the island has attracted wealthy investors for decades, including the 18 billionaires who have bought homes on the Platinum Coast (the West Coast of St James).
With its rolling green hills, golf courses and polo fields, Barbados is often referred to as Little England and is extremely popular with British tourists and property buyers. It is ranked first in the Caribbean for the greatest number of repeat visitors.
The island has not lost its lustre over time and property prices continue to climb steadily. In addition to the West Coast, the North Coast has attracted high net worth buyers for many years.
Barbados is synonymous with fine living and property for sale in Barbados, includes some of the world's most desirable real estate. The year round climate provides near perfect weather conditions, which makes for a whole host of wonderful dining options, fabulous outdoor pursuits and sport, including cricket tournaments at the Kensington Oval as well as superb golf and polo facilities at Royal Westmoreland.
Beyond the natural beauty of the island, the weather and the friendliness of its people, there is much to attract property buyers to Barbados: A legal system based on English law, an established tourism industry, and a prosperous, stable economy.
For the property buyer there are a range of investment options, from newly built super luxury developments to colonial era plantation houses. Prices typically maintain their value. Even during 2009’s global dip, Barbados held strong, considered the real estate equivalent of a gold bar.
There are no restrictions on non-nationals buying and selling property in Barbados and the buying process is transparent.
Buyers will require a local attorney-at-law to prepare an Agreement of Sale, Deed of Conveyance and Deed of Transfer prior to paying a 10% deposit.
Barbados property buyers are also liable for 2-3% legal fees and, when buying land, a 10% property transfer tax.
If you are considering purchasing a villa, apartment or land in Barbados, 7th Heaven Properties would be delighted to hear from you, so please contact us.
Our partner Moneycorp can help you get the best exchange rates available to save money when buying Barbados property or making overseas payments.
More: International Money Transfers for Caribbean Property Purchases.
Travelling to Barbados to view property? Book flights and accommodation through our travel partner Flight Centre First and Business for holidays and property viewings.
Our partner Avolus is the one-stop boutique solution for private jets, helicopters, yachts and limousines. To arrange VIP transport to and in the Caribbean, contact us for more information.
Considering buying property in Barbados and need assistance with tax advice, tax planning and asset management, our partner The Sovereign Group can assist.
More: Wealth Management.