Discover Our Pick of the Best Caribbean Homes for Sale Under $200,000
Synonymous with luxury living, the pristine beaches and lush hillsides of the Caribbean are famed for magnificent estates in chic destinations such as St Barts, Grand Cayman and Turks & Caicos.
Prices at the top end of the market can rise into the tens of millions. However, the dream of buying real estate in the Caribbean can be achieved on a much smaller budget too by savvy investors.
Condos can start from well under $200,000. Studios can be snapped up for even less in some locations. It is even possible to pick up homes for sale in the Caribbean under $100,000.
So, for buyers looking to invest in affordable real estate in the Caribbean, here we showcase our pick of the best homes for sale in the Caribbean under US $200k.
Roatan – US $185,000
These stunning, contemporary-style condo is located at Acqua di Mare, a boutique development of just 8 residences less than 300 meters from the world-famous white sands of West Bay Beach. Perfect for modern luxury living on Roatan, Acqua di Mare offers proximity to the beach and the new golf course, as well as use of a community pool and a parking space for each unit.
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Bavaro-Punta Cana, Dominican Republic – US $195,000
One of the most popular destinations in the Caribbean, Punta Cana in the Dominican Republic attracts millions of visitors every year. As a result, apartments in Punta Cana are perfect for vacations as well as investments for the short-term rental market. These condos in the Bavaro area to the north of Punta Cana Airport are some of the most reasonably priced properties in the area. Enjoying views of the Cocotal Golf & Country Club and use of both the Playa Coral beach club and the sports facilities, gym, beach and swimming pools of the Meliá Caribe Beach, they are perfect for golf and beach lovers alike.
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Montego Bay, Jamaica – From US $197,600
In recent years, there has been a boom in development in Jamaica. New condominium and apartment developments have sprung up in leading destinations. These brand new condos at Dream 36 in Montego Bay count among the most exciting. Dream 36 is a landmark apartment development in upscale Ironshore, Montego Bay located beside the Ironshore Golf Club. Residents will enjoy use of a superb collection of amenities including a rooftop infinity lap pool and Jacuzzi, a 24 hour fitness suite and a 24 hour movie theater.
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Bocas del Toro, Panama – From US $196,235
Looking for a reasonably priced home with all the benefits of a resort? These new condos are located in Bocas del Toro, an idyllic island chain off the coast of Panama. With a marina, restaurant and bar, spa, miles of rainforest trails, and access to 5 beaches, great snorkeling and surfing, the resort is the perfect destination for all the family. The units also come with a 15% rental income guarantee from the developer, meaning they make a great investment too.
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Nevis – US $200,000
Shared ownership can offer the opportunity to enjoy the benefits of home ownership in the Caribbean without the hassle and expense of full ownership. This particular opportunity represents one of the best opportunities currently on the market. An investment of US $200,000 provides 1 free week of exclusive usage of this luxurious 3 bedroom villa at Cliffdwellers, Nevis per year on a first come first served basis between 1 June and 31 October. Most importantly, as this shared ownership program has been specifically designed for the Citizenship buyer who would like to have a real estate investment as part of their citizenship application package in mind, an investment qualifies the buyer for the St Kitts & Nevis Citizenship by Investment Program.
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Finding Your Perfect Property in the Caribbean for Under $200,000
So, from affordable condos in the most popular destinations in Jamaica and the Dominican Republic to very attractively priced villas on islands such as Bonaire and Roatan, there are plenty of affordable options on the market in the Caribbean.
For details on all these homes plus many others, contact 7th Heaven Properties, the Luxury Caribbean Property Specialist.
To discover more, browse affordable Caribbean real estate on our website.