Discover the Best Caribbean Homes for Sale Under $100,000
Always wanted to live the Caribbean dream but concerned your budget may not stretch far enough? Or perhaps you’re looking for an overseas property investment and you would prefer to just dip your toe in the region?
Yes, the Caribbean can be an expensive place to live and buy property. Many parts of the region have luxury real estate markets geared primarily to the top end of the market.
However, buying property in the Caribbean does not necessarily require a multi-million dollar budget. It is also possible to find more affordable properties in the region too.
So for buyers searching for villas and condos that come with a more modest asking price, here’s our pick of some of the best homes for sale in the Caribbean under US $100k.
Playa del Carmen, Mexico – US $83,000
Set along the Caribbean coast of Mexico on a strip known as the Riviera Maya, the resort town of Playa del Carmen is one of the most popular vacation destinations in the region. The condos at this new construction complex are one of the hottest new developments in the area. With contemporary design touches such as exposed brickwork the condos ooze New York loft-style appeal – all with hotel standard amenities on site including a bar, sundeck and pool and the turquoise waters of the Caribbean Sea just minutes away.
View similar properties: Playa del Carmen real estate
Tulum, Mexico- US $83,000
As one of the fastest-growing destinations in one of the most popular tourism hot spots in the world, Tulum is currently experiencing a construction boom. Condos and villas are in development in and around this town on the Riviera Maya. With the beaches of the Caribbean coast of Mexico just minutes away and a unique bohemian vibe, Tulum is attracting buyers from around the world. These condos offer incredible value for money. Located within a brand new apartment development, these units would make an ideal vacation home or investment into the destination’s flourishing rental market.
Read more: Condos for sale in Tulum, Mexico
View similar properties: Tulum real estate
Playa del Carmen, Mexico – US $87,500
Looking for a brand new, contemporary home overseas for under $100k? These stunning villas in Playa del Carmen start from $87.5k. Situated in a family-friendly community with pool and 24/7 security, these homes are within easy reach of the beach, hospitals, restaurants, schools and the shops at Centro Maya. With all these amenities practically on your doorstep, these homes are ideal as an affordable second home or reasonably priced rental investment in one of Mexico’s most in-demand destinations.
Read more: Homes for sale in Playa del Carmen, Mexico
View similar properties: Playa del Carmen real estate
Samana, Dominican Republic – US $92,000
As the most visited destination in the Caribbean islands, the Dominican Republic offers property buyers the opportunity to invest in a very powerful tourism market. The simply breathtaking region of Samana on the northern coast of the country is quieter than other parts of the country. As a result, property prices are (for the time being) comparatively more affordable. With the government dedicated to boosting tourism to the region, and investment flowing in, it’s unlikely to be such an appealing buyer’s market for long. These units are located within a new construction condo hotel overlooking one of the most beautiful bays in the country. With on-site amenities including 3 infinity pools, gym, spa and beach club as well as a rental program offering returns from 3 to 5% p.a. guaranteed by the developer, these condos represent some of the most attractive investment opportunities in the Dominican Republic.
View similar properties: Samana real estate
Bocas del Toro, Panama – US $94,900
Hugging the Caribbean coast of Panama, Bocas del Toro is a stunning chain of tropical islands dotted in the turquoise sea (plus a chunk of land on the mainland). Covered in lush greenery and fringed by dream-like beaches, the area is jaw-droppingly beautiful and epitomizes the Caribbean dream. Still largely off the beaten track, Bocas del Toro is rapidly emerging as a major tourism destination. As tourism has grown, demand for real estate in Bocas del Toro has grown too. These new construction studio condos, which start at a little under $100,000, are located within a new condo hotel development within one of the area’s most successful resorts. With a full suite of hotel amenities on site, proximity to the beach which is but a stroll away, stunning ocean views and snorkeling, swimming, water sports and a host of eco-activities available at any time, these suites are pretty hard to beat. When you throw in a 15% rental income guarantee from the developer, it’s practically impossible.
View similar properties: Bocas del Toro real estate
Bavaro-Punta Cana – US $99,000
Starting at just under $100k, these units offer the opportunity to invest in the Bavaro–Punta Cana region. This area is the most sought after tourism destination in the Dominican Republic. Almost 70% of the 6 million tourists that visit the Dominican Republic each year head to the Punta Cana area. Accommodation is therefore very much in demand, which makes these affordable condos so appealing. The condos are located within a striking contemporary condo-hotel just a stroll from the beach at Playa Turquesa. The management will offer a rental program too, allowing investors to generate annual returns estimated by the developer at up to 8% p.a.
Read more: Condos for sale in Bavaro-Punta Cana
Lucea, Jamaica – US $124,000
Looking for a bargain close to the beach in Jamaica? While not strictly under $100k, these new construction homes represent one of the most attractively priced home ownership opportunities on the island of One Love. The 2 and 3 bedroom homes are located within a new community comprising 435 units in quiet and tranquil Lucea roughly halfway between Montego Bay and Negril on the northwestern coast of Jamaica. Residents will be minutes from beautiful beaches and enjoy access to a range of amenities on site from a clubhouse and swimming pool to a fully equipped gym, tennis court, multi-purpose court and kids playground. All this with asking prices starting at US $124,000.
Read more: Homes for sale in Lucea, Jamaica
View similar properties: Jamaica real estate
Finding An Affordable Caribbean Home
So, whether you’re looking for a bargain condo in the Dominican Republic or an affordable villa on the Caribbean coast of Mexico, there are plenty of options available from across the Caribbean and Central America.
For details on all these homes for sale in the Caribbean under $100,000 plus many others, contact 7th Heaven Properties, the Luxury Caribbean Property Specialist.
To discover more, explore affordable Caribbean real estate on our website.