A Guide To Barbados Real Estate

This tropical paradise has long been seen as an excellent investment opportunity for Barbados Real Estate.  With our beautiful beaches and warm friendly people Barbados has long been the No. 1 choice with persons looking for investments or simply looking to purchase their retirement or holiday home.  With Property Values on the steady rise over the last few years in Barbados, this trend is expected to continue for some time.

In Barbados we have a diverse product to sell, and as always location is the key to what you are looking for.  Our beachfront properties are prime with special emphasis placed on our west coast (gold coast) where one can find most of our luxury villas at prices well into the millions.  They are also many gated communities, Tennis and Golf Resorts, and of course our stunning Marina.  In recent years we have seen a steady rise in condominiums both beachfront and inland and this allows more modest pockets to still afford beachfront locations.

However the West coast is not the only available location for purchasers and as they are no restrictions to non-nationals on where to purchase or at any price line like other islands, we have seen a steady trend of non-nationals purchasing property inland with wonderful opportunities available to them like our beautiful, historic plantation homes.

We at Boardwalk Realty Inc. offer a wide and diverse selection of properties all over the island and our trained staff is here to offer you the best guidance and to help you every step of the way.  And remember if you don’t see what you are looking for on our site just drop us a line with your requirements and we will source the property for you as we work with all other agents on island to find the best deal for you.

Below are a few guidelines you need to know when considering to purchase:

• To purchase property in Barbados you will require the services of a local attorney at law.  Our staff can advise you of the best one to choose.

• The vendor when selling his property must pay 7.5% property transfer tax and 1% stamp duty as well as approx 2% attorney fees. The vendor also pays Realtor Agent fees.

• The purchaser only pays his attorney fees.

• All funds brought into the island must be registered as a formality at the Central Bank

• Properties can be purchased either in an individual name or a company name. Or by purchasing the company that owns the property.

• Some financing can be done locally but majority of the time funds are sourced from outside.

• Property sales can take three – six months to close on island.

After we have helped you find your dream home on our island paradise, Boardwalk Realty is also here to help you manage it and if desired achieve some income from it.  Our trained staff are happy to manage your property for you as well as add it to our rental pool to increase revenue.  Please have a look at our site for further information on this or just drop us a line.

We at Boardwalk Realty look forward to hearing from you and helping you get one step closer to owning your dream! Choose Barbados Real Estate.

St. Peter Barbados Luxury Property Rental | St. Peter Barbados Property Rental | St. Peter Luxury Home Rental | St. Peter Barbados Luxury House Rental | St. Peter Barbados Luxury Villa Rental