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Facilities & Services: Barbados Real Estate

Beautiful coral stone homes, full service office buildings, luxury villas, modern hotels and resorts, historic plantation houses, regal churches and the modest chattel homes are the hallmark of Barbados.

Leading the Caribbean from the early days of sugar through the Tourism boom and into the Offshore Business arena, Barbados has developed a distinctive structure of services and facilities. It is an attractive place to live, with a vibrant economy in a stable setting with excellent infrastructure. It is no wonder that the world's richest families build elegant mansions on the islands shores, movie stars rent villas and companies have discovered its business benefits.

With it's warm climate, social and political stability and friendly people, Barbados is the perfect place to purchase that retirement house or holiday home.

 

Where and What to Buy in Barbados
Choose from luxury homes and villas to condominiums and town houses. The popular beach front property of the West and the South coast is home to splendid luxury villas, while new areas of development and investment are opening in the North and East.

The Port St.Charles marina in Speightstown in the north-west of the island offers spectacular luxury villas at the water's edge, while fairway homes and villas are available at the luxurious Royal Westmoreland Golf Club on the West coast and at Rockley Golf Club on the South coast.

If you are purchasing a holiday home, a local property management company can arrange rental of your property when you are not occupying it, providing an immediate financial return on investment.


Barbados Real Estate and Villa Rentals



Procedures For Non-Barbadian Real Estate Buyers

  • Barbados real estateLand and property are available without restrictions to non-nationals.
  • A non-Barbadian buyer must first get permission from the Central Bank of Barbados. This step is merely a formality.
  • Vendors are liable for the property transfer tax which is charged at the rate of 10% of the purchase price.
  • Since financing is not available for non-Barbadians, you must bring the entire amount of the purchase price into Barbados. When you do, this amount must be registered with the Central Bank of Barbados. The Central Bank guarantees repatriation of this amount on selling.
  • It is advisable to employ the services of an attorney-at-law and a reputable real estate agent to handle these transactions. Legal fees are approximately 2% of the purchase price.


Barbados Land and Quantity Surveyors

  • Barbados Land Surveyors Association


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