Barbados Property Trends 2016

07.04.16

With some much needed liquidity returning to the market - there’s no better time to purchase your dream island home than now, suggests Paul Alleyne, Director of Sales for Alleyne Real Estate.

A variety of indicators suggest that the Luxury Property Market in Barbados is well positioned for increased growth during 2016. These include added airlift, increased foreign direct investment, well performing economies in source markets, turmoil in competing destinations such as Europe and the Middle East and importantly Barbados’ reputation of offering a safe and stable environment for visitors and investors. In 2015 Barbados recorded the greatest number of tourist arrivals in its history.

So here are the sought-after locations for investment? For Royal Westmoreland, 2015 was one of its best sale years on record and the resort continues to diversify its offering with the launch of its new fractional ownership programme and bespoke villas on Lancaster Ridge. With its established community and well developed amenities, it remains a winner with many investors and the coming months should be no exception. In other areas, construction of Apes Hill’s clubhouse is well under way with completion set for Christmas 2016 and this will undoubtedly propel this stunning development forward. Port Ferdinand and St. Peters Bay both offer exceptional luxury apartment purchase opportunities on the beach front and boast fantastic lifestyle amenities.

Prestigious areas such as Sandy Lane Estate are still viewed as prime investment areas with several renovations ongoing and a few luxury builds just completed. Other luxury estate areas include Mahogany Woods where the newly listed and stunning Treetopia property offers 3 acres in a gorgeous mahogany grove and sea views through the canopy of the trees.

There has been tremendous absorption of re-sales along the beachfront, specifically in terms of apartment sales. Beachfront land remains highly coveted with very few lots presently available. But for those investors with the vision and appetite for a luxury beachfront build, there are still some fantastic properties on offer, including 35,000 square feet at Monkey Bay which is just a few minutes walk along the beach from the famed Lone Star restaurant.

Barbados offers investment opportunities at every level and lifestyle. World class golf, polo and phenomenal restaurants are only a few of the other reasons to choose Barbados. The rest of the forecast? Plenty of sunshine expected. Book your flights and pack your sunscreen as the coming season should be a hot one.

Abode Affiliates

  • Ultra Villa
  • MG&AG
  • MAS Marbella
  • Chamonix Ski Chalet
  • QTD
  • Luxe Caribbean Properties
  • Wall Street Luxury
  • Prestige Architects
  • Monaco Real Estates
  • Wings
  • Edenhurst
  • Worldwide Property
  • Habitat First Group
  • Unique Home Stays
  • Harry Manning
  • Coldwell Banker
  • Oyster Yachts
  • Worldwide Dream Villas
  • BDO
  • Luxury Italian Living
  • Dominic McKenzie Architects
  • Moore Stephen
  • Page Architects
  • Crane Resorts
  • The Coastal House
  • Pedini London
  • Yoo
  • Alexander James
  • Ibiza Transit Express
  • Smart Living
  • 7Storeys
  • St Francis Links
  • Enigma Yachts Limited
  • The Hideaways Club
  • Blevins Franks
  • Cyan International Properties
  • St Edward
  • London Fractions
  • Dimora
  • Panorama
  • Touch Design Group
  • Heron Real Estate
  • Destinology
  • Strutt and Parker
  • Jumeirah
  • Rosemont Consulting
  • Isle Blue
  • RDO
  • Lida Cucina
  • Smart Currency Exchange
  • Alleyne Real Estate
  • Knight Frank
  • Dost & Co
  • Cornerstone Tax Advisors
  • Gama Property
  • CID

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