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THE-INVESTMENT-PICTURE-–-OPPORTNITIES-FOR-BUYERS

The Investment Picture – Opportnities for Buyers

22.01.15

BARBADOS in context

OPPORTUNITIES FOR UK BUYERS
Increased confidence in the economy, rising incomes and appreciating house prices mean overseas property purchases are back on the agenda for UK buyers. According to the 2013–2014 survey of English housing, 32% of second homes abroad (116,000 properties) are located in non-European countries, up from 80,000 in 2012–2013, despite global financial conditions.

With fewer overnight and cruise visitors than other popular hotspots such as Mallorca, the Côte d’Azur, Tuscany and Miami, homeowners in Barbados find the beaches, golf courses and tourist attractions far less crowded and therefore much more tranquil and exclusive.

STRONG INVESTMENT RATIONALE
The appeal of owning a second home in a safe, long-haul beauty spot is growing. In fact, Rightmove reported an annual rise in the volume of searches for Caribbean homes in its overseas search report for August 2015. For homeowners seeking to let their properties, the attractive year-round climate and winter sunshine characteristic of Barbados ensure a constant flow of visitors, boosting rental occupancy.
Stars
Golf

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Relatively long visitor stays compared to other destinations can mean reduced marketing costs, fewer void periods and higher net revenues. Over 31,500 visitors to Barbados in 2014 planned to stay more than one month on the island.

The prevalence of English speaking tourists means that marketing to prospective guests is straightforward, and with 39% repeat visits to the island there is a uniquely captive audience.

At present, Barbados waterfront condominium property prices are far more competitive than other popular UK second home destinations. Monaco is
almost six times more expensive than Barbados on the basis of £ per square foot values. A busy 2015–2016 winter season is likely to put upward pressure on prices for exclusive Barbados properties.

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Abode Affiliates

  • Alleyne Real Estate
  • Blevins Franks
  • Coldwell Banker
  • Crane Resorts
  • Monaco Real Estates
  • RDO
  • St Francis Links
  • Unique Home Stays
  • Yoo
  • Worldwide Dream Villas
  • Enigma Yachts Limited
  • Cornerstone Tax Advisors
  • Pedini London
  • Alexander James
  • Moore Stephen
  • Ibiza Transit Express
  • Oyster Yachts
  • Jumeirah
  • Wall Street Luxury
  • Heron Real Estate
  • Edenhurst
  • MG&AG
  • Gama Property
  • Touch Design Group
  • St Edward
  • Ultra Villa
  • Luxury Italian Living
  • Habitat First Group
  • BDO
  • 7Storeys
  • Worldwide Property
  • Dimora
  • Dominic McKenzie Architects
  • Harry Manning
  • Smart Living
  • Isle Blue
  • MAS Marbella
  • Millgate
  • Jersey Finance
  • guernsey-relocations-logo
  • viberts-logo
  • kpmg-logo
  • author-interiors
  • Wilkinson Beven
  • BoConcept
  • Ante Vrban
  • Deborah Garth
  • You home
  • Ra Shaw Designs
  • Caudwell Collection
  • accanto-interiors
  • Fritz Hansen
  • capital-rise
  • jarrods-staircase
  • neil-davies-logo
  • Tina Shone Group
  • Taplow riverside
  • Aimo
  • ns-ceramics-logo
  • Rusk
  • Consilium Expert Group
  • Ben Krupinski Builder
  • Swoffers
  • Guernsey Relocation Services
  • Douglas Graneto
  • Strutt & Parker
  • wilsons
  • MJC Associates
  • plainspace
  • Fine & Country
  • Bramble Ski
  • Penthouse queen
  • Sarco_Affiliate_Logo
  • taylor wimpey
  • cooper-gardner
  • M Design Architects
  • codan
  • Lovells
  • London DE
  • HELENA JORNET FINQUES
  • Prime Lands Group
  • Bellegarde Estates
  • Sinclair
  • Pippa Paton
  • Ecole d'Humanite
  • Benedek Lewin
  • Inspired Villages
  • Huelin Homes
  • Gaudin
  • Lovells Property
  • Racecourse Lodge Logo
  • Paseo
  • Lemay + Escobar
  • Octagon
  • Locate Isle of Man
  • Newlands of Stow
  • Hawksford
  • Holdun
  • Schule Schloss Salem
  • AR Architecture
  • lazaro
  • Sella Concept
  • Blakstad
  • SAREG
  • miller interior
  • Wealth Club
  • Yellow House Architects
  • Designer Touches
  • Zafiro
  • Nicole Murray
  • Scout Boats
  • Emerson Insinkerator
  • Forsters
  • https://www.cullenhomes.co.uk
  • https://www.londonlight.works

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