The property development of real estate in Barbados has over the last 5 to10 years been at an all time high. This has primarily been due to the high demand for housing and the establishment of the island as both an off shore business sector and island resort.
It follows that where demand is high and there is an element of scarcity then an increase in price is not unreasonable. Barbados property is an attractive prospect for buyers seeking personal use properties or property as an investment tool. The Barbados property market, like all markets is prone to upswings and downswings and should be viewed over the long term.
Property in Barbados is highly sought after in the Caribbean, both for investment purposes and for those looking for vacation homes. Barbados is 21 miles long and 14 miles across and is the smallest island in the Caribbean meaning there are a number of restrictions as to the amount of properties available in Barbados.
If you are looking for a property in Barbados try a property search in the property listings section where you can directly contact realtors and estate agents who advertise property in Barbados for sale or rent.
Barbados Quick Facts:
Capital: Bridgetown
Government: parliamentary democracy
Currency: Barbadian dollar (BBD)
Area: 431 sq km
Population: 279,912 (July 2006 est.)
Language: English
Religion: Protestant 67% (Anglican 40%, Pentecostal 8%, Methodist 7%, other 12%), Roman Catholic 4%, none 17%, other 12%
Electricity: 115V/50Hz (North American plug)
Calling Code: +1-246
Internet TLD: .bb
Time Zone UTC: -4 |
