Cheap Caribbean Island Properties For Sale By Owner
If you're looking for cheap Caribbean island properties for sale by owner (FSBO), the best islands to look at are where real estate prices are still relatively low and ownership laws are friendly to foreigners. Here's a list of islands where you're more likely to find affordable FSBO properties:
Dominican Republic is one of the cheapest in the Caribbean with lots of FSBO listings, where property prices can range from $30,000-$100,000 for small homes or lots. In the Dominican Republic there no restrictions on foreign ownership, and there are plenty of active expat communities. Look at popular areas like Las Terrenas, Puerto Plata, Sosúa.
Roatán in Honduras is a budget-friendly island with a growing expat population and cheaper property ranges from $40,000-$150,000 for homes or ocean-view land. In Honduras English is widely spoken and there is a strong FSBO market. Area to focus on are West End and Sandy Bay.
Belize, with a focus on Ambergris Caye or Caye Caulker), provides an English-speaking country with low property taxes. Property prices can range fromm $50,000-$200,000 for land or small homes. There is no capital gains tax, easy purchase process for foreigners.
Grenada is still affordable compared to other Eastern Caribbean nations and cheaper properties can range from $50,000-$150,000 for undeveloped lots or fixer-uppers, plus this is a stable, English-speaking, friendly to foreign buyers.
Jamaica's rural areas on this large island has pockets of cheap land. Property ranges are $20,000-$100,000 outside tourist zones.
Caribbean Island Properties
The Caribbean is a great place to buy properties that are for sale as this region has outperformed sentiment wise the rest of the globe and remains the #1 location for wealthy North Americans to purchase properties that often come with the luxury tag that the Caribbean is known for.
Looking for property on island in the Caribbean? The area known as the Caribbean is a mass of islands of differing sizes, many with no population at all, some with a hand full of residents and a few very popular islands with sizeable numbers of people, some permanent and many just passing through.
If you are looking for property for sale, or general International Real Estate For Sale and for rent, start your search in this Directory.
The idea of owning an island in the Caribbean is altogether very exciting and yet daunting, as most will need significant sources of revenue to be able to afford to live on an island in the Caribbean that they own. There are companies that will purchase an island as a corporate retreat or look to purchase an island associated with a main or larger island that offers particular benefits like tax concessions and even residencies.
If you are an agent or Owner with a Caribbean island and are looking for a buyer or investor add your island to the Property For Sale section today.
Properties in the Caribbean for sale can be on the high side price wise (often the cheapest property is not worth purchasing for long term returns) but the attraction of the location also makes this one of the more reliable locations in which to invest.
