Where to Invest in property on the West Coast of Barbados
Investing in property on the West Coast of Barbados - a very sought after area for both rental income and capital appreciation.
Investing in property on the West Coast, an very exclusive stretch of coastline of Barbados, and often referred to as the Platinum Coast, is a sought after area for both lifestyle buyers and investors.
Featured Property:
Port St Charles, Barbados - Condo For Sale
Location
Port St Charles,
Property Type
Luxury Condominium
Bedrooms
2
Bathrooms
2
Price
$1,000,000
The Platinum Coast, the area from from Holetown to Speightstown, is the most luxurious area of Barbados, with luxury villas, upscale resorts, and celebrity estates.
The Platinum Coast attracts rich very high-net-worth private buyers and investors from the UK, Canada, and the U.S.
The West Coast boasts calm Caribbean Sea waters, making it perfect for swimming, snorkeling, and boating, with beaches like Sandy Lane, Paynes Bay, and Mullins that are know throughtout the world.
Many luxury properties offer beachfront access or come with sea views, which leads to high demand for these luxury properties that can also be holiday rentals. Investors can earn very high rental returns during the winter tourist season which runs from December to April.
Plus Barbados has no restrictions on foreign property ownership, with the island offering good property laws, a relatively stable economy, and double taxation treaties with several countries. The Barbados Welcome Stamp program has also boosted the luxury rental market.
The West or Platinum Coast notable locations are Sandy Lane Golf Club, The Cliff, Lone Star, and Limegrove Lifestyle Centre.
Direct international flights from North America, UK, and Europe into Grantley Adams International Airport with the West coast a 30-minute drive.
Reasons to invest in West Coast (Platinum Coast) property are luxury, exclusivity, income potential, capital appreciation, stability and lifestyle appeal.
