Property for sale Barbados
Barbados property sales, hundreds of homes for sale from all over the beautiful Caribbean Island of Barbados. Many of our listings are ideal for overseas buyers seeking a Barbados holiday home to own for themselves, second home abroad or an investment property.
Barbados makes a great place to buy a property with year around sunshine, friendly people and superb beaches it’s the ideal place for a home abroad. Homesgofast.com has been promoting properties in Barbados since 2002 and has helped put international buyers with some of the best real estate agents, property developers and individuals selling a Bajan property themselves. The local way of life, architecture and economy all have a British influence making many buyers feel like it’s a home from home destination.
Searching for property in Barbados is easier thanks to Homesgofast.com which is now one of the world most established overseas real estate websites with real estate listed from all over this Caribbean Island Our visitors come from all over the world many with the intention of finding the ideal Barbados property, some are looking for bespoke luxury properties, homes near the beach or by a golf course. Barbados established tourists industry means that buying a property to rent to holidaymakers could be a long tem sound investment
“Barbados makes a great place to buy a second home that you can use yourself and rent when your not there. Your property should appeal to those flying in from the UK, US and Canada all of which have direct flights arriving each day. Nick Marr Homesgofast.com
Best place to buy property in Barbados
Homesgofast.com visitors consistent search for these locations and types of property in Barbados :
- Christ Church apartments
- Speightstown villas
- St George properties
- St James luxury properties
- St Joseph property
- St Michael property
- St Peter property
- St Philip property
- St Thomas property
- The Crane property
Buying a property in Barbados
Our international buyers are people that are motivated and many needing find international real estate for investment, relocation, moving abroad , retirement and to buy holiday homes abroad. Used by thousands of people each day we are the place for people looking to invest abroad or make the move overseas. We have thousands of buyers receiving our property alerts and are putting buyers and sellers together everyday.The resilience of the Barbados housing market is reflected in the financing options available. Mortgages are available mainly through the Canadian Scotiabank. Terms vary according to circumstance, but mortgages of up to 70 per cent loan to value can be had and borrowers are assessed on affordability criteria rather than just multiples of income. Lenders look at other debts, including UK mortgages, assets and income before making their lending decisions.
Barbados property for sale by owner
Homesgofast.com has been helping owner sell thier Barbados homes since 2004. Listings for sale by owner can be considerably cheaper offering access to cheap real estate in Barbados. The little England of the Caribbean is full of potential with numerous beach houses ideal for holiday home investments.
House sales Barbados
Foreign buyers in Barbados are predominantly British, American and Canadian, with some Russians and East Europeans.
The resilience of Barbados’ real estate market continues to attract buyers – especially compared to the other parts of the Caribbean which have experienced greater price fluctuations, according to Chesterton Barbados chairman Kieran Kelly.
"It´s a very stable place – economically and politically – it has a familiarity to it for British buyers, with low crime, good roads, hospitals and schools and excellent communication from US and Europe. It has a depth of culture which means buyers can winter there without going crazy," says Savills’ Caribbean director James Burdess.
"Possibly the most active market in the Caribbean, Barbados’ west coast offers more than ever before with new restaurants, hotels and the same fantastic beaches. Knight Frank has seen a marked increase. Buyers are seeing value, vendors are realistic and the market is rising again."
Barbados property for sale beachfront
Selling Barbados property to foreign buyers
Our advice when selling a property from Barbados to international buyers is to :
Present your property well by using good quality photographs. When writing your description always include how close the property is to major transport links such roads, stations and Grantle Adams airport. Always consider who the buyer might be. Many overseas buyers buy property as a second home or investment. British buyers for example may simply want to own a home in Barbados as second home overseas. In this case think about what the property would provide as rental income when they are not there. Are there ways to manage the property that are affordable and reliable?
Never over price to test the response from the Barbados housing market! This is one of the biggest mistakes owners make when the sell a property online. Buyers will always compare one property against another and the internet makes this easy to do. Always invite people to make an enquiry so they can learn more about the property for sale. Finally consider taking a video of the property to show potential buyers so they can see fully the property.
How to buy real estate in Barbados
- Land and property are available without restrictions to non-nationals.
- Overseas buyers must first get permission from the Central Bank of Barbados. This step is merely a formality.
- Vendors are liable for the property transfer tax which is charged at the rate of 10% of the purchase price.
- It is advisable to employ the services of an attorney-at-law and a reputable real estate agent to handle these transactions. Legal fees are approximately 2% of the purchase price.
Investment guide can be found at http://businessbarbados.com/investor-guide/real_estate/
Cheap real estate in Barbados
Yes yes yes it's still possible to find cheap real estate including land for sale in Barbados, Homesgofast.com regularly feature listings offered for quick sale from motivated owners that need to sell fast. Both agents and owners use our service to advertise to our UK audience who love Bajan property, we have thousands of people receiving property alerts for cheap propoerty sales in this beautiful Caribbean Island.
General advice when buying property in Barbados
- Never sign a contract that is written in another language that you don’t understand without a translation.
- Don’t miss out or circumvent any legal procedures for cash benefits offered by the buyer
- Research and follow local laws on buying and renting out property
- Always get written confirmation of what has been agreed in any negotiations and always insist on a paper (preferably not electronic) receipt for monies paid
- Check that the seller or property developer owns the title deeds to the property or land and can transfer them to you. If buying brand new, or partially built, from a developer, check that the title deeds for the property in question actually exist
- Check that the deeds to the property or land have not been offered as collateral for any loans
- Check whether the owner has outstanding utility bills, local tax demands etc that you may be liable for on purchase of the property
- Talk to other property owners in the area or on the development to establish if there are any issues you should be aware of before purchasing (such as floods in winter, lack of water or electricity supplies in summer)
More advice here
Selling a property don’t forget about your currency and the Bajan Dollar
One of our top tips to people selling and buying a property to people from another country is to research currency exchange methods. Property transactions are all vulnerable to foreign currency exchange rates and small fluctuation can mean huge losses. To negate this risk its always wise to take the advice of a foreign currency specialists who can book rates, provide lowers fees and better rates than many banks. Unless you are buying direct from a developer, before the purchase can go ahead you'll almost certainly need to open a bank account in the destination country. The aim is to ensure that you get the best exchange rates and that the funds are in the right place when they are needed. More advice at our Currency Zone
Advertising Property to International Buyers
Homesgofast.com has been successfully putting buyers and sellers together online since 2002! Our listings are promoted on multiple property websites. WE have a huge niche audience many of which arrive at our site by searching ‘Homes Go Fast” . Consistently popular property searches made by overseas buyers seeking Spanish property at Homesgofast.com include , ‘barbados real estate for sale by owner’ ‘houses for sale in barbados cheap’ ‘ barbados condos for sale’ ‘barbados real estate agents’ cheap land barbados
Marketing and advertising Barbados Homes to Worldwide Clients
If you have a development, website, real estate agency or looking to sell directly by owner, our international property website can help you find the right buyer for your Barbados real estate.
More information Barbados
Government Type: Parliamentary democracy and a Commonwealth realm
Total Area: 166 Square Miles
430 Square Kilometers
Location: Caribbean, island in the North Atlantic Ocean, northeast of Venezuela
Video Guide to Barbados
Getting along with the Barbadian People
some light hearted comments about Bajans
Chupse or Kiss-Teeth is a way of showing disgust. Abimbo or standing with the hands on the hips and the arms turned outward is a gesture of defiance or anger in Barbados.
The national dish of Barbados is Cou-Cou & Flying Fish.
In addition to flying fish, many other varieties of fish are found in the waters surrounding Barbados, including kingfish, swordfish, red snapper, yellow-fin tuna, albacore tuna, marlin, shark and dolphin. Staples include sweet potato, yam, breadfruit, cassava, rice, English potato, pasta and cou-cou.
Where to find more out about Barbados
Barbados Property News