Barbados is a beautiful island nation in the Caribbean that is known for its clear waters, stunning beaches, and vibrant culture. Many people dream of owning a property in this idyllic location, but is it a good investment? In this article, we will explore what it is like to invest in property in Barbados and offer some tips for first-time buyers. Why Invest in Barbados? Barbados is a popular...
The Massy Group, a Caribbean multinational headquartered in Trinidad and Tobago, is looking to dispose of one of its iconic properties in Barbados, the Massy Dome in Warrens, and is asking $40 million for it. According to the company's 2022 annual report, the Massy Group is divesting itself of underperforming assets and non-core operations as part of its strategy moving forward. Chairman of Massy,...
Speaking recently, Prime Minister Mia Mottley shared exciting plans in motion to redevelop & transform the islands Capital, which include welcoming a new hotel opposite the Kensington Oval, redeveloping the nearby central purchasing building, and using the BIDC building for “hotel and tourism” purposes. She also revealed that her government was in discussions with Guyanese officials about the...
What is proof of payment: A proof of payment can be either a receipt (scan, photo or PDF) or a screenshot from your online banking, clearly showing the following: Your details: Full Name/Account NameAccount NumberBanks Name Our details: Full Name/Account NameAccount NumberBank Name General details: DateAmount sentStatus - for example pending/sent.Currency usedReference or transfer...
COVID-19 has changed the entire Barbados economy, business and job markets. We have to make quick changes to ensure that Barbadians can support themselves. Hordes of people are working remotely on millions of projects around the world. Gone are the days where borders existed as it relates to many jobs across all sectors. There is a thriving Internet-job industry and many people in Barbados are...
A special visa for remote workers who want to work and live in Barbados. https://www.youtube.com/embed/6YaXicccRfc ''Welcome to Barbados! Why Barbados Sunny, safe and cosmopolitan Barbados is a lure to anyone whose work is flexible enough to allow them to set up office remotely. If you’re thinking about moving away from densely populated urban centres, want to escape an unforgiving...
We have a privately listed hotel for sale in Barbados ideally located in Christ Church. The hotel is operating daily and is in good condition with room for development. It is two minutes walk away from amazing beaches and many amenities. This property has a large swimming pool, restaurant on site and 24 self contained apartments with Kitchens ranging from studios to superior apartments sleeping 4...
When selling your property in Barbados, it is always best to have all the information on the property on hand. All documentation pertaining to the property including, but not limited to, plot plan, covered sq ft plan, land tax, utility bills, build restrictions, water courses,valuations, planning permissions, Offshore, Title Deeds etc. Listing: Strategic marketing is the shift to promoting your...
Deciding to take the plunge and buy a property is major change, but when you do… here is the real estate survival guide for buyers. Buyer’s checklist: 1. What can I afford? Calculate your monthly income and debt.Speak to your mortgage broker today for the best rates and don’t be shy to shop aroundFigure out your down payment. Click here for our luxury homes for sale in Barbados 2....
Taking out a mortgage is a major life decision and should only be taken after serious consideration. Here are some pros and cons to help you before you take the plunge. Let’s hear it for the advantages: Longer-term mortgages – 30-year mortgages mean although it's a longer commitment, it can be a more affordable option than before. Cost-effective borrowing – The interest rates on a...