Properties in Barbados
Caribbean Real Estate
Vacation and residential property
Houses, villas and condominiums
Investments and business
Barbados
has beautiful coral stone
houses, luxury villas, modern
hotels and resorts
and
old plantation houses.
Barbados is the leading
Caribbean country for
tourism and offshore
business, and has a well
developed structure of
services and facilities.
And Barbados is a very
attractive place to live.
It has a vibrant economy, a
stable political system and an
excellent infrastructure. It is
hardly surprising that
many of the
world's richest people own or rent elegant mansions and villas on the islands. And many international
companies have discovered the benefits of setting up business in Barbados.
And Barbados is the perfect location for your retirement house or holiday home, with it's warm climate, stable social and political systems and friendly people.
Buying Property in Barbados
Please contact us for
more details
Global Life Properties have a wide selection of luxury homes and villas, condominiums and town
houses.
The west of the island is where you will find popular beach front property, whilst there are wonderful luxury villas in the south-west. And there are new developments and investment properties being built in the north and east.
For example, the Port St. Charles Marina in Speightstown includes some spectacular luxury villas at the water's edge, while golfing villas are available at the luxurious Royal Westmoreland Golf Club on the west coast and the Rockley Golf Club on the south coast.
There are no restrictions to owning property on the island. Both international investors interested in development projects, and anyone purchasing a holiday or retirement home is welcome. Foreign investors and buyers must obtain permission from the Central Bank prior to the purchase, but this is a formality.
All money brought into the country must be registered at the Central Bank, which guarantees repatriation when the property is sold. So it is essential to conduct property transactions through a reputable real estate agent and a local attorney-at-law, who will handle all the necessary formalities for you.
We have respected agents on the island who will help you through their
detailed local knowledge, and we can give you advise about local lawyers.
The buyer does not need to pay Property Transfer Tax for existing buildings but the vendor must pay a transfer tax of 10% of the purchase price. A Property Transfer Tax of 10% is payable by the buyer for land purchase. We advise foreign investors to seek professional tax planning advice prior to purchasing property on the island to minimise or avoid liability to taxes and duties on resale.
For more about our properties, complete our form or contact us by email at
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