Buying Caribbean property

[ryan]

I one month ago bought a flat in Berlin as an overseas property investment. This was purely for capital growth as I believe Germany and Berlin property is undervalued. I now want to buy a second property overseas, particularly the Caribbean. I have been looking at the Dominican Republic as flats are on offer for as little as 50k dollars. Does anyone have any experience of the Caribbean property market? I have heard the dominican republic has a crime problem. I do not want to invest more than ?50k. Is this realistically possible? If anyone has any queries over Berlin property buying process feel free to ask me....

Thanks
ryan

[jvizman]

Well why don't you look at Costa Rica? it is the safest latin american country! has the 2nd highest literacy rate in the world! in a list of 419 countries CR was 27th in safety!!! Great place with super people! you will love i am sure!

[misch.chief]

St Vincent is pretty good value for money too and isnt as stricken with crime

[Paul]

The Caribbean looks good to us too! We are currently investing in several fantastic resorts in The Dominican Republic, St Lucia, Barbados and St Vincent. Tourism and golfing hotspots!

[coolhandluke121360]

yes I have properties in bahamas, belieze, DR. and all throughout Mexico Caribbean tourist areas for sale let me know what u are looking for and I will gladly help u.

[Carlitto]

Hi there – does anyone know where I can purchase a large amount of land from in St Lucia? Agents or sellers?

[NYANG1234]

Hiya,

St Lucia is a great place to Invest, and some developments if you buy off plan are already under market value.

Different developers offer different things but I bought a month ago in St Lucia and only put £1000.00 down with 100% fianance until completion in January 2012.

[Carlitto]

Originally Posted by NYANG1234

Hi

I know of a great development in St Lucia not land but off plan property, which is currently below market value, I can give you a great agent to contact if you like.

Hi There, could you provide me with your and the developer details? 1000 until completion sounds like a great deal.
I am also looking for developers who are looking or selling large areas on land on the island.
Thanks,

Nomad.

[Carameux]

I live on Curacao (Dutch Caribbean) and the real estate market there is still undervalued compared to some neighboring islands, but it's getting ready to take off. There are quite a few resort projects here that offer great investment opportunities at pre-construction prices. One is on an 18 hole championship golf resort, with beautiful villa's, some of which are directly on the waterfront others are "on the green".

Investors will have no problems renting these villas to vacationers who want easy access to the beach or who want to golf. Participation in a rental pool makes it super attractive for absentee owners who live overseas too.

Just about all Caribbean islands have something great to offer, it just depends on what you are looking for, and whether you can get in on the ground floor level (i.e. pre construction prices), cause the prices tend to go up relatively quickly too.

[LEM80]

Hi Ryan,

You can buy a 1/4 acre for aroun $40,000 in San Felipe in Baja with a view of the Sea of Cortez. Let me know if you are interested.