Caribbean Property News

Lower prices attracting buyers to Barbados, it is claimed

by Ray Clancy on October 13, 2011

Favourable prices attracting British, Americans and Canadians

Property owners in Barbados are reducing their asking prices by more than 10% to attract buyers ahead of the traditional selling season, according to real estate experts in the region.

Christian De Meillac, who heads up sales for Knight Frank on the Caribbean island, said the move has whet the appetite of applicants who are already planning their visits. [click to continue…]

{ 0 comments }

Thumbnail image for Bahamas real estate market showing signs of recovery

Bahamas real estate market showing signs of recovery

February 17, 2010

The real estate market in the Bahamas is showing signs of recovery with Grand Bahama leading the way, it is claimed. According to local agents 2009 saw price reductions and slow sales but now the market appears to be bouncing back.

Read the full article →
Thumbnail image for Flight boost for Caribbean property markets

Flight boost for Caribbean property markets

August 28, 2009

The real estate industry in the Caribbean has welcomed the start of new airline services from London to several islands as a much needed boost to the region’s property sector. Like many parts of the world the Caribbean has seen dwindling property sales particularly since US real estate investors have fallen away and many perceive the region as being too [...]

Read the full article →
Thumbnail image for How will the Allen Stanford affair impact upon the Caribbean?

How will the Allen Stanford affair impact upon the Caribbean?

February 17, 2009

The ongoing investigation by US authorities regarding the affairs of Allen Stanford and the Stanford Group could have serious consequences for the Caribbean with Antigua possibly the worst hit by the potential downfall of this once great empire. The Stanford Group is allegedly under investigation with regard to an $8 billion investment scheme which offered [...]

Read the full article →
Thumbnail image for Will Guyana pay a price for not signing EU Trade accord?

Will Guyana pay a price for not signing EU Trade accord?

October 13, 2008

As the EU continues to cast its net further and wider than ever before there are concerns that bully boy tactics could wreck some of the early stage property markets around the world.  Guyana is the latest country to come under pressure from the EU with regards to trading conditions with EU partners and is [...]

Read the full article →