We have only highlighted a few of the many reasons why international property investors and second home buyers are heading to Barbados.....
Economical Reasons:
Good Capital Growth: 15% - 30% growth per annum is anticipated
Excellent Rental Potential: By the end of 2003, the island had hosted over 1 million tourists, of whom 531,211 were stay-over visitors and 559,000 were cruise ship visitors.
Accommodation for tourists is targeted to increase from approximately 7,250 rooms in 2003 to approximately 9,500 rooms by 2010, meaning that the demand for your property should be very good indeed.
Investment in Infrastructure: The Grantley Adams Airport currently undergoing US$100million upgrade & expansion.
Excellent Investment Opportunities: which includes 100% finance available, rental guarantees, and lower prices than similar properties on the west of the island.
Barbados is a mature Caribbean tourism destination: Large scale development dates back to the late 1950s and early 1960s but colonial ties to Britain had made Barbados a popular destination for wealthy British nationals for many years before World War II.
Sun, Sea, & Sand: Barbados has all year round sunshine with amazingly beautiful beaches and breathtaking coastlines boasting crystal clear warm waters and white sandy coves to explore
World-class Sports: World-class golf courses set in magnificent surroundings, several golf tournaments are hosted on the island throughout the year.
Cricket is the national sport of Barbados and they held the 2007 Cricket World Cup in Bridgetown. Other popular sports include tennis, Horse riding and of coyrse water sports.
Awardwinning Destination: Barbados won the award in 2005 at the World Travel Agent awards, recognizing the island as the Caribbean’s leading destination.
