Bad weather and shaky economies in other parts of the world have conspired to hold down prices and demand on this island nation.
A quiet, sleepy enclave with softly-spoken staff waiting on your every whim. It has to be Saint Peter’s Bay, one of the best-kept secrets in Barbados.
Saint Peter’s Bay on the island's fashionable Platinum coast is a big complex with a small, intimate feel.
There are 57 homes, all apartments with en-suite bathrooms, walk in closets and huge sitting rooms opening out onto vast terraces overlooking the sea.
Demand for Caribbean real estate has doubled during the first six months of 2015 compared to the same period last year, according to analysis of enquiries conducted by Caribbean luxury property specialist 7th Heaven Properties.
Analysis of enquiries received via the 7th Heaven Properties website and the company’s magazine The Caribbean Property Investor indicates that interest in residential and commercial real estate in the Caribbean has increased dramatically across all price brackets.
Buried treasure can be found in the Caribbean, and you don’t need a pirate ship to find it. The treasure comes in the form of affordable real estate in five sub-tropical markets primed for growth. These areas are all poised to experience an economic boom in 2013 and beyond, and that has put wind in the sails of North American baby boomers. Each market has an inventory of move-in-ready properties that are suitable for retirement and investment purposes. They are also relatively inexpensive.
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