Broadly speaking we can segment investors in real estate into three catagories: commercial, residential and vacation homes. Each type of investor has different motiviations and expectations of return (in the new market we call it threshold of pain). In this section we attempt to give you information about the Barbados market that will help you to make the best decision that you can. There is no substitution for direct advice so at best please use this section to start you on your path of investigation.
There is one fundamental factor that must be understood about the Barbados real estate market for any investor to make an infomed decision; and that is the size of our market. Most often big is good but in Barbados small is really great. We have very limited land resources and even fewer beachfront opportunities. The supply side of our equation is very limited and this effects prices possibly moreso than the demand side. Sure you can build more real estate in Barbados. We can go higher in the air, more dense on the ground, and smaller units overall. But in the final analysis our annual sales volume will never compare to the daily volume in our major trading partners capital city! In short, there is likely always to be more buyers in our market than we have properties to supply. Economist would love that statement.
So please read the guide understanding the unique opportunity that we offer and respectful of some of the nuiances that come when small is not just good but great.
As part of a Tourism Study prepared for the Barbados Hotel & Tourism Assoc. by Property Consultancy Services Inc., the results of an extensive survey done on Barbados' Villa Sector have recently been published. The majority of real estate companies in Barbados were surveyed and a full list of villas actively marketed for rent has been compiled as well as a detailed analysis of the available accommodation stock in the sector.
Barbados is a prime example of a small but dynamic country with a well recognised brand image - top of the small developing country pile, well governed with a stable economy, and carefully balancing the preservation of its culture with the need to share it with curious but well-heeled visitors.
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