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Investment International Offshore Banking, Offshore Funds & Offshore Online Banking


Barbados Investment Opportunities

Sugar Hill offers more sporting opportunities - this time for tennis enthusiasts. Backed by tennis player David Lloyd, the development offers courts, a clubhouse and communal pool; it will comprise 46 townhouses priced from US$530,000, and 28 villa plots costing anywhere between US$220,000 and US$800,000 for the plot alone. Paddy Dring of UK selling agent Knight Frank, estimates roughly the same again is needed for construction.

Barbados Investment Opportunities & Romantics

 Romantics who are neither sportspeople nor compulsive beach bums - and who have a spare US$1 million or more - might well look inland, towards the island’s stock of historic plantation houses. Be warned - many need quite a lot of work to restore them to their former glory, though not necessarily. For example, Byde Mill in the parish of St George is a handsome classic coral stone plantation house in four acres of gardens, fully renovated and complete with its own pool. It’s on the market at US$1.5 million through Hamptons International. As a rule of thumb, Harry Manning says that even a relatively small property near the west coast will cost at least US$1 million.

Barbados Investment Opportunities & The East Coast

 “But if you head further east towards the east coast you could pick up something similar for a third of the price.” In comparison with rambling isolated houses, the smart ‘community lifestyle’ schemes clearly have various advantages for international purchasers - and they are the easiest, most affordable way to buy into a slice of paradise.

Yet there is a kind of sterility about them - inside those security gates, you could as easily be in Florida or southern Spain as in the heart of the Caribbean. Perhaps that doesn’t matter, provided the climate is perfect and every creature comfort is to hand - it depends what you’re looking for from Barbados.

 

 

The above Article is from our News Archive

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