Buying a Property in the Caribbean

Why buy in the Caribbean?

The answer to this question is simple: the Caribbean is synonymous with luxury. It is many people’s dream to holiday in these exquisite islands – to be able to buy your very own piece of such tropical paradise is often pure fantasy.

An amazing landscape, near-perfect weather and a laid-back lifestyle all help to entice buyers who are fortunate enough to be able afford to get on the Caribbean property ladder. And tax-free living, which many islands offer, is no small attraction either.

English is widely spoken, flights from the UK are frequent and political stability tends to be good. Tourist infrastructure, including golf courses and marinas, are good quality and mature – resulting in plenty of repeat business.

Ultimately, a home in the Caribbean is a lifestyle choice. Whether you intend to enjoy this lifestyle yourself, or plan to profit from others enjoying it, a property on one of these islands is the doorway to the playground of the rich and famous.

Popular property locations

The Caribbean is broken down into three main areas: the Bahamas and the Greater and the Lesser Antilles. Historically, islands such as St Lucia, Barbados and the Caymen Islands in the Lesser Antilles have been the most popular destinations to buy in – but this means that many buyers are now priced out of these markets. You do, however, get what you pay for, and as a result property here is still snapped up by those seeking quality.

Today, an increasing number of islands are emerging as a more affordable alternative to those established markets. Gated developments in the Dominican Republic for example provide the luxury expected of the Caribbean at a reasonable price. This however tends to be for a reason – crime is common on the island, making a home in a gated community perhaps the only type of property many Brits would feel comfortable buying.

Antigua has also witnessed somewhat of a property boom thanks to improved flights and the investment around Jolly Harbour on the West Coast. Like many of its counterparts, Antigua offers good golfing and yachting facilities for those after a sporting destination.

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