Average luxury residence cost per square foot in Barbados is US$875, while in St. Tropez it is US$925, Honolulu US$933, and St. Barts US$950. Bal Harbor is US$1,400 and Aspen US$1,900.” Ocean Two Resort
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PROPERTY
Barbados offers a diverse range of properties for sale, including the everpopular beachside apartments, individual houses, lifestyle themed resorts and country homes. On the west coast, Saint Peter’s Bay currently represents a good opportunity to purchase a luxury apartment on the beach, while both Port Ferdinand and Port St. Charles might appeal more to those who prefer to live overlooking the water in a residential marina. Golfing enthusiasts and nature lovers will be attracted to Royal Westmoreland, which is currently enjoying a burst of new homes construction activity, and Apes Hill Club where work is underway to build the new clubhouse. Leading real estate companies like Altman Real Estate, Alleyne Real Estate and Realtors Real Estate, regularly have a number of more upmarket detached luxury homes on offer, including these few current examples: Sunwatch at Sugar Hill, Serendipity on Lancaster Ridge, Villa Hugo at Queens Fort, Pandanus on Mullins Ridge and Bulkeley Great House in the rural Parish of St. George. Clearly however these individual properties will come and go on the market, so it is always essential to check directly with the agents.
For prospective purchasers who are looking for a good price point close to the west coast, the Vuemont residential community located on a high ridge at Mount Brevitor, overlooking the St. Peter coastline, is a good example of an attractive value opportunity for anybody who is happy to own a home away from the beach. On the south-east coast, in the rural Parish of St. Philip, The Crane continues to build upon its longstanding success with fractional ownership apartments and has just launched a new residential development within the resort for full-time living. Located at the heart of the south coast, in St. Lawrence Gap, Ocean Two Resort offers for sale one and two bedroom residences built to the standard of a 4-star property. According to the Wealth-X 2015 Caribbean Wealth and Investment Report: “Caribbean properties – and Barbados properties in particular – offer greater value than other popular UHNW resort destinations. Average luxury residence cost per square foot in Barbados is US$875, while in St. Tropez it is US$925, Honolulu US$933, and St. Barts US$950. Bal Harbor is US$1,400 and Aspen US$1,900.”