The bid for CLICO Mortgage and Finance (CMFC) made by Barbados Public Workers Cooperative Credit Union Limited (BPWCCUL) is on the verge of expiring. September 30th, 2009 marks the expiration of the recommended offer for the mortgage firm and it is also marks the end of the third quarter reporting period for CMFC.
Up until the [...]
From the monthly archives:
September 2009
One of the major developments of the lifestyle property development firm, Caribbean Lifestyle only has two units remaining for sale, and construction of two other developments owned by the firm has been suspended.
This is the word from the sales office of Caribbean Lifestyle regarding Fairwind Lane in the South, Sand Castle on the south coast [...]
The mortgage market in Barbados could be in for a substantial change, with one of the major players about to change hands with its ownership.
But an interesting point surrounding the issue is that at the end of the day all depends on the decision of the Board of Directors of CLICO Mortgage and Finance Company [...]
The two popular tourist belts in Barbados lie on the South Coast and the exclusive West Coast and the options for property development on the beachfront are few and far between. The island has become littered with a number of condominium and villa developments leaving little to no room for future development.
On the south coast [...]
Barbadians and resident investors are not taking full advantage of the trade in property that is possible at the Crane Resort and Residences.
This was the announcement made by Paul Doyle Managing Director and owner of the property who has the oldest hotel in the Caribbean under his management.
Doyle said this to the media recently, in [...]
One of the oldest and most expansive properties in Barbados has been awarded the highest rating by Resorts Condominium International (RCI).
The Crane Private Residence Resort was awarded the highest points of every one of the 3,700 resorts worldwide that are members of Resort Condominiums International (RCI).
RCI is a US-based entity that is a global provider [...]
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Barbadians and resident investors are not taking full advantage of the trade in property that is possible at at the Crane Resort and Residences.
This was the announcement made by Paul Doyle Managing Director and owner of the property who has the oldest hotel in the Caribbean under his management.
Doyle said this to the [...]
The Barbados Land Registry has launched its new user friendly website that offers information on legislation, land registry forms and general information on procedures of the Department.
This should be a welcomed addition to the Department’s offering, as it has often been a matter of debate in the general public. This newly updated portal adds to [...]
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The historic Atlantis Hotel on the East Coast of Barbados is on schedule for a Christmas reopening.
This comes in the wake of a massive renovation of the property that started in 2008. The hotel features some of the most amazing views of the Atlantic Ocean and has been a mainstay of the Barbados tourism product [...]
Sapphire Beach Condominiums located on the South Coast of Barbados is one step closer to completion.
Last week it was announced that construction on the property is still progressing well with the gym and sales office now complete and currently being snagged.
This was the word issued from Michelle Mackie of Terra Caribbean.
According to the update released [...]
In its latest assessment of the Barbados economy and fiscal situation, the International Monetary Fund (IMF) has highlighted Barbados’ capital control for real estate in Barbados. In the review which was released September 14 2009, the IMF highlights that the Central Bank of Barbados maintains controls on purchases of real estate abroad by residents, and [...]
