From the monthly archives:

December 2009

Amid good expectations for the property market in Barbados and the Caribbean by some estimates, other global markets appear to be witnessing some measure of positive signs as well.
According to a UK-based property portal, the UK residential property prices have increased to their highest level since November 2007 and are now almost 6% more than [...]

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Strategically Barbados is a wise choice and the time to buy is now. This is declaration of one the island’s property consultants who is also Director of Sales of Altman Real Estate, about the state of play of foreign investment in the real estate sector in Barbados.
Terry Hanton makes this assessment in a self penned [...]

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One of Barbados multi-million dollar west coast developments should see a early 2010 start to its construction.
Beachlands, a 4 and half acre west coast development in the heart of Barbados’ ‘Platinum Coast’ is about set to begin its much awaited construction phase.
Word from the TerraCaribbean team is that construction at Beachlands will begin in Spring [...]

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A UK-based independent property portal has declared that Caribbean property is currently being offered on a no-frills basis as developers remove non-essential luxuries like spas and moorings in order that they can sell the same properties at lower prices. Moreover it is stated that this has brought about rapidly increasing transactions involving foreigners since April.
In [...]

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Barbados’ first lifestyle development is on course to open its doors for December 2010. This was the announcement of Paul Altman the developer for the 10 acre property on Barbados exclusive west coast.
With approximately BDS $100 million in investment on the development which is set to bring a hype of activity to the Holetown area, [...]

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Prospects for resort development in the Caribbean and other destinations across the world could be on the upswing for 2010.
This is according to analysts in an article entitled Forecast: 2010, in the International Property Journal.
As explained by Liam Bailey, head of residential research, for Knight Frank, a UK based residential and commercial realty firm that [...]

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Outlook for 2010

December 18, 2009

The coming year should be a positive one for Barbados real estate sector. This is the assertion of one of the islands’ most prominent realtors, Paul Altman as he gave his assessment about the outlook for the industry in 2010.
Altman whose primary project is now a 10 acre west coast lifestyle centre called Limegrove, told [...]

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The commercial space at one of Barbados’ latest property developments is expected to be the root for growth of its residential component.
Limegrove, the 10 acre mixed use development in the middle of the island’s west coast, is on  schedule for its December 2010 completion date but the residential aspect of the development is not the [...]

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It appears that one of the largest property developments set for the Southeast coast of Barbados is just one step further in its move to bring the multi-million dollar project to fruition.
Harlequin Property developers, the UK-based firm responsible for the Merricks development has posted a property update on its website, and has explained that construction [...]

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Port Ferdinand Breaks Ground

December 11, 2009

Development of Barbados second private marina has officially commenced. This comes with Prime Minister of Barbados David Thompson, taking the drivers’ seat of  an excavator at the site and breaking ground on December 11, 2009.
Port Ferdinand as it is called located in Six Men’s St. Peter, is slated to bring US $750 million  in foreign [...]

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Another Caribbean island real estate sector is calling the attention of the international market. Trinidad and Tobago, the energy rich giant appears to be rating higher in the minds of prospective foreign buyers looking for security in the midst of  the global economic uncertainty, but this does not come without challenges.
According to one of the [...]

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One of the newest south coast properties appears to be just days away from completion and compliance is imminent for the sprawling condominium property.
Sapphire Beach stands at the old Dover Convention site, and it is receiving some of its owners. The property has two and three bedroom units and comes fully furnished. The development features [...]

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Apes Hill Golf Course opens

December 4, 2009

The highly anticipated Apes Hill Golf Club Course has now been officially opened. This follows an opening ceremony held at the multi-million St. James property earlier this week.
At the event Prime Minister David Thompson welcomed the opening of the sporting facility, saying it was destined to be the island’s latest tourism “jewel”, but he cautioned [...]

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One of Barbados’ leading realtors is arguing that the greatest potential for redevelopment on the island lies with Bridgetown and Speightstown.
Paul Altman, Managing Director of Altman Real Estate Services in a self-penned article entitled “The Next Development Wave – REDEVELOPMENT” points to  a number of areas in the city that would serve as catalysts for [...]

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Its all about Mix use

December 3, 2009

Barbados real estate has been maturing at a consistent pace over the last 15 years and one of the island’s leading realtors has noted that the time has come for mix use properties to become more formidable in the real estate game.

Paul Altman, Managing Director of Altman Real Estate Services, has highlighted that mix use [...]

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