Barbados’ sunny shores have long beckoned as an investor haven and with the island’s property prices historically increasing by over 5% annually, the promise of steady capital appreciation has been the biggest drawing card for luxury real estate investors. Beyond capital appreciation however, here are several other reasons to invest in luxury Barbados real estate:
Ease of Access
Barbados has a world-class international airport and it is the connection hub of many other Caribbean islands. The island’s current roster of non-stop direct flights to and from the United Kingdom, North America, Central America and South America continues to expand with recent additions of a Thomas Cook service from Glasgow, Scotland and well as two new Jetblue flights: the new Mint service out of New York and the new Boston direct service. On December 2nd, Avianca will inaugurate new service to Barbados from Bogota, Colombia while JetBlue has announced 2016 plans for a non-stop Fort Lauderdale to Barbados service.
Unparalleled Lifestyle
From outstanding health care to world-class telecommunications and utilities, Barbados certainly checks the boxes of solid infrastructure, but it is the island’s unique charm that continues to attract property investors. Barbados’ welcoming culture, rich history and of course, its endless beaches promises a truly relaxed and enjoyable lifestyle. And, only footsteps sway from Crane Beach (voted as the Caribbean’s best by USA Today readers), located within the historic Crane Resort is The Crane Private Residences – Barbados’ newest luxury development offering an impressive array of amenities and services that truly perfect the art of island living.
Rental Income
Barbados offers high year-round rental income generating potential due to its growing tourism sector – which reported a 14.5% increase in long stay visitors through September 2015. In fact, many investment property developments offer a property rental option, with The Crane Private Residences being no exception. Property investors can choose to take advantage of The Crane’s extensive vacation rentals experience or rent their residence privately, with access to developer marketing materials.
To learn more about investing in Barbados real estate and The Crane Private Residences, contact property@craneresorts.com.
Property Sales Office
The Crane Resort
Barbados
+1 (246) 416 6560