Island overview

The combination of a number of factors in the current market is putting the power into the hands of prospective purchasers. Although Brexit has, theoretically, dampened the purchasing power for UK-based buyers, this situation has also forced serious vendors to rethink sales prices. Those vendors keen to sell have dropped asking prices by between 10 and 20 per cent.

This downward pressure on prices, coupled with a surfeit of available options in the second homes market mean that buyers are able to benefit from a greater choice of properties at lower prices. It must be noted, however, that many vendors have already made this price adjustment and therefore are unlikely to agree to further reduced offers.

The development of a number of new residential offerings along the west coast and the introduction of the world-renowned Nikki Beach franchise to the island are creating a certain amount of interest and will no doubt push the market forwards in the coming months.

Prices for prime beachfront properties on the west, or Platinum, coast of Barbados can range from around US$1,000,000 up to around $40,000,000. 

Insider's tip

With so many stunning beaches along the Bajan coastline it is often easy to forget about the island's beautiful interior. Don't miss a trip to the amazing Harrison’s Cave in the central uplands, which gives an incredible insight into the formation of this unique coral island.

Further information

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