Barbados continues to appreciate despite the economic downturn
Property prices in Barbados are appreciating at between 10 – 15% per year at the middle of the market and often higher at the luxury end, even during these harder economic times.
Cluttons Barbados says the property market remains in a stage of growth and has been driven by a strong economy and
In recent months Cluttons Barbados has seen a considerable upturn in the
In the recorded history of property on the island, property values have never declined. Unlike larger countries where property values have come under pressure from issues such as the financial downturn, Barbados property values have continued to show significant strength.
It should be noted that the middle market developer or homeowner is now a little more flexible and will entertain some negotiation,