by Gareth
27. April 2011 20:47
With the housing market stagnating at home, for many Brits looking to buy into the possibility of Caribbean investment property the message is simple: buy now!
Recent research carried out by Lloyds TSB International shows price falls in Florida and Spain of up to 25%. However, other locations such as France and the Caribbean are already showing modest rises, alluding to the fact that the global economic recovery is more evident in certain locations than others.
Barry Luhmann of Lloyds says that those looking to buy Caribbean investment property should be looking to buy sooner rather than later: “Many people preferred to wait to see how the markets and their finances would be affected by the recession. However, after this recent lull we expect interest in overseas property to return, possibly quite strongly.”
So where exactly are the world’s best investment locations? Well according to housing market analysts and estate agents a top ten list has been compiled, and in what will come as no surprise to many canny investors who have already taking the plunge and purchased Caribbean investment property, Barbados comes high up on the list.
The experts said: “Despite high prices, demand is good. Homes take years to sell so are ripe for hard-talking bargain hunters. Low cost apartments go for well under £300,000, while the Sandy Lane set spend millions on their homes. Barbados is perfect for long-term investors seeking rents, who are in no rush to sell.”
If you are interested in purchasing Caribbean investment property, then the Merricks Beach Resort, Barbados, offers the perfect opportunity for you. With 5 star facilities and luxurious accommodation there really is no finer way to live or invest.