Barbados is one of offshore jurisdictions where real estate acquisition procedure is very simple. This fact attracts investors like Nikyr Estates Limited.
February 7, 2014 (Newswire) - Fast growing economy of the state along with developing construction industry made the island of Barbados one of the most attractive places for various real estate investors. The property is also as diverse as the island itself. The clients are offered various solutions ranging from huge planter manors surrounded by picturesque mountains up to townhouses and cottages with all commodities. Such units are usually located near towns and cities. The market can also offer land plot for development purposes. Those who would like to buy summer residence would be surprised as long as these solutions are relatively cheap comparing with other real estate objects. Barbados has very good infrastructure that was created with the aim to maintain the real estate market at all levels.
Foreigners are not limited or restricted to buy property on the island and can acquire as many units as they want. It is worth saying that the price for all variants of real estate solutions keeps rising. This is not a surprise as long as Barbados reinforced its positions on property market of Caribbean region. This place is traditionally popular among wealthy customers and tourists searching for exclusive services and luxurious vacations.
The average apartments or house where a family would feel comfortable can be found for the price of $200 000. This is an up-to-date figure, when the price was beaten down by crisis. Soon this real estate unit will cost much more. Apart from that the clients can choose not only secondary objects but also newly built or units that are currently under construction. The latter variant will offer the customer to choose the design of the rooms, kitchen, and finishing details.
Right now Nikyr Estates Limited also takes part in the races acquiring the most perspective or promising secondary objects. Still soon this investor may switch to its own development projects.