Reviving Sandy Lane
Well Well...
Since 2018/2019, the traditionally prestigious Sandy Lane Neighbourhood has gained some momentum with a number of recent property deals and buzzing sales interests. Historically ‘the place to be’ for wealthy families pre-market crash, Sandy Lane experienced a dip in the market for say, the last decade. However, over the course of the last year and a half, the market has witnessed some revived interest. We have found this interest to be mainly in modern and new homes and/or properties with fair asking prices. Here are some to name a few:-
Old School vs. New
In this world of ‘new school’ (post-market crash), business is tough and extremely competitive. Buyers are difficult to find and are very cautious with decision making. While I have only ever known the ‘new school’ world, I am fully aware that the real estate world of ‘old school’ (pre-market crash) existed in a booming market with buyers falling out of the sky.
A Buyers' Market
In today’s market in Barbados property looking back over the last two months and looking forward to the next two months:
