The most obvious perk of living on an island is the beautiful beaches, and the beaches in Barbados are everything - sandy coves, craggy cliffs, glassy waters, churning waves - everything. But, if there is any doubt that Barbados ticks all the boxes when it comes to beachfront living, then let us introduce you to some of our favourite coastal spots that may very well be the future location of your home sweet home.
As we publish this 10th edition we cannot ignore that it falls at a time in the 50th year of independence of our small island state. As a nation we have all been struggling to focus on what we can be proud of when there is so much that is not meeting the high standards that we set for ourselves 50 years ago. From a real estate perspective I choose to focus on the words and meaning in the the chorus of our national anthem:
Dear Clients and Friends,
Terra Luxury represents some of the best properties on the market, so it only seems fitting to present them on one of the best websites in the market. Some months ago we set out to build such a website with our efforts centred around three defining pillars: 1) to provide you with a superior online viewing experience, 2) to deliver a bespoke presentation of flagship properties, and 3) most importantly, to give our sellers more of what they deserve – one-click access to data and knowledge throughout the sale of their property.
It’s one of the buzz phrases heard around the real estate and tourism industries. But whether we are speaking about an investment property or a luxury condo, do homeowners know what it takes to make Holiday Rentals a successful venture?
Kathy Dawn Burke, of Blue Sky Luxury, the holiday rental and property management brand, (and our sister company) explains the process in detail.
Real Estate is complex, and for that reason, clients require the property valuation experts to provide Market Valuation reports for their various purposes. The interest you hold in a property heavily influences your perception of the property’s value. During this recessionary period it has been particularly challenging reconciling market reality with perceptions, given the general fall-off in market prices.
Living a stone’s throw away from pristine white sand beaches and any-time ocean dips is a luxury almost everyone craves. After all, let’s face it; with one look at those turquoise Caribbean Sea views, it’s hard not to sink into relaxation mode. Luckily in Barbados, we’re spoilt with an endless selection of beaches from the more tucked-away spots ideal for seclusion to the activity-packed shores bursting with family fun.
In February 1961 and with just 52 rooms, the Sandy Lane Hotel opened its doors to welcome its first guests. The establishment of the hotel was the brainchild of Sir Ronald Tree, a British politician who built a magnificent Palladian home on 20 acres on the West Coast known as Heron Bay. Cognisant of the burgeoning travel numbers to the Caribbean enabled by the jet age, Sir Ronald was concerned that his beloved Heron Bay would soon be surrounded by flashy resorts and middle-income retirees. His vision was to pre-empt this by establishing a luxury hotel and community with a golf course, and he determined that the Sandy Lane sugar plantation was the ideal location. Permission was sought from then Prime Minister Sir Grantley Adams to convert the estate out of sugar production into a building estate and to relocate the main highway that ran directly through what eventually became the main restaurant and bar. With financing arranged out of the UK, Sir Ronald and his colleagues (including names like Rothschild and Kindersley) formed the development company West Coast Limited. They purchased the estate from the Barbados Shipping & Trading and the hotel broke ground in mid-1958.
The six-year period leading up to the peak of the market in 2006 is widely regarded as a period of unprecedented growth in the Barbados market. This boom period saw compound annual growth in some market segments of 12% and staggering prices being achieved for property in some areas of the West Coast. The reality is that this growth cycle paled in comparison with the island’s first property boom, which occurred much earlier in our history.
Terra Caribbean, a well-established and reputable real estate leader in Barbados, is excited to announce the launch of its new dedicated luxury real estate division, Terra Luxury. Built on the heritage, knowledge and experience of both Bajan Services and Terra Caribbean, Terra Luxury caters to the niche luxury property market in Barbados. The launch of Terra Luxury is part of an ongoing client-focused strategy at Terra Caribbean to refine and enhance its portfolio of services by providing dedicated teams and resources for each segment of the Barbados real estate market.