The global financial crisis in 2009 had a profound impact on Barbados’ tourism industry. Arrivals dipped sharply, and after a recovery in 2011 failed to be sustained, 2013 saw the lowest long stay visitor arrivals since 2002. Since then stakeholders have implemented a revamp of the government support structures for the industry, and along with increased confidence in the global economy, arrivals have gone from strength to strength. Total arrivals were up by 13.7% in 2015 and nearly 17% from the low in 2013.
The Apes Hill Golf and Polo community is one of Barbados’ newest luxury developments, set high on a ridge with rolling country and coastal views, tropical charm and perfect privacy.
Elevated at an impressive 1000 feet above sea level it enjoys sweeping views of the Caribbean Sea to the West and in many locations the wild Atlantic Ocean to the East, a truly unique vantage point and one of its many draws for those looking to put down their roots in an island valued for its privacy.
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.
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For discerning investors looking to lay down their roots in Barbados, one of the ultimate ‘zip codes’ would be the Sandy Lane Estate. Quiet and serene, exclusively private and centrally located along the Platinum Coast of the West, these homes are the epitome of island luxury.
What began as the brainchild of Sir Ronald Tree, a British politician who built the wonderfully Palladian home of Heron Bay (now famously owned by Lord and Lady Bamford), is now one of the most sought after pieces of real estate in the Caribbean. When Sir Ronald established the Sandy Lane Hotel in 1961 he was ‘protecting’ his much beloved West Coast neighbourhood from the inevitable influx of travelers that the new jet-set age would bring to our shores. He secured the 375 acres of the Sandy Lane Sugar Plantation for his development of a luxury upscale hotel and exclusive residential community with a private golf course. His legacy has weathered every economic challenge over the past 55 years and the Sandy Lane Hotel and homes in the estate have remained iconic symbols of wealth and status, attracting visitors and investors from all over the world who dream of owning the ultimate Caribbean address.