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Blog - Ginger Lilly

Plantations 101 - A Brief History

Posted on Fri May 27, 2016 | By Hayden Hutton, CCIM MRICS


 

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.