Barbados Real Estate Market Forecast 2015

Andrew Mallalieu, Chief Executive at Terra Caribbean recently gave a presentation for the CFA Society Barbados discussing his forecast for Barbados Real Estate in 2015. His presentation touched on Supply and Demand, why currencies matter and what the future holds. Underlying Insights Taxes will increase while service will cost more – middle class wealth eroded Pent up […]

By Terra Caribbean

March 20, 2015

Terra Caribbean building

Andrew Mallalieu, Chief Executive at Terra Caribbean recently gave a presentation for the CFA Society Barbados discussing his forecast for Barbados Real Estate in 2015. His presentation touched on Supply and Demand, why currencies matter and what the future holds.

Underlying Insights

  • Taxes will increase while service will cost more – middle class wealth eroded
  • Pent up demand for South Coast beachfront product – Hyatt will fill some but there is more
  • Continued shift out of Bridgetown areas
  • West coast office opportunity
  • North Warrens opportunity

More detailed information is available in the Pink Pages of The Red Book 2015.

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Terra Caribbean

Terra Caribbean is a Caribbean real estate services practice based in Barbados with other offices in Trinidad and Grenada. We are a fully integrated firm offering services in brokerage (sales and rentals), advisory, and property management. Our team comprises some of the most qualified real estate professionals on the island and is made up of a diverse skill-set extending to both residential and commercial real estate. We work with the best developers in Barbados and service the needs of every client to ensure their ultimate satisfaction be it to sell, purchase, rent, value or manage their property. “ We know Barbados!"

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