VALUED INSIGHTS

Invaluable Valuation Knowledge for the Real Estate Stakeholder

SERIES:
Beyond Borders: A Global Perspective of International Real Estate Valuation
CHAPTER
  1. Navigating Cultural Differences in International Valuation Practices
    (Published: June 27, 2024)
  2. Comparing Valuation Standards Across Different Countries
    (Available: July 16, 2024)
  3. The Impact of Global Economic Trends on Property Valuations
    (Available: July 23, 2024)
  4. Legal and Regulatory Challenges in International Property Appraisals
    (Available: July 30, 2024)
  5. Best Practices for Cross-Border Collaboration in Valuation Advisory
    (Available: August 6, 2024)
  6. Adapting Valuation Approaches to Diverse International Markets
    (Available: August 13, 2024)
  7. Understanding the Influence of Political Stability on Property Values
    (Available: August 20, 2024)
  8. Valuation Challenges in Emerging Markets: Lessons Learned
    (Available: August 27, 2024)
  9. Applying International Valuation Standards (IVS) in Practice
    (Available: September 3, 2024)
  10. The Interplay Between Currency Exchange Rates and Property Valuations
    (Available: September 10, 2024)
  11. Commercial Property Valuation in Developed vs. Developing Nations
    (Available: September 17, 2024)
  12. Assessing the Impact of Global Events on Property Values (Available: September 24, 2024)
  13. Assessing the Impact of Global Events on Property Values (Available: October 1, 2024)
  14. Ethical Considerations in International Valuation Advisory (Available: October 8, 2024)
  15. Strategies for Risk Mitigation in Cross-Border Valuation Projects
    (Available: October 15, 2024)
  16. Cultural Sensitivity in Client Communication for Global Valuation Services
    (Available: October 22, 2024)
  17. The Influence of Infrastructure Development on Property Values Worldwide
    (Available: October 29, 2024)
  18. Challenges and Opportunities in Valuing Historic and Heritage Properties Globally
    (Available: November 5, 2024)
  19. Navigating Data Privacy and Security Issues in International Valuations
    (Available: November 12, 2024)
  20. Comparing Real Estate Investment Strategies in Different Global Regions (Available: November 19, 2024)
  21. Global Trends in Real Estate Finance and Their Impact on Valuations (Available: November 26, 2024)
  22. Assessing the Resilience of Real Estate Markets During Economic Downturns (Available: December 3, 2024)
  23. The Impact of Globalization on Commercial Real Estate Investment Strategies (Available: December 10, 2024)
  24. The Role of Valuation Advisory in Infrastructure and Public-Private Partnerships (Available: December 17, 2024)
  25. Comparing Property Market Cycles Across Different Continents (Available: December 24, 2024)
  26. A Comprehensive Look at Europe’s Prime Real Estate Markets (Available: December 31, 2024)
  27. Asia Pacific’s Diverse Real Estate Landscape (Available: January 7, 2025)
  28. Latin America’s Diverse Real Estate Landscape (Available: January 14, 2025)
  29. Africa’s Emerging Real Estate Landscape (Available: January 21, 2025)

SERIES:
Beyond Borders: A Global Perspective of
International Real Estate Valuation
CHAPTER:

Africa’s Emerging Real Estate Landscape

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Author: Bruce D. Greenberg, FRICS | MAI | SRA | ASA | ARM
Published: January 21, 2025

The Caribbean region offers a diverse array of real estate investment opportunities, catering to various preferences and budgets. From luxury beachfront properties to affordable residential options, the islands present a unique blend of natural beauty, cultural richness, and favorable investment climates.

The Cayman Islands: A Luxury Haven

The Cayman Islands, a British Overseas Territory, have emerged as a premier destination for luxury real estate investments in the Caribbean. With no direct taxes, a thriving financial services industry, and a stable political environment, the islands have attracted affluent buyers and investors from around the world.

Bruce D. Grennberg
FRICS | MAI | SRA | ASA | ARM
Managin Director | Principal
+1-480-440-2842 EXT 01

Developments along the iconic Seven Mile Beach, such as The Watermark and Aqua, command premium prices, often exceeding $2,500 per square foot. The islands’ limited supply and high demand have driven steady price appreciation, making them an attractive option for those seeking exclusivity and potential capital gains.

The Bahamas: Stable and Tax-Friendly

The Bahamas, known for its stunning beaches and favorable tax regime, has long been a popular choice for international real estate investors. With no income, inheritance, or capital gains taxes, the islands offer a stable and secure environment for property ownership.

Nassau and The Exumas are particularly sought-after destinations, catering to a high-end market with luxury properties and world-class amenities. The Bahamas’ residency program for investors further enhances its appeal, allowing investors to combine lifestyle and investment opportunities.

Barbados: Balancing Luxury and Affordability

Barbados, renowned for its rich culture and exceptional living standards, presents a range of real estate options for investors. The country’s Investment Program allows investors to gain residency, making it an attractive proposition for those seeking a Caribbean lifestyle.

The West Coast of Barbados is famed for its luxury properties, while the South Coast offers more affordable options, providing investment opportunities for various budgets. The island’s stable economy and growing tourism sector contribute to its appeal as a real estate investment destination.

Emerging Markets: Turks and Caicos, Antigua and Barbuda, St. Lucia

Beyond the established markets, several Caribbean islands are emerging as promising real estate investment destinations. Turks and Caicos Islands, known for their spectacular beaches and luxury estates, offer a no-direct-taxation policy and a thriving tourism sector, making them an attractive choice for investors.

Antigua and Barbuda’s Citizenship by Investment Program provides a unique pathway to property ownership and residency, while St. Lucia’s volcanic landscapes, reef-diving sites, and luxury resorts cater to both tourists and investors seeking a piece of Caribbean paradise.

Based on the provided search results, here are some additional Caribbean real estate markets that could be highlighted:

Belize

The search results mention that Belize offers spectacular Caribbean beachfront properties [3]. Belize has become an attractive destination for retirees, expats, and investors due to its natural beauty, affordable cost of living, and investment incentives like the Qualified Retired Persons program.

Dominican Republic

One of the search results [2] specifically recommends the Dominican Republic as one of the top growth markets in the Caribbean for real estate investment. It is described as one of the most diverse markets in the region, offering options from bustling cities to beachfront properties.

Grenada

Grenada, also known as the “Spice Island,” is highlighted in [2] as an emerging market with a burgeoning real estate sector. Its Citizenship by Investment program, which includes real estate as a path to citizenship, is attracting foreign investors along with its lush landscapes and growing tourism industry.

Guyana

While not extensively covered in the provided results, [2] briefly mentions Guyana as another Caribbean investment opportunity worth considering for its potential in sectors like agriculture, mining, and oil and gas, which could drive real estate demand.

By incorporating details on these additional markets, the article could provide a more comprehensive overview of the diverse real estate investment opportunities across the Caribbean region.

Citations:

[1] https://www.globalcitizensolutions.com/best-caribbean-islands-to-buy-property/

[2] https://offshore-freedom.com/blog-articles/best-caribbean-islands-to-buy-real-estate/

[3] https://latincarib.com/caribbean-real-estate/

[4] https://www.7thheavenproperties.com/2024/01/best-caribbean-real-estate-investments-2024/

[5] https://globalcitizen-caribbean.com/caribbean-real-estate-investment/