Colli Real Estate

Buy a piece of the Caribbean

The Caribbean, the playground of the rich and famous, has been increasingly affordable. Depreciation U.S. dollar against major currencies like the pound sterling and the euro, has made Caribbean properties more attractive.

More Affordable … but still not cheap! Property prices and the most popular islands can easily reach over one million U.S. dollars for a house and lot near the beach.

In its latest survey on house prices in the Caribbean (March 2008), the Global Property Guide finds that in Bermuda, the average price of a three-bedroom house and lot is around U.S. $ 1.5 million.

In Grand Bahama, Bahamas, at a cost of real estate like around U.S. $ 1.4 million, according to figures from Global Property Guide.

real estate prices in areas highly developed, such as Bermuda and the Bahamas United States exceed $ 7,000 per square meter

Coastal Properties of Barbados also expensive, nearly U.S. $ 6700 per square meter in the British Virgin Islands (BVI) Virgin Islands United States (Virgin Islands), prices real estate is about $ 5000 San Martin square meter also has expensive properties in the United States around 5300 $ per square meter

Prices of properties in St. Kitts and Nevis, Puerto Rico, Martinique, Saint Lucia and Antigua and Barbuda range from U.S. $ 3170 U.S. per square meter per $ 4,500 square meter

The cheapest properties in the Caribbean are Jamaica, Aruba and the Dominican Republic, with prices ranging from $ 1,300 m square meters at U.S. $ 1,500 per square meter for houses near the beach.

For apartment buyers, Bermuda and the Turks and Caicos (TCI) are among the most expensive with prices around U.S. $ 5000 to U.S. $ 8,000 per square meter, two bedroom apartment costs approximately $ 841,000 Bermuda and the United States Islands $ 670,000.

Despite these high prices, properties in the Caribbean are now much cheaper the properties of the coastal Mediterranean Europe. For example, prices of apartments in Barcelona are approximately $ 10,000 per square meter, more double the price of apartments in Bahamas or the Cayman Islands.

Apartments in Jamaica and Aruba are among the cheapest in the Caribbean about 1500 $ Per sq. m. Apartments and condominiums are relatively new features in the housing market in the Caribbean. Most properties are new and are come complete with amenities.

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Description:
The Global Property Guide is a house on the property search online.

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Economy Team:
Prince Christian Cruz, Senior Economist
Telephone: (+632) 750 0560
Mobile: (+63) 917 735 2228
Email: prince@globalpropertyguide.com

Publisher and Strategist:
Matthew Montagu-Pollock Phone: (+632) 867 4220 Mobile: (+63) 917 321 7073
Email: editor@globalpropertyguide.com

Address:
Global Property Guide
http://www.globalpropertyguide.com
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info@globalpropertyguide.com

About the Author

The Global Property Guide is a research publication and web site for the high net worth investor in residential property – providing information about the process and benefits of buying property in any country in the entire world.

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