Real Estate
Buying Caribbean Islands Real Estate - The Usual Tale
It’s not hard to imagine, you book a Caribbean islands charter vacation or cruise. Leaving the winter weather of New York, Quebec, or Michigan for the tropical beach, sun and sea.
About the third day, you wake up and about three hours later it enters your mind: why don’t we get a condo, or fractional? And why not? Real estate in the Caribbean can easily be leased if you don’t want to be a year-round resident.
- A home in the Virgin Islands or Cayman Islands
- A fractional in the Dominican Republic or Honduras
- A condo in the Turks, BVI or Barbados
Whatever part of paradise is calling to you, you can live and enjoy the Caribbean lifestyle and call it home.
Buying Real Estate in the Caribbean Islands
Buying real estate differs from island to island - their different countries, you know. And most still operate on “island time,” so don’t get in too big of a hurry to buy that luxury condo or fractional you want to call home.
From Tortola to Aruba luxury condo developers have caught the fractional ownership bug. They are doing all they can to zero in on the baby boomers and the new batch of affluent thirty-somethings.
The process of buying real estate in the USVI or Puerta Rico will be more familiar to U.S. residents as there is some overlap.
The Caribbean is home to a host of real estate agents and condo/fractional sales people just waiting to help you live your dream. Many of these real estate agents woke up on day three themselves and decided to live the Caribbean Tropical Dream.
Professional real estate agents that run their business as a business, do what all savvy business people do - they advertise to get your attention. They spend money to make money. It is always wise to interview 2 to 3 real estate agents to find a good fit. It doesn’t matter if you’re buying in the Bahamas, St. Vincent or Belize - get a second or third opinion.
