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Blog - Port Ferdinand

Price in the New Market

Posted on Thu April 26, 2018 | By Hayden Hutton

How much longer can we continue to be romantic about the glory days of 2008?  Property values have changed substantially since then, however property ‘prices’ have not necessarily followed suit. 

Terra Caribbean Releases 11th Edition of The Red Book

Posted on Thu April 26, 2018 | By Gemma Holder

The Terra Group, a well-established and reputable real estate leader in Barbados serving all market segments through its brands Terra Caribbean, Terra Luxury and Blue Sky Luxury, today announced the release of its annual Barbados real estate insights publication, The Red Book 2018â.  

How Does Your CAM Stack Up?

Posted on Thu April 26, 2018 | By Janelle Chandler

Common area maintenance (CAM) fees, also referred to as ‘Service Charge’ in some commercial leases, refer to the costs associated with operating and maintaining the space shared by the tenants within a facility, and is charged in addition to the base rent.

Beachfront Property and The High Watermark

Posted on Thu April 26, 2018 | By Lisanne Graham

Beachfront land has always had great appeal to persons wanting to own a piece of paradise. In Barbados, beachfront development has ranged from as far north as Port St. Charles, all the way down to The Crane Private Residences in the South-East of the island. Over the years, this range has seen increasing prices as the supply of land, villas and condos declines.

First-Time Buyers - The Real Cost of Home Ownership

Posted on Thu April 26, 2018 | By Rachel Edwards

Buying a property is a big investment. And as a first-time home buyer, you have much to consider: getting pre-approved for a bank loan, deciding what type of property fits your lifestyle, figuring out where you want to live, finding a qualified agent, and then navigating all the steps from the initial offer to the closing.

Real Estate Investment in the Caribbean

Posted on Thu April 26, 2018 | By Andrew Mallalieu

Often market commentators are heard speaking about the Caribbean as if it is a single market for real estate investment. That is like going to the Olympics to watch sports.  There is everything from a sprint to a marathon, from horse riding to the hammer throw, and everything in between.  Pick a sport please – they are not all the same.  From my seat I get to see the southern Caribbean real estate market from both the helicopter, and in the trenches.  While there are similarities it's the differences that provide the insight.

Perspectives on Pricing

Posted on Fri April 13, 2018 | By Susan Armfield, Real Estate Agent

Sue Armfield, Real Estate Agent

We know there are several aspects of our day-to-day where we interface with you, but today, I am here to give you further insight into the behind-the-scenes of our pricing practice - where we aim to achieve the best results for you! So, keep reading as I present to you five nuggets of insight into de-mystifying our process of assessing and providing professional advice on pricing and setting rental rates.

Bridgetown: Capital of Commerce

Posted on Thu April 12, 2018 | By Terra Caribbean

 

Bridgetown is the capital of the island, and for centuries has served as the epicenter of all commercial activities across the island. Although several other commercial districts have appeared on the landscape over the years - such as Warrens - Bridgetown stays true to its mercantile roots. The British settlers disembarked in a sparse - and nameless - Bridgetown in 1628, where the most predominant feature of the desolate area was a primitive bridge believed to be erected by the island’s natives over its main waterway. Two name changes later, Bridgetown was born, and over the ensuing decades, its streets would be the scene of trade and social convergence.