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Terra Caribbean - Blog

Should You Rent or Buy an Investment Property Overseas?

Posted on Tue October 22, 2024 | By Terra Caribbean Barbados
An elegant, cream-colored house with three stories situated between palm trees and foliage in the front yard's landscaping.
Thinking about investing in overseas property? With the following factors, explore whether renting or buying an investment property overseas is right for you.

5 Reasons Why West Beach Could Be Your Perfect Coastal Escape

Posted on Thu October 17, 2024 | By Terra Caribbean

Imagine living steps away from the beach, where every evening comes with an incredible sunset view. That’s what West Beach on Barbados' platinum coast offers, with modern, luxurious residences in a super convenient spot. You get the beauty of island life without giving up any of life’s comforts. If you’re serious about finding a home in Barbados, West Beach is definitely worth a look!

The Effects of Weather on Overseas Investment Property Value

Posted on Thu October 17, 2024 | By Terra Caribbean Barbados
A sandy beach with chairs on it and people playing volleyball. There are properties and palm trees nearby.

Find out how weather conditions impact the value of your overseas investment property and what factors to consider to make a smart investment.

Sunset Views: Your next Land Purchase? We think so!

Posted on Mon October 14, 2024
Sunset Views

Discover Sunset Views, a picturesque land development in St. Thomas, Barbados, offering expansive lots between 6,200 and 9,300 sq. ft. Perfect for building a private retreat, Sunset Views combines countryside tranquility with urban convenience, just 10 minutes from Warrens and Welches. 

My Terra Story

Posted on Fri October 04, 2024 | By Sasha Anton, Real Estate Agent
Sasha Anton

As an agent who still considers herself relatively new in the field of real estate—despite eight years of experience—I’ve found an incredible support system at Terra Caribbean, both professionally and personally. Being an agent with Terra Caribbean goes beyond brokering real estate transactions; it’s about being part of a dedicated team, embracing a collaborative culture, and committing to excellence. Here at Terra Caribbean, we’re equipped with the knowledge, tools, and resources to provide exceptional service to our clients. This experience has revealed what truly makes us stand out in the real estate market.

5 Tips for Maintaining Your Caribbean Investment Property

Posted on Mon September 30, 2024 | By Terra Caribbean Barbados
A blue wooden house with a light yellow roof and white door. The house is next to palm trees and some plants.

Elevate your Caribbean investment property with these expert tips. Learn effective ways to keep your property pristine to continue being profitable.

Dispelling Common Myths About Renting in the Caribbean

Posted on Thu September 12, 2024 | By Terra Caribbean Barbados
A row of colorful houses on a beach with palm trees and bushes around them. The sky is blue with light clouds.
Uncover the truth about Caribbean rentals. From affordability to language barriers, we debunk the most common myths about renting in the Caribbean.

 

The Great Home Debate: Build or Buy? What You Need to Know

Posted on Thu September 05, 2024 | By Jo-Ann Traboulay

Investing in property is a significant decision and often the single largest investment in a lifetime. For the inexperienced investor, the decision-making process can be daunting, and the comforting “safety blanket” of guidance isn't always available—or may be disingenuous.

The Economic Benefits of Overseas Property Investment

Posted on Thu August 15, 2024 | By Terra Caribbean Barbados
Closeup of a miniature wood house next to building blocks that say invest and are sitting on top of piles of coins.

If you want to invest in property, it may be worth your while to consider international options. Here are the economic benefits of overseas property investment.

Condos vs Townhouses: What’s the Difference?

Posted on Mon August 12, 2024 | By Terra Caribbean Barbados
Are you torn between purchasing a condo or a townhouse? Explore the key differences in ownership, fees, and resale value to decide what works best for you.

Unlocking Your Dream Home

Posted on Tue August 06, 2024 | By Radha Richards

Once you've found your dream home and your offer has been accepted, the next step is to navigate the mortgage process. This stage is critical, as it involves securing financing for your new property and ensuring all legalities are properly handled. Here's what you need to do:

5 Essential Questions to Ask Your Valuer

Posted on Wed July 03, 2024 | By Veroon Ramroop

When seeking to understand the true value of your property, it’s crucial to engage a professional valuer to obtain a comprehensive and reliable valuation. A Valuation Report is not only a crucial certified document for communicating your property's market value to various stakeholders, but it is also a technical document that can be difficult to understand.

Therefore, before getting that valuation report, it is important to understand the methodologies they will use to assess the value of your asset, the scope of their services, and the timeline for completion.

Here are five essential questions to ask your Valuer.

Long- vs. Short-Term Rental Properties: A Brief Comparison

Posted on Thu June 27, 2024 | By Terra Caribbean Barbados
Close-up of a small yellow model of a house with a red 'for rent' tag attached to it in front of a blurred green background.
An important decision for renters is deciding if they prefer short- or long-term rentals. Here is a brief comparison of long- vs. short-term rental properties.

Tips for Screening Tenants In Your Overseas Property

Posted on Thu June 06, 2024 | By Terra Caribbean Barbados
Close-up of a tenancy agreement with a pen, a pair of keys to the property, and a small house figurine on a table.
Finding the right tenant for your overseas property can be tricky because of the distance. Here are tips to make the screening process easier.

Managing Natural Disaster Risks at Your Caribbean Property

Posted on Tue May 28, 2024 | By Terra Caribbean Barbados
Turquoise storm shutters that are slightly ajar on the window of a light blue house in the Caribbean.

The Caribbean is susceptible to various natural disasters. Here’s how to prepare for and manage natural disaster risks at your Caribbean property.

Common Mistakes People Make When Renting Overseas

Posted on Wed May 08, 2024 | By Terra Caribbean
Common Mistakes People Make When Renting Overseas
Knowing what to and not to do is crucial if you’re considering renting an international property. Here are common mistakes people make when renting overseas.

The Challenges in Affordable Housing Supply

Posted on Mon May 06, 2024 | By Terra Caribbean Trinidad
The Challenges in Affordable Housing Supply

On April 13th, Republic Bank and My Bunch of Keys collaborated for the Make It Happen home ownership event, which hosted over 30 Real Estate agencies, developers, lawyers and valuers and Republic Bank mortgage officers. While the event garnered a lot of media attention, and was well attended by prospective buyers, it shed light on several key issues.

Property Covenants: What They Are and Why They Matter

Posted on Thu May 02, 2024 | By Terra Caribbean Barbados
Property Covenants: What They Are and Why They Matter
When purchasing property, there are many things to consider, including property covenants. We’ll explain what property covenants are and why they matter.

The Dos and Don’ts of Buying a Beach House

Posted on Fri April 12, 2024 | By Terra Caribbean Barbados
The Dos and Don’ts of Buying a Beach House
Knowing what to do and what not to do is important if you’re thinking about buying a beach house. We share these dos and don’ts here. Don’t miss this post!

Things Foreigners Should Know About Barbados Culture

Posted on Tue April 09, 2024 | By Terra Caribbean Barbados
Things Foreigners Should Know About Barbados Culture
Knowing about the culture is helpful if you’re considering a trip or move to Barbados. Here are things foreigners should know about Barbadian culture.

Embracing Energy Efficiency: A Facility Management Perspective

Posted on Sun March 24, 2024 | By Bernard Connell, Facility Manager

In our Facility Management practice, we have implemented different initiatives, particularly the use of LED Energy Star-rated products, which has resulted in annual savings for property owners. 

5 Benefits of Choosing To Live in Barbados

Posted on Tue March 19, 2024 | By Terra Caribbean Barbados
Barbados could be the place if you’re ready to move to a relaxed island paradise full of culture. Here are five benefits of choosing to live in Barbados.

Common Types of Property Ownership in Grenada

Posted on Tue March 12, 2024 | By Terra Grenada

In Grenada, property ownership is governed by legislation that is influenced by the British common law system and other local regulations. 

Understanding the various types of property ownership prevalent in Grenada is important for both current and prospective property owners. Today we'll delve into the common types of property ownership, the responsibility of owners, and laws to adhere to, in the event of a property sale.

 

5 Myths and Misconceptions About Renting Overseas

Posted on Fri March 08, 2024 | By Terra Luxury
Have you been dreaming of moving abroad but are worried about the process? We’ll debunk five myths and misconceptions about renting overseas.

5 Essential Question to Ask Your Mortgage Officer

Posted on Mon March 04, 2024 | By Sasha Anton
5 Essential Questions to Ask Your Mortgage Officer

Purchasing a home is often one of the most significant financial decisions individuals or families make. Securing a mortgage is a crucial step in this process, and finding the right mortgage officer to guide you through it is essential. To ensure you make informed decisions and obtain the best mortgage for your needs, it's important to ask the right questions.

Overpricing, and the Challenges it poses to Sellers and Landlords

Posted on Tue February 27, 2024 | By Terra Grenada

Accurately pricing your property, whether it be for sale or for rent is crucial and it is important that property owners’ price their properties correctly from the beginning. Failure to do so can be costly and pose several challenges.

Tips To Help You Prepare Your Vacation Home for Sale

Posted on Tue February 20, 2024 | By Terra Caribbean Barbados
You’ll want to do a few things if you’re thinking about putting your vacation home on the market. Here are tips to help you prepare your vacation home for sale.

Things To Consider When Screening International Tenants

Posted on Mon February 12, 2024 | By Terra Luxury
Things To Consider When Screening International Tenants
Before renting out a property, it’s essential to conduct a thorough tenant screening process. Here are things to consider when screening international tenants.

5 Tips for First-Time Renters When Renting Overseas

Posted on Fri January 19, 2024 | By Terra Luxury
5 Tips for First-Time Renters When Renting Overseas
Renting a home overseas can be exciting, but it’s important to know some things first. Here are five tips for first-time renters when renting overseas.

Services Property Management Companies Typically Provide

Posted on Tue January 02, 2024 | By Terra Luxury
<p>If you own a property, you know that it can be quite challenging to manage it on your own, especially when you have a full-time job and other personal commitments. Fortunately, property management companies offer exclusive services that can help you wi
Property management services may be the answer if you own a property and need help caring for it. Here are the services property management companies provide.

The Pitfalls of Overpricing Your Property: A Guide for Sellers

Posted on Fri December 29, 2023 | By Lianne Earle, Real Estate Agent

In this article, we'll explore the reasons why overpricing your property when listing it for sale can be a costly error in the Barbados real estate market.

A Brief Look at the Barbados Real Estate Market in 2024

Posted on Tue December 12, 2023 | By Terra Caribbean Barbados
A Brief Look at the Barbados Real Estate Market in 2024
Are you curious what the Barbados real estate market will look like within the next year? Let's take a brief look at the Barbados real estate market in 2024.

Things Millennials Should Know Before Buying a Vacation Home

Posted on Tue November 28, 2023 | By Terra Caribbean Barbados
Things Millennials Should Know Before Buying a Vacation Home

If you’re a millennial thinking about getting a vacation home, there are some essential things to know. Click here to discover important considerations.

Should You Consider Renting Out Your Barbados Home?

Posted on Tue November 14, 2023 | By Terra Luxury
Should You Consider Renting Out Your Barbados Home?
Are you considering renting out your Barbados home to make a profit? Here is a brief guide on the pros and cons of renting out your Barbados property.

Unlock Your Real Estate Development Potential with Terra Caribbean

Posted on Thu November 09, 2023 | By Terra Caribbean Trinidad
Unlock Your Real Estate Development Potential

With a proven track record of knowledge, experience and innovation in the industry, Terra Caribbean is the ideal partner to help you unlock your real estate potential and take your projects to the next level. Whether you're a seasoned developer or new to the industry, we have the resources and expertise to guide your development project. As the real estate landscape continues to evolve, Terra Caribbean remains a trusted and recognized brand, at the forefront of industry data and trends.

At Terra Caribbean, our objective is to make the listing and selling process as easy as possible for you. As a developer, you can benefit from a simplified, streamlined process to manage the administrative burden and get your property sold quickly.

We offer a comprehensive suite of services designed to empower real estate developers to achieve their goals efficiently and profitably.

The Benefits of Using a Real Estate Agent in Barbados

Posted on Fri November 03, 2023 | By Lianne Earle, Real Estate Agent

When it comes to navigating the intricate world of real estate in Barbados, enlisting the assistance of a qualified real estate agent can be a game-changer. Their expertise and array of services can not only streamline the process but also enhance your chances of discovering your dream property while making well-informed decisions. Here’s a comprehensive guide on why and how you can make the most of a real estate agent’s support in Barbados.

 

3 Tips To Market Your Barbados Property to Buyers

Posted on Wed October 25, 2023 | By Terra Luxury
Are you looking for effective strategies for selling your home in Barbados? Here are three helpful tips for marketing your Barbados property to buyers.

Challenges New Homeowners Face When Selling Their House

Posted on Fri October 13, 2023 | By Terra Caribbean Barbados
Challenges New Homeowners Face When Selling Their House
As a first-time homeowner, beginning the home-selling process is intimidating. Here are the challenges new homeowners face when selling their house.

Is Buying Repossessed Houses a Good Investment?

Posted on Fri September 29, 2023 | By Terra Caribbean Barbados
Is Buying Repossessed Houses a Good Investment?
There are several different types of properties you can buy, including repossessed homes. Explore the pros and cons of purchasing a repossessed home.

 

Grenada Real Estate Market Analysis Q1 & Q2 2023

Posted on Mon September 25, 2023 | By Terra Grenada

We have broken down the real estate sales market for Grenada for Q1-Q2 of 2023 and made comparisons with 2022 sales within the same period to examine the total number and value of sale transactions, sales performance by parish and by prime residential neighborhoods.We have also reviewed number and value of sales by property types and classifications.

Click here to view the full report. 

A Brief Guide To Properly Evaluate Your Home’s Value

Posted on Wed September 13, 2023 | By Terra Caribbean Barbados
A Brief Guide To Properly Evaluate Your Home’s Value
One of the most important things to know before selling your house is its current value. Here is a brief guide to properly evaluating your home’s value.

Before You Sell Your Property

Posted on Fri September 08, 2023 | By Terra Caribbean Trinidad
Before You Sell

Selling a property can be a momentous event in your life. It is not merely a transaction but a complex process that requires careful planning and attention to detail. Whether you're parting ways with a beloved family home or divesting an investment property, the decision to sell is a significant one. It's a journey that involves not only financial considerations but also emotional attachments and logistical challenges.

As vendors, you are in a unique position where you have the power to shape the future of your property. The decisions you make before listing your property for sale can greatly impact your experience and the outcome of the sale. To navigate this process successfully, you need a well-thought-out plan and a clear understanding of the steps involved.

When Is Renting a Property Better Than Buying?

Posted on Fri August 25, 2023 | By Terra Luxury
When Is Renting a Property Better Than Buying?
If you’re trying to decide whether you should rent or buy a property, it helps to know a few things. Here’s when renting a property is better than buying.

 

4 Tips for Buying an Investment Property Overseas

Posted on Fri August 11, 2023 | By Terra Luxury
Have you been thinking about investing in real estate overseas but aren’t sure where to start? Here are four tips for buying an investment property overseas.
Have you been thinking about investing in real estate overseas but aren’t sure where to start? Here are four tips for buying an investment property overseas.

Pre Qualification Vs. Pre Approval

Posted on Tue August 08, 2023 | By Terra Grenada

What's the difference between pre-qualification and pre-approval?

Buy vs. Build

Posted on Fri August 04, 2023 | By Terra Caribbean Trinidad
Buy vs. Build

You’ve finally been pre-qualified and you’re ready to buy your home. But all the options are just not quite right. It’s either the perfect house in the wrong location or the average home in an excellent location. For some, this may spark the question, is it better to buy or build?

It’s a lesson in perspective. What’s most important in your life? For those seeking immediate possession, convenience, and less involvement in the construction process, buying a property might be the right choice. On the other hand, for individuals looking for full customization, buying land and building at their own leisure is an option. Both options have their merits and drawbacks. Buyers should carefully assess their specific needs, preferences, and financial capabilities that best align with their present and future goals. Here’s a list of pros and cons to get you started on the best option for you.

Five (5) Ongoing Costs to Budget for after Purchasing your First Property

Posted on Thu August 03, 2023 | By Terra Grenada

Purchasing your very first property, is only the begining of your real estate journey.

Tips To Sell Your House in a Slow Real Estate Market

Posted on Mon July 31, 2023 | By Terra Caribbean Barbados
Tips To Sell Your House in a Slow Real Estate Market
Selling your home in a slow market can be challenging, but it doesn’t have to be impossible. Explore some tips to sell your house in a slow real estate market.

Why You Should Consider Renting in Barbados

Posted on Fri July 14, 2023
Why You Should Consider Renting in Barbados
Moving to a different location can be daunting, but it can also be an incredible experience. Explore why you should consider renting a place in Barbados.

Five ways we protect your investment during the hurricane season

Posted on Tue July 11, 2023 | By Terra Grenada

If you're a Real Estate Investor / Property Owner and you don't have a property manager, now is the time to hire one.

Exploring the Benefits of Buying a Vacation Home

Posted on Tue June 20, 2023 | By Terra Caribbean Barbados
Exploring the Benefits of Buying a Vacation Home
There’s nothing better than going on a vacation, but complications can follow. Explore the amazing benefits of buying a vacation home for your family.

Entertainment Options in Barbados Your Family Will Love

Posted on Mon June 05, 2023 | By Terra Caribbean Barbados
Entertainment Options in Barbados Your Family Will Love
There’s nothing better than a Caribbean vacation, and Barbados is an incredible destination. Explore these family-friendly entertainment options in Barbados.

 

Streamlining your Commercial Real Estate portfolio?

Posted on Mon May 29, 2023 | By Terra Caribbean Trinidad
Streamlining your Commercial Real Estate portfolio

Since 2022, as the real estate market stabilized, many conglomerates and large businesses reassessed their real estate portfolios and divested some of their assets, creating a resurgence for commercial sales after a 5-year hiatus. In fact, Terra Caribbean's commercial sales have quadrupled since 2018. Trends show that there is now renewed interest and increased demand for tenanted commercial buildings. Thus, now may be the right time to consider selling your commercial asset.

Things To Consider Before Selling Your House Overseas

Posted on Fri May 19, 2023 | By Terra Caribbean Barbados
Things To Consider Before Selling Your House Overseas
There’s nothing better than owning a secondary property, but it can be a burden. Here are a few things to consider before selling your home overseas.

House vs. Apartment Rentals: Which Is Best?

Posted on Wed May 10, 2023 | By Terra Caribbean Barbados
Everyone needs a suitable place to live, but deciding where to live can be challenging. Explore whether renting a house or apartment is the right choice.

Tips To Protect Your Investment From Natural Disasters

Posted on Tue April 25, 2023 | By Terra Caribbean Barbados
Real estate is one of the most significant investments to make, but that doesn’t mean it’s safe. Discover tips to protect your property from natural disasters.

3 Benefits That Come From Selling Your Home

Posted on Tue April 11, 2023 | By Terra Caribbean Barbados
3 Benefits That Come From Selling Your Home
Most people don’t own the same home forever—selling is a relatively common occurrence. Explore a few benefits that come from selling your home.

 

The New Buyer

Posted on Wed March 29, 2023 | By Terra Caribbean Trinidad
The New Buyer

Real estate is an ever-changing industry, with buying and selling patterns constantly shifting. One of the most significant shifts in the industry is the emergence of the new buyer in the real estate market. The new buyers in the real estate market are likely to have different expectations and preferences from the previous generation of buyers. These new buyers will redefine the trends of the real estate market in the coming years, if they haven’t already.

Barbados Real Estate Laws You Should Know

Posted on Tue March 21, 2023 | By Terra Caribbean Barbados
Barbados Real Estate Laws You Should Know
Living in the Caribbean is a phenomenal experience, but policies and regulations may be different. Check out these Barbados real estate laws you should know.

Long- vs. Short-Term Rentals: Which Is Right for You?

Posted on Mon March 06, 2023 | By Terra Caribbean Barbados
Long- vs. Short-Term Rentals: Which Is Right for You?
If you want to rent, deciding whether a long- or short-term rental is right for you can be difficult. Explore the differences here to better gauge your options.

Property Rental vs. Buying: A Brief Comparison

Posted on Fri February 17, 2023 | By Terra Caribbean Barbados
Renting and buying are two popular options when it comes to finding a place to live. Consider a few differences between buying and renting a property.

Things To Know Before Renting a Property

Posted on Mon February 06, 2023 | By Terra Caribbean Barbados
Things To Know Before Renting a Property
Renting a property may be a great option for you, but there are considerations. Check out a few things to know before renting a house or apartment.

Past, Present and Future Trends in the T&T market

Posted on Mon January 30, 2023 | By Terra Caribbean Trinidad
Past, present, future trends in TT Market

2023 is one month young and there is no better time to look back at trends passed and trends coming this year. From 2019 to now, the real estate market has seen drastic shifts in both residential and commercial trends. The effects of the pandemic have changed how we work, how we live and even the types of property we buy over the last few years.

Do Popular Vacation Spots Make Good Rental Properties?

Posted on Wed January 25, 2023 | By Terra Caribbean Barbados
Do Popular Vacation Spots Make Good Rental Properties?
Most people rent properties for their vacations rather than book hotels. Consider whether or not popular vacation spots make good rental properties.

 

Tips To Help You Find the Right Caribbean Property

Posted on Wed January 18, 2023 | By Terra Caribbean Barbados
Tips To Help You Find the Right Caribbean Property
Finding the right rental property can be difficult, especially if it’s overseas. Read our blog for tips to help you find the right Caribbean property. 

Terra Heart 2022

Posted on Thu December 29, 2022 | By Terra Caribbean Grenada

Terra Heart is a campaign created by Terra Caribbean Grenada, geared towards giving back to our less fortunate communities throughout the island.

 

Terra Initiatives for the year 2022

Posted on Wed December 28, 2022 | By Terra Caribbean Grenada

As we reflect on the year, we can proudly say that we have successfully achieved many initiatives for the year 2022.

Here are some of the key initiatives successfully achieved in 2022.

5 Reasons To Invest in Real Estate in Barbados

Posted on Wed December 21, 2022 | By Terra Caribbean Barbados
5 Reasons To Invest in Real Estate in Barbados
Real estate is a wise investment for many reasons, but what are those reasons exactly? Read our blog for 5 reasons to invest in real estate in Barbados.

Differences To Expect in International Real Estate Investing

Posted on Wed December 14, 2022 | By Terra Caribbean Barbados
Whether your goal is a retirement plan or to earn a return, you may consider investing in real estate overseas. Check out the main differences you can expect.

Emerging Trends in Grenada's Real Estate Market for 2023

Posted on Fri December 09, 2022 | By Jadine Hinds-Steele

With the year 2022 almost to an end, we have foreseen emerging trends in Grenada's Real Estate Market for 2023. Click to Read More!

The Value of Facility Management Inspections

Posted on Wed December 07, 2022 | By Terra Caribbean Barbados

Inspections are important for any facility management company. Keep reading our blog to learn the value of facility management inspections. 

Environmental Sustainability in Commercial Buildings: A Facilities Management Perspective

Posted on Tue November 29, 2022 | By Terra Caribbean Barbados

Effective management of sustainable buildings is absolutely necessary for its initial status and objectives to be realized and maintained. 

 

The Dos and Don’ts of Renting a Beach House

Posted on Mon November 28, 2022 | By Terra Caribbean Barbados
The Dos and Don’ts of Renting a Beach House
Whether for a short- or long-term stay, you should consider a few things before renting a beach house. Explore these dos and don’ts to prepare.

5 Caribbean Holiday Traditions To Celebrate This Year

Posted on Thu November 10, 2022 | By Terra Caribbean Barbados
Holidays can look entirely different depending on your culture and location. Check out a few Caribbean holiday traditions to consider celebrating this year.

The Real Cost of Buying a Home

Posted on Tue November 01, 2022 | By Terra Caribbean Trinidad
The Real Cost of Buying a Home

So you’re ready to buy a home. It’s a common misconception that to start the process, all is needed is the initial 10% down payment. While this is your personal investment, buying a home is an involved process which requires the assistance of many stakeholders within the Real Estate ecosystem. From valuing to financing the asset, and insuring the property to officially transferring the property and all the legal paperwork in between, the costs of buying a home add up quickly.

Hence, in addition to the 10% of the agreed price of the property, there are cash expenses just to finalize a house sale. What’s the real cost of buying a home?

Residential vs. Commercial Real Estate: The Differences

Posted on Thu October 13, 2022 | By Terra Caribbean Barbados
Residential vs. Commercial Real Estate: The Differences
Investing in real estate is a big decision, no matter the circumstances. Consider the differences between residential and commercial real estate.

What To Know About the Different Types of Rental Properties

Posted on Tue October 11, 2022 | By Terra Caribbean Barbados
Finding a new place to call home isn’t always easy. Learning more about the different types of rental properties will help you decide which is best for you.

 

What's Selling in T&T in 2022?

Posted on Fri September 30, 2022 | By Terra Caribbean Trinidad

What’s selling in T&T in 2022?

In early 2021, due to the pandemic and the sudden shift in properties actually being purchased, we took a closer look at the movement in the market and highlighted some residential trends for 2021.

Now that we’re fully out of lockdown, and activity seems to be returning to almost pre-COVID norms, we delved in again to see which trends stayed and which trends did not.

Common Mistakes To Avoid When Buying Property in Barbados

Posted on Mon September 26, 2022 | By Terra Caribbean Barbados
Living in the Caribbean may be your dream, but you can’t go through the buying process in the dark. Consider a few common real estate purchasing mistakes.

 

NOW IS THE TIME TO LIST!

Posted on Thu September 15, 2022 | By Renee Charles

Considering listing your property for sale? Now is a great time to list both residential and commercial properties. There are qualified buyers looking, and good, well priced listings are being snatched up quickly. So, if you are considering selling a property, contact Terra Caribbean, we are here to answer all your questions, guide you through the process and get your property sold.

What You Should Know About the Cost of Living in Barbados

Posted on Thu September 15, 2022 | By Terra Caribbean Barbados
What You Should Know About the Cost of Living in Barbados
When it comes to residing in a different country, you may be curious about the overall cost of living. Read here to learn more about expenses in Barbados.

 

The Differences Between Caribbean and American Culture

Posted on Wed August 31, 2022 | By Terra Caribbean Barbados
You may not think the culture is different in the Caribbean than in America, but it is. Consider the shocking cultural differences between each region.

60 years of Independence, 60 years of Real Estate

Posted on Tue August 30, 2022 | By Terra Caribbean Trinidad
60 years of Independence

From the economy to technological advances and how we do business, Real Estate in Trinidad and Tobago has evolved from the 1960’s to today. The cyclical nature of T&T’s economy post-Independence has spurred waves of development, which have in turn stimulated a flourishing industry to what it is today.

THINGS TO CONSIDER WHEN VIEWING A PROPERTY

Posted on Tue August 23, 2022 | By Kenisha Beggs

Purchasing a home is one of the biggest financial decisions that anyone can make. We at Terra Caribbean will continuously ensure that our clients feel comfortable and confident to make that informed decision.

A Homeowner’s Guide to Selling in Barbados

Posted on Thu August 18, 2022 | By Terra Caribbean Barbados
If you own property in Barbados, you know how great it is to live here; however, the rest of the world might not. Check out this guide to selling in Barbados.

 

The Differences Between Renting in Barbados vs. America

Posted on Tue August 02, 2022 | By Terra Caribbean Barbados
The Differences Between Renting in Barbados vs. America

Living in Barbados may be your dream, and it doesn’t have to be just a dream any longer. Take a look at the differences between living in Barbados and America.

What To Consider When Choosing a Real Estate Agent

Posted on Mon July 25, 2022 | By Terra Caribbean Barbados
What To Consider When Choosing a Real Estate Agent
While you can go about the home searching process on your own, you will benefit from working with a professional. Discover how to choose the best agent.

5 Caribbean-Inspired Dishes You Must Try

Posted on Thu July 14, 2022 | By Terra Luxury
5 Caribbean-Inspired Dishes You Must Try
While you probably know the Caribbean for its stunning views and immaculate weather, the food is also incredible. Check out these must-try dishes!

What To Know About Investing in Caribbean Real Estate

Posted on Fri June 17, 2022 | By Terra Luxury
What To Know About Investing in Caribbean Real Estate
Blue skies, white sand beaches, and clear waters are enough to make anyone want to buy property in the Caribbean. Read on to learn about investing here.

All You Need To Know About the Biggest Cities in Barbados

Posted on Thu June 16, 2022 | By Terra Luxury
All You Need To Know About the Biggest Cities in Barbados
Despite the island's small size, Barbados has numerous fascinating places to visit and explore. To learn more about Barbados' biggest cities, look no further.

 

5 Tips for Safe Driving While in Barbados

Posted on Tue June 07, 2022 | By Terra Luxury
5 Tips for Safe Driving While in Barbados

Although you might think driving in Barbados isn’t much different than home, the policies and regulations differ. You can have fun but drive safe!

 

 

Essential Property Laws in Barbados You Should Know

Posted on Wed May 25, 2022 | By Terra Caribbean Barbados
Owning property in Barbados is a dream come true for many people. However, you should know a few things about property laws and the buying process first.

Buying vs. Renting in Barbados: What To Consider

Posted on Thu April 28, 2022 | By Terra Luxury
Buying vs. Renting in Barbados: What To Consider
Whether you decide to buy or rent in Barbados, you'll love what the island has to offer. Choose your own paradise to live the life you've always wanted.

 

4 RENTAL TIPS FOR LANDLORDS IN GRENADA

Posted on Tue April 26, 2022 | By Kenisha Beggs

The ownership of residential property is an investment. Whether the primary objective is generating income, increasing its capital value or the enjoyment of occupying it, owners will want to be sure that their investment is managed effectively.

A Guide to the Weather and Climate of Barbados

Posted on Wed April 20, 2022 | By Terra Luxury
A Guide to the Weather and Climate of Barbados

Being prepared for the weather is half the battle when it comes to traveling somewhere new. Delve into what you can expect from Barbados all year round.

ANALYSIS OF THE LAND REAL ESTATE MARKET IN GRENADA 2021

Posted on Tue April 12, 2022 | By Kareem Adams

Land sales continue to be the dominant sales in terms of volume in the Grenada real estate market. Let’s look at brief overview of land sales in Grenada in 2021.

The Red Book Grenada 2022

Posted on Fri April 01, 2022 | By Terra Caribbean Grenada
Know More - Terra Grenada Website Carousel

Terra Caribbean Grenada, the most well-established real estate provider in Grenada, released its third publication of The Red Book on Thursday 31st March 2022.

How is Land Priced?

Posted on Fri April 01, 2022 | By Terra Caribbean Trinidad
How is Land Priced?

With many land developments and listings at various price points on the market right now, purchasing land could be a quick and easy option to get into investing. But, when it comes to unimproved property (land), prospective buyers like to understand the basis for pricing and what their money can buy.

Based on price per square foot and multiplied by the land area, the total land price of one parcel can sometimes scare prospective buyers into sticker shock. Hence, we delved into various aspects that contribute to the price per square foot of land.

The Basics of Barbados’ Traditions and Culture

Posted on Fri April 01, 2022 | By Terra Luxury
The Basics of Barbados’ Traditions and Culture
While Barbados may seem like your typical tourist vacation destination, it’s so much more than that. Discover the long-standing traditions on the island.

 

The Benefits of Having Your Company Based in Barbados

Posted on Thu March 24, 2022 | By Terra Luxury
The Benefits of Having Your Company Based in Barbados
Starting or moving a business to a new country may seem daunting, but here’s how you can benefit from having your company based in Barbados.

 

How To Prepare To Put Your Barbados Home on the Market

Posted on Fri February 25, 2022 | By Terra Luxury
How To Prepare To Put Your Barbados Home on the Market
If you want to sell your Barbados home, there are a few things you need to do to ensure the best outcome. Learn how to prepare for the selling journey.

 

Trending Areas in 2022

Posted on Fri February 04, 2022 | By Terra Caribbean Trinidad
Trending Areas in 2022

One thing the Coronavirus pandemic has done in the last two years is shift our focus from the hustle and bustle outside of home to our work and recreational space at home. As we close a second year of remote work and homeschooling, quality of life has become paramount to most. For some, a lush environment, more floor area, or a further distance away from the rush is worth moving outside the West.

What does this mean for Real Estate? 

The Home Buying Process When Purchasing in the Caribbean

Posted on Wed January 26, 2022
Buying Caribbean property as a foreigner is often a drawn-out process, but spending time preparing and researching is key to finding a property you love.

Why You Should Choose Barbados for Your Next Vacation

Posted on Mon January 10, 2022 | By Terra Caribbean
Why You Should Choose Barbados for Your Next Vacation
If you’re looking for a trip with impeccable views, incredible meals, and a cultural experience unlike any other, Barbados is the perfect destination for you.

The Essentials for Enjoying Tropical Island Life

Posted on Wed December 29, 2021 | By Terra Caribbean Barbados
The Essentials for Enjoying Tropical Island Life
There’s no one right way to enjoy your island stay. Still, we have some tips on how to make the most of your time at a tropical getaway destination.

Is It Possible To Work Remotely From Barbados Long Term?

Posted on Thu December 09, 2021 | By Terra Caribbean Barbados
Is It Possible To Work Remotely From Barbados Long Term?
The simple answer: yes! It is possible to work remotely in Barbados long term. Read on to learn more about how to take your home office into the Caribbean.

Your First Offer is Your Best Offer!

Posted on Tue November 30, 2021 | By Terra Caribbean Trinidad
Your First Offer is Your Best Offer

It’s been a rough two years and you’ve finally decided to downsize your Real Estate portfolio as soon as possible. You’ve done your due diligence, spoken to a few Real Estate agents, even paid for a valuation report, and determined a fair asking price.

After a few weeks of market exposure, your agent calls with an offer below asking, but you’re torn between accepting a lower-than-expected price and chancing receiving a better offer.

What Parents Should Know About Finding Childcare in Barbados

Posted on Fri November 19, 2021 | By Terra Caribbean
For any parent looking to make a move to Barbados, it’s important to know what the island has to offer in terms of daycare and babysitting services.

The Current Real Estate Market in Barbados

Posted on Tue November 16, 2021 | By Terra Caribbean
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Barbados is a constant vacation destination for travelers, but economic changes continue to impact how attractive island property is for vacationers.

 

Investing in The Landing Resort & Spa St. Lucia

Posted on Mon November 15, 2021 | By Marella Devaux, Real Estate Agent

Clients often ask for rental properties in St. Lucia that are within a gated community. There are a few gated communities on island, many of which are located in the north of the island, and each differ depending on their location, amenities and views. 

Today I want to share with you one that offers you all the comforts of being in a gated community, while allowing you to enjoy all the perks of a resort - The Landing Resort & Spa.

5 Crucial Tips for First-Time Renters

Posted on Wed November 10, 2021 | By Kenisha Beggs

Getting the keys to your first apartment can be a huge accomplishment for some. The idea of freedom, independence and the unknown will cause excitement and to an extent, suspense. However, there are several things that needs consideration before even starting this journey. Here are 5 crucial tips for first-time renters.

How To Handle a Multiple Competing Offer Situation

Posted on Fri November 05, 2021
How To Handle a Multiple Competing Offer Situation
Real estate is a balancing act between several buyers and sellers trying to find the perfect match between offers, properties, and even personalities.

Buying Styles: Men vs. Women

Posted on Thu October 28, 2021 | By Terra Caribbean Trinidad
Buying Styles

It’s no secret that men and women think, act, and prioritize differently. The same goes when searching for homes. Believe it or not, when it comes to buying homes, men and women differ on the questions they ask, their motivation for buying and what they ultimately base their decisions on. We asked our agents, “What are the buying styles of men vs. women?” and the responses were telling.

While men fixate on price and the bare bones of the home, women tend to focus on safety, livability, and future plans - all equally important. Though the questions below are not exhaustive or exclusive to either male or female, it is an abstract of the contrast between men and women and how they make their property decisions.

Must-Visit Shopping Destinations in Barbados

Posted on Thu October 07, 2021
Must-Visit Shopping Destinations in Barbados
This guide will help you decide which must-visit shopping destinations in Barbados to keep at the top of your to-do list as you discover all the island offers!

 

Let's Talk Property Prices!

Posted on Thu September 30, 2021 | By Terra Caribbean Trinidad

A few months ago, we discussed the difference between price and value and how the perception of both concepts affect transactions. Additionally, the last year and a half during the pandemic has changed the already shifting T&T Real Estate market. Now, with all the talk of Property Tax and Land Valuations, we realized that there are many misconceptions surrounding Property Prices.

Therefore, we delved into some of our sold transactions over the past 18 months from our database to understand what money can buy today at different price ranges. This is not a definitive guide but an insight to illustrate what the market has dictated over the last year and a half. The aim is to help both property searchers and vendors navigate the real estate market and show what’s selling and for how much.

A Brief History of the Island of Barbados

Posted on Mon September 20, 2021
A Brief History of the Island of Barbados
The descendants of the Amerindian Barbados residents and the slaves who brought the island prosperity continue to celebrate the island’s history to this day.

 

Things To Know About Retiring in Barbados

Posted on Wed September 08, 2021 | By Terra Caribbean Barbados
Things To Know About Retiring in Barbados
Many dream of moving to the Caribbean to retire, especially on the beautiful island of Barbados. If retiring in Barbados is your dream, check out these tips.

4 questions to ask before viewing a property for sale

Posted on Wed September 08, 2021 | By Kenisha Beggs

Whether you’re a first-time homebuyer or a pro, buying a property is a big undertaking. It’s easy to fall so in love with a property that you lose sight of the more practical considerations. Therefore, we urge you to ask us these questions before even viewing the property.

The Best Time of Year To Rent a Villa in Barbados

Posted on Mon August 30, 2021 | By Terra Caribbean Barbados
The Best Time of Year To Rent a Villa in Barbados
If you’re ready for a trip to the Caribbean, consider the island aspects you’re looking forward to most before picking the rental dates for your villa getaway.

5 Things You Should Know When Buying Land

Posted on Thu August 26, 2021 | By Sasha Anton
5 things you should know when buying land

Whether it’s for personal use or development, land is favoured by many as a quick and easy way to get into investing. As it is considered unimproved property, a land sale is a fairly straight-forward transaction. But, before you make that down payment, there are few things you should look out for to ensure it is a sound investment!

The Top Dos and Don’ts of Living in Barbados

Posted on Wed August 18, 2021 | By Terra Caribbean Barbados
The Top Dos and Don’ts of Living in Barbados
If you’re thinking of moving to Barbados or even just visiting, these top dos and don’ts will help you enjoy your island stay without issue!

Tips on how to improve the value of your home

Posted on Fri August 06, 2021 | By Kareem Adams

Tips on how to improve the value of your home

Wondering how to add value to your home? If you want to know how to add value to your home it’s important to tick all the right boxes so you are actually adding value without spending a fortune. Thankfully there are lots of brilliant ways to add value and boost the appeal of your home.

Certain projects are quick and easy and will add instant interior appeal while others may be larger extensions that will give you curb appeal or help your house sell for the right price on the property market. Here are 4 tips which will help add value: 

 

 

Things You Didn’t Know Are Illegal in the Caribbean

Posted on Fri July 30, 2021 | By Terra Caribbean
Things You Didn’t Know Are Illegal in the Caribbean
Camouflage? Swearing? A surplus of artificial nails? Those are just a few things you didn’t know are illegal in the Caribbean, so watch yourself.

 

Effects of Remote Work

Posted on Wed July 28, 2021 | By Terra Caribbean Trinidad
Effects of Remote Work

 

From May 2021 to now, Trinidad & Tobago entered a second, stricter lockdown and a State of Emergency following a spike in COVID-19 cases. Similar to the first lockdown in April and May 2020, businesses except for essential services either closed or had their staff work remotely. In July 2020, in an effort to understand how working remotely changed attitudes of office employees, the Terra Caribbean Group built and circulated an attitudes survey to their host countries; Barbados, Grenada, St. Lucia and Trinidad & Tobago.

Therefore, to understand how attitudes may have changed over the last year and how employees feel about the office in the future, Terra Caribbean Trinidad circulated another survey as an updated, comprehensive view of the Trinidadian employee.

 

Things To Know Before Becoming a Landlord in Barbados

Posted on Fri July 16, 2021 | By Terra Caribbean Barbados
Things To Know Before Becoming a Landlord in Barbados
Buying a rental property is a solid investment. There are a few things to know before becoming a landlord in Barbados that can help set you up for success.

 

How Long Can You Live in Barbados Without Becoming a Citizen?

Posted on Fri July 02, 2021 | By Terra Caribbean
How Long Can You Live in Barbados Without Becoming a Citizen?
The new 12-Month Welcome Stamp is attracting remote workers to paradise. Find out how long you can live in Barbados without becoming a citizen.

 

West Coast Versus South Coast Property in Barbados

Posted on Mon June 21, 2021 | By Terra Caribbean
West Coast Versus South Coast Property in Barbados
Where’s the best area for you to invest in an island home? This guide can help you compare West Coast vs. South Coast property in Barbados.

 

4 things that sellers can do to avoid any potential delays in the sales process.

Posted on Fri June 11, 2021 | By Renee Charles
Are you thinking of selling property? Well, here are 5 things to keep in mind to avoid delays in the sale process. 
 
things that sellers can do to avoid any potential delays in the sales process.
 

Covenants on Residential Properties

Posted on Wed June 09, 2021 | By Kareem Adams

Here at Terra Caribbean Grenada we advise our clients to carefully review the covenants of a property, and consideration must be given to whether the covenants create a benefit or impose a burden to you prior to purchasing it, based on the purchaser’s intended use for the property.

 

Services Facility Management Companies Typically Provide

Posted on Wed June 02, 2021 | By Terra Caribbean
Services Facility Management Companies Typically Provide
The services that facility management companies typically provide keep things running at peak efficiency so you can focus on other priorities.

 

Thoughts on Residential Living in the Bridgetown City Centre

Posted on Mon May 31, 2021 | By Terra Caribbean

Residential Living in Bridgetown

With significant levels of vacancy across the City Centre of Bridgetown, we sought to explore the notion of re-introducing Residential Living as an added usage by conducting a brief survey.

Coping with COVID fatigue

Posted on Thu May 27, 2021 | By Terra Caribbean Trinidad
Coping with COVID fatigue

We’re taking a break from talking about Real Estate trends to discuss the real topic at hand: COVID fatigue. Here we are a year later, and to our surprise, we are still in a pandemic and in another lockdown. However, the consensus is that this lockdown is stressful and more difficult, for varied reasons.

While numerous businesses have managed to pivot over the last year, making their operations digital and getting websites ready for e-commerce, some of us are still navigating how to pivot on a personal level; battling mental health challenges amid concerns of job loss, decreases in business revenue or the health of our loved ones. In honour of Mental Health Awareness month, we’re examining COVID fatigue and how to cope during these times.

The Importance of Preventative Maintenance for Your Facility

Posted on Tue May 18, 2021 | By Okizia Lambert, Real Estate Agent
Take the importance of preventative maintenance for your facility seriously so that you won’t have to sacrifice efficiency or pay for large-scale issues.

 

All About IBCs in St. Lucia

Posted on Sat May 08, 2021 | By Okizia Lambert, Real Estate Agent

Understanding the intricacies of IBCs in St. Lucia can be overwhelming. Terra Caribbean's helpful overview seeks to shed light on this important topic.

NOW is a great time to invest in Real Estate.

Posted on Tue April 27, 2021 | By Terra Caribbean Trinidad
5 Reasons Why you should invest in Real Estate Now

This is not a Sales Pitch! Despite the current economic climate and the pandemic, the Real Estate market is active and has been since June 2020. We recapped the property trends here and can safely say that Real Estate in T&T in 2021 is a sound investment.

Why? Here are 5 reasons:

Marketing Steps for Advertising Your Home

Posted on Thu April 22, 2021 | By Terra Caribbean Barbados
Marketing Steps for Advertising Your Home
Though there was a drop in selling for homes initially, following stay-at-home orders, the market rebounded quickly—and this year is your year!

 

Top Tips for Living in Barbados

Posted on Tue April 13, 2021 | By Terra Caribbean Barbados
Top Tips for Living in Barbados
Barbados is one of the most beautiful islands in the Caribbean. Our guide will help you make the most out of the island and living in Barbados.

Price vs. Value

Posted on Sat March 27, 2021 | By Terra Caribbean Trinidad
Price vs. Value

Let’s get practical for a minute!

With all the conversation about price reductions in recent months and valuations in a pandemic year, most people have been using the words “price” and “value” interchangeably. What really is the difference between price and value? Furthermore, what determines both factors?

Common Mistakes When Buying a Home in Barbados

Posted on Tue March 23, 2021 | By Terra Luxury
Common Mistakes When Buying a Home in Barbados
Venturing into the land of property ownership in Barbados should be an exciting feat. It’s important to consider all factors before making a purchase.

Staging Your Home For Sale

Posted on Thu March 18, 2021 | By Sherma-Ann Roberts-Joseph

If you've missed Time with Terra Radio Edition, here's a recap! Here are 6 staging tips Sherma-Ann Roberts Joseph - Real Estate Agent- advises for property owners thinking of selling their home.

Going from Short-Term to Long-Term

Posted on Fri March 12, 2021 | By Emma Hutson, Real Estate Agent
Blogs Images   Going from Short Term to Long Term.png

What a whirlwind this last year has been! COVID erupted, sanitizer and face masks became the new norm and nearly everything was cancelled; including long awaited holidays to Barbados.

Q4 - Sales and Rentals Report

Posted on Tue March 09, 2021 | By Terra Caribbean
Out Now!
 
Q4 Sales & Rentals Report
Our brokerage agents Betty Cathrow and Emma Hutson have come together again to review the final quarter of 2020.

The Best Caribbean Islands To Invest in Real Estate

Posted on Tue March 09, 2021 | By Terra Caribbean

There's much to consider when deciding where to build a tropical home. Our guide to the best Caribbean islands to invest in real estate will help you choose.

The Welcome Stamp Experience

Posted on Mon March 08, 2021 | By Annalisa Sealy-Graham, Real Estate Agent

Carolyn and Tyler like many others decided to accept the invitation of our Prime Minister Mia Mottley. They moved to Barbados on our Welcome Stamp visa for 1 year. When I asked them why they chose Barbados they said, “Barbados chose us!”  They both grew up in Seattle and then moved to Arizona and Las Vegas before moving to Barbados.  In speaking with them I was intrigued by how much they had learned about Barbados and the degree to which they had already embraced our culture.  I decided to ask them a few questions about their experiences in Barbados and especially how they adapted during our ‘Pause’.

Property Feature - Rodney Bay Commercial Building, St. Lucia

Posted on Thu March 04, 2021 | By Gilbert Fontenelle, Real Estate Agent
Rodney Bay Commercial Building Space

A commercial space with road visbility, accessibility and close proximity to Rodney Bay & IGY Marina.

Where is Commercial Real Estate Today?

Posted on Wed March 03, 2021 | By Lisa Coyle, Real Estate Agent
Where is Commercial Real Estate Today?

We can all agree that the Commercial Real Estate (CRE) sector has been one of the sectors affected the most in this Pandemic.  From the hotels, malls, multi-family buildings, offices, retail and such. However, let us step back a bit before the pandemic. Some of these sectors were already struggling. Each sector had different challenges however, this was a sign to look at different approaches to achieve a different result. As Albert Einstein was quoted saying, “Insanity is doing the same thing over and over again and expecting different results.

Traits Your Barbados Real Estate Agent Should Have

Posted on Mon March 01, 2021 | By Terra Caribbean
As you begin to venture into the buying of property or land, you need a trustworthy and knowledgeable professional to help you work out the details.

Property Trends We Did Not Expect for 2021

Posted on Wed February 24, 2021 | By Terra Caribbean Trinidad

Post lock down 2020, the Real Estate outlook for the rest of 2020 was dismal. With the phased reopening of Trinidad & Tobago in June 2020, many businesses contracted or closed their doors, leading to widespread job loss, diminished spending power and decreased economic activity. We were preparing for the worst.

However, in our May 2020 article, we highlighted a few drivers of the industry and how buyers may make their next property decisions. Nine months later, a closer look at the residential segment shows some concrete trends that have sustained through to 2021, that we did not anticipate.

A Guide To Selling Property in Barbados

Posted on Thu February 11, 2021 | By Terra Caribbean
If you own property in Barbados, then you already know how special it is. The difficult part is that the rest of the world isn’t up to date on the advantages of investing here. Following a guide to selling property in Barbados will help you portray your property in the best possible light to prospective buyers.

Are you thinking of Buying Land?

Posted on Thu January 28, 2021 | By Renee Charles

Buying land can be a lengthy process, however, we're here to help. As we know, this is one of the largest investments most people will make in their lifetime; therefore ensuring that you're making the right decision is key. 

If you've missed Time With Terra Radio Edition on Tuesday, here's a recap!This checklist from Renee Charles - Real Estate Agent - will help ensure you are on the right path to making your purchase is a success! 

The Renting Process in Barbados

Posted on Wed January 27, 2021 | By Terra Caribbean
Barbados is an ideal spot to regroup, reinvent, and soak up some sun. Especially with the Welcome Stamp offering a year’s stay, there’s a lot to value.
Barbados is an ideal spot to regroup, reinvent, and soak up some sun. Especially with the Welcome Stamp offering a year’s stay, there’s a lot to value.

How To Buy A House In Barbados

Posted on Fri January 08, 2021 | By Terra Caribbean
When it comes to making a sound investment in a tropical and paradisiac location, there is much to consider. Read on to understand the housing market value!  

 

Tips on How To Buy Property in Barbados

Posted on Thu December 17, 2020 | By Terra Caribbean

Barbados is the perfect spot to purchase land for investment or build your dream home. Consider some tips on how to buy property in Barbados to get started.

The Welcome Stamp

Posted on Wed November 25, 2020 | By Terra Caribbean

BARBADOS WELCOME STAMP INSIGHTS

The Welcome Stamp was the first digital nomad visa offering qualified individuals and families the opportunity to live and work in Barbados for up to 12 months.

Real Property & Adverse Possession Law | Terra Caribbean

Posted on Thu November 19, 2020 | By Lisanne Graham , Leader - Advisory Services
Structures at Rock Hall, St. Philip

Barbados property owners who don’t regularly inspect their holdings risk claims under adverse possession law. Learn about the risks of allowing squatters here.

Grenada Real Estate Sales Market (Quarter 1 to Quarter 3, 2020)

Posted on Mon November 02, 2020 | By Kareem Adams & Livonne Charles

We have broken down the real estate sales market for Grenada for Q1 - Q3 of 2020 and made comparisons with 2019 sales within the same period to examine the total number and value of sale transactions, sales performance by parish and by prime residential neighborhoods. We have also reviewed number and value of sales by property types and classifications.

Click Here to view full report.

Real Estate Wins from TT Budget 2020

Posted on Mon October 12, 2020 | By Richard Trestrail
Real Estate Wins for T&T Budget 2020

Every year, the population waits anxiously to hear if taxes will increase, the price of food or gas will skyrocket, or the general cost of living will climb. This year was a different one; waiting amid a pandemic, on how the Budget for the next fiscal year would stimulate the suffocating economy. While we have seen continued activity in the residential segment post-lockdown, the Real Estate sector did contract this year. However, we are hopeful that the concessions and tax exemptions across Housing, Construction and Real Estate will jumpstart the sector for the next fiscal year.

Property Spotlight - Maranatha

Posted on Thu October 01, 2020 | By Terra Caribbean

Spacious, Maranatha is a lovely open-plan home in Durants. Perfect for entertaining.

Buyer Behaviour in 2020

Posted on Fri September 25, 2020 | By Terra Caribbean Trinidad
Buyer Behaviour in 2020 2

After many surveys searching for the effect of the pandemic on Work from Home trends, the market outlook, and the real estate sector, we decided to look internally at our post lockdown closed transactions. With nine months of the year effectively gone and the COVID-19 pandemic still an active threat to our economy, we decided to get to the root of buyers’ behaviour at this time to differentiate between normal demand and pandemic demand. Additionally, while the commercial real estate market has seen a downturn, the residential market remained buoyant.

After a quick analysis, we discovered that while 50% of our post lockdown closed transactions (both sales and rentals) were normal demand, the other 50% were decisions, directly or indirectly, influenced by the current situation.

Welcome to Barbados!

Posted on Thu September 17, 2020 | By Annalisa Sealy-Graham, Real Estate Agent

Our Welcome Stamp has answered the call for many people who are willing to take advantage of our ‘Work from Home’ initiative. 

Work From Barbados

Posted on Wed September 09, 2020 | By Terra Caribbean

FIND YOUR ON-ISLAND HOME OFFICE

Looking to relocate to Barbados? With the introduction of the 12 Month Barbados Welcome Stamp, you can work remotely for up to a year in one of our properties. Choose from a wide selection of villas, houses, apartments, and townhouses across the island.

Visit our bespoke website: www.welcomestampbarbados.com

Better Property Pricing in the Barbados Property Market

Posted on Fri September 04, 2020 | By Omar Watson, Real Estate Agent



Understanding the Barbados property market helps you determine a realistic value for your home when selling and a fair price when buying property in Barbados.

12 Month Barbados Welcome Stamp

Posted on Fri August 28, 2020 | By Terra Caribbean

A reputable leader in the market and experts in Barbados long-term rentals, The Terra Group, comprising of Terra Caribbean, Terra Luxury, and Blue Sky Luxury have launched a comprehensive relocation guide suited to non-nationals looking to work remotely for up to a year on island.

How You Can Take Advantage Of The 12 Month Stamp As An Owner

Posted on Thu August 27, 2020 | By Rosey McCartney, Real Estate Agent



Who would have thought that after we were under lockdown conditions during COVID and the world was at a standstill that the Barbadian residential rental market would not only pick back up but propel itself past anyone’s expectations? 

Rethinking The Office

Posted on Thu August 27, 2020 | By Terra Caribbean

WFH SLU

Over the years, there has been a growing global trend towards the Working From Home (WFH) concept. However, to date this trend has not been widely embraced in St. Lucia or the wider Caribbean. Due to Covid-19, at the end of March, 2020 with little to no notice, companies were all thrust into having to mobilize their teams to work remotely. With the phased reopening of Caribbean economies in June, we thought it would be interesting to have a greater understanding of people’s attitudes towards WFH. As such, over 500 office workers were surveyed across the region - Barbados, Grenada, St. Lucia and Trinidad.

Rethinking The Office

Posted on Tue August 04, 2020 | By Terra Caribbean Trinidad
Rethinking The Office, Trinidad

During the Corona Virus (COVID-19) pandemic of early 2020, Trinidad and Tobago was placed on a stay at home order for April and May 2020. Consequently, all businesses except for essential services either closed for the duration of two months or had their staff work remotely. Across the Caribbean, other countries were faced with similar stay at home orders for the months of April and May 2020. With the phased reopening of most countries in June 2020, staff has expressed their willingness to continue working from home.

Therefore, in an effort to understand how working remotely has changed attitudes of office employees, the Terra Caribbean Group built and circulated an attitudes survey to their host countries; Barbados, Grenada, St. Lucia and Trinidad & Tobago.

Click here to view the full report.

Property Feature - Grand View Cliffs 38

Posted on Thu July 30, 2020 | By Terra Caribbean

GRAND VIEW CLIFFS 38

A fantastic 3 bedroom family home offering one of the best views on the island.

The Re-Launch of Primo Bar & Bistro

Posted on Mon July 20, 2020 | By Betty Cathrow, Real Estate Agent

Primo Bistro & Bar reopened this month under new ownership with a fresh vibe.  Set in an iconic location on the ocean’s edge in the calm bay of St. Lawrence Gap, this location has been featured in more magazines and tourist travel blogs than anyone can count.  The combination of serene sea views, delicious and affordable menu, and friendly staff make this new restaurant ideal for casual dining or tapas & cocktails.

Our New Virtual Reality

Posted on Fri July 17, 2020 | By Annalisa Sealy-Graham, Real Estate Agent

On March 28th 2020 we were all given the mandate to stay at home. Many businesses closed their physical doors and opened for business virtually.

ARE THERE DEALS?

Posted on Thu July 16, 2020 | By Leila Maria La Touche

Re-Thinking The Office

Posted on Wed July 08, 2020 | By Terra Caribbean

Rethinking The Office

In June with most of the Caribbean economies reopening for business, we surveyed over 500 office workers across Barbados, Grenada, St. Lucia and Trinidad to better understand attitudes towards Working From Home (WFH).

Water Zones & Development - Tomorrow

Posted on Fri June 26, 2020 | By Lisanne Graham , Leader - Advisory

 

In our last blog, we looked at what the current water zones are across the island, and the restrictions in development as outlined in the Barbados Physical Development Plan (Amended) 2003. The Draft 2017 Physical Development Plan, outlines an update to the Groundwater Protection Act to reflect a refined approach to defining Groundwater Protection Areas and the delineation of new zones of protection.

Tips On Getting A Mortgage

Posted on Tue June 16, 2020 | By Huanna Leon, Real Estate Agent

Our agent, Huanna Leon, shares some tips on getting a mortgage!

Can I still buy?

Posted on Tue June 16, 2020 | By Emma Huston , Real Estate Agent

 CAN YOU STILL BUY PROPERTY?

YES!! We haven’t stopped working for you – we have been working remotely and now are back in the office. We have had to adapt to the new norm but we are excited to still be working with you. Email us, call us or check out our social media pages!

Summer 2020

Posted on Thu June 11, 2020 | By Karyn Fakoory , Real Estate Agent

 

Let’s vacation in paradise – let’s stay home.

Diving into the rental realm during COVID-19

Posted on Thu June 04, 2020 | By Rosey McCartney , Real Estate Agent

How do we breach the conversation on rental rates with our current landlords and tenants?

How has COVID-19 affected Real Estate trends in T&T?

Posted on Fri May 29, 2020 | By Jean-Paul de Meillac

One of the biggest questions we face recently, as a real estate firm is the effect of the two month lock down on the real estate market and how business and prices may change within this new normal. While no one can predict the future of Real Estate in Trinidad and Tobago given this lock down, we have seen unique patterns appear through our data. 

Hunker down in Barbados

Posted on Tue May 26, 2020 | By Annalisa Sealy-Graham, Real Estate Agent

Hunker Down In Barbados

We have all experienced a very interesting period of our existence over the last few months, where we were all required to take residence in our homes for our own protection. As the airlines canceled flights and borders began to close many visitors made a last-minute attempt to cancel their vacation plans to be safe in their own countries of residence.  However, a few choose to ride out the lockdown period here with us in Barbados!

The Hospitality Industry of the Future

Posted on Wed May 20, 2020 | By Lisanne Graham , Leader, Advisory Services

THE HOSPITALITY INDUSTRY

The Hotel School, Cornell SC Johnson College of Business held a webinar with US industry experts to discuss the current state of the hospitality industry and what the future might look like. While the North American and Caribbean Markets differ in their offerings and customer base, Lisanne our Leader of Advisory highlights 5 key takeaways which are also relevant to the Caribbean region.

Factors That Affect Residential Property Values

Posted on Wed May 20, 2020 | By Marissa Justin, Valuer

When it comes to buying or selling a home, there are a few factors that one should always take into consideration as it relates to pricing. The buyer wants a great deal and the seller wants as much as they can get for their property. In the end, both should feel that they got a good and fair deal. To help you (whether you are the buyer or seller or both) make informed decisions and have a realistic approach to the potential current value of a home, we have highlighted some basic characteristics that affect the value of properties.

After The Storm

Posted on Thu May 14, 2020 | By Lisanne Graham , Advisory Services

After The Storm

The COVID 19 global pandemic has had a profound impact on the business environment giving rise to unprecedented consequences. The Prime Minister announced a phased reopening of certain businesses from May 4, but we cannot yet determine when our economy will fully emerge from this crisis, particularly as Barbados still has a few active COVID-19 cases. To successfully navigate the “new normal” will require business leaders to consider a number of things.

Rent Negotiations

Posted on Tue May 12, 2020 | By Leila Maria La Touche
Maria's Blog Post Image

During these challenging and uncertain “covidious” times landlord and tenant negotiations have been at the forefront of many conversations in both the commercial and residential contexts. The reality is at the core of this conversation and negotiation is that these relationships are controlled by landlord and tenant law but flexibility on the part of both landlords and tenants is key to achieving an optimal outcome. Having to wear both hats during this time as well as act as a mediator or middle man in some instances has provided a unique and informed perspective as it relates to the various ways these negotiations can proceed.

Agricultural Lands in Real Estate in Grenada

Posted on Mon May 11, 2020 | By Livonne Charles

As the real estate industry is impacted by the current crisis, and with other sectors of the economy continuing to struggle, several people are starting to pay attention to sustainability, diversity, food security and products we can export. We can all point fingers at who is responsible and what should have been done in the past to boost agriculture, but ‘Hindsight is 20/20’. This simply means that it's easy to know the right thing to do after something has happened. This blog post is not to put blame on anyone; frankly, we should aim to move forward by developing proper plans and solutions.

Water Zones & Development - Today

Posted on Thu May 07, 2020 | By Lisanne Graham , Leader - Advisory Services

Water Zones & Development

Water is vital to everyday living and we are constantly advised to do our best not to pollute our water sources, and ensure we drink as much as we can. But did you also know that water can significantly impact where you can build? Did you know that Barbados has been classified by the UN as the 15th most water-scarce country in the World, or that the majority of water-scarce nations on the UN list are located in the Middle East and the Caribbean? 

How has COVID 19 affected the Real Estate Market so far?

Posted on Thu April 23, 2020 | By Lisa Coyle, Real Estate Agent

How has Covid 19 affected Real Estate?

In a market that has no “playbook”, no “SOP” on how to handle this type of situation, how do you advise your clients?

Property Feature -The Palisades 4A

Posted on Thu April 16, 2020 | By Terra Caribbean

Located on the south coast of the island, just steps away from Freight’s Bay you’ll find The Palisades. An intimate townhouse community surrounded by several amenities. 

Greetings From My Desk

Posted on Wed April 08, 2020 | By Susan Armfield

 Home Office

It’s day 5 of the 24-hr curfew and I feel as though the world is now rotating at a quarter of her normal speed and the stillness all around asks “is creation is holding its breath."

Property Feature - Fairway Gardens 73

Posted on Wed April 01, 2020 | By Terra Caribbean

Tucked away within the quiet neighbourhood of Fairway Gardens, this attractive home is within walking distance to Accra beach and features two apartments which have been recently upgraded. The property can either be used as two separate apartments or as a single dwelling as an internal staircase joins the ground and first floor.

Working from home: How I changed my woes into wins!

Posted on Fri March 27, 2020 | By Andrea Barry
Working from home

Given the current COVID-19 pandemic that has swept across the world and touched down in our sister isle of T&T in the last couple weeks, working from home is no longer the exception but the rule. In the past, as a Terra Caribbean agent, we’ve always had the option to either work via remote access or come into the office and use the space there.

But with current conditions, we were strongly advised to stay home to do our part in flattening the curve. I could use some curve flattening! I welcomed the nearly mandatory work from home directive and thought, this should be fine, a walk in the park. But a week and a half in, this proved not to be exactly so. Here’s how I changed 5 woes into wins that may change my office life forever.

What's Happening in St. Philip

Posted on Fri March 20, 2020 | By Annalisa Sealy-Graham, Real Estate Agent

The Parish of St. Philip or "St. Farlip" as it is affectionately known is the largest and most easterly parish in Barbados. Its main hub is known as Six Roads. This unique hub received its name because six roads extend from the roundabout, making it an easy connection point to Christ Church, St. George and St. John.  Six Roads is a hive of activity offering many amenities such as restaurants, a gas station, a school, Emerald City shopping complex which includes a large supermarket, bank, credit union, post office and a few retail stores. 

Property Tax Valuation

Posted on Wed March 11, 2020 | By Lisanne Graham, Leader - Advisory Services

It’s that time of year again, and I don’t mean Christmas! Land tax bills will soon be issued, and the 2020-2021 year is a revaluation year. What this means, is that the Barbados Revenue Authority (BRA), will have completed their triennial revaluation process and while only the tax rates changed last year, the assessed site value (for vacant properties) or improved value (for built properties), may change on the land tax bills for this year resulting in an increase in tax due. 

Don't do your own Valuation! Here's 5 reasons why.

Posted on Fri March 06, 2020 | By Ross Darlington
Don't do your own Valuation

Your family home, your prized possession, your piece of heaven that may have taken years to complete; but now, for one reason or another, your humble abode is up for sale. Most people have an idea of what their home is worth, however it’s easy for that financial investment to turn into a sentimental dollar value that may differ from what’s actually obtainable on the market. Therefore, before you list your dream home with a wish price, it’s best to consult with a professional who may know a thing or two about the market to advise on the value of your home.

Welcome To Marigot Bay, St. Lucia

Posted on Tue March 03, 2020 | By Gilbert Fontenelle, Real Estate Agent

Newsletter 04
Like many a sailor in years past, here is your opportunity to “discover” Marigot Bay, a picturesque waterside community on our west coast, between the city of Castries and the town of Soufriere. It has been described by the prolific American novelist James A. Michener as “The Most Beautiful Bay in the Caribbean". Marigot Bay holds a certain allure that is unique in the world, with a mixture of lush green mountains, turquoise reefs and beaches, and a choice of varied accommodations.

We Gatherin' Barbados 2020

Posted on Mon March 02, 2020 | By Terra Caribbean

2020 will be one to remember as we launch a year-long campaign celebrating our island, culture and values. Our Prime Minister, the Right Honourable Mia Amor Mottley, Q.C.M.P announced her vision for the all-inclusive Barbadian homecoming last year at the nation’s Independence Day Parade. Inviting all Barbadians, and even those who just adore Barbados to return home and come together participating in activities and rebuilding the nation’s sense of community.

2019 Year in Review

Posted on Wed February 19, 2020 | By Betty Cathrow, Real Estate Agent

I feel like I just witnessed the close of 2019 and yet here I am galloping towards the end of February already. This year has opened with a feeling of optimism. The team is exceptionally busy and we sense a shift in the market. As always, my analytical side wants to know what do the numbers say? Is that gut feeling that things are improving right?

Why List with Terra Caribbean?

Posted on Fri February 14, 2020 | By Omar Watson, Real Estate Agent

Why should you list with Terra Caribbean; a shorter blog would be Why WOULDN’T you list with Terra Caribbean. From an internal perspective knowing what we know of ourselves and others in the market the list of benefits and advantages go on almost indefinitely but for the purpose of this blog and to make sure I do not drag on losing you, the reader, in the melee of proven facts with biased opinion as the icing I will stick to just the Top 3 reasons for consideration.

Insurance Valuations vs. Market Valuations

Posted on Thu February 06, 2020 | By Liam Manning, Real Estate Valuer

 

Key to the approach of any property valuation is to first obtain a clear understanding of the intended use for the report being requested. This is important as the use of the report guides the Valuer in determining which approach(es) should be performed and relied upon when concluding an opinion of value. Most times, a current market value is required, but there are times when a value is requested for other purposes such as obtaining and/or renewing the insurance on a property. The differences between a market value report and an insurance value report are explored below.

 

 

Real Estate/FBI agent

Posted on Tue January 28, 2020 | By Rosey McCartney, Rental Agent

“What do you mean he’s dead?”  I blurted out with the most dumbfounded look on my face.

“Sweet girl, he has been dead for more than 10 years, but his grandson lives in the green chattel house down the gap by the corner that has the empty lot with the black belly sheep”. I sighed and thanked the elderly man but knew that this wild goose chase seemed far from over. Let me explain…

Before You Get A Valuation

Posted on Fri January 24, 2020 | By Lisanne Graham, Leader - Advisory Services

You’ve found your dream property, or parcel of land with spectacular views and now have to source the funds to pay for it. Your Bank advised that you need to get a Market Valuation Report to support your lending application and after deep thought you’ve selected a Valuer from the approved list… so what’s next? After formally engaging the Valuer and arranging for them to get access to the property, providing the following information is very helpful and can reduce the time taken to complete the report and get you a step closer to moving in.

Tips for Sprucing Up Your Home

Posted on Fri January 17, 2020 | By Annalisa Sealy-Graham, Real Estate Agent

Every year, we clean our homes from top to bottom, change curtains and purchase new appliances and furniture, so how can we use these Christmas preparations or our Bajan ‘spring cleaning’ as a way of maintaining our homes yearly?

What is Short, Mid and Long-term Rental?

Posted on Mon January 06, 2020 | By Susan Armfield, Real Estate Agent

When it comes to residential property, what do short, mid and long-term rentals mean and how do they impact rental rates?

Advisory Services - What We Can Do For You

Posted on Tue December 17, 2019 | By Lisanne Graham, Leader - Advisory Services

Property Transactions can be stressful and one of the biggest decisions of your life. If you are looking to buy, sell or lease - whether a residential house or apartment, commercial office, warehouse or retail store - we can help!

Corbyn or the Caribbean?

Posted on Tue December 10, 2019 | By Emma Hutson, Real Estate Agent

Corbyn or the Caribbean? And by Caribbean, I mean Barbados!

With the threat of Corbyn becoming the new Prime Minister for the UK, you may be looking to move assets overseas.

Our Social Experiment

Posted on Fri November 29, 2019 | By Monique Aleong

Our

As we live in the digital age, social media is necessary. Hence, our marketing team dared the entire company to a 10 day social media challenge to encourage the team to make social media a social habit. As Real Estate agents, we're constantly encouraged to use social media to network with our circles as well as advertise ourselves. 

Monique Aleong, Terra agent and social media newbie gives us her take on how she handled this challenge!

The Estates at St. George

Posted on Tue November 26, 2019 | By Andrea Chase, Real Estate Agent

 

 the estate view

If we were to mention the ‘R’ word 10 years ago, most Barbadians would have run for cover.  The thought of retirement (the ‘R’ word) was associated with being on your death bed.  Ten years later and with increased knowledge of life balance and living a more active and healthier lifestyle, the thought of retirement has become a lot more palatable.

Facility Management & Real Estate

Posted on Tue November 26, 2019 | By Dominique Harris, Project Coordinator

Before making my recent transition to Real Estate, I worked as a Facility Manager for eight years. I wondered how my prior experience would benefit my clients, and happy to say I’ve been pleasantly surprised!

Brick by Brick

Posted on Thu November 21, 2019 | By Emma Hutson, Real Estate Agent

You’re buying land to build your dream home… Sounds awesome! But do you know what percentage you can build on or what some of the ‘foreign’ language means? Have I lost you? Keep reading…

What's selling in T&T?

Posted on Tue November 19, 2019 | By Terra Caribbean Trinidad

What's selling in T&T?

In our first edition of The Red Book Trinidad & Tobago 2019, we highlighted in our Residential Sale Insights that demand in the middle to lower Residential Sale segment remained stable over the period 2014 to 2018, while the high-end property segment decreased during the same period.

As we near the end of 2019, we asked the same question “What’s selling this year in T&T?” A closer look at the Residential Sale segment for the first 10 months of this year showed a similar trend in composition and price ranges of residential sales so far.

Why Agents Price the Way They Do

Posted on Wed November 13, 2019 | By Emma Hutson, Real Estate Agent

You call me - your go-to agent at Terra Caribbean - and explain that you’re thinking about listing your property for sale. Eeek! This is an exciting time for you as you anticipate my guided opinion on pricing.

The Roller Coaster of Real Estate

Posted on Thu November 07, 2019 | By Laura Rotchell, Real Estate Agent

Purchasing a home can be exciting yet daunting for most. As agents our ideal is to ensure that wonderous feeling of excitement remains throughout the process, regardless of the hurdles we are sure to encounter along the way - trust me there are always hurdles or as the title would have it loops and turns.

How Can I Become an Agent?

Posted on Wed October 30, 2019 | By Lisa Coyle, Real Estate Agent

When someone asks and they do quite often, I pause and think do they really wish to know the truth the whole truth and nothing but the truth?

You Moved In...Now What?

Posted on Tue October 22, 2019 | By Rosey McCartney, Real Estate Agent

This one goes out especially to my millennial allies who left the fort or to those who are thinking about it… have a read, this might be a useful one for you!

Facility Manager - Project Manager

Posted on Mon October 14, 2019 | By Chris Milward

Facility

Why your facility manager could also be (or perhaps should be) your next project manager.

The Villages at Coverley Then & Now

Posted on Wed October 02, 2019 | By Lisa Coyle

The Villages at Coverly, Barbados was the dream of a committed team that has become a reality. Here, we look back at The Villages at Coverly then and now.

It's Buying Season!

Posted on Fri September 27, 2019 | By Gemma Harrysingh

Buying Season

For first time homeowners, waiting for the right time to buy can be a lesson in patience. Between shopping for the best mortgage rates, scanning social media for affordable homes in the right location and getting all your ducks in a row, the entire task can take a while. But during this buying season before the Christmas holidays, we normally see quick sales occurring and an increase in property transactions. As the old saying goes “strike while the iron is hot.” As real estate agents interacting and transacting with the market every day, we can safely say, now is the time to buy.

Where Digitization and Real Estate Intersect

Posted on Thu September 19, 2019 | By Omar Watson

digitisation

Recently started work with Terra Caribbean, Barbados’ leading Real Estate institution, and being a Business Development professional I am always keen on looking to see where old processes can be refreshed and new ideas injected. Little did I know, and I must say was pleasantly surprised to find out, Real Estate is very much at the forefront of commercial digitization. Who would think that one of the world’s oldest industries would overtake some of the newest industries in the adoption of digitization? In a culture and economy where even our leading financial institutions are playing catch up, Real Estate has already capitalized and is positioned to continue to capitalize on this revolution.

A Review of Real Estate Sales Performance for the 1st Half of 2019

Posted on Wed September 11, 2019 | By Betty Cathrow

graph 11111

People often ask me how the market is performing. Rather than sharing how I think the market is performing, I prefer to share the facts. In this month’s market report, I seek to answer the questions – “Is demand for real estate increasing?”, “Where is the highest demand?” and “What are some of the key trends?”

You Made an Offer, Now What?

Posted on Thu September 05, 2019 | By Annalisa Sealy-Graham, Real Estate Agent

Now What 2

You have found your dream home or plot of land and have advised your agent of the amount you wish to offer. What happens next...? 

Let's Talk About Grand Anse

Posted on Fri August 16, 2019 | By Livonne Charles

Every year for Grenada’s carnival there must be one song that is a hip trend. For 2019 we have the song from Khalifah and Melo ‘Grand Anse, Grand Anse’. To most people the song is catchy and hilarious. In real estate terms ‘Grand Anse, Grand Anse’ is also trending as we see more and more companies in the city, St. George’s, move their offices to or open additional offices in the sub city Grand Anse.

Leasing a commercial space? - Here's what you need to know

Posted on Mon August 12, 2019 | By Dominique Harris

commercial aerial 

If you are interested in leasing commercial space, here’s a smidgen of information to get you started. 

 

Thinking of flying the nest?

Posted on Wed July 31, 2019 | By Emma Hutson

keys

There’s a time in everyone’s life when they take the next step and move out of their home. Are you ready? Here are some aspects you need to consider…

A Review of the Residential Long-Term Rentals Market for 1st Half of 2019

Posted on Thu July 25, 2019 | By Betty Cathrow

graph 1

We are now past the half-year mark for 2019. How did that happen so fast?  I wanted to take a moment to reflect on the last 6-months and share some insights into the residential long-term rental market so far for the year.

The Red Book Trinidad & Tobago 2019 is here!

Posted on Fri July 19, 2019 | By Terra Caribbean Trinidad

We've Launched!

Terra Caribbean Trinidad is proud to launch their first edition of The Red Book Trinidad & Tobago! This launch coincides with the company’s 20 year celebration in Trinidad and 20 years of Knowledge, Experience and Regional Reach.

Borne out of the knowledge culture of the Terra Caribbean Group, the Red Book is a reference guide in each territory of Terra Caribbean - Barbados, Grenada and St. Lucia. As such, Trinidad & Tobago’s first edition includes salient articles and insights on the current property market of T&T in its 128 pages and is the first real estate specific publication of its kind in the country.

Experience Barbados’ Most Popular Season!

Posted on Wed July 10, 2019 | By Terra Caribbean

crop over day

Crop Over is truly sweet fuh days!

For two months - from June to the first week in August - Barbados is the most magical, energetic and friendly place you will ever visit. 

I Lost... But I Learnt

Posted on Thu July 04, 2019 | By Emma Hutson

  

I lost. It’s hard for me to admit that, let alone write an article about it. I’m competitive by nature and I have channeled that through my love for sport and my work. I seek the thrill and adrenaline; challenge excites me, and complacency is boring. Enabling client satisfaction and achieving a new milestone for them, keeps me focused and driven. So, as you can see, I don’t like to fail.

Terra Heart 2019

Posted on Wed June 26, 2019

Terra Heart is a campaign geared towards giving back (whether through voluntary assistance, monetary donations, etc.) to the community. To commence this year’s Terra Heart, we focused on ‘Education.’ 

Click here to view.

The Estates at St George

Posted on Thu June 20, 2019 | By Terra Caribbean

THE ESTATES ENTRANCEW 

The Estates at St. George offers the chance to live life independently in an elegantly appointed apartment situated inside a secure gated community. Surrounded by a wealth of amenities, life at the Estates promises to be active and indulgent.  

Discover St. Philip

Posted on Sun June 16, 2019 | By Sue Armfield

 

THE CRANE BEACH VIEW 

Learn more about life in the parish of St.Philip through the eyes and expertise of our agent Sue Armfield. 

Terra Tip Clip

Posted on Fri June 14, 2019

 

It is our pleasure to welcome you all to the first of many Terra Tip Clips. This series will be dedicated to providing informative and essential tips in the world of real estate.
Click here to view the first episode.

 

 

 

Why Choose Terra Caribbean?

Posted on Thu June 13, 2019 | By Terra Caribbean Trinidad

Jean-Paul de Meillac blog pic

Most people think of Terra Caribbean as just a commercial real estate brokerage firm but we actually do so much more than that. For almost 20 years now, Terra Caribbean Trinidad has facilitated the rental and sale of both commercial and residential properties throughout the country. So why choose Terra Caribbean? Our CEO, Jean-Paul de Meillac tells you why in this episode of Be in the Know! with Terra Caribbean Trinidad. Enjoy!

Land Tax Changes - In Full Effect

Posted on Fri June 07, 2019 | By Terra Caribbean

 taxes

Land tax bills for the 2019-2020 period have now been issued with the implementation of the new rates proposed by the Prime Minister in her March 2019 budget speech. While improved values may not have changed, the tax due may have increased as a result of the change in rates.

Should I Buy or Build my home?

Posted on Wed June 05, 2019 | By Annalisa Sealy-Graham, Real Estate Agent

buy or build

Are you ready to invest in your own little piece of the rock? Our agent, Annalisa Sealy hopes to make the decision of whether to buy or build easier by shedding some light on a few first-timer concerns. 

The Red Book Grenada 2019

Posted on Mon June 03, 2019

Terra Caribbean Grenada, the most well-established real estate provider in Grenada, released its second biennial edition of The Red Book on June 3rd, 2019. This well-received and highly anticipated publication, first published by Terra Caribbean Barbados in 2008, is a comprehensive review of the real estate market, filled with insightful articles for guiding and assisting clients in making informed decisions. The Red Book Grenada 2019 successfully highlights the various real estate infrastructures and opportunities that the Isle of Spice has to offer. Once again, the publication is filled with a variety of property listings including those in Prime Locations, Grenadian Classics, Developments, Vacant Land, and Commercial Sales and Rentals.

Christ Church

Posted on Tue May 21, 2019 | By Emma Hutson

 gone to the beach sap

 Why live in Christ Church? Why wouldn’t you? Christ Church is the parish that has everything! It could be nicknamed the parish that never sleeps as there is always something going on.

Lets Go Green & Save

Posted on Wed May 08, 2019 | By Lisa Coyle

go green with Lisa

Join our agent Lisa Coyle as she pledges to enact easy at home "going green" steps. 

Month End Wrap Up

Posted on Mon May 06, 2019 | By Rachel Edwards

rented beach]

 Our Sales Manager, Rachel Edwards gives you a brief overview of what the month of April looked like for her. 

Terra Caribbean Releases 12th Edition of The Red Book®

Posted on Wed April 24, 2019 | By Terra Caribbean

BLOG RED BOOK IMAGE

Terra Caribbean’s highly anticipated Red Book is filled with insightful, well researched and written pieces from some of the industry’s most reputable practitioners and experts.

The 140-page real estate reference guide is brimming with must-read articles on industry predictions, trends, analyses, along with advice for the investor, homeowner, developer, purchaser, vendor, and even the mere trend watcher.

Oistins for Easter!

Posted on Fri April 12, 2019 | By Terra Caribbean

The southern coast of the island is abuzz with preparation as the 42nd annual Oistins Fish Festival gets ready to kick into high gear. The festival, which predates many Barbadians, first took place in 1977 as a joint effort by the leaders of community groups in the Christ Church area. 

Proposed Land Tax Changes

Posted on Mon April 08, 2019 | By Lisanne Graham

Our Leader of Advisory, Lisanne Graham weighs in on the heavily discussed topic, Land Tax. Read more to find out how these newly proposed implications may impact you.

“I DO”… now what do I do if I want to sell?

Posted on Thu April 04, 2019 | By Betty Cathrow

Betty 5

 In this weeks' edition of "Agent Facts", our Real Estate Agent Betty Cathrow provides the answer to a question she is frequently faced with - “What do I do if I bought a property before I was married, and now want to sell it, but have changed my name?” 

 

Buying or bought a piece of land/property?

Posted on Thu February 14, 2019 | By Andrea Chase

Andrea

Often times when purchasing land or property, there are covenants which are attached to the said land or property.  Covenants are binding legal obligations which are set out in the deed of a property by the vendor. They govern how the land or property can be used. 

What's on your wish list?

Posted on Thu February 14, 2019 | By Terra Caribbean Trinidad

Many people think they KNOW what they want when buying a home… until it’s actually time to decide. What's on your wish list? Let our agent Andrea Barry help you determine what you want in this episode of Be in the Know! with Terra Caribbean Trinidad.

Stay tuned for more Be in the Know!

All Aboard at St. Nicholas Abbey

Posted on Wed February 06, 2019 | By Terra Caribbean

TRAIN

Nestled almost perfectly north-north east along the island’s Atlantic coast, St. Nicholas Abbey has recently heralded some exciting news that has noticeably boosted its ‘must-see’ status.

A Real Estate Minute - Episode 4

Posted on Thu January 31, 2019 | By Terra Caribbean

 BETTY

In Episode 4 of ‘A Real Estate Minute’ our Real Estate Agent Betty Cathrow provides possible solutions to the often-sought-after question “Can I rent this property to cover my running costs.” 

Watch the video to learn more!

Terra Caribbean: 2018 In Review

Posted on Fri January 18, 2019 | By Terra Caribbean

 

Time

 

For 2019, the Terra team has renewed their vow to give continued expert guidance and knowledge to all clients in their real estate endeavors. This keen outlook to 2019 is all thanks to the momentum gathered in 2018.

Click "Reade More" to find out a few of our favourite 2018 moments!

What's your Real Estate Resolution for 2019?

Posted on Tue January 15, 2019 | By Jean-Paul de Meillac

We’re two weeks into the New Year and while we’re still reeling from 2018 and the challenges that came with it, we are hoping for a brighter 2019.

Therefore, we’re urging all our clients and customers to start their property planning now if you haven’t already started. Whether you’re a first time homeowner, putting your house on the market to upgrade or in the commercial market, we advise everyone to have a goal for this year and an action plan to achieve it!

So what’s your Real Estate Resolution for 2019?

A new and hip South Coast experience, Blue Pineapple

Posted on Wed January 09, 2019 | By Terra Caribbean

Located on the Hastings boardwalk, the Blue Pineapple brings a totally different vibe to the South Coast. 

2019: The Year of Real Estate Resolutions

Posted on Wed January 02, 2019 | By Terra Caribbean

Happy New Year one and all!

It’s a new year - and a good year - for considering property prospects in Barbados. As 2018 gives way to 2019, the buyers’ market trend persists, making now the perfect time to sit and work towards your real estate resolution. 

Virgin Holidays Launches Departure Beach

Posted on Mon December 31, 2018 | By Laura Rotchell, Real Estate Agent

Exciting news for British travelers flying with Virgin Holidays to Barbados this winter season!

Virgin, one of the main British holiday- provider’s to the island has decided to pioneer a revolutionary idea. "Departure Beach" as coined by the group is essentially a super-cool Virgin Holidays' lounge but on the beach!

 

A More Appealing Barbados!

Posted on Thu December 27, 2018 | By Emma Hutson, Real Estate Agent

Barbados is looking more inviting than ever for 2019 and with great leadership, we are seeing positive results. 

We Wish You a Canine Christmas!

Posted on Fri December 21, 2018 | By Terra Caribbean

K9 Christmas 2018

Christmas isn’t Christmas without the K9 Friends Barbados Charity Auction! The charity, which is synonymous with the festive season, continues to benefit the island’s furry residents by epitomizing the spirit of the season as locals and visitors patronize in the spirit of giving!

Terra Heart 2018

Posted on Thu December 20, 2018 | By Terra Caribbean

 

Terra Heart is a campaign created by Terra Caribbean Grenada, geared towards giving back (whether through voluntary assistance, monetary donations, etc.) to the community in the various parishes of Grenada, Carriacou & Petite Martinique. We truly believe that our assistance can help motivate and improve the lives of those in need. This Christmas our campaign was dedicated to the Programme for Adolescent Mothers, GSPCA Animal Shelter, The Queen Elizabeth Home for Children and the Grand Anse Home for the Aged.
Click here to view full video.

 

Let's take a look back at 2018

Posted on Wed December 19, 2018 | By Terra Caribbean Trinidad

As we tick down to the last days of 2018, we take a look back at this year in the real estate industry.

This industry has seen spates of profitable periods over the last decade, but has steadily declined from 2016 to today. It is undeniable that while 2017 was a tremor, 2018 was an all-out earthquake, and we’re still feeling the aftershocks.  

With shifts and changes in the macro environment in the past calendar year, the ripple effects cannot be ignored. While we’re hopeful of an upturn in the market in 2019 due to oil exploration and likely reinjection of government spending, we thought we’d analyze the considerable and critical external elements and how they affected the Real Estate industry in 2018.

Adams Castle Estate- Lots in a great area

Posted on Thu December 13, 2018 | By Terra Caribbean

Adams Castle Estate Development

When preparing for your future build, one key factor takes precedence - location. The Adam’s Castle Estate development near Sheraton Mall is certainly one to be considered if central accessibility is high on your priority list.

Great Commercial Office Rental Space in High Demand

Posted on Wed December 05, 2018 | By Laura Rotchell, Real Estate Agent

There is an abundance of choice for businesses looking to rent commercial space these days in Barbados. Although there is a lot of choices, when it comes down to it, clients seem to struggle with finding the perfect office without compromising too much on their ideal requirements.

Happy Independence Barbados!

Posted on Wed November 28, 2018 | By Terra Caribbean

Barbados Independence 2018

What’s your favourite number? Why you might ask? Well this year, Barbados’ favourite number is 52 and here’s why - on November 30, as the clocks strike midnight, Barbados’ 52nd year of Independence will officially begin! This month, the most Barbadian of Barbadian sights, tastes and sounds are on display across the island, culminating with an extravaganza of activities on the last day! Let’s take a look at the day’s events as we invite you to participate in whatever your heart desires!

Lone Star Restaurant, Barbados

Posted on Tue November 13, 2018 | By Emma Hutson, Real Estate Agent

Whether it be dinner for two, cocktails at the bar or a good old Sunday Lunch, Lone Star will never disappoint. It is one of my favourite weekend spots on the West Coast of Barbados to meet friends. Positioned right on the water, I love admiring the stunning scenery – it never gets old. As you arrive, valet parking is offered and walking down the steps into Lone Star you can immediately feel the buzz in the atmosphere. The décor exudes tropical chic. Greeted by the friendly staff you can choose a table in the main restaurant or out on the covered deck, a step away from the white sandy beach.

What's my budget for buying a home? - Be in the Know!

Posted on Mon November 12, 2018 | By Terra Caribbean Trinidad

Terra Caribbean invites you to view our new video series, Be in the Know!, where we discuss information on everything property related. 

Owning your first home comes with so many mixed feelings of excitement, anxiety and uncertainty, that it’s quite easy to forget the smaller but important things. We realized most people are misinformed about the process of buying a property, beginning with the most important factor…the money!

Our agent Sasha Anton breaks down all the cash you need upfront when buying a home in this episode of Be in the Know! with Terra Caribbean Trinidad.

What's the pre-qualification process?

Posted on Mon November 12, 2018 | By Terra Caribbean Trinidad

Aleicia Mendoza - Blog pic

Ever wondered what's this pre-qualification that bankers and mortgage officers speak about?

Our agent Aleicia Mendoza explains the pre-qualification process and the importance of it. Find out more about it in this episode of Be in the Know! with Terra Caribbean Trinidad.

Stay tuned for more Be in the Know!

A Real Estate Minute - Episode 3

Posted on Fri November 09, 2018 | By Terra Caribbean

In Episode 3 of ‘A Real Estate Minute’ our Real Estate Agent Andrea Chase answers her most frequently asked question “I’m ready to purchase a property. What’s my next step?” Join Andrea, a veteran in the Barbados real estate market with over a decade experience in commercial, residential and multi-million dollar development sales! Watch the video to learn more. Look out for more of these videos coming soon!

If you have any questions for our agents, simply let us know!

Living at Ocean Reef

Posted on Tue November 06, 2018 | By Terra Caribbean

Ocean Reef Condominiums, Barbados

One of the latest additions to the kaleidoscope of south coast charm is the Ocean Reef condominium development. Before we get to the amazing things that make Ocean Reef great, let us give you a crash course on all the possibilities and perks that come along with owning a home here.

Introducing Latest Brochure - The Red List

Posted on Wed October 17, 2018 | By Terra Caribbean

We're excited to launch The Red List! This is our latest brochure that showcases key property listings, highlights some of the newest listings to hit the market and provides data on some of the most notable sales that have happened recently.

Food and Rum 2018!

Posted on Tue October 09, 2018 | By Terra Caribbean

This year, the Barbados Tourism Marketing Inc. will stage its prestigious Barbados Food & Rum Festival a month early on October 18 - 21 - a move which has been reportedly received with delight by many who have been unable to participate in the festival in previous years. In addition to the date change, another novelty of this year’s event is its month-long run - yes, the whole month of October will be a celebration of food, with several pop-up events, food truck crawls, restaurant specials on the Dine Around programme as well as many other food festivities.

Choosing Bridgetown for Business

Posted on Fri September 21, 2018 | By Terra Caribbean

Since its establishment in the 1600s, Bridgetown has always been the central business hub of the whole island. While other business districts and estates have joined the island’s landscape over the years, Bridgetown still offers the perfect environment for setting up or relocating your business. From its proximity to the main goods port and varying financial and other services to easy public transport and road access, Bridgetown is without a doubt optimized for business.

Special Development Areas Act

Posted on Fri September 07, 2018 | By Terra Caribbean

The Special Development Areas Act sets out
the designation of special development areas and provides relief for approved developers constructing or improving a building or structure in those areas and to persons financing such work (other than a commercial bank).

A Real Estate Minute - Episode 2

Posted on Fri August 31, 2018 | By Terra Caribbean

 

Join our Real Estate Agent Lisa Coyle in Episode 2 of  ‘A Real Estate Minute’ - as she answers one of the most frequently asked questions from clients: ‘How's the Market?’ Gain more insight on why this is a popular FAQ and get a few tips on property investment. Watch the video to learn more!

Look out for more of these videos coming soon! If you have any questions for our agents, simply let us know!

Drivers of the T&T Commercial Market

Posted on Fri August 24, 2018 | By Terra Caribbean

Trinidad is known as the business hub of the Caribbean, so it’s only natural that we have an extensive commercial market.
This market segment has seen many shifts and movements over the last two decades.

It leads us to question, what exactly are the drivers of this market?

A Real Estate Minute - Episode 1

Posted on Thu August 16, 2018 | By Terra Caribbean

To kick off our new series ‘A Real Estate Minute’ - our agent Susan Armfield answers one of the most asked questions she gets from clients: ‘How do I know how much to offer?’ Watch the video for more insight!

Look out for more of these videos coming soon! If you have any questions for our agents, simply let us know!

Barbados Land Price Index

Posted on Thu July 26, 2018 | By Tarik Browne

 

This year is the third time we have published the Terra Caribbean Land Price Index (TCLPI) and with each iteration, we refine the process for information gathered and add to the volume of information in the analysis set. We continue to operate in a market with imperfection information, and as such, this data that we curate and maintain grows in value with each successive year. It is a live data set with additions constantly being made to the most recent periods as well as to historic periods as new information becomes available.

Time with Terra Episode 2

Posted on Wed July 25, 2018

Welcome to our second episode of Time with Terra; our web series dedicated to keeping you in the know. This episode features Mrs. Renee Charles, our Brokerage Manager, along with two of Grenada’s banking industry experts: Mr. Musa Jasat, Country Manager of the RBTT Bank Grenada Ltd. and Mrs. Florence Williams, Executive Manager-Loans & Credit Administration of the Ariza Credit Union Ltd. Click to view the full episode. 

Land Tax and the Law of Gravity

Posted on Wed July 25, 2018 | By Lisanne Graham, Terra Caribbean

The effect of the global recession on the local market has been significant, characterized by substantial reductions in transaction volume and demonstrably longer exposure periods across all property segments.

South View Open Day!

Posted on Tue July 10, 2018 | By Mikaela Warden, Terra Caribbean

Join us on Saturday, July 14th 2018 from 9am-2pm for an Open Day at South View!

Lets Take A Caribbean View

Posted on Mon July 09, 2018 | By Edward de Mallet Morgan , Terra Caribbean

 

It has been an unusual last few seasons for Barbados and indeed an unusual last few seasons for the wider Caribbean. The world is changing, economies evolve and develop and Barbados has seen a big adjustment.

 

The New Way to Work

Posted on Fri June 29, 2018 | By Rachel Edwards, Terra Caribbean

Workspace is changing. Now more than ever, the demand for flexible and shared office space is on the rise. As of 2017, there were more than 14,000 co-working offices worldwide with 1.2 million people having secured shared office space at some point (2017 Global Co-working Survey).

Sol Rally Barbados 2018

Posted on Fri May 25, 2018

Once again another month in 2018 draws closer to its end but this one is a little different to Motorsport fans. It’s not just the usual end of month. The end of May marks the beginning of Barbados’ premier rally event, Sol Rally Barbados 2018!

Breathing a Sigh of Relief

Posted on Fri May 25, 2018 | By Adrian Richards

Indoor air quality is one of the first attributes noticed by building occupants. Today’s office buildings are predominantly reliant upon a/c systems to satisfy internal temperature requirements. It is therefore imperative that special emphasis be placed on ensuring that these systems are proactively maintained so as to minimize any negative impact on indoor air quality and mitigate against potential adverse

World FM Day! - Enabling Positive Experiences

Posted on Thu May 17, 2018 | By Janelle Chandler

Once a year the global facilities management community comes together to celebrate Facility Management on World FM Day and as the leaders of Facility Management in Barbados, our FM Team celebrated as well.

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.

Barbados Beachfront Property & the High Watermark

Posted on Thu April 26, 2018 | By Lisanne Graham

As a property owner in Barbados, it’s important that you’re aware of Barbados beachfront property and the high watermark. Click here to learn more.

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.

First time buying a home?

Posted on Wed March 21, 2018 | By Jo-Ann Traboulay

Financing? Check.

Down payment? Check.

House?...Not quite.

So, you’ve decided to take this big step to buy a home (and it is a very big step indeed), probably the single largest investment you’ll ever make. Owning your first home comes with so many mixed feelings of excitement, anxiety and uncertainty, that it’s quite easy to forget the smaller but important things.

Hence, we’ve compiled a comprehensive guide to help you along the way, from all the unsaid costs to general tips, from an Agent’s as well as a buyer’s perspective.  

Are you ready to buy your first home?

Time with Terra- Terra Caribbean Grenada

Posted on Fri March 09, 2018

We are proud to announce the release of the first episode of our web series entitled ‘Time with Terra.’ These episodes will be dedicated to providing you with relevant market data, trends, rental and selling tips, and property management and valuation advice. Click to view the full episode. 

Go for Gold This Weekend!

Posted on Wed February 28, 2018 | By Terra Caribbean

The sound of hooves on the turf at the Garrison Savannah are getting closer as the 2018 Sandy Lane Gold Cup is just around the corner! On Saturday March 3, the six-furlong track will see trainers, jockeys and their formidable thoroughbreds from around the world grace its grounds to take the coveted champion’s cup - the Gold Cup - from their local rivals.

Relocating to Barbados? Let us help!

Posted on Wed February 28, 2018 | By Laura Rotchell

Laura Rotchell, Real Estate Agent

Recently, I’d met with a couple that had relocated to Barbados and previously rented with us - an interaction that lead to finding their forever home and created a friendship with them. Therefore, I would like to share Mr. Ye’s story in his own words after becoming the proud owner of Margate.

Deciding on Your New Office Space?

Posted on Thu February 15, 2018 | By Terra Caribbean

One of the best ways to form a lasting impression with your clients and staff is having an office space that reflects all the tenets of your brand. When choosing an office space, many internal and external factors arise, but in the case of a business that has outgrown its old home, the new space must be an obvious improvement. So, in addition to finalizing the moving contract and doing an assets inventory, the following points must also be hashed out to ensure the perfect fit.

Status Complete - The St. James!

Posted on Fri February 02, 2018

The luxury condos at The St. James are now complete! Have a first look at the newest beach side addition on the platinum coast of Barbados. 2 sold, 2 remaining: The Villa and Unit 102.

Why An Agent is Your Best Ally

Posted on Thu February 01, 2018 | By Terra Caribbean

There aren’t many things that can trump the internet, but within the real estate industry, our agents are the true champions.

The Internet has revolutionized the way in which information is brokered, and homeowners rely on various websites to guide them on their property-related journeys. But, it is a proven fact that although these options are right at our fingertips, the knowledge and expertise of a team of agents can never be supplemented.

What can $2m buy today? January 2018

Posted on Tue January 23, 2018 | By Terra Caribbean
House and money

This time last year, with a declining economy, we examined what $2m bought for the years 2007 to 2016.

As 2017 progressed, with a further contracting economy and a minor but impactful depreciation of the TT dollar, we look back at how these radical changes affected the Residential Sale market, with a snapshot of What $2m can buy today in different parts of the country.

What can $2m buy today? January 2017

Posted on Mon January 22, 2018 | By Terra Caribbean

With a New Year ahead, a slower market than 2016 and a depreciating currency, many of our clients ask us:
What can money buy these days? 
 
To truly understand the buying power of $2m today and the time value of money, we first reviewed what $2m bought in past years. In our realistic analysis, we took into consideration, location and condition of these listings, our fluctuating inflation rate and stayed within a range of $1.8m to $2m.

Looking for a place to call home?

Posted on Fri January 19, 2018 | By Terra Caribbean

Join our Real Estate Agents Lisa Coyle and Emma Hutson on CBC TV’s Property Matters as they give you a guided tour at Les Fleurs Morning Glory, Fort George Heights No 17 and Moonshine 303. The agents join host Cassandra Samuel for a lovely inside view of these affordable properties for sale in Barbados. View the full tour here.

Why do people move to Barbados?

Posted on Tue January 16, 2018 | By Emma Hutson, Real Estate Agent

Emma Hutson, Real Estate Agent

Barbados… the most Easterly gem in the Caribbean Sea, 30’C all year round and over 70 miles of white, sandy beaches. Why wouldn’t you move? Beats rainy city life! 166 square miles of paradise… you can enjoy the hustle and bustle in Bridgetown, surf at Freights Bay, hike the East Coast or enjoy a rum punch watching the sunset on the West Coast. 

Dining in Barbados is a MUST in 2018!

Posted on Thu January 11, 2018 | By Terra Luxury

 

There is never a dull moment when it comes to dining in Barbados. With a diverse offering of restaurants that rivals the allure of its gorgeous beaches, introducing Barbados as the culinary capital of the Caribbean is no understatement. The island is home to a plethora of culinary experiences that are steeped in a blended heritage with a dash of international decadence, and the foodie paradise continues to raise the bar every year! From colourful cocktails to five courses of pure ambrosia, there is always something new instore for food lovers in Barbados.

Read more on our Terra Luxury blog here

Creating Office Environments to Attract Tenants

Posted on Thu January 04, 2018 | By Janelle Chandler, Assistant Manager

Janelle Chandler, Assistant Manager Bsc Eng. MSc FM

 In today’s tough economic times many companies have sought to reduce their footprint by optimizing their operations. This has subsequently reduced the demand for commercial office space across the island.

As a result, landlords are now forced to think outside the box and revamp their offering to attract the budget conscious, modern day commercial tenant who is looking for value for money when selecting their ideal office environment.

Always wanted to live in St. Philip?

Posted on Fri December 15, 2017 | By Terra Caribbean

Our team was happy to work with the Caribbean Broadcasting Corporation on their new show ‘Property Matters’. Click to take a walk through some great St. Philip properties with our agents Annalisa and Sue!

 

Homes for a New Generation

Posted on Thu December 14, 2017 | By Laura Rotchell, Real Estate Agent

Laura Rotchell, Real Estate Agent

Typically, young professionals are looking for a well-maintained property, with lots of entertaining and/or outdoor space. They’re also looking for amenities, such as a pool, and somewhere located within walking distance of the beach and public transport. They prefer being part of a gated community or with close, neighbouring properties.  The location proves to be almost just as important as the property itself, ideally positioned where all the action is happening, either on the south or west coast of Barbados.

Barbados’ Best Bites!

Posted on Wed November 29, 2017 | By Terra Carribbean

Considered the culinary capital of the Caribbean, Barbados offers a fixed menu of international cuisine, local delicacies and quite frequently, a gorgeous medley of both. Now, as we prepare to celebrate Independence, the traditional dishes and their bold flavours come to the fore, and finally locals - both at home and abroad - as well as all lovers of Barbados can finally have their yearly cravings satisfied! So, celebrate this Independence by indulging in our top favourite dishes that truly embody the tastes of Barbados!

Aerial Tour of Wildey Commercial Estate

Posted on Mon November 20, 2017

Fully Functional warehouse and office space for use today!

 

Are you Ready for Run Barbados 2017?

Posted on Thu November 16, 2017 | By Terra Caribbean

December in Barbados will open with the exciting Run Barbados Marathon Weekend - the Caribbean’s most highly anticipated road race event that is an annual staple with the local, regional and international road racing fraternity. This decades'-old running tradition has grown exponentially over the years, and is now in its 34th year, promises to be even more exciting than ever.

Homes with Unique Extras

Posted on Thu November 16, 2017 | By Toni Jones, Real Estate Agent

 

Toni Jones, Real Estate Agent

When faced with the choice of deciding amongst properties, prospective homeowners usually ask: 'what makes this home unique?' Our agent Toni Jones has tasked herself with answering this question by highlighting some of our top listings with signature styles. Let us know how you feel about these unique features!

In the Market for a Great Land Lot?

Posted on Tue November 07, 2017 | By Terra Caribbean

The best way to achieve the perfect home is to build it. This provides a blank canvas to achieve your personal blend of fine details that you may sacrifice when considering an existing home. But in addition to creating your perfectly customised kitchen or one-of-a-kind wrap-around staircase, there is also the step of deciding on the perfect plot to complete your building story.

Are businesses moving out of Port of Spain?

Posted on Tue November 07, 2017 | By Terra Caribbean

While Port of Spain is the business centre for much of the country and is an important financial services hub for the Caribbean, the commercial density has resulted in challenges in parking, traffic and office space availability.

Consequently, the traffic challenges and overpopulation in the Central Business District of Port of Spain have driven some organizations, local and international, to consolidate their offices from around the country to one of the developing commercial hubs/districts.

Could You Be Our Missing Link?

Posted on Wed November 01, 2017 | By Terra Caribbean

Terra Caribbean now has four offices operating across the region. We are looking for an energetic and enthusiastic individual to strengthen the bond between the offices in St. Lucia, Grenada, Barbados and Trinidad in the capacity of Regional Coordinator.

 

 

November + Barbados: A Festival for Foodies

Posted on Wed November 01, 2017 | By Terra Caribbean

It will be culinary Christmas for all local and visiting foodies this November when the sights, sounds, tastes and aromas of the Barbados Food & Rum Festival fill the air!

What exactly is the BRA tax and how do I ensure it does not hold up the sale of my home

Posted on Wed November 01, 2017 | By Lisa Coyle

Lisa Coyle, Real Estate Agent

The only thing that is constant in life is change and the Real Estate industry is not foreign to this concept.

 

Land Tax Bills - What's New?

Posted on Fri October 13, 2017 | By Advisory Team

You may have recently received your land tax bill(s) for the 2017-2018 financial year and noted some changes:

Firstly, the bill looks a little different as it is now a combination of the former Property Valuation Notice, and the previous Land Tax Bill. The new document includes the owner information, details on the property which was valued, the site value and the improved value of the property. It also displays billing information such as the tax due, the discounted amount and the discount deadline dates. The back of the documents contains guidance on the process for filing an objection and how payments can be made.

 

A Growing Central Business District

Posted on Thu October 05, 2017 | By Terra Carribbean

Over the course of the last 10 years, the development and growth of Warrens as a Central Business District (CBD) has been substantial. Now in 2017, this area which was originally cane fields before the construction of the ABC Highway is now one of the island’s largest CBDs .

The Red Book Grenada 2017

Posted on Mon October 02, 2017
The Red Book Launch

Terra Caribbean Grenada has proudly released its first edition of The Red Book. Backed by a talented team of individuals from both the Grenada and Barbados offices, The Red Book Grenada 2017 successfully highlights the various real estate infrastructures and opportunities that the isle of spice has to offer, along with articles written by experts in different fields such as real estate, investment corporations, insurance, financial services, statutory and government establishments. 

Investor Attitudes Survey 2017

Posted on Thu September 28, 2017 | By Terra Caribbean

 Investor Attitudes Survey 2017 Intro Image

With all the noise in the market, from BREXIT to the recent budget and NSRL to elections on the horizon, we thought this would be an opportune time to look at investor attitudes and the general Barbados market sentiment.

We sent a short questionnaire to a number of corporate/investor clients to gather their views on a few specific areas of the market. The results were notable and offer some interesting insights into the investors’ mindset in 2017.

Buying Property in Barbados

Posted on Wed September 20, 2017 | By Terra Caribbean

 Buying Property in Barbados

Below is a guide to buying, selling and owning property in Barbados. There are no restrictions on the purchase of property in Barbados by persons who are non-nationals or permanent residents. There are no capital gains or inheritance taxes in Barbados.

 

Are we hurricane ready?

Posted on Fri September 15, 2017 | By Terra Caribbean,
Are we hurricane ready?

Despite the old Trini colloquialism of “God is a Trini”, this year’s ongoing hurricane season, violent and tumultuous at best, has caused concern even in us laidback Trinis. With recent Hurricane Irma, ripping through countries of the Leeward Islands and South Florida and leaving death and millions of dollars of destruction in her wake, we ask ourselves, “Is T&T Hurricane ready?”

Commercial Property Hurricane Preparedness Tips

Posted on Wed September 13, 2017 | By Terra Caribbean

As the hurricane season falls between June and November, we’ve compiled some easy to read tips from our expert Facility Managers to ensure your commercial property is well-prepared. These tips are extremely helpful in securing your commercial property in the event of adverse weather conditions. Our Facility Managers not only focus on preparedness but also provide tips on what to do during the hurricane and in the aftermath.

Property Valuation 101

Posted on Fri September 08, 2017 | By Lisanne Graham , Leader - Advisory Services

Lisanne Graham

So, you want to purchase a property and have been advised to request a Market Valuation report. Your report has arrived, but how was the Market Value derived? In this blog we will first define Market Value, and then walk you through the main methodologies/ approaches for valuing real estate, to give you some insight into the process.

What You Need to Know When Buying a Condo

Posted on Wed September 06, 2017 | By Karyn Fakoory, Real Estate Agent

Interested in buying a condo? We have pulled together some useful information on what you need to know before you buy. These are the questions to ask yourself so that you and your agent can select the best options in your search for the perfect condo.

Settle in St. Philip

Posted on Mon August 21, 2017 | By Terra Caribbean

In our last edition of The Red Book, we acknowledged the fact that the rural landscape of the island has now become the focus for local and overseas investors - and the most noticeable case of this is the parish of St. Philip. Now, the quiet, south-eastern countryside of Barbados is beaconing with residential and other developmental opportunities, positioning it firmly as one of the most desirable parishes to live in on the island.

The Grove - It Really Does Feel Like Home!

Posted on Wed August 09, 2017 | By Andrea Chase

My name is Andrea Chase and I am the lead agent for The Grove development. Officially launched mid last year, The Grove land development has proven to be a success story having sold approximately half of the 158 lots to date. 

Commercial Rental Rates over the years

Posted on Tue August 08, 2017 | By Terra Caribbean
Commercial Rental Rates

Terra Caribbean Trinidad has collated data from over forty buildings and produced the Commercial Rental Rate Study for ten years, 2007 – 2017. 

In 3 short years, 2014 to now, the commercial office rental real estate market has taken a steep nosedive into near stagnation. Within the last two years (2015-2017), as large corporations of the petrochemical industry have downsized operations globally, as well as in Trinidad, in response to a worldwide decrease in the demand for oil and by-products of oil, space in A Class and B Class commercial buildings have become available, resulting in a vacancy rate of approximately 20% - 25% in the private office rental market. 

Introducing the Country Club Cottages

Posted on Thu July 27, 2017 | By Terra Caribbean

Managing Director at Apes Hill, Donovan Bagwell, recently sat down with the Terra Luxury team to give an update and some insight into one of the most prestigious communities on the island.

Our 6 Hottest New Listings

Posted on Mon July 03, 2017 | By Terra Caribbean

Looking for a great new home or the perfect spot to build your family home? Our agents are ready and able to match you with the perfect property!

Real Estate in the Information Age

Posted on Fri June 23, 2017 | By Terra Caribbean

 

In just a couple short decades, technology has changed the landscape of real estate, both locally and internationally. In Trinidad and Tobago, with over 900 active real estate agents or agencies, the business of real estate is no longer dictated by a rolodex and a phone, or a FOR SALE sign and a classified ad. The advent of expansive websites, social media, and instant messaging apps has transformed the speed and accessibility of information for end-users - the buyers and sellers that generate this market. The industry has matured and is now a grown adult in the T&T economy.

We Know Trinidad and We Know Golf!

Posted on Fri June 23, 2017 | By Terra Caribbean

Terra Caribbean Trinidad was a proud sponsor of the Queen's Park Cricket Club's Members Golf Tournament 2017. This tournament which is held at the St. Andrew's Golf Club in Moka, Maraval is a staple on the Terra Caribbean Trinidad calendar every year. 

Terra Teams Conquer Rally Barbados 2017

Posted on Tue June 20, 2017 | By Terra Caribbean

And it’s a wrap! Rally Barbados 2017 was truly action packed and all the rally teams showed true grit!

With another exciting year of pulsating action and a growing number of international competitors, the 2017 versions of the island’s most anticipated motorsports event kicked off from the weekend of May 28 through to the weekend of June 2, taking competitors and spectators to several exciting stages across the landscape.

Now is the Time to Buy!

Posted on Tue June 13, 2017 | By Susan Armfield

Here’s to a great June and start of the second quarter of 2017!

Fashions change, but principles tend not to, so a man/woman’s home is still their Castle.

Most of us do not have enough savings or collateral to qualify for a mortgage or land loan before we are in our late 20’s or later.

New to Market! Ocean Reef Condos!

Posted on Thu June 01, 2017 | By Terra Caribbean

We're excited to announce the release of a selection of condos for sale at the Ocean Reef development in Worthing. The five-storey development offers the most stunning views of Worthing Bay, private access to Sandy Beach and an excellent location near St. Lawrence Gap.

The Crossings - Where you want to be...

Posted on Wed May 31, 2017 | By Terra Caribbean
The Crossings front pic

Located in the expansive neighbourhood of Santa Rosa, Arima, Phase 3 of Bhagwansingh’s at The Crossings is a welcome respite for young professionals, their families and investors alike.

The Real First Step to Purchasing a Home

Posted on Tue May 23, 2017 | By Lisa Coyle

Going the financing route for your property purchase? Ensure you take this necessary first step…

So you’ve made the decision to buy your first home, apartment or piece of land to build your dream home. You see the advertisements offering various mortgage options with low interest rates, so it’s a logical decision – time to buy.

Introducing Pollards Mill

Posted on Tue May 23, 2017 | By Terra Caribbean

The epitome of country living is summed up at the 2-plus acre gem Pollards Mill. This stately property dates to the 18th-century, and includes a main dwelling, a cottage and villa, as well as beautiful gardens that double as the perfect venue for tying the knot!

Join Us at the Republic Bank Mortgage Fair!

Posted on Fri May 12, 2017 | By Terra Caribbean

 

So you've decided that 2017 will be the year you purchase your very first home or piece of land to build your dream home but you aren't sure about financing nor the process for purchasing property. Come take advantage of some expert advice from Republic Bank and our experienced Real Estate agents this Saturday at the Republic Bank Mortgage Fair!

Rental Property Standards

Posted on Tue May 02, 2017 | By Terra Caribbean

Making a property ready for the rental market is largely straightforward, the property must be clean, well maintained and ideally in a desirable area. Clients in the corporate rental sector are often diplomats or workers in the international business corporations and have housing included in their employment package. These requirements while not essential for the general rental market may be necessary for a property to be considered suitable for some of these clients. Some examples of common requirements can be seen below.

Regulated by RICS

Posted on Tue March 28, 2017 | By Lisanne Graham

Ownership of property, whether as an investment or for occupation, is nothing to take lightly. When making the step towards such a purchase, one of the first things typically done is to obtain a valuation of the property.  For peace of mind and protection, every buyer should ensure they select a qualified Valuer from a Firm “Regulated by the RICS”.

Andrew Mallalieu: A Life of Real Estate and Formula 1

Posted on Mon March 27, 2017 | By Terra Caribbean

 

Andrew Mallalieu is a man of many facets. Locally, his face and name are pegged to the role of Chief Executive of real estate conglomerate The Terra Group, but it is his lesser known title that resonates across one of the biggest global sporting fraternities...

Build the home you want at The Grove!

Posted on Mon March 20, 2017 | By Gemma Holder

The Grove is a cleverly master-planned land development with convenient access to all of the amenities on the South Coast. With land lots averaging 5,700 sq. ft and starting at just BDS$750* per month.

 

Terra Caribbean stands in solidarity with AREA and the FIU to Fight against Money Laundering

Posted on Thu February 16, 2017 | By Terra Caribbean
(left to right) AREA President, Sally Singh chat with Jean-Paul de Meillac of Terra Caribbean Trinidad, the Hon. Attorney General Mr. Faris Al-Rawi, Jo-Ann Traboulay and Jean de Meillac of Terra Caribbean

The Association of Real Estate Agents (AREA) hosted a Media Conference on Tuesday, 14th February, 2017 with the theme “AREA Supports the Fight Against Money Laundering and Financing Terrorism”. at The Government Campus Plaza Auditorium, Port of Spain.

We're now Live! - Terra Caribbean Trinidad launches new website at Buzz Bar

Posted on Tue February 14, 2017 | By Terra Caribbean

In the height of the Carnival 2017 season, Terra Caribbean Trinidad launched the new website at Buzz Bar, One Woodbrook Place on Thursday 9th February. The first launch of Terra Caribbean’s new website, a cocktail event, was held at Apes Hill Country Club, Barbados on Thursday December 15, 2016 and was a huge success.

 

TERRA CARIBBEAN RELEASES 10th ANNIVERSARY EDITION OF THE RED BOOK ®

Posted on Thu January 19, 2017 | By Gemma Holder - Brand Manager

50 Years On

Posted on Wed January 18, 2017 | By Andrew Mallalieu, CPA, MRICS, CEO

As we publish this 10th edition we cannot ignore that it falls at a time in the 50th year of independence of our small island state.  As a nation we have all been struggling to focus on what we can be proud of when there is so much that is not meeting the high standards that we set for ourselves 50 years ago.  From a real estate perspective I choose to focus on the words and meaning in the the chorus of our national anthem:

A Night to Remember - Terra Caribbean Web Launch

Posted on Wed December 21, 2016 | By Terra Caribbean

Thursday December 15 was a night to remember for the Terra Caribbean team: the venue, the newly finished and amazingly stunning Apes Hill Club House; the occasion, a cocktail reception officially launching our new Terra Caribbean website.

Location, Location, Location

Posted on Wed December 21, 2016
The location of a property is of utmost importance in real estate as it assists with the determination of various factors, such as the number of sale transactions the location can generate. 

Come Join Us at The Grove Open Day!

Posted on Wed November 16, 2016 | By Gemma Holder

This Independence, create your own milestone by owning a piece of the rock! Join us at The Grove Open Day this Saturday November 19th from 9am-2pm to reserve your very own land lot with an extra special financing offer from Scotia Bank!

 

 

Surf Tourism on the Rise

Posted on Fri November 04, 2016 | By Terra Caribbean

 

Barbados is a special place for surf, and we have seen an increase in surf tourism and the demand for holiday rental properties that are close to surf breaks. Even the most recent WSL World Champion Jon Florence, and surfing legend Kelly Slater have visited and spoken highly of surfing in Barbados. So, there is no better month than Barbados’ independence month to embrace the Independence Pro.

The NRA Launch Cocktail

Posted on Fri September 30, 2016
Terra Team & Guests

The National Realtors Association of Grenada hosted a launch cocktail for their members and specially invited guests. This event created a favourable atmosphere for networking and socializing.

Introducing The Grove Development!

Posted on Thu September 29, 2016 | By Terra Caribbean

The old Barbadian adage ‘owning a piece of the rock’ is as relevant today as it has ever been. Developments such as The Grove ensure that Barbadians have the chance to keep the tradition alive, while enjoying peace of mind knowing that they have secured a sound, lucrative investment.

The Reality of Investing in Land

Posted on Fri September 16, 2016 | By Susan Armfield, Real Estate Agent - Terra Caribbean

Barbados’ economic stability, plus a growing and constant demand, makes land one of the most sound investments on the island.  This is even more pertinent given the depressed present state of the industry, where land prices have declined over the past six years and the prospect for good appreciation is at last in sight. This has re-kindled buyers’ interest and has given trend followers good reason to anticipate significant land value appreciation in the coming four-to-six years. Such appreciation will likely outstrip interest on most other available investment options. But, before making the final decision on a land investment, it is crucial to have an overall appreciation of the market, and be acquainted with the benefits of investing in our ‘Rock’.

Introducing Cocktail Kitchen

Posted on Fri September 16, 2016 | By Terra Caribbean

St. Lawrence Gap is renewing its cool, trendy status one hot spot at a time!  Right now, perched on the corner of the liveliest gap in the south is Cocktail Kitchen, the latest addition to the menu of Gap restaurants and bars.

Why Invest in Beachfront Property?

Posted on Fri August 26, 2016 | By Rachel Edwards, Sales Manager - Terra Luxury

The allure of the beachfront holiday rentals is unmistakable, and its sustained - and growing - demand is widely credited for the success of Airbnb as well as continued big business for Terra Group’s Blue Sky Luxury arm. Prospective owners looking to invest in a holiday rental in Barbados are faced with options ranging from inland hideaways to stately homes and bold, modern villas. In reality, the determining factor sometimes comes down to basic personal preference, but on an island nation like Barbados, the experience of seaside living is the proverbial jewel in the crown. To sway this argument in favour of a rental on the beach even more, here are three reasons to keep in mind when looking to invest in a holiday rental property.

The Value of a Valuation

Posted on Wed July 27, 2016 | By Terra Caribbean

Over the past five decades, Barbados has offered investors a climate of steady appreciation on property values thanks to a resilient economic standing. This steady appreciation, doubled with economic factors, saw land values in some areas of the island go from $0.12 per square foot to $100 per square foot in more recent times. For several investors, this value served as a direct reflection of physical and perceived value of their investment, and would be made official through a solid valuation provided by a qualified, trusted valuer.

Barbados’ Tourism Resurgence

Posted on Wed July 27, 2016 | By Terra Caribbean

Barbados’ most intricate sector is its tourism industry, and for property investors, this offers an attractive holiday rentals market. It encompasses several sub-sectors which feed what is considered the foremost driver of the island’s economy.

Changing Times In the Commercial Rental Market

Posted on Thu July 14, 2016 | By Lisa Coyle, Real Estate Agent

Whether you are an entrepreneur, businessman or woman, attorney, doctor, restaurateur, barber or retailer, at some point you will need commercial space. This space has to first suit your budget and it also has to be the ideal location for your clients. Typically, your choice of commercial space will fall under the general term of either A, B or C class rental space. A class - being the most prestigious premier office space with rents at the top end of the scale. Whilst, B & C spaces compete for a wide range of users with rents in the middle to lower end of the spectrum.

Shaking Up Thursday Night at Primo Bar & Bistro

Posted on Wed June 01, 2016 | By Terra Caribbean

If you haven’t had the chance to dine at Primo, the new culinary hotspot on the South Coast of Barbados, it’s a must. Tucked away in a secluded beachfront location just as you enter the St-Lawrence Gap, this two-level restaurant not only serves up some sumptuous meals, but also delivers on those must-capture sunset views. But don’t just expect to snap beautiful pics over a delicious meal. Primo is the latest venture for the owners of Cin Cin located on the West Coast of Barbados, so here’s the best spoiler alert you’ll ever get: it’s a completely luxurious experience from start to finish.

The Grove - A development that feels like home!

Posted on Fri April 29, 2016 | By Gemma Holder

NEW LAND DEVELOPMENT! JUST RELEASED!

 

Don't delay your plans to build your dream home any longer! With a welcoming countryside feel and convenient access to the bustling South Coast, this development is perfect for busy professionals, young couples or growing families.

Terra Caribbean Releases Ninth Edition of The Red Book!

Posted on Tue April 05, 2016 | By Gemma Holder

BARBADOS (April 5, 2016) – The Terra Group of Companies, a well-established and reputable real estate leader in Barbados and the Eastern Caribbean 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 2016â.  This year’s release marks the ninth edition of the Red Bookâ, which features a revamped internal layout focusing on detailed insights for each segment of the real estate market in Barbados.

First Impressions Do Count!

Posted on Thu August 13, 2015 | By Patrice Gill

First Impressions Count!

 

 

 

You never get a second chance at a first impression. This saying is true whether we are meeting someone for the first time or when showing a property to a potential tenant.  Whether the tenant walks away with a decision already made that ‘this home isn’t for me’ or ‘maybe I’ll shortlist this one’, is entirely based on the impact of the first viewing.

Summary of the Budgetary Proposals Relating to Land Tax

Posted on Tue July 07, 2015 | By Knowledge Department

The recent budgetary proposals tabled by the Minister of Finance the Hon. Chris Sinckler, included a number of amendments to the land tax rates for all categories of properties. The amendments included a reduction in the residential value bands and an increase in the non-residential and unimproved land rates.

Relocating to Barbados? Our Agents Can Find You A Home!

Posted on Fri June 05, 2015 | By Marketing Department

Our knowledgeable Real Estate Agents can help you today!

Corporate Rental experts Jeanie Mahon and Patrice Gill answer some vital questions for this key segment of the real estate market. Some of this information can be found in the Corporate Rentals E-book and right here on our blog.

Plantations 101 - A Brief History

Posted on Thu April 23, 2015 | By Hayden Hutton

The six-year period leading up to the peak of the market in 2006 is widely regarded as a period of unprecedented growth in the Barbados market. This boom period saw compound annual growth in some market segments of 12% and staggering prices being achieved for property in some areas of the West Coast. The reality is that this growth cycle paled in comparison with the island’s first property boom, which occurred much earlier in our history.

The Red Book Welcome 2015

Posted on Thu March 12, 2015 | By Andrew Mallalieu

Why do we publish The Red Book? The truth is that we think it is a showcase for our culture. Specifically our culture of knowledge. All firms have a DNA and ours certainly is a strong mix of knowledge, innovation, integrity, excellence, caring and fun. Let’s not forget fun. We like our clients, we like what we do, and we have a great deal of fun doing it – sometimes too much! 

What Factors Determine The Value Of Your Property?

Posted on Wed March 04, 2015 | By Annalisa Sealy-Graham, Real Estate Agent

Annalisa is one of our savvy Real Estate Agents

"Market conditions are key in determining value. To a large extent, the value of the home is currently driven by what the average purchaser is willing to pay for a property, rather than what we would consider a ‘bricks and mortar’ or replacement cost value."

-Annalisa Sealy, Real Estate Agent

Open House at South View!

Posted on Wed February 04, 2015 | By Gemma Holder

You are invited to an Open House at South View, this Saturday, February 7th from 10 a.m. -  2 p.m. This is your opportunity to get a guided tour of the development, including the individual land lots available for sale and the modern, well-designed South View 222!

 

What A Client Wants: Trends In Commercial Space Leasing

Posted on Thu January 29, 2015 | By Sue Armfield

Sue's one of Terra Caribbean's knowledgeable Agents

Sue Armfield - Real Estate Agent

"With the start of a fresh new year, it’s a good time to take a holistic look at the changing demands and trends in office leasing - in order to plan and to budget more effectively, to make adjustments where indicated and, to generate prosperity for landlords, developers, tenants and agents alike."

Home Improvements - Worth it or Not?

Posted on Thu November 27, 2014 | By Karyn Fakoory

Karyn Fakoory - Real Estate Agent

"Making improvements come with the territory of owning a home. Whether this is done for the homeowner’s benefit, or for a return on investment of the improvement when preparing to sell the property, sometimes a little bit can go a long way. And sometimes it does not."