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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.

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.

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’.

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!

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?

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. 

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.

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.

 

 

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.

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?

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. 

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. 

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.

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 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. 

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!

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.

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.

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

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.

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.

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. 

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!

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.

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!

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 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.

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.

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.

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.

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! 

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!