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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.

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.

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.

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.

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.

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.

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!

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.

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.

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.

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.

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.

 

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.

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.

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.

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.

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.

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.

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.

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? 

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.

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.

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.

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.

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.

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? 

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. 

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?

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.

 

 

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.

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.

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. 

 

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.

Head South in 2019

Posted on Thu January 24, 2019 | By Terra Caribbean

sc views

The South Coast of Barbados is now more appealing than ever. Click "Read More" to find you why!

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!

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!

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.

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!

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.

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!

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!

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.

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.

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.

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.

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.

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.

 

 

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.

 

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. 

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!

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.

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 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!

 

 

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’.

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.

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.

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."

Red Book Welcome 2014

Posted on Fri May 09, 2014 | By Andrew Mallalieu

It’s seven year itch time!  Yes, this is the seventh edition of The Red Book.  The challenge each year is to make it better, and by ‘better’ we mean more relevant to you the reader.  This year we have added more statistics, more professional articles and we have even done some “ancient history” research with Hayden interviewing the two agents responsible for the sales at Sandy Lane Estate in the 1960s.  I think you will find that article both informative and entertaining.