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Barbados Real Estate
On Barbados, The Central Bank of Barbados must grant permission to any non-Barbados resident who wishes to buy property on the island. An off-shore bank can approve a mortgage for a property on Barbados, and it is best to have your financing secured before you enter into a binding agreement. The buyer must employ a licensed Barbados attorney to search the register of title to establish title to the property before the sale takes place. The buyer and seller sign a binding contract, and the seller's agent holds the 10% deposit until the sale is completed. When the transaction is complete, the balance of the purchase price is paid and the buyer takes title to the property.

Most non-Barbados residents purchase the property through a company that is must be registered to do business in Barbados, but can be incorporated outside Barbados. The seller pays the stamp tax and transfer tax. The buyer must pay his own legal fees, which range from 1.5% to 2%. The annual land tax ranges from 0.2% for properties under $350,000; to 0.7% for properties between $350,000 to $700,000, and 1% for properties over $850,000. Property owners who plan to rent their proporty must apply 7.5%VAT tax to the rent they collect.

The above was quoted from our feature article on Caribbean Real Estate.

Please fill out the real estate request form below and we will forward the request to qualified real estate agents located in Barbados that can assist you in locating property that fits your needs.
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Alleyne Real Estate
Alleyne Real Estate is a family owned and operated company that specializes in property sales, long-term rentals, property management and holiday villa rentals on the island of Barbados...
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Altman Real Estate
With over 40 years specializing in the Real Estate market in Barbados, Alleyne Real Estate is well equipped to find you your perfect ‘home away from home’ whether it be a luxury holiday home
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ASK Real Estate and Financial Services
ASK Real Estate & Financial Services has been in the Barbados real estate, holiday rentals and property management industries for many years.
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Atlantic Realty
Atlantic Realty is an INNOVATIVE, energetic and all encompassing Real Estate Company offering services in: * Property Sales & Rentals * Project Management [Design, Tendering, Construction ..
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Terra Luxury
Terra Luxury is the leading Barbados luxury real estate firm serving the niche luxury property market along the islands’ famed West Coast and in other key areas across this beautiful Caribbean island.
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Elegant Properties Realty
Elegant Properties Realty's Barbados luxury villa portfolio exceeds all other agencies on the island, with Elegant Properties representing vendors from more than 85 countries around the world, with su...
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George Ramsay & Co. Ltd.
This family real estate business, now in it the third generation, was founded in 1966...
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Global Estate Agency
Established in early 2003, Global Estate Agency, Barbados offers a personal professional service..
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Harry Manning Associates
Harry Manning Associates was founded by the husband and wife team of Harry and Natalie Manning in January 1995, to represent the dynamic Barbados villas market to investors and holiday-makers from Eur...
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Island Gold Realty
 Looking for your piece of paradise? Island Gold Realty Ltd has a diverse range of properties for sale and rent in Barbados including residential properties, land, and short-term, long-term and holiday rentals.
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Terra Caribbean
Terra Caribbean specializes in Barbados property for sale and real estate in the Caribbean..

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