Saturday October 24, 2020

Splash out on a place in the sun

Tourism is the engine that’s driving the recent resurgence in the Caribbean luxury real estate market

28th February, 2016
12
Spring Bay and the Baths in the British Virgin Islands

An aspirational destination oft-considered beyond the means of many a wistful purchaser, Caribbean island investment properties are now available from as low as US$220,000.

Given its dependence on tourism, the islands were not entirely immune from the effects of global economic downturn seven or so years ago, and the pace of new developments slowed in tandem. However, construction in many parts of the Caribbean has picked up again, bolstered by droves of international visitors, of...

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