News
- Liverpool Football Club Announcement
- Sunday Independent Article
- Pat Cash Tennis Academy
- Trader Vic's Restaurants
- Puerto Plata Emerges as the New Coast of Eco-Style and Activity
- Growth in Dominican Republic
- Caribbean attractive to Indian Investors
- Property Price quotes and information
‘Demand from buyers has been strong… and property prices rose 40 per cent last year as a result.’
(Financial Times, 21 April 2007.)
“What we are seeing in the Caribbean is a lot of new development going on and it appeals beyond the US: it appeals to the Europeans who are attracted to the Caribbean.”
(Ft.com, June 1st 2007.)
“People are spending from $4m to $10m on the houses in the region. Certainly prices in the Caribbean are higher than in the past. It’s not difficult to spend $15-$20m or even $40m for really top of the line estates”
(Ft.com, June 1st 2007.)
Mr Ryan recounts how the project began, 10 years ago. “In 1997, Ritz-Carlton invited me to do a project here. They are a management company, and saw that the market was underserved. They saw potential here. They tried to get the project done on their own and, when it did not happen, they decided to reach out to a developer. ‘If you make it happen, we will give you a brand and manage it,’ they told me.”
(Ft.com, June 1st 2007.)
“The average appreciation is 12 per cent a year for the past 17 years. Bear in mind that this return is not taxed by the local authorities.”
(Ft.com, June 1st 2007)
In 2007 the small overseas property fund outperformed the UK real estate by around 50%.
(www.Propertyweek.com, 4th April 2008.)Peter De Savory, quoted on www.Propertyweek.com, 4th April 2008:
“You can buy first class new land for $700 to $1,200/sq ft. In Barbados it’s around $2,500.”
“It’s not as if all the rich people have died,’ he says with a wry grin. ‘Leisure is quite a protected sector. There will always be people who need a holiday in the sun, and not everyone in the world wants Dubai or the south of France.
‘Provided you are creating value in the mind of the customer then the price is not the issue. It’s not whether it is expensive or cheap. We’re not providing people with essentials we are providing them with an indulgence. ‘Value is intangible. It’s about an aroma of attractiveness. There is no logic to it…
- St. Vincent and The Grenadines: Tourism and Economy Statistics and Government Incentives
- St. Lucia: Tourism and Economy Statistics and Government Incentives
- Barbados: Tourism and Economy Statistics and Government Incentives
- World and Whole Caribbean Tourism Statistics
- Dominican Republic: Tourism and Economy Statistics and Government Incentives
- Investment Banks - Strong Interest in the Caribbean
- Record breaking attendance, $100 billion in investment highlight Caribbean hotel &
