Property investment opportunities in the Caribbean - Basic Guidelines
When investing in real estate in the Caribbean, it is important that the investor know the regulatory guidelines that are found in the specific Caribbean nation. Only after knowing all the facts about purchasing property should the services of a real estate agency be sought.
There are also some Caribbean countries like Jamaica and Trinidad that encourage foreign investment through foreign freehold ownership of real estate. Their regulations also provide foreign owners equal rights to property investments as their domestic citizens have.
This is why it is very important to have good legal representation during your real estate purchase process in the Caribbean. This is so that you receive advice on the better property market that provides a financial opportunity to make a profit through your real estate dealings. They are also capable on requesting the better real estate agents to approach to make a profit in real estate.
Another point that has to be borne in mind when making a real estate deal in the Caribbean is the exchange rate between the investor’s currency and the currency in the Caribbean island. Most of the Caribbean countries have dollars linked in their currency; however it is better to check on the currency before the deal materializes so that you can calculate if the investment proves to be a financial opportunity or not.
The property ownership rights of the different countries of the Caribbean region depend on the nation that had ruled the particular country or island. As Belize and Anguilla were once ruled by the English, they follow the English common laws. Other countries may follow the legal symptoms of other countries like France or Netherlands. So find out yourself the laws governing the Caribbean country that you choose for your investment.
Remember that the real estate buying process differs in different countries of the world. So it is important that you make yourself aware of the regulations in the real estate market of the Caribbean country you intend to make an investment in before signing any papers or making any payments. There may be some additional or hidden costs in property transactions in the Caribbean; find out about these before accepting the deal as it will be too late to withdraw after payment of funds.
Colibri Court
Colibri Court is located in the heart of the Jolly Harbour complex in Antigua and is the newest development in the area.
Colibri Court offers investors the chance of owning a modern affordable luxury condo on the beautiful Caribbean island of Antigua.
Colibri Court condos have many modern features and are built to exact safety standards with high end design features for maximum comfort and power saving capabilities, they offer exceptional value for money
Jolly Harbour amenities include –
An 18 hole golf course
A Commercial Centre including shops, restaurants, bars, a bank, and a pharmacy
A large supermarket
Car rental
Helicopter Tours
Boat Sales
Boat rental
Tours and excursions
Casino
Swimming Pool
Tennis Courts