Yes. There are building restrictions in Barbados which are governed by the Town and Country Planning Act. Some of these restrictions are:

1. Requirement of a building permit from the Ministry of Housing and Lands before any construction or renovation to ensure compliance with planning regulations.
2. Residential buildings are typically limited to two stories, with a maximum height of around 28 feet.
3. Building construction is limited to a percentage of the total land area. This percentage is typically 40% for residential developments.
4. Constructions on beachfront properties are restricted, with a minimum distance of 100 feet from the high water mark.

Here is a list of things that Barbados’ landlords are likely to require:

• Completing a rental application which would include your current home address.

• An employment letter that verifies your income or salary.

• If unemployed, a bank statement showing that you have enough money to cover the rent and utilities for the duration of the rental.

• A co-signor: this is someone (usually a friend or relative) that agrees to pay your rent if you are unable to pay.

• Professional References: this could be a letter from someone you know that can vouch for your good character (their names and contact information should be provided). 

Rental prices vary depending on location, size and amenities. They generally start from just under BBD $1,000 per month for small apartments to several thousand dollars for luxury rentals.

To possess a strong rental application, it is extremely important to submit your documents quickly and show proof of a steady income. It is also strongly advised that you give as much information and be as transparent as possible, due to the rental market being extremely competitive. On that note, providing good references especially from a past landlord can be a great asset.

A furnished rental includes full furniture and appliances, while semi-furnished rentals may only include basic appliances like a stove, fridge and washing machine.

Tenants cannot make changes to a rental property without the landlord’s explicit written permission. Any changes made by the tenant without such permission may result in being a violation of the lease or rental agreement and may lead to the tenant being required to restore the property to its original condition at their own expense or possibly eviction.

After signing the rental agreement the move-in date is generally negotiable and agreed upon between both the landlord and tenant. Typically it can be as soon as the rental agreement is signed, keys are handed over and all required payments such as security deposit and first month’s rent are made. However some landlords may schedule a move in date within a reasonable timeframe.

The responsibility for repairs and maintenance in a rental property is generally divided between landlord and tenant, these duties are usually outlined in the rental agreement. However, landlords are usually responsible for major repairs and ensuring the property is safe and habitable, while tenants are generally responsible for minor repairs and maintaining the cleanliness and upkeep of the property.

The typical rental agreement term in Barbados for residential rentals is 12 months. However, some listings may accommodate shorter terms, such as 3 to 6 months. These shorter terms are also done via a rental agreement.

It is highly recommended that you have at least 3 months worth of rent set aside for upfront costs such as first month’s rent, last month’s rent, security deposit, utility bills (if applicable) and unexpected expenses. Therefore on average you should aim to have at least three times the rental amount you plan to spend set aside. By carefully planning your budget and understanding the potential expenses, you should be able to enter the rental market with confidence.

If you are interested in renting your property with us, feel free to contact us at 246-426-9469 and we’ll set up a listing appointment to tour your property!

Not necessarily, however, you should check the availability and costs of connecting utilities such as water and electricity before purchasing , as it can significantly impact the final cost of developing the land.

Yes. There are no restrictions on foreign ownership of land or property in Barbados, non-residents are treated the same as citizens when buying property. However, while there are no restrictions on foreign ownership, non-residents need to obtain permission from the Central Bank of Barbados for the purchase.

Yes. A licensed land surveyor is required when purchasing land in Barbados. The land surveyor must define boundaries and provide a certified plan. This is essential in ensuring accuracy and avoiding potential boundary disputes.

Some covenants do not allow this while others may have an option. If you can subdivide the lands, you are required to go through a formal process with the Planning and Development Department for approval. 

Some areas may have specific restrictions, so it is essential to check with the Town and Country Planning Department to understand zoning regulations and restrictions for the specific area. Your agent should be able to assist you with this.  

While it is not a strict legal requirement, it is highly recommended to clear your land before selling to improve its appeal and access to potential buyers. As it will be much easier for buyers to view your land boundary mark.

Besides the purchase price, costs will include legal fees and land tax. If buying via a land loan, be sure to query your financial institution on any fees.

In Barbados, the price of a land lot is primarily determined by market value via a professional valuer and is also majorly influenced by location, size and potential for development. Land Tax assessments also play a role.

In Barbados it is required that a 10% deposit of the purchase price is paid to secure the property. You will also sign the sale agreement at this stage.

Once your property is listed, your agent will schedule appointments with potential buyers. We recommend ensuring the property is tidy, well-lit, and welcoming during viewings. Usually your agent will provide advance notice if keys are not on file with the agency.

A certified surveyor can asses your property based on various factors such as size, location, condition and recent comparable sales. Your real estate agent can also assist you in arranging this.

Neither the buyer nor seller are required to be on island during the sale process. Your attorney can handle the transaction on your behalf and send you all documents overseas whereby you will be a notary to witness/stamp in some cases. Also, using a Power of Attorney on island in the event that you aren’t able to be present is another option. 

After finding your preferred property, be sure to be pre-approved for financing and make your offer as soon as possible. Make a strong but fair initial offer, lowball offers are usually rejected.

Upon acceptance of your offer, both the buyer and seller are required to sign a document called an Offer and Acceptance Form. If you aren’t a cash buyer, your lender would give you the all clear on when to involve your attorney and start the legal process.

Neither the buyer nor seller are required to be on island during the sale process. Your attorney can handle the transaction on your behalf and send you all documents overseas whereby you will be a notary to witness/stamp in some cases. Also, using a Power of Attorney on island in the event that you aren’t able to be present is another option. 

After finding your preferred property, be sure to be pre-approved for financing and make your offer as soon as possible. Make a strong but fair initial offer, lowball offers are usually rejected.

Upon acceptance of your offer, both the buyer and seller are required to sign a document called an Offer and Acceptance Form. If you aren’t a cash buyer, your lender would give you the all clear on when to involve your attorney and start the legal process.

Yes. In Barbados it is strictly advised that all property transactions are done through a licensed attorney to ensure a legal and binding transfer of ownership. Attorneys fees are approximately 1.5% to 2% of the sale price, also note that all attorneys work by a schedule of fees that are subject to 17.5% VAT.

Generally, property sales in Barbados take around 3-6 months, depending on financing, legal processes and negotiations. It is advised that both the buyer and seller be prepared in advance to prevent any delays.