Landlords Guide

How to Rent Your Property in Barbados      

Do you own a property in Barbados, and are you considering renting it out for the long term? If yes, you will be pleased to know that the Barbados real estate rental market has become very active, especially since the launch of the 12-Month Barbados Welcome Stamp visa. The stock listings rent out quickly, even faster when the property is fully furnished and equipped.

This article provides answers to some of your questions, such as:

· Which real estate market is my property most suitable for?

· Barbados or the foreign market?

· Should I rent my property out furnished or unfurnished?

· What should be my asking price?  

Here are some helpful tips to guide property owners in Barbados to choose the right real estate company for the job and get a tenant.      


Choosing the right real estate company requires much more effort than you think. You’ll be setting yourself up for problems by randomly selecting a real estate company from simply scrolling through the yellow pages or newspaper ads. Make adequate research to ensure that the company specializes in the target market most suitable for your property. Check their websites and social media pages to view some of their recent transactions, and read reviews from previous clients. If your property is more so suited for the foreign market, make sure the real estate company has an international reach.

It’s very important that the real estate agent you choose to hire has a Barbados real estate license and is a member of The Barbados Estate Agents and Valuers Association (BEAVA). The Association has over one hundred and twenty members, which increases market visibility. Your property would have a chance of getting rented even faster.  

The real estate commission fee for long-term rentals in Barbados is one month's rent, subject to VAT if your agent is VAT registered.

We, at Global Estate Agency been in the real estate brokerage business for over 15 years. Our clientele includes both local and expat renters who rent properties in Barbados. From our modern and user-friendly website to our impressive social media following. We also have international reach via our sister company which focuses on luxury expat rentals. Our brokerage is led by Junior Sparks, who appeared on not one, but two episodes of HGTV’s popular top tv show, House Hunters International!    


After you have decided on the real estate company/agent to hire for the job, they will set up a listing appointment to tour your property. The appointment is to gather marketing details, including photos and video. Start from the general details and work your way down to the specifics, such as:

· Would you accept young kids?

· Indoor or outdoor pets?

· No pets at all?

· Is smoking prohibited?

The more details you confirm with your agent, the better so your agent could focus only on the prospective renters that are suited for your property.

While the agent is touring your property, you could review the listing agreement and complete same once you agree with all the terms. It's usually either an exclusive or non-exclusive listing agreement. An exclusive listing agreement is where you would list your property with one agent, and external agents will still have access to the listing, but all showings and negotiations must happen via your agent. The landlord agrees to pay a commission to the agent once the property is rented. The non-exclusive listing agreement is where you could list your property with as many agents as you like. The latter option doesn't guarantee that your property would get rented faster. It means more work for you, keeping track of all the agents' marketing, making sure that there is no misinformation about the marketing details.


It is best to hire a real estate company that has a website. A good online presence will increase your market visibility so, consider listing your property with a real estate company that has an active and huge following on social media platforms. Also, your agent can use multi-listing websites to provide additional traffic. Lastly, give your agent approval to put up a for-rent sign or banners at strategic locations because not everyone is internet-savvy.    


Make your property attractive to potential tenants. Carry out corrective maintenance in the building, including power washing of the driveway, re-painting, updating of fixtures, and general cleaning. An attractive property with lots of open spaces tends to get list price or close. Be ready to assist your agent in whichever way you can to make sure showings go smooth. Open up windows and pull back the curtains to keep the property well-aired and lighted.


All prospective tenants must complete a tenant screening form and submit the same along with their photo IDs. The tenant screening form includes the submitted offer, the rental duration (start to end date), job details, professional references, and current landlord information. Additional details to fill may include questions about pets or kids.    


If you don't already have a rental agreement, your real estate agent would most likely have a draft copy on file, or you should consult with a Barbados attorney to get a rental agreement drafted. Rental agreements usually are for one year or more, but in some cases could be shorter. The rental agreement should be sent to the tenant for review via your agent. Once the tenant has agreed to all the terms and conditions, the tenant can sign the document and return same to your agent, who would arrange for you to sign.


After the rental agreement is executed, the tenant has to pay the first month's rent plus security deposit or, in some cases, the first and last months' rent plus security deposit. The deposit is dependent on the terms of the rental agreement. The tenant can make payment to you or your agent. If the brokerage company receives the payment, they could deduct their commission fee before paying you.


If utility bills aren’t included in the rent, utilities transfer letters should be provided to the tenant so the tenant could transfer the electricity, telephone/internet, cable tv, etc into their name. However, in some cases, the tenant would provide the authorization form from the particular utility company, and you will have to sign the form for approval.

An inventory list should be signed off if the property is being rented furnished, usually as an appendix to the rental agreement.    

As of May 2021, the VAT rate is set at 17.5%.    

List your property with us for rent today via our Add Your Property page. Contact our office today at 246-426-9469 or send us a message via our Contact page above.  

Looking to sell your property instead? Here is our Sellers Guide

Who We Are

About Global Estate Agency

If home is indeed where the heart is, then Global Estate Agency has been the brokerage pulse of the Barbados luxury real estate market since 2003.

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Why Choose Us

Global Estate Agency's Junior Sparks is the 2018 Agent of the Year | First-ever recipient of The George Ramsay Memorial Award via the Barbados Estate Agents and Valuers Association. 

Global Estate Agency's Junior Sparks makes international TV debut in the popular US reality television series, HGTV House Hunters International. Season 151, Episode 3 - Seaside Villa vs Crash Pad in Barbados. 

Global Estate Agency's Junior Sparks appears on the popular US reality television series, HGTV House Hunters International for the second time. Season 157, Episode 6 - Excess Baggage in Barbados.   

Global Estate Agency has a stronghold on market tendencies, a well-established business model, and a long list of satisfied clients.

Strong marketing mediums to get your property in front of prospects that reside in Europe, USA, Canada, China and more.

Representing sellers, buyers, landlords and renters since 2003. Real estate brokerage is simply our passion!

Over 30,000 people connected to Global Estate Agency's social media accounts, including Instagram, Facebook, TikTok, Twitter, LinkedIn and more.

Our sister company focus on only the best rental properties for expats moving to Barbados and already living on island.

New website division launched for sought after properties for sale and rent, marketed exclusively by Barbados real estate mogul Junior Sparks. When you list your property with us exclusively, you get additional international marketing, aerial photography and website client login for 24/7 updates.

Over 300 Barbados property listings in our database and also we have access to over 100 external real estate agents' listings.

Client Reviews

Thank you so much to Junior, Kaleb and Giselle for helping my family transition in this chapter of our lives. Everyone w... read more

Truly Remarkable Team
Junior and his team, Kaleb and Giselle, combined in a helpful, professional manner to guide my husband and I, through th... read more

A Truly Professional Team
We are very impressed with the professionalism of Junior, Giselle, and Kaleb, they each supported us in various stages o... read more

Great Experience
Living overseas, we needed a knowledgeable and trustworthy realtor to help my father sell his long-time home in St. Mich... read more

Mervyn B
Kaleb is a pleasant professional who makes processes easy that some others in this sector can make unnecessarily difficu... read more

The process of moving is not an easy experience, but it's made a whole lot better when you've got an agent that's kind, ... read more

Brandon & Jehmilah; THANKS KALEB!!!
Working with Kaleb (who also answers to the name Kyle **inside joke) made this house selection/acquisition a breeze. His... read more

Sherri B
Doing anything for the first time can be a bit nerve wracking but trusting Kaleb to find me a my first home to rent was ... read more

S. T.
I worked with Giselle for 8 months and during this time she made the deal so comfortable, easy and understanding, she tr... read more

Antoine Catlin
Kaleb worked very hard to find a place for me that I would be happy in and I am so grateful for that . I wouldn't have f... read more

After seeing an ad online for a new apartment, we immediately contacted Kaleb & team to arrange a viewing. All commu... read more

Sam & Jenelle
Junior Sparks came highly recommended by a good friend of mine. He and his team were extremely professional in their app... read more

Monique J
Moving to Barbados from Germany, Junior and his team made my search and my move a smooth process. When having online vis... read more

Pietrick V.
My sister watched an episode of House Hunters International featuring Junior Sparks. My property had been listed with an... read more

Ina & Wendy
I had a great experience with Kaleb Gibbs, Real Estate Agent with Global Estate Agency. Me and my husband recently used ... read more

A phenomenal team to say the very least. We worked with Global Estate Agency in the past and this time wasn’t any differ... read more

Wow, wow and wow. I would certainly like to say a huge thank you to Junior Sparks and Giselle at Global Estate Agency. T... read more

Having just purchased through Global Estate Agency, it was nice to deal with a very professional and friendly company! ... read more

Paul Bailey
It was an honor to have worked with this professional team at Global Estate Agency Inc. I had listed my property for tw... read more

Dear Junior at Global Estate Agency Inc. Thank you and Raquel for the fantastic work you have done for me and for every... read more

Frederick A Walcott
From inception Junior made the process so easy. He came highly recommended and working with him has been a pleasure. He ... read more

Deirdre A.
Junior is an amazing individual, and it was absolutely a joy working with him. At the very inception our conversation wa... read more

Margaret I.
Junior from Global Estate Agency is extremely professional and reliable with a sound knowledge of the real estate market... read more

Angela Reifer
I had a great experience dealing with Junior and team. Very professional and responsive, he even gave me a virtual live... read more

Junior and his team are fantastic. Junior helped us rent our house out a few years ago with a lovely family who were ve... read more

Junior was extremely professional and took the time to understand exactly what our f... read more

Mark F
After navigating my way through much turbulence in the world of real estate agents, I stumbled upon Junior and Global Es... read more

Junior is an absolute gem in the real estate business. He is professional, reliable and delivers results quickly. I had ... read more

It has been my pleasure to conduct business with Junior over the past 10 years or so. His professionalism and integrity... read more

Anita Hinds
Junior is a true professional! He understands his clients’ needs and ensures he delivers. I have used Junior for my prop... read more

Karen W
Junior was an absolute pleasure to work with. In no time at all he found great tenants for us. He took the stress out of... read more

Gregg and Nicole

What can i say, y... read more

Chelston B.

As a UK resident with a rented property. I was introduced to Junior, this was back in February 2008. I received total ou... read more

Anita & Joyce
After contacting a few real estate agents with no success, Junior was recommended by a friend. Not being available to m... read more

Heather Blades
I have used Global Estate Agency as my "go to" for my rental property now for nearly 15 years. The team is pro... read more

A.L. Davis
My experience with Junior can only be described as seamless. He was very approachable and was wealth of knowledge. His f... read more

Brian Payne
Junior and his team were fantastic to work with and we couldn't be happier with our new home. Thank you Junior!!... read more

Scott M
If we had to use one word to describe our experience with Junior, it would be PHENOMENAL. We are currently living overse... read more

Terri-Anne and Shane
When my wife and I decided we were going to relocate to Barbados with our family we knew that we would need someone that... read more

Alexei & Ria
Junior can be described in one word....AMAZING! I have had the immense good fortune to know this exceptional human being... read more

Cheryll-Ann W

Junior is professional and results oriented. His personality makes him appr... read more

Winifred H.

I relocated to Barbados in early 2020. Junior was referred to me by a good friend who said of my need for a real estate ... read more

From the time I decided to look for a new home, Junior's website was my first go-to-destination. I was not disappointed.... read more

Alicia N.
Very easy to find the appropriate house and close the deal with Junior involved. He is always open and happy to help his... read more

Francisco Velez
What Junior doesn’t know about Real estate you could write on the back of a stamp .He is a wealth of knowledge , and I b... read more

If there ever was a person who has genuine passion for what they do it's Junior. I have known Junior for years and when ... read more

Edwyn W
I have been lucky to have Junior's real estate assistance for over a decade. He has found for me several rental properti... read more

Claudio M
Global Finding a tenant in this COVID-19 period through Global Estate Agency was the key success factor for me, being... read more

Tony J
Junior has diverse knowledge of the Real Estate climate in Barbados. His professional approach to property consultatio... read more

Sonia Ishmael
Professional, enthusiastic, achieves results... read more

Marlene Johnson
I would recommend anyone looking for a house in Barbados to use Junior.... Always on the end of the phone and always a... read more

Andrew Newman
Junior was a true professional to work with, answering all queries promptly and co-ordinating everything in a timely a... read more

Robin Belle
Thanks to Mr. Sparks, my relocation to Barbados was made easy!

He is a true professional who takes the t... read more

Wenise Davis
Having lived and worked throughout the English-speaking Caribbean, I ended up spending alot of time with real estate a... read more

Joseph P. Herde

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