The recession has hit certain industries harder than others. But, Caribbean real estate is one of its greatest victims. With people concerned about their life savings and getting their salaries frozen at work, there’s little concern about enjoying a week in the Caribbean for their vacation or buying Caribbean real estate to enjoy their retirement in paradise. But as the recession nears its end, the demand for Caribbean real estate is slowly rising and the supply of Caribbean real estate is now more affordable than ever.
Caribbean real estate in hotspots like the Bahamas, Dominican Republic and the Virgin Islands has seen sharp declines in home values. While this has been a plight for current residents, it also creates opportunity for new residents to get great deals on Caribbean real estate. It’s everyone’s dream to own a Caribbean beachfront villa as a second home or primary residence, and economic conditions has made this dream more attainable.
Those looking to buy or sell Caribbean real estate should take advantage of the incoming tourist season which is largely based in the winter season. There are incredible deals on Caribbean real estate from waterfront villas to luxurious condos and even beachfront mansions as highly discounted costs.
Just South of Anguilla is the Caribbean island of St Barthelemy, an amazingly scenic island with pristine beaches and plenty of available real estate. St Barthelemy or St Barts as it popularly referred to as, is a popular Caribbean island for its exciting attractions and incredible real estate.
Hotels and resorts are popular on St Barts and include the Carl Gustaf, Eden Rock, Francois Plantation, Hotel Guanahani and Spa, Le Christopher and Le Toiny. These hotels have amazing amenities like in-house dining, Jacuzzis, saunas, water sports and state-of-the-art fitness centers. Some of the incredible restaurants on St Barts are Brtolomeo – a French cuisine restaurant, La Plage- French cuisine restaurant and Le Rivage- also a French cuisine restaurant.
The people of St Barts also referred to as Bartians speak both French and English. The climate is tropical year-round and temperatures rarely fluctuate. The island also has communications services many other Caribbean islands don’t due to their undersea fiber-optic cable which gives them phone and internet services.
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St Eustatius is a relatively secluded island in the heart of the Caribbean. With neighboring islands like St Kitts and the Virgin Islands its easy to overlook this island. But for those seeking an authentic and pristine Caribbean experience, St Eustatius might be the perfect place. St Eustatius is one of the few places in the Caribbean you can purchase acres of waterfront land. The low population of St Eustatius means the natural beauty of the island is easier to preserve and the beaches are quite breathtaking.
The official language of the island is Dutch, which is largely because St Eustatius is a constituent of The Kingdom of the Netherlands. English is widely spoken throughout the island and there is a hint of culture from The Netherlands, Caribbean and English speaking cultures. Restaurants on the island include Blue Bead Restaurant - a nice French Cuisine café, Ocean View Terrace – a Caribbean cuisine restaurant and the Old Gin House Restaurant which is an International cuisine restaurant.
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St Martin is widely regarded as the Caribbean’s most popular island. Tourists from everywhere visit the island to not only experience the natural beauty of the Caribbean but also the exciting lifestyle of St Martin. St Martin is a must-stop for Cruise ships so tourists visiting the island change weekly if not daily.
The island has adapted to enhance its image as a tourist hub in the Caribbean by building incredible hotel-resorts, casinos and dozens of nightlife spots. Unless there’s a festival occurring, St Martin is relatively quiet in the day, but when the sun goes down St Martin turns into a booming Caribbean nightlife spot.
St Martin has heavy French influences, so the homes, attire and accents usually reflect French backgrounds. The main advantage to their French backgrounds is the incredible French cuisine that is produced in St Martin’s high-quality restaurants.
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ust below St Lucia is St Vincent and the Grenadines. St Vincent is a large island in the southern Caribbean that is known for its beautiful landscape that includes elevated terrain, beautiful beaches and magnificent shoals. The Grenadines separate St Vincent from Grenada and are a string of 500 islands that are largely uninhabited.
St Vincent only recently gained the attention of tourists and Caribbean enthusiasts making the island largely undeveloped. For those who are seeking a more authentic Caribbean experience, it’s hard to find so much natural Caribbean land anywhere other than St Vincent.
The Grenadines is an exciting area, because it has so much undeveloped land. An island with several or just one home on it can be purchased. An adventurous investor could buy an uninhabited Caribbean island and build a house on it making the ultimate secluded Caribbean home.
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