The profitability of Caribbean real estate is comparable to that of Europe and ranges between 2% and 5% per year. The management company is usually involved in the maintenance and leasing of the objects at the same time. So investors do not have to look for tenants as well as monitor the condition of the real estate. We highlight here five profitable real estate projects in the Caribbean Country.
Dominica – Share and Villas at Secret Bay Five-Star Hotel
The Secret Bay Five-Star Hotel is located fifty meters from the Atlantic Ocean. For people on its territory, there are 3 secluded beaches, an open-air restaurant, a spa salon, a swimming pool, a kids’ club, a fitness center, an art gallery, and also a mini-brewery. And amongst the rainforest, walking trails are laid out and a sea cave is open for tours.
In Dominica, Secret Bay is the only resort that is Green Glode certified. It endorses respect for nature as well as the use of friendly materials environmentally. Investors purchase shares in the amount of $210,000 or objects in freehold. The price of the villa is from 1.5-3.9 million dollars. Investors will start receiving an income of three percent per annum when the construction of the resort is completed.
Granada – Share or Apartment on Campus
In Hartman Bay, A modern university complex will seem. St. George University is just two km away and is measured as one of the best Caribbean universities. The campus will generally include a student campus, hotel, sports, shopping, as well as entertainment centers. The center complex is planned to be built in ten years, and the construction of the 1st facility will be opened soon.
Investors are invited to purchase an apartment of 60 m2 in shared ownership with full rights. The developer offers property management services as well: sale, rental as well as maintenance of premises.
Saint Kitts and Nevis- Condos in a Hotel Complex
The complex has been welcoming guests since 1983 and it is located on the island of San Kits. The hotel has some swimming pools as well as a private beach. Rooms provide panoramic views of the mountains, Caribbean Sea, garden, or lake. Investors can buy hotel apartments and commercial properties in full and shared ownership. This project involves the infrastructure of the complex and the renovation of condos.
Santa Lucia – Apartments in a Hotel Complex
The hotel complex is located in the town of Vieux Fort and it is the second-largest city in Santa Lucia. There is an international airport, a seaport as well as the largest fishing fleet on the territory of Vieux Fort.
An area equivalent to 3 residential areas was apportioned for the structure of a new resort. The facility is scheduled to become operational by the end of 2022. And the hotels and significant tourist facilities for St Lucia will be constructed in the hotel complex.
Investors can purchase various apartments, duplexes, or profitable premises for retail. Commercial spaces, restaurants, and cafes, offices, fitness and spa centers will be released on the territory of the hotel complex.
Antigua and Barbuda – Hotel Apartments by the Caribbean Sea
Investors can purchase apartments in fractional ownership. The project is a boutique hotel the hotel construction started in the first quarter of 2021. The expected start-up date is the end of 2022. The hotel will have forty rooms, a bar and lounge, a restaurant, a swimming pool, and a spa.
The investor can easily get a passport from a certain Caribbean country to buy properties. The value of the object must comply to do this with the established limits. Investors will be able to sell the real estate as well as return the money invested in a few years.