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Do You Deliver Hospitality Excellence?

July 25, 2014 By Administrator

Temporary Staff Vacancies

 

If you're a dynamic individual with proven skills and expertise as a Chef, Butler, Cook, Housekeeper or Gardener, we are looking for you!

Company Messenger

July 24, 2014 By Administrator

   Company Messenger - Vacancy

The Terra Caribbean Group of Companies has offices on both the South and West Coasts of the island. We need an energetic individual to deliver documents and packages between offices, and to other establishments and private homes.

Real Estate: A Viable Investment Choice

July 11, 2014 By Christopher Sambrano

In Barbados’ current economic environment, individuals and companies are faced with the question of what to do with their excess cash.

There is a choice, even with exchange controls and limitations on available investment options. Available opportunities include: bank deposits, government bonds, corporate bonds, mutual funds, savings products provided by insurance companies, a limited pool of equities and of course, real estate. All of these options have their own inherent risk and return payoffs.

Be well-informed about the Municipal Solid Waste Disposal Tax

July 08, 2014 By Knowledge Department

What is the Municipal Solid Waste Tax?

A tax charged, levied and collected on the site value portion of improved property. Therefore, all property that includes any structures is subject to pay this tax. However, the tax is calculated on the site value only. This tax was deemed operational on September 01, 2013.

Commercial Property Manager - Vacancy

June 19, 2014 By Administrator

Commercial Property Manager

 We Know Property Management. Do you? We are looking to recruit an individual to help lead our Commercial Property Management division. If you know property management and want to build a career with a fun and innovative firm - let's talk!

May was the Month of Motorsports in Barbados!

June 03, 2014 By Gemma Holder

It has been a thrilling and unforgettable month of motorsport here in Barbados! With the unveiling of the brand new Bushy Park Circuit in St. Philip, the mega production of Top Gear Festival Barbados, as well as the non-stop action at Sol Rally Barbados 2014, May was nothing short of epic!

Red Book Welcome 2014

May 09, 2014 By Andrew Mallalieu

It’s seven year itch time!  Yes, this is the seventh edition of The Red Book.  The challenge each year is to make it better, and by ‘better’ we mean more relevant to you the reader.  This year we have added more statistics, more professional articles and we have even done some “ancient history” research with Hayden interviewing the two agents responsible for the sales at Sandy Lane Estate in the 1960s.  I think you will find that article both informative and entertaining.

Apes Hill Club set to start brand new clubhouse!

January 17, 2014 By Gemma Holder

Apes Hill Club announced this week that construction on the new Clubhouse will begin this year. Renowned local Architect Larry Warren has been appointed for this project and the preliminary design is progressing well.

Bright Ideas in Reducing High Energy Costs

August 13, 2013 By Gina-Lee Johnson

Part of our monthly analyses for each of our properties clearly breaks down the running costs of the properties that we manage. The largest costs are salaries and wages, which make up a minimum of 30% of total running costs, but are very much based on owner preferences.  Building repairs generally come next, but fluctuate wildly depending on the design and type of construction, age of the property and what the owner wishes to upgrade. The third largest cost is electricity, which provides us with the opportunity to implement energy-saving equipment and policies, without affecting ambiance or service.

Terra Caribbean Attains Prestigious RICS Designation

July 10, 2013 By Gemma Holder

Terra Caribbean is now regulated by the Royal Institution of Chartered Surveyors (RICS); a world-renowned and respected professional body that monitors, guides and assists firms to comply with rules, regulations and ethical standards.

Abandonment - Change

June 04, 2013 By Andrew Mallalieu

Some years ago I wrote about the role of real estate agents in “leading their clients in abandonment”. This was a concept I borrowed from a lecture I attended at Harvard some years earlier. The way we applied it in our business was to provide our clients with current market information so that they could make an informed decision, meaning they had to abandon old views of market value. 

I think we have done a good job in leading our clients in understanding this new market – but have we as an industry done the same? I think not, and this year’s article is therefore going to be focused on leading our industry peers in abandoning the old business model that may have served them well in the past. 

The Real Estate Cycle

May 14, 2013 By Hayden Hutton

In the early 1930s a land economist by the name of Homer Hoyt established a now famous theory known as the “The Great 18-year Cycle”. The theory held that, in the absence of significant world events (wars etc.), real estate cycles generally follow a predictable 18-year cycle. Hoyt cites considerable empirical evidence dating back to the early 1800s illustrating an almost perfect 18-year cycle. More recently, Prof. Fred E. Foldvary used this principle to predict the recession of 2008, writing about it ten years earlier. Obviously real estate cycles present themselves in different shapes and sizes, but perhaps Hoyt’s theory provides some context to a discussion about where we are in the cycle today and when the market is likely to enter the recovery phase.

Th Red Book 2013 - Welcome

April 11, 2013 By Andrew Mallalieu

The annual event of writing an introduction for The Red Book is always filled with trepidation for me. I do not want to over build expectations and then disappoint, nor do I want to fail to introduce the articles in an exciting way. What to do? Risk behind every door. But that is our world today. Every time I think the market has found a direction, there seems to be a further shift. Recently I read that an engineer does not see the glass as half full like the optimist, nor half empty like the pessimist, but rather as a design that is twice as big as it needed to be. I learnt from this that I need to adjust my expectations and face the reality of our market. The half full glass tells us nothing of our future but only of our present. So that is what I hope we will do for you – provide you with an accurate picture of the real estate market in Barbados at present. Whether you are the optimist, the pessimist or the engineer, you will have the data that you need to reach a conclusion.

The Investor and Compulsory Acquisition - Barbados Law

November 02, 2012 By Michael Alleyne

Legal scales

 

For the average Barbadian citizen, most encounters with the powers of the Crown are limited to fixing roads, maintaining order and things of the like, nothing alarming at all. However, occasionally, citizens come face to face with the awesome power of the state, when they receive a notice expressed in some legal jargon, informing them that their land is to be acquired for some public purpose.

Heritage: Its Meaning and Significance for Barbados

October 09, 2012 By Dr. Karl Watson

The Barbados Careenage

 

 

Heritage in its broadest sense refers both to the tangible objects produced by past generations that have survived the ravages of time as well as the physical world  around us, the natural landscape with its geological and biological features. Heritage therefore is not fixed or fossilised but rather, an ongoing, dynamic tapestry. 

Green…The Colour of Sustainability

September 17, 2012 By Andre Kelshall

Green…..the colour of sustainability

 

 

The term “green” in recent times has taken on a whole new light when associated with any kind of physical land development. Today it is not only part of a colour palette being used, but a term that measures the level of sustainability of a project from its design through to its construction. It also takes into account the project’s operation and maintenance over its projected life cycle.

Relocating With Children: Selecting A School

August 29, 2012 By Susan Freer

Relocating to Barbados

 

Relocating to a new country can be both exciting and challenging. There’s the initial thrill of exploring a new country but there’s also the anxiety of leaving friends and family for an unfamiliar location. Choosing the right home is a key decision for successfully transitioning from one country to another.

Tech Support Analyst - Vacancy

August 20, 2012 By Administrator

Tech Support Analyst

 

 

You could be IT! A new and exciting opportunity exists for a Tech Support Analyst within our dynamic team! If you think you've got IT send your CV to the required email address.

Marketing Co-ordinator Vacancy

August 13, 2012 By

Marketing Co-ordinator Vacancy

 

 

Do you love to communicate? We are looking for you! An excellent opportunity has arisen for a dedicated Marketing Co-ordinator. See our ad to find out more about this exciting position.

Think you have an insurance story? Wait till you hear mine!

August 09, 2012 By Richard P. Ince

Protect your house

 

 

 

 

After nearly forty years in the insurance business, it is very difficult to avoid the topic. Invariably, the cocktail party discussion begins with....”Oh, so you’re that insurance guy (awkward silence).. well (heavy emphasis here), last year after ‘Tomas’.....” by now, others are listening, and the tales of woe begin to flow.

International Business and Financial Sector Makes An Impact

June 27, 2012 By Marita Greenidge

Barbados Parliament Building

 

 

 

 

The International Business and Financial Services sector contributes nearly US $500 million (BDS $1 billion) to the Barbados economy. The greatest portion of this spend does not emanate from direct taxes paid to the Barbados Government but from indirect spending in the Barbados economy. Real estate in particular, with earnings of just over US $15 million (BDS $30 million) in 2010 is one of the primary beneficiaries of this sector.

Career Opportunity - Real Estate Valuer

June 25, 2012 By

Real Estate Valuer

 

 

 

Do you KNOW Barbados? We are looking for YOU! If you are a dynamic individual who is excited about real estate and ready to value Barbados the way we do, see our carrer opportunity ad.

Real Estate Then and Now

May 29, 2012 By Richard Edghill

Cedar Court, Wildey, Barbados

 

 

Real estate in Barbados has taken many turns in the last eighty years. My personal experience in real estate tracks back to 1972 when I invested in my first project, a small shopping centre. Three friends and I purchased the land and constructed the building with borrowed money.  The shopping centre was relatively successful but after a few years we were only covering interest costs so we sold it for the grand sum of BDS $350,000, with which we just about broke even. Recently a real estate agent offered me the same property for BDS $5 million not realising that I had previously owned it. 

Five More Reasons to Love Barbados

May 10, 2012 By Marita Greenidge

The Crop Over festival is not to be missed! (photo adapted from www.visitbarbados.org)

 

 

It’s easy to fall in love with Barbados – white sandy beaches, crystalline waters, a rich and captivating culture, warm, friendly people. Who can truly resist the lure of this beautiful island?

 

You may have thought you discovered all the reasons to love this alluring “Gem of the Caribbean Sea,” but we’ve got a few more to share.

 

Here are five more reasons to love this delightful island.

Sometimes Children Know Best

May 07, 2012 By Damian McKinney

Woodland Great House, St George

 

Our children want many things that we have to decline for any number of reasons; maybe they have too much already, or maybe what they want is not good for them. But sometimes, our children know best. And sometimes the simplicity of their requests should be considered.

 

I found that to be the case during a vacation in 2006. My family was in Barbados, and one of my children asked, “Dad, can we live here?”

Cash-rich? Why It’s Still A Good Idea to Finance Your Real Estate Purchase.

April 13, 2012 By Maya A. Johnston

Bronte, Christ Church

 

 

Having decided to buy property, the question that is frequently posed by our Private Clients is how they should pay for it - should they finance or use cash?

 

In answering this question, I find myself torn between two mindsets. My family upbringing wants to blurt out that cash is king and that you should never borrow if you don’t need to, but the banker in me is almost legally bound to say “Why finance, of course. How much do you need?” Here’s why my banker alter-ego is actually right this time around.

Market Outlook and Emerging Trends

March 21, 2012 By Andrew Mallalieu

Real estate clock

 

Last year I opened the Pink Pages by speaking to uncertainty in the market. This year I thought I would provide you with “miscellaneous ramblings” of what we have seen in the market and what we are likely to see. While it is probably impossible to predict with complete certainty the direction of the market in every segment, I hope that from these perspectives you will have an indication of the direction that the market is likely to take. (Please do not skip to the conclusion as it may make no sense without following the progression in thought.)

Ten Reasons to Love Valley View!

March 05, 2012 By Marita Greenidge

Valley View

 

 

Valley View is the island’s newest neighbourhood. Located in Vaucluse, St. Thomas, adjacent to the desirable Countryside neighbourhood, the development features 37 architecturally styled and designed homes set in a cool, convenient location with gorgeous country views. This development is one of the most compelling offers on the market today! Here’s why:

Condominium Returns in Barbados: A Comparative Analysis

March 02, 2012 By Hayden Hutton - CCIM

Sapphire Beach Patio

 

Globally the residential markets continue to underwhelm with only a handful of markets demonstrating year on year price growth. A recent Business Week article appropriately characterised the sector as ‘limping into 2012.’ The Irish and Spanish markets continue to lead the underperforming category, while conversely the Canadian and French markets have experienced up to 5% inflation-adjusted YOY price growth. In addition to the obvious fundamentals, this growth is underpinned largely by a tighter supply and a considerably more sensible approach to underwriting residential mortgages.

Valley View Barbados - LAUNCHED!

February 16, 2012 By Kathy-Dawn Burke

Valley View Barbados LaunchThis morning several Barbadian real estate agents had the opportunity to view the island's latest property released to the market ... Valley View. A new 37-home community in Vaucluse, St. Thomas, priced from BBD $722,000 (including house and land), this new development demonstrates one of the most compelling options for middle-income homes in Barbados.

Real Estate News from the UK Market

February 13, 2012 By Ramona Smart

Prices in Prime Central London climbed January 2012

 

 

 

Knight Frank, a leading independent global residential and commercial property consultancy, and the UK affiliate of Terra Caribbean sister comapny, Bajan Services Ltd., recently released an update on the UK Residential Market. I'm delighted to share this report which gives a snapshot of the UK housing market in January 2012.

Holetown Celebrations Start This Weekend

February 10, 2012 By Kathy-Dawn Burke

Holetown Barbados monument

 

The 36th annual Holetown Festival kicks off this weekend in celebration of 80 English Settlers that landed in 1627, sometime between February 17th and 20th. Each year the island marks this occasion with a week of festivities.

Back then accomodations would have been non-existant, but now as we all know, the areas surrounding Holetown boast some of the finest homes and communities in Barbados.  Real estate on the West Coast of the island ranges from the modest Sunset Crest bungalow to the lavish Sandy Lane estate villas, with commercial buildings and beachfront apartments all available in the mix.

 

Check out the week's activities, and a short video on some Barbados property picks we think you might like.

Barbados Property for Sale Under US$400,000

February 03, 2012 By Alexis. N. Trotman

Barbados Property for Sale Under $400,000

 

 

 

Whether it’s your first real estate purchase or you are looking for a sound investment, for just under US $400,000 you can have your ideal Caribbean home. From beautiful finishes to excellent locations, our Barbados real estate suggestions are fresh and exciting

Hot Value!

December 16, 2011 By Marita Greenidge

South View

 

It’s the best value for property on Barbados’ South Coast. With prime land lots averaging 8,500 sq. ft. in size and starting at US$ 99,000, South View is five-star value! 

SWEET Property Returns!

December 15, 2011 By Marita Greenidge

Sapphire Beach1.jpg

 

Returns are certainly satisfying at Sapphire Beach!

 

Featuring modern, competitively priced, beachfront units, this condominium complex is a great investment opportunity.

Expanding Our Knowledge to Serve You Better!

November 11, 2011 By Marita Greenidge

Terra Caribbean has strengthened its brokerage and advisory department expanding the range of services offered to clients. We are delighted to announce that Director of Brokerage and Advisory Services, Hayden Hutton, has become the first real estate professional in the island to be awarded the prestigious Certified Commercial Investment Member (CCIM) designation.

Where Have We Come From – Where Are We Going?

October 10, 2011 By Andrew W. Mallalieu

Barbados Real Estate Certainty is what we want; uncertainty is sometimes what we get. Making real estate decisions in times of uncertainty requires good research, experience and courage. We have seen courage paying off in the past six months; and we have seen weakness punished. My father told me that the best time to buy something was when you did not need to buy, but the vendor needed to sell. The reverse is also true.

Barbados Land Tax Ease!

September 05, 2011 By Symon Clarke

The Honourable Christopher Peter Sinckler, M.P. - Barbados

 

On Tuesday August 16th, The Minister of Finance, The Honourable Mr. Christopher Sinckler presented to the House of Assembly, the Financial Statement and Budgetary Proposals for the year 2011. Relevant to the real estate industry, there was a proposal to modify the land tax value bands, which at first glance would mean lower taxes.

The Root of Buying and Selling Property in Barbados

August 09, 2011 By System Administrator

 

Legal ProcessLEX Caribbean explains the laws and procedures of buying and selling Barbados property in their article taken from The Red Book 2011, written by Vidisha Hathiramani and Alana Goodman-Smith. We trust you will find this informative and please let us know if there are any other questions or comments you might have on the subject.

When buying or selling real estate in Barbados, purchasers and vendors alike often wonder what goes on behind the scenes, in terms of the process involved. Sometimes this question is posed in relation to the length of time it may take ...

The Gardens at South View - Well on the way!

July 27, 2011 By Kathy-Dawn Burke

South View entry wallsThe Gardens townhouses at South View in Kent are well under way.  Construction of the first ten units is moving ahead on schedule and the building team at Creative Designs Barbados Limited are up to roof level on most of the units.

Take a look at some of the progress photos here, and give us a call to arrange a site visit (246) 421-HOME (4663)

When Reality Bites In Paradise - Covering Your Assets

July 12, 2011 By Kathy-Dawn Burke

Tranquil Caribbean ocean BarbadosBeing the start of our hurricane season we thought we would share one of the informative insurance articles from The Red Book 2011, written by Richard Ince of CGM Gallagher (formerly Atria Insurance Brokers) ... Enjoy! We hope you will find it helpful and please let us know your thoughts!

So, you have found your “dream-of-a-lifetime” home! You walk off your patio and it is twenty yards to a perfect Barbados beach encircled by the calm blue water of the Caribbean Sea. A natural paradise!

Land Tax 2011

June 29, 2011 By Andrew Mallalieu

Within the past week the new notices of valuation have been arriving at mailboxes around the island.  In Barbados, every three years is a valuation year. The last valuation year was in 2008, thus making this year, 2011, a valuation year as well. Here is a quick background on the valuation legislation and the process to be followed.

A Tremendous Achievement for Barbados: Bridgetown Now A World Heritage Site

June 28, 2011 By Kim Howard

The Clock Tower at The GarrisonBarbados now has the international distinction of being included on the United Nations-managed World Heritage List. News of this came this past weekend from Paris, France when the World Heritage Committee determined that “Bridgetown and its Garrison deserved a place on the List.” The list includes over 900 cultural or natural sites all over the world, which are deemed to be of outstanding universal value.

Which Smartphone Do You Use?

March 08, 2011 By System Administrator

SmartphonesYesterday comScore, one of the leading Internet marketing research companies, reported that Android has overtaken BlackBerry as the top US Smartphone Platform in the United States.

Housekeeper Vacancies

November 02, 2010 By Kim Howard

We're looking for a few good housekeeping stars!

A Few Good Housekeepers

Barbados Campaigns for Inclusion on the World Heritage List

September 14, 2010 By Kim Howard

Sweetfield ManorHistoric Bridgetown and the nearby Garrison are the first areas to be nominated by the government of Barbados for inclusion on the World Heritage List of the United Nations Educational Scientific and Cultural Organisation (UNESCO). Many believe that should this bid be successful it will be a boon to our tourism industry. Supporters also believe it will ensure that these areas, so closely linked with our colonial history, are well preserved for future generations as development in Barbados continues.

Barbados Rental Property: Flexibility Brings Success

August 23, 2010 By Kim Howard

Karyn Rezende - Agent

In today's highly competitive real estate market landlords can struggle to get properties rented at the rate that they want. For many this creates a dilemma. Should they continue to wait for the right tenant who is willing to pay what they're asking? Or should they consider reducing the rental rate and get a new tenant in the property as soon as possible? Of course there are advantages and disadvantages in either approach.

For Rent to Rented - Nine DOs and DO NOTs

August 18, 2010 By Kim Howard

Just RentedMost people who offer property for rent want a tenant moved in as soon as possible. Recently we helped one of our clients to get their apartment rented in just over 48 hours! The client was thrilled, the tenant was thrilled and so were we. While scenarios like this are uncommon, there’s much that can be done to reduce the length of time it takes to get your property rented. Here are some key tips to take you on the fast track from “For Rent” to “Rented”.

First Time Buyer: Securing Property

August 06, 2010 By Kim Howard

After seeing one of our emailsLand For Sale with land for sale in Barbados, Ron, a first time buyer sent us a question. He asked:

How much would I have to pay upfront to secure this piece of land?

We’re always happy to answer real estate questions, especially from a first time buyer!

Happy Birthday Sir Garry

July 28, 2010 By Kim Howard

Garry Sobers, when you call his name...he's the one and only!

 

Sir Garfield Sobers

Today marks the birthday of Barbados' only living national hero - Sir Garfield Sobers. Born 74 years ago, Sir Garry as he is widely known, is a cricketing legend heralded in the Caribbean and across the globe. Wherever people play cricket they know of Garry Sobers and we thank him for placing Barbados and the Caribbean on the map.

The New Lanterns Mall

July 27, 2010 By Kim Howard

The new LantBella Casa Design Studioerns Mall in Hastings is the newest addition to the Barbados retail landscape.

Four stores including the Bella Casa pictured here, have opened their doors to customers and are already proving a welcome destination for people on the south coast.

Before the end of summer, they will be joined by several other outlets, some new to Barbados and others familiar to local shoppers!

Wherever You Lay Your Hat

July 09, 2010 By Kim Howard

Ever had trouble finding the “right” place to call home or to lay your hat for that matter? Terra Caribbean presents the inaugural edition of the Terra Caribbean Corporate Rentals E-book! A paperless easy to flip through selection of properties for rent in Barbados. Especially designed for those new to Barbados.

Terra Caribbean Corporate Rentals E-Book July 2010

... and Terra Caribbean adds 4!

June 16, 2010 By Kathy-Dawn Burke

Terra Caribbean Barbados - New staff - June 2010

With confidence returning to the Barbados market we are happy to announce the appointment of four new staffers who will assist in the expansion of our service offering in the months to come.

iMovie Real Estate Tours - on YouTube

May 25, 2010 By Kathy-Dawn Burke

YouTube Screenshot - Apes Hill Club

More and more of our Barbados property for sale on Youtube. Check it out via our property pages or go directly to our Terra Caribbean Real Estate - YouTube Channel.

Everyone Counts - Population and Housing Census 2010

May 17, 2010 By Kim Howard

Have you driven through St. Philip recently? The island’s largest parish is a hub of housing activity!

Checkmark

Terra Caribbean Backs Return of Mayers Brothers to Sol Rally Barbados

May 14, 2010 By Kathy-Dawn Burke

M&M Boyz - Barry and Roger Mayers

Sol Rally Barbados is one of the premier annual sporting events in Barbados. This year, Terra Caribbean will sponsor the Mayers brothers - Roger and Barry in a BMW M3 during the May 29 and 30 event.

South View Launch

April 20, 2010 By Kim Howard

Pano of land for sale

South View PHASE 1 - Official Launch - Land Lots NOW ON SALE

South View Townhouse - PROPOSED Option A

March 29, 2010 By Kathy-Dawn Burke

South View Townhouse A - Elevation

Option A of three proposed designs  - view the floorplans for these duplexes here.

The Townhouses at South View

March 26, 2010 By Kathy-Dawn Burke

South View Townhouse

Townhouses coming to South View

Vuemont Open House

March 16, 2010 By Kathy-Dawn Burke

Vuemont St. Peter Barbados

 

 

 

 

 

 

 

 

 

Vuemont - Open House - March 19th & 20th - Come see if you'd like to call it HOME!


South View Development - COMING SOON

March 10, 2010 By Kim Howard

South View Development - COMING SOON

New land development on the South Coast is getting set for release.

Have You Heard About Sunrise At Rowans?

February 17, 2010 By Kathy-Dawn Burke

Sunrise at Rowans Under ConstructionSunrise Bathroom

Sunrise at Rowans is on track to be finished in late 2010. It's a new family oriented development in one of Barbados' most well established residential neighbourhoods!

The Terra Challenge - Polo Barbados 2010

February 15, 2010 By Kim Howard

Sapphire Beach Open House

February 12, 2010 By Kim Howard

Sapphire Beach Open House Feb 19

Roaring Seas on East Coast Barbados

December 30, 2009 By Kim Howard

Rough Seas Around Barbados

Surf Effects at Cattlewash