Terra Caribbean Releases 12th Edition of The Red Book®

BARBADOS (April 24, 2019) – The Terra Group, a well-established and reputable real estate leader in Barbados serving all market segments through its brands Terra Caribbean, Terra Luxury and Blue Sky Luxury, today announced the release of its annual Barbados real estate insights publication, The Red Book 2019^â.  

Terra Caribbean’s highly anticipated Red Book is filled with insightful, well researched and written pieces from some of the industry’s most reputable practitioners and experts.

 The 140-page real estate reference guide is brimming with must-read articles on industry predictions, trends, analyses, along with advice for the investor, homeowner, developer, purchaser, vendor, and even the mere trend watcher.

Andrew Mallalieu, The Terra Group’s Chief Executive is excited about this year’s book and in fact, leads the way with some predictions of his own: “… the local market for mid-range housing will firm up with improving rents and translate into improving values.” He offers this view on the heels of Ross University’s entrance into Barbados and the positive impact this move is expected to have on the real estate landscape. The firm’s Chief Operating Officer, Hayden Hutton added: “… after ten years of sluggish market conditions and with a noted increase in trading volume and sentiment over 2018, the trajectory of the market appears to be changing.”

Terra’s head of sales, Rachel Edwards and her team captivate us with pages and pages of property listings which fill the needs of consumers, offering - from residential, commercial and land sales to holiday rentals, including a peek into the company’s expansion into neighbouring St. Lucia.

The liveliness that is Speightstown is also beautifully captured amongst the pages, reconfirming that this northern town is a gem of an option for development opportunities.

Terra is privileged to have Prime Minister The Hon. Mia Amor Mottley, Q.C., M.P., serve as guest columnist in this issue, where she offers her thoughts on and vision for Education Tourism. Also featured isan excellent behind-the-scenes view from the CEO of Adtalem, Lisa Wardell at how Terra embraced the opportunity to house the student and faculty bodies of the institution that now calls Barbados home.

There’s so much to glean – simply download The Red Book 2019 by visiting terracaribbean.com for articles on The Foreign Exchange Luxury Market, The New Green Paper on Town Planning, The Challenge Of Vacancy In Commercial Rentals, The Digital Revolution Of Real Estate Transactions and more.

About The Terra Group

The Terra Group offers clients a comprehensive suite of real estate and holiday rental services through its brands Terra Caribbean, Terra Luxury, and Blue Sky Luxury. Dedicated teams and resources serve each segment of the Barbados real estate market, including sales, long-term rentals, property and facility management, holiday rentals, and advisory. The Terra Group offers clients over 60 years of real-estate experience and a passion for accumulating, banking and then sharing knowledge to ensure that clients feel comfortable and confident making informed decisions. The Terra Group continues to actively invest in knowledge, resources and new initiatives to refine its portfolio of real estate services and to better serve its clients.