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Properties For Sale - Barbados Real Estate
07 Dec, 2007 MCM Realty
 

MCM Realty the sister company of MCM (caribbean) Tours has several properties for sale in Barbados. Among these properties are four attractively priced options that are very suited to non-nationals looking to aquire vacation and/or investment property.

Of these four properties, two are located in or close to Holetown on the famous West Coast and two are located in Maxwell on the very popular South Coast. The two properties on the West Coast are newer, one having been built in 2006 and the other in 1999. On the other hand, the two South Coast properties were constructed in the late 1970's and early 1990's respectively. All are priced to reflect their status.

Set out below are some details of the properties in order of age:
  1. 3-bedroom, 3-bathroom house, in Halcyon Heights, Holetown, St. James priced at US$650,000. Floor area - 2,100 sq. ft., land - 17,000 sq. ft. two minutes drive (10 minutes walk) from the lovely beaches in and around the Holetown area.

  2. 2-bedroom, 2-bathroom villa in Jamestown Park, Holetown, St. James priced at US$600,000. Floor area - 1,700 sq. ft., land - 9,000 sq. ft.

  3. Block of four 2-bedroom, 1-bathroom apartments in Fairholme Gardens, Christ Church priced at US$550,000. Floor area - 4,064 sq. ft., land - 9,880 sq. ft. Each apartment is approximately 1,000 sq. ft. with two located on each of the two floors of the building. They hold much potential as a worthwhile investment to a buyer particularly if they are upgraded and converted to condos for resale. By spending between US$150,000 and $250,000 conservatively speaking a profit of 75% of the overall investment is possible within 18 months of acquisition. The apartments are about 7 minutes walk from the beach.

  4. 3-bedroom, 3-bathroom house in Fairholme, Maxwell, Christ Church priced at US$335,000. Floor area - 1,700 sq. ft., land - 8,576 sq. ft. It is favourably located 5 minutes walk from the lovely Maxwell beaches, it will make a good vacation or investment property. With as little as US$100,000 spent on renovation, it will be possible to make an immediate profit of 30% on the total investment upon resale.

These properties are all in extremely safe and sought after locations. To get further information on these or any other properties use this website's email or contact form or email directly to MCM Realty at mcmaster@caribsurf.com or call (246)438-8687.

 

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