I’ve just recently come back from the UK where the real estate market is experiencing a mini boom. When I asked a number of agents there why they thought this was there were various reasons - lockdown being number one. When things started to open up, everyone who held back went for it. There was a sudden rush for properties with a bit of garden around them. All of a sudden people understood the importance of having some outdoor area, no matter how small. Of course some people had to sell their house for financial reasons due to job losses etc. We have seen activity on a smaller scale here in Barbados with the Barbados Welcome Stamp, where foreigners can come to Barbados and work from here for a year at a small cost www.barbadoswelcomestamp.bb. Local agents have reported that they are busy finding suitable locations for the many that have chosen Barbados as a long term alternative from where to base their work. In the current state of the economy worldwide this is a good move from our Government and an excellent idea - how exciting to be in paradise! In an uncertain time, it has brought long term visitors to our relatively safe environment where they can go to restaurants, explore our attractions and relax on our glorious beaches.
In this edition we welcome back Lucy Agace, our environmentalist consultant and thanks to Mark Hoirns, Architect, for explaining some of the new building regulations. As always, BPN is full of choices whether it’s a home you are looking to buy or rent. This is the time of year Bajans like to ‘spruce up the home’ and there is no shortage of ideas when it comes to furnishing and decorating. We are on line on <http://www.barbadospropertynews.com> and follow us on Face Book and Instagram. Keep positive, follow the protocols and stay safe.
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