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News Posted On: 24 April 2009

Overseas Property Portal Property Abroad have announced the addition of some bargain properties in Barbados. They have Barbados properties, including apartments and villas starting from under £200,000.

Liam Bailey, chief market analyst for the portal said:

"These additions just go to show that the global financial situation is even bringing the possibility of snapping up bargain luxury properties in Caribbean markets like the crème-de-la- crème Barbados.

When I first started working in this industry quarter acres of land were being sold for £225,000, on the coast in St Vincent, for Property Abroad to be listing 1 bedroom apartments in a luxury off-plan development with views of the beach on Barbados for just over £180,000 is amazing."

The development Liam was referring to is the Lakes village development, offering 1 bedroom apartments in Barbados' St Peter's for just £182,066. The Lakes village is situated on the high ground above mile & a quarter.

The village will be closed and become its own community, holding its own events while taking its own part in any regional events. The village, which also offers 2 and 3 bedroom apartments as well as detached 1, 2, and 3 bedroom villas, boasts a whole range of facilities and amenities including: a village hall, clubhouses, swimming pools, tennis courts, communal barbecues with gazebos, a wellness centre and a lakes centre with restaurant.

Another bargain Barbados property brought to you by Property Abroad is the 1 bedroom apartments offered within the Merricks Hotel Spa and Residence, located in the fantastic Merricks Cove and priced from just £225,000.

Merricks Hotel, which also offers studios and 2 bedroom apartments, as well as cliff-top villas and Cabanas, is a particularly good buy because it has its own beach and a fantastic cliff top location in the stunning south east area of Barbados with only a 15 minute car journey to the International Airport and fantastic sea-views. The occupants receive the full benefits of all the 5* hotel and spa facilities, including spas, tennis-courts, swimming pools and much more.

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