The BVI is one of the most popular sailing destinations in the world and many passing boaters fall in love with the area wanting to spend more time on the islands. The British Virgin Islands have some of the most spectacular sandy beaches and dive sites in the Caribbean.
Buying a property in the BVI is something that many people consider, but you may be wondering if it makes financial sense? Although the real estate market here is fairly small, it has been unique in its steady growth and stability over the last 20 years and while it may not be one of the most liquid investments, it can still one at a relatively low risk.
The BVI has one of the strongest offshore financial service industries in the world, and with so few people living here (indigenous population of around 15,000) the islands have not had to sell land to private developers to survive. In fact a high proportion of land is owned by BV islanders and the local government has made sure that development is kept at the right pace for the economy which has helped in maintaining the natural beauty of the islands.
Although the process of purchasing property in the BVI may not be as quick as some would like, it is relatively straightforward as noted:
BVI property investment is not for those who want to make a quick buck, it is for those who want to spend more time on the islands enjoying the culture and relaxed lifestyle. There are plenty of properties to choose from such as condos with 2 to 4 bedrooms, 2, 3, 4 and 5 bedroom villas, luxurious beachfront properties and hillside homes. If you are considering a vacation to the BVI, we have a huge selection of vacation rentals and private rentals and our concierge service will ensure that your stay is exactly as you want it to be. Services such as car rental, boat rental, sailing charters private chefs and in villa spa services can all be arranged for you, whatever it takes to make your BVI vacation perfect.