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Real estate in Lazaretto
The Saint James region in the tropical paradise of Barbados draws in a swarm of international property seekers and investors. If you're exploring options for your ideal residence, or a seaside apartment for sale in an idyllic locale, Lazaretto should be your ultimate choice. This splendid area in Saint James with its coastal retreat and traditional pastel-colored houses has been fondly referred to as the "Rainbow Hamlet" for its vibrant architecture and panoramic landscape. Before you reach out to a local property dealer, gather knowledge about the area's property market, what real estate options Lazaretto has on offer, and the average costs associated with owning a vacation home in such a distinctive location. This will not only ensure that you make an informed decision but also provide you with a preview of the diverse types of properties - varying from contemporary residential houses to historic villas, all nestled in an environment that promises a tranquil lifestyle, paired with the excitement of coastal living.
Lazaretto properties: Market trends overview
The real estate market in Lazaretto, Saint James, Barbados has been witness to a consistent growth in property prices, making it enticing for overseas buyers and investors, notably from Scandinavian nations, the UK, Germany, and the USA. With its beautiful beachfront location, Lazaretto is idyllic for those seeking a tranquil lifestyle, whilst also offering the excitement of a dynamic holiday due to numerous recreation centers, premier golf clubs, and smooth access to vibrant Bridgetown. Known for its picturesque coastal ambience, deep cultural roots, and superior living standards, Lazaretto is an attraction for property seekers. In recent years, the local administration of Saint James has augmented investments in urban development, offering a variety of real estate options for both local and international home buyers. These include modern townhouses, apartments, contemporary villas, conventional plantation houses, and luxurious penthouses. Finding a property for sale in Lazaretto, Barbados, that suits every pocket and meets a variety of lifestyle needs is quite straightforward, making this charming beach town highly approachable for foreign buyers.
Average price of a property for sale in Lazaretto
What is the average cost you might anticipate when exploring properties in Lazaretto, Saint James, Barbados? The answer isn't absolute, due to the number of variables that can influence the overall price. These include the property type, its distance from popular locations such as historical landmarks and beaches, available amenities, and of course, personal preferences such as luxury features, size, and accessibility among others. The latest available market data suggests that the highest asking price for a property in Lazaretto was recorded at B$2,066 per square foot. The region with the most expensive real estate is usually found in the area around the Lazaretto Heritage Site. On the other hand, the areas with slightly lower property prices, with an average price per square foot of B$1,503, are located towards the more rural parts of the parish, such as the outskirts around the Lazaretto Community Cemetery. The typical listing price for a house in the area currently hovers around B$565,682.
Types of properties can you find in Lazaretto
Lazaretto, Saint James, Barbados, offers a vast array of properties to choose from. This includes condominiums, extravagant loft apartments, upscale beachfront properties, and traditional Barbadian plantation houses. Most of the desirable properties for sale can be found within exclusive gated communities. Options in this Caribbean paradise range from 3-4 bedroom condominiums with expansive balconies, to splendid homes that span across multiple levels. Each level of these homes features its own entrance along with large balconies and a private kitchen space. There's also the choice of acquiring a newly built villa positioned in a sought-after area within Lazaretto. These villas often boast stunning sea views and are conveniently located within walking distance to the beach. This creates an idyllic living environment for residents, making Lazaretto, Saint James, an excellent choice for prospective property hunters.