Properties for Sale in Mangrove, Saint Philip, Barbados

Real estate in Mangrove

The Saint Philip region in the southeastern corner of Barbados is a magnet for expatriate home buyers and investors. If you're in the market for a captivating home or a luxurious villa for sale at a location graced with sandy beaches and mesmerizing sunsets, your top choice should be Mangrove. This charming town with its coastal skyline, nestled amongst lush greenery, and adorned with traditional Bajan chattel houses, has been affectionately christened as "Emerald Town" for its picturesque landscape and architecture that flawlessly blends with nature. Before making that call to a local real estate broker, take some time to explore what the housing market in this stunning location has to offer. It's worthwhile to understand what types of properties in Mangrove are currently on the market, and what the cost implications are for owning a vacation home in such an exceptional location. Just like Mijas, Mangrove offers a unique blend of scenic beauty, rich cultural heritage, and a lively community life, making it a real gem for those looking to invest in real estate in Barbados. Explore the diverse range of properties available, from modern villas to traditional chattel houses, each offering its unique charm and benefits.

Mangrove properties: Market trends overview

In recent years, the real estate market in Mangrove, Saint Philip, Barbados has seen a stable increase in property prices, making it an enticing investment choice for both local and international buyers, particularly those from Canada, the UK, the USA, and Scandinavia. Mangrove's prime position at the coast offers the perfect blend of relaxed Caribbean living and spirited holiday environment, due to an abundance of recreational centers and golf courses as well as an easy commute to the dynamic city of Bridgetown. The diverse and vibrant location of Mangrove, its rich history and culture, and premium living standards make it an appealing option for home buyers. Over the past few years, the local authorities in Saint Philip have increased their investment in the suburban development, providing a wide range of property choices. These include modern and practical townhouses, condominiums, contemporary villas, traditional Bajan homes, and luxurious penthouses. The range of properties and apartments for sale in Mangrove, Barbados, can meet any budget and lifestyle requirements, making this laid-back coastal town highly attractive to a global audience. This constant flow of investment and global interest ensures a thriving real estate market and a promising outlook for the future.

Average price of a property for sale in Mangrove

So, what should you anticipate to spend on properties in Mangrove, Saint Philip, Barbados? There isn't a definitive answer due to numerous factors that can influence the price. These include the type of property, its proximity to important landmarks, amenities, and personal preferences such as luxurious features, size, and accessibility, among others. Latest estimates indicate that the peak asking price for a property for sale in the Mangrove region was BBD 2,987 per square foot. The priciest properties are typically found in the area surrounding Mangrove Pond, an important wildlife reserve. On the other hand, you can find more affordable options, with an average price per square foot of BBD 2,211, in the area extending along Highway 5. The prevailing listing price for a home in this location is currently around BBD 1,272,145.

Types of properties can you find in Mangrove

In Mangrove, Saint Philip, Barbados, buyers can expect to find a wide variety of real estate, ranging from modern condos to sprawling luxury estates, waterfront villas, and traditional Bajan-style houses. Top-tier properties are often found within secure residential communities. Commonly available are 3-4 bedroom condos, complete with expansive patios, and two-story residences are quite popular. Each floor features a separate entrance, large patio areas, and a fully-equipped kitchen. One can also choose to invest in a newly constructed villa in a highly sought after location in Mangrove, boasting magnificent ocean views, easy access to the beach, and offering an idyllic living experience. Property options in this beautiful region of Barbados are as diverse as its breathtaking landscapes.