THE ADDRESS Magazine No.20 | Page 85

A dazzling beachfront villa that delivers the privileged lifestyle in the perfect playground W ealthy buyers from the world over are being seduced by the Caribbean lifestyle. Often they arrive as casual visitors, and end up as buyers. Interest in Caribbean real estate continued to grow throughout 2014, especially in Barbados and the British Virgin Islands. A newfound confidence amongst European and American buyers has been particularly important to this growth. Everything from flexible work arrangements, to family ties, taxes, friendly locals and, of course lifestyle, are mentioned by those who are drawn to the region. And while British, American and Canadian buyers remain the primary sources of this influx, demand is growing amongst the Swedes, French and Eastern Europeans. With a global appeal, Barbados, an ex-British colony, continues to enjoy the patronage of high profile international buyers. No other Caribbean island can rival Barbados for the sheer number of luxury villas on the water's edge , nor for the wide range of world-class amenities and excellent infrastructure. Interest is particularly strong amongst sophisticated high net worth individuals. Many come for from one to six months per year and wish to settle in for their stay. Whereas many other Caribbean islands draw visitors, Barbados is www.theaddressmagazine.com 91