Caribbean MLSReal Estate

Apartment for Sale in Jackson, St Michael, Barbados

Available on request

The brief

The reason to consider it.

A rare opportunity to own a fully tenanted, income-generating property in a high-demand, centrally located area — perfect for long-term rental returns or future residential conversion.

This property comprises 5 well-maintained self-contained 1-bedroom units, all fully tenanted and generating long-term rental income. Each unit features indoor washing facilities and separate entrances. Parking is available on-site.

Future Potential:
This property can easily be converted into a 3-bedroom home + 2 one-bedroom apartments — ideal for owners looking to live and earn, or expand their rental portfolio.

Prime Location in Jackson, St. Michael:
Jackson is a well-established residential area just minutes from the Warrens Business District, The Walk Shopping Centre, Welches, Green Hill, supermarkets, gas stations, and public and primary schools. It’s conveniently located on major public transportation routes and offers quick access to both the West Coast and Bridgetown.

Whether you’re a seasoned investor or a returning national seeking passive income, this property is a solid investment.

Last confirmed

Type
Apartment
Land
3,552 ft²
Year built
Available on request

What this listing includes

  • Parking
  • Laundry

What people say about Barbados

Sources agree that Barbados is an expensive place to live by Caribbean standards, with the west coast (Platinum Coast, Holetown, St James) described as the priciest area and the east and inland parishes as cheaper.

  • Mixed Barbados is expensive overall; the west coast (Platinum Coast, Holetown) is the priciest area, east and inland cheaper
  • Mixed Foreigners can buy freely but should use a local attorney; Central Bank / exchange control approval and registering foreign funds are part of the process
  • Mixed Property transaction taxes: sources disagree on who pays and the rate (2.5% seller-paid transfer tax plus 1% stamp duty vs a 10% non-resident figure)
  • Concern Repatriating sale proceeds is restricted under exchange control; many non-residents use offshore holding companies

Read what people say, based on 12 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law