Real Estate in Worthing, Barbados
Last updated on Jul 20, 2024
Summary: People living in Worthing, Barbados offer advice about real estate. How do you find a home in Worthing? Should you buy or rent? What is the cost of housing?
What is a typical expat home or apartment like in Worthing?
"A typical expat home or apartment in Worthing is often located near the beach, offering stunning views of the Caribbean Sea. These homes are usually fully furnished, featuring a blend of modern amenities and traditional Bajan architecture. They often have spacious living areas, well-equipped kitchens, and comfortable bedrooms. Some homes may also include a private pool or a garden area. The interiors are typically designed to allow plenty of natural light and ventilation, keeping the home cool and bright. Many expat homes are located within gated communities, providing an added layer of security. They are also usually in close proximity to local amenities such as supermarkets, restaurants, and healthcare facilities," remarked one foreigner who made the move to Worthing.
What is the average cost of housing in Worthing?
If you are thinking about moving to Worthing, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Worthing can vary greatly depending on the type, size, and location of the property. For a standard one-bedroom apartment in the city center, the cost can be quite affordable. However, larger, more luxurious properties, particularly those with beachfront views, can be significantly more expensive. It's also worth noting that the cost of utilities and maintenance fees can add to the overall cost of housing. Therefore, it's recommended to do thorough research or consult with a local real estate agent to get a more accurate understanding of housing costs in Worthing, Barbados," said one person in Worthing.
Should I buy or rent a home in Worthing?
If you have not spent a lot of time in Worthing, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Worthing depends on several factors. If you plan to stay in Barbados for a long period, buying a home could be a good investment. Property values in Barbados have been steadily increasing, so buying a home could provide a good return on investment in the future. On the other hand, if you're not sure about your long-term plans or if you prefer not to have the responsibilities of home ownership, renting might be a better option. Renting can provide more flexibility, as it's easier to move if your circumstances change. It's also worth considering your financial situation. Buying a home requires a significant upfront cost, including the down payment and closing costs. Renting, on the other hand, usually requires a smaller upfront cost, typically a security deposit and first month's rent. In addition, consider the maintenance costs. When you own a home, you're responsible for all maintenance and repairs. When you rent, the landlord is typically responsible for these costs. Lastly, consider the lifestyle you want to have. Owning a home can provide a sense of stability and the freedom to customize your space. Renting can offer more freedom to move around and less responsibility for maintenance and repairs. In conclusion, the decision to buy or rent a home in Worthing, Barbados depends on your financial situation, your long-term plans, and your personal preferences. It's a decision that requires careful consideration and, ideally, advice from a real estate professional," said one person in Worthing.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.