Properties for Sale and Rent in British Virgin Islands
More visitors, more foreign buyers. Tourist visitor arrivals are strongly up, and the British Virgin Islands (BVI) has seen an uptick in residential home buying, especially at the high end. In the first half of 2016, the median sales price of villas in the BVI was around US$ 1.9 million, more than double the median price of US$ 665,000 during the same period last year, based on figures released by the Land Registry.
Properties in the main islands of Tortola and Virgin Gorda are popular with foreign buyers, particularly on the western tip of Tortola near Smugglers Cove and Long Bay Beach. Homes with private moorings attract yachting enthusiasts. Demand for waterfront properties is also high. Potential investors are not only looking for houses, but for land to develop—and the BVI is still largely undeveloped. In BVI, land can be bought starting at around US$100,000, versus around US$500,000 for developed properties.
The BVI’s official currency is the US dollar, so foreign investors do not have to be concerned about exchange rate fluctuations. Moreover, as an overseas territory of the United Kingdom, BVI enjoys a stable political culture, strong financial sector, and a high standard of living.
At Beacon Realty BVI personalized service is guaranteed from our team of professional realtors. Our services resonate integrity and efficiency beyond reproach. The confident and responsible nature of a real estate professional’s character is a matter of public concern and that is an attestation of what to expect from the realtors of Beacon Realty BVI Limited.
For British Virgin Islands home, land and property sales, rentals (lettings), we at RE/MAX Luxury Properties BVI (formerly Dougall Real Estate) are your BVI specialists. Leave your house hunt in our capable hands! Whether you wish to buy, sell, rent (let) a home, villa, condominium, apartment or land in the BVI, we are specialists in the BVI and are here to help.
To those who value the unique, British Virgin Islands Sotheby's International Realty is the leading local real estate services provider that can truly provide unrivaled access to qualified people and distinctive properties around the world.