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Jul-24-2008
'Buying Overseas: The Far Side'

Source: The Independant
Published: 19 March 2008

For other less-visited islands that don't yet have direct flights, such as St Vincent may offer good prospects to those who still want a certain level of amenities and services. The island is a 40-minute flight from Barbados. Inland plots start at under £100,000 for around half an acre and it's possible to buy apartments in one of the newer developments from around £110,00. For larger, family-size villas, expect to pay between £200,000 and £400,000, depending on location and size. You won't usually have to fight for space on St Vincent's volcanic-sand beaches, but change may be on the way. A new international airport is scheduled for completion in 2011 and this will bring more visitors and higher prices. David Vaughan of Savills thinks that getting away from the usual haunts in order to find cheaper options is fine if you're sure you don't want to resell or rent out your property. "If you go off the map you can find places that are very peaceful and romantic," he says, "but if you want your home to be an investment, you need to leave romance at home – most tourists want direct flights and a certain level of amenities."