The Ultimate Buying Land in Barbados Checklist
The Ultimate Buying Land in Barbados Checklist
Everything You Need to Know Before Purchasing Land
Buying land is one of the most exciting investments you can make. Whether you’re planning to build your dream home, develop rental properties or simply invest for the future, taking the time to complete proper due diligence can save you thousands of dollars and prevent costly mistakes.
Use this checklist before making an offer.
- Define Your Goals
Before you start viewing land, ask yourself:
☐ Am I buying to build immediately?
☐ Am I buying as a long-term investment?
☐ Am I planning to retire here?
☐ Will this become a holiday home?
☐ Is the land for commercial or residential use?
☐ What is my total budget, including legal and development costs?
- Check the Location
The right location is just as important as the land itself.
Consider:
☐ Proximity to schools
☐ Medical facilities
☐ Shopping
☐ Beaches
☐ Restaurants
☐ Public transport
☐ Main roads
☐ Employment centres
☐ Future resale value
☐ Rental demand
Ask yourself:
Will this location still suit my needs in 10–20 years?
- Understand the Neighbourhood
Visit the area:
☐ Morning
☐ Afternoon
☐ Evening
☐ Weekend
Check:
☐ Noise levels
☐ Traffic
☐ Nearby businesses
☐ Neighbouring properties
☐ Future developments
☐ Community atmosphere
- Survey and Boundaries
Never assume the boundaries are correct.
Confirm:
☐ Recent survey plan available
☐ Boundary markers visible
☐ Acreage confirmed
☐ Dimensions verified
☐ No encroachments
☐ No boundary disputes
If in doubt, instruct a licensed land surveyor to verify the boundaries.
- Planning and Zoning
Before purchasing, confirm:
☐ Residential zoning
☐ Commercial zoning (if applicable)
☐ Agricultural restrictions
☐ Coastal Zone regulations
☐ Building setbacks
☐ Height restrictions
☐ Environmental protections
☐ Tree preservation requirements
☐ Development restrictions
Ask:
Can I build the type of property I want?
- Utilities
Check availability of:
☐ Water
☐ Electricity
☐ Internet/Fibre
☐ Telephone
☐ Sewer connection
☐ Septic system suitability
Utility connections can significantly affect development costs.
- Road Access
Confirm:
☐ Legal access
☐ Public road
☐ Private road
☐ Right of way
☐ Road maintenance responsibility
☐ Suitable access for construction vehicles
- Drainage and Flood Risk
Ask:
☐ Does water collect on the site?
☐ Is the land prone to flooding?
☐ Are there drainage channels nearby?
☐ Has flooding occurred previously?
☐ Will additional drainage works be needed?
- Topography
Understand the land’s characteristics.
Is it:
☐ Flat
☐ Gently sloping
☐ Steep
☐ Rocky
☐ Filled land
☐ Elevated with views
Sloping land may offer stunning views but often increases construction costs.
- Soil Conditions
Especially important before building.
Ask whether:
☐ Soil testing has been completed
☐ Additional foundation work may be required
☐ There are rock formations below the surface
- Services and Infrastructure
Nearby:
☐ Supermarkets
☐ Schools
☐ Healthcare
☐ Police station
☐ Fire station
☐ Public transport
☐ Parks
☐ Beaches
- Legal Checks
Your attorney should confirm:
☐ Good title
☐ No outstanding mortgages
☐ No legal disputes
☐ No easements affecting development
☐ No restrictive covenants
☐ Correct ownership
☐ Taxes up to date
- Costs Beyond the Purchase Price
Budget for:
☐ Attorney / Legal Fees: Approximately 1% to 2.5% of the purchase price
☐ VAT on legal fees (where applicable)
☐ Survey costs -normally paid by the Seller
☐ Mortgage fees – 0.5% to 3% if you are financing the land purchase with a bank loan
☐ Bank valuation (if required) approx.. 0.25% of the property value plus VAT
☐ Land Tax – The annual property tax will be pro-rated between the buyer and seller at closing.
☐ Utility connection fees
☐ Site clearing
☐ Architectural plans
☐ Engineering reports
☐ Planning application fees
☐ Construction costs
☐ Landscaping
☐ Boundary fencing
- Future Development Potential
Ask:
☐ Is the area growing?
☐ Are new roads planned?
☐ Are schools expanding?
☐ Will nearby developments increase property values?
☐ Could future construction affect my privacy or views?
- Investment Potential
Consider:
☐ Future appreciation
☐ Rental demand
☐ Holiday rental opportunities
☐ Ease of resale
☐ Demand in the area
- Environmental Considerations
Check:
☐ Mature trees
☐ Gullies
☐ Watercourses
☐ Protected habitats
☐ Coastal erosion (where applicable)
☐ Prevailing winds
☐ Sun orientation
- Before Making an Offer
Ask yourself:
☐ Does the asking price reflect market value?
☐ Have I compared similar land sales?
☐ Am I comfortable with future building costs?
☐ Have I inspected the site personally?
☐ Have I spoken with my attorney?
☐ Do I understand all legal obligations?
Top 10 Mistakes Buyers Make
❌ Buying without a survey
❌ Assuming utilities are available
❌ Ignoring drainage
❌ Forgetting legal costs
❌ Not checking planning restrictions
❌ Buying solely because of the view
❌ Overlooking road access
❌ Failing to research the neighbourhood
❌ Underestimating construction costs
❌ Rushing into a purchase
Land Viewing Scorecard
Rate each property (1–5)
Location ⭐⭐⭐⭐⭐
Views ⭐⭐⭐⭐⭐
Privacy ⭐⭐⭐⭐⭐
Access ⭐⭐⭐⭐⭐
Utilities ⭐⭐⭐⭐⭐
Neighbourhood ⭐⭐⭐⭐⭐
Investment Potential ⭐⭐⭐⭐⭐
Ease of Building ⭐⭐⭐⭐⭐
Overall Value ⭐⭐⭐⭐⭐
What the Buyer Does Not Pay
- Property Transfer Tax (2.5%): Traditionally paid by the seller.
- Stamp Duty (1%): Traditionally paid by the seller.
- Real Estate Agent Commissions: Paid by the seller
Final Thoughts
Buying land is more than purchasing a piece of Barbados—it’s investing in your future. The right parcel can become your dream home, a profitable investment or a lasting legacy for generations to come.
Take your time, ask questions and work with experienced professionals to ensure your purchase is based on knowledge, not emotion.
Need Expert Advice?
At Coombes & Co. Caribbean Real Estate, we help buyers find the right land, understand planning and legal considerations, assess investment potential and navigate every step of the purchase process.
Contact us today to arrange a complimentary land-buying consultation and let us help you find the perfect foundation for your future.