The Definitive Buy-to-Let Guide in Barbados
Barbados is one of the most alluring holiday destinations in the world, making it a lucrative investment for property due to unprecedented demand for high-value assets.
Realise the potential of the Barbados property market with Royal Westmoreland’s comprehensive guide and Barbados buy-to-let tips.
Can foreigners purchase a buy-to-let property in Barbados?
Yes, foreigners can purchase a buy-to-let property in Barbados – in fact, the Barbadian government encourages non-Barbadians to pursue home ownership!
There are no ownership restrictions on Barbados properties, regardless of whether you wish to live in a property, invest in fractional ownership, or use a villa as a Barbados rental property investment.
However, you must make sure you obtain permission from the Barbados Exchange Control Authority to ensure foreign currency transactions comply with regulations.
For a full legal breakdown, check our full Barbados property law guide.
Buy-to-let for long-term rentals in Barbados
Barbados is an incredibly popular holiday destination, but there is also a thriving long-term rental market.
Long-term rentals in Barbados will provide you with a stable, year-long rental income, in contrast to the seasonal income that comes with short-term lets. Long-term lets also mean you have to advertise the property less frequently, as you’ll be hosting tenants for a longer period of time.
Demand from long-term rentals will mainly come from Barbadian residents, foreign workers and retired people looking to move to the Caribbean for their golden years.
Long-term rental market in Barbados
The long-term rental market is stable in Barbados, making it a very viable option for those who have less time to manage a property that’s often switching residents on a short-term let model.
Buy-to-let for short-term rentals in Barbados
Short-term rental property in Barbados is ideal for capitalising on Barbados’ status as an ultra-desirable holiday destination, with plenty of tourists looking for a luxurious place to stay during the holiday season.
Luxurious properties with close access to Barbados’ stunning beaches, dining hotspots and golf courses are likely to be in highest demand due to their popularity with tourists, so be sure to consider your short-let rental investment property carefully.
The current state of the Barbados short-term rental market
The state of the short-term rental market in Barbados falls in line with the current state of the Barbados tourism industry, which has been booming for decades.
Increasingly seen as an aspirational holiday destination year-on-year, Barbados is an excellent location to invest in the short-term rental market.
Recent reports have shown the short-term rental market growing by nearly 10% as of May 2025, and the steady appreciation of property island-wide.
Best areas in Barbados for a buy-to-let property
There are plenty of excellent locations to invest in buy-to-let properties in Barbados, including:
- St James: Located on the prestigious west coast, St James is a premium location for investment thanks to its golden beach, proximity to golf courses and popularity as a tourist destination.
- Christ Church: Lively nightlife, close access to beaches, and a short distance from the airport make Christ Church an ideal spot for short-term lets.
- St. Philip: An affordable, but developing area with great access to beautiful beaches makes St. Philip a fantastic option as a long-term buy-to-let.
- Bridgetown (St. Michael): The Barbadian capital is an attractive location for business travellers, expats and tourists, making it an attractive location for year-round rentals.
These are just a few examples of areas you may invest in a buy-to-let property, but there are countless more to discover.
How to buy a rental property in Barbados
Royal Westmoreland can help you buy a rental property in Barbados, offering properties for sale in Barbados ranging from luxury villas to beachfront townhouses.
Contact our helpful team today on +44 (0)1524 917317 or email at property@royal-westmoreland.com to begin your Barbados rental property investment.