As for possibility of receiving a mortgage loan, it for foreigners, naturally, exists. About 10 mortgage agencies a half from which render services by the visitor work at Barbados. The sum of the credit which the foreigner on purchase of Barbados real estate can take, – about 50-70% from its price. The maximum term of the credit – 15 years. The average interest rate for a mortgage in 2008 made 8,25%.   To the western measures the rate is high, especially if to compare, for example, to the American rate which now was established at the level of 4,7-5%, but it is necessary to pay for stability of economy and excellent weather. By the way, to receive a mortgage on the island, it is necessary to confirm the income, and the main thing, to get approval of the Central Bank of Barbados. Now actually about the question price. On Barbados the main real estate is distributed by three parts of the island – western, east and southern. That that is located on the western coast, the most expensive. In the same place there is also an island capital – Bridgetown. Therefore no wonder that in recent years this part of Barbados was chosen by numerous world celebrities which pushed the prices up. On the average the cost of the "western" house fluctuates from $2 million to $10 million. But it is possible to find cheaper, especially apartments. For example, the The Royal Westmoreland golf club constructed in the mid-nineties offers apartments with one bedroom at the price from $515 thousand, with two bedrooms – from $1,15 million, with three – from $1,66 million. In Saint James district located on the bank of a country house are on sale at the price from $1 million.   If the western coast of Barbados is too expensive, it is possible to go to the south islands. There not so expensively and there aren't a lot of people. But there is the minus – many objects under construction. The prices fluctuate ranging from $350 thousand to $2 million. For example, in two recently constructed Sapphire Beach Condominiums and White Sands Villas complexes of the apartment with one sleeping room are on sale at the price in $700 thousand. In Palm Beach Condominiums the cost of condominiums of 200 sq.m makes about $950 thousand.  

 But if there is a wish even cheaper, then welcome to east coast of Barbados. Unfortunately, because of that that washes it the Atlantic Ocean, locals don't recommend to bathe on beaches of east coast. It is better to behold simply amazing landscapes on beauty. But here it is possible to find really available real estate at the price. And to bathe to go to the south or to the west. The benefit of distance allow: the area of Barbados makes only 430 sq.km. 

For comparison: the area of Moscow is 1081 sq.km, that is is more than two times more. Speaking about the real estate market, it is necessary to mention and about rent especially as during a high season on Barbados – and it lasts from April to November – foreigners remove everything on the island: apartments, country houses, townhouses, a bungalow on a beach. And do it very beforehand. As well as in a case with real estate sale, the highest rates of rent on the western coast. 

The apartment from three bedrooms on the average costs $3000 a month. In the South and the East of the price is lower. The most favorable – to rent housing without furniture. Then apartments with three bedrooms (the truth, actually in bedrooms won't be beds) will offer local agencies at the price in $750 a month. But if after all there is a wish for comfort, and the folding bed isn't located in baggage, it is necessary to take already furnished apartment. In this case similar, but completely arranged apartments will be more expensive twice.