Buying or Selling Your Jamaican Home

A Few Things to Know Before Buying or Selling Your Jamaican Home 

You must already know that Jamaica and the Caribbean Islands are some of the most unique destinations in the world. With the cultural infusion and authenticity of the people of Jamaica, visitors and owners alike embrace the area's vibe and activity. But if you want to get in on the real estate market in Jamaica, you will want to know all you can about buying or selling your Jamaican Home. 

The Jamaican Real Estate Market 

With several areas to choose from, the market is full of opportunity. If shopping for realty in Jamaica, you will want to consider the areas of Montego Bay, Ocho Rios, Negril, Runaway Bay, St. Ann, and Port Antonio. These areas all offer luxurious properties with beach and/or golf front views. From gated communities to secluded getaways, Jamaica has it all. 

The Details of Buying or Selling Your Jamaican Home 

There is one trick to purchasing and selling property in Jamaica; there is no contract, as other countries would have. Attorneys take care of the conveyancing process along with your realtor. And, so you know, that process can take up to 90 days. In this Conveyance Process, there are five stages to be aware of. 

1. Pre-Contract Negotiations are where the two parties arrive at an agreed-upon price and dates. 
2. Exchange of Contracts is the point at which the paperwork is begun, and deposits and mortgages are secured. 
3. Pre-Completion Procedures is when the Stamp Duty and Transfer Tax are assessed and paid. Then the deeds will be filed. 
4. Completion involves the signing of documents, inspections, and final payments are made to utilities and mortgages. 
5. Post-Completion happens when the 90 days are over, and the paperwork and title are checked for accuracy. That is where the buyer can take residency. 

There is no doubt, this process is long, full of paperwork, and can seem intimidating. That is why a realtor, like one working with Kayifi, can help guide you to the appropriate attorney as well as the property of your dreams. 

Why Invest in Jamaica? 

If you have lived in Jamaica for any time, you know why people invest in Jamaica. From the problematic past, the Jamaicans have pulled together to allow the area to grow and thrive. There is a particular pride the native residents feel, as well as those who invest in Jamaica. Join Kayifi in celebrating a few of the reasons to invest their hearts and lives in Jamaica. 

• The beauty of the Caribbean is unparalleled, no doubt. With gleaming white beaches, dramatic cliffside mountains, lush tropical wilderness, and all the fun, food, and music you care to enjoy, who wouldn't love Jamaica. 
• No matter the age of the family, there are adventures for all who live in Jamaica. Whether you want to stay on the land with sports activities, or head to the water and the beaches, you can't go wrong with investing your family in Jamaica. 
• Jamaica is easily accessed. Flights are available from the United States, Canada, and Europe to one of the three international airports in Jamaica. 
• There is plenty of investment opportunity in the area. New homes, hotels, restaurants, and luxurious resorts are being developed as quickly as they can. With growth opportunities for jobs and investment, business people of all nationalities and Caribbean investors are flocking to Jamaica. 

• With a vibrant real estate market for buyers, sellers, and renters, there are plenty of choices to go around. Whether clients want a new condo, beach cottage, or a luxury villa, options circulate and get snapped up in a hurry. 

So, is there any doubt you want to invest in Jamaica? Not really. All you need to do is contact a friendly and helpful realtor to get the search started for your home sale or purchase. The realtors at Kayifi are more than happy to help you buy or sell your Jamaican property. 

CITED: HG.or