How to Buy Real Estate in Haiti

Categorized | Home, Lifestyle, Travel

Posted on30 January 2012.

In no uncertain terms, Haiti is still in political and economic disarray after the 2010 Earthquake. Despite this, our island of Haiti is a beauty, rich culture and untapped markets still make Haiti a reasonable real estate option. Right now one of the biggest boom in Haiti is Real States. If you had a home in Haiti you can rent it for a reasonable sum to any NGO.

You don’t have to build a 20 floors hotel to make money in Real State in Haiti. Consider building a 2 levels 6 bedrooms Villa, with 6 1/2 baths. Central air conditioning, surround sound system, cable TV & wireless internet throughout. Your Villa would be totally private and secured. The living room would be surrounded by sliding glass doors letting your guest enjoy a fabulous view of the sea.
Your villa would have a gourmet kitchen with all stainless steel appliances. Exercise room that is comfortable and bright and equipped with the best professional exercise equipment.

How much do you think you can rent your Villa for? Well, in the low season with 5 Night Minimum at about $500 to $800 per room. In the High season with 5 Night Minimum at about $1000 more per room, doesn’t this sound interesting. A friend of mine recently visited one such Villa in the Caribbean, take a look at these photos. Villa like this one are found throughout the Caribbean for rent.

Follow these steps to properly decide on buying real estate in island nation of Haiti.

Instructions

1. Think carefully about your reasons for buying in Haiti. Few foreigners look to Haiti as a retirement home possibility, and even fewer think about the island for investment. Both of these facts make Haiti attractive to the island adventurer looking for a non-tourist destination and the business speculator looking to open up a new market. Despite this, careful consideration should go into any Haitian real estate possibility.

2. Look to areas near Labadee if you’re thinking about private real estate. Labadee is a fenced-off piece of Haitian land owned by the Royal Caribbean International company. Since the company goes to great lengths to improve security in the area, Labadee and its environs are a better place to look for private real estate.

3. Find an excellent local attorney and real estate agent. The average property deal in Haiti takes years to finalize and involves numerous laws and government agencies. A local attorney will help bypass a lot of the red tape and pitfalls of purchasing property on the island. An experienced real estate agent will advise you on up-and-coming areas and warn you about common problems on the market, making the investment and commission fees worthwhile.

4. Consider surrounding islands–Tortuga, La Grande Caye and a few other Haitian islands. While they are subject to the same, difficult Haitian property laws, they are slightly more connected to the easy Caribbean lifestyle that attracts tourists to the region.

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