Downsizing is an exciting opportunity for a fresh start with many benefits. By downsizing you will save on costs associated with a larger home, have more cash flow, enjoy shared services, and added lifestyle changes. 

When you list your larger home with us our team can set out to help  find you a smaller condo or townhouse in the meantime. Email info@realtorslimited.com and read on for our five favourite downsized homes on the market now.

1. Increased Cash Flow and Lower Costs

Smaller living spaces usually are less expensive to maintain, plus after you sell your larger home you should have additional cash flow. You will save on the cost of everything from energy bills to maintenance costs and even reduced insurance. Your utility bills should be lower as you are servicing a smaller space. You may also save on split costs like a shared gardener or security guard when buying withing a community.

2. Shared Services 

Living in a condo or townhouse comes with many added amenities, of which the community owners, split the cost. Many condos in Barbados include a pool and garden spaces. Your monthly maintenance fees will be a small portion of the costs of maintaining the pool, garden, gated access or security guard services for example. Always ask what the monthly fees are before purchasing a condo so you can calculate your monthly costs. They will work out to be a lot more affordable that paying for each service on your own.

3. More Time

A smaller home means less time spent on household chores and keeping larger areas organized and clean. How will you enjoy your extra time? Why not go for a swim in the communities’ pool or go for a walk with your new neighbours.

4. Lifestyle changes

Living in a condo provides you with an added sense of security and community. With many neighbours in your area, you should never feel alone. The onsite amenities can provide you with new hobbies like tennis, golf, or simply a place to meet at the club house. 

Properties Ideal for Downsizing

El Sol Sureno Unit 6 – Durants Golf Course

2 bed 2 bath - $347,500 USD

This charming 2-bedroom, 2-bathroom fully furnished condo features an inviting open plan living room and kitchen that flows out on to the patio. The condo also features a roof top terrace perfect for entertaining. Ideally located at The Barbados Gold Club, guests enjoy easy access to the clubhouse, walks on the golf course and the communal pool. 

Harmony Hall Green – South Coast

1 bed 1 bath - $260,500 USD

This new build was just completed and is move in ready from September 2022. Harmony Hall Green is a quiet oasis in the central and bustling Dover area. The community features lush, shared gardens, a communal pool and a soon to be fully equipped gym. The one-bedroom units are very spacious with high ceilings and wide private balconies. There is so much to love about downsizing at Harmony Hall Green. Contact our team to arrange a viewing today.

Forest Hills 7 – Royal Westmoreland

2 bed, 2.5 bath - $850,000

This charming two-bedroom, two-bathroom villa nestled within the highly sought-after Royal Westmoreland Golf Resort on the West Coast of Barbados. Owners within the community enjoy access to the tennis courts, clubhouse, pool, and gym.

Forest Hills 7 is set over two floors with the main floor offering a large kitchen with breakfast bar, open plan living room that flows out onto an expansive covered patio with views of the communal pool and pond. The lower level of the property has two large bedrooms both with ensuite bathrooms, covered sitting areas and direct access onto the landscaped gardens that surround the unit and Forest Hills community. 

Port St. Charles Unit 249 – Oceanfront Speightstown

1 bed, 1 bath - $575,000 USD

Unit 249 Port St. Charles is an intimate, open plan 1-bedroom, 1-bathroom apartment being offered for sale fully furnished with a 30ft private berth for your boat. his beautiful condo offers a large living area which flows naturally between the master suite, state of the art kitchen and large covered patio perfect for enjoying a cup of coffee while looking over the marina. Owners at Port St Charles enjoy the onsite restaurant and bar, 24-hour security, private tennis courts, direct beach access and a dedicated concierge and property management team.

Waterside Condominiums – Oceanfront Paynes Bay

1 bed, 1 bath - $600,000 USD

Want to wake up to the ocean and end your nights with the best sunsets? Waterside is a beautiful place to call home. Amenities include gated access, onsite maintenance, private pool, and elevators for easy access. The units themselves are exquisitely finished and are designed with an open plan that flows naturally out to take in the beautiful ocean views. Waterside conveniently located minutes from all the attractions in Holetown.

Interested in touring of one of these properties or learning more about other smaller homes ideal for downsizing? Email our team at info@realtorslimited.com for more.