Real Estate Calculator
- Simple calculation — average price of residential real estate, commercial real estate and industrial premises in the region
- Detailed calculation — the location of the property, the type of building, repairs and infrastructure are taken into account
You can find out the cost of PURCHASE or RENTAL:
- residential real estate: apartments and houses
- commercial real estate: offices, showrooms, shops
- industrial real estate: workshops, warehouses, hangars
Real estate in Jamaica has been an attractive investment opportunity due to the country's natural beauty, warm climate, and growing tourism industry. The real estate market in Jamaica is diverse, ranging from luxury villas and vacation homes to commercial properties and land for development.
Montego Bay, Ocho Rios, and Negril are some of the main areas that attract investors due to their beautiful beaches, vibrant culture, and high demand for real estate. The country also offers investment opportunities in the agricultural sector, particularly for properties related to the production of coffee, sugar, and other crops.
Foreigners are permitted to own property in Jamaica, and there are no restrictions on the type of property they can own. The process for purchasing property is relatively straightforward, and investors can work with a local real estate agent or legal expert to navigate the process.
The real estate industry in Jamaica is regulated by the Real Estate Board, which oversees the issuance of licenses to real estate professionals and regulates the industry's activities. There are also several real estate associations, such as the Realtors Association of Jamaica, which play a significant role in the industry's development and growth.