I recently attended the property auction held by the Barbados Revenue Authority. It was a full house as investors came out in the hope of securing a good deal. Over 15 properties were initially up for grabs but whittled down to 3. The Revenue Authority does try to make arrangements with those who are in arrears. Sale of the property is an absolute last resort. The 3 properties sold for just over $4M in total. | Barbados Real Estate
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