Where can I find real estate listings with Jamaican prices?

Question

My husband and I are moving to Jamaica in a couple of months with our 4 youngest children. We have a modest income that will come with us along with some cash from liquidating our belongings here. We have a close friend who is Jamaican living here in US. She shared alot of helpful information with us. Her son just bought her a beautiful home near the beach for $20,000 USD. She said that there is a Jamiacan price and an American price. And that most Jamaicans are very warm, hospitable people and that if you have a friend there that they can help you get the best prices. We want to raise our family in Jamiaca, in a beautiful place with beautiful people. We need help in finding a nice place that we can pay cash for in a nice area. Can anyone help or give advice???

Answer 1

A Jamaican newpaper like The Daily Gleaner.

We have real estate agents that I am sure can be found through a search engine on the computer.

Answer 2

20K us for on the beach seems like quite a low number.  My wives family is from there and land might be able to be got there for that.  We have looked at getting a "vacation" home there, but it seems like it would be to hard to manage even with having family there.  Don't know if there are 2 different prices, pretty sure not.  Here is the best site to look at real esate.

Answer 3

CHECK THIS HOPE i HOPE YOU HAVE LUCK!

Answer 4

US$20k will only get you LAND. The US$5000 noted above is an ERROR or scam. It should read $500,000.

The best way to find lower-than-market-priced property in Jamaica is to have direct/personal or family connection with the seller. You need a reason for a person not to bother with the official market valuation. Sometimes older folks just want to give young people a break. Thats rare but it DOES happen.

As far as US vs JA$ pricing, the most you will find is that sellers will pick an exchange rate that best suits THEM. This would not be more than a 10% variation from the normal exchange rate.

Answer 5

20,000 USD = 1,410,000 JMD

That's not a bad price. There's this website that has a house in Montego Bay for 5,000 USD so that's 352,500 JMD.

Priced at US$5,000. This rental property is located in the cool and quiet neighbourhood of Spring Gardens. It features 7 bedrooms; six of which comes with en-suite bathroom, walk-in closet and balcony. The property is well fruited and comes with a pool.

Extra Feautures :

Air Conditioning, Hardwood, Cooker, Dishwasher, Washing machine, Swimming pool

Area Information :

Just 10 minutes from the town centre. Very quiet.

Here's the house I'm talking about :

http://www.homesonsale.co.uk/tropical_ge...

Check out the website. You might find more nice offers or something that your looking for if this house is not it. This is a really good deal though.