Property For Sale Jamaica
Find property for sale from all over Jamaica, search real estate listings from owners, agents, developers, and hotel owners. You will find a selection of land for sale ideal for building a new home in Jamaica or investment.
Selling Jamaican Property
Homesgofast.com offers exposure to international visitors seeking to buy a home for holidays/vacation, relocation, a second home overseas, or investment. Visited by UK, USA, and European buyers, you can advertise your listings from Jamaica with our service.
Land for sale in Jamaica
Use Homesgofast.com to find building plot land for development in good locations near Montego Bay, in quiet settings with great views of the Blue Mountains and beaches. Find land for sale near visitor attractions like Dunn’s River Falls and Negril’s Seven Mile Beach.
Investing in Jamaica Real Estate
Rental Income: Nonresidents earning rental income are taxed at a flat rate of 25%. Only a portion of the gross rent is taxable for income earned from leasing residential properties.
Investment Property in Jamaica Capital Gains: Capital gains are taxed as part of business income. Inheritance: Inheritance tax is imposed on the beneficiary’s share at 10%, with an exemption for the first JMD1,500,000 of the share. Residents: Residents are taxed on their worldwide income. A great site for investors where you can find independent statistics about Jamaica can be found at the Statistical Institute of Jamaica.
Jamaica Rural Properties for Sale
Recent sales in Jamaica include:
- 2-storey villa in Ocho Rios
- 6-bedroom property in Kingston
- 2-bed apartments in Montego Bay
- Large 4-bed house in Negril
Living in Jamaica
The rental market in Jamaica can be competitive, especially in central Kingston. There are single rooms that can go for JMD70,000. If you’re looking for a studio or one-bedroom apartment, the going rates could be high. It’s important to act quickly when you find a desirable listing. Locals, expats, and tourists all compete for the same accommodations.
Buying a House in Jamaica
Property buying transaction costs are minimal, ranging from 2.40% to 3.40%. The buyer shoulders all costs when purchasing property, which includes the real estate agent’s fee, stamp duty, and registration fee. Real estate agents’ commissions are 1.5% to 2.5% of the sales price, with a value-added tax on the commission. Transaction costs include a stamp duty of 0.8% of the home’s official government valuation.
Kingston Property
Jamaica’s capital and largest city, home to vibrant culture and history, has real estate prices highest in the city center. Some waterfront homes in other parts of Kingston also command top property prices. Jamaica has foreign buyers from Europe, North America, and beyond.
Montego Bay
One of the major population centers in the west, Montego Bay is notable for its beautiful beaches and vibrant nightlife.
Port Antonio Real Estate
The Port Antonio region, known for its lush natural beauty, attracts buyers looking for scenic surroundings. The area is famous for its waterfalls and beaches.
Recent listings include villas and apartments in East Jamaica in Port Antonio – Listed by: Owner or Private.
More areas where Homesgofast.com has helped sell Jamaican Property include:
- Negril Real Estate Listings
- Mandeville Real Estate Listings
- Ocho Rios Real Estate Listings
- Runaway Bay Real Estate Listings
- Falmouth Real Estate
- Savanna-la-Mar Real Estate Listings
- Lucea Real Estate Listings
For more about Jamaica, visit Global Property Guide Jamaica
