Majority of the world’s real estate destinations maybe experiencing a downturn but Jamaica is definitely on a roll. This exotic country is your typical developing country with glimpse of poverty on the side and luxurious golf courses and resorts on the side.  However, beyond the usual scenery lies the beginning of a property boom characterized by the Palmyra Resort which has been transplanted straight from far away Miami. With 11 villas and 277 apartments to cater to tourists and real estate investors at a price of up to $3.5 million for beachfront villas, Jamaica is fast becoming a showcase for high-end living.

The government has recently announced the construction of an 8,500-room resort in Harmony Bay worth $1.5 billion. Plans to develop the island north eastern edge near Port Antonio will also bring about the Errol Flynn Estate, an airport and a casino. The aim of the government, as confirmed by Prime Minister Bruce Golding, is to attract the high-end leisure market. In the meantime, there’s the 890-hectare Tyrall resort near Montego Bay where investors can get hold of their own villas for an average price of $2.5 million. This part of Jamaica has hosted several big time celebrities including Prince Charles and Camilla.