Property for sale in St Lucia ~ Ocean Breeze and Villas on the Green
We are very excited about a number of new developments in St Lucia and around the world, including Portugal, Brazil, Canada and Malaysia. We begin with a stunning range of homes in St Lucia and will have more on the other countries in future blog articles.
St. Lucia presents what by most opinions is now a rarity in the Caribbean: a natural wonderland of lush, mountainous topography and a mostly undeveloped island. Currently, St. Lucia’s commodities are simple: sunshine, crystal blue waters, coconut palms, banana plantations, and radiant colors. Development is certainly occurring, but the island will continue offering raw beauty for many years to come.
Like all Caribbean islands, St Lucia enjoys a hot, tropical climate throughout the year. The average temperatures of 80°F (27°C) tend to be tempered trade winds. The driest time on the island is between January and March but showers can occur throughout the year, however they are usually over quickly. Located between Martinique and St. Vincent Saint covers 238 square miles. This is a physically dramatic Caribbean island, with dense tropical forests, the towering peaks of Gros Piton and Petit Piton, a volcano, sulphur springs, mineral baths and secluded beaches.
So what type of property is available and at what cost?
Mahoe Villas: 125 sq mr villas from $286,650 (£144,500)
Tamarind Villas: 146 sq mr villas from $306,150 (£153,500)
Villas on the Green: Townhomes of 144 sq mr from $555,000 (£278,200)
Villas of the Green Townhomes of 184 sq mr from $660,000 (£334,000)
Villas on the Green 2 Storey Villas of 336 sq mr from $1,260,000 (£631,600)
Villas on the Green 2 Storey Villas of 344 sq mr from $1,320,000 (£661,660)
5% GUARANTEED RETURN OFFER
Villas on the Green is delighted to offer owners a 5% per annum return through a dedicated program which will fun for the first two years of ownership. The program is designed to make it as simple as possible for you to make return on your investment in your home at Villas on the Green.
Main .pdf brochure (4 meg approx), ask for a copy. Click for Website.
Ocean Breeze ~ 1,2 and 3 bedroom villas (From 900 sq ft)
Rising approximately 600 feet above the sea this spectacular hillside development overlooks the panoramic scenery of Rodney Bay, Pigeon Point and Martinique. From this single point you will see captivating views of both the Caribbean Sea and Atlantic Ocean, and a bird's eye view of the Beausejour Cricket Stadium, one of the host venues of the World Cup Cricket 2007. Ocean Breeze is set on 3.4 acres of tropical vegetation and the 30 townhomes are to be built on the peak of Mount Layau. These homes are simply stunning!
For those seeking the privacy and exclusivity of a luxury detached villa, homes at Ocean Breeze offer spectacular views, peace and tranquility and a glorious tropical setting. Each detached villa is designed in a distinctive Mediterranean Andalusian style with great emphasis put on quality, elegance and finish. Plot sizes are very generous and are typically between a quarter and one third acre in size. All villas come with the option of a private
swimming pool wuth a variety of designs and sizes to choose from. A heated spa can also be added if required.
Ocean Breeze .pdf Guide available here, please use contact us to request a copy
Travel, Purchasing and local information ~
Travel, buying in St Lucia and other questions are covered in the St Lucia help document, please see all you need to know, see below.
Interested?
Contact us by clicking the G Curry name at top of article, under main heading, request a .pdf brochure and send us your contact details.
Please note ~
Although all efforts have been made to ensure the accuracy of the information contained in this blog and linked websites and brochures, the contents are believed to be correct, the accuracy cannot be guaranteed and none of the information contained herein will form any part of any contract. All prices and measurements given on properties featured are approximated only and actual measurements may vary and should not be fully relied upon. Prices correct at time of going to print.
Exchange rate is taken as 1.995 Pounds to the US Dollar.
We respect your privacy at all times and do not use any information you may provide for any third party or any other uses.
Please seek professional advice before making any home purchase.
BAY VIEW – All you need to know.
A detached villa residence with westerly &easterly views across the ocean.
There will be onsite facilities and easy access to the beach. Great Quality build, the developer has built projects in the Bahamas (The Coral World resort) and Antigua (Jolly Harbour Resort)
Properties:
140 Villas in total
36 in phase 1, located near the club house
3 bedroom 2 bathrooms
Plots approx 600m2
Fully fitted kitchen
Air con
Ceiling fans
9 ft vaulted ceilings
Choice of exterior colour
Large covered veranda
Landscaped gardens
10 year build guarantee
Made of reinforced concrete
Built to the American Earthquake and Hurricane Codes
On site management company
2 Ikea furniture options
Payment Structure:
$5,000 Deposit
25% on contract
15% start of build
20% at roof
40% at completion
Will begin build once they have pre-sold 45%
Then 22 months build time for whole site (all phases)
Location:
Approx 1.5 hours from Hewanorra Airport
15 minute from Vigie Airport
25 minute walk to Rodney Bay
Golf course 5 minutes away
15 minutes to Atlantic coast
Opposite the St Lucia Cricket Ground
8 hour flight
British Airways, Virgin Atlantic, BWIA & BMI
Buying costs & Taxes
Stamp Duty 2%
Solicitor 5%
Conveyance fee $6,000-$8,000
No VAT or capital gains tax
No income taxes on rentals for the next 10 years.
Vendor tax for selling property is 10%
Buying Process
All foreigners must acquire an Alien Landholding License before receiving the title deed. It's not a problem if you don't have a criminal record - just takes time. Up to now we've recommneded to people to wait until we break ground before starting the process but it's up to them.
Most lawyers charge 3-5% of value. Our lawyer has given us (for our
clients) a quote of 4800 GBP for doing this and other required legal "stuff" (does not include ALL application & license fees).
Before you own property it's almost impossible to get citizenship, after you acquire property it's easier....
Also, if they form a St. Lucia company there are additional tax benefits.
taxes are assessed annually on home value.
Estimated Rental Charges
EFRAT’S (Developers) QUOTE Based on our knowledge of existing rents in St. Lucia we estimate it to be at 1500 USD/month. Rents have been rising steadily for the past several years. We woudl assume that in a couple of yeras they would reach teh same levels as say St. Kitts (2500 USD /week)
REALISTIC QUOTE:
High Season
Jan – March £600
Low Season
April – Oct. £450
ESTIMATED MONTHLY UTILITY CONSUMPTION COST (in GBP) FOR A 2-STOREY CONDO = £140
Maintenance for public (common) areas will be 200-250 USD/month. This does not include gardening on your plot.
Capital Growth Rate
It is generally assumed the real-estate properties in St. Lucia are up by 10-15% each year.
Mortgages
Contact us for details.
Planning Permission
ICC have preliminary planning permission from January 2006 (all that's missing is re-stamping it again once title is transferred).
Surveying the land is required (no official survey exists + we must subdivide the land) and the existing "road" is just a cut in the topography and has no relationship to anything on the map.
We hope to have the title transferred and registered to us by the end of August at the latest (unfortunately I can't give you a date at this time)
Beaches
Atlantic beach is 1 km away, it's a beautiful beach, can be accessed by foot, but isn't yet listed for public use (that's supposed to happen sometime next year). Caribbean beaches are about 3.5 km away, they are "swimming becahes".
Roads on site
Roads will be "proper" asphalt roads with sidewalks and night lighting.
Furniture Pack
Starting price £11,000
Access
Where it shows private access to the inner plots what are the implications for the plots that sits either in front or behind in terms of third party access rights?
Basically the private access roads are to allow vehicular access to those lots.
Third party acess - I wouldn't count on that as some people may fence their properties.
Provisions
Availability of “normal” provisions (Foods that one might be able to buy in the UK) Julian’s Supermarket & JQ’s Supermarket are the two leading chains with island wide outlets. At Rodney Bay both are open seven days a week. I don’t know the exact English products but if anywhere will offer them the above supermarkets will. You will be happy to know that St Lucia is one of the few Caribbean Islands that don’t have a McDonalds or KFC ect it is completely unspoilt by major chains.
Attitude
Attitude of locals towards alcohol consumption, Most St Lucian’s are Roman Catholic therefore Alcohol is allowed and served throughout the Island. ( See Brochure for recommended restaurants).
Climate:-
The Climate is Tropical with Temperatures ranging from the mid seventies to mid eighties. During the hotter time of year (June TO August) temperatures will be amongst the mid nineties. There is a cool constant trade wind which keeps things comfortable. Average Rainfall ranges from 60 inches in the coastal regions to 160 inches in the interior rain forests. The Rainey season is from June – October.
-General sunshine An average of 8-9 hours of sun daily
-Periods with high “Bug” infestations (mosquitoes etc) Like most Caribbean Islands unless you are in the Rain Forest you shouldn’t expect a huge infestation.
Getting to St Lucia
-Regularity/reliability of flights Most Flights from the UK leave from Gatwick airport to St Lucia , in addition BWIA now fly from LHR and BMI have also started a direct service from Manchester and hopes to double the number of flights in the future. During Peak Season a number of tour operators fly weekly between UK and St Lucia
-Need for connecting internal flight/other transport to get to destination It may work out cheaper to fly to Barbados and then across to St Lucia. Taxies are the most Popular way of getting around. Before you hire a taxi settle on a price . In St Lucia they drive on the left.
-Total length of journey from UK airport to destination 8 Hours from UK To St Lucia. Bay View 15 Mins drive from Virgie Airport.
Telephones
-Telephones (reliability/cost) The Digicel Network is based on Superior GSM Technology. Global System for Mobile Communication (GSM) is a European Standard that is now commonly adopted worldwide. When travelling to St Lucia you can stay connected on the Digicel Network. Calls and text messages can be sent and received.
-Availability of P.C.broadband links Cable & Wireless are there
Crime
Local crime situation:- In general St Lucia has one of the lowest Crime Rates in the Caribbean
Politics
Local political situation. Stable? Overall, political stability is good please see www.sedcostlucia.com/stlucia/economy.htm
Medical:-
Quality of local medical care – emergenciesFor an ambulance in St. Lucia, call 911.
-everyday smaller issues
- Serious operations (hip, heart etc)
Medical care is limited. There are two public hospitals: Victoria Hospital in Castries, which is supported by the government, and St Jude's Hospital in Vieux Fort, which is a charity hospital run by the Sisters of Mercy. There is also a private centre called Tapion Hospital, which offers dialysis facilities in addition to a limited range of other services. Travel health services are provided by the Travel Clinic. There is no hyperbaric chamber on St. Lucia. Divers requiring treatment for decompression illness will need to be evacuated from the island. Most doctors and hospitals will expect payment in cash, regardless of whether you have travel health insurance. Serious medical problems will require air evacuation to a country with state-of-the-art medical facilities. EHIC card holders are entitled to emergency medical treatment in the case of evacuation to Martinique, on the same terms as Martinique nationals, of which 70 percent of the costs can be reclaimed.
Schooling
-Availability There are a range of Primary Secondary & Tertiary Education on the Island – Again after citizenship you could apply to a school
help/gardener Unknown
Banking
Local banking situation Banks are open Mon-Fri they are closed on weekends and holidays, However the Bank of St Lucia & The First National Bank are open Sat mornings . Most major credit cards are accepted and all ATM Machines on the island distribute Eastern Caribbean Dollars.