Caribbean MLSReal Estate

4-72 Sans Soucci & Guinea Gut

Not published

The brief

The reason to consider it.

THIS PROPERTY IS SPECIALLY AND UNIQUELY APPROVED FOR CONSTRUCTION OF FRACTIONAL (MONTHLY) OWNERSHIP HOME!

Highest elevation in Virgin Grand Estates. Fabulous views and great breezes from this top tier Virgin Grand Estates parcel with panoramic view of St. Thomas, surrounding islands and colorful, year round reflective sunsets over the water. Large building site in upscale subdivision with paved roads and underground utilities.

Seller reserves the right to retain a temporary easement along the west boundary for construction access to parcel #4-75 (during road paving until completed). Buyer to pay $1000 initiation fee to VG HOA.

A private, gated entry, stamped paved roads, and underground utilities are already in place. Buyer to pay stamp tax.

Last confirmed

Type
Land
Land
22,260 ft²
Zoning
R-2Residential
Topography
hilltop
Subdivision approved
Yes
Permitted uses
Single family, Fractional ownership

What this listing includes

  • Ocean view
  • Gated community
  • On-site security
  • Parking
  • Wi-Fi

What people say about US Virgin Islands

Sources agree that the US Virgin Islands is simple to enter for Americans, since it is US territory, but costly to run once there.

  • Concern WAPA electricity is expensive and outages are routine; backup power is treated as standard
  • Concern Insurance is a hard market: higher premiums, large percentage windstorm deductibles, trouble for wood-frame homes; flood is separate
  • Mixed Closings are attorney-led, take longer than on the mainland, and need a USVI-licensed lender; surveys matter on irregular hillside lots
  • Mixed Condo costs are driven by windstorm insurance; check reserves and master policy before buying

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law