0.9 Acres Lormer Bay
Available on request
2 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
0.9 Acres Lormer Bay
Lot/Land — For sale
Location: Brewers bay, Tortola North Central, British Virgin Islands
Address: LORMER BAY, TORTOLA VG1110 , BRITISH VIRGIN ISLANDS, Brewers bay, Tortola North Central
Lot size: 39,204.00 Sq. Ft.
Features: View
- Year built
- 2024
- Type
- Villa
- Land
- 39,202 ft²
- Zoning
- residential
- Topography
- hilltop
- Permitted uses
- Single family
- Interior
- Available on request
What this listing includes
- Beachfront
What people say about British Virgin Islands
Foreign buyers in the BVI who are not Belongers need a Non-Belongers Land Holding Licence before they can hold property.
- Mixed Non-belonger land holding licence is required and slow; official guidance says 3-5 months, readers say a year or more
- Concern Stamp duty 12% for non-belongers vs 4% for Belongers, plus land and house tax
- Mixed Rental use is now built into licences but a trade licence is still required
- Concern Property insurance is costly after Irma and Maria; under-insurance hurt owners
Cost of entry
The asking price is not what it costs.
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