Caribbean MLSReal Estate

1 Acre Estate for Sale, L'Hermitage, Monchy

Available on request

The brief

The reason to consider it.

This serene and idyllic estate in L’Hermitage, Monchy, comprises two dwellings, both in need of renovation. Located just 15 minutes from Rodney Bay, it presents a prime investment opportunity for a buyer with vision.

The property boasts panoramic views of the Caribbean Sea, Rodney Bay, and the picturesque mountains. The two dwellings offer potential for transformation into short-term rental accommodations, modern condos, a retreat, or an event center. The generous land space allows for creative landscaping and additional construction, while the existing structures can be customized to meet various needs.

L’Hermitage is a residential area in Monchy with a low-density population, featuring homes in the middle to high-income range. Its prime location offers easy access to public transportation, social services, restaurants, entertainment, and recreational grounds.

Additional features include a 30,000-gallon tank, previously used to pump water to a now-unused pool. The estate features fruit trees, including mango, cherry, coconut, golden apple, and breadfruit, adding to its charm and self-sufficiency.

Last confirmed

Year built
1970
Type
Land
Land
43,562 ft²

What people say about St. Lucia

Sources describe Saint Lucia as workable for foreign buyers, but not as a quick purchase.

  • Mixed Rent first, buy later
  • Mixed Buying costs vary by source (stamp duty 2% to 6%, total closing 2% to 5%, legal 2% to 4%)
  • Mixed Ongoing property tax: one guide says none, another says 0.25% a year
  • Mixed Foreign buyers need an Alien Landholding Licence and a local lawyer

Read what people say, based on 11 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