Caribbean MLSReal Estate

1 Bed 1 Bath Condo in US Virgin Islands

Not published

The brief

The reason to consider it.

This turnkey unit is an established short-term rental and can convey with existing bookings, offering immediate income potential. The LLC may also be purchased, providing a seamless transition for the new owner.

Ideally located just five minutes from the white sands and turquoise waters of Magens Bay and within walking distance to the renowned Old Stone Farmhouse Restaurant.

HOA fees include wind, flood, and fire insurance, pest control, trash collection, and UV-ray water filtration, adding convenience and peace of mind. This condo is an ideal island escape, income-producing investment, or full-time residence.

Last confirmed

Type
Condo
Land
Available on request
Year built
Available on request

What this listing includes

  • Pool
  • Furnished

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