Caribbean MLSReal Estate

27.26 Acre Lot

Not published

The brief

The reason to consider it.

Development Opportunity. Unlock the potential for this tranquil property on the West Side, that is set in a serene and naturally beautiful area of the island, with breathtaking ocean views. This 27.26 acre parcel offers exceptional flexibility and investment value. Perfectly suited for a residential community or investment subdivision. This acreage offers the space create and design a project that fits your vision.

Last confirmed

Type
Land
Land
1,184,009 ft²
Zoning
R-1
Permitted uses
Residential community, Investment subdivision

What this listing includes

  • Ocean view
  • Water storage

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