Caribbean MLSReal Estate

2d-6,7,8,9 Nazareth Rh

Not published

The brief

The reason to consider it.

EAST END NAZARETH DEVELOPMENT OPPORTUNITY!! This is the best opportunity on the East End of St Thomas. Developers take note. Four separate lots with two existing structures for development. One set of plans for 2D-7 has been approved. Three waterfront lots and one that looks down at Secret Harbour Resort. Views are outstanding from every lot. Walk to the sandy white beach at Secret Harbour in minutes! A true treasure for the developer looking to build out a small subdivision. Limited only by your imagination. Crystal clear waters and amazing snorkeling. This is what the Caribbean offers at its finest!! Make your place in the sun a forever dream come true.

Last confirmed

Type
Land
Land
109,996 ft²
Zoning
R-1
Subdivision approved
Yes
Permitted uses
Single family, Tourism, Boutique hotel

What this listing includes

  • Beachfront
  • Ocean view
  • On-site security
  • Gated community

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