Caribbean MLSReal Estate

4BR house 3crem. Thomas New

Not published

The brief

The reason to consider it.

This property is a proposed remainder of listing 26-551 consisting of a three unit concrete apartment house on 1.57 acres of R-2. Current configuration is two 2x1 apartments and a large storeroom up and an efficiency and large storeroom down. Zoning should support a total of 12 units. There is ample flat land for parking, and sloped view property for further development.

Cool breezes are the norm on this prize country setting. The property has 665 feet of frontage on the main public road. Close to the hospital. See as-built plan.

Last confirmed

Type
House
Land
68,545 ft²
Year built
Available on request

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