Caribbean MLSReal Estate

6 Bed 4 Bath Home in US Virgin Islands

Not published

The brief

The reason to consider it.

An opportunity to recreate a home to your own specifications. The upper level has five bedrooms and three baths. This home has been empty for years and requires significant renovation including a new roof. It is located in a family neighborhood near the bus line and just minutes to shopping and to the East End.

Last confirmed

Type
House
Land
10,021 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