Caribbean MLSReal Estate

7 Beds 4 Baths 5,000 Sqft Home

Not published

The brief

The reason to consider it.

Centrally located on the Northside. This home is built like a bunker.

Great for a 1031 exchange because of the rental income or live in and enjoy the income. Newly decorated and ready to move in.

Will consider a lease option. Apts on the 2nd showing. A 2 car garage. 27kw generator.

Last confirmed

Type
House
Land
23,175 ft²
Year built
Available on request

What this listing includes

  • Furnished
  • Parking
  • Backup generator

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