Belmont Estate (282) 1.61 Acres
Available on request
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
Price reduced (November 2022), owner is extremely motivated to sell.
Exceptional home site available at Belmont Estates with views of Long Bay, Jost Van Dyke and surrounding islands and short driving distance to Long Bay, Smuggler’s Cove and Frenchman’s Cay. Paved access road on 2 sides of the parcel and utilities in close proximity.
Last confirmed
- Type
- Land
- Land
- 70,127 ft²
What people say about British Virgin Islands
Foreign buyers in the BVI who are not Belongers need a Non-Belongers Land Holding Licence before they can hold property.
- Mixed Non-belonger land holding licence is required and slow; official guidance says 3-5 months, readers say a year or more
- Concern Stamp duty 12% for non-belongers vs 4% for Belongers, plus land and house tax
- Mixed Rental use is now built into licences but a trade licence is still required
- Concern Property insurance is costly after Irma and Maria; under-insurance hurt owners
Cost of entry
The asking price is not what it costs.
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