Investment Properties in Monier Gros-Islet
Not published
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Looking for a lucrative investment opportunity in Monier, Gros-Islet? This property features two buildings with 13 spacious, modern, and well-maintained apartments, ready to generate income. Eight of the apartments are fully furnished, including two luxurious three-bedroom, two-bathroom penthouses. The other five are unfurnished, offering customization flexibility.
The buildings are situated on large lots with ample parking and a vacant lot of over 6000 sq ft available for future expansion. All 13 apartments are currently tenanted, making this a prime investment.
Building A is 7079 sq ft and sits on a lot of 11,393 sq ft. Building B is 7079 sq ft and sits on a lot of 9,262 sq ft. There is also a 6000+ sq ft lot of vacant land for sale, offering potential for expansion.
Last confirmed
- Year built
- 2012
- Type
- Apartment
- Land
- 26,899 ft²
What this listing includes
- Air conditioning
- Furnished
- Parking
What people say about St. Lucia
Sources describe Saint Lucia as workable for foreign buyers, but not as a quick purchase.
- Mixed Rent first, buy later
- Mixed Buying costs vary by source (stamp duty 2% to 6%, total closing 2% to 5%, legal 2% to 4%)
- Mixed Ongoing property tax: one guide says none, another says 0.25% a year
- Mixed Foreign buyers need an Alien Landholding Licence and a local lawyer
The asking price is not what it costs.
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