Caribbean MLSReal Estate

Land Investors Dream - Endless Development Opportunities

Not published

The brief

The reason to consider it.

Rare opportunity to own a piece of Saint Lucia’s history in one of its most desirable locations. Over 10 acres of pristine land available for development with reasonable neighbours. Ideally located in Bellvue, Gros Islet, on the doorstep of Cap Estate - the Boardwalk and Park Place of the nation, the location is primed for tourist, residential or commercial development. Nearby amenities include the Sandals Golf Course, Pigeon point, the town of Gros-Islet and the culinary delights and nightlife of Rodney Bay. This location represents immense value with the promise of significant returns on your investment. The opportunities are endless.

Last confirmed

Type
Land
Land
446,487 ft²
Zoning
residential/tourist or commercial
Permitted uses
Tourist, Residential, Commercial

What this listing includes

  • Ocean view
  • Mountain view

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

Read what people say, based on 11 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