Caribbean MLSReal Estate

Ocean Front Bed and Breakfast in St. Thomas

Available on request

The brief

The reason to consider it.

Looking for a lifestyle upgrade or passive income? This bed and breakfast opportunity occupying a prime location within walking distance of Red Hook and the St John ferry terminal has you covered. Fully licensed with an established clientele, solid masonry construction and plenty of opportunity for expansion of value added amenities, this rare offering fills a critical niche in VI tourism offerings certain to grow in the future.

Last confirmed

Type
Commercial
Use
Hospitality
Interior
Available on request
Land
Available on request
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