Caribbean MLSReal Estate

Vacant Land on the Ocean in St Thomas

Available on request

The brief

The reason to consider it.

Have you ever dreamt of owning a piece of land on the west side of St. Thomas Virgin Islands. This land is located in a gated subdivision with access to two gorgeous beaches. The land overlooks a newly built hotel with panoramic ocean views. Whether you are looking to build a new family home or a build to create rental income, this property is for you. PROPERTY INCLUDES $115,000 worth of building plans. Seller is Highly Motivated!

Last confirmed

Type
Land
Topography
waterfront
Subdivision approved
Yes
Permitted uses
Single family
Land
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