This unique development is located in the heart of Rodney Bay Village, and offers 1, 3 or 4-bedroom condominiums in an outstanding atmosphere. Ideally located, the condominiums are just steps away from the beach, restaurants, and the shopping mall.

Standpoint as of November 2007:
There is 1 unit remaining for sale, featuring 3 bedrooms and 3 en-suite bathrooms. Price is as Follows:

Photos taken on 05 April 2007

HOUSE/PROPERTY FEATURES:

Facilities will include the following:
- private docking;
- swimming pool;
- whirlpool;
- private driveway for each unit;
- beautifully landscaped and manicured gardens;
- very high quality of construction (the development is being built by Tropical Homes, one of the most important and successful building companies in St Lucia, with over 15 years experience in condominiums).

Interior:
The interior has been well planned allowing the key rooms to have the best view.
All units have a full-sized kitchen, guest toilet downstairs and en-suite bathrooms in every bedroom.
All major appliances are included. Furniture can either be supplied by the developer or by the client with the assistance of an interior designer.

Exterior:
The buildings will each have their own characteristics and designs yet all of them will blend into a unique style.
Communal docking facilities will be available as well.

FAQ’s

Investment return:
Rest assured that this investment will bring substantial returns in a short period of time for the following reasons:
- Rodney Bay is a well developed are where land is rarefying;
- St Lucia is becoming a highly sort after holiday destination; your property can and will easily be rented out on a long or short term basis.

Legal aspects:
The property is freehold; the homeowner will be given a registration number for the plot of land which the house sits on. Each owner will own a share of the surroundings and common area which the site sits on.

The developer sets up a condominium board which consists of a group of home owners who run and manage the development under the condominium act of St Lucia. The regulations are decided at the first AGM.
If you are a foreigner, you will need to purchase an alien landholding license which will be issued by the government via a lawyer.

COSTS:

Monthly expenses:
There is a maintenance charge which keeps the grounds, paints externally, cleans the pool, pays property tax, dock maintenance, condo insurance, garbage collection and other external maintenance. A non-profit organization set up by the home owners calculates the maintenance charges; this fee has not yet been calculated and will be in the region of USD $500 per month.

Payment Schedule:
10% deposit on exchange of purchase agreement
10% on completion of the ground floor slab
40% on completion of the structure and roof
30% on completion of the building
10% land holding license and completion of sale.

Copyright © 2008 Blue Reef Real Estate. The Blue Reef name and Logo are a registered trademarks of Blue Reef Real Estate Ltd.

[ Properties for sale | Villas for sale in St Lucia| Land for sale in St Lucia | Villas in Cap Estate | Properties for Rent | Selling | Buying in St Lucia| Land for Sale in Marigot ]

Partner Sites: