Waves Villa Argyle, St Vincent, Saint Vincent

$650,000 USD

Details
Location
All Photos
Plans
Guide

Property Details

FOR SALE
8 Bedrooms
7 Bathrooms
0.46 Acres
3590 Sq Ft
Pool completed 2020
Quiet residential area
Ocean views to Mustique
Pool, Main House and rental apartments
High potential earning capacity
Views of Atlantic Ocean and to Mustique , Balliceaux and Battawia Islands }
Level and gently sloping coastal location , near national park land
Garden
Online Viewing By Request
Parking

"Hear the ocean, feel the breeze"

A wonderful oceanside property in the peaceful residential location known as Big Pond, to the windward side of the Airport - so no disturbances from aircraft. This is a gem of a property with swimming pool and additional rental units - one below the main house and four independent brand new sea facing units available for you to earn rental income immediately.

The main house is

recently renovated and is ready for you move in with good quality fixtures and fittings and excellent condition.

Also benefits from planning permission.

Oceanside Location

Big Pond, Mount Pleasant, in the Parish of St George, on the mainland of St Vincent. The property faces south east for great sunrises, views of the Atlantic ocean and the islands of Balliceaux, Battawia and Mustique.

The entire lot is 20,018 Sq.Ft (approx 0.46 acres) of flat to gently sloping topography which allows the free flow of any surface water during periods of heavy rainfall.

Pool and Spacious Gardens

20ft x 11ft x 5 ft deep Pool newly completed in 2020.

Maturing…..planted with mango tree, bananas, limes and more to come….

Superb 180 ocean Views
Atlantic Ocean, Balliceaux, Battawia, Mustique, Rawacou Salt Pond / Recreation Park

Peaceful

Residential Surroundings with Nature Park close by

Quiet residential area with some grazing lands. Waves Villa benefits from being walking distance to Rawacou Salt Pond and Picnic Park. Great for walking or cycling this is a peaceful area with a very quiet perimeter road around airport with minimal traffic.

The property is on a large lot in a residential area made up of lot sizes of mainly 6-7,000 sq ft. The area is safe and friendly with neighbours who are mostly full time residents. The current owners have lived here and work on Construction projects throughout the Grenadines including Mustique & Canouan, working to a high standard

Easy Beach Access to Rawacou Beach
The house is one of the last before the ocean and the nature park with the swimming/picnic area at Rawacou (just a 5-10 mins walk- please note this is unofficial route). There is also easy access to Rawacou Beach via the road a few mins away.

Safe swimming area is designated in the rock pool at Rawacou.

There are two lovely sweeping wild atlantic beaches for you to explore. The Rawacou beach offers great facilities being the official recreational park equipped with picnic huts with wooden benched seating, BBQ facilities and changing rooms etc

From Rawacou the Grenadine islands chain can be seen.... from Balliceaux, Battowia, Bequia and down to Canouan.

Located Near to Newly Built Airport
This beautiful villa lies within easy access of the new airport providing a great base for tourist villa or for Airport Management level rental or ownership property.

This new airport has the potential to radically shift the focus of Tourism on the island of Saint Vincent. The tradewinds protect the area from any significant airport noise as the property is upwind of the runway.

The new runway cannot be seen from the house but will have a big impact on the area - and increasing property values are predicted.

Ideal Rental Design

The property has been constructed with a view to generating successful rental income. The owner can enjoy private use of the upper level of the main house separate from the other rental areas of the property.

Main House Upper level
Open plan spacious lounge with dining area / kitchen to rear /opening up to front balcony with ocean views

3.5 bedrooms - sunrise from master bedroom

2 x bathrooms

220 and 110 v wired outlets
Solar hot water

No air conditioning as it is a very breezy location

Each bedroom has ceiling fans

Main House Lower level
Good sized one bedroom self contained guest apartment with outside covered terrace
Renting successfully on Airbnb (figures available on request)
Storage / laundry room at ground level

4 New Cottages
4 x newly constructed sea facing cottages each with a covered verandah, bedroom, kitchen and bathroom

These cottages have the appealing appearance of wooden constructions but are built for ease of maintainance and long life with fibre cement boards on concrete block which is weather proof / insect proof / rot proof.

Two of the new cottages have 1 bedroom, 1 bathroom, kitchenette and covered verandas with easy access to the pool.

The larger cottage has two (2) bedrooms, lounge, two bathrooms and full kitchen. The unit can be rented as one 2-bed unit or locked off and rented as two 1-bed units.

Further planning approval:

Planning permission granted for further development of another self contained one bedroom apartment and detached one bedroom house. Architects drawings available.

Solar hot water
No air conditioning, instead each bedroom has ceiling fans more than adequate for this breezy location.

Renting successfully
Units are already successfully rented via Airbnb

1st year of operations covered costs, great business potential here with proximity to airport and Recreation Park.

Furnishings
Most of the furnishings, appliances and fittings are included in the sale, including everything required to keep the property functioning as a guest house.

Security
Main house equipped with security system
Property is fully fenced

Services
Electricity and water from mains supply, equipped with cable TV and Wifi internet.

Architect
Cox Ref renovation 2019

Building Contractor
Tennon Construction Ref complete renovations

Survey

GR 15/59 Lot 2

20,018 square foot

Year Property Built
Original house 2005 - 2007.

Apartments 2019

Pool 20ft x 11ft x 5ft pool completed in 2020.

Location

Villa Location

Saint Vincent >
St Vincent >
Argyle

Argyle

Agyle is on the East Coast of Saint Vincent. This is very close to the location of the new Saint Vincent international Airport. The area enjoys constant tradewinds and a lush landscape of rich fertile soil and stunning ocean views. The capital of Saint Vincent Kingstown lies to the west and the Grenadine Chain of islands can be seen stretching away to the south from many vantage points in the area. There are lovely beaches dotted along the coast with facilities and darker Black sand. A beautiful tropical feel with a reputation for being a nice friendly neighbourhood

All Photos

Plans

Buyer's Guide

The entire purchase process can be handled remotely from your country of residence.

Purchase Costs

Purchase costs are straightforward

5% Stamp Duty
6% ALHL - approximately
Legal fees

Legal fees are standard and the lawyer you instruct can provide a detailed breakdown of the costs. We can recommend reasonably priced legal services

We advise allowing 13% to cover the costs.

Purchase procedure:

1. Make your offer for your chosen property through us - The Grenadines Collection. We present your offer, and work to bring the sale to an agreement with the owner.

2. Appoint a local Lawyer to handle your purchase (list of recommended lawyers can be provided upon request) exchange contact details and discuss the purchase arrangements, as you wish.

3. Sign Agreement of Sale & deposit 10% of purchase price in ESCROW account with the lawyer.

The Agreement of Sale Contract is prepared by the lawyer for approval by both parties, before being finalised and signed by both parties. This is a binding agreement, the only circumstances where you would retrieve the deposit would be if:
- the seller fails to perform (for example if there was not clear title)
- or if your ALHL is not issued (this is extremely rare).

4. Alien Land Holders Licence (ALHL) Application (specific to the property & applied for at the time of agreement of purchase ).

Provide the following details to your local lawyer :
- Date and place of birth
- Copy of passport
- Nationality
- Bank reference (not finances just a letter of reliability)
- Police certificate of clear record (applied for from your local police station or online, in your home country

UK: http://www.acro.police.uk/police_certificates.aspx

The police certificate is usually fairly swift and at least straightforward

The lawyer makes the ALHL application and searches to check clear title on the property

5. ALHL is issued (this usually takes 2 to 3 months).

6. Complete the purchase (you deposit the balance of purchase price and the signed deeds of conveyance are released). At this point the property is yours.

Ownership

The lawyer can advise on personal or company ownership;
Company ownership provides automatic exemption from work permit. Residency is a simple formality with property ownership.

Many buyers choose to own their property through a company which can be set up easily, the lawyer can advise on the costs and fees for this.

There is no capital gains tax, no inheritance tax and annual property taxes are negligible. Funds can be repatriated freely.

Full Support from our team through the purchase process through to securing rentals for your new property.

Full Service Real Estate Agency

Due to operating in a small island environment we cover many more services for our clients beyond the core transaction. We are here from start to finish of the process, and pride ourselves with a strong and long running relationship with our buyers, assisting in settling new owners into the island and their property. We are happy to assist with any part, from the handover, relocating, shipping, staffing, and continuing through our rental program.

We extend our full concierge services, and regularly handle all arrangements for potential purchasers visiting the islands for viewings - private or scheduled flights, transfers, accommodation, island briefings, tours and property viewings.

We arrange and lead viewings ensuring they are comfortable, relaxed and well timed. We provided detailed printed material and can photograph aspects of the property which are of particular interest to you, ensuring that all follow up material is focused for you.

From helping you find the right property, assisting in assessment & evaluation, advice on legal processes to various areas surrounding architecture, design, project management, property maintenance, management, and rental.

Email our team enquiries@TheGrenadinesCollection.com

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To speak to us call: + 1 784 457 3739