Cap Estate Land
Cap Estate Land
Cap Estate Land
Cap Estate Land
Cap Estate Land
Cap Estate Land
Cap Estate Land
Cap Estate Land
Cap Estate Land
Cap Estate Land

Cap Estate Land Cap Estate, St Lucia, St Lucia

SOLD
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Property Details

Property Details

  • 0 Bedrooms
  • 1 Bathroom
  • 0 Acres
  • 27717 Sq Ft
  • Ample space for pool
  • SOLD
  • Cap Estate Location
  • Gentle Sloping Land
  • Road access
  • Close to Golf Course

High Spec 4 Bedroom Villa

The master bedroom suite has a large study sitting room with a practical sofa-bed and generous dressing areas and ensuite bathroom. There are two further guest bedrooms with twin or king size beds and ensuite bathrooms.The bedrooms are bright and cool with ceiling fans as well as air conditioning throughout.

Spacious Covered Verandahs with outside Sofas

The villa has been designed to take full advantage of the stunning ocean views with 6000 sq feet of indoor and outdoor living space which includes deep covered verandahs furnished with sofas and relaxing lounge furniture all facing the stunning ocean beneath.

Private 42 ft long Pool & Stunning sun deck

The villa has a large infinity pool, in fact 42 ft x 12ft wide x 5 ft deep. The pool has a walkway bridge over the pool, outdoor jacuzzi and and sun deck with spectacular views across Grand Anse Bay.

Sleek Well Equipped Kitchen & Dining Space

The kitchen is a cool white with a central island and sink covered with a black granite work surface. There is a microwave, integral oven, plenty of storage space, US style fridge freezer and a breakfast bar.

Grand Anse & Morne Rouge Beaches

The villa location is within walking distance of both Grand Anse and Morne Rouge beaches, 2 of the islands best. The waters are calm and sheltered as they are on the leeward side of the island offering an ideal location for families to swim and relax.

Premium Grand Anse Beach Resort

Mount Cinnamon Resort is located upon the white sugar sands of Grand Anse Beach along the southern tip of Grenada. Peter de Savary has created a select resort and beach club known for laid back luxury and charm. This townhouse is a short stroll, not quite 5 minutes walk from Grand Anse Beach.

Access to all 5* Resort Amenities

The new owner would enjoy all amenities of the resort which include access to Savvy's Bar & Restaurant, The Beach Cabana, tennis courts, swimming pool, kayaks, snorkel kit, paddle boards and hobbies, gym, cycle hire, kids club

Eligible to Join Resort Rental Group

Owners have the option to retain their property for private use, or to join a rental group managed by Mount Cinnamon.

Ideal Location for Vacation Rental Property

This plot of land is located in the heart of the world famous Cap Estate, a desirable residential location on St.Lucia. The plot is just a 10-15 minute drive away from Rodney Bay a popular marina and tourist location. This plot would present an ideal location for the construction of a residential or vacation property, close to beaches, bars and restaurants.

Close to Golf & Country Club

This plot of land is very close to the Cap Estate Golf & Country Club a world famous course, well worth a visit.

Location

Villa Location

Buyer's Guide

Buyer's Guide

Buying a property in St.Lucia where there is a tax haven with no VAT, no capital gains tax, no inheritance tax and no estate tax makes a great deal of sense. St.Lucia is one of the worlds top destinations for weddings and honeymoons making a holiday rental property potentially lucrative. St.Lucia has really embraced the worldwide taste for health spas with the first St.Lucia Health & Wellness Retreat, supported by the government and private businesses, being established and opening soon on the island. Being one of the most accessible islands in the region with the lowest crime rate St.Lucias affordable properties offer an ideal opportunity for investment. Comparable in many ways to neighbouring Barbados but with house prices ranging from 40-60% lower this beautiful island should not be overlooked as an investment opportunity.

 With a total land area of just 620 sq miles St.Lucia, often called "The Helen of the West Indies" because of its natural beauty, sits in the ocean like a shimmering jewel. Pristine white sandy beaches, tropical forest populated by rainbow-plumed birds and acres of orchards filled with sweet smelling tropical fruits such as mango, papaya and banana are crowned by the islands twin peaks the Gros & Petit Pitons.

How to buy St Lucia property
There are certain rules and regulations you must comply with as a non domicile of St Lucia in order to purchase a St Lucia property. For instance, you will need to apply for an Alien Landholding Licence. Generally the cost of purchasing a property on St Lucia will come out at between 6-8% on top of the purchase price. This will cover stamp duty, the Alien Landholding Licence, Treasury receipt, legal costs and registration fees. If you are taking out a mortgage, lenders tend to charge a set-up fee.

Alien Landholding Licence
Foreigners must apply to the Ministry of Planning for an Alien Landholding Licence which costs EC$1,500, is non-refundable and does not need renewing. The process takes up to 16 weeks as the application is vetted by the Physical Planning Office of the Ministry of Physical Development, Environment & Housing, approved by the Prime Ministers Office and finally by the Office of the Attorney General.

Your locally appointed lawyer will make the application for the Alien Landholding Licence on your behalf. Along with your completed application you will need to provide the lawyer with the following information:

Certificate of character for each applicant (from your local police station)
A bank reference
Your CV
A copy of your passport data page
Full set of fingerprints (from your local police station)
Statutory declaration
4 passport size pictures of each applicant
Full details of the proposed property or land purchase (including a survey plan and land register of the property (from the Vendor) and a value assessment of the land or property (although the value assessment may not be necessary
Receipt proving payment of application fee
Initial approval from the Development Control Authority (this may not be necessary).

In addition to the application fee for the Alien Landholding Licence, the following fees are applicable depending on the land area of your property.


Land Area (in acres)    Price (in EC$)
Under 1    $5000
1-10    $10,000
10-20    $20,000
20-50    $30,000
50-100    $40,000
100+    $50,000


Deposits
There is no standard procedure on this, but common practice is to offer 10% of the purchase price as a deposit, which is forfeited if the buyer pulls out. If the vendor pulls out then the buyers 10% is returned as well as 10% from the vendor plus an additional penalty of 10%. In the unlikely event that the Alien's Landholding Licence is not granted, then the deposit is refunded.

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