Villa Karibu
Villa Karibu
Villa Karibu
Villa Karibu
Villa Karibu
Villa Karibu
Villa Karibu
Villa Karibu
Villa Karibu
Villa Karibu

Villa Karibu Marigot Bay, St Lucia, St Lucia

$895,000 USD
  • Details
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Property Details

Property Details

  • 3 Bedrooms
  • 2 Bathrooms
  • 0.4 Acres
  • 4000 Sq Ft
  • Swimming Pool
  • FOR SALE
  • Ocean Views
  • Furnished
  • Fully Fenced with Security System
  • Valley & Ocean views }

Modern, furnished, 3 bed villa with Caribbean Sea views just two minutes walk to the beach

This modern villa, with Caribbean Sea views, is situated in the secluded cove of Trou Vollant, Marigot Bay. Trou Vollant is an upscale neighborhood - a nature paradise, and Marigot Bay is world famous with its own marina and village.

Completed in 2011 the property is on three floors, with a gated entrance, and parking for two vehicles. From the driveway the garden steps lead to the pool and sun deck, with views of the beautifully landscaped garden.The large wrap around balcony on the ground floor has a wet bar for drinks, overlooking the pool.

The house sits facing west where sunsets on the terrace are incredible.

Living Area:

Light, airy and contemporary, the spacious open plan living, dining and kitchen area, has large patio doors opening out to the balcony space. Double ceiling fans, large seating and dining area - 3 seater and 2 seater couch set with table, side table and chest of drawers. Dining Area contains a wooden dining table with 6 chairs and wooden side cabinet.

Kitchen:

Fully equipped with copious storage space and large 'island' work surface, with double sink, cooker and fridge/freezer. Off the kitchen is a spacious pantry/laundry room with storage, double sink, washer, and a further fridge and freezer. The kitchen has double windows looking out to the pool and garden.

Office:

The Office has A/C, built in cabinets and extra storage room. The office has access from outside.

Guest washroom

From the ground floor a staircase with a crafted balustrade rises to the first floor. The high ceilings and large windows make this area bright and light.

Master Suite:

This spacious master suite, with A/C and built-in wardrobes, has double doors opening out to a wrap around balcony with views over the garden and pool towards the Caribbean Sea beyond. en suite bathroom with rainmaker overhead shower and single vanity. Walk-in closet and A/C.

Bedrooms 2 & 3:

Both the second and third bedrooms are identical with Queen sized beds, A/C, and shared guest bathroom, with rainmaker overhead shower, w.c. and double vanity.

Garden Level:

The property also has an unused room on the ground floor of approx 280 sq ft that can be converted into a double roomed self contained flat for rentals.

Marigot Bay Area

Marigot has recently seen strong property price growth with the arrival of a new 5 star resort called Capella opening in the bay. This new resort, only opening late 2014, has committed to development of the bay and its high class Marina and future years will see increasingly strong growth in real estate in the area.

Property Summary

  • Bedrooms: 3
  • Bathrooms: 2
  • Plot size: 17222 m2
  • Villa & Terraces: Approx. 4,000 sq. ft.
  • Year Built: 2011
  • Private pool
  • Fenced
  • Ocean View
  • Furnished
  • Company sale
  • Security system with GSM cell-phone system
Location

Villa Location

Marigot Bay

Marigot Bay is located on the western coast of the Caribbean island of Saint Lucia, 3.75 miles southwest from the Castries close to the Saint Lucian National Marine Reserve. The bay is a historic landmark, having been the site of a number of battles between the French and British navies. Surrounded on three sides by steep, forested hills. The inland portion of the bay forms a hurricane hole, used to shelter boats from hurricanes. The popular film location destination and described by the American novelist, James A. Michener as the "The most beautiful bay in the Caribbean."

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

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