Windjammer Villa 40 Trouya Pointe, St Lucia, St Lucia
- 2 Bedrooms
- 2 Bathrooms
- 0 Acres
- Private Plunge Pool & Communal
- FOR SALE
- Guarenteed $15,000 Anual Income
- Full Use of Resort Facilities
- Fully Furnished
- Bay & Ocean Views }
Windjammer Villa 40 Windjammer Landing Resort Trouya Pointe, St. Lucia
This two bed Villa with private plunge pool is set within the luxurious Windjammer Landing Resort St Lucia, which comprises 60 acres on the northeast coast overlooking Labrelotte Bay and the Caribbean Sea. The property enjoys access to six swimming pools and five restaurants within the resort along with a 5,000 sq. ft. state of the art Spa with full wellness facilities, including a gym.
At the entrance level is a twin bedroom with air conditioning, overhead fan, and walk in closet with wall safe. Ensuite bathroom, with w.c., w.b. and shower. The outside terrace has beautiful ocean views.
Kitchen with electric cooker, microwave, twin sink, fridge/freezer and breakfast bar. Alongside is a small dining room with overhead fan.
Steps lead down to the sitting room area with sofa bed and TV. Two sets of double doors open onto the outside patio and plunge pool, with superb views of the bay below.
Master double includes TV, air conditioning and overhead fan. Walk in closet with wall safe, Ensuite, with w.c., w.b. and bath with overhead shower. There is a Juliette balcony to one window and another door that leads to the main balcony with stunning views of the Caribbean Sea.
Lease Back Arrangement
The villa can be leased to Windjammer Landing Company Ltd. whereby the owner receives US$15,000 annually, which is paid in quarterly installments. Subject to the terms of the lease, the property is marketed, managed and maintained by Windjammer Landing Company Ltd.
The owner may use the property on a complimentary basis for:
- One week High Season or
- Two weeks in Shoulder Season or
- Three weeks in Low Season
Alternatively - Full Ownership
The owners may use the property 365 days of the year and pay a monthly maintenance cost, currently US$2,300 per month, which includes the use of all the hotels facilities, building insurance, and external maintenance of the property, grounds and private plunge pool.
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$1,500, is non-refundable and does not need renewing. The process takes up to 16 weeks as the application is vetted by the Physical Planning Office of the Ministry of Physical Development, Environment & Housing, approved by the Prime Ministers Office and finally by the Office of the Attorney General.
appointed lawyer will make the application for the Alien Landholding
Licence on your behalf. Along with your completed application you will
need to provide the lawyer with the following information:
• Certificate of character for each applicant (from your local police station)
• A bank reference
• A copy of your passport data page
Full set of fingerprints (from your local police station)
• 4 passport size pictures of each applicant
• Full details of the proposed property or land purchase (including a survey plan and land register of the property (from the Vendor) and a value assessment of the land or property (although the value assessment may not be necessary
• Receipt proving payment of application fee
• Initial approval from the Development Control Authority (this may not be necessary.
In addition to the application fee for the Alien Landholding Licence, the
following fees are applicable depending on the land area of your
Land Area (in acres)/ Price (in EC$)
Under 1 $5000
1-10 / $10,000
10-20 / $20,000
20-50 / $30,000
50-100 / $40,000
100+ / $50,000