Castles in Paradise Villa 5 Vieux-Fort, St Lucia, St Lucia

$475,000 USD

Details
Location
All Photos
Guide

Property Details

FOR SALE
2 Bedrooms
2 Bathrooms
0 Acres
2240 Sq Ft
Communal Pool
Landscaped Grounds
7 mins from Vieux Fort
Ideal vacation property
5 mins from International Airport
Garden
Online Viewing By Request
Parking

Castles in Paradise Villa Vieux Fort St.Lucia Furnished Luxury Villa 2 Bedrooms

This distinctive villa is situated in a private gated community overlooking the ocean. The quality of the finish is of a high standard as are the furnishings within which are included in the sale.

Communal Pool

The villa is located not far from the community pool and has views from the terrace of nearby Savannes Bay and the ocean beyond.

Close to Town & International Airport

Just a 5 minute drive from Hewanorra International Airport and 7 minute drive to the town of Vieux Fort.

Solar Water Heating & Ample Storage

The water is heated by a solar system and the water storage facilities are ample.

Fully Furnished & Ready to Move In

The house is beautifully furnished and has been decorated in a classical, relaxed caribbean style.

Secure, Gated Community

This private secure estate upon which this property belongs has well maintained grounds, a central pool and bar facilities.

Location

Villa Location

St Lucia >
St Lucia >
Vieux-Fort

All Photos

Buyer's Guide

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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