Ocar Hillside Land Ocar, Bequia, The Grenadines
- 0 Bedrooms
- 1 Bathroom
- 0.16 Acres
- 6971 Sq Ft
- SOLD STC
- Ideal Location near Port Elizabeth
- Stunning Admiralty Bay Views
- South Facing
- Stunning Admiralty Bay Views }
6,971 Sq Ft 0.16 Acres
Breezy South Facing & Tranquil Location
A small rectangular plot of gently sloping land, located land on the south facing hillside of Admiralty Bay enjoying plenty of sunshine throughout the day in a tranquil and relaxing environment.The elevated position guarantees a breezy atmosphere and clear uninterrupted vistas with perfect harbour views.
Breathtaking Beach & Bay Views
From this plot there are panoramic views over Admiralty Bay extending across to the Belmont Walkway, Princess Margaret Beach, Lower Bay Beach and West Cay. Overlooking the world famous Admiralty Bay where the cruise ships, ferries and sailors arrive on Bequia. This natural anchorage has been described by the Telegraph as one of the worlds finest.
The plot has Road access, with phone and electricity accessible from utility pole lines on the nearby allotment road.The area continues to display an increasing level of demand due to it's proximity to essential services, great view and neighbourhood characteristics.
Though located on a steep hill it is only a few minutes walk from the lovely waterfront beneath for a quick water taxi ride to the islands best beaches and only a few more minutes walk from the harbour and all the dive shops, restaurants and bars.
Ocar: Traditional Boat Building Location
On the North shore of admiralty Bay two local villages sit dreamily on the shore. On the south facing hillside there are uninterrupted commanding views of the whole bay all the way to West Cay. The area is known for its Model Boat Shops and Sail Makers lofts.
Bars, Restaurants & Marina Nearby
There are several establishments nearby including some sandy bars with live music in the evenings and local rum shops. There is a wooden jetty & the Tradewinds Marina with one of Bequia's great restaurants right by the water's edge.
On the North shore of admiralty Bay two local villages sit dreamily on the shore, here you can stroll in the road. On the south facing hillside there are uninterrupted commanding views of the whole bay all the way to West Cay. Down by the beach are the Model Boat Shops and Sail Makers lofts, some sandy bars with live music in the evenings and local rum shops. There is a wooden jetty & Tradewinds Marina with one of Bequia's great restaurants right by the water's edge.
Purchasing land in a foreign country can seem like a daunting task. We are here from start to finish of the process, and pride ourselves with a strong relationship with previous 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.
The entire process can be handled remotely - ie while you are in the UK.Purchase procedure:
1. Make your offer for your chosen property through us. 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
- 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
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.
Purchase costs are straightforward;
- 5% Stamp Duty
- approximately 6% ALHL
- legal fees
Legal fees are standard and the lawyer you instruct can provide a detailed breakdown of the costs.
We advise allowing 13% to cover the costs.
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.