Palm Island Beachfront Land Lot 16
Palm Island Beachfront Land Lot 16
Palm Island Beachfront Land Lot 16
Palm Island Beachfront Land Lot 16
Palm Island Beachfront Land Lot 16
Palm Island Beachfront Land Lot 16
Palm Island Beachfront Land Lot 16
Palm Island Beachfront Land Lot 16
Palm Island Beachfront Land Lot 16
Palm Island Beachfront Land Lot 16

Palm Island Beachfront Land Lot 16 Palm Island, Palm Island, The Grenadines

POA
  • Details
  • Location
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  • Guide
Property Details

Property Details

  • 0.27 Acres
  • 11900 Sq Ft
  • POA
  • only available land lot on Palm Island
  • directly on the pristine coral sand beach
  • perfect view to the Tobago Cays over turquoise waters
  • level land on coral beach
  • popular villa rental island
  • Garden

Pristine Beachfront Lot on Palm Island

This is a once in a lifetime opportunity - a final untouched lot on an awardwinning private island with great connections to Barbados for easy UK and US flights.

Breathtaking Beach & Views to the Tobago Cays

Views from this lot spectacular - natural and uninterrupted. The island only has low structures. Views to the west and east from the plots' beach are pristine. The water is clear and turquoise with the beach gently sloping in fron of the property into a protected coral reef lagoon and then on to the open sea and the Tobago Cays which is a protected marine park. The water quality in this area is excellent.

World class Location

This region of the Caribbean remains fairly undeveloped and Palm island is in excellent company with the neighbouring private islands and private island resorts of Mustique, Canouan and Petit Saint Vincent all within an easy boat ride. The nearest island Union Island is a very cool beach vibe with a lively kite surfing scene.

The Grenadines offer world class sailing, diving and sports fishing and Palm Island is at the heart of the Grenadines.
Yacht charter bases operate on Union, Canouan and Bequia ensuring great supplies and facilities for yachtspersons. 

Enjoy full run of this 135 acre exclusive Caribbean island

The property owners on Palm all enjoy equal access to the main body of the island and all beaches excluding the other private properties and the private areas of the small luxury resort

Easy Access from Barbados

Palm Island

A stunning island of 135 acres, surrounded by 5 white sandy beaches, planted with a variety of palm trees - fern, royal, coconut and cane and inhabited by a small cluster of private villa owners and the boutique style resort with just over 40 rooms.

Tennis & Resort Pool

There are both a swimming pool & tennis courts at the Palm Island Resort, these may be available for villa owners and guests use, at a rate negotiable with the Resort Manager. You can of course also construct your own pool.

Dining

The Sunset Restaurant is available on Palm Island for villa guests. The Palm Island Resort also has the Royal Palm Restaurant and Sunset Grill which may be available for villa guests.

Neighbouring Union Island

On the neighboring Union Island, there are lots of grocery stores and small island boutiques.

Union Island is the gateway for entering Palm Island. From Union Island a small boat ride of 5 minutes gets you across the sea to palm Island.

Level plot with no existing structures - unique on the island

The property is unique as many of the lots on the island were developed in the 1960's and are now in need of remodelling.
Lot 16 is a blank canvas for you to construct your dream property. Contact the team at The Grenadines Collection who can connect you with expert architects experienced with property design and construction on the island of Mustique, Canouan and Mayreau and Bequia.

The region has wonderful expertise in construction of luxury villas on Canouan and nearby Mustique.

- Palm Island Resort has the option of 1st Refusal ( for buyers reference it is not a given that they would take this option - during mid 2021 they did not take this option)

-The purchaser is responsible for adhering to Palm Islands Building codes. The structures on Palm Island are low height /single storey)

Purchase Highly Recommended

We would encourage potential buyers to purchase unseen if they are not able to visit. If you are able to arrange a viewing visit The team at Grenadine Villas can arrange viewing and accommodation for your visit and assist with your travel. Let us know when you are considering visiting and we will provide the best options for you.

Please email our team at enquiries@thegrenadinescollection.com with questions or requests for further information.

Location

Villa Location

Palm Island

Palm Island is a private Island located in the Southern Grenadines and is only accessible by boat. It is 5 minutes away from Union Island, which is the main gateway for entering Palm island. Palm Island has a land area of 135 acres and has 5 white sand beaches.

Buyer's Guide

Buyer's Guide

The entire purchase process can be handled remotely from your country of residence.

Purchase Costs

Purchase costs are straightforward 

  • 5% Stamp Duty
  • 6% ALHL - approximately
  • Legal fees

Legal fees are standard and the lawyer you instruct can provide a detailed breakdown of the costs. We can recommend reasonably priced legal services

We advise allowing 13% to cover the costs.

Purchase procedure:

1. Make your offer for your chosen property through us - The Grenadines Collection. We present your offer, and work to bring the sale to an agreement with the owner.

First refusal is then passed to Palm Island Resort - we understand as of 2021 that they would not take this option.

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
- Nationality
- 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

UK: http://www.acro.police.uk/police_certificates.aspx

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.

Ownership

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.

Full Support from our team through the purchase process through to securing rentals for your new property.

Full Service Real Estate Agency

Due to operating in a small island environment we cover many more services for our clients beyond the core transaction. We are here from start to finish of the process, and pride ourselves with a strong and long running relationship with our 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.

Email our team enquiries@TheGrenadinesCollection.com

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