4 The Avenue Cap Estate, ST LUCIA, St Lucia
- 3 Bedrooms
- 3 Bathrooms
- 0 Acres
- 5000 Sq Ft
- Infinity Edge Pool
- FOR SALE
- Overlooking Atlantic
- Private Pool
- Garage & Verandah
- Master Bedroom whirlpool tub
4 The Avenue South Hills, Cap Estate St.Lucia
Bedrooms: 3 Bathrooms: 3.5
Exclusive Development with 4 Properties
The Avenue Development contains 4 exclusive properties set upon a private concrete road overlooking the ocean, of which one remains available for purchase - no. 4.
These properties have been built to the highest of standards and all are positioned to capture the glorious Atlantic Ocean views. Located within minutes are an 18-hole Golf Course, Cas-en-bas beach, tennis courts and The Body Holiday at Le Sport. 10 minutes away is Rodney Bay where the best shopping, restaurants & bars, Marina and much more can be found.
Entry is into an open plan living and dining room. Three sets of double doors open onto the balcony with great views over the golf course to the sea beyond. Steps from the balcony lead to the lower level where there is an infinity pool and sunbathing and barbecue terrace.
Off the dining room is an extremely well equipped kitchen with granite breakfast bar, gas hob, electric oven, microwave, dishwasher, wine cooler and fridge/freezer with ice making facility. Also in the kitchen is a small drop-down television. Doors from the kitchen open onto a small outside terrace.
Separate utility room with washing machine and dryer & guest cloakroom with w.c. and w.b.
Upstairs is a small sitting area with television and three double bedrooms. The master bedroom has a T.V. air conditioning, a dressing area with fitted cupboards and an ensuite bathroom, with a Jacuzzi bathtub, separate shower, w.c. bidet, and twin wash basins. The other two double bedrooms have A/C, fitted cupboards, and ensuite shower rooms with shower, w.c. and w.b.
Private Pool & sun deck
The sun deck faces down over the Cap Estate and a private infinity pool offers the ideal cooling off location.
Ideal Location for Investment
This is a desirable residential location, both peaceful and secure, especially with the private road offering the opportunity for a gated entrance. This would also present the new owner with the ideal location for a vacation rental property. St.Lucia is one of the worlds top wedding destinations and rental villas can generate a weekly revenue of around 2000 USD.
Villa Amenities & Features
- Hot Water: Solar water heating as well Backup electric heater
- Double Garage – Electric Gates & Garage doors
- Security Alarm
- Fully Fenced
- Dual Voltage
- Solar water heating
- Water Tank – 6,000 gallons
- Potential for a fourth bedroom and guest suite at pool level
- Company Sale
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