Hibiscus Condo Cap Estate, ST LUCIA, St Lucia
- 3 Bedrooms
- 2 Bathrooms
- 0 Acres
- 1450 Sq Ft
- Private Plunge & Communal
- Cap Estate Location
- Furnished Turnkey Property
- Private Plunge Pool & Terrace
- Private Secure Entrances
Cap Estate Location
Cap Estate is a very desirable residential location on St.Lucia and is populated by an international community who enjoy sailing, playing golf and relaxing in the near perfect St.Lucia climate.
This is a modern condo with 3 bedrooms, 2 bathrooms, a relaxing central living space, a private plunge pool and access to the communal pool. The property is available for sale fully furnished and as such is a turnkey property ideal as an investment opportunity.
- 1 x King size bedroom
- 1 x Queen size bedroom
- 1 x Twin size bedroom
- 1 x en suite bathroom
- 1 x shower room
Well Equipped Modern Kitchen
The kitchen is light and practical and includes:
- Stainless Steel Fridge / Freezer
- Double Stainless Sink
- Granite Countertops
- Breakfast Bar with Swivel Chairs
- Flat Screen TV
Ideal as Vacation Rental Opportunity
Rodney Bay is just a 3 minute drive away from the condo and this is a very popular tourist destination with marina for super yachts, boutiques, bars and restaurants.
Close to Beaches, Golf Course, Clubhouse & Restaurants
The Cap Estate Golf Course is a challenging 18 hole course with clubhouse and pro shop.
St.Lucia: World Class Wedding Destination
St.Lucia is one of the worlds most popular destinations for weddings. A 3 bedroom vacation property on Cap Estate can generate around 2500 USD per week during the high season. The location, degree of comfort and private plunge pool all contribute to this property being ideal as a vacation rental.
High Spec Modern Interior
The kitchen and bathrooms are light and sleek and finished to a high spec. The floors are a cool light tile and the walls a painted from a light, natural palette bringing in as much space to the condo as possible.
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$1,500, is non-refundable and does not need renewing. The process takes up to 16 weeks as the application is vetted by the Physical Planning Office of the Ministry of Physical Development, Environment & Housing, approved by the Prime Ministers Office and finally by the Office of the Attorney General.
Your locally appointed lawyer will make the application for the Alien Landholding Licence on your behalf. Along with your completed application you will need to provide the lawyer with the following information:
Certificate of character for each applicant (from your local police station)
A bank reference
A copy of your passport data page
Full set of fingerprints (from your local police station)
4 passport size pictures of each applicant
Full details of the proposed property or land purchase (including a survey plan and land register of the property (from the Vendor) and a value assessment of the land or property (although the value assessment may not be necessary
Receipt proving payment of application fee
Initial approval from the Development Control Authority (this may not be necessary).
In addition to the application fee for the Alien Landholding Licence, the following fees are applicable depending on the land area of your property.
Land Area (in acres) Price (in EC$)
Under 1 $5000
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.