Marigot Bay Front Balcony Apartment 4F Marigot Bay, St Lucia, St Lucia

$250,000 USD

Details
Location
All Photos
Plans
Guide

Property Details

FOR SALE
2 Bedrooms
2 Bathrooms
0 Acres
1174 Sq Ft
Shared Pool
Marine Village
Use of Hotel Facilities
Waterfront Location
Fully Equiped
Garden
Online Viewing By Request
Parking

Apartment 4F Marina Village Apartments Marigot Bay, St. Lucia

1,174 sq ft Two Bed Leasehold Apartment

Fully furnished Second Floor Apartment

Apartment 4F is a 2 bedroom second floor apartment located in Marina Village, with views over the central marina courtyard, gardens and the bay beyond.

This is a lovely location from which to look out at the Caribbean Sea and relax - the perfect retreat.

A light and airy apartment, 4F comprises a large open plan living & dining room with high vaulted ceiling leading out onto a furnished balcony overlooking the courtyard.

Leading off of the lounge are two spacious and comfortably styled double bedrooms (one double and one twin, or they can be two doubles) both with large built in wardrobes and en suite boutique hotel styled shower rooms.

The dining area leads into a u-shape fitted kitchen with all mod cons and appliances.

The apartment is to include all furnishings, and both the bedrooms and living room have air conditioning and large overhead fans.

Marina Villa Apartments

The Marina Village Apartments were completed in early 2007, and are one and two storey wooden clad buildings. They are situated alongside the Marina and the Discovery Hotel, meaning they have access to the restaurants and bars of the hotel, and the beach facilities of the beach club on the other side of the Bay. The apartments form a U-shape, and overlook the dock, around a central garden courtyard.

Leasehold

The apartments are offered on a 97 year lease expiring 2105 and are available for occupation for 52 weeks of the year and are not part of the Discovery buy-to-let program.

Monthly Maintenance Charge – Approx. EC$2,051

This includes the lighting and cleaning of common areas, Building Insurance (All Perils), Security, Garbage Collection, General Maintenance, Pest Control & Administration as well as use of hotel pools, spa gymnasium and other amenities.

Marina Village Facilities

Set within the Marina Village, it is just a short walk to the swimming pools, shops, supermarket, marina, restaurants, bars and Sand Spit beach.There is also plenty to do with events and festivals throughout the year.

Guests have free use of all the Marina & Capella Hotel facilities including access to the spa, swimming pool, gym, haute cuisine restaurant and bars.

Marigot Bay

Marigot Bay is a historic landmark, having been the site of a number of battles between the French and British navies. Surrounded on three sides by steep, forested hills. The inland portion of the bay forms a hurricane hole, used to shelter boats from hurricanes. The popular film location destination and described by the American novelist, James A. Michener as the "The most beautiful bay in the Caribbean."

St Lucia

St Lucia is the next island up from St Vincent, and boasts the perfect balance - it still has untouched, beautiful natural areas and exceptional beaches, and yet is more developed than some of her neighbouring islands - St Lucia has two airports, making travel easy, and there are many resorts and spas due to the thriving tourist industry that it has developed.

Location

Villa Location

St Lucia >
St Lucia >
Marigot Bay

Marigot Bay

Marigot Bay is located on the western coast of the Caribbean island of Saint Lucia, 3.75 miles southwest from the Castries close to the Saint Lucian National Marine Reserve. The bay is a historic landmark, having been the site of a number of battles between the French and British navies. Surrounded on three sides by steep, forested hills. The inland portion of the bay forms a hurricane hole, used to shelter boats from hurricanes. The popular film location destination and described by the American novelist, James A. Michener as the "The most beautiful bay in the Caribbean."

All Photos

Plans

Buyer's Guide

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.

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

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