Belmont Land Belmont, BEQUIA, The Grenadines
- 0 Bedrooms
- 1 Bathroom
- 0.18 Acres
- 7661 Sq Ft
- Close to waters edge
- FOR SALE
- Beachfront 75 yards
- Quiet location yards from the sea
- Ideal house site
- Exclusive Belmont location
Belmont Land Belmont Walkway, Bequia Saint Vincent & the Grenadines
7,661 sq ft / 0.18 Acre Plot
An ideal location
This near beachfront land has the ideal location. It is situated towards the end of the Belmont walkway, just steps away from all the bars, restaurants, local shops and amenities along the walkway and in the harbour town of Port Elizabeth. At the back of the property and land, there is the main road that leads to Lower Bay or Friendship Bay beaches, and both routes are only a ten minute drive. Also a ~15 minute drive to the airport.
The land is sure to make for an excellent investment - a property here could become the perfect private home, with space for a pool, and beautiful gardens to be incorporated. Another option could be to develop a rental villa here, to take advantage of Bequia's thriving tourist industry.
The clear waters that lap at Plantain Beach & the Belmont Walkway make it a great spot for swimming and snorkelling - the plot is just yards away from the white coral sand beach and the calm turquoise water.
The land is in a sought after location where such opportunities very rarely become available. We highly recommend you to consider a viewing.
Easy Access and Great Topography
The plot really is wonderfully close to the beach, yet is reached by a private driveway, so it still has the great feature of being quiet and private and is also on the quieter end of Lower Bay.The plot consists of level land, ~70 yards from the shore at an élévation of ~4m.
Further Land / Stone House & Cottage Available
The next door plot - containing Stone House & Cottage is also available for purchase: Land Lot 1 - 7,661 sq ft Stone House & Cottage (Lot 2) - 15,162 sq ft Total - 22,823 sq ftFull Stone House, Cottage & Land Listing
A central location on the island this is an established area above the Belmont Waterfront Walkway. The shore side is a relaxing and social area with sandy restaurants...yachts at anchor... children playing...a friendly fun area. Home to Bequia's longest established Hotels,the Frangipani the Whaleboner and the Gingerbread. There are small wooden jetties and its the place to stroll along the shore to Port Elizabeth or past the Dive shops to Princess Margaret Beach just over the headland. Houses and villas here enjoy panoramic views over Admiralty Bay, the finest harbour in the Windwards with visiting yachts form all over the world. The sunsets are breathtaking.
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.