Cloud Nine 1.2 acres
Cloud Nine 1.2 acres
Cloud Nine 1.2 acres
Cloud Nine 1.2 acres
Cloud Nine 1.2 acres
Cloud Nine 1.2 acres
Cloud Nine 1.2 acres
Cloud Nine 1.2 acres
Cloud Nine 1.2 acres
Cloud Nine 1.2 acres

Cloud Nine 1.2 acres Friendship Hill, Bequia, The Grenadines

SOLD
  • Details
  • Location
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Property Details

Property Details

  • SOLD
  • 1.2 Acres
  • 52415 Sq Ft
  • Private
  • hillside
  • Prime plot available
  • Breathtaking views
  • Infrastructure laid in
  • steep
  • Garden

Large Beachfront Plot Perfect for Development

The large beachfront land is gently sloping and has direct access from the road.

Development Potential

This land is perfect for development from a luxury villa to a more traditional 2 bed house.

The overall building costs would depend entirely upon the style of villa chosen, choice of floor, roof, kitchen etc, but the cost of construction for a traditional 2 bedroom property with pool would be around $400,000 USD.

The Plot

The land is along a well graded private road from Sugar Hill and by the top of the wooded ridge which runs from Saint Hilaire Point up to the 680 ft summit towering over Friendship Bay. This elevated position on the hill gives astonishing views and a wonderful combination of breeze and shelter.

There is an extraordinary sense of being in the sky with aerial views of the islands laid out below.

This sale Includes infrastructure -there is a private road leading up to location, and there is underground access to electricity, telephone and cable. A good slope at around 20 degrees.200 ft frontage.

Stunning views

Cloud Nine boasts the best view in the Grenadines, looking south over the entire Grenadine Islands from here in Bequia at 600 ft above the Caribbean Sea. This plot has a spectacular location, and has great potential.

Cloud Nine is within great proximity of bars, restaurants and local supermarkets, and yet is still private and peaceful. Port Elizabeth harbour is a ten minute drive from Cloud 9, and the airport is also a short drive away. There is potential here to create a fantastic private home, or develop a property to rent out as a holiday home - this could make for a great investment, given Bequia's thriving tourist business.

Privacy & Solitude

As well as having the advantage of being within a short distance of local amenities and fantastic beaches, properties built at Cloud 9 Estate benefit from privacy and being a quiet, secluded environment. This is due to the fact that covenants have strictly limited the number of properties in this area.

Ideal Investment

This development at Cloud 9 is sure to make for an excellent investment - a property here could become the perfect private home, with plenty of space for a pool, and beautiful gardens.

Location

Villa Location

Buyer's Guide

Buyer's Guide

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
  • 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

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

Purchase costs are straightforward;

  • 5% Stamp Duty
  • approximately 7.6% ALHL
  • legal fees

Legal fees are standard and the lawyer you instruct can provide a detailed breakdown of the costs.

We advise allowing 15% to cover the costs.

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.

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