Lazy Dayz Spring, BEQUIA, The Grenadines
- 3 Bedrooms
- 2 Bathrooms
- 0 Acres
- 32680 Sq Ft
- Ample Space for Pool
- SOLD STC
- Elevated Location
- Close to Firefly Hotel
- Rolling Landscaped Gardens
- Fully Furnished
Lazy Dayz Spring Bequia St.Vincent & the Grenadine Islands Sumptuous Views over Spring Bay
This property is perched on the hillside of Spring Estate and overlooks Spring Bay, a wild, unspoilt bay fringed by mature coconut palms. The house was extended in 2007 by the current owner who added an additional building containing a master bedroom, en suite bathroom, walk-in closet and balcony.There are 3 bedrooms in total and 2 bathrooms.
Landscaped Rolling Grounds with Private Drive
This property is approached via a winding private drive which curves up to the house which is arranged as 2 buildings separated by a central terrace. lazy Dayz is located close to the Firefly Hotel: just a short stroll away from the hotels bar and restaurant.
Ideal as both Residence & Vacation Rental
This property is perfect as a permanent vacation destination offering privacy, spacious interiors and stunning views. As the current owner has demonstrated the house is a practical, flexible space with room for additional development if required. As a vacation rental option this property would benefit from the addition of a private pool, there are a variety of locations where this would be well placed and would cost anything from 5000 USD depending upon size and style selected.
Main House Layout
The original building houses two bedrooms to the rear both with direct access to a charming outside terraced area with a pergola and Ocean view. There is also a shared bathroom. An open plan kitchen, spacious lounge and dining area are located to the front of the building opening up to lovely terrace offering breathtaking ocean views across the bay.
In the original house there is water storage facility for 19,000 gallons and the new building holds storage facilities for an additional 40,000 gallons.
Central Courtyard & BBQ
Between the two buildings is a large stone paved courtyard and BBQ area, ideal for entertaining and dining.
Fertile Gardens: Ideal for Planting
The rolling lawns that surround the property are punctuated by sugar apple and palm trees. The owner enjoys growing tomatoes in the fertile soil.
Private, Peaceful & Close to Town
Positioned on Old Cart Road, Spring Estate this house is located upon one of the most sought after residential areas upon the island. The estate is renowned for providing its residents with peace, quiet and seclusion whilst also only minutes away from town and the bars, shops and restaurants that can be found there.
An east coast beach is just a 20 minute walk away, 2 west coast beaches are a 5 minute drive and the airport is only a 10 minute drive from this peaceful and secluded property.
A quiet international community of independent villas on the hillsides of this green and peaceful valley. The boutique Firefly Hotel, and old sugar mill is located here. The old tall Coconut palms run down to the coral sand beach facing the ocean. Completely away from the Harbour but astonishingly close for a visit for shops, restaurants and the bustle of island life.
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.