Lulleybye House
Lulleybye House
Lulleybye House
Lulleybye House
Lulleybye House
Lulleybye House
Lulleybye House
Lulleybye House
Lulleybye House
Lulleybye House

Lulleybye House Lower Bay, BEQUIA, The Grenadines

$395,000 USD
Property Details

Property Details

  • 3 Bedrooms
  • 2 Bathrooms
  • 0.14 Acres
  • 5913 Sq Ft
  • Stroll to beaches
  • FOR SALE
  • Close to beaches
  • Traditional House
  • Sought after Lower Bay Location
  • Ocean & Beach Views

Lulleybye House Lower Bay, Bequia St Vincent & the Grenadines

Lulleybye House sits on a total of 5,913 square foot of sloping hillside land, with stunning panoramic views over the whole of Admiralty Bay.

The current house contains 2 bedrooms / 1 bathroom, kitchen, living room and dining area on the upper level. On the lower level there is a self contained studio apartment (a second bedroom is currently being planned as an add on this this lower level).A plunge pool is also in the planning stages.

All about the view

This property is perched perfectly to enjoy the spectacular 280 degree views out over the beach, ocean and verdant tropical coast line. The wrap around verandah sweeps around the north and west aspects of the house

Short Stroll to Islands Best Beaches

Positioned in an established residential area in Lower Bay the property is just a short stroll down to arguably the 2 best beaches on the island - Lower Bay and Princess Margaret Beach.

Open Plan Living

The main living space is fully open plan with kitchen & dining area to the rear raised above the living space which opens out onto the balconies for those breathtaking views.

To the rear of the house is a level area currently used as a child's playground.

Additional Land Available

An additional parcel of 7,368 square foot of land to the South of the house is also available for purchase, providing further room for development.Contact us for further details.

Location

Villa Location

Lower Bay

A tiny village on a spectacular beach this is becoming a desirable residential area. Hillside houses and Villas enjoy views of Admiralty Bay and pleasant breezes. There are local restaurants right on the beach so a great place to spend the day, This is the beach of choice for Bequians and there is a wonderful family atmosphere at the weekends. At Easter regatta time there is a buzz of activity with all the local sailing boats launching from the beach.

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

UK: http://www.acro.police.uk/police_certificates.aspx

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 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.

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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