Sun Villa
Sun Villa
Sun Villa
Sun Villa
Sun Villa
Sun Villa
Sun Villa
Sun Villa
Sun Villa
Sun Villa

Sun Villa Palm Island, PALM ISLAND, The Grenadines

$750,000 USD
Property Details

Property Details

  • 4 Bedrooms
  • 4 Bathrooms
  • 0 Acres
  • FOR SALE
  • Palm Beach on Doorstep
  • Largest Villa on Palm Island
  • Private Island Location
  • Beachfront - Ocean views }

Sun Villa Palm Island St.Vincent & the Grenadine Islands Largest Beachfront Villa on Palm Island 4 Double Bedrooms

This open plan villa has 4 double bedrooms. Two of the bedrooms face the beach, two face the tropical gardens to the rear. The bedrooms each have a private bathroom. This is the most spacious of the few beachfront villas sprinkled along Casuarina's surf.

Footsteps from White Sandy Beach

Guests can quite literally step out of their beds and almost straight into the ocean.

Verandah & Garden

At the rear of the villa is a verandah and seating which is nestled among the mature native coconut palms and sea grape shrubs.

Louvered Windows & Ceiling Fans

The bedroom windows are louvered, designed therefore to usher in the cooling Caribbean tradewinds. The large sliding french windows in the open plan living area provide natural air conditioning throughout.

Modern, Open Plan Interior

The spacious villa has lots of comfortable seating and dining table and chairs for up to 10 guests. The kitchen has been renovated recently and offers a spacious and well equipped food preparation area.

Breathtaking Beachfront Views

The views are constantly changing due to the oceans proximity however the aquamarine water and clean, sugar sandy beach views remain at the heart of this villas appeal.

Nestled among Palms & Sea Grape

The villa is protected by the mature palms and sea grape offering privacy and shade.

Island Lease

The island is on a 99 year lease held by the resort from the government.

Palm Island

A stunning island of 135 acres, surrounded by 5 white sandy beaches, planted with a variety of palm trees - fern, royal, coconut and cane and inhabited by a small cluster of private villa owners and the boutique style resort with just over 40 rooms.

Viewing Highly Recommended

We would encourage potential buyers to stand on this beach and step into the villa. Simply call to arrange a viewing at a time to suit you.

Tennis & Resort Pool

There are both a swimming pool & tennis courts at the Palm Island Resort, these may be available for villa owners and guests use, at a rate negotiable with the Resort Manager.

Shopping

For groceries nearby Union Island has a good selection including supermarkets, bakeries, a gourmet store and an excellent local fruit & vegetable market.

Dining

The Sunset Restaurant is available on Palm Island for villa ones & guests. This is quite informal and not always open out of season so please check with the team for details. The Palm Island Resort does have the Royal Palm Restaurant and Sunset Grill which may be available for villa owners & guests

Location

Villa Location

Palm Island

Palm Island is a private Island located in the Southern Grenadines and is only accessible by boat. It is 5 minutes away from Union Island, which is the main gateway for entering Palm island. Palm Island has a land area of 135 acres and has 5 white sand beaches.

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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