Tamarind Villa Palm Island, PALM ISLAND, The Grenadines
- 2 Bedrooms
- 2 Bathrooms
- 0.28 Acres
- 3000 Sq Ft
- FOR SALE
- Situated on the Beach
- Prime location on Palm : Breezy & Cool
- Rennovated with Traditional Style
- West Facing Stunning Sunsets
Tamarind Villa Palm Island 12,276 sq ft lot 25 ft Elevation Direct Beach Access West facing Enviable Location
The property enjoys a stunning location commanding views over the length of one of the finest beaches on the island This is a classic island beach house is at a perfectly élévation of around 25 ft with outstanding views stretching out along the coral sand and across the ocean.
Classic Caribbean Open Space Design
The property enjoys lovely through breezes and it is fully opened up to its location with huge full length views from all its rooms.Two lovely large bedrooms with huge open window sections and each with its own bathroom.Construction of the property is long lasting with pitch pine roofs - these cathedral ceilings give a lovely airy atmosphere inside the villa. The windows can be opened all the way up with the wooden shutters .Terracotta floor tiles finish the floor throughout keeping the home cool and clean. Built originally prior to 1967 the year the current owner bought the property - this property has enjoyed long running and careful family ownership.
Stone Steps down to the Beach
There are stone steps cut into the rock down from the house itself to the coral sandy beach below. This villa is located in an enviable and unique position on Palm Island.
Traditional Island Beachhouse
This house is built in the traditional island style with a wide surrounding veranda, 2 bedrooms, 2 bathrooms and a cool and spacious interior.
The kitchen is open and enjoys gorgeous views down across the water and to sunsets over Union island.
Viewings Highly Recommended
Palm Island is a beautiful, castaway style island populated by a small collection of charming beachfront villas and the Palm Island Resort.
Natural Undeveloped Island
Development is limited and the opportunity to buy here is rare. We would highly recommend viewing this property to appreciate the value of its location and will be happy to arrange a viewing to suit you. Simply contact our team.
This stunning island located at the southernmost tip of the Grenadine Islands provides 135 acres of tropical paradise. The island boasts 5 white sandy beaches and offers the perfect Caribbean getaway. There are 3 main nature trails; Cactus Hill, Iguana and Point Lookout from where you will be able to take stunning photos of the Grenadine archipelago islands of Petit.St.Vincent, Canouan and Mayreau. For those with energy the island provides an exotic mix of scenic hikes and bike trails where you may be joined by a variety of native tropical birds and iguanas.
Palm Island Dining
The Sunset Restaurant is available on Palm Island for villa 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 guests, please ask the team for details.
Their is usually a doctor in residence on Palm island and a small village hospital on Union. Medical facilities are also available on nearby Mustique and 40 min flight to Barbados.
Watersport, Sailing & Diving
Anchoring is easy off the dock at Palm Island and the surrounding waters provide perfect sailing diving and watersports. Dive boat provides pick up from the dock along with sailing and fishing charters readily available - ownership of your own yacht or vessel here would be easy and an advantage.
Union island is experiencing a surge in interest due to the attraction of perfect kitesurfing and an international Kitesurf school has recently brought a fresh buzz to the island.
Union Island visible from the villa provides the airport for scheduled and charter flights and the location for all other general provisions.
Travel to the property is straightforward boat transfer from Union island or Canouan if you prefer as this runway is larger and can handle private jets.
Palm Island and Sub Lease notes for Buyers
There is a 99 year lease renewable by the Saint Vincent Government.The Annual Fee is around 10,000 USD for the full services provided by the Palm Island Resort.
- upkeep of the roads
- island maintenance
- waste disposal
- electricity facilities
- Water is provided via the standard local catchment system.
Kindly note that The Palm Island resort have first right of refusal on the purchase of properties on the island - currently they are not exercising this right. Construction is specified by the island Construction team who are very capable and with great local knowhow can handle projects in a timely manner.
Please request to view the Sub Lease (which is shown in the image and Plans section of this listing.
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.
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.