Berglund Villa Trouya Pointe, ST LUCIA, The Grenadines
- 3 Bedrooms
- 3 Bathrooms
- 0.4 Acres
- private pool
- off Windjammer Landing Road in residential area
- 3 AC bedrooms, 1 king & 2 double
- 3 mins walk from Trouya Beach
- Private pristine pool & sun deck
10 mins Drive from Rodney Bay
This modern villa was built in 2004 and is located only a 10 minute drive from famous Rodney Bay one of the islands best known marinas.
3 mins Walk from Sandy Beach
Located in a quiet residential area just a 3 minute walk from Trouya Beach. The Windjammer Landing Resort is located nearby
3 Spacious AC Bedrooms
2 double bedrooms with private shower rooms, air conditioning and ceiling fans, fully furnished and spacious are situated on the ground floor. A master bedroom suite with king size bed, bathroom and double doors opening onto a private balcony with ocean views.
Built in 2004, Pristine Finish
The villa, just 7 years old has been designed in an elegant colonial style with a large entrance framed by square columns finished in cool, pastel shades.
Safe & Secure in Residential Area
Berglund Villa, located in this quiet residential area is also fully alarmed and has a video surveillance system installed for extra peace of mind.
Well Equipped Modern Kitchen
The kitchen has a dishwasher, gas hob, electric cooker, microwave and an adjoining laundry with washing machine and dryer included.
Water Storage Facilities
There is a 10,000 gallon rainwater tank and a 15,000 gallon water storage tank.
Home Office & Internet
A small office area with internet connection is located on the first floor as well as a couple of walk-in closets and an additional shower room.
Garage with Automatic Doors
There is a single garage with automated door system in place.
This villa is being sold fully furnished with a pristine interior reflecting an elegant colonial relaxed style throughout.
With a total land area of just 620 sq miles St.Lucia, often called "The Helen of the West Indies" because of its natural beauty, sits in the ocean like a shimmering jewel. Pristine white sandy beaches, tropical forest populated by rainbow-plumed birds and acres of orchards filled with sweet smelling tropical fruits such as mango, papaya and banana are crowned by the islands twin peaks the Gros & Petit Pitons.
How to buy St Lucia property
There are certain rules and regulations you must comply with as a non domicile of St Lucia in order to purchase a St Lucia property. For instance, you will need to apply for an Alien Landholding Licence. Generally the cost of purchasing a property on St Lucia will come out at between 6-8% on top of the purchase price. This will cover stamp duty, the Alien Landholding Licence, Treasury receipt, legal costs and registration fees. If you are taking out a mortgage, lenders tend to charge a set-up fee.
Alien Landholding Licence
Foreigners must apply to the Ministry of Planning for an Alien Landholding Licence which costs EC$1,500, is non-refundable and does not need renewing. The process takes up to 16 weeks as the application is vetted by the Physical Planning Office of the Ministry of Physical Development, Environment & Housing, approved by the Prime Ministers Office and finally by the Office of the Attorney General.
Your locally appointed lawyer will make the application for the Alien Landholding Licence on your behalf. Along with your completed application you will need to provide the lawyer with the following information:
Certificate of character for each applicant (from your local police station)
A bank reference
A copy of your passport data page
Full set of fingerprints (from your local police station)
4 passport size pictures of each applicant
Full details of the proposed property or land purchase (including a survey plan and land register of the property (from the Vendor) and a value assessment of the land or property (although the value assessment may not be necessary
Receipt proving payment of application fee
Initial approval from the Development Control Authority (this may not be necessary).
In addition to the application fee for the Alien Landholding Licence, the following fees are applicable depending on the land area of your property.
Land Area (in acres) Price (in EC$)
Under 1 $5000
There is no standard procedure on this, but common practice is to offer 10% of the purchase price as a deposit, which is forfeited if the buyer pulls out. If the vendor pulls out then the buyers 10% is returned as well as 10% from the vendor plus an additional penalty of 10%. In the unlikely event that the Alien's Landholding Licence is not granted, then the deposit is refunded.
Annual Property Tax
5% of the unfurnished rental value of your property, regardless or intent of use.
2% of purchase price
10% for non citizens or 5% if the property is owned by a local citizen of St Lucia.
There is no vendors tax if the property is owned by a company as you would transfer the shares in the company as a way of transferring the property (rather than by deed of sale). It is therefore best that all foreign clients sent up a local company and to apply for the license in the company's name. When you come to sell, you will be selling the company rather than the property itself.
There is no capital gains tax, inheritance tax or gift tax in St Lucia.
Local solicitors / lawyers usually charge 3% to 5% of the purchase price.
There are certain very attractive tax incentives available to a selection of 'returning residents' of St Lucia including the right to ship a container of 'personal goods' without paying duty on them and importing or purchasing a vehicle duty free.
To qualify for 'returning resident' status you must be a citizen of St Lucia, either by birth or parentage who is returning to St Lucia after a minimum of 10 years off the island or be married to the aforementioned citizen.
There are strict guidelines as to what constitutes 'personal goods' and various limitations that should be read thoroughly. For up-to-date information please contact your local Consulate General of St Lucia, or contact one of our agents.
Example of a full listing here - http://www.guidetostlucia.com/returning-residents.html