#realestateblogpost #stluciagreatpropertydeals #propertiesinVieuxFort
IT IS JUST ABOUT THAT TIME OF YEAR – GIFT YOURSELF & LOVED ONES A PROPERTY!
It is just about that time of year when everyone is thinking about GIFTING. There could be no better gift than a property investment for your love ones. Property ownership is one of the surest ways to create generational wealth. Congratulations to those who already own a home. Maybe it is time to get that overseas vacation home or secure an income property at home. Whatever is possible in respect of investing in property should be seriously considered.
Americans are at a stage in the housing market where properties are out of reach of the average person. The middle class is having a difficult time in acquiring property due to high market prices. There is urgent need for new inventory in the residential category. Last year we learned that prices increased as much as 32.5% in the USA. Here in St. Lucia it is the opposite, many home owners, due to COVID 19 have defaulted in their mortgage payments in spite of efforts by the banking sector to assist with payment terms that will cushion the harsh effects due to the COVID 19 pandemic. Many homes are now in the stage of foreclosure and others are being offered below forced sale prices. As a result, there are some great property deals on the market here in Saint Lucia.
I am pleased to share with my readers some interesting offers that have come across my desk in recent months. My best deal is for anyone seeking a Fixer Upper in the Quarter of Vieux Fort. This property is built in a high traffic area on approx. 21,000 sqft of Residential/Commercial (mixed use) land, with a concrete structure, comprising of ground and first floor, totalling approx. 9,000 sqft. for under EC$600,000.00/US$220,840.00. This is a property with great equity. This is my property of the year.
There are a number of new developments in the South of the island. Lots with an average area of 8,000 sqft. are being offered on the market for as low as EC$$10.50/US$3.87 per square foot in Dugard Ridge, Ti Rocher, Micoud.
If you are looking or a hideaway, I have two adjoining lots at Balenbouche, in the Quarter of Choiseul, approx. 21,000 and 25,000 sqft at EC $10.00/US$3.69 & 12.00/US$4.42 per sqft respectively. Great for an eco-property with cottages / guest house / family house with lots of space for gardening.
Finally on deals, I have two adjoining commercial buildings on Mary Ann Street in the commercial centre of Castries, located at a corner. Asking price for both: EC$700,000.00/US$257,647.00. Owner will sell individually or together.
There could never a better time to invest, prices are declining; owners are ready to make real great deals. It is going to be a December to remember for many who have the vision to look ahead beyond the COVID 19 pandemic.
This opportunity is taken to welcome all returning citizens and visitors to our shores as we look forward to a peaceful and joyous Festive Season.
Please visit our website at https://stluciagreatpropertydeals.com
EVERYTHING IS NEGOTIABLE FOR SERIOUS INVESTORS. Let us make a DEAL!!!
Our beaches await you!
Edward A. Harris, Real Estate Agent/Broker,
Mobile/WhatsApp 1-758-485-1456
Office: 31 Commercial Street, Vieux Fort, Saint Lucia
#stluciagreatpropertydeals
