St. Lucia Real Estate: General Information
Considered one of the Caribbean's most strikingly beautiful islands, St. Lucia real estate is for buyers looking for a little slice of the South Pacific. Cap Estate villas for sale can be a particularly profitable venture, as rental properties in this area are extremely popular with visitors who enjoy its golf, scenery and tourist infrastructure. St. Lucia is accessible by several direct flights from North America as well as Europe and is a hub of inter-regional travel as well. For convenience combined with natural beauty, St. Lucia real estate is unmatched.
- Stamp duty: 2% of the purchase price
- Legal fees: approx. 3-5% of the purchase price
- Deposit of 10% required at the time of purchase
- Alien landholders license: required for foreign nationals and non-transferable between properties; processing costs approx. USD $550 and takes 3 months
- Financing available on-island for 60-95% of purchase price over terms of 10-30 years; interest rates vary between 7-10%
This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. These offerings are subject to errors, omissions, changes, including price, or withdrawal without notice.