SHOW-HOUSE


The Harbour development is located on the water-front of Rodney Bay in the north of St Lucia. The development project is now approaching completion and has been built to a very high standard of construction and finishing. The 3-Bed unit show-house can be viewed by clicking on the photo-album button above.

Timescale: All buildings are expected to be at roof level by 3rd quarter of 2007. The whole development is due for completion during the 1st quarter of 2008.

The Harbour properties have excellent investment potential, due to their location and expected high build quality. The beach, shops and restaurants are all a short walking distance away. Note that this is the last development on the Marina waterfront, therefore the scarcity value of available land on the waterfront will add to the already attractive price appreciation of these properties over time. Current property price appreciation on the Rodney Bay Marina waterfront is 10% - 15% per annum.

Design: Although the basic design of the units are the same, each one will have a very beautiful and unique external design. Designs will be chosen so that all units blend with each other.

Furniture: All appliances (Maytag brand) are included in the price. Furniture is to be supplied by the buyer, who can utilise the duty free concession of the developer (this will save 15% on costs). The services of a recommended interior designer is available to all purchasers. Furniture of your choice will be bought from Florida. All shipment, customs clearance and installation of furniture can be handled on your behalf.

Layout of 1-Bedroom Units: The lounge, kitchen, laundry room and guest toilet will be downstairs. A large bedroom and bathroom will be upstairs.

Layout of 3-Bedroom Units: The lounge, kitchen, laundry room and guest toilet will be downstairs. Two bedrooms with en-suite bathrooms will be on the first floor. The third bedroom with en-suite bathroom will be on the second floor.

All units will be fully air conditioned and have ceiling fans.

Floor Plans: Click Here.

Payment Plan: When purchasing properties forming part of a new development, the developing company would put in place an escrow account for owners to make their deposits into, so that the money is totally safe. The development stage payments is typically as follows:
10% deposit on exchange of purchase agreement
10% On completion of the ground floor slab
30% On completion of structure and roof
40% On completion of building (possession given)
10% Land Holding License and completion of sale

Closing Costs: The average property purchase in St Lucia has a closing cost of 5% (2% stamp duty + 3% solicitor fees). When buying off plan your closing cost will be only 3%, i.e. only solicitor fees.



Purchasing F.A.Q.
1...Are the properties freehold or leasehold?  All properties are being sold freehold. The buyer will own the town house and the land it sits own plus the private garden. Furthermore all buyers will be a part (share) owner of the communal grounds, pool and moorings.

2..Will I need an alien license to purchase?  Unless you are a St Lucian citizen, you will need to apply for an alien landholding license; this will be done by your acting solicitor as part of the property purchasing procedure.

3..What will the purchasing contract look like?  A   standard contract will be used with clauses added for the agreed payment plan and conditions. Further details can be supplied via email.

4...Who will I be able to get to manage the property?   There are several management companies available. One recommended management company is our associate "Villas In St Lucia". You can preview the management web-site at http://www.villasinstlucia.com

5...Have any units been sold yet?  To date 60% of the units have been sold.

6...Can I see photographs of the construction site? Photographs can be supplied upon request by email.

7...Can I visit the construction site? Visits can be arranged when in St Lucia. Also more detailed information and drawings will be shown.

8... What is the cost of the moorings and how big are they? The 14 moorings are owned by the condominium company, to which every condo owner has an equal shareholding. There may be a small monthly fee payable or the mooring may be free (to be decided by the committee). The moorings are allocated on a first come basis and in reality, as per other condominium complexes, there are always plenty of spare moorings on any given day. The moorings are 30 feet long and can take a boat up to 50 - 60 feet long.

      Some of the features include:

• Waterfront town houses
• Quarterly ground fees of approx US$800, covers all external maintenance (including pool and grounds), facilities and building insurance
• Full management facility available
• Gated community with night security
• 50ft swimming pool
• Spa next to pool
• Private docking for up to 50ft yachts
• 5 minutes walk from the local Reduit beach (regarded as the most beautiful beach on the island)
• 2 minutes walk from Rodney Bay Shopping Mall
• Short walk from an abundance of restaurants, wine-bars and shops
• 5 minutes drive from St Lucia Golf and Country Club
• Use of private moorings for personal or guest yacht
• Project completion date - Mar 2008
• Structured payment plan for off-plan purchase, spread over 3 years
  

Site Plan

Price List For Remaining Units At The Harbour, Rodney Bay.

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