2 & 3 Bed Ocean View Villas in Vieux Fort

US$485,000 to $575,000 unfurnished

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The new development located at the magnificent hillside setting at Castles in Paradise overlooks the picturesque Savannes and Honeymoon Bays. Nine properties have already been built and 4 more are about to start construction.

All the properties have been built in a castle style, but each is tailored to suit individual tastes and preferences. The properties have a strong solid appearance that befits any castle and the concrete roof decks and hurricane shelters ensure that they can face the most challenging elements. But on most days it is the soft breezes of the Atlantic that filter in and out of the spacious rooms and quietly across the tasteful tropically decorated balconies.

All the properties are privately situated, but one important feature of the homely complex is the impressive central pool bar, restaurant and swimming pool, a great spot to lime, have a drink with your neighbours and build community spirit and friendships.

Situated barely ten minutes drive from the town of Vieux Fort and the island’s major airport at Hewannora International Airport. There are no flight paths over this part of the island, so aircraft noise cannot be heard.

For golfers there is an added attraction of being close to Le Paradis, Praslin Bay and exiting world-class golf facility that has just started construction. The beautiful honeymoon beach is 3 minutes drive away.

Vieux Fort is the second largest town in St Lucia, after the capital Castries. With the main international airport and beautiful beaches Vieux Fort has a bright future ahead as tourism remains the main industry in St Lucia and the economy continues to expand at over 7% per annum.

Currently prices in the South are 50% cheaper than the North, but this is due to level off soon as the government promote more development in the South.

Owners can chose to live in their properties all year round or have it managed by Castles in Paradise on a short-term or long-term basis.

Some of the features include:

• 2 or 3 bedrooms with en-suite bathrooms (all with air-conditioning)
• Freehold
• Full owner occupation or managed in rented pool
• Furniture package available at cost
• Air-conditioned throughout
• Solar water heating
• Next to Savannes and Honeymoon Bay
• 10 Mins drive from town Hewanorra Airport
• Communal pool, bar and restaurant
• Ground rent of US$150/month to cover maintenance of all communal facilities and private grounds.
• Private pool can be built to requirements
• Private garden plus communal grounds
• Hurricane shelter
• 30% discount on building insurance from local insurance companies due to quality of structure.
• Private parking
• Gated entrance and manned security at nights
• Completion by 1st quarter of 2007
  

Prices:
One 2-Bed unit already built, price US$485,000, without pool
One 2-Bed units to be built, price US$485,000, without pool
Two 3-Bed units to be built, price US$575,000, without pool
Cost of building a private pool US$50,000 to US$85,000 depending on size.
Furniture package available for US$35,000 - US$45,000.

Payment Plan: When purchasing a ready built unit a 10% deposit is required and the balance payable on completion of the sale (signing of the deeds). When buying a villa off-plan the first payment is for the purchase of the land, e.g. a 2-Bed villa on 8,000 Sq Ft of land at US$6/Sq Ft would be US$48,000. You would then enter into a building contract covering the balance of the payment and spread over 4 parts as follows:
30% to commence work to foundation level.
30% to commence work to roof level.
30% to commence roofing and finishing.
10% Land Holding License and completion of sale

Click on our Property-Home-Page to see our full property listing. Visit our Financing page for details of attractive mortgages available to foreign buyers.