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6 Bedroom Ocean View House, East Coast

Ref:80

Status: For Sale Price USD $665,000 Location: Escap East Type: Triplex Living Areas: Beds: 6 Baths: 5 Floor Area: 6500 sq. ft. Plot Area: 17,000 sq. ft. Email us about this listing Tel: (758) 718-0774 info@stluciamls.com Gros Islet Caribbean

BEST OPPORTUNITY SOUTH OF THE ISLAND

THE SAVINGS:
* No property tax for 2 years
* No income tax on rental revenue
* Only .5% transfer tax on purchase
* No duty on building materials for additions

THE OPPORTUNITY
* Zoned mixed use (CONVERSION to guest house, B&B, hotel is allowed)
* Lower lever 2 bedroom apartments with rental revenue of EC$3,500 per month
* Upper level villa rental of $4,500 per month
* Addition of pool with 60% savings on the landed cost of all imported materials
* Tourist attraction (rainforest, waterfalls, ATV, Zipline) within 10 minutes of property

Extremely large well-appointed house with sea views.

Newly renovated and close to main Highway to Castries. The house is situated in the gated community of Escap Development east coast St. Lucia. 15 minutes to St. Lucia Hewanorra airport (UVF).

Close to rainforest, waterfalls, secluded beaches, Fond Bay beach, ATV tour and zipline.

The development offers duty free concessions, no tax on property or income until 2012.

The house consists of 2 ground floor apartments with provision for inclusion of a 12 x 20 pool.

Reduced title and property transfer tax.

Excellent rental income potential.

ALL PROPERTIES AND THE CONTENTS ARE INTENDED AS A GUIDE AND DO NOT FORM PART OF A CONTRACT. BUYERS SHOULD SATISFY THEMSELVES AS TO ANY INFORMATION CONTAINED HEREIN.

Tel: (758) 718-0774 | Email: info@stluciamls.com | Website: http://www.stluciamls.com