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Tropical Villas Ltd
Category: Real Estate
Island: St Lucia
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St Lucia Real Estate, Tropical Villas Limited

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St Lucia real estate, properties for sale on St Lucia
Melissa Faye Joseph, St Lucia Real Estate

 

From left to right, Bridget McNamara, Luann, Margueritte, Karen and Cindy - Villas of the Caribbean, St Lucia villa rentals, St Lucia real estate

 

Margueritte Martin - Guest relations officer, St Lucia Villas of the Caribbean, St Lucia real estate, St Lucia property management
The sales department of Tropical Villas grew directly out of their villa rental and management business, becoming a separate company in 2000. It has recently received an injection of energy through the arrival in 2005 of Melissa Faye Joseph, a real estate professional licensed in Florida, who has taken over sales and long term property rental. Tropical Villas itself is the largest and leading villa rental and management company on the island and has been in business since 1985. Please see more details of Tropical Villas' rental services.

Tropical Villas’ real estate arm is relatively young, but the creation of a Villa Sales Department was a logical step because Tropical Villas are so in tune with the villa market. Owners of the villas they managed were often asking the company to recommend a real estate agent. Eventually they decided to offer the service themselves. Of course they are also able to advise potential buyers of which houses and apartments are or are likely to be coming onto the market.

The real estate sector in St Lucia has developed gradually since the mid 1990s, but it has not seen an explosion in value as it has in some other islands in the region. And with top villas still valued at less than US$2 million, land and houses are still much cheaper than they are in Barbados, even than in Tobago and Grenada. There are several developments going on at the moment, but many people consider the market in St Lucia still to be relatively undervalued.

Most of the development is in the north of the island, along the protected Caribbean shoreline north of Castries. The Vigie Peninsular (close to the northern airport) was popular when life was more centred on the capital, and so there are some excellent houses there, but as the tourism industry steadily grew in the second half of the twentieth century, so the top residential areas shifted farther north, to Rodney Bay and particularly to the very northern tip, in the Cap Estate. There are developments in progress there. There is just a little development on the rest of the island, in the ‘South’ around Soufrière.

The Villa Sales department of Tropical Villas is co-located with the villa rental and management section of the company, in their building at the entrance to the Cap Estate in the very far north of St Lucia. Melissa Faye Joseph is a St Lucian who lived in the States for many years and has just returned. She worked in property management in the USA for Fenster Realty, then passed the Florida State exams to become a real estate professional. She has worked as a licensed real estate sales agent for many years in Florida.

Below you will find a sample selection of St Lucia property for sale through Tropical Villas. Please contact them directly for further advice on land and homes for sale. All property descriptions are supplied by Tropical Villas.
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St Lucia Apartment Sales

The Harbour
The Harbour consists of 25 townhouses in the Rodney Bay area, of which 14 units are 3 bedroom 3 ½ bathroom (11 are sold). Total area 3035 sq feet. Rodney Bay offers shops, banks, supermarkets, restaurants, tennis courts, golf course, and great marina facilities.
Price: US$850,000

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Allamanda at Anse Galet
Three villas and 17 apartments make up this gated community in a secluded cove with a private jetty, two communal pools with sun decks and spectacular views of the Atlantic. There will be two three-bedroom villas and one four-bedroom villa on the Eastern side of the six acre development as well as four one-bedroom apartments, three two-bedroom apartments, six two-bedroom duplexes and four three-bedroom duplexes around the pools and gardens.
Price: From: US$765,000

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Rodney Quay
This charming waterfront town house, enjoys cooling breezes and has a delightful view of Rodney Bay Marina and the boats that use it. Rodney Quay is situated within two minutes walk of Reduit beach, one of the best beaches on the island and just a short walk from a variety of excellent restaurants, shops, and supermarkets.
Price: US$650,000

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Bayview
Two bedroom waterfront condominium on spectacular setting of The Rodney Bay Marina. Great for the retiree, young couple just starting out or as an investment property.
Price: US$399,000

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Admiral's Quay
Situated in the townhouse development of Admirals Quay, Rodney Bay, this unit is within walking distance of Reduit Beach, the JQ Shopping Mall and restaurants of Rodney Bay. With spacious rooms and French doors leading to a patio the view is of the Rodney Bay Marina. This property is perfect for investment or for a young couple starting out.
Price: US$615,000

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Villa Sales

Albatross Nest
This romantic four bedroom villa is ideal as a family home or for the short-term rental market with fantastic views over the central courtyard and pool area to the Atlantic Ocean. Surrounded by tropical gardens there is complete privacy, yet easy access to the ameneties of the Cap Estate, such as the St Lucia Golf and Country Club.
Price: US$2,000,000

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Villa Bella
Villa Bella is located in the residential are of Mount Hardy, with its bars, restaurants, shopping center and beaches all within 10 minutes drive. The villa itself comprises three en suite bedrooms, kitchen, living room and bar, dining room, guest bathroom, laundry room and a swimming pool with patio surround and garden.
Price: US$1,000,000

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Windshift
Split level house with 5 bedrooms and 4 bathrooms in two separate self-contained apartments. Set in 18,000 sq ft of landscaped grounds with numerous fruit trees and fantastic panoramic views of Rodney Bay and Pigeon Island.
Price: US$595,000

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Easy Living
The Mediterranean style 5 bedroom villa is designed to live up to its name with a gated entrance courtyard that sweeps you through to the living area and out to the pool terrace. The property lends itself to entertaining with magnificent views over the Cap Estate Golf Course and out to sea, whilst remaining quiet and private within a landscaped garden.
Price: US$1,400,000

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Bay View Villa
Five bedroom detached luxury villa and pool totaling 8,000 sq. ft. Overlooking the whole of Marigot Bay, Roseau Bay and across the Caribbean Sea to Martinique.
Price: US$2,500,000

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Trouya Villa
Trouya is a 3 bed/3 bath St Lucia villa that is tucked away on a cliffside offering stunning views of Reduit Beach, Pigeon Island and the neighbouring island of Martinique to the north.
Price: US$1,300,000

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Acacia
This extensive villa sits high on a hillside at Becune Point in approximately an acre of gently sloping gardens. There are five bedrooms either side of a fully fitted kitchen and a large living room that opens up to a covered sitting area and a raised pool terrace with a wet bar, built-in BBQ and an 8 person Jacuzzi. This property offers fantastic views past Pigeon Island National Park to Martinique on a good day and is a short walk to Causeway beach and a short drive to the Cap Estate Golf and Country Club.
Price: US$1,200,000

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Cinnamon Beach
Cinnamon Beach is a delightfully decorated Caribbean villa quite near to Windjammer Landing in the Trouya area of northern St Lucia. The master suite has a king sized four poster bed, an en suite bathroom with Jacuzzi and a private deck that leads to a roof-top sun terrace. The other two bedrooms have queen beds and share a bathroom. The pool terrace and dining gazebo offer fantastic views of the surrounding hills and gardens with views out to sea. Approximately 10 minutes drive to Rodney Bay.
Price: US$1,300,000

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Kinnoull
Kinnoull is an elegant 4 bedroom villa that nestles into the hillside at the southern end of Mount Du Cap with views over Cap Estate and Pigeon Island out to the Caribbean Sea and further south to the Pitons. Three en suite bedrooms are upstairs in the main house whilst downstairs is a sea-facing sitting room with open plan kitchen/dining area and wooden veranda. The pool terrace sits below the main house, next to the one bedroom guest cottage with private dining gazebo. Very popular rental villa.
Price: US$990,000

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Residential Sales

The Avenue
115 meters above sea level, The Avenue consists of four three-bedroom villas within a gated community in South Hills. Each villa faces East, making the most of the fantastic views along the Cap Estate Golf Course to Cas en Bas beach. The villas are all split over three stories with the bedrooms on the top floor connected to a sitting are/office. On the middle floor you will find the entrance and garage, open plan living/dining area with a modern kitchen, laundry room and powder room. Downstairs there is a pool terrace, dining gazebo, pool pump and supply room which in some villas can be turned into a guest studio.
Price: From: US$950,000

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Land Sales

Golf Park Land
Approximately 28,900 sq ft of land at a very reasonable price given its proximity to the other developments in the Cap Estate area: notably the Raffles St Lucia with its Jack Nicklaus Signature Golf Course, as well as old favourites such as The BodyHoliday at LeSPORT.
Price: US$318,000

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Ti Colon
Parcel of gently sloping land with possibility for both residential and commercial development in an area of St Lucia that has not seen much development, but that has the potential to provide a good return of investment in the mid term.
Price: US$482,000

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La Blanc
Approximately four acres of hilltop land in the Laborie area. Ideal for residential development, Laborie is a quiet, undeveloped part of St Lucia, home to the local art and crafts scene and near to the famous Pitons, Diamond Mineral Baths and Soufriere Sulphur Springs.
Price: US$742,000

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Ranch Site
46,990.75 square feet of elevated land in the much sought after Cap Estate with panoramic views to the Atlantic Ocean along the northern coastline of St Lucia. This Lot benefits from cooling trade winds and is conveniently located 10 minutes drive away from Rodney Bay with all its facilities such as restaurants, bars, shops and services.
Price: US$705,000

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Buyer’s Guide
If you are a non national of St. Lucia, there are certain formalities which would have to be completed in order to purchase a property in St. Lucia. You would have to apply to the Ministry of Planning for an Alien's Landholding License. There is a fee of EC $500.00 which is to be paid to the Government upon application for the License and is non-refundable.

Upon application for the Aliens License application, you need to provide your solicitor with the following :-

Duly completed application form
Certificate of character in each applicant
Full set of fingerprints
Statutory declaration
2 passport size pictures of each applicant
A survey plan of property
The land register for the property (which should be obtained from the Vendor)
The map sheet showing the property (which should be obtained from the Vendor)
Receipt evidencing payment of application fee.

The procedure for an Aliens License takes a minimum of 3 months.

The price of the Alien’s Landholding License for under one acre of land is EC $5000.00. Above 1 Acre of the land the price is as follows: -

Over 1 Acre
And up to 10 Acres - $10,000 EC

Over 10 Acres
And up to 20 Acres - $20,000 EC

Over 20 Acres
And up to 50 Acres - $30,000 EC

Over 50 acres
And up to 100 acres - $40,000 EC

Over 100 Acres - $50,000 EC

Additional charges - Lawyer's fee are about 3 – 5% of the price of the building plus 2% stamp duty.

Property Tax
All property owners are liable to pay property tax annually; the amount paid is determined by the rental value of the property. There are no property taxes on un-developed land. All non-nationals have two years to build after purchasing land in
St. Lucia (this information is outlined in the Alien’s License documents).

Services
Tropical Villas can offer you a range of management/or rental services to assist in the removal of the day-to-day hassles that arises from absentee ownership.

Tropical Villas can also assist with acquiring the following services if needed: -
Lawyer
Contractor/Builder
Architect
Valuer
Quantity Surveyor

Selling
St. Lucian Nationals are only required to pay the following Vendor’s Tax:-

On the first EC $50,000 exempted
On the next EC $25,000 – 2.5%
On the next EC $75,000 – 3.5%
On the balance – 5%

Non national owners pay a 10% Vendor’s tax when they sell their property.


Important Notice

No description or information given whether or not in this review and whether written or verbal information about St Lucia may be relied upon as a statement or representation of fact. Neither Definitive Caribbean, Tropical Villas Ltd nor its joint agents have any authority to make any representation and accordingly any information given is entirely without responsibility on the part of Tropical Villas Ltd or Definitive Caribbean.
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