Purchasing your piece of paradise is exciting!!
With an increase in flight arrivals, rapid economic growth and the government encouraging visitors to the island, so too is the popularity rising in St. Lucia for second home buyers. St. Lucia was recently the only island in the Caribbean ranked in the top thirty by the World Bank as countries to invest in. Impressive stuff!
The island is considered an excellent location for real estate investment, especially for those seeking rental yields because you get the best of both worlds – a luxurious haven to escape to when you want, and the rental return when you can’t be there.
Basic need-to-know costs, fees and facts: The buying process is relatively straightforward for non-residents if you follow the correct procedures. Here are a few key things you should be aware of to avoid any unwanted surprises:
Purchasing a home in the Caribbean should be fun and exciting… just think, in a matter of months, you could have your very own tropical paradise to escape to when the weather gets you down at home! Knowing the important details means you can get on with the adventure and actually start looking!
Happy House Hunting!