Hot Caribbean Property in St. Lucia with the Bay View Villas, Beausejour

With the UK enjoying record Caribbean temperatures of its own, you might well develop a fondness for 30º sunshine and want to make the heat wave a bit more permanent. Well fear not, the perfect solution is here in the form of a property investment which can pretty much guarantee you 30º temperatures all year round.

The white sandy beaches and sapphire blue seas are just one of the many reasons the Caribbean has developed a reputation not only as an idyllic exclusive destination but as magnet for celebrities and royalty from far and wide searching to vacation in peace and own superstar property. The Caribbean and St. Lucia in particular, has garnered a niche in the property and travel world regularly hitting the headlines for either the latest celebrity spotting or ground-breaking luxury vacation resorts.

According to a recent article in The Wall Street Journal by June Fletcher on 2 March 2006, “home prices have as much as quadrupled in the past two years on the lesser-known and more remote Caribbean islands”. Americans have been buying vacation or retirement homes on well-know Caribbean islands such as St, Thomas, Barbados, and St. Croix for many years now leading to astronomical property prices and scarcity of prime waterfront property lots. All is not lost as the latest wave of building has moved to some islands that people have never heard of or lesser know locations such as St Lucia.

Overseas property is in the media more than ever as individuals in pursuit of a better climate, low-cost living, tax incentives scour the world for their ideal property abroad. The Caribbean in particular fits the bill as favourable investment location with a property purchase in pounds sterling currently offering extremely good value with the strength of the pound versus the dollar. VacationRental.org Blog noted that it’s directory listings indicate a continued development of fine vacation rentals have been built in the “out islands” of the Caribbean. 

So where to buy? Oprah Winfrey says of the five things you must do in your lifetime, a visit to the Val de Pitons is number one. Designated as a coveted world heritage site, the volcanic, cone-shaped Pitons are the jewel in Saint Lucia’s crown and the Nº 1 draw for visitors searching out the islands magnificent natural beauty and an opportunity for immediate income and future capital appreciation. Located between St. Vincent and Martinique, St Lucia’s booming presence in the luxury homes market, is thriving with the last 5 years seeing an annual property appreciation of 5 percent and 15-20 percent within the past year. Friendly people, natural rain forest beauty, stable government and local culture are just some of the things that make St. Lucia such a desirable location.

Bargain St Lucia property on the market
Now there are more bargain property hunters out there than luxury home buyers so lets start with a new development one that won’t break the bank.

Beausejour, St. Lucia is the stunning setting for The Villas at BayView, located in 35 acres of green spaces and miles of walking trails and bike paths, the Bayview community is a place where you love to live, work or escape and your perfect Caribbean home in the sun. Thoughtfully inspired architecture combines timeless Caribbean charm with careful craftsmanship which complements the area’s natural surroundings. Wide, open porches are warm and inviting, whilst rich colours reflect the local environment. The villas at BayView feature three good sized bedrooms and a generous living space both inside and out. The Mahoe villa has a total area of 125 sq/m whilst the Tamarind is 141 sqm. Internally the finishing will be of a very high standard including white goods and furniture packages are offered at competitive prices.

The Villas at BayView development nestle in St Lucia’s northern corner, surrounded by lush green hills and looking out over the ocean. Bayview caters for all of your lifestyle needs, enjoy a round of golf at Cap Estate’s St Lucia Golf and Country Club, bring the day to a close with a sunset walk along the one of the islands best beaches and finish up by sitting down with friends for a leisurely dinner at the infamous Rodney Bay and choose from a mouthwatering array of international cuisine.

BayView is the perfect combination of strong return potential with expected capital appreciation of 15—20% and 5 star luxury. Payment terms are 5%-25%-30%-40% on completion in August 2007 when full Rental Management and a Maintenance options will commence.

Currently on the market starting at £170,000, Nubricks has negotiated a deal to secure Villas from £145,000 offering an even better investment. Email Nubricks today, for more details and to check current availability.

Dream property in St Lucia
In contrast, if you are searching for the vacation home of your dreams, read on for St Lucia property Part Two….