Cash Back Offer - Luxury Furnished 3 Bed for Sale in Gros Islet, Beausejour Near Rodney Bay, St. Lucia

Luxury Furnished 3 Bed Villas Sea Views -Cash Back Offer

Bayview offers residents an iconic lifestyle that captures the essence of Caribbean living with generously proportioned 3 bedroom villas and expansive ocean views, all within a resort setting.

Bayview is a 35 acre site at the north of the island overlooking the Beausejour cricket ground, with views of the Caribbean (towards Rodney Bay) & Atlantic seas (towards Anse Lavoutte). Rodney bay is 5 minutes (3.5km) away, and is a lively marina town, with plenty of bars, restaurants and a jazz festival every Friday night.

We offer 2 types of ‘freehold’ models the Mahoe and Tamarind. The Tamarind offers a wrap around balcony for an additional £10,000 ($20,300). Each plot is just under a 1/3rd of an acre which will allow if you so wish to have a private pool built. We would be very happy to advise on plot selection if you tell us your requirements. We are now taking reservations for plot ‘C’ which is the last phase to be released and also the last to be built. The site starts at 2 metres above sea level in phase A & B, raising to 120 metres in C and dropping back to 40 meters in D. Because the build has started the remaining units in phase B will be Mahoe models.

The prices start in phase A,B & D from £167,000 up to a max of £250,e villas are 3 bedroom 2 bathroom 1 en-suite fully air-conditioned but also with ceiling fans and vaulted ceilings. The floors are tiled throughout and all white goods are supplied in the kitchen. The average plot size is 605sqm and the villa sizes range from 125sqm (1362sqft) for the Mahoe and 141sqm (1536sqft) for Tamarind. These homes are built to hurricane standard, to withstand winds of up to 155 mph. The build time has now started in section B and the whole is due to be completed in approximately December 2009.

. As you are aware the price of Bayview is very comparable to surrounding properties in the area.

The official tourism figures for 2004 were 49.7% room occupancy and 68% for 2005. As you can see, there is a steady climb and they predict that these figures should be the same if not increased for last year. We have been advised by the Tourist Board that they anticipate a rental figure of just over £520 ($1055) per week and a 70% occupancy rate. Whilst we cannot guarantee these figures, they give a gross return of 11% on a £160,000 ($324,800) purchase price.

We can give you details of 2 mortgage companies that can arrange mortgages for homes in St. Lucia. These are 70% LTV which means that they will lend 70% of the value of the home. You will need to arrange 30% deposit and then the bank pays the developer direct the instalments through out the build.

Payment Structure

48 hours reservation period
$4000 (£2000) reservation deposit refundable up to 21 days less small admin fee.
25% of purchase price less reservation fee due after 28 days.
15% once building has commenced.
20% at roof level.
40% on completion.

Contracts can be issued in US$ or GBP.
Prices can be converted to US$ and contracts issued at the Bank of England closing exchange rate of the previous day for the reservation date.