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Bayview Development, Beausejour, St. Lucia
Location: Saint Lucia / St. Lucia / Beausejour Ref No: 99/5161 Type: Price: € 222,132 ( $ 295,000 ) Bedrooms: 0 Bathrooms: 0 |
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Property Description:
With prices starting from £147,000 GBP, we are offering prices that are significantly lower than the rest of the Caribbean. Payment will be made in 4 stages: 25% on agreement and signing of contract 15% on commencement of construction 20% on construction of roof level 40% on unit handover There is no need to obtain a license to rent out your property, and there is no tax on rental income. There are lots of further tax benefits available, such as no Capital Gains tax, no tax on pension income, no repatriation tax and in general there are very favourable tax incentives in place. Prices of real estate has been appreciating 15-20% in the last few years, and is set to soar even higher in the future. There is a fantastic rental potential on the island, as currently 4,000 Hotel rooms has to cater to almost 1 million tourists annually. Local lawyers that we recommend will also be available for our clients, assist them in applying for the Aliens landholding license and they will also be able to help forming local Corporations, to reduce Vendor tax on resale to only 2%.
With prices starting from £147,000 GBP, we are offering prices that are significantly lower than the rest of the Caribbean. Payment will be made in 4 stages: 25% on agreement and signing of contract 15% on commencement of construction 20% on construction of roof level 40% on unit handover There is no need to obtain a license to rent out your property, and there is no tax on rental income. There are lots of further tax benefits available, such as no Capital Gains tax, no tax on pension income, no repatriation tax and in general there are very favourable tax incentives in place. Prices of real estate has been appreciating 15-20% in the last few years, and is set to soar even higher in the future. There is a fantastic rental potential on the island, as currently 4,000 Hotel rooms has to cater to almost 1 million tourists annually. Local lawyers that we recommend will also be available for our clients, assist them in applying for the Aliens landholding license and they will also be able to help forming local Corporations, to reduce Vendor tax on resale to only 2%.
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