ABOUT THE PROPERTY – Terracotta Townhouse
The Terracotta comprises of 2600sqft over 3 floors and is both elegant and stylish with its open lounge, al fresco dining terrace, kitchen and breakfast bar and covered dining terrace. An eclectic blend of furnishings – from painted French furniture, modern metal designs and colonial Plantation styles through to traditional mahogany, complement the layout. The balcony overlooks the lush garden with a private swimming pool and a sundeck that is dressed with luxurious teak furnishings and a top deck with a private sun terrace and Jacuzzi. The ground floor air-conditioned bedroom is furnished with two twin beds, a television and has its own private entrance.
The master air-conditioned bedroom on the second floor houses a luxurious, mahogany 4-poster bed, two closets, television and DVD. The en-suite is finished with a generous marble surround and a powerful shower unit. The louvered sliding doors open out onto a large private balcony overlooking the garden and pool. The second air-conditioned bedroom is a comfortable King size room with its own en-suite, two closets and television. The second balcony is accessed by the room’s private louvered doors. The rooftop is dressed with a private deck, sun terrace and whirlpool spa.
About the Resort:
Cotton Bay Village luxury resort is located on Nine acres of beachfront land in Cap Estate, adjacent to the exclusive St Lucia Golf and Country Club. Its white sand, tall palms, turquoise seas and sheltered cove with constant breezes make this resort unique in St. Lucia and ideal for wind and kite surfing, sea kayaking and horse riding. The resort consists of seventy-four luxury villas and apartments, which are already built and completely sold out. The properties available now are the occasional re sales from individual owners handled by us as the onsite sales office. Cotton Bay Resort has already won various awards including being rated in the Top 10 spa resorts in the Caribbean and Mexico by Trip advisor, www.tripadvisor.com and is already a member of the small luxury hotels of the world: http://www.slh.com Adjacent to the resort is the exclusive St. Lucia Golf and Country club.
Features
3 Bedroom 3 Bathroom Apartment
Fully Furnished
Full Airconditioning
Swimming Pools
Close to the Beach
RENTAL PROGRAM:
This exceptional resort successfully combines the investment benefits of a resort community with the freedom of owning your own FREEHOLD/DEEDED property. One of the many differences between this resort and that of its competitors is that you are allowed to decide when and how long you wish to use your own home for. If you wish to spend 1 or 52 weeks a year or anything in between that is fine. However, when you are not using the property for yourself or family and friends, you can choose to enter your home into the hotel managed rental pool and generate a healthy return.
WHY ST LUCIA?
Well, St Lucia has experienced more than its fair share of publicity over the past 12 months, especially within the Canadian and UK markets, increasing both visitor numbers and buyers of Residential property. Throughout the Credit Crisis St Lucia’s real estate market has held firm and now with real positive signs of sustainable recovery it won’t be long before double digit price increases are here again. Part of the reason for St Lucia’s success is that it attracts High net worth individuals who are less affected by the credit problems. In addition thankfully the number of homes being built in is still very low when compared with other destinations so we do not have an oversupply of homes which causes values to be under mined as has been experienced in many other locations around the world recently. The massive $120 million purchase and re development of Rodney bay Marina by IGY has also poured money into the local economy positively effecting local infrastructure and property values.
Listed below are some more of the reasons that have led many people to the conclusion that now is the perfect time to diversify and invest in St Lucia.
*
*
* No Income Tax
* Virtually No Property Tax ($30-$50 per month)
* Tax haven and Off Shore Banking institutions
* Mortgages up to 70% LTV secured on St Lucia Property Typically 4-6% interest pa.
* Year round Tropical climate and rental Season See Weather today
* New 5
* Hotel resorts attracting more up market tourism and increasing average room rates for hotels and rental property alike.
* Excellent 'Air Lift' with numerous International flights to the UK, USA and Canada.
* Growing number of European and Canadian Holiday makers
* 40% cheaper than Barbados - just a 30 minute flight away
* $120 Million re-development of the Rodney Bay Marina by IGY to accommodate the growing number of Mega Yachts and motor cruisers.
Please note the USD price is the correct price and the GBP price is an estimate. For an up to date conversion to GBP please visit www.xe.com
