The 'I HOTEL' is arguably THE BEST VALUE project here in St Lucia and successfully combines the investment benefits of a resort community with the individuality and freedom of owning your own FREEHOLD/DEEDED property.
The 'I hotel and country club' will be the final phase in the famous Cotton Bay Village Resort which is a luxury Beach development situated in the far north of the island adjacent to St Lucia Golf and Country club and of course directly on the beach.
Cotton Bay Resort has already won various awards including best spa resort in the Caribbean and Mexico and is proud to be a member of the small luxury hotels of the world: http://www.slh.com.
Prices here are incredibly good value for off plan investors with a Studio’s from $150,000, 1 bedroom apartment starting from $225,000 and a 2 bedroom from $325,000. Prices are expected to rise some 40% during construction as occurred during the development of the original Cotton Bay village itself so clients who buy in early will benefit from excellent capital growth opportunity as well.
One of the many differences between our resorts and that of our competitors is that we allow you as the owner 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 by us. 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 for a healthy return.
So why choose 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 and 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. 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
• Tax haven and Off Shore Banking institutions
• Mortgages up to 70% LTV secured on St Lucia Property Typically 4.5-5.% interest pa.
• Year round Tropical climate and rental Season
• 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.
This project is available 'Off Plan' and so viewing is not essential. Should you decide to purchase without viewing we will be happy to offer a $3,000 voucher that can be used for you to visit St Lucia to view the progress of the resort at anytime over the next 18 months or alternatively as simply a CASH BACK.
Features
1 Bedroom Apartment
Golf Course on site
Spa Facilities
Furniture Package available
However, should you decide that you wish to visit St Lucia, we will be happy to arrange a full 7 day holiday for two people to stay in one of our luxurious apartments already built in our completed resort giving you anexcellent chance to get a real taste for what make St Lucia and our resorts so very special.
For more information and details on availability please feel free to contact us.
www.overseasdreamsworldwide.co.uk
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
