St Lucia Property - Marquis Estate

PROPERTY FOR SALE IN ST LUCIA

Considered to be one of the most romantic destinations in the world, Insight Property Group is delighted to bring you this latest property for sale in St Lucia - a strikingly beautiful tropical island situated at the heart of the Windward chain in the Eastern Caribbean.

Located between St Vincent and Martinique, St Lucia is mountainous and fertile, its spectacular peaks and deep valleys draped in the lush greenery of the rainforest and blooming with tropical splendour. The stunning 158km of coastline offers variety from classic stretches of white sandy beaches to the dramatic cliffs and hidden coves, and has some of the finest natural harbours in the Caribbean. The iconic towering Pitons are just two of the island's natural wonders: the spectacular twin volcanic peaks rise majestically from the sea, midway down the Caribbean coast.

As well as being the perfect place to relax and do nothing, St Lucia offers visitors a colourful kaleidoscope of attractions to entertain them. Experience the adventure of exploring its sultry rainforest and swimming in its tropical waterfalls or take advantage of the excellent opportunities for snorkelling and diving in the clear turquoise waters surrounding the island, which are home to a magnificent array of colourful marine life.  St Lucia has a tropical climate with temperatures averaging 27°C and average daily sunshine of 8 to 9 hours.

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MARQUIS ESTATE - THE INVESTMENT - 100% FINANCE AVAILABLE - 10% GUARANTEED RENT FOR 2 YEARS

Features included are: master plan created by internationally renowned architects, premiership football academy, tennis academy from a world renowned tennis player, 18 hole signature golf course designed by a golfing legend, all fully managed by a 5 star operator. And with the first of the developer's master plan developments set to open its doors this June in St Vincent, availability is bound to become scarce and prices are increasing regularly.

Key Investment Features

• Up to 50% below market value
• Prices increasing regularly securing equity on completion (prices set to double between now and completion based on today’s value, no future growth accounted for!)
• 100% financing available subject to status
• Only £1,000 to reserve
• Prices start at just £135,000
• Exceptional yields following completion and rental guarantee even at just 60% occupancy, hotel target 85% occupancy
• 10% guaranteed rental income for the first two years with 30 days personal usage included.
• Use your pension to increase your capital value and produce a significant tax free income up to and through retirement with the ten year guaranteed income scheme
• No purchase tax, No capital gains tax and no inheritance tax*
• 30 days free personal use a year (except SIPP investors)

*We do recommend however, that you seek independent tax advice.

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Each luxury property on the Estate will be uniquely positioned to take advantage of the natural beauty and scenic vistas afforded by this wonderful setting. Stunning landscaped gardens embrace this tropical paradise and use nature to provide the perfect surroundings for each property. Secluded sun terraces and shady verandas will be the perfect setting to enjoy the delightful tropical tranquility of this lush green paradise. 

Just 30 minutes from the George Charles Airport near Castries, the development occupies a prime location on the unspoilt north eastern coast of St Lucia and this exclusive 600 acre resort is destined to become one of the Caribbean’s finest luxury destinations.

EXAMPLE DEAL

• £150,000 purchase price
• 30% deposit - £45,000 (can be invested via SIPP)
• Value of unit on completion £260,000 (as per red book valuation in 2008)
• Projected equity on completion in 4 years £155,000.
• Up to 70% developer loan on completion, £182,000 (est 6% p.a.) = £10,920 p.a.
• 2 year 10% p.a rent guarantee from the day of completion = £15,000 p.a (10 year option available)
• Estimated annual profit for 10 years post completion = £3,080 (after costs)

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ST LUCIA - AN INTRODUCTION

St Lucia is an increasingly popular holiday destination that is also one of the most accessible. Three major airlines from the UK provide a direct service to St Lucia with a flight time of nine hours and from 2009 Virgin Atlantic will increase its non-stop flights from the UK to a daily service. A direct service is also available from the US and St Lucia is five hours from New York and three hours from Miami.

The St Lucian Government sees expansion of tourism as a key objective. In 2007 hotel occupancy was 69.7%, meaning that there is excellent rental potential for properties. The total number of visitors increased by 19.4% between 2002 and 2007. In the period January to June 2008, stopover arrivals were up by 9.1% with visitors predominantly from the USA and Europe and increasing numbers from Canada.

The island is still unspoilt and undeveloped and the World Bank has recently placed St Lucia in the top 30 countries in the world to invest, making it the only Caribbean country to make the top 30, ahead of Barbados and Antigua.

The real estate sector in St Lucia is booming and in 2007 it grew by 7.6%. Property prices are still more reasonable than on other islands in the Caribbean and are 40-50% lower than on Barbados. Prices have increased by around 40% per annum for the last 2 years and are projected to continue to rise for the next 5 years. Land prices on the northern tip of St Lucia have doubled over the last three years and are expected to double again in the next two years. As a volcanic island there is limited land suitable to build on, so it will never be overdeveloped and will not have an oversupply of stock. The long term effect of this is that property prices will hold their value.

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THE SPORTS ACADEMY

The Sports Academy at the development will offer world class coaching and state of the art facilities for tennis, football and cricket.

The Liverpool FC Soccer School will provide unique training and coaching programmes in an environment where everyone will be given the opportunity to play football to the best of their ability, with encouragement and training to develop the skills necessary to enjoy the game at whatever level they wish to play. The football facilities will also be available for professional teams to undertake intensive pre-season training.

The Pat Cash Tennis Academy will provide individual and group lessons for players of all ages, standards and abilities. It will offer a selection of courses and tailor made coaching packages, all of which include professional tuition and DVD video analysis. The academy will also host pro-celebrity tournaments throughout the year and coaching clinics by former Wimbledon champion Pat Cash.

NEW - PAT CASH PENTHOUSE SUITES - Insight Property Group is now offering the exclusive Pat Cash Penthouse Suites in St Lucia on a pre-launch basis with exciting discounts, these units represent a great investment due to high expected occupancy levels and rental yields. Click to read more

The Cricket facility will also offer courses for all ages and levels of experience. In particular it will be a fun environment to encourage youngsters to learn game skills and give them confidence in their own ability. Coaching will cover all the basic cricket skills such as batting, bowling, wicket keeping and fielding, which can be put into practice in game conditions.

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FACILITIES

• The development will operate a 24hr concierge service to provide guests with all services they require, such as restaurants and spa bookings, arranging taxis and excursions
• Magnificent Gary Player Signature Golf Course
• Enjoy a leisurely pony trek or walking trip along one of the resort’s many picturesque trails
• The Sports Academy will offer expert cricket, football and tennis coaching for both children and adults
• The Fitness Centre will comprise a full range of cardiovascular and physical training equipment including resistance weight machines, treadmills, bikes, cross trainers and rowing machines
• The Island Sanctuary Spa will have indoor and outdoor treatment suites providing a range of massages, beauty treatments and holistic therapies, as well as yoga, Pilates, Reiki and meditation
• The development will have several bars and restaurants which offer guests a choice of cuisine, ranging from fine dining to casual eating. These include a signature chef fine dining restaurant, Trader Vic’s Restaurant, an Italian restaurant, a seafood and steak restaurant, an Asian fusion restaurant, a buffet restaurant serving breakfasts and lunches and a beach club
• Within the Casino you will find a world class gaming experience including Baccarat, Craps, Caribbean Stud, Roulette, Blackjack and Poker
• Freshwater swimming pools, including a children's pool, will be situated within the gardens, all with a concierge service for drinks and snacks
• The Conference centre will provide state of the art facilities for both large and small conferences and meetings.
• Collection of designer boutiques
• The resort will provide the perfect setting for weddings and anniversary celebrations
• The kids club will provide day care for young children with closely supervised, fun filled activities, age appropriate toys, puzzles and games
• A baby sitting service will be available from 7pm to midnight
• The teen club will allow young adults aged 13 and over to enjoy their own lounge with an adjoining games room providing pool, table tennis, table top football and a jukebox.

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MORE REASONS TO INVEST

Investors in a freehold investment property at this resort are expected to receive an excellent return from high capital appreciation and an annual rental income.

Investors will receive a rental guarantee of 10% of the original purchase price for the first two years, paid from completion, followed by a 50% net room rate share ongoing as well as being able to occupy their property for 30 days during the year without charge (except for SIPP investors).

100% finance is available (subject to status) which means investors only need to pay the £1,000 reservation fee and nothing else until completion. Monthly repayments on a loan for the 30% deposit are paid by the developer.

Properties are suitable for a Self Invested Personal Pension (SIPP) – please contact us for details.

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MARQUIS ESTATE - PRICES

Gary Player Properties - Prices from £350,000 to £1,225,000
Owners of Gary Player residential Hillside Villas, Hotel Rooms and Suites will also have access to the extensive leisure facilities at The Marquis Estate and automatically become members of the Gary Player Signature Golf Course and Club for the first year with discounted annual membership fees thereafter. All investors will also receive a fabulous Gary Player package featuring a Calloway golf bag, Tumi trolley case, a selection of vintage wines and other Gary Player merchandise.

Fully furnished properties
10% rental guarantee for 2 years followed by 5 years 50% room rate share
30% deposit - balance on completion
70% guaranteed mortgage
30 days free use per year

100% finance available subject to status. Terms and conditions apply. £1,000 reservation fee with no further payments.

Please send me more information including the free Marquis Estate brochure

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