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St Lucia heats up!


The St Lucia land and property market continues to heat up.
With Government residential and tourism development
incentives attracting long tax and duty breaks, the island has
benefited from major new overseas owner targeted
developments. These are fuelling the market, particularly
at the upper end. Although official figures are not available,
Brown & Co estimates the property market has seen
20% growth per annum over the last two consecutive years.

CONTACTS Email Telephone
  Charles Whitaker 0017587177562
  Asnia Ste Marie 0017584516151


Living on a tropical island paradise is no longer the sole preserve of the
rich and famous. St Lucia represents good value compared to some
of its more developed neighbours and is proving popular with investors,
as well as those seeking a second home in a relaxed environment in t
he sun. The island is becoming a sought after re-location destination
for retirees as well as returning nationals keen to get back to the
'low stress' Caribbean way of life, while the developing infrastructure
is helping to attract and support foreign owners.

St Lucia remains distinctly different from other Caribbean volume tourism
destinations. The island benefits from its well-deserved 'simply beautiful'
destination slogan, offering better value and diversity than other
Caribbean hotspots. Surrounded by dazzling blue sea, St Lucia also
boasts one of the newest World Heritage sites, the Piton Mountains
with surrounding tropical rain forest.

Offering a choice of amazing property locations at around half typical
UK values and good rental income, St Lucia remains an attractive
proposition for investors keen to combine business and pleasure in
their property investment.

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