Views of the Caribbean Sea and the mountains
Lenin Volney
RE/MAX GOLDEN APPLEDescription
Overview:
Welcome to your Caribbean paradise investment! Nestled in the picturesque Bocage region of St. Lucia, this fixer-upper gem offers a unique opportunity for savvy investors. This property is being sold as-is, and with its stunning sea and mountain views, lush fruit trees, and income-generating potential, it's a golden ticket to financial prosperity in paradise.
Income-Generating Potential:
This property boasts five apartments, making it an ideal income generator. Whether you prefer long-term or short-term rentals, there's an opportunity to maximize your returns. When fully rented, you can expect a steady stream of income, approximately $6,700 Eastern Caribbean Dollars (EC) per month—a substantial return on your investment. And that's just the beginning!
Remodeling Potential:
With a little TLC and investment in remodeling, this property's earning potential can soar even higher. The possibilities are endless, and your vision can turn this into a top-notch rental destination.
Expansive Lot:
If you're considering expansion, you're in luck! The spacious lot provides ample space to build additional apartments, increasing your rental income potential. The existing retaining wall and cistern are valuable assets, ensuring convenience and reliability.
Ideal Location:
Situated on a convenient bus route, commuting to and from the bustling city of Castries is a breeze. You're never too far from the city's amenities, yet you can relish the tranquility of your Caribbean retreat.
Property Details:
Building Size: 5,327 sq ft
Land Size: 10,000 sq ft
Top Floor:
Apt 1: 2 bed, 2 bath
Apt 2: 3 bed, 2 bath
First Floor:
Apt 3: 3 bed, 2 bath
Apt 4: 2 bed, 1 bath
Basement:
Apt 5: 2 bed, 1 bath
Pricing:
Listing Price: $850,000 EC (negotiable)
Approx. USD Conversion: $315,000 USD (negotiable)
Don't miss your chance to own a piece of Caribbean paradise and a lucrative investment opportunity all in one! With flexible pricing and endless potential, this fixer-upper in Bocage, St. Lucia is your ticket to financial success.
Contact us today to explore this tropical treasure and make your Caribbean real estate dreams a reality!
listing details
- Listing ID: 500012017178
- Property type: Multi-family
- Contract type: For Sale
- Price: $ 315,000.00
- Bathrooms: 8
- Bedrooms: 12
- Stories/Floor: 3
- Construction size: 5,327.00 Sq. Ft. - 494.89 Sq Mt.
- Lot size: 10,000.00 Sq. Ft. - 929.03 Sq Mt.
Features
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