Reasons to buy in St. Lucia

18 Good Reasons To Buy Your Dream Home In St. Lucia

What’s your focus – leisure or investment? It could be worth reading both sets of reasons because they're linked but we’ve split them up according to your interest - just in case.

Leisure, holidays, etc
Investment/Finance-related

Leisure-related reasons

Superb climate… year-round temperatures of approx 28°C and no adverse winter weather. Bathed in the gentle Trade Winds which makes for a very comfortable feel.
Getting there is easy - with plenty of frequent flights from major airports around the UK, ROI, Europe and further afield.
Spoken English is commonplace just about everywhere.
Idyllic white sandy beaches lapped by crystal-clear aquamarine seas – a paradise for beach lovers, divers and water sport enthusiasts alike.
Picturesque mountain vistas, lush rolling hills, tropical forests, ancient remains, quiet villages and buzzing towns.
If you crave adventure, there’s plenty of opportunity in St. Lucia for outdoor sports of just about every description - jungle treks, parasailing, water skiing, deep sea fishing, tennis, golf, horse riding, etc. Of course, in many areas you’ll also find gyms, fitness centres and health spas.
St. Lucia gives you the chance for year-round golf - with several existing courses to choose from and more under development. (And this means a steady stream of visiting golfer rental income, if that’s what you are seeking.)

Map of the island

The Caribbean has always been popular with overseas buyers. With superb weather and an appealing mix of old and new, it’s no surprise that many choose to make this destination their number one choice for a holiday home, a permanent home or indeed an investment home.

With the right approach and a little help from us, if you want to, you could be one of them.

Investment-related reasons

Aside from a great holiday location, St. Lucian property is a good investment, too. Here are some of the reasons…

St Lucia is an increasingly popular holiday destination that is also one of the most accessible with (often daily) direct flights from many locations including the UK and USA. Joining other airlines, from 2009 Virgin Atlantic will increase its non-stop flights from the UK to a daily service.
The real estate sector in St Lucia is booming, 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. They 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 have doubled over the last three years and are expected to double again in the next two years.
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.
In 2007, hotel occupancy was 69.7% meaning that there is excellent rental potential for properties that are linked to a resort (ours are).
The total number of visitors to the island 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 (40%) and Europe (32.3%) and Canada (10.2%). Visitors from Canada were up by 46.9% year on year. In 2007 the total expenditure by visitors was $808.3 million
The St. Lucian Government sees expansion of tourism as a key objective and has allocated an extra 148% funding to the tourism industry between 2004 and 2008, with an average increase of 27.7% per year. The allocation for the tourism sector in 2008/9 was $53.6 million.
St Lucia has been granted 'Approved Travel Destination Status' (ADS) by the Chinese Government and is currently developing strategic alliances with airlines and travel agents to bring Chinese tourists to the island.
Several new signature golf courses are being constructed (to complement the existing) which will make St Lucia a major golf destination and boost tourism.
The World Bank has recently placed St Lucia in the top 30 countries in the world to invest, making St Lucia the only Caribbean country to make the top 30, ahead of Barbados and Antigua.
The property market is expanding with investors coming from, amongst other locations, UK, Germany, America and Canada.

Map of the island

With the right approach and a little help from us, if you want to, you could be one of them.

What next?

Why not explore some of the links over at the top right to discover more about owning property in this area?

Or if you are ready - book a tour to come and view properties and see what the area is really like. It's the only way to do it - you can't buy without seeing it in the flesh.

And we often have promotions running that make your tour a real bargain. Take a look.