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Reasons to buy in St. Vincent
Ten (or so) Good Reasons To Buy Your Dream Home In The Sun In St. Vincent
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Wonderful tropical climate –ensures that the Caribbean experiences almost year round occupancy, attracting millions of visitors every year, and St Vincent will benefit from this too.
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St Vincent is beautifully unspoilt and underdeveloped and has huge potential for growth. The government is actively encouraging foreign investment and growth in the tourist industry
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The new International Airport is currently under construction and is due for completion in 2011. This will accommodate direct flights from the UK, Mainland Europe, North America, Canada, etc to St Vincent and will encourage more visitors to the island.
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Property prices are currently around a half of those in St Lucia or Barbados so now is the perfect time for an early investment in this market as prices will rise when the new resort and the new airport open, welcoming more visitors to the island.
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Increase in St Vincent and the Grenadines’ awareness around the world as an up and coming tourist destination. Until recently it was mostly visited by day trippers from ocean cruisers but now the number of visitors arriving on the island has increased by 25.5% since 2002 and in 2007 alone, increased by 16.5% on the previous year.
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Currently there are only approx. 400 rooms available in hotels on the island, and no hotel above a 3 Star, so there is excellent rental potential for the five star Buccament Bay Beach Resort.
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A destination with appeal for everyone with excellent sporting and leisure facilities for all types of enthusiasts - whether you want relaxing sun and sea, adventure sports and water sports, pampering yourself in a spa resort, playing golf on signature courses, sailing the Grenadines, it’s here in St Vincent for you or your renters.
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Tax breaks for non residents who purchase property – no capital gains tax or inheritance tax for foreigners in St Vincent. (Although you must still take into account your tax position in your country of residence.)
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Spoken English is commonplace just about everywhere.
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St. Vincent gives you the chance for year-round golf with a new Gary Player signature golf course being constructed. This will make St Vincent a popular golf destination and boost tourism. (And this means a steady stream of visiting golfer rental income, if that’s what you are seeking.)
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Because of St Vincent’s mountainous interior, 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.
The Caribbean has always been popular with overseas buyers. With superb weather, stunning beaches, breathtaking scenery and a wonderful culture, 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.
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.












