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Property details - ref 303

Villas on the Green, St Lucia - 3 bedroom, 2 storey villa

Property Specification

Plot sizes - 10,951 sq ft - 17,825 sq ft

Covered area - 3360 sq ft

Villas on the Green is a mere 500 yards from the beach, and the purchase of a villa includes use of the beach facilities at the nearby Plantation Beach Club. The Club facilities and common areas are owned and managed by the Villas on the Green property owners Association of which owners become a shareholder.

The villas are built to the most exacting standards. The entire development is beautifully landscaped and the exterior finishes of both the townhouses and the lot homes feature coral stone accents. The bathrooms are finished in marble and the kitchens come fully equipped with modern appliances and granite countertops. 

Additional Details

Optional furniture package available for US$45,000

A rental programme arrangement is available and will be managed by Altman Caribbean Inc, the exclusive rental and managing agents of Villas on the Green.

Home owners at Villas on the Green are automatically included in the membership rolls at the St. Lucia Golf & Country Club. The developer pays for the first year of ownership and afterwards it is estimated to be US$1,500.

You can become a member of the Villas on the Green Clubhouse and Fitness Centre, as well as having access to the private swimming pool and terrace, bar, cafe and tennis court. You can also enjoy beach access and use of the facilities at the nearby Cas en Bas Beach.

5% Rental Guarantee offer:

You can lease you unit back to the developer who rents and manages it and retains rights of usage for 46 weeks of the year. In return you retain 6 weeks of occupancy per year, the title to the property and receive a cheque for 5% of the purchase price on both the 1st and 2nd anniversary of purchase.

Villa Plans and Elevation

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Click to enlarge image

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(Click images to enlarge)

Price and finance

Villa Price:

From US$1,200,000

FirstCaribbean International Bank is Villas on the Greens approved mortgage lender. Their normal terms are as follows:

1. Term: 20 years.
2. Interest rate: Libor plus 3%. The rate can be fixed.
3. Repayments - Interest only for the first five years and thereafter a blend of principal and interest.
4. Security: A first charge over the shares of the company which owns the unit and in some cases the bank may require other security.
5. Value of loan: The bank will lend up to 70% of the value of the purchase.

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