Investment Opportunity in Paradise: Fixer Upper For Sale in Bocage, Castries

  • $445,000/USD Negotiable
Castries
For Sale
Investment Opportunity in Paradise: Fixer Upper For Sale in Bocage, Castries
Castries
  • $445,000/USD Negotiable

Details

Updated on April 24, 2024 at 9:01 am
  • Price: $445,000/USD Negotiable
  • Property Size: 5327 sqft
  • Land Area: .23 acres
  • Bedrooms: 12
  • Bathrooms: 8
  • Property Type: Apartment, Investment, Residential Property
  • Property Status: For Sale
  • Region: Castries

Description

Welcome to your Caribbean paradise investment! Nestled in the 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

Income-Generating Potential:
Five apartments total. With a bit of tlc, there is an opportunity to maximize your returns. When fully rented, you can expect a steady stream of income, approximately $2,500 USD per month as is. This property’s earning potential can be higher with investment in remodeling.

The 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 tranquillity of your Caribbean retreat.

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

Contact us today to explore this opportunity and make your Caribbean real estate investment dreams a reality!

Features

Address

  • Area Castries

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Contact Information

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Golden Hour Group

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*Outlined boundaries in the imagery of the listings are approximations.