Multi-Unit Apartment Complex For Sale in Union Terrace Gros Islet, St. Lucia

  • $445,000/USD
Gros Islet, Saint Lucia
For Sale
Multi-Unit Apartment Complex For Sale in Union Terrace Gros Islet, St. Lucia
Gros Islet, Saint Lucia
  • $445,000/USD

Details

Updated on April 25, 2024 at 7:44 am
  • Price: $445,000/USD
  • Property Size: 5060 sf
  • Land Area: 0.15 acres
  • Bedrooms: 11
  • Bathrooms: 9
  • Property Type: Apartment, House for sale, Investment, Residential Property
  • Property Status: For Sale
  • Region: Gros Islet

Additional details

  • Solar Panel: Yes

Description

Welcome to a 3 story investment opportunity in Union Terrace Castries, located on the Caribbean island of St. Lucia.

The main floor is a spacious and elegant living space, featuring four bedrooms and three bathrooms.

The middle floor features 2 self-contained two-bedroom apartments one with 2 bathrooms and the other to the back with 1 bathroom.

The bottom floor features three separate one-bedroom apartments, each with its own bathroom, kitchen, and living/dining area. This presents an incredible investment opportunity for generating rental income.

The demand for rental properties in St. Lucia is consistently high due to its thriving tourism industry and growing ex-pat community. This multi-apartment complex offers a unique advantage with its multiple units, allowing you to maximize your rental income potential. The diverse layout of the apartments, including a three-bedroom apartment on the middle floor and three one-bedroom apartments on the bottom floor, offers flexibility in accommodating various types of tenants, from families to individuals.

Furthermore, St. Lucia offers attractive investment incentives, including tax benefits and a stable real estate market, making it a favourable location for property investment. The prime location of Union Terrace Castries, with its convenient access to amenities, adds to the property’s investment potential.

Additionally, the property’s well-maintained features, such as the water tank, concrete wall, and chain link fence for security, as well as the solar water heating system and AC unit for modern comfort, contribute to its overall appeal to potential tenants, ensuring a high occupancy rate and potential for long-term rental income.

Contact us to make an inquiry.

Address

  • Area Gros Islet
  • Country Saint Lucia

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