Island Living + Income: Multi-Apartment Complex In Union Terrace Gros-Islet, St. Lucia
Sale Union- $445,000.00
- 5060 Square Feet
Description
Welcome to your dream investment opportunity in the stunning community of Union Terrace Castries, located on the pristine Caribbean island of St. Lucia. This exceptional property boasts a multi-apartment complex spanning three storeys, offering a total of 5,060 sq ft of living space on a generous 6,626 sq ft lot.
The top/main floor is a spacious and elegant retreat, featuring four bedrooms and three bathrooms for utmost comfort and privacy. The well-appointed kitchen is perfect for culinary enthusiasts, while the dining room and living room provide ample space for entertaining guests. The convenient laundry room adds a touch of convenience to your daily routine.
The middle floor features 2 self-contained two-bedroom apartments one with 2 bathrooms and the other to the back with 1 bathroom, offering an ideal living arrangement for extended family or guests. The well-designed kitchen, dining room, and living room create a welcoming and functional space for relaxation and entertainment.
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 or hosting visitors, adding to the property’s overall value and versatility.
Investing in this multi-apartment complex in Union Terrace Castries, St. Lucia is not only a dream home but also a lucrative investment opportunity. With three separate apartments on the bottom floor, generating rental income becomes effortless, providing you with a consistent source of cash flow.
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 and stunning natural beauty, 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.
Investing in this multi-apartment complex not only provides you with a beautiful home but also a smart investment opportunity that can generate substantial income. Don’t miss out on this chance to own a property that offers both a comfortable lifestyle and a lucrative investment in the sought-after community of Union Terrace Castries, St. Lucia. Contact us today to seize this exceptional opportunity!