Great investment apartments in St Lucia

Property reference

428-532-678

Property particulars

Price range of
USD 335

Bedrooms:	2,3,4	Tenure:	Not Applicable
Bathrooms:	2,3,4	Property age:	Off Plan/ under construction

Property description

Special Features:
Apartments are upstairs a first class shopping mall, the first of its kind in St Lucia.
Fantastic amenities like banks, restaurants and casino all an elevator ride away.
Plunge pools are available for some units.
Can be a private, second home or used for rental income
Price is US $335 per square foot

Description
St. Lucia is becoming one of the most sought after islands with leading real estate options. Now comes a development with numerous accommodation options and amenities to offer any interested investor or anyone who has fallen in love with this beautiful island.
Baywalk Apartments offer 35 two-, three- and four bedroom apartments built above a shopping mall which will contain the first casino in St Lucia, shops, boutiques, 2 high street banks and restaurants on the first two floors. Owners of the apartments will have access to these amenities as well as the added joy of St Lucia�s best beaches and the Rodney Bay nightlife just a short walk away. The purchase price includes the main appliances, but owners will have the options of furnishing the apartments themselves or choosing from different furniture packages from an assigned interior decorator.

Construction of the Baywalk project began in August 2007 and is due for completion within 2 years. There will be 24 hour lobby security and elevator access for all apartments and secure and exclusive indoor parking for owners and their authorized visitors.

Other Information
Rental Pool: There will be no restrictions in whether an owner lives in or rent their apartment. Buyers wishing to rent their units will do so through the Baywalk rental pool. Rental profits will be split 50/50 between the management and the owners. Advice will be given to all buyers on rental projections and expected Return On Investment (ROI).

Mortgage: Buyers needing a mortgage to purchase a Baywalk apartment can apply to FCIB or RBTT, who are financers of the Baywalk project. Loans will be available for up to 60% of the purchase price, with favourable terms and conditions.

Service Charge: There will be a service charge of US$400 per month (estimated) to cover for the communal facilities, upkeep to the external of the apartments and building insurance. The service charge represents exceedingly good value for money and leads to very low maintenance cost for apartment owners.

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