Lodge Mountain
Lodge Mountain
Lodge Mountain
Lodge Mountain
Lodge Mountain
Lodge Mountain
Lodge Mountain
Lodge Mountain
Lodge Mountain
Lodge Mountain

Lodge Mountain Green Hill, St Vincent, Saint Vincent

SOLD STC
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Property Details

Property Details

  • SOLD STC
  • 6 Bedrooms
  • 6 Bathrooms
  • 1.64 Acres
  • 71701 Sq Ft
  • Space for Private Pool
  • Restoration Project
  • Development Opportunity
  • Stunning Location
  • Substantial Plot Size
  • Garden
  • Online Viewing By Request
  • Parking

REDUCED FOR QUICK SALE Lodge Mountain Green Hill St Vincent 1.64 Acres excellent price at just over 2.50 per square foot 71,701 sq ft with existing structure to fix up / demolish

This large plot of south facing residential land is located between Green Hill and Boiswood in a desirable district populated by large, detached private properties. Approached from the Leeward Road out of Kingtown this is a quiet hillside neighbourhood with properties surrounded and protected by mature formal grounds and gardens.

Some parts of the structure require full rennovation.

Fertile, Gentle Sloping Land

This plot of land presents a unique opportunity for the buyer to develop a lush tropical estate and either renew the existing property or build from scratch.

  • 500 gal PVC water tank
  • Solar Hot Water
  • Soakaway for domestic hot water
  • Soakaway for septic tank
  • 220V throughout

Property Layout

There is a large 6 bedroom property, constructed in 1992 and designed by the architect Sheroll Gumbs. The house has not be fully inhabited beyond one of the apartments for the past 5 years and is in need of major repair. There has been Construction project but this was interrupted by large scale flooding and an earthquake which had an impact upon the property structure. There are visible cracks in the property which the owners have tried to repair themselves. This property is arranged on 2 levels with 3 self contained apartments located on the lower level and the master bedroom with private bathroom on the upper floor with 2 further bedrooms sharing the 5th bathroom. The price reflects the current condition of the residence.

Upper Level Bedrooms

  • Master Bedroom: 16' 4 x 15' 6 with ensuite bathroom and separate wc
  • Bedroom 1: 12' 9 x 12' 5
  • Bedroom 2: 12' 9 x 12' 5

Ocean Views from Verandah

There is a good family sized verandah on the upper level that faces the ocean with views across to Union Island.

Ample Space for Private Pool

There is no pool at the property but ample space for a pool to be installed.

Garden & Grounds

The house is surrounded by mature trees, shrubs and fruit which include coconut, lime, breadfruit, breadnut, plumrose, sugar apple, soursop, lemon, avocado, mango, orange, banana, golden apple and both red and yellow plums. The garden is almost fully fenced and the property is accessed via a long, private driveway, built in 2009. There is also ample parking space at the property.

  • Verandah: 45' x 9' 9
  • Gardens: 35,000 sq ft
  • Views: Actual & Potential

    This south facing property offers views from the upper floor of the wharf at Kingstown below, over the Grenadines beyond Bequia and down to Union Island. These stunning views would be improved with a little much needed garden maintenance. The dense vegetation simply requires thinning which would both introduce further light and ocean views to the property and land.

    Access & Neighbourhood

    Accessed via a private driveway (constructed in 2009, at a cost of 22,000ECS) with parking for several cars this property and land offers a considerable opportunity for the new owner to either knock down and construct a new property or invest in repairing and renewing the existing structure.

    Secure Property with Fence

    There are burglar bars on most of the windows and there is a fence which almost completely surrounds the grounds and garden.

    Water

    The house is connected to the mains water supply with solar energy for heating showers. There is also a 600 gallon Backup water reserve at the rear of the property.

    New Airport

    St Vincent's new international airport will increase the volume of visitors to the island. Whether this property becomes a family home or vacation rental either airport staff or tourists to the island could enjoy its redevelopment.

    Location

    Villa Location

    Buyer's Guide

    Buyer's Guide

    The entire process can be handled remotely from your country of residence via your local lawyer.

    Purchase procedure:

    1. Make your offer for your chosen property through us. We present your offer, and work to bring the sale to an agreement with the owner.

    2. Appoint a local Lawyer to handle your purchase (list of recommended lawyers can be provided upon request) exchange contact details and discuss the purchase arrangements, as you wish.

    3. Sign Agreement of Sale & deposit 10% of purchase price in ESCROW account with the lawyer.

    The Agreement of Sale Contract is prepared by the lawyer for approval by both parties, before being finalised and signed by both parties. This is a binding agreement, the only circumstances where you would retrieve the deposit would be if:
    - the seller fails to perform (for example if there was not clear title)
    - or if your ALHL is not issued (this is extremely rare).

    4. Alien Land Holders Licence (ALHL) Application (specific to the property & applied for at the time of agreement of purchase ).

    Provide the following details to your local lawyer :
    - Date and place of birth
    - Copy of passport
    - Nationality
    - Bank reference (not finances just a letter of reliability)
    - Police certificate of clear record (applied for from your local police station or online, in your home country

    UK: http://www.acro.police.uk/police_certificates.aspx

    The police certificate is usually fairly swift and at least straightforward

    The lawyer makes the ALHL application and searches to check clear title on the property

    5. ALHL is issued (this usually takes 2 to 3 months).

    6. Complete the purchase (you deposit the balance of purchase price and the signed deeds of conveyance are released). At this point the property is yours.


    Purchase Costs

    Purchase costs are straightforward;
    - 5% Stamp Duty
    - approximately 6% ALHL
    - legal fees
    Legal fees are standard and the lawyer you instruct can provide a detailed breakdown of the costs.
    We advise allowing 13% to cover the costs.

    Ownership

    The lawyer can advise on personal or company ownership;
    Company ownership provides automatic exemption from work permit. Residency is a simple formality with property ownership.

    Many buyers choose to own their property through a company which can be set up easily, the lawyer can advise on the costs and fees for this.

    There is no capital gains tax, no inheritance tax and annual property taxes are negligible. Funds can be repatriated freely.

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