Firefly Beachfront Villa 2 Bed Spring, Bequia, The Grenadines

$448,500 USD

Property Details

FOR SALE
2 Bedrooms
2 Bathrooms
0.25 Acres
Private Individual Pool
Beachfront
Rental Management
Fully maintained
Superior Quality Build & Finish
Garden
Online Viewing By Request
Parking
New Build

2 Bedroom Firefly Villa Spring Bay, Bequia St. Vincent & the Grenadines

Beach Side Villa Remaining ( Road Side Villa Sold)

Straightforward Rental Management
Complete hassle free maintenance
First purchases are exempt from any alien land holder license fees
Fixed low deposit

Established International Clientele

This area on Bequia is already well established as the prime residential choice for a growing international community. There are a number of high quality villas on the private Spring Estate in the valley and hillsides on the north side of Spring Bay. The Spring Estate is historically important to the island being the location of the islands largest plantation. The development of a new exclusive collection of beachfront residences would further renew the international interest in this area.

Beautiful Valley and Plantation

This villa is one of a pair of villas which earn steady income from regular rental programm.

The villas are situated in over 14 acres of mature palms and stunning sandy beachfront, the original plan is for there to be a collection of residences comprising of 2 through 6 bedroom villas, all with approximately 1/4 acres of land included.

The ocean frontage providing cooling inshore breezes and with a wonderful sandy beach. Each single storey villa will reflect the simplicity, charm and luxury of the nearby Firefly Hotel.

Superior Interior & Exterior Finish

Foundations, Floor slabs, columns and beams are all built from reinforced structural concrete
Walls are made from concrete filled and steel reinforced concrete blocks
Doors & windows handmade from solid cedar or mahogany timber
Internal walls have been finished with coral render
Internal floor tiles are quarried coralina and travertine marble
Grohe bathroom fittings
Quality American standard sanitary ware
110 & 220v electrics
Solar & electric hot water
Rain harvesting to individual underground water storage tanks
Structural concrete swimming pool for each individual villa
External decking of solid concrete finished with quarried coralina tiles to all areas

Furnishing Packages Available

Developers can offer a furnishing package as required, otherwise purchasers are welcome to furnish themselves. All white goods are included in the price - i.e. Fridge/freezers, stoves, air con units etc. All handmade wooden cabinets for kitchen and bedrooms included.

Idyllic, Caribbean Coastline Location

The bay is beautiful and unspoilt offering an unsurpassable caribbean location. The properties will face the ocean across a sandy beach surrounded by natural woodland and mature, indigenous palms.

Close to Bars, Restaurants, Harbour & Dive Shops

This is a perfect location being quiet and rural whilst a short drive away from town. The Harbour Town of Port Elizabeth is a ten minute drive away, and the drive to Bequia's airport takes 15 minutes.

Close to Tobago Cays & Mustique

Bequia is perfectly located being close to islands such as Union and Carriacou, perfect for sailing and kitesurfing and island hopping. The world famous Tobago Cays and exclusive resort of Mustique can be easily accessed via private charter such as the Friendship Rose.

Developing Area: SVG International Airport

The new airport on St.Vincent will increase the volume of guests looking for island accommodation. These exclusive beachfront properties would be ideally placed as vacation rental properties.

Sense of Island History

Spring Estate was the location in the 18th & 19th centuries of a large plantation and still has remains of some of the original plantation buildings as well as an abundance of fruit trees and ancient palms.

Contact the team to arrange a viewing of this villa.

Location

Villa Location

The Grenadines >
Bequia >
Spring

Spring

A quiet international community of independent villas on the hillsides of this green and peaceful valley. The boutique Firefly Hotel, and old sugar mill is located here. The old tall Coconut palms run down to the coral sand beach facing the ocean. Completely away from the Harbour but astonishingly close for a visit for shops, restaurants and the bustle of island life.

All Photos

Plans

Buyer's Guide

The entire process can be handled remotely - ie while you are in the UK.

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.

PDF

A PDF for this property can be found here.

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