St. Croix Real Estate

I'm going to start this series of 4 blogs the same way to get my message across:
The Great St. Croix Land Rush is Coming!  

St Croix is poised to be the next "hot spot" in the Caribbean. With a new and wonderful director of Tourism, a fabulous governor and Lieutenant Governor, a new bevy of Senators who promise to continue to improve this lovely island, return of the cruise ships, and new resort developments that are inches away from ground breaking - all signs point to a "boom" on the horizon.  

What does that mean to you? If you are an INVESTOR - it means get down here and buy LAND! If you're considering retiring here - it means get down here and buy LAND! I keep saying this - ST CROIX is the PLACE and NOW is the time! Land prices are really reasonable here (scroll down the page to see some great buys).   Where IN THE WORLD can you buy ocean view property for under $100,000?  If you are worried because you've never purchased land before, this 4-part blog series is for you. 

1.  Are you past trying to decide whether or not to buy land in the first place?

Any investment, real estate or otherwise, can appreciate or lose you money.  If you have made the decision to invest in St. Croix property, then focus on the best type of land for you, and don't keep 2nd guessing your investment decision.    If you have planned for risk, and how much you want to invest, then the next questions are what and where.

2.  The Future has to be part of your planning

Will you want to use the land? Are you going to buy and hold?  If so, what developments may be planned or under consideration for the land?  Do you know the zoning?  What can be built in that zoning?  Determining future land use has to be one of your top priorities.

I can help explain zoning, land use restrictions, and possible future uses of any land parcel you consider on St. Croix.  I just wrote a newsletter about several options and what's for sale - email me for a copy.

There's a risk in buying land and holding it for future appreciation, so be sure and know your risk tolerance before you consider a land purchase.  Once you are comfortable with that, St. Croix is THE place to invest!

Take a look at this new listing:

On the West End, close to Frederiksted
166' of gorgeous beachfront
Views in all directions
Sheltered cove
Excellent building sites
Power nearby
1.88 acres
Asking $349,900
What are you waiting for?  Call me today!

Kim Lucas, Realtor
kim@coldwellbankervi.com
www.kimlucasvi.com
www.retireinthevi.com
340-626-3758