Completed in early 2007, the Marina Village compliments the Marina and the Discovery Hotel, offering high-end retail and commercial units as well as thirteen, one and two bed apartments. Situated alongside Discovery, it has access to the restaurants and bars of the hotel and the beach facilities of the Beach Club on the other side of the bay. All the original apartments were sold during the construction stage, however there are now two apartments being offered for re-sale and in addition a new apartment is being constructed in a prime position, right at the front of the Marina, with stunning views over the sand spit and the ocean beyond. The one and two storey wooden clad, concrete and steel buildings, reflects St. Lucian architectural heritage and over-looking the dock form a U-shape, around a central garden courtyard. The apartments have fitted kitchens and bathrooms. The bedrooms and living rooms have air conditioning and large overhead fans. Apartment 4D (Re - Sale) A 1,160 sq ft two bed apartment on the second floor, with views overlooking Marigot Bay at US$425,000, to include all furnishings. Apartment 4F (Re - Sale) A 1,174 sq ft two bed apartment on the second floor, with views from the bedrooms over the Discovery gardens and the bay and from the living room balcony, a view through the courtyard to the bay beyond at US$422,500, to include all furnishings. Apartment 5A (Re - Sale) A 908 sq ft one bed apartment on the first floor, with views from the bedroom over the Discovery gardens and the bay and from the living room balcony, a view through the courtyard to the bay beyond at US$359,000, to include all furnishings. Leasehold The apartments are offered on a 97 year leases expiring on 30th June 2105 and are available for occupation for 52 weeks of the year and are not part of the Discovery buy-to-let programme. Maintenance Charges This will be charged monthly in advance at EC$1.68 per square foot, per month, based on the net floor area of the apartment and will include the lighting and cleaning of the common areas, Building Insurance (All Perils) and Security. In addition there will be a charge every 5 years of US$2,500 for Apartment 4F and 4D, and US$1,500 for Apartment 5A to cover redecoration works. Owners will be responsible for their own contents insurance. Purchasing Terms The apartments are owned by St.Lucian companies and will be purchased by a transfer of the shares. Stamp Duty of 2% is not applicable and instead there will be a share Transfer Tax of 0.5%, saving the purchases 1.5%. All companies already hold Aliens Licenses and a new license is not required prior to purchase, saving approximately US$1,800 and allowing the purchaser to complete in a timely fashion. There is a non-refundable deposit of US$5,000, which can be paid on either a Visa or MasterCard. 50% of the purchase price, less the Reservation Fee, must be paid within 30 days. The balance of 50% would be payable on transfer of the company shares. Lawyers Fees are likely to be approximately US$10,000. Lifestyle Activities Historic Sites Village Marina Beach Amenities and Services Security Property Characteristics 2 Storey 1st Floor 2nd Floor Leasehold Property Features Garden Balcony Courtyard Views Fixtures and Furnishings Air Conditioning. http://www.arkadia.com/zpoc-t21008/

Flat, air conditioning, balcony

Street address & Map

Marigot Bay, Castries, Saint Lucia