Focus on St. Lucia

This lush island offers much to potential home buyers – with choice properties and clear advantages. By Carole French

One of the Windward Islands in the West Indies, St. Lucia has long held a fascination for home buyers. Its white sandy beaches, crystal clear waters and a dramatic backdrop of mountains covered in rainforest have given the island an edge when it comes to idyllic retirement or holiday spots. Add to this a good infrastructure, favourable tax regulations and a safe and secure island and it is easy to understand why so many opt to relocate or purchase a holiday or investment home here.

Traditionally, St. Lucia has seen steady and sustainable capital growth on real estate investment, which now at a time of global economic uncertainty and instability in tourism and property sectors has been to its advantage. It has also been a favoured destination for achieving good rental returns. St. Lucia has not seen an oversupply of property, which can have the effect of de-stablising the market. Prices did not boom and, therefore, did not crash to the extent that has been seen in some destinations. St. Lucia is weathering the storm well.  Read More...