Investing in St Lucia Real Estate

Released on: September 22, 2008, 11:35 am

Press Release Author: Anna Price

Industry: Real Estate

Press Release Summary: Why it's a great time to buy property on the beautiful
Caribbean island of St Lucia

Press Release Body: St Lucia represents an excellent real estate investment
opportunity, with the island experiencing strong growth in both the property and
tourism sectors. There are many different types of property in St Lucia, with
everything from resort developments, villas, and condos, to commercial properties or
beautiful land with fabulous views.

There are few places in the world right now that are taking off like St Lucia. With
its combination of unspoiled beauty, crystal clear waters, golden sand beaches and
of course those world renowned landmarks: the Pitons, it has always been a mecca for
holiday makers in the know looking for a slice of paradise in an exclusive,
luxurious environment. Now the rest of the world is waking up to what a fantastic
destination St Lucia is, and the island is now attracting a great deal of media
attention and overseas investment. According to the New York Times St Lucia is
listed as one of the "top places in the world to visit in 2008"

Several of the world’s most renowned luxury hotel brands, including Raffles, Ritz
Carlton and Starwood Westin at Le Paradis have spotted St Lucia’s potential and are
flocking to the island, which over the next few years will boast the opening of
several five star resorts, signature golf courses, and luxury marinas. But with much
of the island protected as a world heritage site or national trust, St Lucia will
always retain its unspoilt charm and natural beauty.

The government of St Lucia are extremely committed to St Lucia’s continuing growth
as a luxury destination, and have invested heavily in the island’s infrastructure to
support the development taking place and attract overseas investment.

There is an increasing amount of airlift coming into the island, with daily direct
flights to St Lucia from the UK, USA and Canada and great air links with the rest of
the region. The government has also granted favorable tax incentives to overseas
investors, including no rental income derived from property for 15 years.

With a stable currency pegged to the US dollar, and a stable government belonging to
the British Commonwealth, buying property in St Lucia is a fantastic investment,
where you can expect to see not just healthy returns on investment but great capital
appreciation over the coming years.

www.azurerealestateagents.com

Web Site: http://www.azurerealestateagents.com

Contact Details: Azure Real Estate Agents Ltd
PO Box 7219
Marigot Bay
St Lucia
anna@azurerealestateagents.com
758 722 5836

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