For Sale   >   Saint Lucia Flag  Saint Lucia   >  Gros-islet  >  Cap Estate
close map
Pic:1 of 10
Pic:2 of 10
Pic:3 of 10
Pic:4 of 10
See all 10 Pic:5 of 10
Pic:6 of 10
Pic:7 of 10
Pic:8 of 10
Pic:9 of 10
Pic:10 of 10
Show All 10 Photos
  • XCD418,895
  • (USD 155,000)
  • 3 bedrooms
These apartments are nestled just 10 steps away from the resort swimming pool, offering
spacious accommodation including two bedrooms and two and a half baths, dining room as
well as a luxury fitted kitchen. Just imagine yourself relaxing near the pool in the privacy and
comfort of this very stylish apartment and neighboring surroundings. This apartment is offered
fully furnished for your convenience and has a history of great rental income!

The apartments have a monthly maintenance fee of USD 793 per month. The condos dues cover
all expenditure on common property and services which include:
Main swimming pool, pump room, and pumps
Sewage system
Water distribution system
Electrical distribution system
Pest and termite treatment of all common areas
Payment to Wasco for water consumption
Payment to Lucelec for electricity consumption (individual owners should pay the condo for
consumption in their own units)
Beach cleaning
Maintaining vegetation
Maintenance of all drives and walkways
Maintenance of stairs and railings leading to upper floors of apartment blocks
External painting of all buildings

Note: Roof repairs on apartment buildings is also covered by Condo fees.

However we believe this property offer a great investment possibility as it can be rented out to
visitors as a means of income for the owner. Below is an estimate of what a possible rental
income can entail.
Properties likely income vale (200 us per night)
November- June peak tourism season at 60 percent occupancy.
242 days × 60% = 145 days
145 days × $200 per night = $29 000.00
July - October low tourism season at 25 percent occupancy
123 days × 25% = 31 days
31 days × $200 per night = $6 200.00
Total possible income for the year = $29 000.00 + $6 200.00 = $35 200.00 us
These apartments are nestled just 10 steps away from the resort swimming pool, offering
spacious accommodation including two bedrooms and two and a half baths, dining room as
well as a luxury fitted kitchen. Just imagine yourself relaxing near the pool in the privacy and
comfort of this very stylish apartment and neighboring surroundings. ...

View more