- Country: Saint Lucia
- Industry: Real Estate
- Stage: Start-up
- Investment size: $20,000,000 / min. $16,800,000
- ROI: 10% in 5 years
- Type of investment: Debt, Equity
Our company will be purchasing 3 – 4 acres of prime property (land) located in the Northern area of the island of St. Lucia for constructing luxury villas for sale. This location called Cap Estate boasts some of the most exquisite homes with lovely views of the Caribbean Sea and International Golf Course. We are looking at constructing 12 villas for sale.
Our company will be purchasing 3 – 4 acres of prime property (land) located in the Northern area of the island. This location called Cap Estate boasts some of the most exquisite homes with lovely views of the Caribbean Sea and International Golf Course. Full features include:
• Very Private
• Subterranean Utilities
• Paved Road
• Nearby Golf Course
• Nearby Beach
• Golf Course Views
• Gentle Slope
• Concrete Road
• Caribbean Sea View
• Atlantic Sea View
Cap Estate is situated in the northern of the island of St. Lucia area is the busiest section boasting some of the most Exquisite Homes, Restaurants & Bars, Villas and high end Hotels. It is one of the best locations in the North of the island 5 minutes drive from Rodney Bay Village, filled with many tourist and recreational facilities with major hotels, resorts, beaches, banks and utility company outlets.
This section of the island is also location to one of the Caribbean's most popular Marina's the IGY Marina home of the Famous Atlantic Rally for Cruisers Competition sponsored by Heineken Beer every December. As many as 300 yachts race from Grand Canaria to St. Lucia and end up there. St. Lucia is buzzing with visitor’s through-out the year for its many activities and festivals. This makes the island the ideal place to invest in such property with great returns. We rest assured that such an investment cannot go wrong since market prices for these properties are now at its best.
The company will be constructing 9 units The units will vary in sizes of 1200 -1800 sq. ft. Units will be sold in three bedrooms, 2 bathrooms, 2 story units.
They will be built at the highest standards and sold fully furnished equipped with the best quality furniture, appliances and all amenities like wireless internet, air conditioning, solar power water heaters, plunge pools and phones. Clients will be afforded two options “Luxury” and “Ultra Luxury” packages.
Luxury: All amenities mentioned above.
Ultra Luxury: All amenities mentioned above plus a choice of a luxury vehicle.
The development will be marketed via a website, brochures, real estate agents locally and overseas and through a number of business mixers held at various Hotels in St. Lucia and other islands targeting the guests of the hotel. Marketing will commence as soon as all plans and artist depictions have been completed. Our main target market would be foreigners looking for that piece of paradise, returning nationals and investors. The villas will be marketed as high end residential which could also be used as time-share properties.
Total construction will include clearing of the land and sectioning for placement of each of the units. Work on the lots will commence six (6) months after funding has been acquired. This will give us some time to bring contractors and engineers up to speed, pay for all necessary licences and permits. We estimate that construction should take 18 to 20 months if we don’t encounter any major problems.
Based on expenses we have estimated that total construction of this project will cost US$ 16,800,000.00.
Rationale for the deal
St. Lucia is among the top rankings for Tourist arrivals in the Caribbean. Individuals traveling to the islands look for suitable high level accommodation for their stay and some times decide to purchase properties which are the main target of our investments. This will be Phase one of our Construction Project. We are also looking at investing into ROI commercial properties.
• High level Commercial houses for rent
• Time Share Properties
• Villas and Apartments
• Hotel & Land Developments
Use of financing
Funding will be used as follows;
Based on expenses we have estimated that total construction of this project will cost US$16,713,576.69. (Rates are subject to change)
Estimated breakdown is as follows:
• Land: US$4,269,222.00
• Construction: US$5,000.000.00
• Site Preparation: US$1,500,000.00
• Water: US$485,000.00
• Furniture & Amenities: US$1,679,000.00
• Administrative Costs: US$2,070,354.69
• Miscellaneous Costs: US$1,360,000.00
o Total cost of Construction: US$16,713,576.69
Opportunity for the investor
Anyone wishing to invest in our project will be guaranteed a good and quick return on their investment. We plan to construct and start selling after the first two villas are complete and investor will be paid on a yearly basis or full amount plus agreed percentage after project is completed and all villas sold.
This is a great opportunity for making money from a project with a quick turn over.
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