GET READY TO SELL, BUY, OR RENT PROPERTY IN 2022!

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January 9, 2022

“Don’t wait to buy real estate, buy real estate and wait.”

Will Rogers, actor

GET READY TO SELL, BUY, OR RENT PROPERTY IN 2022!

Happy New Year to my readers!

I will like to suggest the following actions that you may wish to set in motion to be successful as a Real Estate Investor beginning in the first quarter of 2022. Whether you are selling, buying, or renting Residential, Commercial, Industrial, Touristic, or Agricultural property, St. Lucia Great Property Deals has a deal for you.

Before I get into some specific offers let me share with you a few ideas that will get you off the ground running.

Advice to Sellers & Landlords:

  1. If you are selling property, prepare the property to be presented to potential buyers.
  2. Get a valuation done on the property so that you will be confident when setting the Sale Price
  3. Get all documents related to the property from the Ministry of Lands, and your personal Statutory Clearances (Sellers only).
  4. If you are looking for a quick sale/rental, share your listing with as many Agents/Brokers as possible. Many agents would have a list of clients looking for property in your area. This is the key to a quick sale. I have done sales in a few hours of listing.

Advice to Purchasers:

  1. Do your due diligence on the location you will like to purchase. Will it benefit you?
  2. Be ready to do business when you approach an Agent/Broker; time is of the essence. Get pre-approved from your banker for the maximum loan you can get, unless you are making a cash purchase.
  3. While there are times when banks offer No Deposit Mortgages, especially on land, it is always a good idea to have some money at least to pay the deposit. However, your banker will discuss with you what documents he is expecting from you. He will provide you with a list of documents you will need to provide.

Advice to Persons seeking to Rent Property:

  1. Identify the area where you will like to live or operate your business. Do your due diligence to arrive at the benefits you are likely to achieve by selecting such a location.
  2. Arrive at an affordable monthly rental budget taking all utilities into consideration.
  3. You will be expected to pay a minimum of one month’s deposit and one month’s rent. This requirement varies.

The above recommendations are very basic. More indebt details could be had from my free E-Book – “Introduction to Real Estate Investing in Saint Lucia”. It wouldn’t hurt to let your family and friends know that you are in the market to sell, buy or rent a property. This simple step will allow you to broaden your options and have discussions on the process, especially if you are a first-time investor.

I invite you to visit my website at: https://stluciagreatpropertydeals.com and check out various listings and free E-Books. It is not always possible to list offers as some sellers prefer not to list publicly. You will also notice that prices are not always listed.

I am sharing a few great deals with you below:

  1. Industrial/Commercial Building at Cul de Sac, in the Quarter of Castries on approx. 20,000 sqft of land with approx. 11,000 sqft of Steel framed building with Mezzanine floor. Sales information by appointment only.
  2. Dugard Ridge Development, in Ti Rocher, in the quarter of Micoud, EC$11.00/US$4.05 per sqft.
  3. Land in Balenbouche, approx. 20,000 & 25,000 sqft EC$10.00/11.50 per sqft US$ 3.68/4.23.
  4. Prime Commercial Property in Vieux Fort, 20,000 sqft land with approx. 9,000 sqft building EC$600,000.00 US$221,000.00.
  5. Prime Commercial Property on Clark Street, Vieux Fort, 3 floors, approx. 7,600 sqft building EC$1,500,000.00.
  6. Well established Guest House in Vieux Fort for Lease. Attractive monthly rental rate, further information by appointment only.
  7. Beachfront property consisting of 2 acres of land on the East Coast in the Quarter of Micoud. Sales information by appointment only.
  8. Property in Cap Estate, in the Quarter of Gros Islet, 1.04 acres of Beach Front land. Further details are available by appointment.
  9. Large commercial property in Castries. 2 levels, land approx. 4,300 sqft, building – 2 levels 4,600 sqft. In the vicinity of Offices, Vehicle Sales Companies, Supermarkets, Churches, and Schools. Great buy in an expanding commercial area. Further information by Appointment.

I have a number of warehousing opportunities, as much as 42,000 sqft in a newly built commercial property. In recent months a number of large developments have come on stream in the South of the island. My recommendation to you is to take action now whether you are selling, buying, or renting as there is still some time left to negotiate. I am predicting that prices will increase between 10 & 25% post COVID 19.

My task is to make you aware of the deals available on my listing. However, I am not limited to properties only on my listings. I co-broke with other agents throughout St. Lucia and I am always ready to assist you in finding your dream property. St. Lucia Great Property Deals slogan is “tell us your needs, we bring the Experts together.”

Let us talk soon.

 Edward Harris

Blogger/Realtor/Broker

https://stluciagreatpropertydeals.com

Mobile/WhatsApp: 1-758-485-1456

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