Full Description: Location
Situated at the northern-most tip of the island, Anse Galet commands stunning views of
neighbouring Martinique. Dramatic bluffs give way to a secluded bay washed by the immense
Atlantic. White-capped swells meet the dramatic cacti-peppered bluffs and the hillside slopes
onto a beautiful Atlantic cove.
The gated community, set in approximately six acres is less than half-an-hours drive from St.
Lucias capital, Castries, the islands commercial centre, and the small, primarily regional
George F.L. Charles Airport.
Hewanorra International Airport is a 10 minute flight by helicopter from George F.L. Charles
Airport, or an hour and forty minutes from Allamanda by car. Rodney Bay Village, the premier
shopping, dining and entertainment district with the most popular beach, is just 10 minutes
away.
Several boat charter services and docking facilities operate from Rodney Bay Marina and the
St. Lucia Golf Club is within walking distance,
Phase One
Phase One
Consists of: 6 x Three bed townhouses (Five are already sold)
3 x Two bed apartments
3 Privately gated villa plots
Prices
Two bed apartments from US$755,000 (incl. furnishings)
Remaining three bed townhouse - US$875,000 (incl. furnishings)
Villas from US$1,850.00 Incl. Furnishings
Phase Two -Recently released
Consists of: 4 x Three bed triplex apartments
4 x Three bed apartment (including one penthouse apartment)
1 x Two bed apartment
Prices
Two bed apartments from US$755,000(incl. furnishings)
Three bed townhouse from US$875,000 (incl. furnishings)
Three bed villas from US$1,850,000 (incl. furnishings)
Furnishings
The list of furnishings is as attached to the Agreement to Purchase as Appendix C. At the
buying stage, you will be introduced to the interior designers, G & G Interiors
(www.gandginteriors.com), who will run through what is included and any alterations or
variations can be made. These alterations and variations would be costed out and given to you
as a Furnishing Variation Order. The terms of payment for this variation order would be
between G & G Interiors and the client.
All rooms have ceiling fans and air conditioning.
Tax Holiday
For the first ten years, Owners Rental Income will be exempt from St Lucia Income Tax.
Clients will, of course, be subject to any tax laws in their own country of residence.
It should also be noted that St. Lucia does not have Capital Gains or Inheritance Taxes.
Facilities
WiFi internet access for all properties.
Electric gates with an intercom system connected to all properties.
Night Security.
Cable TV
Electrical
Each property will be wired for both 240v and 110v. Each villa and townhouse building will have a standby generator which will cut in automatically to continue essential services in the event of a cut in power supply.
Lifts
These will be for the private use of first (ground) floor apartments and will facilitate the transfer
of owners and their luggage from the parking area of each building to their apartments at the
lower level. There will be a lift in the apartment building Flamboyant.
Swimming Pools
The principal horizon pool is located close to the beach, below the Freemans building and will be approximately 55 x 22 and 4.5 in depth. Around this main swimming pool area there will be a large sun deck. There will also be a second pool in Phase 2.
Plunge Pools & Private Sun Terraces
Plunge pools (approx. 5 feet x 4 feet) and sun terraces (approx. 12 feet x 9 feet) are available
for the triplex apartments at an additional US$56,000 per property. Alternatively the plunge
pool can be a Jacuzzi. Price to be advised.
Bedrooms
Two bed apartments King size bed; twin beds
Three bed townhouse King size bed; King size bed; twin beds
Four bed villa King size bed; King size bed; Queen size bed; twin beds
Bath/Shower
In every townhouse and apartment, the master bedroom will have a bath tub and a walk-in shower.
The principal guest bedroom at Villa Allamanda will also have a bath tub and a walk in
shower. All other bathrooms will only have a walk-in shower. All bathrooms will have a two-
basin vanity unit.
Cathedral Ceiling
The master bedroom (third floor) of a three bed duplex and the first floor bedrooms of Villa
Allamanda & Villa Hibiscus will have, with the exception of the bathrooms, cathedral ceilings.
Villa Frangipani, is an upside down villa with the living room on the first floor and the three
bedrooms on the ground floor. Therefore the living/dining room at Villa Frangipani will have a
cathedral ceiling.
Floorings
All living rooms, bathrooms and balconies will have 2 ft. square tiles. All bedrooms will have
wooden floor coverings.
Parking
Two spaces per apartment or townhouse.
Villa Plot
Within the gated community are three villa plots with full planning permission for three or four bedroom residences, with infinity pools.
The villa plots will be private enclaves within the development and are to be sold ready to build, with all essential services connected. The villa drive ways are already constructed and will be individually gated.
Should you wish to choose one of the three villa designs construction can commence immediately on signing the Agreement to Purchase and paying a 30% contract payment. Minor alterations to each plan approved may be accommodated.
Designs available:
Four bed design Villa Allamanda Living: 3,696 sq. ft. Terrace: 1,471 sq. ft US$2,400,000*
Three bed design Villa Hibiscus Living: 3,101 sq. ft. Terrace: 1,428 sq. ft. US$1,950,000*
Three bed design Villa Frangipani Living 2,861 sq. ft. Terrace: 1,295sq. ft. US$1,850,000*
* Prices quoted include the cost of the plot
On existing designs construction time is 15 months from the date of the signed Purchase Agreement.
Purchase of the villa constructed on the plot will be by way of purchasing the shares of the individual company (already formed) which owns each villa and plot. Therefore instead of Stamp Duty of 2% the purchaser will pay a Share Transfer Tax of 0.5% of the purchase price, thereby saving 1.5%.
Condominium Fees
First year approximate rates, will be as follows:
Two bed apartments EC$3,600 per qtr.
Three bed apartments/triplexes EC$4,000 per qtr.
Villa EC$5,000 per qtr.
Condominium Fees will be charged quarterly in advance and will include:
- Night Security: The development will be gated to ensure restricted access.
- Building Insurance: You will only have to insure the contents of your property, personal
possessions and take out Third Party Liability cover.
- Property Tax: The owners of all residences in St. Lucia pay an annual property tax.
- Property Maintenance: This will include sanitation and maintenance of the paths,
grounds and pools.
Payment Terms
Reservation Fee US$5,000.00
Within 30 days 30%
Completion of Foundations 25%
Completion of Roof 25%
Practical Completion 15%
Handover 5%
*Own villa design reservation fee is US$10,000
**Own villa design within 30 days of receipt of Planning Approval
Completion
Phase One apartments Construction already commenced. Completion -September 2010.
Main Contractor
Calvin George Metro Construction Ltd. Recent contracts include St. Lucia Golf Club and Bay
Gardens Beach Resort. Construction commences mid August 2008.
Inspection Visit
Should you make a purchase following a visit to St. Lucia which was arranged specifically with
a view to buying, you will be allowed US$3,000 by way of an Inspection Visit which would be
deducted off your 30% contract payment. To qualify, however, you must sign a non-refundable
Reservation Agreement before you leave the island.
Golf Offer
For the first year only, there will be no joining fee and no annual membership subscription to
the St. Lucia Golf Club. Only cart fees will have to be paid. This offer is available to the three
villa owners, and the first eight three bed duplex owners.
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