Apartments For Sale In Cap Maison,saint Lucia
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- 2 bedrooms
- A legal one fifth fractional ownership of a truly stunning home
- Superbly situated in this fabulous
- well known five star resort
- You will have 2 weeks personal use of your home each year
- And enjoy a share of the rental returns for another 8 weeks
- Plus full rental administration and maintenance at no cost
- Excellent accommodation with a total area of 2185 sq. ft.
- Designed to allow future division into 2 separate homes
- Enjoy all the benefits and services of the luxury resort
- In a property with a likely total value of over $1 million
- This is probably fractional ownership at its very best
Property descriptionThe stunning, five star, award winning resort of Cap Maison occupies a wonderful position within its private, ocean-front bluff overlooking the picturesque beach of Smugglers Cove. Set in three acres of tropical landscaped grounds, Cap Maison is an intimate, family run, luxury boutique resort with a great reputation and superb facilities.
Ownership of the one fifth share provides almost all the benefits and features of whole ownership without the costs and associated risks of total ownership, there being no maintenance charges, whilst all the administrative rental costs are included.
The owner will be able to enjoy two weeks personal use of the fully furnished apartment each year and can take advantage of the owners discount of 20% off the published rates, should additional weeks be required. Otherwise, the owner will benefit from a share of the rental return of eight weeks a year, providing 3.706% of the apartment profit, in addition to the two weeks free use.
The apartment is superbly proportioned, having a floor area of 2185 square feet, which is considerably more than many four bedroom villas. The versatile accommodation has been cleverly designed in two sections. The Master Area occupies 1435 square feet and comprises a large dining and living area, with open plan kitchen and laundry.
The full depth master suite includes a large bedroom, walk-in closet and two built-in closets, two bathroom areas, separate shower and separate toilet. A large, L shaped verandah runs the full width of the Master Area, with access from both the living and bedroom areas and provides stunning views over the Caribbean Sea.
The smaller Lock-Off Area is of 750 square feet and provides a large living area plus bedroom, bathroom, separate shower and toilet, with its own verandah adjoining the larger one and accessed from the living area. Should the owner require three bedrooms in total, the living area would easily convert to an additional bedroom. This Lock-Off Area has its own entrance and can form a separate self-contained apartment if required.
The property was designed and finished to a particularly high standard and has the benefit of an exacting specification, as will be seen from the photographs which illustrate this feature. All the principal rooms are air conditioned, whilst the kitchen, laundry, bathrooms, shower areas and toilets are equipped to a high standard of luxury. An additional and unique feature of the property is that it is the only one in the complex that can be locked off from the rest of the resort.
Cap Maison is well known for its superb facilities, to which the owner will have complete access during the annual stay of two weeks and any additional visits. There are swimming pools, bars, restaurants, a fitness centre and spa, whilst water sports are also available.
In addition, the St Lucia Golf and Country Club is just minutes away, tennis courts are adjacent to the resort and the many restaurants and bars of Rodney Bay are but a short drive. In addition to all this, the owner can enjoy the 1500 acres of the former sugar plantation estate and its beautiful rolling hills at the northern tip of the island, with the tranquil waters of the Caribbean Sea on one side and the invigorating Atlantic Ocean on the other.
As previously stated, the owner will receive 3.706% of the annual profit of the apartment, assuming that no additional weeks are taken for personal use at the discounted rate. Rents received for this property in recent years are as follows:
2013: $1515 (991)
2014: $2209 (1445)
2015: amount to be paid: $2668 (1746)
Forecasts for the next two years are:
Finally, it should be noted that the property has deeded ownership, which is held in trust. This means that the transfer of ownership will take place without the buyer incurring the usual purchase costs, principally stamp duty, which is somewhat expensive in St Lucia.
Full details of the legal aspects of the property can be provided to genuine intending buyers on request.
These details are provided and intended as a general guide only and do not form a contract or any part of a contract. Intending buyers must make their own investigations and are advised to take appropriate independent legal advice. The final sale price may vary due to currency exchange fluctuations.
Not applicable, Cap Maison, Rodney Bay, Saint Lucia
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