St Bart’s Real Estate
Escape the crowd and indulge in a truly exclusive Caribbean island getaway that combines both tradition and modernity.
Nestled in the Caribbean Sea, St. Barthélemy, better known as St. Barts, is a gem offering a laid back life in luxury living, amongst natural wonders. This small 25km² island combines lavish real estate options and an exclusive way of life.
Discovered by Christopher Columbus in 1493, St. Barts has a history influenced by European powers. Throughout the centuries it experienced changes between Swedish rule before becoming a collectivity of France in 2007. The island’s architecture, culture, and cuisine beautifully reflect this blend of influences.
St. Barts was established in 1648 when settlers from Normandy and Brittany first arrived. Swedish colonization began in 1784. The island economy shifted from its reliance on fishing and salt production to becoming a haven for the wealthy.
An intriguing highlight of St. Barts is its New Year’s Eve tradition called “Les Voiles, de Saint Barth,” which draws global attention to its thrilling yacht racing event.
Situated against the backdrop of the island’s coastline this regatta attracts sailing enthusiasts and spectators, from all over the world.
Homes for Sale in St Bart’s
St. Barts boasts an array of breathtaking beaches, each with its charm. Shell Beach is a spot for sunbathing and snorkeling thanks to its shimmering seashells and crystal clear waters. Flamands Beach exudes tranquility, while St. Jean Beach entices visitors with its ambiance and trendy beachfront bars.
Renowned for its resorts and villas offering ocean views and top-notch amenities St. Barts is a magnet for high-end tourists and investors alike. Iconic retreats such as Eden Rock St. Barths and Cheval Blanc St. Barth Isle de France epitomize luxury at its finest.
The capital city of Gustavia exudes elegance with its streets adorned by high-end boutiques and chic restaurants. Take a glimpse into the island’s past at Fort Gustav. Marvel at the picturesque harbor filled with luxury yachts during peak seasons.
St. Barts is a paradise for food enthusiasts, boasting a scene that will tantalize your taste buds. Le Ti St. Barth provides a captivating blend of dining and vibrant nightlife. Meanwhile, Le Gaiac at Hotel Le Toiny delights guests with its fusion of French cuisine complemented by breathtaking views. Sailing enthusiasts and onlookers flock to this yacht racing event, held annually against the backdrop of the island’s beauty. It’s an exhilarating experience that showcases both St. Bart’s heritage and its modern allure.
Land for Sale in St Bart’s
Potential buyers have a selection of luxurious options that redefine the essence of Caribbean living. Waterfront villas along Lorient Beach provide access to the mesmerizing azure waters while hillside estates in Colombier offer vistas of the Caribbean Sea. The exclusive gated community of Domaine du Levant presents oceanfront plots, while Pointe Milou boasts contemporary villas overlooking the coastline. Upscale Gustavia unveils penthouse apartments with harbor views. Meanwhile, private beachfront compounds like Villa Rockstar combine amenities with secluded tranquility redefining what it means to live luxuriously on an island.
In St. Barts, potential buyers can expect a range of properties each exuding the unique charm that characterizes this remarkable island destination. Along Lorient Beach, waterfront villas start from around $3 million.
Colombiers hillside mansions, offering views of the Caribbean Sea come with price tags ranging from $5 million to $15 million. In the community of Domaine du Levant, you can find, oceanfront plots starting at around $10 million. If you prefer villas with coastal views Pointe Milou offers options between $4 million and $10 million. Moving on to upscale Gustavia penthouse apartments are available in the range of $2 million to $7 million. For those seeking the epitome of luxury private compounds like Villa Rockstar redefine opulence and often exceed the $20 million mark showcasing St. Barts real estate market.
Buying Property in St Lucia
When it comes to purchasing property in St. Barts as a foreigner there is a process with considerations to keep in mind. Here is a step-by-step breakdown;
Choose Legal Representation – It is essential to seek guidance from an attorney specializing in real estate transactions who can navigate you through the intricacies.
Obtain an Alien Landholding License – Non-residents must secure a “landholding license” before buying property. Your attorney will assist you with the application process, which involves providing information and details about the property.
Submit Required Documents – Alongside your license application, submit your passport, financial references, and a police certificate to establish your eligibility and credibility.
Await Approval – Once you’ve submitted the documents, the process of getting approval for a license typically takes 2 to 3 months. During this time the government carefully evaluates your application. Assesses its impact on the community.
Payment – Once approved you’ll need to pay a government fee for the alien landholding license. This fee is a percentage of the property value.
Signing an Agreement – Before finalizing the contract it’s common to sign an agreement with the seller. This document outlines all the terms and conditions of the sale.
Thorough Assessment – It’s important to engage professionals such as surveyors and notaries to conduct diligence, agree on property boundaries, and consider all legal aspects.
Sealing the Deal – After due diligence, the parties can proceed with signing the deed of sale. This legally transfers ownership from seller to buyer, with payment made according to the agreed terms.
Registering Ownership – The final step involves registering your property with the French Land Registry (Conservation des Hypothèques). Your attorney will oversee this process, which guarantees your rights as an owner.
Tax Considerations – It’s crucial to be aware of any property taxes or other applicable taxes related to your transaction. Consult your attorney for more guidance on these tax obligations.
When buying or selling property in St. Barts there are taxes and costs involved that you should take into account.
For buyers, there is a 5% tax, on the purchase price while sellers have to pay a 6% tax on capital gains. There are also costs such as legal charges, typically around 1 2% of the property value. Stamp duty, which is 4.5% and registration fees of around 0.5% further contribute to the expenses. Moreover, non-resident buyers may also need to pay a landholding license fee, which is usually a percentage of the property value. It’s important to consider all these taxes and expenses when planning a real estate transaction in St. Barts.
New Developments in Grand Cul-de-Sac and Vitet
Eco-Luxury Community – “Domaine de Lurin” in Anse des Cayes offers living with solar-powered homes, rainwater harvesting, and native landscaping.
Wellness Resort – Grand Cul de Sac. The wellness-oriented resort known as “Faubourg du Toiny” in Grand Cul de Sac provides spa facilities, yoga pavilions, and health-conscious dining options.
Golf Course – Vitet. The proposed “Vitet Golf Estate” in Vitet aims to bring a top-notch golf course to the area. Surrounded by hills it offers an enjoyable golfing experience while adding to the island’s recreational options.
Residential Development – Flamands. In Flamands the “Galerie du Flamands” introduces a development. With ocean views and private beach access it sets a standard for luxurious coastal living.
Sustainable Living – Toiny. The “Écohameau de Toiny” project in Toiny prioritizes living through architecture and the integration of renewable energy.
A Life Of Luxury in St Bart's
Other new developments of note include:
Quartier de Saline – Close to Saline Beach, This coastal community offers modern villas with ocean views. Capturing the essence of luxury living while maintaining a strong connection to nature.
Mont Jean Residences – Mont Jean welcomes a collection of residences that showcase contemporary design and breathtaking vistas ensuring both privacy and sophistication.
Marigot Bay Marina – Catering to yachting enthusiasts with stylish waterfront dining and shopping opportunities.
Colombier Clifftop Estates – Overlooking Colombier Bay, this venture introduces cliffside residences that offer stunning panoramic views.
The absence of property taxes and inheritance taxes serves as an advantage. With a luxury tourism industry and strong demand for accommodations, the rental market remains robust. As a collectivity of France, St. Bart’s stability provides added security. Additionally, the ongoing development of eco-luxury projects, wellness resorts, and exclusive communities ensures growth making St. Barts an option for knowledgeable real estate investors.
Are you ready to unlock the potential offered by St. Barts luxury real estate? Let us transform your investment aspirations into reality and make new friends and neighbours.
Connect with us now to take the step towards securing your piece of luxury in this esteemed Caribbean paradise. Your personalized journey awaits – no obligations involved, only possibilities.
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