Invest With only a handful of lots on the market at any time, stunning views, and the possibility of owning property in a secluded tropical paradise only minutes from downtown Charlotte Amalie, St. Thomas, makes it clear that Water Island is a great real estate investment!
Retire Whether it's the warm weather (temperatures remain in the 80s (28C) year around), the activties (golfing, sailing, diving, or just lying by the pool, to name a few), or the great retirement community (how about lunch with the R.O.M.E.O.s? - "Retired Old Men Eating Out") - Water Island is an ideal place to spend your Golden Years!
Live Only a few minutes by ferry away, St. Thomas is the economic hub of the Virgin Islands, and employment opportunities abound. Water Island boasts proximity to a major international airport, and with high-speed internet access on the island, you can telecommute anywhere. The Antilles School is an award-winning private school attended by children from around the Caribbean, and with a variety of leisure activities - fine dining, water sports, cultural events, and travel - you won't lack for things to do on the weekend!
Financing Information
Mortgages are easily attainable in the USVI, since it is a territory of the United States. Scotia Bank and First Bank are currently offering what we feel are favorable finance options for purchases of raw land, although there are branch offices from many other financial institutions as well. The terms are similar to those found in North America, and given the continued upswing in land values in USVI, and especially Water Island, the opportunity for high returns are excellent.
Construction and development money is also readily available through the multitude of financial institutions present in St. Thomas.
The owners have excellent realtionships with lenders in the area and will be happy to assist buyers with the process.
Title insurance and all of the neccessary protections are standard in the USVI.
The property owners are prepared to offer secondary financing on the lots, should it be neccessary, to assist potential buyers with their investment, subject to pre-qualification.
Please do not hesitate to call Mr. Hankin at +1 (787) 461-2745 or at sales@waterislandlots.com for further details.
