Tuesday, December 15, 2009

St Lucia among 'Top 10 Second Home Markets'

International Property Journal recently ranked St Lucia among the top 10 vacation-home destinations offering the best potential for luxury, relaxation, adventure and rental income. The list is presented in no particular order but includes such locations as RIVIERA NAYARIT (Mexico), NATAL (Brazil), HERMOSA (Costa Rica) and PLACENCIA (Belize).

"Of the emerging islands in the Caribbean, St. Lucia has all the elements in place for steady growth. Its array of spectacular coves and beaches is augmented by its unique Creole culture, pristine twin Piton peaks and swatches of rainforest, a rarity in the Caribbean.

More importantly, investment money is flowing to the island, which is still in a relatively early development stage. Many of the second home projects are clustered on the north end of the island around Rodney Bay, where there are clusters of luxury homes. A fairly easy drive from the international airport as Castries, the area offers classic Caribbean style at prices below the sky-high offerings in Barbados.

Read the full article here.