Caribbean Property Forum

2 Bedroom Condo at Cotton Bay St Lucia – USD$ 150K

Cas En Bas
Gros Islet, GI
Saint Lucia

$150,000 USD
Category  Residential
Listing Type
For Sale
Building Type
2 Full

Fully furnished condo for sale at Cotton Bay St Lucia with great potential for rental income!

The Condo Features:

1. An average nightly rental rate starting from about USD 140 per night.
2. The HOA fee (condo dues) is USD$ 793 per month.

The condo dues cover all expenditure on common property and services which include:

· Main swimming pool, pump room, and pumps
· Sewage system
· Water distribution system
· Electrical distribution system
· Pest and termite treatment of all common areas
· Payment to Wasco for water consumption
· Payment to Lucelec for electricity consumption (individual owners should pay the condo for consumption in their own units)
· Beach cleaning
· Maintaining vegetation
· Maintenance of all drives and walkways
· Maintenance of stairs and railings leading to upper floors of apartment blocks
· External painting of all buildings

Note: Roof repairs on apartment buildings is also covered by Condo fees.

Yearly building insurance is USD $1,000.

Cotton Bay development has had a management company run it for the past 2 years. They maintain the communal areas and have been doing a very good.

Cotton Bay Village development is currently kept in very good condition.
Air Conditioning
Mountain View
Ceramic Tile Floors
View Count 11,374 is the official site of the Multiple Listing & Real Estate Services of St. Lucia (MLRES), with real estate offices located in Soufriere & Dennery. Multiple Listing & Real Estate Services is a member of the Realtors Association of St Lucia , Inc.