Property for sale in Saint Lucia
Santa Lucia is an island in the Eastern Caribbean where on the west coast there are two mountains: the Pitons. The coast is home to volcanic beaches, dive sites along the coral reefs, luxury resorts and fishing villages. The capital is Castries and is a popular stop for cruises.
If you plan to move and you are looking for property for sale in Saint Lucia it is important to have some information on the real estate market in St Lucia which seemed in a better condition last year, but was still recovering at a gradual pace from the global economic crisis almost ten years ago.
Property prices have fallen from 20% to 30% from 2009 to 2014, due to the global crisis. The real estate market started to rise only at the end of 2014.
The mid-priced properties sold in Saint Lucia at the price of $ 350,000 are gaining popularity especially among foreign buyers from Canada and the United States.
There is great optimism about the future of the real estate market, although it is currently not at its best. But if you want to buy a property for sale in Saint Lucia it's a good time to take advantage of all-time prices.
Overall, the real estate market remains a favourable market for the purchaser of properties for sale in Saint Lucia. The vast majority of transactions concern holiday home buyers.
The north and south areas of St. Lucia currently have a wide variety of new homes and condominiums and properties for sale in Saint Lucia.
Tourism is the engine that drives the real estate in St. Lucia. However it is still a very promising destination, a much smaller market than other Caribbean countries such as Barbados, St. Martin and Antigua
Most of the foreign buyers who want property for sale in St. Lucia come from the United States, Canada and the United Kingdom.
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