Property Saint Lucia offers many opportunities for people who want to invest in the rental market. Buying property for long-term leasing requires careful consideration. In order for your home to have a high load, you must purchase it in the right place. Investing in an area for which there is a high demand will make your life as a landlord profitable and fulfilling! Here are my 3 top picks for St Lucia long term rental properties.
Corinth
Corinth, located near the island of Gros, is a great place to buy real estate. It is right in the center of Castries and Rodney Bay, the 2 main shopping centers in Saint Lucia. This makes it an extremely convenient place to live for thousands of people who work in these cities. Being 10 minutes from Rodney Bay is especially attractive to many tenants, as it is a live, hip and fast-growing part of St. Lucia.
Corinth has many amenities for residents, including a gym, supermarket and high school. They are very attractive for tenants and increase the desirability of the area. There are also numerous small enterprises, as well as large corporate enterprises, such as LIME. Therefore, in Corinth there is always a high demand for apartments.
Tapion
Tapion, located along the southern border of the harbor of Castries, is attractive because of its beauty. This is a very picturesque area overlooking the harbor and the Caribbean Sea. From here, the cruise ships entering and leaving Castries are a spectacular sight! This marine area with its constant breezes is perfect for morning or evening walks. Tapion also has a small beach used mainly by residents.
Hotel Tapion is located just 5 minutes from the center of Castries, a very attractive place for people who work in the city. The area is also home to many well-established institutions, such as Tapion Hospital, St. Lucia Music School, the Police Training Academy and Tapion School. Thus, doctors, nurses, teachers, and government employees ensure a constant demand for apartments in the area.
Bosezhur
The Beausejour community is a relatively new frontier in St. Lucia real estate. The area came to life with the creation of the Beausejour Cricket stadium in 2002 - one of the most modern cricket stages in the Caribbean. The construction of the stadium opened earlier the virgin part of Saint Lucia. Numerous housing projects later, Beausejour is now an extremely desirable residential area in the north of the island.
Beausejour is just 5 minutes from the city of Gros Islet, the legendary nightlife. Rodney Bay can also be reached in a few minutes. This means that residents of Beausejour have quick and easy access to some of the best amenities that the island has to offer. The beaches of Pigeon Point and Reduit are also in close proximity to Beausejour. This is a lively, contiguous area with a constant flow of demand for rental apartments.
If you choose wisely, real estate investments in Saint Lucia will receive financial rewards. The first step is to choose a place that will provide a high return on investment. Residential areas close to urban centers are in great demand among people looking for apartments for rent. This is usually a great place to start if you want to invest in an apartment building.
