st croix investments: Capital Improvements on your St Croix Home - 12/15/09 07:41 PM
Every year, it is important for homeowners to take stock and make a list of all the capital improvements you've made to your property.
The IRS allows a homeowner to take the costs of capital improvements and add them to the basis of their home in order to accurately reflect the … (1 comments)
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st croix investments: St Croix, VI: View Homesites in Vista Concordia - 12/01/09 10:46 PM
The views from these lots are absolutely spectacular. Overlooking Salt River with a panorama of the twinkling lights of Christiansted at night! HOA fees of $250/year for unimproved land and $500/ year for improved. Architectural approval required, as are cistern and septic tank.One lot of 0.62 acres is listed at $100,000, the other … (0 comments)
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st croix investments: St Croix, VI: View Home + Successful Vacation Rental above Teagues Bay, Now $699,000 - 12/01/09 08:23 PM
No better views than from EASTWINDS - a successful vacation rental with two bedrooms, two baths, and very spacious living area on the main floor, and an additional bedroom, bath and sitting area downstairs. Deeded rights of use of Beach Plot #6. Gated entry and security system. See docs for plans … (2 comments)
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st croix investments: St Croix VI: Developer's Opportunity - View Lots - 11/23/09 08:19 PM
Scenic Breeze is a collection of lots being developed on St. Croix's north shore. The land sits above St. Croix's historic Salt River, and looks into the Salt River National Park and ecological Preserve, where Columbus sailed into Saint Croix in 1493. It is suspected that Columbus sent expeditions below … (5 comments)
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st croix investments: St Croix. US VI: Finally - Affordable Sea View Homes - 11/06/09 01:20 PM
I've been saying for years - if you want a home with a sea view in St Croix, you'll have to pay at least half a million. Well - thankfully - there are now a dozen or more homes on the market here with an Oceanview for under $500,000! Click the link below to view … (1 comments)
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st croix investments: Christiansted, St Croix, VI: Price Reduced on Oceanfront Condo to only $90,000 - 10/26/09 10:38 AM
Price Just Reduced to $90,000!
This lovely, updated one bedroom one bath OCEANFRONT condo is priced to sell. Just bring your toothbrush and move right in! Sit on your patio and watch the waves roll in! Kitchen and bath updated; appliances, fans, screens, furniture, patio door, all updated in last … (4 comments)
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st croix investments: St Croix VI - Amalago Bay Resort Receives CZM Approval - 10/15/09 01:48 PM
The St Croix CZM (Coastal Zone Management Committee) has approved an application from William and Punch Partners to develop a $640 million marina and casino resort. They plan to break ground next year.
The company owns almost 600 acres on St Croix's northwest shore, and will include condominiums, a boutique hotel, spa, … (0 comments)
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st croix investments: Good News for St Croix - 10/07/09 06:16 PM
Governor deJongh has announced an agreement with Fortune Brands that will keep Cruzan Rum on St. Croix and expand the brand and its importance in the portfolio of Fortune Brands, the largest U.S. spirits company and the fourth largest premium spirits company in the world.
This agreement is a … (1 comments)
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st croix investments: Life and real estate in St Croix vs St John or St Thomas - 10/03/09 03:28 PM
Living in the US Virgin Islands
I received an email from a prospect who wanted information on how to choose one of the 3 Virgin Islands for investment and retirement. Here's my (somewhat prejudiced) viewpoint.
St John
If you like St John, you will really like St Croix. I had vacationed in … (1 comments)
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st croix investments: Yes, You CAN Use your Tax Credit in St Croix but Time is Running Out! - 09/24/09 06:06 PM
Here are two great homes for sale in St Croix with the best we realtors have to offer:
1. Motivated Sellers2. Reduced rock bottom prices3. Great values for St Croix property4. Ripe for you to use your $8,000 Tax Credit
Best Buy #1: OCEANFRONT YES, … (1 comments)
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st croix investments: Condos in St Croix - an update - 09/11/09 12:22 PM
I've been corresponding with a woman who will be retiring soon and wants to move to St. Croix. She has a price range for a condo chosen within her means, and wants to walk to shopping, the beach, events, as much as possible. She'd also like a new complex.
If you … (4 comments)
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st croix investments: IDX Comes to St Croix - 09/07/09 06:48 PM
You folks on the mainland think IDX is "old hat" but it's a new toy we just were able to install through our MLS.
To those of you who search for listings, and don't we all - even if just to keep up with the market or dream of someplace warmer … (4 comments)
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st croix investments: Hurricane Insurance in St Croix - 08/18/09 01:43 PM
Hurricane season is here, and I just took a listing on a townhome in a complex which is self-insured, so thought a few words regarding hurricane insurance would be timely.
Our property taxes are pretty low (about .004 X purchase price) but we make up for it in the cost of … (1 comments)
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st croix investments: Frederiksted, VI: Good Hope in Whim (Two Will), $80,000 - 08/18/09 12:01 PM
This well maintained unit has a lovely large bathroom downstairs (recently added). Located near pool with nice back yard and great breezes. Good Hope townhouses are located on the southwest end of St Croix about 10 minutes from the best beaches on the island. Across the street is Good Hope school, … (0 comments)
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st croix investments: Cost of Living in St Croix - Here's an Update - 07/01/09 09:11 AM
Perhaps the most common question I get about St Croix is "Can I afford it?" I have known people who could live on $200 a month - and I have known people who needed $200 a day to be happy/comfortable. So it is really difficult to answer that question.
What I can tell … (2 comments)
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st croix investments: 1st Time Buyer Credit is Available in Virgin Islands! - 06/23/09 10:06 PM
If you are a first-time home buyer this year, you may be eligible to take a tax credit of $8,000, making it easier to afford to make the financial leap.
Under the federal stimulus package passed earlier this year, first-time home buyers can deduct 10 percent of the cost of a home … (1 comments)
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st croix investments: Doing Business in St Croix, US Virgin Islands - 06/04/09 08:46 PM
The U.S. Virgin Islands and the Virgin Islands Economic Development Authority (VIEDA) were featured on Delta Airlines' In-flight Video during the month of April 2009. That video is now online for you to see at the USVIEDA web site.The video focuses on the quality of life offered residents of the Virgin Islands, and the … (0 comments)
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st croix investments: Want to Live on the Caribbean? Here are the Best St Croix Buys for May - 05/01/09 03:09 PM
There are some INCREDIBLE deals on homes in St Croix right now! Here are my picks for best value, best view, best of the best.
1. Where in the world can you buy a waterfront home on the beautiful turquoise waters of the Caribbean? Right here in St Croix! Located in the … (0 comments)
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st croix investments: Frederiksted, VI: Prices Reduced on Two Ridge Top View Lots on St Croix - 04/10/09 09:54 AM
72L Clairmont NB, Frederiksted, VI - 2 acres, now $219,000This is a gorgeous, very gently sloping ridge top lot. Great location, amazing views, excellent breezes. About 400 feet above the north shore of St. Croix. Very private and yet convenient location. Some owner financing would be considered - Make an offer!
… (0 comments)
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st croix investments: Don't pass up the Buyer's Market on St Croix, Virgin Islands - 04/07/09 10:31 PM
Recently, a customer of mine wrote me to tell me that she intended to put off her purchase for several years. She is about 4.5 years away from retirement, and she wants to get her debts paid off and her house sold before she moves here. She's looking at an … (1 comments)
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