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 Price : US$ 3,450,000 Type : Commercial - Resorts
Commercial - Land
REF : USV0001 

US Virgin Islands : Butlers Bay, St. Croix

 

PRICE REDUCED

 



US Virgin Island Property




 


 

40.7 acres of commercial land on a pristine hillside overlooking the Caribbean and with a substantial length of high quality beachfrontage. This land has been zoned for commercial development.

US Virgin Islands Property

US Virgin Islands Property

The 40.7 acres of land shown above has been zoned R-3 and suitable for hotel development and enjoys a long sandy beachfront.

 

 

 

 

 

There is further additional hillside land available, which has been zoned R-1 and is suitable for a residential development.

US Virgin Islands Property

US Virgin Islands Property

Topographically the area is hilly and offers superb, wide angle ocean views.

 

 

 

 

This property is on the lush, lee side of the island and includes forests of tropical trees such as mahogany, saman and flamboyant.

US Virgin Islands Property

US Virgin Islands Property

The water off the shore is crystal clear and the home of four sunken wrecks, which are of interest to divers.

US Virgin Islands Property

The property is located in the most remote part of St. Croix offering a peace and privacy and in an area with beautiful historic great houses and other substantial homes nearby.

US Virgin Islands Property

US Virgin Islands Property


This beautiful 40.7 acre property, with commanding views over the Caribbean Sea and a lovely sandy beachfrontage, is ideal for commercial development and already approved for hotel and residential use.


There is approx 53 axres of additional hillside land available at an agreed additional cost, that has been zoned for residential development


Buying Property in the US Virgin Islands

US citizens buying property in the US Virgin Islands will find that the real estate process is basically the same as in the continental US. Additionally, there are tax incentives for US companies buying property in the US Territories where US companies with Industrial Development Corporation benefits, can shelter up to 90% of their corporate income tax for 10 years, provided the principals of the company live in USVI.

Please click on about the US Virgin Islands to find out how to buy a property in the US Virgin Islands.

 

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Last Updated On 20 Nov 2017