The Caribbean in general is a high growth area and in particular the island of St.Lucia is experiencing tremendous growth.

1.High capital growth area with good yields 25-40% per annum.

2.Tourism is booming and investors can enjoy high rental income.

3.Stable legal and political environment.

4.Many investments are off plan; therefore investors have the advantage of below market value pricing.

5.St.Lucia is Part of the British Commonwealth.

6.The St.Lucia property market is extremely buoyant. While other markets such as the US falter, St.Lucia has been tipped as the “next big thing” for the discerning investor.

7.The pound to ECCU dollar ratio is at an all time high making investing extremely attractive and lucrative (4.5 EC dollars to 1 Pound). The average price for a 3 bedroom apartment in London is now at Ј350,000, for this amount an investor can own a luxurious 4-bedroom mansion with private swimming pool, and the beautiful Caribbean Sea at your doorstep complimented with year-round sunshine.

8.Location – St.Lucia is located “bang smack” in the middle of Windward and Leeward Island Group.

9.Income Tax Benefits -No Stamp Duty, No Income Tax, No Vendor’s Tax, No Corporation Tax, No Withholding Tax

10.St. Lucia Ranked among the Top Destinations for 2008 according to New York Post, Concierge.com and Frommers International.

Property is one of the safest investment choices you can make. It may go down, but it’s always guaranteed to go back up.

7th Heaven Properties is part of the Caribbean Marketing Company group which assists Caribbean organizations to reach new customers in the UK, European and global markets. London-based founder Walter Zephirin, who is a St. Lucian national says:“The Caribbean as a whole has so much to offer, there are excellent products, stunning properties and practically year round sunshine.

“As a tourism destination the Caribbean has so many things which top most destinations: diversity, stability and exquisite beauty. The Caribbean property market continues to grow while other property markets falter. Property prices in the Caribbean represent excellent value and due to the current strength of the Pound and Euro, UK and European investors are increasingly becoming aware of the benefits of investing in the Caribbean.

“This is the perfect time for Caribbean developers to take advantage of the sustained growth in the UK property market. In spite of the current ‘credit crunch’, the growth in the market has given serious financial clout to an increased section of the population, making second home ownership attainable for the first time. One in four in the UK now own property outright and residential property accounts for over half of all UK assets.It’s also worth noting that 211,000 households have second homes abroad and growth in this market is at four times the rate of the UK domestic market.

However Caribbean developers and governments should take heed from economies such as Spain, which rece

While other property markets falter, the Caribbean market continues to grow from strength to strength. St Lucia’s property market, in particular, is booming and the billions of dollars earmarked to be spent in the next 3 to 7 years on new property developments, as well as government spend on infrastructure in excess of $54 million to upgrade roadways, lighting, security, air and sea ports combine to make St Lucia an extremely attractive property market for investors.With the strength of the Pound and the Euro, the appeal of investing in residential and commercial property in St Lucia is at an all time high – in addition to Le Paradis, 5 new high profile five star plus international hotel resorts and spas are planned to also open their doors within the next 3-5 years, including the Ritz Carlton, Rock Resorts, Raffles Resorts, Banyan Tree and Nikki Beach. Many of these are being built around the town of Vieux-Fort, only approximately twenty minutes from Le Paradis.

St Lucia’s southern coast, including le Paradis and Vieux-Fort, is poised to become the Caribbean’s number 1 property hot spot. The area has something for everyone, from intimate private resorts such as Castles in Paradise to larger luxurious apartment hotels like le Paradis.

•Emerging Market: The Caribbean is experiencing tremendous growth with islands such as St. Lucia, Grenada, Dominican Republic and St. Vincent receiving unprecedented foreign investments. Property prices in the Caribbean represent excellent value for money and due to the strength of the Euro and pound investors are enjoying record returns. The Caribbean has just been upgraded to an investment hot spot according to recent research by independent property investment advisors, London International Property.

•Tourism now underwrites the regional economy of most of the islands.

•Caribbean tourism is expected to generate US$56.1 billion of economic activity; between now and 2017; earnings from tourism will grow by 3.3 % per year.

•Over the last few years the region has experienced tremendous growth in tourism and property development. In 2006, the region as a whole exceeded GDP growth by almost two percentage points, reaching 7.2%. This was broadly attributable to improved terms-of-trade and increased foreign investment. In addition, other factors including growing investor and consumer confidence, relatively low real interest rates, higher public spending and an increase in total income accruing to labor (driven by rising employment and a modest upturn in real wages) -- helped turn domestic demand, which rose by 7.0%, into an engine for growth.

•The Caribbean property market is extremely buoyant. While other markets such as the US falter, the Caribbean is the “next big thing” for the discerning investor. Return on investments as high as 30% in Year 1 is commonplace on islands such as St.Lucia and Barbados.

•The buy to let market in the Caribbean is taking off due to an increase in visitor numbers and regular international direct flights.

•The robust growth in international travel is expected to continue: the Wo

Market knowledge:the directors have extensive experience of the Caribbean property market and combined with our affiliates can offer expert advice on all aspects of the property buying process.

The 7th Heaven property portfolio has something for everyone, from affordable apartments, luxurious condominium hotels and private retreats to multi million pound luxury homes

7th Heaven properties is a UK company with agents located throughout the Caribbean. We offer personalized services for buyers and investors. Interested clients are generally met in the UK where all their questions can be answered and on arrival in the Caribbean our staff will collect you from the airport, take you to check-in and at your convenience show you the properties you are interested in.

Interesting facts on the UK Overseas Property Market.

Properties abroad now account for 43% of all second homes and purchases have grown at four-times the rate of those in the domestic market

Households with second homes to reach 273,000 by 2012, growing by 10,000 homes a year.

Between 2002/03 and 2005/06 households with second homes by a massive 40% – ten times the rate of the domestic market

211,000 households have second homes abroad

Growth at four times the rate of domestic market.

One in four are interested in buying abroad.

Sun and value are key determinants/

The reason for this dramatic increase stems from the growing popularity of the entire region with islands like St.Lucia and Dominican Republic taking the lead and seeing huge levels of foreign investment being pumped into the islands.

The time is right to invest in these island paradises especially for UK Investors as the pound continues to strengthen. As an investment or second home you simply cannot go wrong. www.7thheavenproperties.com offers villas with private pools for as little as a 2 bedroom flat in London and the company provides a bespoke property search, whereby they locate the properties free of charge to suit the client’s needs.

Equity financing is available for up to 50% of the market value where a property has been owned in excess of 3 years. If requested before, we would offer based on the initial cost of the property.
Minimum financing is limited to USD$250,000. Interest rates are linked to USD 3-month LIBOR + 2.85%. Fixed rate options are also available with 2,3, 5,10 15 & 20-year options.
There is currently no penalty for accelerated or lump sum payments on facilities linked to variable rates, however where fixed rate options are exercised, penalties would apply. Mortgage is normally structured over a maximum 20-year term, or until retirement. In any event we will need to be comfortable with sustainability of income used to qualify for debt.

Interest only options may be considered however they are limited to a maximum interest only term of 5 years, thereafter if a balance is out-standing; it is repayable over the remaining term through payments representing a blend of principal and interest.

Security is by way of Registered Legal Mortgage over the property being purchased, supported by assigned.

All Perils Insurance and Alien Land Holding License must be obtained. Arrangement Fee (Bank Fee) of 1%. All Legal and closing cost are covered by client. Demonstrated foreign income stream must be provided to support repayment of mortgage.

The island, with its fine natural harbour at Castries, was contested between England and France throughout the 17th and early 18th centuries (changing possession 14 times); it was finally ceded to the UK in 1814. Self-government was granted in 1967 and independence in 1979.

As a second home or holiday destination it is the ideal choice and as an investment you cannot go wrong. The property market in St.Lucia is booming and foreign investment is increasing at a rapid rate.
To purchase property in St. Lucia is fairly easy for non-nationals www.7theavenproperties.com Lawyer's fees, Vendor's tax and Stamp Duty is usually 2% of property value plus a % of property value, according to the following scale: Property value: Fee: Up to 50,000 is 2.5%. Between 51,000 and 150,000 is 1.5%, between 151,000 and 1 million is 1% and over 1 million is 0.5%. The Currency is tied to the US dollar and is the EC Dollar.

www.7thheavenproperties.com offers potential buyers general information on each island where properties are available. All developments offer high returns on investments, in particular St.Lucia, where one development in Vieux- Fort resold one its properties 3 years after its purchase for 3 times its value.

• Equity in a very successful Hotel in the Caribbean. 1.4 Million US.
• 8 Acres of land located on the island of St.Lucia (8 Acres). Ideally suited for a high end luxury villa development, 5 minutes from the beach and 10 Minutes from all major shopping malls. 872,000.00 US Dollars All information provided on application.