Find the best luxury homes for sale in St John, U.S. Virgin Islands.
Exploring luxury homes in the U.S. Virgin Islands (USVI) offers a unique opportunity to own a piece of paradise. Below are some frequently asked questions to assist potential buyers:
Luxury homes in the USVI vary widely in price, typically ranging from approximately $824,292 to $12,044,219, with an average listing price around $2,380,181.
The USVI consists of three main islands:
St. Thomas: Known for its vibrant culture, bustling ports, and luxury shopping.
St. John: Renowned for its pristine natural beauty, with over 7,000 acres designated as Virgin Islands National Park.
St. Croix: Offers a blend of historical sites, diverse landscapes, and a tranquil atmosphere.
No, the USVI welcomes foreign buyers, and there are no restrictions on property ownership for non-residents.
The USVI offers a diverse selection of luxury properties, including beachfront villas, hillside estates with panoramic ocean views, condominiums, and private estates.
The USVI real estate market has shown resilience, with luxury properties maintaining strong demand. For instance, in 2018, the average home in St. John sold for approximately $1.049 million.
Buyers should consider costs such as property taxes, insurance, maintenance fees (for condominiums), and potential homeowners association (HOA) fees. It's advisable to consult with a local real estate agent for detailed information.
Yes, financing options are available through local banks and mortgage companies. Interest rates and terms may vary, so it's recommended to explore multiple lenders to find the best fit.
The closing process typically involves:
Signing a purchase agreement.
Conducting due diligence, including property inspections and title searches.
Finalizing financing, if applicable.
Completing the transfer of ownership through a closing meeting.
Engaging a local attorney or real estate professional can help navigate this process smoothly.
Yes, numerous property management companies in the USVI offer services ranging from routine maintenance to handling vacation rentals, ensuring your property remains well-maintained in your absence.
Subscribing to real estate newsletters, setting up alerts on property listing websites, and maintaining regular contact with Daniel Boudreau are effective ways to stay informed about new listings and market trends.
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02/7/25   |   The Bonvi Hospitality GroupLooking to book with experts in St. John USVI? Whether you’re a private chef, boat captain, or a homeowner seeking management for your vacation home, Bonvi Hospitality Group is here to help. With over 15 years of experience on St. John, we specialize in connecting guests with unforgettable luxury villas and seamless vacation experiences. Contact us to manage or book your property, ensuring top-tier service for every aspect of your stay.