Step-by-Step Seller’s Guide For St Lucia Real Estate
Do you own an unwanted property that you inherited? Are you going through a divorce? Do you have problems paying your mortgage? Are you facing financial difficulties? Have your kids moved out and the house is too big. Then come to Realty St. Lucia to help you sell your home. Here is a step by step guide for selling your home in Saint Lucia, Caribbean.
Listing Your Home with Us
How much is my home worth? Is normally the first question that pops up in one’s mind when they have decided sell. There are many factors that would determine the amount of money you get for your property such as
- The condition of the house
- St Lucia housing market
- Whether you choose Realty St. Lucia as your agent
Choosing Realty St. Lucia as your agent is critical, as we are knowledgeable enough to inform you of the current state on the St Lucian real estate market and the condition of your house
Calculate Your Vendors Tax
Deed of Sale/Transfer Citizens of St Lucia
If you as the Vendor is a citizen of Saint Lucia or is a foreign national (Conveyance), the formular below would help you calculate your Vendors Tax.
- First $50,000 – Exempt
- Next $25,000 – 2.5%
- Next $75,000 – 3.5%
- Remainder – 5%
Deed of Sale/Transfer – Aliens / Non-Citizens of Saint Lucia
If you as the Vendor IS NOT a citizen of Saint Lucia or is a foreign national (Conveyance) then the Vendors Tax is 10% of the Transaction.
Select A Realty St. Lucia Agent
Real Estate in most islands of the Caribbean are not regulated. Therefore, when transacting, ensure that you deal with a professional and competent agent. An agent or agency that is a member of the Realtors Association (Saint Lucia) Inc. Realty St. Lucia is a member and will better be able to guide you through improving and getting the condition of your house ready. We will let you know the values of similar home sales in the past as well as present so that you can price accordingly.