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Golf resort to increase property interest
With the Cricket World Cup only four months away the Caribbean will become the focus of the world for six weeks, and property interest there is reaching new highs as the tournament approaches, writes David Fuller.
However, it is a different sport entirely that could soon stoke property interest on one of its islands. St Lucia, located north of the islands of Saint Vincent and the Grenadines, north west of Barbados and south of Martinique may not be the first island you think of when it comes to buying a Caribbean property, but a new golf resort could change all this.
Already home to three championship-standard golf courses, St Lucia is already seen as something of a golfing mecca in the Caribbean, and this new course located in Le Paradis Residences resort in Praslin Bay will make it the first Caribbean island to have four courses.
Designed by Greg Norman, the course is not due for completion until 2008, but properties in the resort are already on the market.
One, two and three-bedroom apartments and villas are currently being marketed by DCG Properties Limited and prices start from £275,000, rising up to around £750,000. In addition property owners in this resort will also receive at least six per cent rental income for two years and have initiation fee for membership at the course waived.
Cricket is certainly not the only sport, then, to be generating interest in the Caribbean.
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Other articles of interest:
Investments and views in St. Lucia
Article first published on 10 November 2006


