The good news is since St. Croix is part of the United States Virgin Islands, the process for buying and selling property remains similar and protected under U.S. Law. It’s one of the few places this far down in the Caribbean that you have all the protection of the U.S. Government. It makes the whole thing a bit easier than going out of the country. I’m used to the Real Estate laws here so that’s good.
While we’ve worked with about four different Realtors over the course of the last two years looking for homes to buy, we figured we’d try and find yet another recommended Realtor to help us in our hunt for land. Not because any of the previous Realtors did a bad job (we know there’s a housing supply issue), just that different Realtors continue to give us different insight and opinions that have been helping to shape our direction and decisions on how to move ourselves down to St. Croix.
We found a woman named Patrice Kelly who came recommended from someone we met on www.vimovingcenter.com who is helping us with our land hunt. Already we’ve got a couple good candidates for what we eventually want to do. The criteria is: 1-3 acres, easily build-able, a not too steep slope, up on the mountain side, with a view of the ocean, on the North or West shorelines of the island. Options right now are ranging anywhere from $60k-$100k which we’re considering, and while that’s not cheap, they say the views are worth a million dollars. 😉
We’re not supposed to go back to St. Croix until the very end of November, but if we find a serious piece of land I may go down for a quick trip sooner as not to loose the opportunity. The real estate market has been on fire down there lately, and things can sell quick if they are the right deal.