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Butler Bay, St. Croix, US Virgin Islands, St Croix, VI 00820

$3,462,500
Land MLS# 35378860 ID: 32180287
$3,462,500 Get Rates

Lots and Land for Sale in Butler Bay, St. Croix, Virgin Islands $3,462,500
Opportunity to acquire 52 U.S. acres of land with 1800 ft. of waterfront. Two exceptional development parcels on the NW sunset coast of St. Croix, US Virgin Islands. The parcels represent attractive development characteristics that are increasingly rare.\r\rSt. Croixs development has largely relied upon airline fed tourism and the migration of new permanent residents seeking their place in the sun. Being out of the spotlight has constrained development on a relative basis and kept property prices from participating in the frenetic appreciation that has recently occurred in rest of the Caribbean.\r\rAs Caribbean and warm weather U.S. properties have reached price points that leave investors gasping for oxygen, serious attention is being paid to St. Croix as the next best place for quality of life without a million dollar price tag. Property pries are generally a fraction of those on St. Thomas and St. John and lower even than most of the alternatives in non-U.S. islands in the Caribbean.\r\rWell planned development on reasonably priced property can profitably offer price points that target a broader market than just the super affluent the U.S and abroad. With its Danish heritage, St. Croix may be an especially attractive market for Europeans if direct air service could be established through vacation packages and chartered flights.\r\rBeyond the multitude of financial, tax and legal advantages of a U.S. person investing in the U.S. Virgin Islands, are the quality of life and quality of vacation experiences that St. Croix provides.

Brokered And Advertised By: Caribbean Dreams Limited
Listing Agent: Caribbean Dreams Limited

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Location Information near Butler Bay, St. Croix, US Virgin Islands
Offered by Caribbean Dreams Limited

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Property Features for Butler Bay, St. Croix, US Virgin Islands
Status
Market Status
Available
Last Updated
September 19, 2017
Description
Property Type
Land
Architecture
Lots/Acreage

Listing Features

  • Property Type: Lots and Land; For Sale
  • Caribbean Dreams Limited

Data Provided by:
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More information about this $3,462,500 Land at Butler Bay, St. Croix, US Virgin Islands

This $3,462,500 Land at Butler Bay, St. Croix, US Virgin Islands in St Croix, VI is presented by Caribbean Dreams Limited. This $3,462,500 Land, located in the 00820 zip code, has the following property features: Property Type. This Butler Bay, St. Croix, US Virgin Islands Land, located in Saint Croix County , is listed under MLS listing number 35378860 and has a listing price of $3,462,500. You can find more ST CROIX homes for sale here.