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Old 22-12-2007, 03:15 AM
florianvilla florianvilla is offline
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Join Date: Dec 2007
Posts: 6
Default reply to St. Thomas and St. Croix.

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Originally Posted by ********* View Post
Hello florianvilla,

I am based in the uk so the above rules would not apply to me,however you say st.thomas and st.croix are reasonably priced,what type of properties are best to invest in at these particular areas?,also what kind of prices are we looking at?.
They are reasonably priced compared to St. John. Everyone loves St. John where a nice 3 bed 3 bath villa with good access is worth 1.2 maybe a little less. For the same money you can get a real villa, like 5 beds and 5 baths on literally an estate. But it is hard to rent on St. Croix. The prices are coming down on all 3 of the U.S virgin islands but St. Croix is the one that you could name your price. St. Thomas is a more happening island however has an office max, a home depot, basically the states. The prices are dropping but not in the nice area. I just bought a villa in St. John and I payed 1.2 million and it is not hard to rent just for the mere fact that St. John is 2/3 National Forest. With the dollar weak, I would look at these 3 islands before Jost, Tortolla, and Norman.
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