Island Living Magazine April 2012

SPRING 2012

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Island LivingCaribbean Real Estate

Tana Bay · Waterfront · More Info On Page 5

Listed by: Barbara Birt Call 690-9995 for details

Now Serving: St. Thomas

St. Croix Water Island

St. John Tortola

Puerto RicoCulebra

Free foreclosure list! See inside for details.

CALL US TOLL FREE: 1-855-770-5277

When it comes to a mortgage, everyone’s needs are a little different. What works for one person, may not work for another. That’s why we take time to understand your financial needs and match you with a mortgage that is right for you.

For a personal consultation, contact us at:St. Thomas / St. John: 340-774-2646St. Croix: 340-712-3714or visit www.usvi.scotiabank.com

Discover what’s possible

ST. THOMAS, USVIOffice: 340.774.5277

Kerstin McConnell - Owner/Broker 340.998.5737

Nick Van Assche - Owner/Agent340.998.7023

Mike Lampe - Broker Associate 340.244.7565

Barbara Birt - Sales Agent340.690.9995

Julie Eaton-Bryan - Sales Agent340.998.4733

Dayle Barry - Sales Agent340.643.2559

Natasha Leinenbach - Sales Agent340.690.6438

Alexandra Laing - Sales Agent340.513.7259

Texx Richardson - Sales Agent340.771.1539

Jeff Saplis - Sales Agent340.998.2997

Stefan Welch - Rental Specialist425.280.6063

ST. JOHN, USVIChris Lampe - Sales Agent 340.998.8364

Meet Our TeamST. CROIX, USVIOffice: 340.772.5277

Kurt Walcott - Owner/ Broker 340.690.5511

Sherleen Illidge - Sales Agent340.773-4527

Sandra Bastain-Carty - Sales Agent 340.642.0012

Nathania Bates - Sales Agent 340.642.4682

Neil Canton - Sales Agent 340.513.4331

Khnuma Simmonds - Sales Agent 340.514.8008

Toya Plunkett-Jacobs 340.642.3840

PUERTO RICOMichael Redondo - Broker 787.413.0414

BRITISH VIRGIN ISLANDSEstelle Cousin - Sales Representative 284.494.0101

Online:SeaGlassProperties.com

Mobile:SeaGlass.vi

4 | Luxury

Colorful Caribbean gardens surround Villa Sea Star, a luxury wa-terfront retreat located on East St. Thomas’ Cabrita Point. Access via an electronic gate to this elegant residence built on two levels en-sures complete privacy. Just 24 feet from the villa, a sand and coral beach provides breathtaking views of Great Bay, Great St. James Is-land, St. John and the Ritz Carlton. Sea Star features 5 spacious bed-rooms and 5.5 bathrooms for up to 14 guests. The excellent rental his-tory has not missed a beat during the economic downturn. To schedule a private showing contact Kerstin today at 998-5737. Asking $2,495,000.

Waterfront - 5 Bed - 5.5 BathVilla Sea Star

ST. THOMAS: Luxury Beachfront Compound: Two buildings of four stunning residences form this gated, waterfront compound, with fortress-like construction. No expenses spared- luxury finishes, high-end appliances, elegant pool with kitchen and full cabana bath. Huge auto-generator. World-class snorkeling. $5,500,000.

Waterfront Homes

ST. THOMAS: Located in prestigeous Peter-borg, Serendipity is a rambling waterfront com-pound with three, 2-story pavilions. Ocean views from 7 en-suite bedrooms. Lush foliage trims a spacious courtyard pool and grill area. Kitchen Aid appliances, granite and stone finishes, auto generator, comprehensive security system, good parking. A large office could convert into a studio apt. GREAT rental history. $2,695,000.

ST. THOMAS: Iconic property at the tip of prestigious Pelican Point. Main house and cot-tage on 1.18 acres with 210’ of water frontage. A short stroll takes you to the white sands and turquoise waters of Pelican Beach and Sap-phire Beach. Unobstructed views of St. John and the islands beyond. Possibility of mooring your boat. This property is truly unusual in its ideal location and flat topography. $2,100,000.

Sea Glass Properties | 340-774-5277 | SeaGlass.vi

ST. CROIX: Oceanfront investment w/ vaca-tion rental history. Features 3 bedroom suites, cathedral ceilings & panoramic sea view. This is ultimate in private retreat, Gated, re-verse osmosis, well & generator. $10,000 redecorating allowance. Asking $675,000

One of St. Thomas’s most prestigious proper-ties, this Flaghill estate is steeped in island history. Home to three former governors, this 5 bedroom compound features Italian marble throughout, spectacular harbor views, a huge pool and entertainment patio as well as elegant furnishings which convey. Fully fenced, 35 KW auto generator, gatehouse and plentiful parking. $3,900,000 Call Mike 340-244-7565

Luxury Homes

ST. THOMAS: Etoile de Mer is a French-Carib-bean inspired luxury villa with 4 private suites + an office & a caretaker’s apartment. Located in prestigious Estate Peterborg, this villa features custom mahogany woodwork, designer mosaic tile, stone and glass vessels, Murano glass light-ing, Old Chicago bricking, Italian travertine floors, Bose indoor/outdoor surround sound. Owner/Agent. $3,800,000 Julie 340-998-4733

ST. THOMAS: Custom built villa featuring four master suites with private decks, gour-met kitchen, old world stonework, Brazilian hardwoods, infinity pool, jacuzzi. Huge enter-tainment area with wet bar. 180 degree unre-stricted down-island view. High income short term rental. Landscaping & villa are pristine. Asking $3,650,000. Call Mike 340-244-7565

TORTOLA: Private 4 bedroom, 3 bathroom villa situated above Little Bay is arranged over two levels with a light and spacious feel to it throughout. Glass doors open on to a large cov-ered terrace which leads to a swimming pool with covered bar area. There are balconies stretching the length of both floors to take ad-vantage of the fabulous views. Automatic gen-erator. $2,000,000 Call Estelle 284-494-0101


CONDADO, SAN JUAN: High End Condo. Only two apartments per floor. This unit has 3 bedrooms, 2.5 bathrooms, beautiful dinner area, lovely kitchen, balcony, many storage closet, family area and TV room. The unit has great finishes as marble floors, granite counter tops, shutters in all of the windows and custom built furniture. This unit has 4 parking spaces and gym area. $1,550,000 Call Michael 787-413-0414

Luxury Condos

CONDADO, SAN JUAN: Gorgeous 3 bed-room, 2 bathroom oceanfront condo located in the heart of Condado. With over 1,500 square feet this condo features 2 parking spac-es, a 24 hour guard, onsite gym, heated pool, and spacious meeting area. Walk to restau-rants, hospital, casinos, shopping, and more. Reduced to $775,000 Michael 787-413-0414

ST. THOMAS: This waterfront four-bedroom, two-story villa features a corian and stainless kitchen and a private seaside pool. Beauti-ful furnishings and a gorgeous view of Caret Bay wrapped in a tranquil, soothing setting - perfect for year-round living, or as a vaca-tion home. Auto generator. Great rental his-tory. BEST PRICED villa in the complex. Asking $629,000. Call Natasha 690-6438

ST. THOMAS: Harbor views, pool, tennis, gated entrance, central air and fabulous floor plan make this townhome a must-buy. Two stories of elegance, featuring marble floors, granite kitchen and baths, a generator and ac-cordian shutters. Just minutes from town, or go over the hill and spend the afternoon at Ma-gens Bay. Life as it should be on St. Thomas! DOGS ALLOWED! Reduced to $625,000.


ST. THOMAS: Old world St. Thomian splen-dor awaits the buyer of this gated, hilltop retreat. Shimmering harbor views by day; a vast light show by night. This rambling estate features spa-cious common rooms and five bedrooms, as well as two apartments and a caretaker’s residence, making it a perfect family compound or corpo-rate retreat. Huge pool and deck. Garage and plenty of parking. Central location. $1,295,000

Luxury Homes

ST. THOMAS: Watch the surfers from your pool deck! This waterfront property is situated on Hull Bay, which is one of the top surfing destinations on the island. Seller is motivated to sell this gorgeous 4 bedroom, 2.5 bathroom house. Solid masonry with tons of view, large floor plan, mahogany shutters and more! 150+ of shoreline. Make an offer. Asking $1,200,000

ST. THOMAS: Perched on top of the moun-tain offering complete privacy and sweep-ing vistas. Elegance with a European flare. Enjoy 200 year old stained glass in stone foyer entrance. All doors are Mahogany with Baldwin hardware. Commercial grade floor-ing in chef’s kitchen. 7,800 Italian tiles in the pool. Tongue & Groove ceiling on covered gallery. Lots of storage.Asking $999,000.

ST. THOMAS: Meticulous 3/2 home which features an en-suite guestroom downstairs and a New England-style bungalow, perfect for an artist’s studio or office. Gorgeous BVI views and tropical elegance. Boasts concrete construction, central AC, corian & stone coun-ters, gated security, privacy, a pool-patio enter-tainment area, parking & a hillside yard with lovely outcroppings. Reduced to $829,000


ST. JOHN: This 2-level, 4-bedroom/4bath masonry villa with pool and hot tub has a full gourmet kitchen on each level, offering the op-tion of two separate rental units for maximum rental income. Beautifully furnished, a/c, trav-ertine marble floors, granite counter tops, in-door/outdoor dining, spacious decks and lush tropical landscaping are just some of the many features that make this villa special $1,600,000

Luxury Homes

ST. THOMAS: Prestigious gated Sydney’s Fancy on the Peterborg Peninsula. No steps and no steep driveway at this gorgeous 3 bedroom house with private pool and fabu-lous area for entertaining. Seller is very mo-tivated! Bring all offers!!! Asking $795,000

WATER ISLAND: Cooling southeast trade winds and expansive unobstructed south east ocean views from a 30’ long Spanish tiled gallery await you at this beautiful 1.1 acre private prop-erty located in a quiet, and friendly neighbor-hood on a tranquil small island. Large gourmet kitchen. Large master suite. Solar water heater. Carefully maintained home and gardens. No as-sociation fees. Lot can be subdivided. $739,000.

PUERTO RICO: Great Opportunity for boat-ers and anglers. House for sale with private dock in the backyard. This one level home have 1,300 SQM of lot and consists of 4 bedrooms and 2.5 bathrooms. This home is located in the only com-munity in the metro area that has private docks. It’s a dream for the inshore anglers and offshore anglers. $695,000 Call Michael 787-413-0414


Land for SaleSt. ThomasSmith Bay 3.31 Kerstin $3,400,000 Smith Bay .80 Kerstin $650,000Peterborg- Waterfront .64 Kerstin Reduced to $585,000Fortuna 5.40 Kerstin Reduced to $549,000Magens Bay -Waterfront 1.14 Chris $500,000Smith Bay .78 Kerstin $500,000Lerkenlund .46 Chris $250,000Lerkenlund .68 Julie $199,000Bakkeroe .51 Mike $195,000 Nazareth .47 Chris $189,000Tabor & Harmony 1.00 Mike $180,000Bakkeroe .51 Mike $175,000 St. Peter .41 Chris $170,000Mandahl .89 Julie $168,000Bakkeroe .51 Mike $155,000Nazareth .55 Chris $145,000Misgunst .85 Julie $137,000Misgunst .63 Julie $131,000Misgunst .68 Julie $128,000Caret Bay .50 Kerstin $125,000Frenchman’s Bay .63 Kerstin $115,000St. Peter .50 Kerstin $110,000Wintberg .24 Chris $95,000Agnes Fancy .31 Chris $85,000Langmath .37 Barbara $60,000Langmath .35 Barbara $58,000Wintberg .25 Dayle $55,000Langmath .33 Barbara $55,000

St. John Carolina .41 Dayle $112,000Cruz Bay .12 Texx Richardson $170,000

St. CroixGrove Place .29 Kurt $25,000Whim .25 Kurt $27,500 Enfield Green .57 Texx Richardson $39,000Mary’s Fancy .44 Kurt $45,000Mary’s Fancy .48 Kurt $45,500Mary’s Fancy .49 Kurt $45,500Morning Star .74 Texx Richardson $57,000Marienhoj .63 Toni $80,000Seven Hills EA .57 Kurt $85,000 Grapetree Bay .64 Kurt $158,300Whim 2.81 Kurt $250,000

St. Croix340-772-5277

St. Thomas | St. John340-774-5277

BUY A SLICE OF PARADISE!

ST. THOMAS: Nearly unlimited develop-ment opportunities on almost seven acres of prime R-3 zoned property with 1800 ft of beach and ocean views and only a few short steps to Morningstar Beach. Perfect for a boutique ho-tel, upscale condos or both. A seven unit apart-ment building and 3500 sf warehouse will gen-erate respectable cash flow while you plan and permit. Possible owner financing. $6,400,000

Development Land

The Dolphin Cove property, which is lo-cated just west of the Secret Harbor Beach Resort, is the most unique of them all. 19 acres with 2000+ feet of shoreline is the largest undeveloped waterfront property on the de-sirable east end of St. Thomas. Two beaches, panoramic views and gentle grade throughout are the icing on the cake. Reduced to $3,900,000

ST. THOMAS: This property consists of 6 lots; 3 oceanfront lots, and 3 lots are up and share lot lines with the lower property Fea-tures include gated entry, paved road, and underground utilities. Ready to Build! The cove in front of property has the best snorkel-ing & is an easy swim to Secret Harbor. Pos-sible owner financing. Asking $2,500,000

ST. THOMAS: Perfect for a subdivision or private estate, this property of 15.69 acres with beach access is located in Estate Tabor & Harmo-ny. Zoning on the property allows for 2 units per acre up to 26 units. This parcel is a must see. Pos-sible owner financing. Reduced to $1,600,000.


Commercial

SELLER WILL FINANCE 50% Waterfront location in downtown overlooking harbor. 16 y.o. res-taurant, bar, jazz club. Air con-ditioned. Reduced to $385,000

PUERTO RICO: Medical tour-ism project for sale. This land con-sists of 160 acres and with permits to build the biggest medical facilities in the Caribbean. Asking $20,000,000

CAR RENTAL BUSINESS: Great opportunity to own a profitable car rental business in the Carib-bean. Owner financing possible. SERIOUS INQUIRIES ONLY.

Investment OpportunityThese 12 apartments have absolutely beau-tiful 270 degree views. Rented monthly, lo-cated within walking distance to Marriott. Building & units in top shape; separate water & electric meters, city services. Fully fur-nished. Security cameras throughout. Excel-lent rental history. Priced to sell at $1,800,000

Hotel OpportunityHistoric 5 buildings completely remod-eled in last 2 yr. Huge view deck overlook-ing Harbor. Short walk to town. Turn-key Hotel, conveniently located on Frenchman Hill. Rooms vary from small with queen beds to new penthouse. $700,000 price re-duction. Serious inquiries only. $1,600,000

FEATURED LISTINGS

ST. CROIX: You can’t replace this centrally located 10,000 square foot building. Move-in ready. Call today to schedule a showing. Asking $2,200,000

ST. CROIX: High traffic loca-tion on the corner of two busy main streets in Fredricksted is 1,372 sq. ft. of prime commercial retail or office space. Zoned B-1 with A/C $295,000

8 bed, 6 bath w/ wonderful wa-ter views. Multi-unit solid ma-sonry with hurricane shutters and off street parking. Seller is very motivated!! Reduced to $475,000


For Lease

For Lease | 13

Caret Bay 3 Bedroom 2.5 Bath

$2,500 Month

Tortola 4 Bedrooms 3 Bath

$7,500 Month

St. Thomas 4 Bedroom w/ Private Pool

$4,650 Month

Puerto Rico 2 Bedroom Bachelor Pad

$3,500 Month

Puerto Rico 5 Bedroom 3.5 Bath Home

$2,750 Month

Waterfront 2 Bedroom, 2 Bath Villa

$4,000 Month

Watergate Studio w/ Upgraded Bathroom

$1,200 Month

Mahogany Run 2 Bedroom, 2 Bath Condo

$2,400 Month

Tortola 3 Bedrooms 2 Bath

$2,800 Month

St. Peter 3 Bedroom 2 Bath

$2,500 Month

ST. CROIX: 2,400+/- sqft of store front property offers incred-ible business potential. Directly across from the tourist drop-off point. Asking $4,000 month

ST. THOMAS: 3,250 square feet of waterfront high end office space. 10 offices, reception area, 2 bath-rooms, 60KW generator, security in-cluding cameras. $6,488.28 month


14 | Luxury

NOW AVAILABLE: Villa Del Mar is one of the finest properties in the Virgin Islands. Four master suites with private decks, gourmet kitch-en, old world stonework, Brazilian hardwoods, infinity pool, jacuzzi. Mahogany Run gate & on site gate provide complete privacy. Huge entertainment area with wet bar. 180 degree unrestricted down is-land view. High income short term rental. Landscaping & villa are pris-tine. Call us today to schedule a private showing. Asking $3,650,000.

Luxury Awaits - 4 Bed - 4.5 BathMahogany Run

15

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16 | Homes

SHORT SALE: 5 bedroom house with 3 bedrooms downstairs that can either be part of the whole house or used as a 3 bedroom apart-ment. $625,000. Kerstin 998-5737.

ST. THOMAS: Turn your spa-cious home it into a 3-bed, 3-bath or keep the connecting door secure and enjoy rental income in your 2/2 home. Asking $399,000

ST. THOMAS: 3 bedroom, 3 bathroom with a one bed apt & a cottage. Pool, 4,300 square feet and spacious decks. Ask-ing $699,000. Owner Motivated.

ST. THOMAS: Three bedroom villa w/ short term rental unit.Two hot tubs, gorgeous pool, featuring cabana bath and deck. Turn-key. Reduced to $679,000.

Homes for Sale

ST. THOMAS: Solid 3 bedroom 2 bath masonry home on Vessup Lane. Property also has two one bedroom rental units. Walk to beach and Red Hook. Asking $650,000.

ST. THOMAS: This elegant 4 bedroom family home is fully outfitted with high-end finishings and sits on a flat peice of property overlooking Caret Bay. $569,000.

PUERTO RICO: 2 bedrooms, 3 bathrooms, and one studio that can be used as another room or it can be rented. It’s in excel-lent condition. Asking $450,000

ST. CROIX: Nice 3 bedroom, 4 bathroom large family home with lots of amenities. Large gazebo for family functions and entertaining. Asking $475,000

ST. CROIX: Newly built 3 bed, 2 bath house. Equipped with secu-rity alarm system. Large bedrooms, beautiful counter top kitchen and nice living-room. $295,000

ST. THOMAS: Income producing 3 bedroom 3 bath masonry Flag Hill home w/ 2 rental units, harbor views, lush landscaping Reduced to $524,000.

ST. THOMAS: Beautiful 3 bed, 2 bath with an apartment. Traver-tine tiles, PGT hurricane resistant windows, new bathroom cabinets and tiles. Owner/Agent $484,000.

ST. THOMAS: Peterborg awaits you from this charming 2 bedroom 2 bathroom masonry home. Prop-erty also has a spacious 1 bed 1 bath apartment. Asking $575,000.



ST. CROIX: Nice 5 bedroom, 4 bath house close to Chris-tiansted with beautiful sea and Altona Lagoon view. House needs some TLC. Asking $235,000

ST. CROIX: Nice 3 bedroom, 2 bathroom family home on .51 acres located near to shop-ping areas and town. Owner’s financing available. $195,000

ST. CROIX: Great investment apartments currently produce over $2,000 per month income. 3 units in one building and 1 separate house. Asking $275,000

ST. CROIX: Large 2 bed-room 2 bathroom house on 1/2 acre lot. Nice large living room and porch. House is be-ing sold ‘’as is’’ Asking $225,000

ST. THOMAS: 2 bedroom w/ apartment. Starter home and sepa-rate lot for additional building when you’re ready, or buy either. Owner flexible. Reduced to $285,000.

Homes for Sale

ST. CROIX - 2 bedroom 1 bath is a nice starter home. Property is fenced with mature fruit trees and a generous yard area. Need some TLC. Asking $115,000

ST. CROIX: Large 2 bed-room 2 bathroom located on 1/2 lot. Large living room and porch. Needs to be painted. Sold ‘’as is’’ Reduced to $172,500.

ST. CROIX: Excellent opportunity to restore a beautiful 3 bedroom, 1 bath home in need of repair at an affordable price. Reduced to $89,500

ST. CROIX: This chain link fenced 3 bed, 1 bath home sits on almost a quarter of an acre. Per-fect starter home or investment property. Reduced to $142,500.

Did you know that Sea Glass Properties was voted “Best Real Estate Agency 2010 & 2011” by the Virgin Islands Daily News?

Receive Our Free Foreclosure List:Email: [email protected]

All rights reserved. Island Living Magazine is a quarterly publication distributed throughout the US Virgin Islands. This magazine is not meant to solicit business from people who already have representation from another agency. Equal Housing Opportunity. REALTOR.

Island Living Magazine

UNDER CONTRACT

THE ANCHORAGE: This waterfront 2 bedroom 2nd floor end unit is in the building closest to the beach. Sandy beach, tennis courts, and pool. Asking $429,000.

MARINA VISTA: Amazing views from this 1 bed/1bath unit located above Red Hook. Low condo dues and a pool on prop-erty make this a steal a $225,000.

REGATTA POINT: 2 bed/ 2 bath. Kitchen and living room recently renovated including painting, new tile, new cabi-nets and more. Asking $258,000.

Price Reduced! 2 bed, 2 bath recently remodeled including a brand new kitchen. Located within St. Thomas’ premiere golf community Reduced to $275,000.

PRICE REDUCED! 2 bed, 3 bath Walk to the Ritz Carlton & STT Yacht Club. Restaurants, pool, Jacuzzi, water sports, gym/spa & tennis courts. Reduced to $349,000

MAHOGANY RUN: Beau-tifully renovated 2 bedroom, 2 bath end unit. Furnished. Watch the whales pass by! Was $465,000. Reduced to $399,000.

COWPET WEST: 3 bed, 3 bath upgraded unit with full built-out kitchen, granite counter tops, high end appliances. Unit completely turn key. $593,000

COWPET BEACH RESORT: 2 bed, 3 bath.Totally remodeled and steps from the beach. A beauti-ful place to call home. Call today to schedule a showing $412,000.

Condos for Sale

PUERTO RICO: 3 bed, 2 bath, approximately 2,000 sqft of liv-ing space. air conditioned, electric gate, and more. Unit faces the beach and the view is fantastic. $525,000

18 | Condos

RED HOOK: Nicest unit on the market! Cute one bedroom, one bathroom located above Red hook. Auto generator. Asking $179,500. Call Chris 998-8364

SAPPHIRE VILLAGE: One of a kind, 2 bed/2 bath unit remod-eled with high end appliances and finishes. View of St. John, BVI and cays. Asking $359,500.

CULEBRA, PUERTO RICO:1 bed, 1 bath oceanfront studios! Located minutes from Flamenco beach. Steps from the pool. Prices starting at $230,000.

Puerto Rico


Sea Glass Properties | 340-774-5277 | SeaGlass.vi Condos | 19

MILL HARBOUR: Nice 2 bedroom 2 bathroom water-front unit. Oceanfront complex and onsite pool. Sold “As-Is” Owner is motivated. $79,833

EAST END: One bedroom condo at Cabrita Point! Sit on your deck and watch the boats come and go from this water-front condo. Asking $155,000

REGATTA POINT: Make this one bed/ two bath your new home. Gated, two pools, plenty of park-ing.. Listen to the waves! Walk to Beach! Reduced to $138,000

Sapphire Marina Slip: Deeded 65 foot marina slip with a 17’8’’ width. Located at Sapphire Resort & Ma-rina. Slip N-6 has a larger width than most of the other slips. $79,500

CABRITA: Waterfront, clean, and cute top floor unit with views east to west. Unit has been remodeled and shows well. Nicest unit on market at Cabrita. Asking $179,000

HAWK HILL: Well main-tained 1 bed, 1 bath w/ ocean views. Bathroom recently renovated. Low fees. Owner financing available. $136,000.

RED HOOK: RED HOOK: INVESTORS LOOK! Location, location, location! 5 Condos at Red Hook Mountain. Low condo fees. Generator. Starting at $134,900

SAPPHIRE VILLAGE: Top floor studio in desirable St. Kitts. Excellent views. Remod-eled kitchen, new tile. Won’t last long! Reduced to $115,000.

Condos for Sale

WATERGATE: Reduced $20,000! This renovated spacious studio con-do is adjacent to Bolongo Beach. Balcony hangs over the Caribbean Sea. Good rental history! $179,000

Lowest priced in Bay Gardens and offers 24-hour security, low con-do fees, amenities This cozy unit is full of character and ready for a new owner! Asking $78,500.

ROYAL PRINCESS: Huge price reduction on this lovely 2 bedroom 1 bathroom. If you are looking for low maintainence this is it! Call today for a showing! $129,500.

St. Croix

GOOD HOPE: Cute and cozy 2 bed-room, one bath w/ refurbished kitchen and bathroom! Amenities include pool, basketball court, tennis court, & playground. Asking $91,900.

St. Croix

Boat SlipSt. Croix

St. Croix


Directory of Advertisers

Attorneys

Goldman Law Offices........................715-5162www.GoldmanLawVi.com

Dudley, Topper, Feuerzeig, LLP.......774-4422www.DTFLAW.com

Architect/Builder

Blue Fin Home Builders.....................513-1824www.BFHVI.com

Home Inspection

Blue C Home Inspection....................998-1248Give Keith a call today!

Insurance

Executive Insurance Services............715-5162www.eisvi.com

Great Lakes Insurance VI.................774-543356 Estate Frydenhoj, Suite 26St. Thomas, USVI 00802-5741

MortgageJeff Chervenak CMPS...........800-894-9568 x1www.viHomeLoans.com

First Liberty........................................774-1101www.FirstLibertyVi.com

ScotiaBank...........................................774-2646 www.USVI.ScotiaBank.com

Short Term RentalsSt. John Ultimate Villas.....................776-4703www.StJohnUltimateVillas.com

seaglassproperties.com

Visit our new website, seaglassproperties.com which recently launched and allows you to search all available real estate in the US Virgin Islands.

Did you know that Sea Glass Properties was voted “Best Real Estate Agency 2010 & 2011” by the Virgin Islands Daily News!

Whether you’re looking to make a change in your primary residence to looking to purchase a secondary home in paradise our team can help. Let us know how we can assist you in your search.

To advertise in our next issue of HomesVi Magazine please call us at 774-5277.

All rights reserved. Island Living Magazine is a quarterly publica-tion distributed throughout the US Virgin Islands. This magazine is not meant to solicit business from people who already have repre-sentation from another agency. Equal Housing Opportunity.

Island obstacles: Lifestyle solutions.

St. Thomas · St. John · St. Croix · Water IslandPuerto Rico · Culebra · Vieques

Tortola · Virgin Gorda · Peter Island · Anegada

Islands and Lifestyles go hand-in-hand. From the Tax Benefits to the beautiful beaches and everything in between, I can show you what seperates one island from the next.

My goal is to provide professional residential and commercial real estate service to the most affluent customers, focusing on properties in the upper level marketplace.

~ Nick Van Assche 340.998.7023

phone 340.998.7023 | fax [email protected]

Homeowner’s Insurance: The Basics

Let’s face facts; no one enjoys buying insurance, even insurance agents! However, owning a home in the Caribbean is most likely the largest single investment you’ll ever make. People buy insur-ance to protect their families from financial loss that would destroy their budget & permanently alter their way of life. Approaching insurance with an open & curious mind can help you save money, avoid heartache & buy you piece of mind. That may sound overly dramatic, but talk to anyone that’s lost their home & found out after the fact that they were under-insured & they’ll tell you it’s a frightening place to be.

Here are some helpful tips to help guide you in purchasing homeowners insurance:

Understanding Your Homeowners Policy

Regardless of what you and your agent choose you still need to read your policy and your renewal declarations carefully. Don’t wait until after a loss to realize that you didn’t have the proper cover-age. Understand that your insurance policy is a contract & you need to know what’s in it.

Insure your home for the proper amount

Insure for the amount it would cost to rebuild your home if it were completely destroyed. Un-derstand the difference between Market Value and Replacement Cost Value. Market value is the amount a buyer would pay for a home, including the land, regardless of how much it would cost to rebuild the home. Replacement cost for this purpose is the rebuilding cost necessary to repair or replace the entire home. Your appraisal can be a valuable resource in calculating the replacement cost value of your home. Always insure your home for its full replacement cost value.

Policy Maintenance

Your agent can help you find the best homeowners insurance limit to rebuild your home. You will need to update that limit periodically to maintain a limit that reflects current construction costs. It’s always a good idea to sit down with your agent & review your policy on an annual basis as values & circumstances can change.

Look for More than Just Cheap Home Owners Insurance

When shopping for a homeowners insurance policy you may not end up with the best coverage if you only shop by comparing prices and not by comparing coverage. As mentioned earlier, your home is potentially the largest investment you’ll make. Look for policies that offer the broadest coverage. Saving money by buying a cheap policy can cost you $1,000’s later on. Give me a call today, you won’t be disappointed! Mark Braddell, Owner56 ESTATE FRYDENHOJ, SUITE 26ST. THOMAS, USVI 00802-5741

340-774-5433Property | Casualty | Life | Disability

SPONSORED BY: GREAT LAKES INSURANCE VIFor a Property Insurance Quote Call: 340-774-5433

Blue Fin Homebuilders, LLC is a family owned and operated design and build company that provides general contracting, construction management, architectural and millwork services -- Commercial and Residential. Whether it's construction from the ground up or simply a remodel to your existing structure, Blue Fin has the knowledge and expertise to get the job done on time and within budget parameters. We partner with our clients during the design phase to ensure the highest quality result.

Todd W. WilsonOwner, General Contractor

Robert D. DiericksA.I.A. Architect

License# 1-1356-2B

Blue Fin Home Builders

6501 Red Hook Plaza, Suite 201Saint Thomas, V.I. 00802

Phone: 340-513-1824Email: [email protected]

To Learn More About Our Company Visit: www.BFHVI.com

Call Blue Fin Home Today to Discuss Your Design-Build Needs:

340-513-1824

MLO#103503 MLO#22863

Founded 1989 Virgin Islands Mortgage Broker VI-MBC-2624

Are you ready to call paradise home?

Jeff Chervenak CMPS NMLS 33442

800-894-9568 x1

or visit

www.viHomeLoans.com

23 years in the mortgage business

Helping people finance and achieve their goals. Call now to discuss your scenario and be prequalified.

GGoldman Law Offices, Inc

Real Property and Estate Planning

Leigh F. Goldman, Esq.Attorney

3562 Honduras, Suite 9P.O. Box 303250

St. Thomas Virgin Islands 00803

Phone: (340) 715-5162 | Cell: (340) 344-9565 | Facsimile: (340) 715-5163 [email protected] | www.Goldmanlawvi.com

The US Virgin Islands are a wonderful place to live, however, year round sunshine, constant humidity, and salt permeated air can be tough on residences.

The main purpose of a home inspection is, of course, to identify structural deficiencies and safety hazards. A licensed professional should be brought in for further evaluation and recommendations for these issues. Findings may effect the sales transaction.

With that said, no property is perfect. A Home Inspection is also a great opportunity for the inspector to help the buyers to educate themselves about the property. Deferred maintenance, improper installations, appliances that may need replacing in the near future, old repairs that need to be monitored… are just a few of the items that the inspector will point out.

We strongly recommend, when possible, that the buyers be present at the inspection.

We have over 20 years experience in Construction, Property Management, and Property Maintenance. Our goal is to provide a detailed overview of the property that will be of benefit not only during the sales process, but for years to come.

I look forward to working with you.

- Keith Snell, Licensed Home Inspector

Schedule an Appointment Online: www.BLUEC.vi

HOME INSPECTIONCall 340.998.1248

St. John

Ultimate Villas Short Term Luxury Villa Rentals

- 340 776 4703 -

Casa de Sonadores 4 Bedroom Villa w/ Large Pool

Call for Pricing!

Caribe Villa 5 Bedroom VillaCall for Pricing!

Villa La’Susa 5 Bedroom VillaCall for Pricing!

Kalorama 5 Bedroom Villa w/ Large Pool

Call for Pricing!

Bordeaux Mt House 4+ Bedroom Villa w/ Pool

Call for Pricing!

Ocean Palm Villa 6 Bedrooms - 2 Pools

Call for Pricing!

Infinity 4 Bedroom Villa w/ Large Pool

Call for Pricing!

Rapture 4 Bedroom Villa w/ Pool

Call for Pricing!

C’est Bleu 5 Bedroom Villa w/ Large Pool

Call for Pricing!

For the Ultimate in Luxury Villa Rentals visit:www.StJohnUltimateVillas.com

SeaGlassProperties.com

Etoile de Mer$3,800,000

Julie: 998-4733

ISLAND LIFE BEGINS HERE

Finding the perfect home is only a small part of the process. Living in the Caribbean is all about lifestyle. Learn more about island living and access over 2,500 properties at one of the top real estate websites in the Caribbean:

www.SeaGlassProperties.com

Call Mike Lampe 340-244-7565Visit www.SeaGlass.vi

The Dolphin Cove property, which is located just west of the Secret Harbor Beach Resort, is the most unique of them all. Finding a waterfront 1 acre lot in this area is challenging but finding 19 acres with 2000+ feet of shoreline is unheard of. This is the largest undeveloped waterfront property on the desirable East End of St. Thomas and also one of the largest undeveloped waterfront properties on the island. Two beaches, panoramic views and gentle grade throughout are the icing on the cake. Call Mike today to schedule a private showing. Originally priced at $9,500,00 this property is a steal at $3,900,000

Huge Price Reduction!

Island Living Magazine April 2012

Documents

Transcript of Island Living Magazine April 2012