Archive for Beachfront Listings

Karen

Selling And Buying Real Estate In The US Virgin Islands

Here I live in the US Virgin Islands.  What a beautiful place to be!

karen-korsgren-headshot

When I was 15 my family went on vacation to Grand Cayman.  Ever since then I have wanted to live somewhere where it is warm all the time, palms are the most abundant trees, the water is aqua, and wearing your black flip flops means you are dressed up.

Well, it took a few years for me to convince myself that I could do it, but here I am.  I moved to St Thomas in October of 2004 and I have never looked back.  I am selling St Thomas real estate, along with St. John real estate and St. Croix in one of the most beautiful areas in the world and loving it!  Now I get to help other people find their dream home.  This can be a studio condo or a multi-unit income producing home or a piece of land.

The US Virgin Islands consist of St Thomas, St John, St Croix, Water Island, and various other smaller islands and cays.  I can help find commercial space for those of you looking to start a business or I can help you purchase an established business.

Feel free to email me at islandrealestate@joimail.com if you would like to find out what real estate is available or ask me any questions.

Karen Korsgren (”Island K”)

islandrealestate@joimail.com

ph: 340-514-4730

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Karen

Vacation Ritz Carlton Style

 this could be your viewWhen you come to a beautiful island, you just want to relax and play in the sand and turquoise water.  No worries about making beds, cleaning dishes, cooking, or finding a place to eat out all the time with enough room for you and the kids. 

Welcome to the Ritz Carlton Club Suites.  At the Ritz Club Suites you have two bedrooms – in the master suite, a king size bed and in the other bedroom are two queens.  Twice a day maid service, and three meal presentations a day so you dont have to find a restaurant for every meal.  If you do find yourself with leftovers or if you feel like cooking, there is a bistro kitchen in the unit.  There is even a washer and dryer since you will be staying for two weeks at a time in the winter. 

Master bedroom

Just imagine being steps from one of the most beautiful beaches on St Thomas.  When you wake up in the morning, your view is of palm trees, white sand, and water so blue and clear you can almost make out the fish swimming in the shallows from your room.

                                       Ritz Carlton suites

 Come on down and see what the Ritz Carlton lifestyle is all about.

 

Comments (4)

Karen

Insurance in the USVI

 Yes, insurance here is expensive because of hurricanes and possible flooding from such storms as find their way in to the Atlantic. The “replacement cost” on the appraisal is what the insurance companies look at when they decide what to charge you.  The appraisal does not go by square footage alone.  Other factors are what the house is constructed of and if it has hurricane shutters and clips.  When purchasing a home, the appraisal will have this information.  It will also have the three different ways the home was valued.    With a concrete, shutterd three unit home the insurance will be over $10k/yr.  Ouch!  That breaks down to about $850/month.  That is on top of the mortgage and taxes.  The different insurance companies do have slightly different rates, so shop and compare.

The bank will require flood insurance for beachfront, waterfront, and low laying areas, or a flood certificate if your home is not in a flood zone.  If you have rental apartments, I would suggest obtaining liability insurance.   Liability insurance does not cost much extra and it is well worth it.

 

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