THIS IS THE OFFICIAL OBELISK INTERNATIONAL BLOG: A COLLECTION OF PRESS RELEASES, ARTICLES AND OTHER USEFUL CONTENT PROVIDED BY OBELISK INTERNATIONAL. OBELISK INTERNATIONAL PROVIDES INVESTORS WITH OPPORTUNITIES TO INVEST IN CAREFULLY SELECTED REAL ESTATE PROJECTS FROM AROUND THE WORLD.

Thursday, November 06, 2008

St Lucia: Cheaper than You Think

When many people think of the Caribbean, the word “expensive” often comes to mind. After all, it has been a holiday hotspot for almost as long as people have jetted away to enjoy a little time in the sun. However, there are still some corners of the Caribbean that offer excellent value for the money and St. Lucia is one of them.

A small island, measuring roughly 35km by 18km, St. Lucia is a land of exceptional beauty with high hills, rainforests and twin volcanic peaks. St. Lucia also boasts 160km of some of the most evocatively beautiful coastline in the Caribbean, an important asset for both holidaymakers and international investors alike.

James Gonzalez, Market Analyst at Obelisk, sees St Lucia as one of the lesser known Caribbean islands where bargains can still be found, although not for long. “The island is tiny, only roughly 630 square kilometres in area. At the moment prices are roughly half of those in neighbouring Barbados. However, the amount of new construction is so limited that as more people begin to view St Lucia as a possible investment location, prices are surely to rise.”

The island is also a member of the Commonwealth. English is its official language and there are numerous direct flights from the UK by both British Airways and Virgin Atlantic to St. Lucia’s two international airports. These ties make St Lucia even more attractive for the British buyer because although the island’s culture remains exotic and different, there is also a certain familiarity that reminds the British holidaymakers of home.

St Lucia offers a wide variety of holiday properties with the most popular being hillside villas, golf developments and waterfront homes. Generally, they are priced a well below comparable properties in many other Caribbean islands including the Bahamas, Martinique, Bermuda and Barbados. Buyers are strongly advised to make sure any purchase they make is hurricane proof, as in many of the Caribbean islands.

For more information on overseas property investment and to find out about Obelisk's latest projects, contact Obelisk free on 0808 160 0670 (UK) or 1800 932 514 (IRE).

Email: info@obeliskinternational.com or visit our website: http://www.obeliskinternational.com.

For press enquires, please contact Obelisk’s marketing department on (+34) 952 820 319 or email press@obeliskinternational.com.

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