New development-19 villas?
- Thread starter andynap
- Start date
Is there a zoning plan in effect . . . with green zones & other prescribed areas? It's one of those things that seems to have gone back-&-forth for years. A plan approved . . . then found by a court somewhere to be invalid . . . a new plan proposed . . . etc.. I don't recall reading that a plan has been finally approved. If so, maybe someone can post information about it.
JEK
Senior Insider
ray1:
le_reve
Senior Insider
Yes, this is true. The locals have been priced out of reasonable homes for years. This seems to be one way to help with this issue.
Does it amaze anyone else that a price under 2 million Euros is "housing for locals?"
JEK
Senior Insider
amyb
Senior Insider
Dennis..Phil asked that very question. Where there’s a will there’s a way.
This project may keep more families together without their kids fleeing the island for affordable homes in far off places.
I stumbled on that sentence too! I can't imagine the struggle this is causing as I have often wondered how many of the local people afford housing and on the other hand I am saddened by watching the island continually take green space. As a visitor every 5 years or so, it is always shocking to me the growth that takes place between each visit.
There was a Levittown in PA too, built by same company, town name eventually changed. When I worked on St Croix in 68 for a year, he had his yacht with baby grand at the dock by the hotel where I worked. The yacht was painted blue, don't remember the name.
17.9000° N 62.8333° W
SBH Insider
On a side note regarding the price of a villa, a 2017 Christie's report on real estate around the world placed St. Barths number two for the average starting price for a luxury home. I am unable to copy and paste the report. Number one was Monaco at 10 million USD, St. Barths 8 million USD. And we know prices have not dropped.
Monaco
St. Barths
Zurich
London
Cannes
Telluride Colorado
Hong Kong
Palm Beach Floida
Honolulu
Paris
Vancouver
Sao Paulo
Tokyo
Buenos Aires
Monaco
St. Barths
Zurich
London
Cannes
Telluride Colorado
Hong Kong
Palm Beach Floida
Honolulu
Paris
Vancouver
Sao Paulo
Tokyo
Buenos Aires
This is worth repeating -- in 2017, Christie's said that the average starting price for a luxury home on St. Barths was $8MM (US)! About $8.5MM today. The statistic cries out for a definition of "luxury."
