Why work with a high-level real estate agency?
In the magical market of St Barts, where every property deal is full of charm and challenges, it is important to partner with a reputable real estate agency. Our team not only brings certified professionalism but also provides comprehensive support throughout your property journey, ensuring a safe and profitable experience for all parties involved.
Understanding agency fees
At Top Realty, transparency is our foundation. Our agency fees are competitively capped at 5% of the property’s selling price and clearly stated in the sales agreement. These fees are usually paid by the seller which makes for an easier transaction without any hidden costs.
Foreign ownership possibility
St Barts welcomes international buyers with open arms by giving them equal rights as locals when it comes to ownership. Whether you want a vacation home or permanent residence, our team can help you through the simple process of acquiring your dream property on this paradise island.
For further details on property ownership in St Barth and to explore available listings, please visit St Barth Immobilier.
Choosing between land and villas
The choice between buying land or villa in St Barts depends on what you need and how soon you need it. A villa offers instant enjoyment or rental opportunities while purchasing land allows one to create their own haven that matches their vision and style perfectly.
Financing your dream
Although most property purchases in St Barts are cash deals, there are financing options available. Our agency can link you up with reliable local and metropolitan banks that have mortgage solutions designed around your financial situation.
Mandatory inspections: What you should expect
It is the duty of sellers in St Barts to carry out necessary inspections before selling their properties. These include checking for electrical compliance, gas safety, presence of termites among others such as septic system standards.We take these inspections seriously so that you know exactly what you are investing into.
The role of notaires in your property purchase
Notaires play a crucial role in ensuring the legality and authenticity of real estate transactions in St Barts. They help with drafting preliminary sales agreements up to finalizing the deed of sale thus providing invaluable guidance throughout the buying process.
Timeline for acquiring property
A property purchase in St Barth should take between 4 to 6 months. After your offer is accepted, a preliminary sales agreement is drawn up which requires a deposit. Various administrative checks are done before signing the final deed that makes you the owner of the property.
Attending signings: Is your presence required?
If you cannot be present at key signings, it is possible to grant power of attorney to a trusted representative who will act on your behalf. Our agency can facilitate all necessary documentation and representation during closing.
Closing costs explained
Closing costs in St Barths usually range from 6% to 6.5% of the purchase price covering notaire fees and one-time local taxes. Sellers may also be liable for agency fees, inspection costs as well as applicable taxes and fees depending on their fiscal residency.
At Top Realty, we pride ourselves on walking with you through St Barth’s real estate market intricacies using our knowledge and personal touch.Whether buying or selling, we want your property decisions to be fulfilling as they are safe
