Buying Virgin Islands Real Estate	Virgin Islands Real Estate Agents and Brokers
St. John and Virgin Islands Real Estate Facts

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Real Estate on St John

Real Estate on St John is unique among the Virgin Islands in that two-thirds of the island is national park land. Much of this is attributed to Laurance Rockefeller, who appreciated the beauty of St. John so much that he purchased and donated over five thousand acres to the U.S. Government. This land established the Virgin Islands National Park, preserving its natural beauty. St. John is a true gem in the Caribbean with crystal clear waters, ideal year-round temperatures, lush green mountains and gorgeous white sand beaches.

With a population of approximately 5000 residents, St. John has built a reputation as a pollution-free, low crime, friendly atmosphere.

When contemplating purchasing real estate in the Caribbean, it is very important to note that St. John, St. Thomas and St. Croix are United States Territories. This means that the island is protected under the laws of the United States and the residents enjoy all of the benefits that U.S. citizenship has to offer.

Realtors at Town & Country Real Estate are happy to aid anybody in their search for a home or land in this natural paradise. If you have any inquiries regarding purchasing a property, please complete the Request Information from St John Real Estate Agency form and a realtor will respond as soon as possible.

St. John Real Estate Agents and Brokers
Representing Town and Country Real Estate on St. John

John Ford, Broker and President of Town & Country picks coconuts from the deck of "Tranquility" Email	Lori Walden has years of experience selling real estate on the island. Looking to list your St. John property? Email or call Lori at 340-774-7962 for a current market analysis. Email Click here to check out Lori's listings	Hello from St.John. I am Marc Miller. I enjoy the experience of delivering an unmatched product, and helping others find their slice of paradise. I do bring much experience to real estate. Email
Liz Ford is happy to help you find just what you've been dreaming about.	"Hello, my name is Les Otis. My wife and I bought our St. John home several years ago. Let me help you find your St. John home or that perfect piece of land for your island dream." Email

Virgin Islands Real Estate Facts to Consider

• Windstorm and earthquake insurance are required for all home mortgage loans. The cost is approximately 2-3% of the replacement value.
• All real estate transactions require a Government transfer tax (stamp tax), usually paid for by the seller. The amounts follow:
  2% for property valued up to $350,000
  2 ½% for property valued from $350,001 to $1,000,000
  3% for property valued from $1,000,001 to $5,000,000
  3 ½% for property valued over $5,000,001
• All homes on St. John have their own cisterns and septic tanks. The size of the cistern is based on the square footage of the roof area. St. John has a desalinization plant and water is available for purchase at approximately 10 cents per gallon.
• Building costs are approximately $250 per square foot and up, depending on the finish materials.
• If you already own property on St. John, make sure you keep all records of payment for your annual property tax. Copies of these records will expedite the processing of your tax clearance letter, which should be applied for as soon as you list your property.
• Property tax is based on 60% of the appraised value and the rate is 1.25% per $1000. This is approximately $750 per $100,000.