Property For Sale

Home - Information Chart - Charter Boats

St John Virgin Islands
Property For Sale

340realestateco@gmail.com
340-643-6068 | 340-779-4478 

340 Real Estate Company

340 Real Estate Company is offering Property for Sale on St John in the USVI. Licensed US Virgin Islands Real Estate Broker and Owner of 340 Real Estate Company, Tammy Donnelly, has been living on St John since 1978. Tammy has served on the St John Board of Realtors for seven years; two terms as President, a Board member of the Fish Bay Owners Association, and supports many other community service organizations. For more information on Tammy Donnelly check out featuredagentmagazine.com.

St. John US Virgin Islands Homes for Sale

Fish Bay Listing

Fish Bay property for sale

St John property for sale

Estate Carolina

Bay Tree Cottages

Bismarkia for sale

For Sale Carolina Duplex

For Sale Dos Palmas

Hurricane Hole St. John VI

Paper Moon St John VI

Rileys Retreat on St John VI

Villa Divertimento

340realestateco@gmail.com
340-643-6068 | 340-779-4478 

St. John US Virgin Islands Land for Sale

Land For Sale 111 Fish Bay

Upper Carolina Land for Sale

Coral Bay Land for Sale

Fish Bay Land for Sale

340realestateco@gmail.com
340-643-6068 | 340-779-4478 

VIRGIN ISLAND
REAL ESTATE OWNERSHIP INFORMATION

Ownership is “fee simple” being under the U.S. flag here. There are no restrictions against purchasing solely for investment, and no laws dictating when, if ever, you must build on undeveloped land.

Property taxes are relatively low compared to many stateside areas. The property tax is based on the purchase price multiplied by following mill rates:

Homes/Condos .003770 Commercial .007110

Timeshares .014070 Land .004946

All real estate transactions require a Government Transfer Tax (stamp tax), which can be paid by the buyer or seller; however the Government holds the seller responsible for the payment at closing.

2% for property valued up to $350,000
2.5% for property valued from $350,001 to $1,000,000
3% for property valued from $1,000,001 to $5,000,000
3.5% for property valued over $5,000,001

Mortgage loans are available with banking institutions doing business in the Virgin Islands and with First Liberty Mortgage Co, LLC. The buyer is responsible for the payment of a property appraisal, a survey and surveyor’s certificate, title search and title insurance, and bank attorney fees.

Windstorm and earthquake insurance is required for all home mortgage loans. The cost is approximately 2% to 3% of the replacement value. The cost varies due to types of construction, hurricane shutters and more.

All new construction must be engineered and built to VI building code to withstand at least 110 mph wind speed and Zone 4 earthquakes.

Building costs are approximately $400.00 per square foot and up, depending on the finishes.

Residential Properties: Approximately 155 properties available ranging from a modest one bedroom cottage priced at $129,000 to an over-the-top 6 bedroom villa at $9 million +.

340realestateco@gmail.com
340-643-6068 | 340-779-4478 

340 Real Estate Company

St John House Rentals, Villas, Cottages and Vacation Homes

Please send an email inquiry from the page of each vacation home of interest. Our homes are owned or run by a number of individuals and management companies and they all do their own booking. The email link on each home’s page will get you directly to the person who can help! We at stjohnlinks.com do not do bookings.