USVI - Real Estate


There’s never been a better time to make your dream of owning a home on a tropical island a reality — and the U.S. Virgin Islands make reaching those dreams easy.

Financing rates are low, the future is bright — and the timing has never been better for having fun in the sun right in your own backyard. With all the fabulous properties on the market, now is the perfect time to take that Caribbean plunge and invest in a home in the USVI. Fortunately, there are still motivated sellers, reasonable prices and a wide selection of properties to choose from on any of the three islands.

An assortment of lots, houses, condominiums and time-shares are available in a range of prices and locations throughout the territory.Prices in particular are dependent upon various factors, including which island the property is on, the location of said property within the island and of course, the view delivered by that location.

In the past, St. John has boasted the most expensive market among the three islands. However, in recent years its sellers have become increasingly willing to negotiate, making it easier to find bargains than ever before. While some stand-alone homes can still go well into The millions, buyers can readily find condos for as low as the $200,000s.

Part of the consistent strength of this market lies in the fact that there is no such thing as a “bad location.” With the Virgin Islands National Park claiming about two-thirds of the land, dramatic views are plentiful. Most of the land and homes for sale are in Cruz Bay, the island’s main town; but properties can also be found in rural Coral Bay, where prices are slightly lower. Many property owners also choose to turn their homes into rental villas and enjoy steady occupancy rates as well as solid returns on their investments.

St. Croix has also seen an increase in the number of houses and condos on the market, and many are very reasonably priced. As the largest of the U.S. Virgin Islands, St. Croix has a much greater inventory of land for sale, including prime beachfront and hillside property blessed with stunning natural vistas. Waterfront properties have become more affordable with many of the top-notch luxury condos and expansive homes with pools selling for less than half a million dollars.

A long-established real estate destination, St. Thomas has lured would-be homeowners with the opportunity to own a personal winter retreat or vacation villa investment property for years. As a testament to the stability of the island’s market, buyers will note that prices in St. Thomas did not fluctuate much. But there has been an increase in the sheer volume of properties for sale, especially in the condo market; so many motivated sellers have become more flexible in negotiations. Making a reasonable offer can often lead to quite favorable results.

Those looking to buy in the U.S. Virgin Islands also get to enjoy the benefits, protection and security of doing business in a U.S. territory. They do not need to immerse themselves in a whole new system or hire an expert to guide them through foreign regulations, as banks in the U. S. Virgin Islands follow the same processes and requirements as those on the mainland. Getting a warranty deed and title insurance is the same in Cruz Bay as it is in Chesapeake Bay. Buyers can rest assured that their offshore investments are safe under a stable government.

As an added bonus, most realtors in the U.S. Virgin Islands are members of and abide by the code of ethics of the National Association of Realtors, and the majority of the properties are listed in the Multiple Listing Service (MLS) and on

With all the fabulous properties on the market, now is the perfect time to take that Caribbean plunge and invest in a home in the USVI.

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