2021’s Record Real Estate Numbers and the Oceanfront Villa in St John you've been waiting for
2021’s Record Real Estate Numbers and the Unbelievable Opportunity of Our Newest Listing
2021 may very well be looked back on as a very challenging year for so many people, but for the tiny island of St John, 2021 will stand in the record books for economic activity for nearly any business that could keep up and 2022 is already positioning itself up to challenge 2021’s title.
Let’s get straight to the numbers and skip all the fluff. I’m going ditch the exclamation points because all of these stats want them:
· 117 homes sold on St John in 2021 at an average price of $1.757M.
· Total volume of home sales jumped 231% from $62M to $205M.
· The median home price jumped 21.5% from 2020 and 56% from 2019 and ranged from $310K to $8M - Unique Island Assets sold the one for $8M! (I’ll make an exception and put the exclamation point there)
· 17 of the sales were homes over $3M… from 2015-2020 only 10 homes sold over $3M
· 52 lots sold with $22.9M in volume (up 150%) with an average price of $440K.
Our little Company, Unique Island Assets had her share too:
· $2.63M in vacation rentals, welcoming 2205 guests for 3731 nights in our villas
· $17M in Real Estate Sales
2022 is in a word, BUSY. So many people who have discovered the island over the last two or three years have simply fallen in love. Villas and rental cars are hard to come by. Reservations are now required at any restaurant and those that don’t take reservations now have waitlists.
We welcome the new business and appreciate guests who are coming to experience the island, its culture, and history more than just her stunning beauty.
2022 brought us an amazing new listing for sale - two of our properties together Bordo Mare and Sopra Mare are being offered exclusively by Unique Island Assets for $3.985M. This is the investment opportunity you have been waiting for.
Oceanfront, endless views, premium location, high grossing, multi-unit, all masonry pool villas; this property checks all of the boxes! Bordo Mare and Sopra Mare are two completely separate 2 bedroom, 2.5 bath homes each with their own pool, air conditioning throughout and private driveways. Both are extremely popular rental properties filled with repeat guests each for 48 plus weeks/year. Tasteful design incorporates the vast views into the modern homes located on the coveted Maria Bluff. This purchase includes the entire rental business, its contact lists, marketing platform, and is completely turn-key. Bordo Mare’s Nano Door walls give the feel of being at sea with the two equal master bedrooms with their dramatic views and position. The covered patios offer premium whale watching in the winter and yacht spotting throughout the year. Sopra Mare offers 1 master bedroom with Nano wall views and one guest bedroom, with a 3rd master suite nearly finished on the lower level. Both properties have solar and are net metered and are independent of one another for all systems. These premium properties offer the buyer steady income as two separate rental units, or make for the perfect owner-occupied rental business. The property generates $450K in proven annual rentals over seven years and a 6000 client newsletter convey with the sale.
Check out the listing in Detail or call us for more information and questions.
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