Saturday, 26 August 2017

The L'Armitage House and Land Package - The Perfect Choice For Millennials

The L'Armitage House and Land Package
Millennials aren't buying homes in the same numbers as previous and older generations, but it's not because they don't want to. The vast majority of millennials does indeed aim to buy someday, or would even like to now if they could.

There are many practical reasons why millennials hold off on buying -  the main one being young adult employment has risen considerably. Our advice to those who can afford it: “You should definitely buy.”


“Buying a home is one of the smartest financial decisions you can make as early as your 20s," says an executive in our real estate department, who handles properties in Castries and by extension islandwide, "because it is inflation-protected and a physical asset that doesn't disappear like stocks can do."

Buying a L'Armitage Monchy Land and House Package is the right choice for millennials and it's easier than ever before. Simply, because huge down payments are not necessary. While lenders are looking more closely at borrowers today than in recent years, there are options for purchasing your first home without a 20 percent down payment. For example, the St Lucia Development Bank, a few Commercial Banks as well as the Credit Unions offer loans to first-time home buyers with down payments between 0% - 10% percent. However, these loans require mortgage insurance.

A L'Armitage house - exterior and interior view
Why make a L'Armitage house your first choice? 
L’Armitage homes are built to fit your lifestyle. Designed to accommodate today’s busy lifestyles,our  new homes — single-family homes — feature open floor plans, flexible spaces, low-maintenance materials and other amenities that appeal to younger buyers.

The houses comprise:

  • 3 bedrooms
  • 2 baths
  • Laundry
  • Open kitchen, Dining, and living room layout
They are move-in ready and fitted with the following amenities:
---  Paint (Customer’s choice)
---  Floor finish – tiled floors
---  Kitchen Cabinets – (granite counter tops)
---  Ironmongery
---  Bathroom – modern amenities

With energy costs near the top of consumer concerns, we want to let you know that the L’Armitage homes  are more energy efficient than ever. Through innovative materials and construction techniques our new homes are built to be much more energy efficient than homes constructed a generation ago.

Modern Luxury at an Affordable Price

Another fantastic advantage buying the L’Armitage homes offers, is that its mere construction on pillars is a plus for the owner. A plus in the sense that it offers latitude to its owner for expansion, either for rent, extended family or business.

Whether you’re ready to start the search for your first place or you're in the market for your next investment opportunity, drop our Team a line at  info@raycip.com or call us at 1-758- 450-7242/1-758-450-1087. We have the team and the experience to provide you with the perfect St Lucia starter home.






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