Owning a home in St Lucia is a big step and if you are currently thinking of moving from renting to buying property in St Lucia, you may wonder if this is the right time for you to buy. A home is the largest investment in St Lucia that most people make and it should make financial sense if you are deciding.
Some basic questions to ask
- How much rent do you currently pay?
- How expensive are homes in the area?
- How much interest will you pay? (This is the direct cost of your mortgage).
Advantages of renting in St Lucia
- Do you like knowing you can move quickly?
- Are you likely to stay in this area for at least the next 5 years?
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