Great content. Would be really cool to see a video getting more granular on the various costs. Besides, the monthly maintenance fee, ranging from $250-350, what other costs are to be expected for such communities? For example, what are the annual taxes, any HOA fees, home owner’s insurance costs? Able to conduct appraisal and inspection? What are the associated appraisal and inspection fees? Other fees related to home ownership specific to Jamaica.
Great questions. The annual property tax on this home is $29,100 JMD or $187 USD. Homeowners insurance is not required but recommended for seafront properties in particular. No HOA fees only the monthly maintenance fee. So outside of the maintenance associated with the home, the annual cost for this home would be the property tax ($187 USD) plus the monthly maintenance cost ($3,000 to $4,200). The valuation and survey reports would be between $300 and $500 USD (ballpark)
@@Throp Thanks so much for responding to all my questions! Love your content and I am always learning a great deal. I love Negril and am hoping to create a path there towards early retirement. Your channel has been very helpful in that effort.
I worked at samsara and swept away hotels in Negril back in the 90s .it was a very popular beach. l am so happy to see these beautiful developments happening all over ja
No prob man. Yeah it’s definitely on the pricey side. I’ve stated this before but I think there is tremendous opportunity in middle income housing development in Negril. It’s almost non-existent
What type of dollars are we talking about, is it Jamaican or united states dollars. I know real estates markets and I never heard that price for a place that size in ñegril.
Ok..thanks Throp.. that's much more reasonable. Nice property..love the green spaces.. can't wait to move to Jamaica.. I've had enough of the brick walls and high rise buildings on the northeast US.
Jamaica is stable in terms of government. They have no enemies to invade them and the political leaders of ling ago are all gone now. It's progress. Everything in the USA is there also. Only the outlandish mac mansions are difficult to sell. Anyway to each there own.
@@mbrooks1334 They don't know the definition, they only repeat what they hear others say. By the way I own properties in America and Jamaica. Still love my JA
Great content. Would be really cool to see a video getting more granular on the various costs. Besides, the monthly maintenance fee, ranging from $250-350, what other costs are to be expected for such communities? For example, what are the annual taxes, any HOA fees, home owner’s insurance costs? Able to conduct appraisal and inspection? What are the associated appraisal and inspection fees? Other fees related to home ownership specific to Jamaica.
Great questions. The annual property tax on this home is $29,100 JMD or $187 USD. Homeowners insurance is not required but recommended for seafront properties in particular. No HOA fees only the monthly maintenance fee. So outside of the maintenance associated with the home, the annual cost for this home would be the property tax ($187 USD) plus the monthly maintenance cost ($3,000 to $4,200). The valuation and survey reports would be between $300 and $500 USD (ballpark)
@@Throp Thanks so much for responding to all my questions! Love your content and I am always learning a great deal. I love Negril and am hoping to create a path there towards early retirement. Your channel has been very helpful in that effort.
@@Throp Is that $3,000 to $4,200 USD?
@@jackieclarke6781 for maintenance fee in Jamaica it has to be Jamaican dollars
It would be a dream to live in Jamaica….especially Negril. The people are amazing.
Thank you for watching!
I worked at samsara and swept away hotels in Negril back in the 90s .it was a very popular beach. l am so happy to see these beautiful developments happening all over ja
Awesome. That’s history right there. When Negril was really just getting started
Beautiful space!!! I would definitely want a space like that, something like a townhouse. 😍🇯🇲
Thank you for watching!
Throp, I love Jamaica SO much... ❤️
Awesome! I'm happy to hear :)
Really nice and refreshing upload for a classy gated community
Thanks so much
Beautiful! And Tastefully decorated 👍
Thanks so much for watching!
Excellent video Throp, love it!! Thank you so much👍❤💛💚.
Thanks so much. I'm glad you enjoyed it
Looks like such a beautiful area. I love it.
Excellent insight. Thanks for sharing!
Thanks so much for watching!
Throp thanks for the upload and its a nice property but its too expensive.
No prob man. Yeah it’s definitely on the pricey side. I’ve stated this before but I think there is tremendous opportunity in middle income housing development in Negril. It’s almost non-existent
@@Throp This would be a good chance for investors to come in and make a difference.
It cost much less to build a nice home. Everything is in US dollars. Thank you for the video giving us an idea.
Thanks for watching!
I would advise anyone who wants to build to be there when its done. Working with Jamaican workmen can be quite challenging and requires monitoring.
@@margiteder8274 yuh right bout that, they rip u off when ur there much less
Lovely apartment! Am I understanding that this community allows for Air B&B rentals of the properties?
Thank you for watching. That is correct. Many of the home owners in this community rent their homes on ABB and other home rental websites
Another great one so informative
Thanks so much for watching
I would live in that not air b&b it
Side note I met Margit when I was recently there she showed me a rental property
Fair enough. Thank you for watching
i remember when they were building these i wanted one so bad
Beautiful!
Thank you!
Negril is so damn beautiful...that price wasn't though... LOL... Richmond St. Ann is much cheaper and you can plant your own trees...
Lolll fair enough
Thanks for that info
its only rich jamaican can only afford to buy one of these House .its just crazy the amount of money they asking
Nice vlog Throp but I’ve already purchased in st Ann….
Thanks so much! St. Ann is a great location
beautiful 🙏🙏
Thank you for watching!
I need a space like this one💕
It's beautiful, although I'm not crazy about Airbnb allowed . It seems very common in Jamaica for gated communities to allow it.
Thanks for watching T
U can't hav boft ways simple get one thet duznt or build ur own
Very nice! Did they have any units with a bedroom on the 1st floor?
Yes actually. There was a house my friend stayed in over the summer in Little Bay that have a 1st floor bedroom
@@Throp awesome!
What type of dollars are we talking about, is it Jamaican or united states dollars. I know real estates markets and I never heard that price for a place that size in ñegril.
This is in US dollars
$465 us for approximately 1000 sq/ft
It's actually 2,600 square feet. I should have put that in there
Ok..thanks Throp.. that's much more reasonable. Nice property..love the green spaces.. can't wait to move to Jamaica.. I've had enough of the brick walls and high rise buildings on the northeast US.
The price it too high for such a small 2 bedroom. The owner gonna have to go down on their asking price
Thank you for watching! They actually recently lowered it to $459K
@@Throp That's still too high I understand the neighborhood is beautiful but such an over price they are gonna have a hard time selling.
350 a month!!!! I don’t even pay that in the states!!!!
@@Nemby2 cuz it rats infested I no cuz I livd in the states too
Thorp, I am looking for a beach front property for a week in July, do you have any?
Hotel? We might have availability. Shoot a WhatsApp to this number. It’s Travellers’ number +1 (876) 841-1062
How can I get intuch with you
You can DM on IG @throp. Or if it's directly related to this house you can contact Margit. 1-876-290-1581 margit@vlarealtors.com
It's very small nice but small
Thanks for watching !
@@Throp love what you doing boss
Estate agent is she
Never buy in a 3rd world country, always rent so you can leave at a moments notice and not lose all your money
Jamaica is stable in terms of government. They have no enemies to invade them and the political leaders of ling ago are all gone now.
It's progress. Everything in the USA is there also.
Only the outlandish mac mansions are difficult to sell. Anyway to each there own.
Definition of "third world country"?
@@mbrooks1334 They don't know the definition, they only repeat what they hear others say. By the way I own properties in America and Jamaica. Still love my JA
@@lambertjosephs334do you finding difficult owning in both countries? Does the back and forth between the properties ever get annoying for you?