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Real estate information for Tortola, British Virgin Islands buyers

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Information for buyers to purchase real estate on Tortola, BVI
for example - Beach Front Villas, Gated Communities, Homes, Condominiums and Vacant Lots

Tortola, British Virgin Islands at a Glance

Tortola is not only the capital island of the BVI but also the largest and most populated. Tortola is home to some of the most luxurious homes and villas for sale in the Caribbean. Buyers can choose between spacious homes, luxury condos and vacant lots where available to build their own Tortola house. The island is noted for its wide array of Caribbean adventures and activities for all travelers to enjoy and holds some of the most beautiful scenery and delicious local food in the whole of the BVI chain. The Northern Coast of the Island particularly brings people in from all around the globe as it offers the best beaches, hidden caves, spectacular coves and water sports such as sailing, surfing, scuba diving, kite surfing and hiking. Known worldwide as the sailing and entertainment capital of the British Virgin Islands, Tortola is a true island of contrast offering peace and tranquility but also vibrant bars, busy nightlife and several fine dining restaurants. Tortola has a deep history and there are many sites of historical interest waiting to be explored. This bustling capital is right in the center of the BVI cultural program and has regular events, carnivals and festivals celebrating this. A harbor full of stunning yachts, lush green mountains, luxurious real estate and fine sanded beaches are what characterize Tortola and these contributing factors are making Tortola rapidly become a much sought after destination for both tourist and home buyers.

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Location of Tortola, BVI:
Tortola is a hilly and mountainous island that is approximately 13.5 miles long and 3 miles wide covering a total land area of 21.5 square miles. Tortola lies just east of Puerto Rico and is surround by the Caribbean sea. Being the capital of all of the British Virgin Islands makes it the most populated of the chain and is home to around 21,700 residents. Tortola has a tropical climate with moderate trade winds due to its perfect location.

What Types of Tortola Property is Available?

There really is something suited to everyone on the island of Tortola and the huge array of real estate on the market means that all new buyers can purchase their dream home suited to their requirements and budgets. Whether you are thinking or relocating here permanently or wish to purchase your own stylish vacation home, finding the right property and location is essential and Tortola offers many different types of property’s in many different locations. New buyers can choose from beach front villas with the most spectacular views of the ocean, stylish condos in gated communities for extra security and modern town houses located near all the local amenities. Tortola also has a selection of commercial premises available for those starting a new business on the island.

Dining and Night Life on Tortola:

Tortola and its universal nature makes it the perfect place for an evening out. What ever ticks your boxes for the perfect night, don’t worry as Tortola really does have it all! From classy fine dining restaurants, lounge bars, clubs and live entertainment to a romantic stroll along a paradise moon lit beach. One of the most popular eateries in Tortola is the Dove Restaurant & Wine Bar with the venues popularity shown in the fact you have to make a booking in advance to be seated. The Dove uses nothing but local and sourced ingredients and every item on the changing seasonal menus are made right from scratch. Located in the heart of Road Town, this Historic West Indian cottage certainly creates a romantic and charming atmosphere and a visit here will definitely create great memories.

If you're looking for more familiar tastes but still wish to take in that all spectacular Caribbean scenery, then the perfect place for you is the Fish 'n' Lime Inn located in the west end of the island. This waterfront restaurant offers views over Soper's Hole and as the sun sets there really is no better place to be than an open aired restaurant. Serving truly delicious home made meals and sweets makes it the perfect place for anyone.

For those looking for more of the party scene, dancing and music then the Bomba's Surfside Shack is simply a must for you. “Bomba” the owner lacked funds when setting up his shack on the beach so he used old driftwood, tin roofing and broken surf boards creating a true authentic Caribbean feel. This unique venue offers and array of beers, spirits and cocktails and to top that off some of the most beautiful views of the whole island. The Bomba shack quickly became popular for both locals and tourists alike and now holds regular live music, full moon parties and there is even a graffiti wall where all guests can contribute if they wish. This really is a once in a lifetime experience for anyone who enjoys partying in the Caribbean culture. Kick back, relax with the locals and dance the night away on theses glorious shores.

Buying Property in the British Virgin Islands:

If you are looking to purchase real estate in the BVI, then the whole process is fairly straight forward providing you find an experienced and knowledgeable estate agent, however there are a few facts and requirements that all new buyers need to consider first. BV Islanders known as the “belongers” have the first choice of any land or property for sale over the “non belongers” which include English citizens or anyone relocating from another country. In order for a non resident to purchase real estate or land here they must obtain an Alien Landholding License which is granted by the government to the purchaser, but please note each license is given to an individual property only and is non transferable. For every name you wish to put on the License application there is a small fee which differs depending on whether its a personal or company license. To obtain your license there are several steps you have to follow which include character references, financial references and a police certificate of good standing so it is highly recommended that you find yourself an experienced attorney to guide you through all the correct procedures. Once you have received your license, your wish to purchase a BVI property must be advertised in a local paper for four weeks prior to the purchase itself. When transferring the title of the house from the owner to the purchaser there is a stamp duty of 12% of the total value to be paid by the new home owner.

How Buying Through a Top Coldwell Banker Estate Agent Helps?

If you are joining the many expats here in the BVI and have decided to search for the perfect property within Tortola, it will definitely be helpful to you to consult an expert real estate agent. It is always advisable to speak with a reputable and reliable agent so that you are fully aware of the whole process of purchasing on the island, which may be obviously different to that of your home country.

Complete guidance to investors:
Coldwell Banker BVI Real Estate provides comprehensive services for each and every client and will assist you in every step of the procedure, from choosing the perfect house for sale in the BVI right up until you are standing outside of your new home with the keys in your hand. After your closing, we’re here to help you with island resources and suggestions. When you arrive in the British Virgin Islands, why not stop in and see us for an informal chat to see what we can offer you?

Sail away to the pure paradise island of Tortola and prepare to be amazed by its beauty, stunned by its surroundings and charmed by its atmosphere. Tortola is an island of true contrast and offers both the true island feel of relaxation, culture and tranquility and also holds an exciting, vibrant and fun atmosphere of a bustling capital. Home buyers visit Tortola to choose their new vacation home or investment house due to its selection of real estate for sale. Tortola has luxurious villas with plenty of space for the family and normally a private pool, condos with picturesque views over the Caribbean and town house style homes. Your vacation here can be as relaxed or adventurous as you desire and there are activities such as swimming in the aqua ocean with dolphins, snorkeling through vibrant schools of fish and hiking the coast line to witness some of the most breathtaking views in the world just waiting for you!

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