St. Lucia, Cas En Bas, Gros Islet Block 1456B/ Parcel 38

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St. Lucia, Cas En Bas, Gros Islet Block 1456B/ Parcel 38

Auction Information:

Auction Details

  • Date: 31st day of July, 2026.
  • Time: 10:00 AM (between 10:00 and 11:00 a.m. by the Court House clock).
  • Location: Derek Walcott Square, City of Castries.
  • Conducted by: Sheriff or authorized Officer.
  • Venue: Derek Walcott Square, Castries.

Entry Ticket Requirement (Mandatory Deposit)

  • To register and qualify to place any bids in this auction, all participants must present a Certified Banker’s Cheque in the exact amount of $72,247.07 XCD (representing one-tenth of the judgment debt). This cheque must be made payable to: Accountant General. This serves as your mandatory entry requirement; no bidder will be permitted to participate or submit offers without verifying these immediate, properly routed funds.

Auction Award

  • The auction will conclude, and the property will be awarded to the highest valid bidder. Upon the fall of the hammer, the winning bidder’s entry cheque will immediately be processed as the non-refundable initial deposit for the purchase.

Financial Capability & 6-Month Settlement Period

  • The winning bidder must possess and demonstrate the financial capacity to clear the remaining balance (Final Purchase Price less the initial deposit) within six (6) months from the date of sale.
  • Accruing Interest: The remaining balance will bear interest at a rate of 6% per annum until full settlement.
  • Proof of Funds: Bidders are strictly required to ensure their financial arrangements are robust enough to honor and complete the payment within the designated 6-month timeframe.

Strict Default Consequences

  • Time is of the essence. If the winning bidder fails to pay the final balance within the six-month window, the entire deposit of $72,247.07 XCD shall be automatically forfeited and applied directly toward the Judgment Debt. The defaulting bidder will lose all claim to the asset, and the sale will be rendered null and void.

Property Info:

Total Area: 6,458 SQ FT.
Type of Property: House
Square Feet House: 1280 SQ FT.
Property Status: Repairs Needed

Description:

Property Info

  • Total Area: 6,458 SQ FT.
  • Type of Property: House (one-and-half-storey concrete)
  • Square Feet House: 1,280 SQ FT.
  • Property Status: Repairs Needed

Property Details

  • Total Lot Area: 6,458 sq. ft. (Approx. 0.06 Hectares / 600 sq. m).
  • Type of Property: One-and-half-storey reinforced concrete dwelling with small apartments on the ground floor.
  • Property Status: Repairs Needed — building reported in poor-to-fair state of repair, with water damage on ceilings, doors and railings (per appraisal).
  • Registration: Block 1456B Parcel 38, Registration Quarter of Gros-Islet (Belle Vue / Cas en Bas).
  • Geolocation (GPS): 14.084458, -60.941860

Technical Description

  • The property features a one-and-half-storey reinforced concrete dwelling (approx. 1,280 sq. ft.) with masonry blockwork superstructure and metal roof cladding; partially suspended floor slab; small apartments on the ground floor.
  • The lot is situated at Belle Vue / Cas en Bas, in the Quarter of Gros-Islet, Northern St. Lucia.
  • Access is via the public road bordering the parcel on the south and east; the lot is bounded by Block 1456B Parcel 37 (north), road (south and east) and Block 1456B Parcel 39 (west).
  • The property includes a Private Vehicular Right of Way over the Estate Roads at Block 1456B Parcel 52 and Block 1456B Parcel 61, as indicated on the Registry Map.
  • The location is not prone to obvious adverse risks such as flood, land slippage or unstable soil; the area benefits from the social and leisure amenities of the wider Cas en Bas / Gros-Islet community.

Gervin James

ecproperties@ascendancyfund.com

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