St. Lucia Judicial Sales – November 2024
Are you looking for investment opportunities in St. Lucia? The November 2024 Judicial Sales offer an exciting chance to acquire foreclosed properties at ZOMBIE prices! St. Lucia’s judicial sales are public auctions where properties are sold to the highest bidder. These properties may range from land to fully constructed homes, each presenting unique investment potential.
Below, I’ve outlined the details for this month’s sales, including key requirements and a few noteworthy listings.
How Judicial Sales Work in St. Lucia
A judicial sale is a court-supervised auction process where properties, often due to unresolved debt cases, are sold to recover amounts owed by the previous owners. This presents an affordable avenue for potential buyers to secure property, whether for residential, investment, or development purposes. However, buyers must follow the specific requirements of the auction process to qualify.
Requirements for Bidders:
- Valid ID: Bidders must bring photo identification.
- Deposit Payment: A deposit in the form of a certified bank cheque (typically 10% of the upset price) is required.
- Auction Location and Time: Sales are scheduled to begin at 10:00 AM at the Registry of the High Court on Peynier Street, Castries. Prompt attendance is essential as these events are strictly timed.
Featured Properties in November 2024 Judicial Sales
- Bonneterre, Gros Islet
- Block & Parcel: 1255B 330
- Property Description: Land and house on 0.10 hectares
- Deposit Price: $218,058.81
- Date: November 18, 2024
- Law Firm: Floissac, Du Boulay & Thomas
- Gros Islet
- Block & Parcel: 1251B 821
- Property Description: Land covering 0.08 hectares
- Deposit Price: $40,089.48
- Date: November 21, 2024
- Law Firm: Floissac, Du Boulay & Thomas
Each listing provides insight into the type of property available, its location, and the minimum starting bid (upset price). Interested buyers are encouraged to contact the Sheriff’s Office or respective law firms to clarify any property details.
Download the Full November 2024 Judicial Sales List
Find answers to common questions in our FAQ section.
