Not for Everyone… Possibly a good place to hang your hat.

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Not for Everyone… Possibly a good place to hang your hat.

  • Chris Krug

    The island of Montserrat.  Good weather…No heating bills… year round growing season..,.Low real estate taxes….

    Island needs entrepreneurs….

    Vacation, retirement,  or just a pleasant place to be off the beaten path.

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  • Rick Rule

    Montserrat

     

    There is a pesky volcano, if my memory still serves me well.

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    Chris Krug

    Rick…So glad for you comment.  As with silver when most are running some risk taker will see an opportunity.   I could not afford most Caribbean islands but Montserrat’s villas are half the cost of most.  When I bought the volcano has still glowing at night…. A pretty sight.  I’m located in the safe zone.  The central and silver hills except for ashing were always safe.  Now the biggest reason the real estate prices are rising…. The volcano appears to have gone dormant.   … And the last time it was dormant was for over 400 years.

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    Wesley Deaton

    Chris:

    Do you have any photos you’d share?

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    Tom

    What sort of monthly budget would one need to live relatively comfortably?

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    Chris Krug

    Pictures of the island and my villa … Google :TradewindsMontserrat… Click on Susan Edgecomb’s real estate Tradewinds.  Use her links to get a flavor of the island.   Real estate usually sells for 20% off asking price. My villa pictures are under Susan’s rental villas section. VestView is my good one.  I’m also living and fixing up another to rent to tourists.

    Carrying costs on island are low for real estate.  I pay less than 400 USD per year real estate taxes.

    Budget per month depends on life style but my wife and I spend about 1600 a month on regular living expenses…. Where I’m spending is for property improvements.

    I’m promoting the island because I believe it’s a better life.   Not perfect but better.

     

     

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      Tom

      Thanks Chris, looks like a beautiful place to live!

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