Land in Balata, Castries[LC]

002452275038 - Balata land for sale - Development Opportunity in a Well-Established Residential Area - An excellent opportunity to acquire approximately 1.91 acres of land in Balata, one of Saint Lucia’s established residential communities, at an attractive price of XCD $475,000 (approximately USD $175,925).The property comprises approximately 83,199.6 sq. ft. (0.77 hectares / 1.91 acres), providing a substantial landholding with potential for residential use and development.The land has a sloping terrain, which may require some site preparation and consideration during the planning and construction process. However, its size and location create an interesting opportunity for buyers looking to develop a private residence or explore a multi-lot residential concept, subject to the necessary planning approvals and infrastructure requirements.Balata is a well-known residential area offering a more accessible entry point into the local property market, with established residential communities and convenient access to Castries and surrounding areas. Its established nature and continued demand for housing make the area worth considering for both residential buyers and developers.Whether you are looking to build a substantial family home, create a small residential development or secure a sizeable parcel of land for future development, this property offers considerable scope at a competitive price.PROPERTY DETAILS• Approximately 83,199.6 sq. ft.• 0.77 hectares / 1.91 acres• Located in Balata, Saint Lucia• Sloping terrain• Established residential area• Suitable for residential use• Potential for single-home or multi-lot development, subject to approvals• Attractive entry price for a substantial land