Fly to let investors are being warned that The Landings, a set of new apartments in St Lucia being launched this month, will be the last opportunity ever they will have to buy a freehold property directly on the beach on the Caribbean island.

Properties so close to the sea are normally only available on a leasehold basis. The Queen’s Chain Regulations that apply in Saint Lucia, state that all property within 20 metres from the shoreline is owned by the government and can therefore only be leased. The developers say these regulations do not apply to The Landings because it has been built on reclaimed land, which was created as part of a government initiative to provide a sheltered haven for yachts in Rodney Bay by joining Pigeon Point to the mainland.

No other reclaimed land exists in St Lucia so going forward all beachfront property will only be available on a leasehold basis.

MTV and BBC presenter Trevor Nelson was one of the first buyers at The Landings and bought a beach front apartment in the first phase of development. British born Trevor, whose family is from St Lucia, currently presents the breakfast radio show each week day morning on 1Xtra, Saturday nights on BBC Radio 1 and Wednesday nights on BBC Radio 2, as well as presenting ‘The Lick’ on MTV.

He said: “Buying a beach front apartment at The Landings was the best thing I have done investment wise. I wanted to put my savings into property and to earn a rental income from it.

“The Landings is effectively my pension. I absolutely love it there. It is like coming home each time I go, so much so that I work as hard as I can just to be able to keep going back as often as possible. I went four times last year.”

The new apartments will be built as part of a final phase of construction in a traditional Caribbean style. The apartments will look out onto the island’s historic landmark of Pigeon Point where the English vigorously defended the island from French attack on numerous occasions. The properties will be part of the five star resort which is built around a private yacht harbour in the north west of the island.

Oliver Gobat, Sales Director at The Landings said: “We are in a totally unique situation here as we have built on reclaimed land and I expect there will be a high interest from investors who will see this as an opportunity to buy a very special property.

“Due to the topography of the island and the laws that control development, new front line developments are restricted, thus preserving people’s investment.”

The new beachfront building offers a choice of two bedroom (1850 sq. ft), three bedroom 2638 sq. ft, three bedroom grand residences (3390 sq. f), and four bedroom duplex’s (3700 sq. ft) with private pool.

Owners at The Landings also have membership at the St. Lucia Golf and Country Club, which is a three minute drive from the resort.

The new beachfront apartments are now on sale and range in price from $1.8 million (£1.18M) to $3.5 million (£2.24M). Construction of the apartments will commence in August this year and be finished by the end of 2011.

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