Located in the heart of the Caribbean Sea, Saba is a lush tropical paradise that combines historic sights, breathtaking landscapes, and a tranquil lifestyle. From its striking mountainous terrain to the charming, historical settlements, Saba's heritage is one of awe-inspiring natural beauty and rich history. The geography varies from the tropical rainforests to the rugged coastline, all offering unique and attractive features for the exclusive real estate market. The original, historic sights of Saba, including the Old Booby Hill Windmill and the Saba Museum, provide insight into the fascinating history and culture of the island.

The Current Luxury Housing Market in Saba

At present, the exclusive housing market in Saba is stable, with balanced demand and supply for luxury homes and apartments. The political and economic situation on the island is also stable, contributing to a reliable investment climate.

Additional Costs When Buying A Luxury Home in Saba

When buying a luxury home in Saba, one must take into account various costs in addition to the asking price. This may include: transfer tax, real estate agent fees, notary fees and possibly inspection or legal fees. In Saba, the transfer tax on private property averages 4%, and the average real estate agent fee for both buyers and sellers is around 5%.

Tax Information for Real Estate in Saba

Saba has a wealth tax of approximately 0.7% on private home ownership. Both residents and second / holiday home owners pay tax on the profit when selling a private property. The business tax is approximately 20%, while the income tax for registered residents is around 30%.

Mortgage Requirements and Residential Areas in Saba

Mortgage terms in Saba often require that the buyer brings a certain percentage of the purchase price themselves, usually between 30-50%. The maximum mortgage on the purchase price can vary depending on the specific parameters of the buyer. The most expensive and sought-after neighborhoods in Saba include Windwardside, The Bottom, and Hell's Gate, known for their luxury homes.

Infrastructure and Facilities in Saba

Saba can be reached via the Juancho E. Yrausquin Airport and the Saba Ferry Service. There are no railway tracks on the island. The nearest major city is Philipsburg, Sint Maarten, about 45 minutes away by air. Top-notch education is available at the Saba University School of Medicine.

Recreational Opportunities and Luxury Lifestyle in Saba

Saba offers a range of sports and outdoor activities such as hiking, diving and bird watching. Luxury shopping options can be found at Saba Lace Shop and El Momo Folk Art. For exclusive dining, visitors can go to restaurants such as Tropics Cafe and Eden. Saba's annual carnival and sailing events are highlights of the social calendar. In terms of art and culture, visitors can visit the Harry L Johnson museum. For health services, the A.M Edwards Medical Center is available. Saba is located in the province of Saba, and has approximately 2000 residents. The climate is tropical, with a lush landscape, enchanting waterfalls, and a clear sea. The infrastructure and range of amenities in Saba are good, adding to the charm of this unique and peaceful place in the Caribbean.