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Time Shares – Trauma or Treasure?Time Shares – Trauma or Treasure? When you discuss the introduction of time share hotels on Anguilla, the customary first response is: Not here! We don’t want those kind of people on Island. But what is wrong with time share development? Where do the fundamental problems lie? The design or […]
GROWING ANGUILLAIn these modern days of increasing world wide discussion focusing on the relationship between environment and land use–from wetlands issues to the Not In My Backyard (NIMBY) syndrome–emotions can run high whenever specific projects are discussed for approval. These emotional concerns are addressed in a number of ways. For example, in most American communities […]
THE ALIEN LAND HOLDING LICENCE: TIME FOR A CHANGE?THE ALIEN LAND HOLDING LICENCE: TIME FOR A CHANGE? Over the past number of weeks, a Government sponsored review has been under way to gather public opinion on the matter of the alienation of Anguillian land–an interesting topic which has generated intriguing thoughts and responses. In this […]
Beach Access and Real Estate ValuesBeach Access and Real Estate Values No one disputes the fact or argues with the concept that all beaches on Anguilla are and should remain public property. However, when one begins to consider the options available for getting to those public beaches there is need to pause, reflect and plan. […]
LAND AUCTIONS AND ALIEN LICENCES (Part 2) LAND AUCTIONS AND ALIEN LICENCES (Part 2) At the conclusion of my last article I stated that I would continue my discussion of the public auction process as it relates to real estate on Anguilla by exploring some innovative alternatives to the existing system. Foremost in innovation would […]
LAND AUCTIONS AND ALIEN LICENCESLAND AUCTIONS AND ALIEN LICENCES Anguilla has recently seen what other countries have been seeing for quite some time now–the public auction of property that had been pledged as collateral on loans which have gone into default. Auctions are unpleasant events–I know, I lost a condominium I pledged as collateral for […]
NON-BELONGER REAL ESTATE HURDLES: TRANSFER TAXES AND PENALTY PAYMENTSNON-BELONGER REAL ESTATE HURDLES: TRANSFER TAXES AND PENALTY PAYMENTS It is essential for the well being of Anguilla that the local real estate market be properly regulated–a market as finite and as fragile as Anguilla’s requires prudent protection. However, whereas the necessity of regulation is–I believe–beyond dispute, […]
RESIDENTIAL OWNERSHIP AND ENTREPRENEURIAL DEVELOPMENTRESIDENTIAL OWNERSHIP AND ENTREPRENEURIAL DEVELOPMENT There is an increasingly obvious disparity within the retail community of Anguilla. As in many other tourism oriented economies (Cape Cod, Massachusetts, comes quickly to mind) the retail sector has developed in a manner whereby the tourist’s holiday desires are easily satisfied, but the requirements of […]
CREATIVE DEVELOPMENT RELATIONSHIPSQuite a while ago, while at a party at the Governor’s–back in those days when bacon wrapped prunes were served as cocktail hors deourves (very tasty, really)–I was made aware of the sincere concern in some circles of the impending impact on Anguilla of recently approved coastal real estate development, i.e. tourism. At […]
REAL ESTATE VALUES AND ANGUILLA’S INTERNATIONAL SERVICESREAL ESTATE VALUES AND ANGUILLA’S INTERNATIONAL SERVICES The first–and ongoing–wave of international service which fostered the tremendous increases in land values which began in the late nineteen seventies, was tourism. Tourism fundamentally created real estate value along the coastlines–especially along the sandy fore shores–and along those high ridges commanding […]