David Fedeles, St. Croix Real Estate

Coldwell Banker St. Croix Realty

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February Newsletter: Taking the Leap

March 3, 2020 by Team Fedeles

It’s Leap Year! Are you ready to take the leap of becoming a homeowner on St. Croix?

We’ve been having fun on Facebook showing off some of the incredible features of our clients’ listings. From a home with two pools to a condo with its own private pool, we can help you narrow down your search for St. Croix real estate with a pool. Or maybe it’s important to you to find a home with furnishings, like this impeccably decorated home (with a killer closet, we might add!). Buck Island view, we can help you find that too!

It’s also been a joy getting to know The Keane’s as we seek the next happy owners of their stunning two-home beachfront property, Paradise Found, in Cotton Valley. In their Featured Client blog, they shared what they love most about their home:

“The Caribbean ocean at our doorstep, the ability to snorkel or scuba dive right off our beach, as well as paddle-board. Lying in the hammock between the palm trees and unobstructed views of Buck Island. We really love sitting at our pool with a glass of wine looking out at the sailboats and catamarans gliding past!”

In January, Governor Bryan gave his second State of the Territory address. Watch the video or read the transcript. A key theme throughout is how his administration has improved the Territory’s financial position, laying a solid foundation for continued improvement of our economy. The Governor was also in Washington, D.C., last week discussing GERS, Medicaid, National Park land and federal tax legislation impacting the territory with senior White House officials. Follow Government House – US Virgin Islands to see a new Facebook live series of interviews with the current administration, The Press Box, as well as other updates from the government.

We were thrilled to see the recent news that the BMV Launches “Skip the Line, Renew Online” Vehicle Registration. Now, vehicles that are 6 years old or less do not require a physical inspection and vehicles between 6 to 10 years old are inspected every two years. If your vehicle fits that bill, be sure to register online. If you’ve ever had business at the BMV in the USVI, you know how great this is!

We’ll leave you with this Meet Team Fedeles video so you can get to know Stephen and me a little better. We hope your extra day this month involves taking a leap into something exciting!

Warm regards,
Team Fedeles

Filed Under: Featured Clients, Moving to St. Croix, Newsletters, St. Croix Second Homes

Featured Client: Paradise Found

February 11, 2020 by Team Fedeles

This house simply creates memories”

Brian and Cathy Keane have owned their Cotton Valley beachfront home for nearly 15 years — and have created an endless number of memories, from family and friends birthdays to weddings and anniversaries to fantastic family gatherings.

Originally from Dublin, Ireland, they moved to the States 32 years ago with the intention of moving back to Ireland within five years. That never happened! They now live in Villanova, PA, and love it, “but not during the winter!”

The Keane’s have four grown children — three boys and one girl (also the youngest, “and, yes, she is our princess,” Brian adds). Some of their favorite memories in their home involved their kids. One son proposed to his girlfriend on their beach. And last November, their daughter and her boyfriends surprised them by flying from their home in Hawaii to join the family for Thanksgiving.

With a dream of having a vacation home and a place to retire, Brian and Cathy searched for the perfect location for years.

We visited an exhaustive number of Islands and kept coming back to St. Croix. To our minds it offers the best of everything – variety of quiet beaches, a rainforest, great food options (we are foodies!), cultural diversity and easy access to the mainland.”

They truly found a gem in Cotton Valley. Beachfront, nearby restaurants, and easy to hop on East End Road to explore all that St. Croix has to offer. While they are selling Paradise Found, they are searching for something smaller on St. Croix.

Paradise Found has been equal parts fun and hard work for the Keane’s. “There is almost no part of our home that has not been improved upon.” The main house has undergone major renovation, including a new kitchen, new master bedroom with state-of-the-art en suite bathroom, new bathrooms, hurricane-proof doors and windows throughout, and new air conditioning. Meanwhile, the guest house has a new balcony, and the property features elevated pergolas, a new irrigation system, and lush landscaping.

We asked what has been the most challenging renovation and the most fun renovation. Cathy’s answer, all in one: the kitchen! We imagine it’s the part that gets the most use, too, with all of that entertaining!

But their favorite part of their home has nothing to do with what’s inside. Their favorite feature…

The Caribbean ocean at our doorstep, the ability to snorkel or scuba dive right off our beach, as well as paddle-board. Lying in the hammock between the palm trees and unobstructed views of Buck Island. We really love sitting at our pool with a glass of wine looking out at the sailboats and catamarans gliding past!”

Top 7 Favorite Things To Do On St. Croix

The Keane’s love the outdoors and all the things St. Croix has to offer, including:

  1. Scuba Diving
  2. Snorkeling
  3. Paddle boarding
  4. Kayaking
  5. Hiking (especially up Goat Hill and between Jack’s and Isaac’s Bays)
  6. Sailing
  7. Eating

St. Croix is the birthplace of vertical farming and and we truly enjoy eating local, healthy, and organic foods and produce. The island offers a wide array of cuisines – and our mission is to savor them all!”

The Keane’s came to Team Fedeles on the recommendation of several friends and other professionals, and we are so grateful! Upon meeting, we discovered our Philly connection — David being from the same area outside of Philadelphia as Brian and Cathy. Not only do we share favorite sports teams and experiences, we connect with our similar sense of humor and large look on life.

Cheers to the next chapter of yours, Brian and Cathy! Another family will be very lucky to make their own memories in your beautiful St. Croix home.

Filed Under: Featured Clients, Food on St. Croix, Fun on St. Croix, Life on St. Croix, St. Croix Second Homes

Meggie Hill on the Cover of St. Croix Realty Magazine

January 24, 2019 by Team Fedeles

Our stunning listing, Meggie Hill, is on the cover of the 2019 Coldwell Banker St. Croix Realty Magazine. Even if you’re not in the market for real estate, you’ll enjoy flipping through the pages of the 154-page publication showcasing Coldwell Banker listed homes and property for sale on St. Croix.

Meggie Hill, 5G Teagues Bay EB, St. Croix, U.S. Virgin Islands

Filed Under: Coldwell Banker, St. Croix Real Estate Market, St. Croix Second Homes

Beachfront Bargain Hunt Follow Up

May 4, 2017 by Team Fedeles

Do you ever wonder what’s happening with all of those househunter TV show couples now? Well, I stopped by to say hello to Kyle and Ania this week to see how their “Beachfront Bargain Hunt” house is coming along. Watch what they’ve been up to and check out their incredible view.

As you can tell, they’ve been very busy with some major renovations that will turn their investment into their dream island home. From raised ceilings to an expansive pool deck, this is a big undertaking that will be well worth it when they get to relax poolside with their family. And it’s no surprise that their neighbors are welcoming them into the neighborhood. That’s St. Croix!

Filed Under: Featured Clients, St. Croix Second Homes

What Homeowners Should Know About AirBnB, VRBO and Other Rental Sites

January 5, 2017 by Team Fedeles

St. Croix for Rent
View vacation rentals and long-term rentals from my colleagues at St. Croix for Rent

The St. Croix Source offered a good reminder to homeowners with vacation rentals at the start of the new year in their local news piece: V.I. Answer Desk: Is USVI Collecting Tax on Villas and AirBnB Rentals? If you own a vacation rental or if you’re looking to buy property with a vacation rental, the first step in legally renting a vacation property, whether it be a room, studio, apartment, villa or house, is to get a business license.

And owners must pay hotel occupancy tax, income tax and gross receipts tax as required by law. Hotels, villas, timeshare owners and anyone else renting any lodging for a period of less than 90 days, must pay 12.5 percent of the price of the room rental.

You can find the appropriate tax forms on the Virgin Islands Bureau of Internal Revenue web site. According to Form 722 VI, the return should be filed monthly and tax due should be paid within 30 days.

The article says that the rise in vacation rentals on web sites like Airbnb and VRBO has likely meant that the USVI is missing out on millions of dollars in revenue. As a territory where our main industry is tourism, it is vital to our economy that the appropriate taxes be paid by homeowners. In recent years, the Internal Revenue Bureau has begun enforcing increased penalties, which seems to have been effective as revenues and the number of taxpayers have gone up slightly.

Collections and the number of entities paying hotel occupancy taxes have increased steadily. According to the Office of Management and Budget, in 2012, the government received $20.9 million in hotel occupancy tax revenue from some 818 taxpayers. In 2013, revenues went up a tiny bit, to $21.5 million, and the number of taxpayers/property owners increased by 41 to 859. There was a larger increase in 2014, with $22.9 million in revenue and 81 more taxpayers. And 2015 saw 73 more taxpayers, generating $24.6 million.

The VI Internal Revenue Bureau met with Airbnb officials at the end of 2016 to discuss a model for getting information on VI-based vacation rentals to further their collection efforts.

Filed Under: St. Croix Rentals, St. Croix Second Homes

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About David Fedeles

Twice voted Best Real Estate Broker on St. Croix. Coldwell Banker President's Circle three years in a row. Read More…
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St. Croix and New York

David Fedeles is a licensed real estate broker in both St. Croix USVI and New York. If you are looking for your dream home in America’s Paradise, David is ready to work with you!

Contact David Fedeles today!

Tel: 340-778-7000
Cell: 340-690-4665
[email protected]
Office Location:
Coldwell Banker St. Croix Realty | Gallows Bay Mkt
5030 Anchor Way, Suite 12 | Christiansted, VI 00820

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