Caribbean Life Season 20 Episode 4 Home vs Condo on St. John
- TVG
- August 16, 2020
- 21 min
In Caribbean Life season 20 episode 4, titled "Home vs Condo on St. John," viewers are taken on a journey to the picturesque island of St. John in the U.S. Virgin Islands. The episode showcases the differences between buying a home and a condo in this beautiful island and weighs the pros and cons of each.
The episode begins by introducing the real estate market on St. John and the current state of the market. The host then meets two couples - one looking to buy a home and another looking to buy a condo - who are both on the hunt for their perfect Caribbean property.
The first couple discussed is Rachel and Jonathan, who are looking to buy a home as a vacation rental property that they can also use for their own family vacations. The couple has a budget of $1.5 million and would like a property with at least four bedrooms and a pool. Rachel and Jonathan are looking for a home that they can rent out and generate income from while also providing a luxurious and comfortable vacation spot for their own family.
The second couple is Erica and Luis, who are looking for a condo as a permanent residence for themselves. The couple has a budget of $750,000 and would like a property with two bedrooms and an open floor plan. They are primarily looking for a space that they can call their own and not have to worry about the maintenance and upkeep that comes with owning a home.
Throughout the episode, viewers are taken on a tour of several homes and condos on St. John that fit the criteria of both couples. The pros and cons of each property are discussed as well as the lifestyle and benefits of owning a home versus a condo. The host also offers insights into the real estate market on St. John, including property values and rental potential.
As the episode progresses, both couples are faced with tough decisions. Rachel and Jonathan find a stunning home that checks off all the boxes but it is slightly over their budget. They have to decide if they are willing to stretch their budget or compromise on some of their desired amenities. Erica and Luis find a beautiful condo that is within their budget but it does not have the open floor plan they were hoping for. They have to decide if they are willing to compromise on their desired layout or continue the search.
Ultimately, both couples make decisions and the episode ends with a glimpse of their new Caribbean homes. The episode is a great primer for those considering a Caribbean property purchase and showcases the unique real estate opportunities on the island of St. John.