Income-Generating Condominium Complex for Sale, South Frigate Bay, St Kitts

Price

$6,995,000

ID: 163517
Listed: 04 Sep 2023

Bedrooms

26

Bathrooms

24

Internal area

30,000 sqft

Common area

24,000 sqft

Invest in Your Own Slice of Paradise with this Income-Generating Condo Complex in St Kitts

A Rare Opportunity for a Lucrative Accommodation Rental Business

Discover a unique chance to own a recently built 26-key income-generating condominium complex in St Kitts. This exceptional property presents multiple possibilities, whether you're interested in running a boutique hotel, condo hotel, guest house, or any other type of vacation rental business. Nestled on a hillside with breathtaking views of the South Frigate Bay beach, the Caribbean Sea, and the Royal St Kitts Golf Club, this complex is the epitome of luxury and convenience.

A Diverse Offering with Exclusive Benefits

As a condominium association, this offering includes a main house with a guest apartment, 5 directly owned condos, and shared common areas on over half an acre of beautifully landscaped grounds. Additionally, you'll have the ownership of a management company that oversees and leases 15 additional condos within the complex, owned by private investors. This diverse portfolio ensures a steady stream of income and a range of investment opportunities.

Key Highlights of this Condo Complex:

  • 26 keys, including 5 directly owned condos and 15 managed condos
  • Prime location overlooking the South Frigate Bay beach and the Royal St Kitts Golf Club
  • Main house with a guest apartment, offering a total of 4,000 square feet of living space
  • 5 owned condos with sizes ranging from 1,000 to 1,400 square feet
  • 15 managed condos, varying in size from 800 to 1,500 square feet
  • Shared amenities, including a large pool and potential for a bar/restaurant

Unwind in the Heart of South Frigate Bay

Located just a short stroll from the South Frigate Bay beach, this property allows you to indulge in the best of Caribbean living. Spend your days relaxing by the sea, engaging in thrilling water sports, or perfecting your swing at the nearby Royal St Kitts Golf Club. With Basseterre, the capital of St Kitts, and Robert L. Bradshaw International Airport just 5 minutes away, you'll have easy access to all the conveniences you need.

Unlock the Potential of this Condo Complex

With exclusive amenities, a prime location, and a proven rental management system in place, this condo complex is a smart investment opportunity. Whether you choose to operate it as a boutique hotel, condo hotel, guest house, or vacation rental business, you can expect a significant return on investment. Don't miss your chance to own a piece of St Kitts paradise and secure your financial future.

Contact us today to seize this exceptional investment opportunity!

Speak with an Expert

Feel like exploring the Dominican? Start the day with a hike on one of Playa Moron’s many trails. Weave your way around the gated community to find secluded sandy coves for swimming and paddleboarding.

Price

$6,995,000

ID: 163517
Listed: 04 Sep 2023

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