Property Details

St. Christopher Club Penthouse CIU Approved

St. Christopher Club Penthouse CIU Approved

Condominium For Sale US$449,000.00
3700 sq ft 4 Bedrooms 3 Bathrooms1 Parking spots Print this page

St. Christopher Club beach front condo for sale, this Spacious Penthouse residence is perfectly centered in the heart of Frigate Bay, St. Kitts. Enjoy postcard views past the courtyard, over the pool; all the way to the beautiful blue Atlantic Ocean. There are direct ocean views from a massive verandah on both sides and direct beach access. Qualifies for the Economic Citizenship by Investment program!

The unit includes on the main floor three bedrooms, large Laundry room and 2 full bathrooms, enormous Mezzanine with an additional living area with Master bedroom and full bathroom and office or can be converted into a fifth bedroom bonus attic for additional storage space. Modern and well thought out Kitchen design with Island, loads of storage space and stainless steel appliances. Open plan living, dining and is tastefully appointed with high-end fixtures and furniture.

Should the owner rent the Villa out, the expected yearly rental return is currently $38,000 USD.

HOA-$754  Covers exterior structure, balcony maintenance, pool/tennis and communal grounds along with garbage/sewage.

For more information:corrine@remax-stkitts.com

pplicants may qualify for citizenship through an investment in a pre-approved real estate project, which may include hotel shares, villas, and condominium units. The minimum real estate investment required by law is US$200,000 (resalable after 7 years) or US$400,000 (resalable after 5 years) for each main applicant.

Upon submission of an application, non-refundable due diligence and processing fees must also be paid. These fees amount to US$7,500 for the main applicant, and US$4,000 for each dependant of the main applicant who is over the age of 16 years.

On approval in principle of an application made through a real estate investment, a Government fee applies, as follows:

  • Main applicant: US$35,050
  • Spouse of the main applicant: US$20,050
  • Any other qualified dependant of the main applicant regardless of age: US$10,050

In addition to these fees, real estate buyers should be aware of purchase costs (mainly compulsory insurance fund contributions and conveyance fees).

 

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