A different kind of escape: Kittitian Hill, St. Kitts
08 January 2014
Perched on the edge of a mountain, the 400-acre, sustainable resort development Kittitian Hill features luxury villas, charming cottages and a hotel designed by the world-famous architect, Bill Bensley using local and sustainable resources. Every property offers panoramic views of St. Eustatius, Saba, St. Martin and St. Barths, along with spectacular sunsets and dramatic views of the Caribbean Sea.
Significant numbers of Russian investors have purchased the luxury real estate at Kittitian Hill, with a substantial increase in sales at the resort during the latter part of 2013. With excitement growing as the resort is due to open in March 2014, Select Resorts Properties in association with Savills are expecting this trend to continue throughout the year.
Residents and guests will benefit from a range of fantastic amenities including an 18-hole championship golf-course, designed by Ian Woosnam, a luxurious destination spa and the Kittitian Village – with an excellent selection of dining and entertainment options, including bars, restaurants, duty-free shops, a cinema (they even provide the popcorn), a library and amphitheatre.
Easily accessible from many of the world’s major cities, and with only a short intra-island flight from other major Caribbean islands, the island of St. Kitts has much to offer, including a pleasant year-round climate, a laidback lifestyle, stunning scenery and breath-taking beaches.
If owning a piece of island paradise isn’t enough to draw in buyers, there’s also plenty of financial incentive to purchase real estate at Kittitian Hill, including guaranteed rental income and no taxes on rental income, capital gains, inheritance and repatriation of funds.
Furthermore, Kittitian Hill offers residents participation in the St. Kitts Citizenship by Investment program. Established in 1984 the program is the oldest of its kind in the world. Eligible investors may apply for citizenship and a passport, allowing the applicant and their family to enjoy visa-free travel to more than 100 countries including Canada, the UK, Switzerland and all EU-Schengen countries.
With several major developments due for completion in the coming years, the island’s profile and demand for holiday property is only going to increase therefore high capital appreciation is also predicted.
Villas and cottages are now available to purchase from Select Resorts Properties in association with Savills. Fractional, lifestyle and investment options are all available with prices ranging from US$425,000 to US$4million.