Global Property Guide

Financial Information for the Residential Property Buyer

Condo

Full Description

This fully furnished one bedroom ground floor apartment is for sale.  This 550 sq ft apartment is furnished with modern furnishing and is move-in ready.  This apartment is ideal for persons seeking to invest in citizenship in St Kitts via the real estate by investment in real estate.

This apartment kitchen is equipped with:-

  • fridge
  • electric stove
  • microwave
  • dishwasher

Laundry:

  • Washer dryer combo

There is a community pool.  This apartment has two private balconies or patio

This is an approved project by St Kitts & Nevis government for the Citizenship by Investment in Real Estate for persons seeking their citizenship in Sty Kitts & Nevis.

Citizenship by Investment in St Kitts & Nevis

Applicants may qualify for citizenship through an investment in a pre-approved real estate project, which Imperial Bay Residences condominium/apartment 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.  (Please note two persons can invest in each of our apartment units.)

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).

Key Information

Property ID: 41612515
Location: St Kitts and Nevis, Saint George Basseterre, Frigate Bay
Categories:
  • Apartment
  • Condo
Bedrooms: 1
Bathrooms: 1
Price:
  • £316,672
  • €352,660
  • $430,000
Short Description:

Luxury one-bedroom apartment for sale with investment opportunity or just a vacation condo. The apartment has breathtaking views of the Marriott Golf Course, the Atlantic Ocean with meandering hills as the backdrop.