Saturday, 25 June 2011

Why invest in St Kitts?

If you have been looking to invest in property in St Kitts, then you're probably weighing up the pros and cons of this little island compared with more established Caribbean islands, but I feel there are lots of good reasons to choose St Kitts. It's fast becoming one of the rising stars in the Caribbean, and visitor numbers are predicted to continue increasing especially as some of the luxury resorts such as Oceans Edge are completed.

The majority of investors choose this island largely because of its unspoiled landscape and its commitment to ecotourism, with many of the developments being constructed to have a low impact on the environment. It also has an abundance of activities for visitors to choose from, and there is literally something for everyone, so rental property here will hold greater appeal across all age groups.

The fact that tourism is only just beginning to really take off means that property prices here are much more affordable than other parts of the Caribbean that have been established for longer, so the opportunities are greater as the growth in high-end tourism continues.

St Kitts now receives a large number of international flights, including flights from New York, Miami, Atlanta and Charlotte as well as flights from London Gatwick. There is also a regular daily flight service from other Caribbean destinations. In addition St Kitts has an increasingly service oriented labour force, as the college here has degree courses in hospitality management. This is a mark of the government's commitment to ensuring that tourists receive world-class services which will make them far more likely to return. In my opinion St Kitts will become one of the most sought-after luxury destinations in the Caribbean.

Why I love St Kitts beaches (and you will too)

One of the primary reasons people choose to holiday in the Caribbean is the beautiful beaches, and this is where St Kitts wins hands down. It has something a lot of the other islands don't have, and that's diversity.

The beaches here range from soft golden sand which are primary found around the south-east peninsula, to the more unusual black grey sand which dominate the north and south western coastlines. You'll find the Atlantic sea on the Windward side the island, and the Caribbean sea on the Leeward side. Some developments such as Oceans Edge in Frigate Bay are perfectly placed to take advantage of both the Atlantic and Caribbean Sea, as they are just a few minutes’ walk from the resort. It's located on the south-eastern peninsula so the beaches here are golden sand.

There has been a lot of debate about the beach at North Frigate Bay, as some say it's one of the most scenic of all the beaches in St Kitts, and it's certainly one of my favourites. It's located on the Windward side of the island and is great for those who enjoy windsurfing or swimming in slightly more challenging waters. The long golden stretch of beach is ideal for walking and relaxing.

A close contender for best beach in St Kitts is South Frigate Bay, where the calm waters are perfect for swimming. Tourists visiting this beach can just relax, swim, snorkel and generally chill out. Other good beaches include Friars Bay, Cockleshell Bay and Banana Bay, but really the list is endless and you'll just have to come and see for yourself.

Saturday, 18 June 2011

Resort Reviews: Ocean’s Edge, St Kitts

The Ocean's Edge development in St Kitts is unashamedly luxurious, but luckily buyers can have an easy conscience as the development is part of the Green Globe Benchmarking Programme, which is the certification process used by the travel and tourism industry, and consists of 41 different criteria covering sustainable management, cultural heritage, social and economic development and environmental issues.

This sets the tone for ownership in St Kitts as it is very much geared towards preserving the environment and making the best of natural features.

This particular development is just a 10 minute drive from Robert Bradshaw International airport, and views from the property are spectacular, while all residences are extremely luxurious. Purchasers can design and build their own villa, or buy a one or two bedroom condo, cottage or villa.

All are fitted with top of the range appliances and some even have their own private plunge pools. The amenities within the resort are extremely good, and include the usual restaurants, pools, a spa and fitness centre and clubhouse, and the Royal St Kitts golf club is nearby.

Property prices here are still a lot lower than other Caribbean destinations such as Barbados and St Barts, and the cost of living is also very reasonable. Purchasers also qualify for citizenship and various tax breaks, including tax-free status on foreign income, inheritance tax and capital gains.

The rental market in St Kitts is quite buoyant due to large numbers of US medical students attending university here, and people working on various tourism initiatives. This means that properties can be let for the longer term if necessary.