Starboard House St. Kitts

$ 6,995,000
Property Code: FB CS 004
Property type: Commercial
Garages
2

The space

  • Land Size: 24081 Sq Ft

Amenities

  • Airport within five minute drive
  • Area for spa/gym/treatment rooms
  • Bar/lounge space
  • Citizenship Approved
  • Commercial space
  • Financial analysis available
  • Furnished
  • Golf Course View
  • Management and rental company
  • Owner's suite
  • Sea view
  • Subdivision option for main house
  • Swimming pool

Description

Located on a hillside overlooking the indigo waters and sandy beach of Frigate Bay, Starboard House is truly a Caribbean gem. Frigate Bay beach is a magnificent stretch of sparkling white sand, home to amazing restaurants, beach bars and popular with water sport enthusiasts and sun bathers. Starboard House is also a bird watchers dream location as it sits beside a large salt water lake, home to many varieties of birds. This is also a fantastic location for golfers as the property borders the championship Royal St. Kitts Golf Course.

The Main house offers 4,000 sq ft of indoor living space, 2,000 sq ft of ocean view terraces, a private 500 sq ft roof garden and a 500 sq ft two-car garage. As well, Starboard House includes a swimming pool, the Mermaid Lounge (an 800 sq ft allotted space for a bar/lounge), another 3000 sq ft lower level that is perfect for a spa, gym and/or treatment rooms and other small areas for tool room, staff recreation and storage.

This purchase includes ownership of the management and rental company which oversees 21 condominium units. The purchaser will own, outright, six of the condominiums. The other 15, although privately owned by foreign investors, have signed agreements allowing the property manager to lease their unit at the manager’s discretion. The property is currently established as a condominium association, with all owners paying a monthly fee. This payment covers expenses such as water, insurance, security, cleaning, landscaping and staffing.

Possibilities are endless for this substantial Caribbean jewel, which was built with passion and love. The large main house could be subdivided into smaller, more intimate spaces and become part of a hospitality venture through which one can express their dreams and personality. An 800 sq ft attached suite would then be ideal for owner occupancy. Financial analysis available upon request, for this profitable venture. Create a mindfulness getaway, a hip boutique hotel, or whatever your heart desires, right here in St. Kitts, an unbeatable global destination.  Please reference FB CS 004.

Video of property

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