Investing in a Frigate Bay resort properties that are listed "by owner" can provide many benefits.
Frigate Bay offers both Caribbean and Atlantic shores within a 5-min walk-ideal for diverse tourism appeal, with properties often overlooking the ocean, golf courses, and lush landscapes, adding value to the purchase.
There is a rising demand for luxury vacation rentals which supports high rental rates which can be in the US $2,500-3,000 per week in high seasons.
Investors can benefit from short-term vacation bookings to long-term leases providing a revenue generating occupancy all year-round.
Frigate Bay and St. Kitts has a stable economy and offers tax incentives, including that St Kitts and Nevis participates in the Eastern Caribbean Currency Union, offering investor-friendly conditions.
St. Kitts and therefore qualifying properties in Frigate Bay can apply for Citizenship by Investment, making investors eligible for citizenship, and therefore enhancing resale appeal and international mobility to future buyers or investors.
Minutes from Basseterre and the international airporta plus ongoing infrastructure improvements enhance connectivity. As there is limited beachfront supply this drives up land value meaning in Frigate Bay land lots are rare and expensive.
If buying direct from the owner "Listed By Owner", there can be price negotiation flexibility, and investors can avoid brokerage fees leading to savings and direct talks on purchase terms.
Investors should always use legal advise and do their own due diligence. Verify fee structures, HOA, resort, or maintenance fees, check income data and get rental history or occupancy rates. Get title search, zoning rules, climate resiliency, rental regulations looked at.
A purchase from the owner of a property or properties in Frigate Bay offers an opportunity to tap into one of the Caribbean's premier resort locations offering rental potential, lifestyle appeal, and attractive long-term capital gains.
Frigate Bay is the name of two bays located close together on the island of Saint Kitts. The two bays are located southeast of the capital Basseterre, at the northern end of the isthmus joining the Southeast Peninsula with the rest of the island.