First Villa Complete at St Kitts Real Estate Resort Oceans Edge
Picture waking up to the sun rising over the Atlantic Ocean each morning followed by a nice dip in your infinity edge
pool. Then after a beautiful day of sun and relaxation, enjoy a stunning sunset over the Caribbean Sea from the terrace of your new villa at Ocean’s Edge Resort, the jewel in the crown of real estate in St Kitts.
This is the reality for the happy owners of the first completed villa at Ocean’s Edge Resort, the luxury St Kitts real estate vacation home development on the eastern Caribbean island of St. Kitts.
Located 180 feet above sea level, this 4,500 square-foot luxury St Kitts villa property includes three bedrooms plus a guest house pavilion and a 25 foot long infinity edge pool. The villa, with its three terraces, offers spectacular views to the Atlantic Ocean, Caribbean Sea, the Royal St Kitts Golf Course and St Kitts’ lush landscape of mountains and rainforest.
The new owners remarked that their villa “has more than lived up to our expectations so far. We are blessed with the most stunning views. The villa itself is built to a very high standard and all the fixtures and fittings are by quality branded manufacturers. Our investment was designed to enable us to escape the harsh British winter and, as luck would have it, an extra bonus is that we have missed the worst winter in some 30 years.”
Robert Scott, Regional Director at Ocean’s Edge said, “This is an exciting milestone for Ocean’s Edge, and we are proud to have completed and handed over the finished product to our esteemed villa owners. The vision is now a reality, and we are thrilled.”
Ocean’s Edge is being designed to meet the standards of Green Globe 21Benchmarking program, the only globally recognized brand that assures commitment to improved environmental and social outcomes for a more sustainable travel and tourism industry. The designs also fully comply with Miami-Dade Hurricane certification.
Ocean’s Edge, a resort development with plans for 190 condominiums and 32 villa lots for bespoke villas, launched sales of Phase 3A in autumn of 2009, with construction slated to commence at the end of March 2010. To date, of the 15 villa plots currently released for sale, 9 have been sold with construction of 4 villas currently underway and commencement of a further two villas set to begin shortly.
“Now that the delivery of the first villa has taken place, alongside several completed hillside and beachfront apartments, we remain very confident that our sales momentum will continue as we move forward,” added Damian Hamp-Adams, Regional Director of Sales for Ocean’s Edge.
Phases 1 and 2 at Ocean’s Edge featuring 30 hillside apartments and 16 one-bedroom beachfront apartments were completed in December 2009, and are sold out. Many of the completed apartments are already being rented out as part of Ocean’s Edge interim rental / management program which provides rental and property management services prior to the resort operator coming on board. This program is responding to the strong demand on the island for rental accommodation.
Clients with an interest in St Kitts property for sale can participate in a three-night subsidized inspection trip to experience St. Kitts and Ocean’s Edge first hand.
For more information on Ocean’s Edge Resort please email info@oceansedgestkitts.com or visit www.oceansedgestkitts.com
Add comment March 17, 2010
St Kitts and Nevis – Does It Make A Good Investment?
If you’re considering purchasing overseas property in the Caribbean then Bill Mackay’s article is a must read.
Article Written by: Bill Mackay
Title: St Kitts and Nevis – Does It Make A Good Investment?
Coming just eight months after BA’s first Gatwick to St Kitts service opened up the isle to Brits, this was big news for anyone scouting for a second home in an unspoilt corner of the Caribbean.
The BA effect is already being felt on the relatively undeveloped island and its even quieter twin, Nevis. Ricky Pereira, founder of St Kitts Realty and a fourth-generation Kittitian, says: “The BA flight has made a huge difference because of the easy flight access. Both islands have always been of interest to British clients because of their history and links [St Kitts was first British Caribbean colony isle]. But they always seemed so hard to get to.”
While the first BA service eased journey times from the UK, the two weekly flights, on Tuesdays and Saturdays, will increase flexibility for British tourists, with obvious implications for the buy-to-let market. Suzanne Gordon, owner of Sugar Mill Real Estate in Nevis, has been witnessing a rise in rental occupation by Brits: “While the UK market has always been strong, I am seeing at least as many renters coming from the UK as from the US, and probably the easier airlift has contributed to this. There are obviously other economic issues involved, but the BA flights have made the islands more accessible.”
If you’re looking at buy-to-let here, there are a few factors to consider. Firstly, get to know the difference between the isles. More tourist-driven St Kitts has a better long- and short-term rental market than Nevis. Owners benefit from the shortage of rental options available, and St Kitts has more hotels and tourist facilities whose managers and staff require lodgings. There are also medical and veterinary schools on St Kitts, which draw students from the US and Canada. Meanwhile, the unspoilt, laid-back beauty of Nevis attracts retiring expats and long-term residents, which accounts for the greater variety of vacation rentals on offer and higher vacancy rates.
Secondly, the rental market is seasonal and largely limited to the high season, December to April. Suzanne Gordon cautions that renters will need to market through many different channels to achieve several weeks’ rental a year, with 10 weeks’ rental being a safe estimate for Nevis buyers starting out. Ricky Pereira, on St Kitts, estimates four to five months’ rental would be considered very good on that island. “Rental prices vary on location and time of year,” he says, “but normally fetch a good return. For example, a penthouse condo that we have for sale at the moment at £350,880, price negotiable, rents for £1,830 a month long-term. A one-bedroom in Frigate Bay, one of the most desirable locations, rents for around £610 a month long-term — that’s for six months or more.”
Whether you’re looking to buy a holiday home or move here lock, stock and barrel, your main problem will be limited stock.
Particularly if you are looking below the £350,000 mark. At just 93 square kilometres Nevis, in particular, is a very small place — more residential than tourism-led, with a very small property market. In contrast, St Kitts — once an exclusive playground for American jetsetters in the 60s — is developing into a major market for groups, package tours and cruise ships. Development has been relatively cautious on both islands over the last eight years: kick-started by the Marriott, which put St Kitts on the map in 2003.
Now, on St Kitts several new developments are reaching completion despite the recession, which stalled many projects. Leading the way in high-spec development is the luxury, low density, 2,500-acre Christophe Harbour Development, now under construction. This millionaire’s playground is set to include a Tom Fazio-designed golf course, 125-room Mandarin Oriental and 300-slip marina with plenty of berths for mega yachts.
Next door lies the much smaller, more affordable 340-acre Coast to Coast Developments, with prices from £152,700. Waterfront lots start at £457,860 — fully serviced with views of the Atlantic, Caribbean Sea, mountains and coastlines. Or there’s Ocean’s Edge, a low-rise 40-acre mixed
resort development of 210 properties, also priced within the grasp of mere mortals. The three-storey apartments, cottages and ‘bespoke villa’ plots overlooking North Frigate Bay include beachfront one-bed apartments from £220K and poolside two-bed cottages at £322K.
Unsurprisingly for these islands, most of the completed phases one and two of Ocean’s Edge have already been sold, according to UK sales representative Pauline Bonanni of Savills Select Resorts. Phases three and four — all cottages — are being built. Some properties are already occupied by owners or are let. “A rental programme will be offered once all the facilities are in place,” says Bonanni. “But for now, as there’s a shortage of good accommodation for key expat workers, some owners have arranged long-term rentals and are earning an income already.”
The London-based developer of Ocean’s Edge is also behind Pinney’s Estate on Nevis where thirty-five lots have been released for reservation so far; information is available through Savills International Residential in the UK.
Certain developments such as high-end Kittitian Hill on St Kitts, and the West Indian-style villas and condos at Seaside at Cliffdwellers on Nevis are expected to offer fractional ownership schemes.
It’s worth noting that many new-builds over US$350,000 (around £214,200) carry the added benefit of Economic Citizenship — which brings tax advantages attractive to Brits and Europeans, such as no income tax or inheritance tax. Check the development is an ‘officially approved project’ before you buy.
If you’ve got the funds and you’re looking for a ‘forever home’ in the sun, resales on Nevis can offer good value, says Gordon. “Early residents got the best lots,” she says. “Some of the resale homes built 10 to 20 years ago are on incredible pieces of land with great views and now remarkable mature gardens. People have bought older homes on incredible lots, even for £620,000 or so, then put another 300K into them for renovations, resulting in homes that are probably worth much more.”
Say you manage to snap up your dream home while it’s hot. What next? Property tends to be bought in cash, but you can turn to the Royal Bank of Canada or The Bank of Nova Scotia for financing; they normally require a 30 percent deposit. Next, apply for an Alien Landholders License, a simple application, and pay 10 percent sales tax to the government on approval before closing.
Of course, investing in an unspoilt landscape carries risk of change. At least these islands have the benefit of hindsight. “Being late developers St Kitts and Nevis have learnt from other islands’ mistakes,” says Pereira. “Developments are taking place under the watchful eye of residents, backed by a local government focused on long-term, high quality sustainability.” With prices generally stable during this downturn and set to rise, it’s worth sticking around to see if he’s right.
End
Bill Mackay works and writes for the leading offline and online magazine Living Abroad Magazine. The magazine is your monthly guide to living and buying abroad, with a wealth of information, stories, and guides. http://www.livingabroadmagazine.co.uk/
Add comment February 19, 2010
Live the Luxury Lifestyle at Lakeside Village
When researching the all important choice of where to spend your vacation time I am sure we all dream of finding the same ideals – a place where outstanding natural beauty is perfectly complemented by gracious living – a safe environment where your children can express themselves – to indulgence in our deepest desires – glorious sunshine day after day.
Although the 300 days a year of Algarve sunshine can not be guaranteed for a particular day, your remaining dreams can all be satisfied at one resort – Lakeside Village, Quinta do Lago.
This exclusive residential and recreational estate covering 2,000 acres of lush, rolling countryside and pine forests awaits you in the Algarve, Portugal.However if you are not completely satisfied with high standards and luxury living that life is accustom to at Lakeside Village, then Lakeside Village Villa PV3-04 redefines the term by taking luxury to the next level.
Lakeside Village Villa PV3-04
After extensive work renovating the entire property had been completed it was clear to see the high standards that have been achieved in this exquisite holiday home – making Lakeside Village all the more special.
When renovations of the entire villa took place the owners insisted on
- creating a complete display of their character from top to bottom, which has resulted in a distinct design style and modern conveniences with their own personal contemporary approach. What’s more, the innovative approach taken with the villa embraces the energy and spirit of the region and its unique surroundings.
The properties bathroom has been remodeled into a spa style getaway
which is a dream come true for those who enjoy soaking away their evenings in a jucuzzi style bathtub.
The construction and technique used to renovate the kitchen, lounge and dining area has created an area that seamlessly flows from the original living space of the villa offering a fresh new living space.
For more information about Lakeside Village Villa PV3-04 or for exclusive prices please visit the Select Resorts Quinta do Lago Villas webpage.
And remember your holiday home is a representation of you and your lifestyle so don’t settle for anything less than your wishes.
The Renovation (in Pictures)
Add comment February 16, 2010
Luxury Expectations Boost Demand For Quinta do Lago Villas In Portugal
09 February 2010 – Select Resorts
Increasing interest in luxury holidays is boosting demand for villas and apartments to rent during 2010 in Quinta do Lago, Portugal.
Not only is the holiday market getting back on track after the economic downturn of recent years but holiday company Select Resorts are finding that the demand for renting luxury villas built around exclusive spa complexes and championship golf courses is far exceeding expectations.
This is drawing them to the exquisite Quinta do Lago, which is an exclusive golf and residential estate in the Algarve. Set in a privilege location bordering the Atlantic Ocean and the Ria Formosa Natural Park, the magnificent golf courses and majestic villas blend with the green umbrella pines and the tranquility of lakes…………
Read the full article on the Select Resorts website
Add comment February 9, 2010
Your perfect villa holiday is now just a mouse click away!
Over the past few months we have worked extremely hard behind the scenes to put together our NEW On Line Booking facility.
At a glance, the website will look pretty much as it did. But inside that simple exterior an incredible amount has happened to make it possible for our clients to view and book accommodation 24/7.
Our Marketing and Sales departments have been buzzing with activity all winter in preparation – adding thousands of great holiday villas and apartments to our new system. In fact, it’s clear from current statistics that the number of properties available on our website is at an ever-increasing rate.
The wait is over….
Starting TOMORROW, those looking to book a luxury Algarve villa holiday or a holiday home in Spain can make reservations online, from the Select Resorts website at www.selectresorts.com
Our Super Reservation Service
Not only has the Select Resorts team been working hard but our new partners at SuperControl have been hard at it as well, ensuring this day would finally arrive.
SuperControl is an innovative booking and management system which helps self-catering businesses save time and money and at the same time get more bookings.
For more information please contact:
Select Resorts
Telephone: +44 (0)1202 786490
Email: mail@selectresorts.co.uk
Add comment February 3, 2010
The Best Value Euro Destination
As reported by The News of The World
When asking researchers in 19 countries to go shopping for a basket of tourist items Portugal proved the best value euro destination, with a total cost of £52.88, against £63.39 in Spain, £83.46 in the UK and £88.73 in France.
Items: Cup of coffee, bottle of Heineken, can of Coke, bottle of mineral water, suntan lotion, insect repellent, 20 Marlboro ciggies, three-course meal for two with wine, a postcard and a stamp.
Select Resorts provide a range of great value vacation options in Portugal, to help your money go that little bit further.
Add comment January 15, 2010
Skiing and Snowboarding in Avoriaz
Avoriaz Partner Trip: 17th-18th December 2009
From the moment I arrived in Avoriaz until the moment that I left it did not stop snowing! This was great for the beginning of the season and reassures me that Avoriaz really does have the most reliable snow in the Portes de Soleli area!
Some people tell me that they do not like the architecture in Avoriaz but it’s not until you visit the resort that you realise that the unique architectural design using traditional wood and sloping roofs blends perfectly into the natural landscape.
I have been to many French ski resorts and I have to say that Avoriaz is definitely top of my list. It’s very picturesque and has a friendly village feel unlike some other large resorts in the Alps.
Not only offering excellent skiing conditions, Avoriaz also offers fantastic views and sunsets overlooking the Morzine Valley. It is here where the new MGM residence will be situated in “La Falaise”.
Avoriaz is great for all abilities, skiers and boarders and especially great for families. Boarders are particularly attracted as it is home to a fantastic eco
board park known as “The Stash”. There are only 3 of these parks in the world and Avoriaz hosts the only one in Europe!
There are 273 marked ski runs and 216 km of cross-country trails. Other activities available include sleigh rides, winter hikes, snowshoeing, dog sledding, hang-gliding, helicopter tours, paragliding, snow-biking and snowmobiling. An unusual option is the opportunity to scuba-dive beneath the ice in a frozen lake!
Being a car-free resort means it is ski in ski out but if you don’t fancy skiing
to the lifts there’s always a horse and sled or skidoos on offer – Getting about the resort in this manor is what gives Avoriaz much of its charm.
After a nice warm lunch at La Bistro we headed to the second site “La Crozat” where the P&V and Maeva residences will be situated.
These will be built on the edge of the resort on a slope offering fantastic views across the whole resort.
The photo on the left is where the P&V residence will be and the one on the right will be Maeva.
As well as the new residences there will soon be an indoor water park which in the summer months will also have a man-made beach outside! There are
lots of activities to do here in the summer so Avoriaz really is a duel season resort.
For après ski there is a good choice of restaurants with fantastic cuisine and local bars and nightclubs for those who want to party! The shopping is also good with the usual hi-tech ski gear to purchase!
We headed to La Cabane restaurant/bar in the evening which was really nice, offering great food and a great atmosphere.
The next morning we headed to the slopes, it literally took just a couple of minutes to reach the nursery slopes and it was then I noticed I was the only one snowboarding! Having been a few times before I knew the basics but I am still a novice. I gave it a good go and after a practice we headed off to a blue run. I have to say I did quite well considering the conditions - the visibility was poor as it was still heavily snowing!
Overall I highly recommend Avoriaz for a place to invest in property; it has everything you need from a ski resort from fantastic pistes, guaranteed snow, traditional food and charm; and soon there will be the new water park and new apartments which will really update and move the resort forward.
So after a fantastic trip it was time to come home but as soon as we left the resort we heard that our flight was cancelled due to the snow in London! I was one of many people stranded in Geneva airport which is not the best way to end a trip but all is well now that I made it home, eventually!
Hannah Morris
Property Sales Executive
AVORIAZ – Overview of the Project
- New build development – low upfront costs
- 200millions euros worth of infrastructure
- 19.6% vat rebate
- 3.5% guaranteed rental returns plus various usage formulas
- Excellent capital growth potential
- Set to be ‘the’ dual destination ski resort at 1800m with beach and spa facilities
- Just one hour from Geneva
- Quality accommodation, quality visitors
Developments
MAEVA RESIDENCE LES CROZATS ELECTRA - Electra is situated close to the centre of the resort and offers beautiful views of the mountains and the lake.
MGM RESIDENCE L’AMARA - On the edge of the resort, close to La Falaise district comprising five residences and a beautiful Spa featuring a huge heated swimming pool. The development is South-facing, with magnificent views of the Morzine valley.
Add comment December 29, 2009
Aphrodite Hills Open Evenings
After a succesful evening showcasing Cyprus’ 5* living during October, two more dates have been added for those dreaming of an easy-going, eclectic lifestyle to join us for a drink and experience unparalleled Real Estate opportunities at the 5* Aphrodite Hills.
Aphrodite Hills offers an exciting selection of luxury villa and apartment styles and designs, each intended to complement the beautiful landscapes of the resort, combining the sympathetic architectural touches and contemporary living that have become such a feature of Cypriot real estate.
Savills Select Resorts invite you to an open evening showcasing the stunning Aphrodite Hills Resort, its comprehensive range of luxury villas and the investment benefits.
Aphrodite Hills Open Evenings - PDF Download
Date: Tuesday 01 December 2009
Time: 4.30pm to 7pm
Address Savills, Esher. 55 High Street, KT10 9SH
Date: Wednesday 02 December 2009
Time: 4.30pm to 7pm
Address Savills, Cobham. 10 High Street, KT11 3DY
RSVP to select@savills.com or call +44 (0)845 5056061
Print off the Aphrodite Hills PDF for admission and your entry into our Prize Draw.
*Prize Draw - Experience the 5 Star living at Aphrodite Hills with 7 nights stay at the stunning InterContinental, with 2 rounds of golf and 2 spa treatments.
Add comment November 23, 2009

















