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Villa in Saint Paul's

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Paramin V022 1 /8th Fractional Villa, Kittitian Hill

This stunning four bedroom villa enjoys expansive indoor and outdoor living spaces, including a large open-terraced sun deck extending out to an infinity-edge swimming pool. The villas are designed with a private villa suite separate from the main residences.

This price is for 1 / 8th fractional ownership of the villa.


Kittitian Hill

Set on a stunning 160 hectare (400 acre) hillside. Kittitian Hill is a master planned resort offering beautifully designed luxury villas and charming cottages. The resort offers panoramic views of St. Eustatius, Saba, St Martin and St. Barths, along with spectacular sunsets and dramatic views of the Caribbean Sea.

Kittitian Hill will cater to the tastes of the most sophisticated residents and guests, with amenities such as:

  • 18-hole championship golf course designed by Ian Woosnam

  • Luxurious destination spa

  • Kittitian Village with an excellent selection of dining and entertainment ;

  • Bars

  • Restaurants

  • Duty free shops

  • Beach Club just 3 kilometres away with regular shuttle service


The unique architecture, landscaping and interior design of Kittitian Hill is the work of world famous architect Bill Bensley, whose studio has been responsible for the design of many award-winning resorts worldwide.

Sedona Resorts will manage the entire resort including;


  • Cottage hotel

  • Spa

  • Rental programmes for the villas


Sedona Resorts is an ultra-luxury spa and boutique hotel operator that created and manages the Mii Amo Spa in Sedona, Arizona. Mii Amo was voted as the number one Destination Spa in the World for 2009 by Travel and Leisure Magazine.


Purchase Options


INVESTMENT OPTION(Citizenship by Investment option) Cottage, Fractional Villa and Villaowners have the option to place their property in the rental pool for 5 years. Guaranteed income of 2% whilst the property is being built and funds in escrow, 4% income per annum for 5 years, developer pays HOA fees, property taxes and property insurance. Cottage and Fractional Villa owners entitled to 14 nights personal use per annum, whole Villa owners entitled to 42 nights.

Complimentary membership to the Kittitian Hill Golf and Tennis Club, saving mandatory cost of US$2,100 per annum.

The Investment Option is perfect for Citizenship by Investment purchasers.

Villa fractionsguaranteed 2 weeks high season and 4 weeks Resort Season (1/6th) and 2 weeks High and 6 week Resort (1/8thfraction). Rental income from all fractional villas is pooled and net income is split 50/50 between the owners (prorated) and resort manager. All fractional villas must be placed in the rental pool. Owners pay Home Owner Association fees of US$10 per m2 per month, plus property insurance estimated at 1.15% and property tax at 0.2% annually.

Membership of the Kittitian Hill Golf and Tennis Club mandatory US$2,100 per annum.

PREFERRED RESIDENCES EXCHANGE PROGRAMME OFFERED

Reservation deposit US$15,000 Investment Option



Amenities


  • Ian Woosnam 18 hole golf course

  • Choice of fine dining and informal restaurants

  • Variety of shops including Kittitian Rum Shop

  • Infinity Edge swimming pool with magnificent views of St Eustatius

  • Fitness Centre Work out at the state of the art fitness centre

  • Art Gallery and movie screen room

  • Outdoor Amphitheatre film and literary festivals

  • Beach Club just 3 kilometres away with a regular shuttle service.

Key Information

Property ID: 5991097
Price: £286,605
Property Type: House
Categories:

  • Residential Property
  • House
  • Villa

Guaranteed income option: 2% whilst funds in escrow plus 4% per annum 5 years, no running costs. Lifestyle Option: pooled income