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205 079 €

Hotel St Kitts, Saint Kitts and Nevis, 35 sq.m

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  • Hotel St Kitts, Saint Kitts and Nevis, 35 sq.m - picture 1
  • Hotel St Kitts, Saint Kitts and Nevis, 35 sq.m - picture 2
  • Hotel St Kitts, Saint Kitts and Nevis, 35 sq.m - picture 3
  • Hotel St Kitts, Saint Kitts and Nevis, 35 sq.m - picture 4
  • Hotel St Kitts, Saint Kitts and Nevis, 35 sq.m - picture 5
  • Hotel St Kitts, Saint Kitts and Nevis, 35 sq.m - picture 6
  • Property ID on Prian.info: 3311185
    Last update: 10.10.2023
    Number of views: 4261

205 079 €

Hotel St Kitts, Saint Kitts and Nevis, 35 sq.m

35 sq.m 3% per year
Citizenship

  • Property ID on Prian.info: 3311185
    Last update: 10.10.2023
    Number of views: 4261

Specifications

Sale price 205 079 €
Price per square meter 5 859.4 €
Floor area 35 sq.m
Address Saint Kitts and Nevis, St Kitts, St Kitts and Nevis
Location at the seaside, on a SPA-resort

Additional services

  • Citizenship upon purchase

Finance

Profitability
Annual return 3 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Business expenses
Not included in the price

Description

ACQUISITION OF A SHARE OR A WHOLE OBJECT. FOR OBTAINING ST KITTS CITIZENSHIP AND NEVIS AND INCOME

Park Hyatt St. Kitts has 78 rooms and 48 suites, spread over several buildings that form an arc around the resort. All rooms overlook Banana Bay. 2 km from the Great Salt Pond, 11 km from the Royal Beach Casino, 12 km from the Royal St. Kitts.

Stylish rooms with chic beachfront décor have balconies or patios with views of the bay and seating areas. Suites have a separate living area and some include rooftop pools and sun decks; villas with 3 bedrooms and private gyms are available.
The 3 restaurants offer a variety of cuisine, from simple beachside to fine dining. The hotel has 2 outdoor pools, a gym and meeting / event facilities. The chic spa offers massages and beauty treatments.

OBTAINING ST KITTES AND NEVIS CITIZENSHIP THROUGH INVESTING IN REAL ESTATE:

Applicants can apply for citizenship by investing in a pre-approved real estate project, which may include stakes in hotels, villas and condominiums. The minimum real estate investment required by law is $ 200,000 (resale after 7 years) or $ 400,000 (resale after 5 years) for each main applicant.

Non-refundable due diligence and processing fees must also be paid upon application. These fees are $ 7,500 for the main applicant and $ 4,000 for each dependent of the main applicant who is 16 years of age or older.

Upon approval in principle of an application filed through a real estate investment, a state fee is charged in the following amount:

Main applicant: USD 35,050
Spouse of main applicant: USD 20,050
Any other qualified dependent of the main applicant, regardless of age: USD 10,050
Apart from these fees, property buyers need to be aware of the purchase costs (mainly compulsory insurance premiums and official fees)

60 DAYS ACCELERATED ST. KITS AND NEVIS CITIZENSHIP PROCESS:

The Accelerated Application Process (AAP), approved by the Government of Saint Kitts and Nevis in October 2016, allows for an accelerated processing of applications for the Citizenship by Investment Program by up to 60 days.

Interested individuals applying using the AAP will still be required to meet all the prerequisite criteria and provide the required supporting documents to apply for citizenship by investment.

Applications will go through expedited processing at Citizenship by Investment, due diligence providers and the Saint Kitts and Nevis passport office. As a bonus, this process also includes the application and processing of a Saint Christopher (Saint Kitts) and Nevis passport.

By submitting an application using the AAP, one can see that the application will be completed within 60 days, and some applications will be completed in 45 days.

AAP process fees (including due diligence fees)

Main applicant: USD 25,000
Dependent over 16: US $ 20,000
In addition to the US $ 25,000 and US $ 20,000 AAP processing fees, there will be an additional US $ 500 per person for all dependents under the age of 16 for the Saint Kitts and Nevis passport.

For any questions regarding the expedited application process, please refer to the AAAA ADVISER Guide.

Denial of responsibility

Due to the extended peer review period, applicants from the following countries will not be eligible for an AAP:

Republic of Iraq,
Republic of Yemen,
Federal Republic of Nigeria,


Representative

Larisa
CEO
Languages: english
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