St. Kitts, West Indies: 152-acre Beachfront Development Site

Cockleshell Bay Development, St. Kitts

This magnificent parcel of land sits on 152.5 acres of beachfront property, a quarter-mile stretch of pristine sandy beach located in the parish of St. George at the tip of the island of St. Kitts. This is one of the best and last sizable beachfront lots remaining for development on the island. The property has a fully unobstructed view, the dramatic setting provides incredible views from practically every vantage point of the Atlantic Ocean, Caribbean Sea and the sister island of Nevis.

The site is roughly rectangular in shape and benefits from a unique topography, with the southeastern boundary beginning at the base of a short peninsula formed by the intersection of the two half-moons bay of Cockleshell Bay and Mosquito Bay.

The neighboring land to the west is owned by Christophe Harbour St. Kitts, which is developing high end luxury residential homes and hotels. Christophe Harbour is one of the island’s number one developments, where single family vacant lots range from US$450,000 to over $6 million. The property is also neighboring the renowned Park Hyatt Resort. The surrounding private homes are of substantial value, as well.

The land may be used for private or commercial purposes.

The Developer has already received preliminary planning approval for a construction hotel and high end villas from the Government. It is recommended that the property be developed offering full high scale luxury residential villas with a private infinity pool, with the attachment of the Citizenship by Investment Program. The price point for the villas would be US$800,000 to US$2,000,000 or more. There is presently a demand for high end villas from a client base from the locations of Canada, Europe, United Kingdom, United States and United Arab Emirates.

Site Location

• The South East Peninsula is zoned for high end development
• The land can be used for both private or commercial purposes
• The lots sits directly next to two beaches in particular, Cockshell Bay which is one of the best beaches on the island
• Unobstructed views
• Easily accessible, all the necessary infrastructure already in place that is paved roads, electricity and waste sources

The selling price is US$19 million, and the property has an estimated market value of US$40 million.