Approved under the Citizenship By Investment Program of St. Kitts & Nevis
Fully-fitted studios and one-bedroom apartments
Superb quality, built to exacting Marriott standards
Use of the Marriott Residence Facilities
Part of a multi-million dollar expansion
The Marriott Residences are in a prime beachfront location within the 37-acre St. Kitts Marriott Resort grounds and combine the advantages of a second home with the amenities and personal service of a luxury resort.
As an owner of a Marriott Residence, a wide range of amenities and activities are available including:
The Marriott Residences development comprises 4 three-story buildings in Phase 1, which are built and completed:
|Phase I||4 Buildings, 108 Units
Residential Sales Office
Pool, Deck, Kids Area
|Building 1||12 x Studios|
11 x 1 Bedroom
|Building 2||17 x 1 Bedroom|
|Building 3||34 x Studios|
|Building 4||34 x Studios|
Each Marriott Residence is well appointed in a modern tropical style including spacious bedrooms, kitchen facilities, bathrooms, lounges and outdoor terraces. Designer-selected fixtures, fittings, furnishings, linens, and luxurious bathrooms all contribute to the renowned ambiance and level of comfort expected of the Marriott name.
|STUDIOS||Ground Floor||Second Floor||Third Floor|
|H - 500 sq. ft (incl. 92 sq. ft terrace)||SOLD OUT||SOLD OUT||SOLD OUT|
|I - 414 sq. ft. (no terrace)||$400,000||$405,000||$410,000|
|J - 1064 sq. ft. (incl. 554 sq. ft. terrace)||N/A||N/A||SOLD OUT|
|K - 963 sq. ft. (incl. 424 sq. ft terrace)||N/A||N/A||SOLD OUT|
|ONE-BEDROOM APARTMENTS||Ground Floor||Second Floor||Third Floor|
|A - 990 sq. ft. (incl. 90 sq. ft. terrace)||$525,000||SOLD OUT||SOLD OUT|
|B - 742 sq. ft. (no terrace)||SOLD OUT||SOLD OUT||SOLD OUT|
|C - 990 sq. ft. (incl. 90 sq. ft. terrace)||SOLD OUT||SOLD OUT||SOLD OUT|
Note: All prices include furniture, appliances and stamp duties.
Four phases of development are planned for the Residences. Phase One consists of 108 units in four separate buildings (80 Studio and 28 One-bedroom units), which are now complete and furnished. The scope and timing of the remaining Phases has not yet been determined.
Yes, each unit is sold as a freehold condominium unit.
The furniture packages for the Studio units are provided on a complimentary basis from the property Developer, Royal St. Kitts Beach Resort Limited (RSKBRL). The One-bedroom units do not have furnishings included in the purchase price; an optional furniture package is available for purchase.
The furniture package for the One-bedroom units costs US$47,000 for Floor Plan B and US$48,000 for Floor Plans A & C.
The Marriott Residences owners have access to all the Royal St. Kitts Marriott Resort facilities including the Emerald Mist Spa, fitness centre, tennis courts, hotel pools, beach, beach bars, restaurants, business centre, meeting rooms, conference services, and concierge services. In addition, owners are offered preferred tee times at the Royal St. Kitts Golf Course.
Yes, all units have central air conditioning.
Each unit is wired for Internet, phone, and cable TV in multiple rooms.
The Condominium Association insures the building structure (including hurricane coverage) but not the contents of each unit, which is the responsibility of the unit Owner. Many local insurance brokers offer coverage for building contents.
The monthly Condominium Association Fees are currently US$0.55 per square foot of floor area and are subject to change. This fee covers communal area maintenance, building insurance, garbage collection, resort use, and loss prevention. The purchase of a Studio unit includes the first 3 years of Condominium Association Fees, which will be paid on behalf of the owner by RSKBRL.
The units are warranted for construction defects for a one-year period which commences on the Purchase Agreement closing date.
The Marriott Resort has an in-house maintenance department that Owners may contact for any repairs or maintenance issues. Please note that the Owner will be responsible for the cost of any out-of-warranty repairs.
Yes, all units have lockable storage areas for Owners’ personal items.
The St. Kitts Marriott Resort, which comprises the 393 key hotel, casino, Emerald Mist Spa, nine restaurants, Marriott Residences, Marriott Vacation Club, and other amenities, is situated on 37 oceanfront acres in Frigate Bay.
The St. Kitts Marriott Resort has been awarded Four Diamonds by AAA.
The Resort has a convenience store and 9 restaurants to which Marriott Residences Owners have access. There are also convenience stores and several restaurants within walking distance. A police station is located across the street from the main hotel. Basseterre is 10 minutes away by car and is where the main police station, hospital, and main shopping areas are located.
The developer of the Marriott Residences is Royal St. Kitts Beach Resort Limited (RSKBRL), the same company that built and owns the St Kitts Marriott Resort and the Royal Beach Casino. It is one of a group of companies owned by well-known Canadian developer Vic de Zen who has built a number of branded, large-scale resort properties and numerous commercial and industrial buildings across Canada. The St. Kitts Marriott Resort is the largest private employer on the island of St. Kitts.
RSKBRL is registered in the Federation of St. Kitts & Nevis.
The Residences were built pursuant to Marriott International construction guidelines, which are based on the International Building Code in effect at the time of construction (IBC2000).
The Residences are constructed of cast-in-place reinforced concrete walls and floor slabs and are designed to resist Category 5 hurricanes.
Electricity and water for the Residences are supplied by Royal Utilities Limited, the Marriott Resort’s privately-owned and operated power and water provider.
The services are extremely reliable and the power plant is backed up by a generator and government power. In 2012 electrical power for the entire property was in service for 99.994% of the time.
One non-reserved parking space is provided for each unit.
Currently, the Residences are being managed by the Developer, RSKBRL. Once RSKBRL sells 80% of the units, the Residences will be managed by a subsidiary of Marriott International, Inc. (“Marriott”).
It is anticipated that on or about January 1, 2014, RSKBRL will achieve its 80%-sold sales goal and Marriott will assume management responsibility for the owners’ association and the Residences.
Units are the private property of the owner and, as such, the Property Manager does not have the right to enter a unit other than for an emergency. Owners may enter into a Vacant Home Care agreement with the Property Manager, which will authorize the manager to enter and inspect the unit in the owner’s absence. If the Property Manager notices that repairs or maintenance need to be performed, the unit owner will be notified so that repairs or maintenance can be authorized. For items not under manufacturer’s or Developer’s warranty, repairs or maintenance will be charged at the same rates as for the rest of the neighboring Marriott property whenever possible.
The property management company does not engage in the sale of units, but may be able to provide a listing of local real estate brokers who can assist.
A St. Kitts passport currently allows the holder to travel visa-free to over 140 countries.
Yes, your baby will become a St. Kitts citizen by descent.
Education is free for citizens of St. Kitts & Nevis. The majority of expatriate children attend one of the several private schools on the island.
No, St. Kitts permits its citizens to hold citizenships in other countries.
Yes, there is a health system in place for St. Kitts citizens. Private medical care is modestly priced.
Yes, there are several universities in St. Kitts in which nearly 3,000 total students attend. The three larger schools are Ross University School of Veterinary Medicine, Windsor University School of Medicine, and University of Medicine and Health Sciences.
Although not required, each citizen is encouraged to obtain a social security number.
No, you will only receive an annual property tax assessment and bill.
Yes, there are many Chinese-owned and operated retail and restaurant businesses in St. Kitts.
Peak tourism season is from January to April. Approximately 900,000 tourists visit the island each year with 1/3 arriving by air and 2/3 by cruise ship.