St. Kitts and Nevis Real Estate Market and Values
St. Kitts and Nevis has only recently diversified from the sugar industry to high-end tourism, becoming one of the Caribbean’s most luxurious and popular destinations.
Once the current new developments under construction are completed, St. Kitts and Nevis will offer a range of properties, from exclusive 5-star cottages to lifestyle amenities on the super yacht marina.
Overall real estate prices in St. Kitts and Nevis remain low compared to other Caribbean islands, and provide substantial room for capital appreciation. Our due diligence has found that between 2009-2012, apartment values gained from between 5%-9% per annum, and select pre-construction resort investments increased betwen 7% - 12% per annum during the same time period. These figures are based on 238 transactions during this period.
Henley & Partners is the only firm to conduct an annual survey on the St. Kitts and Nevis property market values and monitor the property market appreciation. The latest data indicates an acceleration in property appreciation when comparing it to recent Department of Inland Revenue statistics.