Exceeding Expectations: The Villas at Pinney’s Beach in St. Kitts and Nevis
The demand for luxury in St. Kitts and Nevis is being met by The Villas at Pinney’s Beach on the Four Seasons Resort Nevis, with rental rates of up to 70% higher than the original expectation being achieved.
The developer originally predicted rentals at between USD 5,000 and USD 6,000 per night. The Villas at Pinney’s Beach have since achieved a per night rental rate of up to USD 8,500.
Furthermore, the Villas have achieved a 100% occupancy over the 2015 to 2016 period with a waiting list of four families deep in some instances. Rates are expected to increase over this period, as the demand for a new level of luxury on Nevis is overwhelming, as benchmarked by the Four Seasons Resort.
Close to 80 of Henley & Partners’ clients selected these fractional villas as their qualifying citizenship investment. A limited 60 fractions remain on offer. Henley & Partners has proudly secured these at their original launch pricing from the developer. Current pricing is USD 472,200, inclusive of all purchase fees and taxes, and an upkeep allowance to cover approximately the first five years of holding costs.
“As expectations are starting to be realized, it is rewarding to know that the guidance and information we shared with clients on this project is holding true. As we hoped, by aligning ourselves with the most luxurious brands in the world such as the Four Seasons Resort Group, we can be confident that our clients will be happy with the outcome,” says Andrew J. Taylor, Group Vice Chairman of Henley & Partners.
The Villas at Pinney’s Beach are situated on the Four Seasons Resort in Nevis, the only fully operational five star resort in the Federation of St. Kitts and Nevis. Set between the Robert Trent Jones II golf course and the south border of the Resort, the Villas at Pinney’s Beach are the newest and the closest residences to the ocean.
Further information is available on www.pinneysbeach.com