Ocean-View Two-Bedroom Beachfront Residence
A completed freehold apartment in a managed beachfront resort community at Frigate Bay, on Saint Kitts. Because it is finished rather than pre-construction, you can walk the actual unit, meet the people who run the building and read the accounts before you commit. It suits a buyer who wants Saint Kitts & Nevis citizenship and would rather end up holding an asset than writing a cheque that leaves nothing behind, and who will genuinely use a compact two-bedroom part of the year.
What you own
Freehold title to the apartment itself, plus a share of the common parts, inside a managed resort. You do not set the operating budget that produces your service charge and you do not choose the manager. That is the ordinary trade in a resort condominium, provided you read the governing documents before you sign rather than after.
On the citizenship route the Citizenship by Investment Unit sets a US$325,000 minimum for a condominium unit, against US$600,000 for a single-family dwelling, and bars resale for seven years. Approval is project- and unit-specific, so I want written confirmation from the Unit's side that the development is currently approved and this unit qualifies before a deposit moves. Get the building, floor and unit number into the offer, and establish what consents a non-citizen buyer needs, who obtains them and who pays. Program mechanics are set out on the Saint Kitts & Nevis page.
The honest cost of holding it
Residential property tax runs at 0.2% a year on the building value after a fixed deduction, on a value the Inland Revenue Department assesses itself. Bills fall due on or before 30 June, and late amounts carry interest of 1% a month. Check the class: the department also operates an accommodation class charged at a higher rate, and a unit sitting in a short-term rental program is not automatically residential in its eyes.
The rest is negotiated rather than published, so I get it in writing before a client signs — the actual annual service-charge budget for this unit with two years of audited accounts, the master insurance policy with its windstorm deductible and rebuild sum insured, the sinking-fund balance, twelve months of real electricity bills, and stamp duty, transfer charges and who bears them. See costs, timelines and due diligence.
This property qualifies for the Saint Kitts & Nevis Citizenship by Investment program.
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Interested in Ocean-View Two-Bedroom Beachfront Residence?
Book a private call with Dan to explore availability, ownership options and eligibility.
Book a Private CallDan Merriam & Associates acts for the buyer. Our advice is independent, not contingent on any sale, and we hold no brokerage or developer mandate.
Frequently asked questions
What does the citizenship application cost on top of the purchase price?
Due diligence is US$10,000 for the main applicant and US$7,500 for each dependant aged 16 or over. Post-approval government fees are US$25,000 for the main applicant, US$15,000 for a spouse, US$10,000 for a qualified dependant under 18 and US$15,000 for one aged 18 or over, plus compulsory insurance-fund contributions and conveyance fees on the real estate route. Legal, agent and processing fees are quoted at application; I give you a single all-in figure before anything is signed.
Can I rent it out?
Yes, short or long term, and the community has on-site management, which is how owners here normally put a unit to work. I will not print a yield, because there is no published occupancy or rate history for this unit type. Ask the operator for two years of actual occupancy and average daily rate, the revenue split and which costs sit on your side, your owner-use nights, and whether you may let independently.
How long do I have to hold it?
Seven years, if the purchase supports a citizenship application. A unit resold inside that period will not support a further citizenship application unless Cabinet accepts that substantial additional investment was made through construction or renovation, which narrows your buyer pool sharply if you need out early.
What is the catch?
Two things. Your eventual resale competes with new approved inventory starting at US$325,000, so buy at a price that survives that comparison. And for Americans: a second citizenship changes your travel, not your tax. The IRS taxes US citizens on worldwide income wherever they live, and renouncing is the only exit from that — a step with serious consequences that should never be taken for a property purchase. More for American buyers.











