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For a select few, there is a limited opportunity to qualify for economic citizenship and to enjoy the benefits of ownership at SEASIDE AT CLIFFDWELLERS through the fractional ownership program.


Included with Purchase

Eligibility of property for Federation's Economic Citizenship Program

Deeded Equity ownership, re-sellable after 5 years, which will re-qualify new buyer for economic citizenship again.

Complete Furnishings Package

Closing Costs for stamp duty, conveyance and survey fees.

Five Years' Operating Expenses for condominium fees, insurance, property taxes and maintenance.

Comprehensive Management Services

Periods of Exclusive Designated Use for personal enjoyment or rental income.

Partial Ownership of a freestanding, luxury villa in a highly-desirable community perfectly located on seafront with on-site security and wonderful views.


Details of Purchase:

Economic Citizenship:
Buyers are eligible for the Citizenship by Investment Program offered by the Federation of St. Kitts and Nevis for economic citizenship and passports. If property is sold after five years, subsequent buyers may also apply for citizenship based under the program.


Equity Ownership
The ownership by the company, organized solely to hold title to EACH residence, and its owners' shares, are registered in the Nevis Registry.


Five Years of Operating Costs Included in Purchase Price
Purchase price includes FIVE YEARS of the following operating costs: common area charges, insurance, real estate tax; building, pool, A/C and generator maintenance; cable TV and internet services; water; company and unit management. Charges for electricity, propane and housekeeping during owner's personal occupancy will be charged separately based on usage.


Rental Income
Rental income less expenses, which include rental commissions, rental management, utilities, and housekeeping, will go to the owner.


Exclusive Use
The fractional program provides periods of exclusive use to each shareholder. Residence 8 (four-bedroom villa) offers one-eighth fractional ownership which entitles each owner exclusive use for 6 weeks per year. Those weeks are chosen at the time of purchase. Residence 3 (two-bedroom villa) offers one-fourth fractional ownership which entitles each owner exclusive use for 12 weeks per year. Those weeks are selected at the time of purchase. Owners can enjoy the residence personally or derive rental income from it.



Choose between the elegant residences described below:


Residence 8

One EIGHTH Ownership -(Six weeks exclusive use)

Spacious two-storey, West Indian-style villa. Stunning views. Huge master bedroom suite and two guest bedrooms with en suite baths and central air conditioning. Gracious stair hall. Library/fourth bedroom. French doors to a private landscaped courtyard with spa pool. Loggia leading to a private poolside sundeck. Shared 80-foot free-form pool. Upper floor great room and dining room with cathedral ceilings opening to screened and louvered 44-foot-long verandah. Custom crafted kitchen and wet bar w/Caesar stone or granite countertops, stainless steel appliances. Pantry. Powder room on each level. Laundry. Cistern and self-starting generator. Designated parking. Beautifully furnished and fully equipped for gracious living. Beach access. On-site management.


Total Living Area: 4,105 square feet.


FRACTIONAL SHARES FROM USD$400,000 to $425,000




This is a preliminary description of the project. For full details, contact:


SUGAR MILL REAL ESTATE

SEASIDE at Cliffdwellers
Nevis, West Indies
869-469-1093
nevishouses@gmail.com