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Lots in St Peter's on St Kitts Available
2009-08-15 21:50:07 by
240 house lots in the St. Peter?s area of St. Kitts are now available for purchase under the Special Land Distribution Initiative (SLDI).

The lots, which form part of the White House Garden Housing Development project, are being offered at a starting price of $2.95/SF. They range in size from 6,000 to 9,000 SF and occupy 49.5 acres of land.

According to a Post-Cabinet briefing dated August 12, the release of these lots is in response to the ?ever-increasing demand? for lots of residential purposes. Yesterday?s briefing also revealed that 118 land lots were released in Newtown Ground and the villages of Boyds and Keys. The SLDI was launched by the government in August 2007 to provide 5 000 house lots to nationals of St. Kitts and Nevis.

Individuals receiving allocations of lots under the SLDI are required to make a down payment of $100, after which a moratorium of two years is granted. Within the past year, house lots have been made available in several communities, including Lodge, Sandy Point, St. Paul?s and Dieppe Bay.

(resource: SKNVibes)

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