Ocean's Edge on St Kitts entering 3rd Phase

2009-10-12 00:57:45 by

At Ocean's Edge Resort on St. Kitts, you can buy a freehold vacation property overlooking the ocean from the mid-$300,000. When many resort developments are being delayed or cancelled altogether due to global economic crisis, construction and sales at Ocean's Edge are progressing well, with homes already handed over to owners. With the first two phases nearing completion, the development team is ready to commence the next phase this Fall.

This new phase features interesting revisions to the approved master-plan, including a large-scale pool area in the center of the resort and the addition of two- and three-bedroom Poolside Cottages and three-bedroom beachfront penthouses to the residences offered.

Ocean's Edge, a resort development with plans for 190 condominiums and 32 villa lots, is just about sold out of its first two phases with the construction of these phases slated for completion by the end of October 2009. Several of the completed homes are already being rented out as Ocean's Edge is offering an interim rental-management program, which provides rental and property management services to owners whose properties are completed prior to the resort operator coming on board. This program is fulfilling the growing demand on the island for rental accommodation.

The updated master-plan at Ocean's Edge sees the introduction of 48 two- and three-bedroom Poolside Cottages. In Phase 3A, the two-bedroom Poolside Cottages are available and these single-story, semi-detached homes include two-bedrooms, two bathrooms, private plunge pool and garden. The three-bedroom Poolside Cottages in a two-story layout will be offered in Phase 3B. Reservations are currently being accepted on the first 10 two-bedroom Poolside Cottages at a special introductory price of $499,000 - a savings of $26,000 from the regular price of $525,000.

Read more at the RealEstate Channel, and contact a Coldwell Banker agent for information on reserving your unit at Ocean's Edge.