Ocean's Edge Resort Construction Continues on Schedule

2009-04-25 02:06:54 by

The first two phases of construction on the resort-like development of Ocean's Edge are progressing, according to the developer, and the sales center has started on a phase two round of sales.

The interim rental program is doing well with most available phase one units currently rented out on long-term stays. In fact, a representative for the developer told the Real Estate Channel that St. Kitts appears to have created a lot of future demand for long-term accommodations due to a number of universities on the island, including medical, nursing and vet schools that are attracting a growing number of students and professors.

Ocean's Edge has plans for 170 condos and 23 custom villa units at build out.

Property prices range from $359,000 for 1-bedroom beachfront units to more than $1.4 million for the custom lot/villa home packages. Among the 15-plus units now open are 2-bedroom hillside units with private plunge pools, priced from $575,000, and some 1-bedroom beachfront condos.

Ocean's Edge is a 40-acre resort development overlooking Frigate Bay and adjacent to the popular Royal St. Kitts Golf Club, one of the few courses in the Caribbean with views of both the Atlantic Ocean and Caribbean Sea. A variety of leisure and entertainment facilities are planned, including a clubhouse, fitness centre, restaurants, pools and tennis courts.

(resource: RealEstate Channel Luxury Resort & Real Estate News)