Commercial property in Basseterre, Saint Kitts and Nevis No. 61475
ID61475
$ 4 200 000
Property description
St. Kitts Nevis achieved a record milestone in 2019 of having one million plus cruise passengers grace its shores. The vast majority of which flowed through Port Zante and Downtown Basseterre.The Bayview Development is ideally situated less than a 5 minute walk from the cruise pier in Port Zante, a perfect setting for maximizing an ever-increasing visitorship and growing residential and commercial market.
The development allows for a synergetic mix of living accommodations and business units. A pragmatic hybrid arrangement that would certainly make this development an attractive option for those seeking either or both.
The land size is just over half an acre at 26,539 square feet, where the design also allows for adequate parking for tenants. It is also ideally situated across a main Bay Road from a parking area.
As the population and occupancy of Basseterre continue to rise, there is a continued need for living and business spaces. The Bayview Development would be a timely investment that can capitalize on the increasing demand.
The selling price is US$4,200,000.00 with some room for negotiation.
Basseterre - Statistics
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Parameters | Basseterre |
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Rent Per Month | |
Apartment (1 bedroom) in City Centre | $ 700.00 |
Buy Apartment Price | |
Price per Square Meter to Buy Apartment in City Centre | $ 5 000.00 |
Price per Square Meter to Buy Apartment Outside of Centre | $ 4 000.00 |
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Parameters | Basseterre |
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Crime Index | 20.22 |
Traffic Commute Time Index | 15.00 |
Restaurant Price Index | 72.86 |
Property Price to Income Ratio | 20.27 |
Climate Index | 70.73 |
Safety Index | 79.78 |
Traffic CO₂ Index | 3990.00 |
Traffic Inefficiency Index | 39.67 |
Traffic Index | 88.34 |
Groceries Index | 57.73 |
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Parameters | Basseterre |
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Restaurants | |
Meal, Inexpensive Restaurant | $ 22.20 |
Meal for 2 People, Mid-range Restaurant, Three-course | $ 92.51 |
McMeal at McDonalds (or Equivalent Combo Meal) | $ 13.98 |
Domestic Beer (0.5 liter draught) | $ 2.22 |
Imported Beer (0.33 liter bottle) | $ 4.35 |
Coke/Pepsi (0.33 liter bottle) | $ 2.04 |
Water (0.33 liter bottle) | $ 2.28 |
Cappuccino (regular) | $ 3.70 |
Markets | |
Milk (regular), (1 liter) | $ 3.22 |
Loaf of Fresh White Bread (500g) | $ 4.07 |
Eggs (regular) (12) | $ 5.99 |
Local Cheese (1kg) | $ 11.01 |
Water (1.5 liter bottle) | $ 1.57 |
Bottle of Wine (Mid-Range) | $ 18.50 |
Domestic Beer (0.5 liter bottle) | $ 2.51 |
Imported Beer (0.33 liter bottle) | $ 2.96 |
Cigarettes 20 Pack (Marlboro) | $ 5.55 |
Apples (1kg) | $ 2.22 |
Chicken Fillets (1kg) | $ 12.40 |
Oranges (1kg) | $ 1.85 |
Potato (1kg) | $ 1.11 |
Lettuce (1 head) | $ 4.06 |
Rice (white), (1kg) | $ 2.96 |
Tomato (1kg) | $ 1.46 |
Banana (1kg) | $ 2.45 |
Onion (1kg) | $ 1.57 |
Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 4.81 |
Transportation | |
One-way Ticket (Local Transport) | $ 2.59 |
Utilities (Monthly) | |
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 100.00 |
$ 42.00 | |
Salaries And Financing | |
Average Monthly Net Salary (After Tax) | $ 1 110.06 |
Sports And Leisure | |
Cinema, International Release, 1 Seat | $ 6.29 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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Basseterre
Commercial property
2465.55 m²
- m²
- sq. ft
$ 4 200 000
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