Full Description
Atlantic Apartments presents an outstanding investment opportunity in St. James Parish, Nevis, ideally positioned to benefit from the strong demand for rental accommodation generated by the nearby University of the Americas. Offering multiple income streams, flexible purchase options, and room for future expansion, this property is well suited to investors seeking an established Caribbean rental property.
Built in 1998, the apartment complex comprises three self-contained apartments arranged within one building. Two spacious two-bedroom, one-bathroom apartments are located at either end of the building, while a one-bedroom, one-bathroom apartment occupies the centre, providing a total of five bedrooms and three bathrooms. Each apartment offers comfortable accommodation and is fully furnished, making the property ready for immediate occupancy or rental.
The apartments feature air-conditioned bedrooms, covered porches, and laundry facilities with recently purchased washing machines and are connected to essential utilities, including water, electricity, internet, cable television, and a cistern. The generous one-acre property provides additional space with potential for future development or expansion, subject to the necessary approvals.
Located in the peaceful community of St. James Parish, the property enjoys a strategic location close to the University of the Americas, making it particularly attractive to students, university staff, and long-term tenants. This consistent source of rental demand enhances the property's income-generating potential and long-term investment value.
Buyers can choose from three purchase options:
Entire property: Apartment building on 1 acre – US$580,000 (reduced from US$600,000)
Apartment building on 0.5 acre – US$500,000
0.5-acre parcel of land only – US$80,000 (reduced from US$100,000)
Whether you're looking to expand your investment portfolio, generate steady rental income, or secure a Caribbean property with future development potential, Atlantic Apartments offers an exceptional opportunity in one of Nevis' established residential communities.
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