It is very much a city of two halves: Downtown Kingston, which is the setting for its historic buildings, banks and street markets, and New Kingston, which is home to the city’s best restaurants, hotels and upscale residential areas.
The city is currently experiencing a boom in property and construction as the Kingston real estate market benefits from a strengthening economy, a surge of investment in new developments, infrastructure improvements, a reduction in interest rates stimulating the mortgage market and investor awareness of the returns to be made from the rising demand for short term rentals.
Much of the new development is focused on areas in New Kingston and includes new construction condominium complexes, apartment developments and condo hotels.
So, for buyers thinking of investing in condos in the capital, here are 7 new apartments for sale in Kingston, Jamaica to kick off your search.
Kingston 10 – From US $135,000
Hotel room investment is a relatively new and emerging real sector in the Caribbean. With the growth of business travel and cultural tourism to Jamaica’s capital, these hotel rooms for sale represent one of the city’s most exciting investment opportunities. The hotel rooms are located within the first corporate extended stay hotel in New Kingston – the nation’s business capital. Investors can choose from a selection of 1 and 2 bedroom units all of which enjoy access to the hotel’s full suite of amenities. Given the focus on business travelers, the hotel also offers services from voice, video and teleconferencing services to high speed internet connectivity. The units are forecast by the developer to generate returns up to approximately 7%.
Read more: Condo hotel rooms for sale in Kingston 10
Kingston 8 – From US $145,000
Located on Long Lane in Kingston 8 just 5 minutes from the Manor Park shopping area, these condos are situated within a development of 48 exquisitely designed units. Set in landscaped gardens, the development benefits from amenities including a pool area with facilities for entertaining (including 2 gazebos – 1 with a BBQ area).
Read more: Condos for sale in Long Lane, Kingston 8
South Avenue, Kingston 10 – From US $171,000
Located on South Avenue in Kingston 10, this apartment complex is located within easy reach of the city’s major shopping centers, restaurants and night life, hotels, entertainment, the business district of New Kingston and other amenities. Choose from 1, 2 and 3 bedroom units, with floor to ceiling glass walls offering views of Kingston Harbor and the sea to the south or the foothills of the Blue Mountains to the north.
Read more: Condos for sale in South Avenue, Kingston 10
Musgrave Avenue, Kingston 5 – From US $180,360
Forming part of a landmark new apartment development adjacent to the Golden Triangle on Musgrave Avenue in New Kingston, these condos are within easy reach of various amenities, restaurants, shops, hospitals and educational institutions. Best of all the condos have access to a superb collection of amenities, including a large entertainment area with pool, club house with fitness center, tennis court, all-purpose court, kids play area and parking.
Kensington Crescent, Kingston 5 – From US $183,809
This gated development of 40 apartments is located in a prime spot in New Kingston. A selection of formats are available to purchase ranging from 1 to 3 bedroom units. With a roof-top deck with pool, club house, gym and entertainment area, buyers can enjoy an amenity-rich lifestyle. The development also benefits from secured access, covered parking, and 24 hour security.
Mayfair Avenue, Kingston – From US $200,723
These condos are located within a small, family-friendly gated community on Mayfair Avenue at the foot of Red Hills in Kingston. Nestled into the hillside, the apartments offer wonderful views across the city. Choose from a selection of 2 and 3 bedroom units.
Read more: Condos for sale in Mayfair Avenue, Kingston
Millsborough Avenue, Kingston 6 – From US $320,000
Situated in sought after Kingston 6, these apartments are part of a prestigious new build residential development. The property features just 17 units for sale including both villas and apartments. With a pool, clubhouse and security on hand, this upscale apartment development offers the opportunity of a great lifestyle in the heart of Kingston.
Finding Your Perfect Property in Kingston, Jamaica
So, whether you’re looking for a compact studio or a sprawling penthouse, there are plenty of options to consider from across Jamaica’s capital.
For details on all these condos and apartments in Kingston plus many others, contact 7th Heaven Properties, the Luxury Caribbean Property Specialist.
To discover more, explore condos for sale in Kingston, Jamaica on our website and find your perfect apartment in Kingston, Jamaica with 7th Heaven Properties.