4-Unit Apartment Building for Sale, Newcastle, Nevis

4-unit student apartment building for sale in Newcastle in the north of Nevis – designed with medical students in mind.

Student Accommodation for Sale in Nevis

Searching for commercial real estate in Nevis offering income-generating potential?

Seize the opportunity to invest in this lucrative student accommodation property on the picturesque island of Nevis.

This well-designed apartment building is perfectly tailored to meet the needs of medical students attending the esteemed Medical University of the Americas on Nevis.

Spacious and Comfortable Living Spaces

The apartment building comprises 4 tastefully designed units, providing a total of 6 bedrooms, with various layouts to suit individual needs:

• 2 x 2-bedroom apartments, each featuring double beds, en suite bathrooms, fully-equipped kitchens, cozy sitting rooms, in-unit laundry facilities, and private balconies/terraces for outdoor relaxation.
• 1 x 1-bedroom apartment, complete with a double bed, en suite bathroom, modern kitchen, comfortable sitting room, and laundry facilities.
• 1 x studio apartment, offering a double bed, en suite bathroom, functional kitchenette, and a convenient laundry cupboard.

Top-notch Amenities and Communal Spaces

The heart of this development is the inviting communal swimming pool, adorned with Nevis stone and surrounded by a gazebo, providing a serene space for students to unwind and socialize. Additionally, off-street parking is available for each unit, alongside a sizable storage room for added convenience.

Property Specifications

• Main building: 4,320 square feet
• Studio: 640 square feet
• Storage room: 100 square feet
• Swimming pool dimensions: 19′ x 34′ x 19′ x 6′

Attractive Rental Income Potential (USD)

• 2-bedroom apartments: $1,300 each
• 1-bedroom apartment: $750
• Studio apartment: $700

Eligible for Citizenship by Investment

This property is approved under the private home scheme for St Kitts & Nevis Citizenship by Investment, presenting an excellent opportunity for investors seeking dual benefits of real estate investment and a pathway to citizenship in a beautiful Caribbean nation.