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Historic Hotel for Sale, Ottley’s, St Kitts

St Kitts, St Kitts & Nevis

Property ID: 72307

Unique opportunity to purchase the historic Ottley’s Plantation Inn – formerly considered one of the Caribbean’s best boutique hotels.

Historic Boutique Hotel for Sale in St Kitts

This is a fantastic opportunity to acquire the historic Ottley’s Plantation Inn, which was formerly considered one of the Caribbean’s best boutique hotels with a recognized first class international reputation.

Originally owned by Drewry Ottley who arrived from Yorkshire, England in the 18th Century to establish a sugar plantation, the property has since changed hands various times until being converted from a private home to an inn by the Keush-Lowell family in the 1980’s.

The property has been locked down for approximately 4 years and the grounds and various buildings are in need of general repairs.

Nevertheless, the property remains one of the most attractive plantation estates in the Caribbean.

Tremendous Investment Opportunity

Offering tremendous development potential, the hotel could be re-established as a luxury boutique hotel or could be converted into a luxury residential gated community, a world-class health and wellness retreat, an international medical university or a one of a kind private residence.

The hotel has been pre-approved in principle by the Government of St Kitts & Nevis for significant further expansion, various tax concessions and the Citizenship by Investment Program, offering the potential for a very high ROI.

Existing Structures

Accessible via an un-surfaced road off the Island Main Road about 15 minutes drive from the international airport, this former hotel is located above the village of Ottleys on the lower slopes of Mount Liamuiga, approximately 500 feet above sea level on the island of St Kitts.

The property comprises several old world-style structures providing a total of 24 rooms on 34.155 acres of idyllic hillside land enjoying panoramic views over the north eastern coast of St Kitts, the Atlantic Ocean and as far as the adjacent islands of St Martin and St Barts on clear days.

The Great House

The estate is dominated by a historic great house which is located in the upper part of the site bordering the rain forest.

The great house was sensitively enlarged over the years to maintain the traditional style with the addition of a second storey. It now offers 8,500 square feet of living space, as follows:

  • Upper floor: 3,600 square feet
  • Ground floor: 3,600 square feet
  • Basement: 1,300 square feet

Additional Guest Accommodation

The grounds below the main house feature 2 stone cottages and 5 luxury villas as follows:

  • Cottage 1: 500 square feet
  • Cottage 2: 750 square feet
  • Villa 1: 975 square feet
  • Villa 2: 975 square feet
  • Villa 3: 1,050 square feet
  • Villa 4: 2,200 square feet
  • Villa 5: 1,050 square feet

The Manager’s House

A manager’s house is situated close to the main entrance to the property.

The manager’s house offers 2,168 square feet of living space with 5 bedrooms.

It been designed to allow separate occupation of the ground and first floors.

Amenities

The hotel also includes a restaurant, bar, pool complex, spa bungalow, tennis court and laundry & warehouse.

Utilities

Water is provided by a natural spring above the property, which provides excellent potable water.

The electricity supply is 25kva at 60hz with 440v/220v throughout and 110v supplied to sockets.

There is also an emergency generator located in a separate structure.

A guide to St Kitts & Nevis

  • Average asking price $1,755,053
  • % + or - average property price -31%
  • Property price range $135,000 - $16,000,000

Reasons to invest in St Kitts & Nevis

  • Well established Citizenship by Investment program offering the tax and travel benefits of full citizenship in exchange for an investment in approved real estate.
  • Highly attractive tax incentives - freedom from income tax, capital gains tax, inheritance tax and gift tax.
  • Flourishing real estate sector stimulated by the Citizenship by Investment program offering high quality luxury homes, beachfront apartments and hotel suites.