Description:

Paramin 1/6th Fractional Villa, Kittitian HillThis charming three bedroom villa offers convenience and exclusivity, with spacious living quarters featuring cathedral ceilings. This villa offers a spacious covered veranda leading out to a large open sun deck with an infinity-edge pool.This price is for 1 / 6th fractional ownership of the villa.Kittitian HillSet on a stunning 160 hectare (400 acre) hillside. Kittitian Hill is a master planned resort offering beautifully designed luxury villas and charming cottages. The resort offers panoramic views of St. Eustatius, Saba, St Martin and St. Barths, along with spectacular sunsets and dramatic views of the Caribbean Sea. Kittitian Hill will cater to the tastes of the most sophisticated residents and guests, with amenities such as: 18-hole championship golf course designed by Ian Woosnam Luxurious destination spa Kittitian Village with an excellent selection of dining and entertainment ; Bars Restaurants Duty free shops including Kittitian Rum Shop Art Gallery and Movie Screen Room Outdoor Ampitheatre; film festivals Fitness Centre - Work out at the state of the art fitness centre Infinity Edge swimming pool with magnificent views of St Eustatius Beach Club just 3 kilometres away with regular shuttle service The unique architecture, landscaping and interior design of Kittitian Hill is the work of world famous architect Bill Bensley, whose studio has been responsible for the design of many award-winning resorts worldwide.Sedona Resorts will manage the entire resort including; Cottage hotel Spa Rental programmes for the villas Sedona Resorts is an ultra-luxury spa and boutique hotel operator that created and manages the Mii Amo Spa in Sedona, Arizona. Mii Amo was voted as the number one Destination Spa in the World for 2009 by Travel and Leisure Magazine.Purchase OptionsCitizenship by Investment Purchase Option - Fractional Villa Owners Owners have option to place their property in the rental pool for 5 years Guaranteed income of 2% whilst the property is being build and funds in escrow 4% income p.a for 5 years Developer pays HOA fees, property taxes and property insurance Fractional villa owners entitled to 14 nights personal usa per annumLifestyle Purchase Option - Fractional Villa Owners Fractional owners may use the villa for up to 2 weeks during High season and 4 to 6 weeks during resort season based on the villa fraction chosen (1/6th or 1/8th) Rental pool provides owners the opportunity to earn income from the rental of the property Rental income from fractional villas is pooled and split 50 / 50 between the owners (prorated) and the resort manager HOA fees are US$4.00 per square month and include all corporate admin, utilities, cable and internet, landscape, maintenance, reserves for external painting and roof, common area maintenance, security and management. HOA Fees are due biannually In addition to HOA Fees, 1/6th or 1/8th of the property insurance estimated at 1.15% and property tax at 0.2% of the value of the unit is payable annually Membership of the Kittitian Hill Golf and Tennis Club mandatory US$2,100 per annumPREFERRED RESIDENCE EXCHANGE PROGRAMME INCLUDED FOR PURCHASERS