SKN Real Estate Market & Values
St. Kitts and Nevis was voted in the top 10 destinations "where the best place to buy is now" by Robb Report (an American wealth magazine) in December 2008. Overall prices, compared to other Caribbean Islands, are still low and therefore provide substantial room for capital appreciation.
The St. Kitts and Nevis government does not provide exact property sale values, but based on figures from the St. Kitts and Nevis department of Inland Revenue, we have estimated that average capital appreciation between 2008 and 2009 was 9%.
The last 5 years in St. Kitts suggests an overall significant capital appreciation. We estimate the increase in average sales values from 2005 to 2009 was 98.1%. This increase over five years represents an average of 19.6% per year.



