- Listing Type: Apartment
- Location: Falmouth Harbour
- Bedrooms: 1
- Bathrooms: 1
- Views: Falmouth Harbour
South Point is a contemporary new development situated in the hub of the Antigua yachting community in Falmouth Harbour. South Point was established as a condo hotel for holidaymakers who want to own real estate in Antigua, without the hassle of maintenance.
For those unfamiliar with the term ‘condo hotel’, South Point operates like any other luxury hotel in that a high standard is maintained throughout, luxury amenities are provided for all guests, and full time staff are employed to manage the property. While all 1-Bedroom Deluxe Suites are identical in style and layout and rented as hotel rooms, some are privately owned. Likewise, the 2-Bedroom Penthouse Suites operate in a similar manner, though only 1 Penthouse is open to hotel guests.
With its exclusive waterfront location and first class concierge services, South Point is the epitome of stylish Caribbean living. The development offers twenty-three high end residences which feature open-plan layouts combining sleek Italian designs with a tropical twist of the island – equipped with kitchen, comfortable living area, spacious terraces, a full complement of modern furnishings and a view of the most incredible yachts in the world.
A total of five residential buildings house the 20 one-bedroom apartments and 3 two-bedroom apartments. One-bedroom units are approximately 1100 sq ft each, while the two-bedroom apartments are 2300 sq ft. Apartments are fully furnished to impeccable standards, complete with Italian kitchens and bathrooms, European appliances and lighting, and full complement of linen and furnishings. Amenities and facilities include, restaurant, lounge, concierge, beach, swimming pool, fitness center, docking, Wi-Fi Internet access, cable TV, serviced laundry a well as room, beach and pool service. Ideally situated at Falmouth Harbour, South Point is within walking distance of some of the island’s most popular bars, restaurants and cafés, beaches, shopping, and sports facilities.
South Point offers its residents all the amenities of a four-star hotel, with an option to participate in the Condo Hotel Rental Program which offers owners the opportunity to earn rental income when their apartment is not in use. The developer estimates a 5% return on investment annually.
In addition to the rental income generated by the hotel, owners who participate in the Condo Hotel Rental Program enjoy 42 personal nights use for themselves or their guests per annum. Because the property is managed as a hotel, owners avoid the usual hassles of international holiday home ownership. Imagine visiting Antigua and not having to spend half your vacation worrying about maintenance; that’s what it means to be a South Point real estate owner.
Benefits Of Ownership
- No surprises on arrival – everything will be exactly as you left it – and how you bought it
- No general upkeep, e.g. painting, replacing old bulbs
- No pool maintenance
- No landscaping to attend to
- No security concerns – especially important while you’re away
- A turn-key, fully-furnished and stylishly decorated beachfront vacation home
- Pool and beach service
- 24hr security and concierge staff to assist as needed
- Access to a state of the art fitness centre (estimated completion November 2016
- Access to daily housekeeping and on-site waterfront dining (additional charges apply)
In addition to the above, the South Point real estate program affords the ability to make additional rental income – without spending any personal time on the required marketing, managing, or provision of on-site services. In fact, the ultimate goal of South Point is to deliver an attractive return on investment to individual unit owners, while providing short-term hotel guests a premium room in a high-profile community.
The most popular word in Real Estate is ‘Location’ – and South Point real estate does not disappoint. The property is adjacent to the Yacht Club Marina at Falmouth Harbour and within walking distance of the world’s only surviving Georgian dockyard at English Harbour. Built to cater specifically to the mega-yachts, with dockage for vessels up to 330’ with a draft of up to 20’ both stern-to and alongside, the Falmouth Harbour Marina is a particularly popular destination.
Together, these two internationally renowned marinas are visited by some of the finest yachts in the world and are also home to three of Antigua’s most popular events and great attractions; Antigua Sailing Week, held at the end of April through to May; Antigua Classic Yacht Regatta in April, and the Antigua Charter Yacht Show in December. Each event attracts thousands of visitors to the area each year.
Located in the hub of Falmouth Harbour close to excellent restauarants and bars, a short stroll away from the historic English Harbour.
The capital St Johns is a 30 minute drive away and the VC Bird International airport a 45 minute car journey.