Ottleys Plantation Inn

Development Opportunity

This is an opportunity to purchase a unique historic property, which was formerly considered one of the best boutique hotels in the Caribbean. The property comprises 24 rooms on approximately 34 acres of hillside land with panoramic views over the east coast of the island and the Atlantic Ocean. The historic Great House dominates the estate, located in the upper part of the site, bordering the rain forest. The expansive grounds below the Great House encompass the restaurant, bar and pool complex, two stone cottages, with five luxury villas located below. A five bedroom manager’s house is situated close to the main entrance to the property, which has been designed to allow separate occupation of the ground and first floors. In addition, there is a spa bungalow, laundry & warehouse, tennis court and a rainforest trail. The property has substantial development potential and we trust that an investor will save Ottley’s Plantation Inn.  

LOCATION

The 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 is accessible via an un-surfaced road off the Island Main Road about 15 minutes drive from the Robert L. Bradshaw International Airport. The site has dramatic views over the north-east coast, Atlantic Ocean and surrounding lands/mountain range. The adjacent islands of St Martin and St Barths are also visible on clear days.

THE HISTORY OF OTTLEY’S PLANTATION INN

The resort is named after the original owner Drewry Ottley, who arrived from Yorkshire in the 18th century to establish a sugar plantation. Over the years the house and estate has passed through various owners and was a private home when the Keush-Lowell’s family purchased it in 1988 and transformed the property into an exclusive inn. The original building was enlarged by adding a second storey, while maintaining the traditional style to create the Great House. In addition, various other improvements have been added over the years. However, the property was sold in 2017 and has been locked down for approximately four years. Therefore, the grounds are currently overgrown and the various buildings are in need of repairs, nonetheless the property is still one of the most attractive plantation estates in the Caribbean.

PROPERTY DETAILS

PROPERTY: Ottley’s Plantation Inn

LOCATION: Ottley’s, St. Kitts

HOTEL: 24 Rooms

LOT SIZE: 34.155 Acres

CONDITION:

The property was in pristine condition in 2017, however, it has been closed for approximately four years and the grounds are presently overgrown and the buildings require general repairs.

UTILITIES:

The hotel obtains water from a natural spring above the property, which provides excellent portable 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.

Development Potential:

Ottley’s Plantation Inn has substantial development potential and could with advantage be re-established as a luxury boutique hotel as it already has a recognized first class international reputation. Alternatively the site could also be utilized for the following purposes:

•     Prestigious Private Residence

•     International Medical University

•      Hotel & Marijuana Plantation

•      Luxury Gated Residential Community

•     World Class Health & Wellness Retreat

It should also be noted, that the hotel has old world charm and is a unique estate, surrounded by stunning vistas. The site is secluded but not remote and the Great House, together with the other Caribbean style buildings add to its general appeal, which makes it an idyllic property for tourism related development.

Plus, the hotel has been preapproved in principle by the St. Kitts Government for significant further expansion and qualifies for various tax concessions and the Citizenship by Investment Programme (CBIP).  

PURCHASE PRICE:

Reduced from US $7,500,000.00 to

US $4,500,000.00 for a quick sale

(Four Million five hundred thousand United States dollars).