Sotheby's International Realty Expands In The Caribbean As Interest And Growth Rises
Welcome St. Kitts & Nevis Sotheby’s International Realty!
With the inauguration of Sotheby's International Realty in St. Kitts and Nevis, Sotheby's International Realty is increasing its footprint in the Caribbean. The acquisition marks the brand's continuous expansion in the Caribbean, bringing the total number of offices in the region to roughly 30. The announcement comes at a time when the Caribbean market is booming, thanks to rising interest in second homes and investment properties fueled by the ability to work remotely.
St. Kitts and Nevis is an island nation in the Caribbean. Neil Paine is the owner and operator of Sotheby's International Realty. The company, which is located in Belmont Garden, Nevis, and will serve the twin islands of St. Kitts and Nevis, has more than 25 years of real estate experience.
"The Caribbean continues to generate significant growth and interest," said Philip White, president and CEO, Sotheby's International Realty. "Many of our existing affiliates in the region have reported record-breaking sales volume and history-making average sales prices in 2020 and the first quarter of 2021. St. Kitts and Nevis is a dual-island Caribbean destination, often considered a hidden sanctuary, that is seeing its luxury market expand due to increased interest from ex-pats, pre-retirees, high-net-worth individuals, high-profile athletes, and investors, thanks to its golden visa program. We look forward to supporting Neil and the entire St. Kitts & Nevis Sotheby's International Realty team."
"When someone asks us to list their home or to help them find their dream property, they are inviting us to partner in a powerful step in their future," said Paine. "The incredible topography and landscape of the islands is what defines the real estate market in St. Kitts and Nevis and luxury buyers have a tremendous opportunity to select from beachfront properties or mountainside estates, set in lush rainforest environments. Our affiliation with Sotheby's International Realty enables us to give St. Kitts and Nevis the exposure and attention that it deserves."
Sotheby's International Realty of St. Kitts and Nevis is a member of the non-profit organization Siembra Vida, which works to lift vulnerable communities in the Caribbean and Latin America through farm-to-table experiences.
The opening of Sotheby's International Realty in St. Kitts and Nevis is in line with the brand's strategic growth objectives for the Caribbean and comes on the heels of the brand's recent expansion in Antigua and Barbuda late last year.
Sotheby's International Realty® has over 24,000 affiliated independent sales associates in roughly 1,000 offices in 74 countries and territories throughout the world. Sotheby's International Realty listings in St. Kitts and Nevis are advertised on the global website sothebysrealty.com. The firm's brokers and clients will benefit from an association with the Sotheby's auction house and international Sotheby's International Realty marketing programs, in addition to the referral potential and increased visibility generated by this source. Each office is run and owned individually.