The St. Kitts & Nevis Mortgage & Investment Company Ltd's real estate portfolio
consists of properties which have been
held for sale by its parent company, the St. Kitts-Nevis-Anguilla National
Bank Ltd. In some instances the properties will be sold without
improvements once they meet the company's standard of quality. In others
cases, the company will make the necessary renovations to
ensure customer satisfaction. MICO will also complete
unfinished projects before making them available for sale.
MICO also purchases land from its parent company which has been
repossessed and held for sale. Some of this land, along with land bought
in the primary market, is developed to provide high quality,
competitively priced residential accommodation. MICO’s development projects provides an excellent opportunity for
investment. The company's
development projects will offer investment opportunities through the
issuance of Mortgage Certificates and Bonds.
Property & Construction Management
MICO offers a service as Construction Manager for Bank customers,
primarily those living abroad. The company keeps a watchful eye to
ensure that the project is built to specification and contract. On
completion of these projects, MICO provides a management service to
these clients and others seeking to have their properties maintained and
administered in their absence.
MICO we will also facilitate, oversee and manage the construction of
your home in your absence while ensuring that everything is done within
budget, on schedule and to the required specifications. We will also
ensure the reliability and reputability of both the architect and the
contractor involved in the project. The company will take all the
necessary steps to ensure that our customers can stay overseas and have
their homes built in St. Kitts with the full confidence that it will be
done professionally and to specification.
Customers who purchase property from MICO have the opportunity to place
this property in a rental pool that is administered by the company. This will
allow customers to have a steady income, along with dependable, timely
and professional management of their properties. This also has the added
advantage of providing excellent utilization of good financial reporting
and asset security.