The recreational lifestyle, easy access to global social and business networks along with unique business opportunities make the Caribbean increasingly popular with ultra high net worth individuals. Currently, 1,155 ultra high net worth individuals live in the Caribbean. This number is expected to increase as luxury home prices are currently more favorable than in other markets popular with the super rich.
So which Caribbean destinations are currently popular? Well according to Rick Moeser, Senior Vice President at Christie’s International Real Estate, “based on recent sales activity, the top 5 Caribbean destinations for luxury home purchases are: 1) St. Barth’s, 2) Barbados, 3) Turks & Caicos, 4) Bahamas, and 5) Virgin Gorda, the second most populous of the British Virgin Islands.”
In terms of style, Moeser goes on to indicate that “barefoot luxury is in most demand. This can be a simple Balinese style (The Sanctuary) or sleek contemporary (VILLA SIX) or old school luxury (One Sandy Lane). ” Whatever the style, all the properties have luxuriously casual surrounding with hardwood floors and fine linens. Plus they have the amenities you would expect at a 5-star spa.
Beyond the style of property, Moeser further indicated that “most buyers are looking for luxury homes that they can rent when they are not enjoying the property themselves.”
With that in mind, below we list based on asking price, 5 luxury homes currently on the market in these top Caribbean destinations.
1) St Barths Property: VILLA SIX Pointe Milou
Asking Price: US$9,256,143
Key features of VILLA SIX Pointe Milou include:
– Contemporary villa built with the highest quality materials
– Designed by Olivier Dain with an open-plan living area
– Three bedrooms with en suite bathrooms
– Infinity pool surrounded by a landscaped garden and panoramic ocean views
St Barths: VILLA SIX Pointe Milou. Photo: ©Christie’s International Real Estate.
2) Barbados Property: One Sandy Lane
Asking Price: US$19,000,000
Key features of One Sandy Lane include:
– Eight sumptuous residences ranging in size from 8,500 to 10,000 square feet
– Meticulously designed to ensure that each individual residence is as independent as possible and benefits from maximum privacy
– Sunset terrace restaurant, gym, massage room, pool, beach, 24-hour concierge services, and office services
– Close to restaurants and amenities of one of the most distinguished hotels in the world – Protected by vigilant but discreet security
Barbados: One Sandy Lane. Photo: ©Christie’s International Real Estate.
3) Bahamas Property: Paradise Island – Lavish Lifestyle
Asking Price: US$20,000,000
Key features of Paradise Island -Lavish Lifestyle:
– House meticulously built, maintained and offered fully furnished.
– Six bedrooms and ten full baths and 17,000 square feet
– Positioned on a substantial lot size of nearly one acre (41,271 sq ft)
– 153+ lineal ft of sea frontage with dock facility including power and water for two yachts
– Close to restaurants and amenities of one of the most distinguished hotels in the world – Protected by vigilant but discreet security
Bahamas – Paradise Island: Lavish Lifestyle. Photo: ©Christie’s International Real Estate.
4) St Barts Property: Villa RKK Petite Saline
Asking Price: €20,000,000 (approximately US$22,400,000)
Key features of Villa RKK Petite Saline include:
– More than three-acre compound overlooking Lorient Bay
– Main villa with open-plan living area
– Infinity pool with panoramic ocean views
– Guest house with two bedrooms and bathrooms; two additional bedrooms positioned amid the garden
– Garage, gym, and tennis court
St Barths: Villa RKK Petite Saline. Photo: ©Christie’s International Real Estate.
5) Turks & Caicos Property: The Sanctuary
Asking Price: US$39,000,000
Key features of The Sanctuary include:
– Seven-acre beachfront property on Parrot Cay of the Turks and Caicos Islands
– Private island retreat of internationally acclaimed fashion designer Donna Karan
– Direct beachfront and unparalleled panoramic views of the island’s pristine surroundings
– Designed by Cheong Yew Kuan, a world-renowned Singapore architect, and completed with New York’s Bonetti/Kozerski Studio
– State-of-the-art kitchen pavilion, yoga pavilion, staff quarters, and storage pavilions
Turks & Caicos: The Sanctuary. Photo: ©Christie’s International Real Estate.
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