The Latest in Luxury Resort & Real Estate News

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St. Kitts' Ocean's Edge Resort Completes First Villa Home

(FRIGATE BAY, ST. KITTS) -- Property owners at Ocean's Edge Resort will soon be enjoying the luxury community's first completed villa. Located on the eastern Caribbean island of St. Kitts, 180 feet above sea level, this 4,500 square-foot luxury villa includes three bedrooms plus a guest house pavilion and a 25-foot long infinity edge pool.

The villa, with its three terraces, offers spectacular views to the Atlantic Ocean, Caribbean Sea, the Royal St. Kitts Golf Course and St. Kitts' lush landscape of mountains and rainforest.

According to the owners of the villa, the new vacation home has more than lived up to their expectations so far and they're "blessed with the stunning views. " The villa itself is built to a very high standard and all the fixtures and fittings are by quality branded manufacturers. The property owners also remarked that the investment was designed to help them "escape the harsh British winter and, as luck would have it, an extra bonus is that we have missed the worst winter in some 30 years."

Robert Scott, Regional Director at Ocean's Edge said: "This is an exciting milestone for Ocean's Edge, and we are proud to have completed and handed over the finished product to our esteemed villa owners.  The vision is now a reality, and we are thrilled."

Ocean's Edge is being designed to meet the standards of Green Globe 21Benchmarking program, the only globally recognized brand that assures commitment to improved environmental and social outcomes for a more sustainable travel and tourism industry.  The designs also fully comply with Miami-Dade Hurricane certification. 

Ocean's Edge, a resort development with plans for 190 condominiums and 32 villa lots for bespoke villas, launched sales of Phase 3A in autumn of 2009, with construction slated to commence at the end of March 2010.   To date, of the 15 villa plots currently released for sale, 9 have been sold with construction of 4 villas currently underway and commencement of a further two villas set to begin shortly. 

"Now that the delivery of the first villa has taken place, alongside several completed hillside and beachfront apartments, we remain very confident that our sales momentum will continue as we move forward," added Damian Hamp-Adams, Regional Director of Sales at Ocean's Edge.

The first two phases at Ocean's, Edge featuring 30 hillside apartments and 16 one-bedroom beachfront apartments, were completed in December 2009, and are sold out.  Many of the completed apartments are already being rented out as part of Ocean's Edge interim rental-management program, which provides rental and property management services prior to the resort operator coming on board.  This program is responding to the strong demand on the island for rental accommodation. 

Clients with an interest in purchasing property can participate in a three-night subsidized inspection trip to experience St. Kitts and Ocean's Edge and the project is also pre-approved for St. Kitts' Economic Citizenship Program. 

A variety of leisure and entertainment facilities are planned at Ocean's Edge, including a boutique gym, restaurant, pools, tennis courts and beautifully landscaped recreation spaces. Ocean's Edge is owned by Cable Bay Hotel Development Company Limited, and a consortium of stakeholders comprised of Newfound Cable Bay Corporation and locally based partners TDC Ltd., Mansha Ltd.,  and SKNA National Bank Ltd.

Ocean's Edge is located within ten minutes of the R L Bradshaw International Airport and is adjacent to the Royal St. Kitts Golf Club - one of a select few golf courses in the Caribbean with views over both the Atlantic Ocean and the Caribbean Sea. 

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Hondura's Pristine Bay Resort Introduces New Resort Villas

(ROATAN, HONDURAS) -- Pan Caribbean Capital Partners I, Ltd. and Pristine Bay Resort - partners in one of the western Caribbean's most anticipated luxury resort, golf and residential communities - have introduced the new Resort Villas at Pristine Bay.

The first 11 of an eventual 30 two-bedroom, two-bathroom luxury units - each with unobstructed views of the beach and ocean - have been released to the public for sale. There are three different floor plans from 2,700 to 3,400 square feet (inclusive of air-conditioned, covered deck and outside deck area).

The villas are inspired by Caribbean architecture with high, white-washed ceilings; stained wood trusses and trim; Italian terracotta tile roofs; wood shutters; and white plaster walls.

Other design features of the fully-furnished units include spacious bathrooms with the finest fixtures; large great rooms; full-service kitchens; dining and living areas with French doors opening to expansive terraces; infinity edge pools and more. Owners acquire the property in fee simple and enjoy full access to all resort amenities. They receive 60 days of annual use and excellent cash flow from the hotel rental pool. Prices range from $805,000 to $895,000.

"Pioneering second-home owners are excited about the Resort Villas at Pristine Bay, continuing Roatan's burgeoning reputation as the Caribbean's next hot spot," says Riley Sharman, Managing Director of Jungle & Reef Consulting, LLC, a consulting firm handling the sales and marketing of the resort villas. "The resort's barefoot elegance ambiance provides a relaxing yet luxurious escape, as well as a sound investment."

Pristine Bay Resort's exceptional amenities include Roatan's first golf course, The Black Pearl, designed by Pete and Perry Dye. It boasts ocean views on 14 holes and a signature island-green, par-3 11th hole.

A 155-slip, full-service marina near The Black Pearl clubhouse will provide deep-water access for a wide variety of vessels. The five-star, 120-room Resort and Spa at Pristine Bay, sure is scheduled to open in February 2011 and will be managed by Destination Resorts, Ltd., which also manages Victoria House Resort on Ambergris Caye, Belize, and Casa Encantada in Antigua, Guatemala.

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