Caribbean Islands Realty
Gales, Tales & Rales from 35 years in the Caribbean. Real Estate Agents you will love to write home about!

Archive for the ‘Resorts’ Category

Apr
13
    
Filed Under (News, Real Estate, Resorts) by Jim Walberg on 13-04-2008

South Beach – Belize is perfectly positioned for the explosion happening with European investors in the Caribbean!

Article By Poyel Nelson:  “The headline on the International Living Magazine in December 2007 is straight forward: ‘Belize: Buy Before The Europeans!’ 57-belize-reef-photo.jpg(Remember my last posting about South Beach – Belize?) Amongst the financial crises triggered by the real estate market woos in the US caution is advisable over such a bullish statement. So, what are the reasons for such a headline?

“Direct flights from Europe to Belize City will be launched by late 2008. This is major news for Belize and its real estate market. Europeans, armed with their strong currency, will most likely start to travel to this English speaking country in greater numbers. Transit though the U.S will no longer be required for European visitors. They will come for the classic Caribbean experience, the world class diving, the jungles and rainforests, the Mayan ruins, the waterfalls and rivers. And some will want to stay or retire here; hence real estate dollars are likely to follow close behind.

“We could observe this effect of new flight routes on real estate markets before. 57-belize-dock.jpgWherever Ryanair (Ryaniar is a major European low cost airline) has started flying, the Irish and the British have followed and real estate markets have prospered. This is now called the ‘Ryanair effect’.  Rumor has it that direct flights to Belize from Canada might also start soon. Real estate is all about timing and right now could be the time to focus in on this stunning country in the Caribbean. Property prices are still well below regional benchmarks. Let’s look at some of Belize‘s characteristics to further elaborate whether the above proposed demand really is valid:

“The Belize River flows through the middle of the country. With a Caribbean coastline, the Belize Barrier Reef and the Maya Mountains, there is a diverse countryside with plenty of outdoor recreation. The longest living barrier reef in the western hemisphere, and the second longest in the world, attracts divers from all around the world to Belize. This Central American country is a former British Colony also known as British Honduras and 57-belize-barrier-reef.jpghas adopted English as native language. It is considered one of the most stable Caribbean governments with a Parliament as their ruling body. Retirees in Belize can apply for a special status that provides tax breaks on retirement income and extends easy import of household items and furnishings.

“Belize has the lowest population density in the Central American Region, and one of the lowest in the world. There is room for many people in Belize.  Adding to Belize’s attractions is the cultural and ethnic diversity. There appears to be almost no friction between the harmoniously blended cultures and races. Belize is home to a wide range of ethnicities including Mennonites, Chinese, Mayan, Spanish, Lebanese, and East Indian. Culture, economy and geography make Belize a desirable place to live. With this Caribbean country becoming more accessible through air travel it seems to be positioned well for significant growth in its economy, in general travel, and eventually, its real estate market.

Poyel Nelson certainly supports our interest in South Beach Belize.  Remember, pre-construction prices are well below regional markets with lots starting at USD$99,950 to USD$6,913,000 for 36-unit boutique hotel/restaurants. This may be the project to act upon NOW. I will keep you posted as I continue my real estate detective work in the Caribbean.  Contact me anytime.  Until next time…



Apr
06
    
Filed Under (Real Estate, Resorts) by Jim Walberg on 06-04-2008

Remember, Belize is part a vital part of the Caribbean tourist industry, and it is breathtaking!56-1belize-south-beach-logo1.jpg

In the SCUBA diving community, Belize is world renown for its dazzling array diving opportunities along the second largest reef in the world.  In the resort community, Belize is one of the true bargains in the Caribbean because of it’s white coral sand beaches, fabulous five-star resorts, and 365 days a year of Tropical climate! It is also the only English speaking country in Central America. It was originally one of the British Crown Colonies in the Caribbean.56-tom-mcpeak-123kb1.jpg

he BIG deal that is unfolding in Belize is the recreation of South Beach, Florida’s art deco era in the 1950′s. South Beach Belize on Ambergris Caye is where it is happening.  This is an 800+ acre planned development on the southern tip of Ambergris Caye. One of my real estate friends is leading the marketing efforts for this project that is just breaking ground – Dr. Tom McPeak. Here is his latest report as to why all of us should take a moment and check it out.

From Dr.McPeakHave you noticed how private island resorts and private island ownership are experiencing global rise in popularity? With the world currency buying any USD properties at bargain basement prices, they are following the sun, and Belize is one of the top five destinations in the Caribbean they are focused upon.  We are very fortunate to be a part of the most exciting resort opportunity in the history of Belize.  South Beach Belize is approximately 800 acres on the southern end of 25-mile long Ambergris Caye.  Archeological evidence indicates it may have been inhabited at one time by 10,000 Maya people, and was important as a mixed fishing and trading center.   Today Ambergris Caye has a population of about 8,000 with 7,000 living in San Pedro, just 3.5 miles north of South Beach Belize.  It has become internationally known as a salt water sport fishing destination, in addition to diving and snorkeling.  South Beach Belize on Ambergris Caye is just an additional 17 minutes flight via either of two local airlines, or 75 minutes via water taxi.  As 56-1belize-national-bird.jpgthe crow flies, it is about 29 miles from Belize City to Ambergris Caye.  What is being discovered with the buyers of Caribbean real estate is their in wanting exclusivity and privacy, and they are willing to pay for it.  This is one of the many reasons the world is coming to South Beach Belize.

The blue Caribbean Sea, sandy beaches, and waving palms are as beautiful on Ambergris Caye as any other Caribbean country 56-1belize-pier-and-sunset1.jpgdestinations that cost two to three times as much for a 5-star resort, or purchasing real estate.  It is also located on the second largest barrier reef system in the world.  That is why South Beach Belize on Ambergris Caye might be one of the most intelligent places to buy TODAY.  The real estate opportunities are extensive and very affordable:  Lots for any size Villa you want to build (hold for investment until ready to build),   Condos starting at $139,900, six models of Villas starting at $199,900 INCLUDING THE LOT, or even a complete turn-key Boutique Hotel (thirty hotels are planned in the style of South Beach Miami) for just under $7 million USD each.  You own and manage the hotel and gain the revenue from all aspects of the hotel and restaurant/bar that is a part of the package.  There is even an opportunity to be considered as one of the partners in the development of the elegant Casino that will be built as part of this planned luxury community. The development team at South Beach Belize is standing ready to be a resource for having your Tropical dreams come true – as a second home, or for full time living.  Caribbean Islands Realty and Jim Walberg are standing ready to serve any off your inquiries or purchases of this unique and special real estate opportunity.  Contact him today for more information!



Apr
05
    
Filed Under (Real Estate, Resorts, fractionals) by Jim Walberg on 05-04-2008

  Le Paradise Beach Resort – St. Lucia, and Los Altos Residence Club – Dominican Republic are awesome fractional residence choices!!!

So, I am back on the road looking for more fractional ownership and real estate opportunities in the Caribbean.  Two that54-le-paradise-beach-club-residence1.jpg just showed up on the radar are Le Paradise Beach Resort in St. Lucia and the Los Altos Residence Club in the Dominican Republic.  If you recall from past postings, St. Lucia was named as one of the “Top Five Places To See In Your Life Time” by O Magazine.

The Le Paradise Beach Resort is a ¼ fractional ownership condominium opportunity.  WOW! They are creating a five-star luxury community on St. Lucia with a completion date of this $1 billion development in December 2008 for Phase One.  It will also include a Greg Norman Signature Golf course, a yacht marina – which I obviously will love.  In addition they are building an International shopping village, a gorgeous European spa and fitness center.  Le Paradis Resort has miles of private beaches, great diving spots, plus sport fishing – all as part of this luxury community.54-le-paradise-beach-club-golf1.jpg

Each quarter-share fractional condo is a spacious 2-bedroom / 2-bath residence including a gourmet kitchen, designer interiors, plasma televisions, high speed internet, central security and life safety systems and Westin beds. The architecture will be reminiscent of the island’s colonial past with a mix of Anglo-French Caribbean tones.  Those that are wise enough to purchase any of the condos in Phase One will also have their golf initiation membership cost waived, plus they will receive two years of golf dues paid.  Amazingly, the St. Lucia government has issued a 10-year property tax waiver for this project’s Buyers!!!  The developers are pulling out all the stops to entice you to check it out.  The prices are yet to be published but full ownership of these luxury condos ranges from $450,000 to $1,300,000!

Los Altos Private Residence Club is a part of the Casa de Campo ocean front 7,000 acre, world class resort.  Casa de Campo won the “#1 Family Friendly Resort In The Caribbean” from Travel & Leisure, and “#1 Golf Course In The Caribbean” from the same magazine. The residence club consists of 116 2-bedroom and 3-bedroom luxury condominiums. I discovered that it has already become the fastest selling Private Residence Club in the Dominican Republic! They have been open for business since December 2007! Don’t wait to check it out.54-los-altos-residence-club-exterior1.jpg

Los Altos Private Residence Club enjoys the amenities of this world class resort; beaches, sailing, golf, tennis, equestrian facilities, spa and massage facilities, poolside lounges, deep sea fishing, and much more! Each of the residences are decorated with an Asian-style influence with wood, stone, metal and water treatments.  They have soaring 10 foot ceilings, and 20 foot vaulted ceilings in the penthouses, plus the oversized terraces with breathtaking views.  These fractional condos start at around $200,000 for a 1/8 fractional ownership! So, these are the two latest discoveries I am bringing to you.  For more information, email me or leave a comment. I will get back to you.  Until next time…I continue to be on duty as I comb the Caribbean for the best real estate opportunities in Paradise.



Mar
23
    
Filed Under (News, Real Estate, Resorts, fractionals) by Jim Walberg on 23-03-2008

The Reefs Club is one of the latest fractional 5-star resorts in Bermuda!51-sherman-potvin.jpg

Guest contributor:  Sherman Potvin is recognized throughout the fractional industry as one of the most experienced consultants in the field. He has worked with leading companies such as Intrawest, Four Seasons, and the Ritz Carlton, as well as many individual developers around the world.  Mr. Potvin founded the world’s most respected Website for fractional real estate – Luxury Fractional Guide. And he has recently completed a book designed to aid vacation homeowners in fractionalizing their personal homes. He has served on numerous boards and panels at fractional symposiums throughout North America. Mr. Potvin has been involved with real estate as a broker for more than thirty-five years and, for the past seventeen years, has helped shape the fractional industry and bring it to its accepted prominence today.  Below are a summary of his comments about The Reef’s Club in Bermuda now offering fractional ownership.50-trc-poolrender1.jpg

The challenge with fractional ownership properties in Bermuda are the laws requiring that most of the land needs to be owned by residents of Bermuda. The structure of the purchase of fractional ownership at The Reef’s Club allows a person interested in ownership of a luxury resort residence to circumvent this restriction.  One of the real draws to Bermuda is its location – approximately two hours by plane from most of the East Coast airports to this small island with a “big island” feel. Bermuda is actually a collection of 180 islands linked by bridges and divided into “parishes”. All of the “parishes” enjoy spectacular pink sand, tropical coral reefs, lush vegetation and 80 degree weather most of the year.

The Reef’s Club is a collection of spectacular two and three bedroom residences with nothing but ocean views in front of all of them. The Reef’s Club is designed to combine fractional ownership of new beachfront homes with the Reef Hotel Resort’s world class hospitality. The 50-trc-balconyrender1.jpgamenities are all that you would expect from such an exclusive resort community; infinity pool with pool-side services, fitness center, roof top putting green, and full access to all of the hotel’s factilities – restaurants, tennis courts, and the award winning day spa.Scheduled for a completion in 2009, you are still able to buy at the pre-completion sales prices.  A 1/10th deeded interest starts in the mid-$300,000. Ownership also allows you to exchange your vacation home for other luxurious residences in the Elite Alliance.  This collection of premium residence clubs includes properties in some of the world’s most coveted resort locations; beaches, golf mountains, and European destinations! For more details on fractional ownership at The Reef’s Club, contact me today!  Until next time, your Caribbean lifestyle detective is on duty!



Mar
13
    
Filed Under (Real Estate, Resorts, fractionals) by Jim Walberg on 13-03-2008

  The fractional ownership trend is finally spreading onto the Cayman Islands!

When most of you think of the Caribbean you forget about the Cayman Islands, Jamaica, and the Turks & Caicos.  Also, many of you still think that the 48-crystal-azure-beach-resort-chairs1.jpgBahamas and Bermuda are part of the Caribbean.  So, for those of you who have not yet experienced the outer islands of the Caribbean, here is some info to peak your interest.  The Cayman Islands consists of three small islands: Grand Cayman, Cayman Brac and Little Cayman. Cayman Brac can be reached through a weekly one-hour direct flight from Miami or through daily connecting flights from Grand Cayman. Residents enjoy freedom from taxation, a stable democratic government (British Territory), and the highest standard of living in the Caribbean.

Cayman Brac, the middle sized island, is about the same size as Manhattan (12 miles long, 2 miles wide) but the skyline that gives it its name is natural: a sheer rock bluff (“Brac” is Gaelic for bluff) that runs the center of the island and sets it apart from its two low-lying sister isles. The island is home to about 1,800 residents and has a number of caves dotting the island that are rumored to still hold hidden pirate treasure.

It is no secret that Cayman Brac has some of the world’s finest diving and its greatest attraction is its surrounding waters. Virtually every major dive magazine48-waterford-fractional-sea-view1.jpg has ranked the island among the World’s Top Ten Destinations. That’s because just offshore you’ll find more than 100 species of coral, more than 500 kinds of fish and some of the most dramatic and unique geological formations on the planet. Cayman Brac offers some of the best diving in the Caribbean and most sites are just a few minutes boat ride from the resorts.

Crystal Azure Beach Resort is now offering fractional ownership at preconstruction prices. This is an opportunity to purchase an outright share of ownership in one of our luxury, beachfront villas supported by full service amenities and a comprehensive rental management program. This means you can use, rent, lend, trade, will or sell your fractional ownership as you see fit without restriction. The prices for a ¼ ownership start at $110,000US!  There are an additional $260 in monthly maintenance and management fees.48-waterford-fractional1.jpg

The Waterford Private Residence Club is another fractional ownership opportunity on Grand Cayman. It will be a five-star resort and spa. It will contain 50 two- and three-bedroom villas and four estate homes spread over 11 buildings and 10.5 lushly landscaped acres. As a fractional, buyers can purchase a 1/8 share which entitles them to six weeks of usage and additional time based on availability, at no additional cost. The prices for preconstruction start at $297,900US! The Waterford will be completed by May 2010.

All villas and homes will be delivered fully furnished and equipped with designer furniture and top quality appliances. When in residence, owners will have access to a Land Rover, BMW, Mercedes or Audi for their personal use. They’ll also be able to use a Boston Whaler boat, complete with captain. Owners at The Waterford will receive five-star quality care when visiting. From a 24-hour concierge to make golf and dinner reservations to pre-arrival grocery shopping service, every need will be attended to. With two pools, a community Great House with a cigar room, fine dining restaurant and bar, plus a full service spa and health club, it will be the choice of many discerning owners who can’t wait for the a home in Paradise.  I will keep you posted as to how the build out goes for both of these new fractional ownership opportunities that have now come to the Cayman Islands.  Until next time…



Mar
03
    
Filed Under (Real Estate, Resorts) by Jim Walberg on 03-03-2008

If you include Mexico, half of the Top Ten Luxury Villas are in the Caribbean and Mexico!

Each year Travel + Leisure publishes their “Top Ten Luxury Villas” in the world. This year’s list confirms the world’s focus on the resort opportunities in the Caribbean Islands.  And, as I stated in the sub-title, if you include Mexico, HALF of the top ten are in the Caribbean and Mexico! What a deal for the Northern Hemisphere to enjoy the opportunity of luxury living and luxury vacations.

Here are the top Caribbean Islands Villas for your review. If you want more information you can also go to CNN.com under real estate.

  • Au Soleil, St. Barth:  The very model of a hedonistic St. Bart’s retreat, this four-bedroom villa overlooking St. Jean Baie is over-the-top luxurious. The 43-villa-del-soleil1.jpgproperty is an Eden of tropical gardens with a fountain, a bi-level infinity pool, and a grand pavilion (known locally as an ajoupa) for gazing over all of it. Inside, the gleaming gourmet kitchen comes with an in-house chef; the common areas have vaulted ceilings and terracotta floors, and the bedrooms all have carved wood queen- or king-size beds. More sybaritic pleasures–namely, the beach and swanky shops–are just a five-minute drive away. Pricing: From $9,500/week.
  • Villa Beach 921, Dominican Republic:  The soaring, open-plan design of this four-bedroom property makes the most of its beachfront location on the Dominican Republic’s north coast. Inside, the amenities include a slick chef’s kitchen with a wood-burning pizza oven, and baths with sunken spa tubs. Outside, there’s a private palapa for yoga or meditation, an 43-villa-beach-921-1.jpgherb garden, a four-car garage, and a spacious infinity pool overlooking a slice of breezy beach. The water-sport capital of Cabarete, just minutes away, has windsurfing, kiteboarding, and enough cafes and beach bars to keep happy-hourers 43-turks-caicos-rental1.jpghappy around the clock. Pricing: From $21,000/week.
  • La Koubba Villa, Turks and Caicos:  A sprawling (8,000-square-foot) Moroccan-style villa just south of Providenciales in Turks & Caicos, La Koubba has ocean views from all five of its bedrooms. The interiors are decorated with eclectic textiles and ceramics from around the world, along with hand-loomed rugs and embroidered throw pillows. An arched courtyard leads to a hammock-surrounded pool, and a summer kitchen perfect for barbecuing. The calm waters of Sapodilla Bay are just steps away–literally, via a staircase leading into the sea. Pricing: From $10,000/week.

For more information, contact me today.  You will be blown away by these three villas. I would love to introduce you to each of them.  Until next time…



Mar
03
    
Filed Under (Real Estate, Resorts, fractionals) by Jim Walberg on 03-03-2008

Grand Turks is the location of the newest beach resort

in Turks & Caicos –  L’Emeraude

43-lemeraude-grand-turk.jpgI’m sure you remember my past blog about what is happening in the Turks & Caicos.  Well, it hasn’t slowed down a bit!   L’Emeraude has just broken ground on their beach front resort on Grand Turk.  The owner, Mr. Erwin Jones stated today, “L’Emeraude has been designed to offer a select few owners an oasis of peace and tranquility.  Plus, the floor plans feature thoughtful amenities such as living rooms that open to the broad covered terraces, spacious and well proportioned bedrooms, with views of the beach and the turquoise waters of the Caribbean.”

Mr. Jones’ vision has created a boutique resort that is limited to only 8 two-bedroom, two- bathroom oceanfront suites, 12 one-bedroom, one-bathroom suites, and 12 studios with lockout poolside suites.  The resort has been elegantly arranged around a stunning signature pool designed in the shape of Grand Turk.

The layouts feature an open plan living room/dining room with a fully equipped and well laid out kitchen. Suites on the upper floors boast 18′ high vaulted ceilings. Each of the beachfront suites is a corner unit, maximizing the dramatic ocean views and allowing the gentle sea breezes to flow through.  For the owners comfort each unit is also fully air-conditioned.

The beautifully designed garden features walkways to the beach, a central signature swimming pool that includes a small palm island and gazebos in which to relax and dream the day away. L’ Emeraude will offer a Game Room, Fitness Centre, Restaurant and Bar, Lounge Area and Gift Shop.

All the condo suites will be professionally designed and furnished with an attractive tropical furniture package. However, the real beauty of L’ Emeraude is it’s location on Pillory Beach, with the breath-taking Caribbean waters, and the charm and small town feel of Grand Turk. Grand Turk is just a short 25 minute flight from Providenciales and is well served by local scheduled airlines whose time-tables are conveniently coordinated with those of the major international airlines serving Providenciales. Grand Turk is a world unto itself. I know you will fall in love with it as we have. Prices range from $280,000 to $675,000 for presales. Contact me today for more information.



Feb
29
    
Filed Under (Real Estate, Resorts, fractionals) by Jim Walberg on 29-02-2008

Harliquin Property just announced this morning that they are now offering fractional ownership in their residences at Buccament Bay Resort!

 London, England:  Hot off the presses…I just received confirmation this morning from London that Harlequin Property has just announced that they will be offering fractional owernship purchases for their residences at Buccament Bay Resort.  You will recall that I discovered this 5-star resort 42-buccament-bay-villa-interior1.jpglast September while sailing around St. Vincent. It is a spectacular resort right on the beach with all of the amenities one would expect. You will also recall that Harlequin Property is developing 5-star resorts in five other locations in the Caribbean. We are now a part of their worldwide marketing groups that represent all of their resort projects, from the Caribbean to Thailand.

In addition to the fractional ownership opportunities at Buccament Bay, Harlequin is offering their 42-buccament-bay-waterfront-villas1.jpg100% financing package to those 42-peter-may1.jpgwho qualify. It is a brilliantly simple financing structure that Harlequin Property has created that allows for a much broader group of buyers to participate in resort property ownership.

The developers of Buccament Bay have also created one of the biggest water gardens in the Caribbean within the resort.  They have contracted the services of Mr. Peter May, garden designer, author and water-landscaper, and editor of Water Gardener Magazine.  His January 23rd article was about this project. Mr. May flew to St. Vincent last November to preview the project and see if it was one that his firm would be willing to take on.  It has just been announced that Mr. May’s firm is going to take the lead on this project.

Mr. May says, “There should be a mass of material created from this adventure to show readers how to build water gardens in the tropics. Part of the excitment is that I don’t know what the challenges really are until I get started. One of them will undoubtedly be the weather, plus the exrtremes from one season to another, the sun and the heat are going to make water gardens become swampy lagoons in no time unless there is a plenty of oxygenation and a good balance of plants. Resorting to technology will also be imperative rather than an option with a project of this magnitude.”

St Vincent is the location for many of the scenes in “Pirates of the Caribbean” and the bay next along from where many of those scenes were shot is the site of a new pretigious holiday resort that has been is sensitively designed to blend in with the beautiful landscape. If you want to get an idea od what may be involved, take a trip to Buccament Bay and check out the site plan and the artist’s renditions of what is in store for those special few that purchase full ownership or fractional ownership residences in this 5-star resort on St. Vincent.  Your Caribbean lifestyle detective remains on duty.



Feb
10
    
Filed Under (Real Estate, Resorts) by Jim Walberg on 10-02-2008

  St. Thomas is the location of the most recent luxury residence project in the Caribbean

1-dolphinhouse-renderings1.jpgSome of you remember my article about the Dolphin Cove project last September. There were many comments from you about how my predictions about Dolphin Cove’s completion date were very optimistic. Well, you were all correct! Ground breaking finally started last week for Phase 1 of this very exclusive project.  It is now projected to be completed by 2010, and some of you may still think that is optimistic.

Dolphin Cove is right next to Secret Harbor on the Red Hook end of St. Thomas. It was the first dolphin training center as it became evident that this mammal was highly intelligent. The training and research center did not have any holding pens.  The dolphins came and went as they pleased at this facility. The objective of the dolphin training was to assist with locating ocean mines during World War II. The original concrete training areas on the water are still there 1-dolphin-cover-rendering1.jpgand they will be preserved as part of this luxury resort. The Dolphin House, the 5-star restaurant that is part of the resort, will be built on the cliff above the original training center.

Dolphin Cove will be made up of approximately 150 townhouses and Villas with exceptional floor plans, spacious living areas, gourmet kitchens, balconies, and decks overlooking the Caribbean Sea. This exclusive gated residence resort will also include tennis courts, salt water and fresh water pools, a fitness center, coast side hiking trails, and two private beaches. And, when you are dining at the Dolphin House you will have some of the most spectacular views on St. 1-dolphin-cove-view1.jpgThomas of Nazareth Bay and St. Croix. Besides the water sports activities available at the beaches next to the original dolphin training center, Dolphin Cove will also feature a completely self-sufficient community, with it’s own security system, water treatment plant, and stand-by generators.

Dave Marriner is the visionary for this long anticipated exclusive residence community on St. Thomas.  Marriner has the track record to complete such an ambitious project because of his work with Taylor-Woodrow in the development of Newport Beach, California, and the contribution he made to the development of ski community of Incline Village, Nevada, along the shores of Lake Tahoe. Marriner has a very successful real estate company headquartered at Incline Village, however, he will be on-island most of the time, managing every detail required to have Dolphin Cove exceed the expectations of the vision he has been developing for the past four years of this becoming one of the true jewels of Caribbean living.

I will be on St. Thomas this week personally checking out the progress of Dolphin Cove so you will be getting a first had report by next weekend. During my time in the Caribbean I will also be anchoring at Lambert Bay on Tortola, BVI, as I check out the progress of Raffles Tortola, another exclusive residence project that will also come on line by 2010. For more information on the pre-sale reservations for Dolphin Cove and Raffles Tortola, email me and I will provide it to you. Until next time…



Feb
09
    
Filed Under (News, Real Estate, Resorts, fractionals) by Jim Walberg on 09-02-2008

Pelican Marina Residence Resort is another example of this expanding market!

Fractional residence resorts continue to expand in the Caribbean. Another one to check out is at Pelican Marina Residences on the Dutch side of St. Maarten the shores of Simpson Bay.  St. Maarten / St. Martin is the smallest island in the world shared by two nations with a melting pot of French, Dutch and Caribbean 36-1stmaarten-island-map1.jpgtraditions. Right in the middle of the action is the Pelican Marina Residences. The Caribbean fractional condos at Pelican Marina Residences offer 83 two-bedroom villas sleeping up to six people. All condos can be locked off into a one-bedroom suite for four and a junior suite for two.

This fractional ownership project is located in one of the best beach locations on the island, within walking distance of all the water sports, bars, restaurants, casinos, and shopping you would ever want in the Caribbean. St. Maarten is also the location of one of the premier IYM marinas in the islands. If you remember, this is the marina company that has developed Yacht Haven Grande in St. Tomas, USVI.

36-1yellow-umbrella-and-girl-with-hat1.jpgPelican Marina Residences are just a 10 minute drive to St. Maarten’s capital, Philipsburg, and is only a 20 minute drive to Marigot Bay in St. Martin. The residence villas are fully furnished and include all the amenities for a Caribbean stay. They have a state of the art fitness center and Spa, and with a luxurious pool in the center of the ocean front residences. As an owner you are also able to use all of the facilities connected to the Pelican Resort that is right 36-1stmaarten-boat-palm-beach1.jpgnext door.

Remember, fractional ownership is an exciting and fast growing concept in resort luxury vacation home ownership. Think of it as you and three friends buying a vacation home together. Each owner has the ability to own there very own vacation home, but they do not have enough time to use it as much as they’d like. So, with a fractional ownership each owner enjoys the benefit and convenience of having access to the vacation home for a fraction of the year. Their investment and ownership is matched to the expected use, and the costs are kept lower by paying only for the portion that actually used. This allows a fractional owner to have all of the luxury associated with spending time in the Caribbean, without the hassles normally associated with owning and maintaining a vacation home. Most all of the fractional vacation homes in the Caribbean are professionally managed and maintained for you by the fractional resort development company.

I love this two-nation island. It has all three aspects of the Dutch, French and Caribbean flavors all mixed into one. It is an easy island to get around on, and the beaches are over the top! I enjoy spending an afternoon at the world famous Orient Beach on the French side because it always feels as if I am in St. Tropez. Let me know when you check out St.Maarten / St.Martin, in the Paradise called the Caribbean chain of islands. Until next time…



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