A resort of four villas and three swimming pools overlooking the Caribbean Sea on the island of Dominica sold last week for $ 7.1 million.
The “jungle-meets-sea” property is one of the new residences at Secret Bay, a collection of approximately 40 villas coming to the six-star Secret Bay resort. It comprises two main residences and two guest houses, totaling nearly 10,000 square feet of indoor-outdoor living space, on one acre of land. It sits on a bluff about 200 feet above the sea, allowing for stunning views of the water.
Bought off plan, the sale marks the most expensive vacation property ever sold in Dominica, according to Gregor Nassief, president and CEO of GEMS Holdings, owner and developer of the hotel. He called the deal a “milestone” for the resort and the country.
“This was a collaborative effort between the buyer and Secret Bay to fully realize their dream of having a composition of luxury villas,” he said.
Mr Nassief declined to provide more information on the buyer, but said he was a frequent visitor to the resort. Mansion Global could not independently confirm that the sale was the most expensive on the island, located between Guadeloupe and Martinique.
Interest in luxury properties in the Caribbean has increased during the Covid-19 pandemic, Mansion Global previously reported. Buyers are turning to island life, where blockages are less common, for access to waterfront life and nature. Additionally, many Caribbean countries, including Dominica, offer low taxes and golden visa programs that give people citizenship rights in return for a real estate investment.
The turnkey Secret Bay Residences complex will be fully furnished and include five bedrooms, four chef kitchens and three plunge pools, according to the listing. Facilities will include electric vehicle charging stations, integrated technology and kitchen appliances like Breville panini presses and De’Longhi espresso machines.
After: Live at the beach year round for $ 5 million
Its owners will also have access to resort amenities, such as three beaches, an outdoor spa and restaurant, as well as concierge services, according to the listing. Planned additions include a microbrewery, art gallery, and a hillside funicular to get around the resort.
In addition, Secret Bay offers “beyond hassle-free ownership” and a rental program that owners can take advantage of when they are not on the island, Mr. Nassief said.