Luxury real estate in the Caribbean is booming and has been for the last year following the onset of the pandemic. According to EdwarddeMalletMorgan, a partner at Knight Frank, a global real estate consultancy based in London, the market is flourishing like never before.<\/p>\n
Sales have gone up significantly in the Caribbean in the upscale sector, he says. People have a new flexibility to be away from their primary homes and keep working remotely, so theyre looking to buy in vacation destinations.<\/p>\n
Case in point: DeMalletMorgan says that Knight Franks sales of single-family homes in Barbados have gone up more than 50% in the last year, and there have been record-breaking numbers in Mustique.<\/p>\n
High-end amenity-laden developments throughout the Caribbean are also attracting interest, including the nine were highlighting that are among the toniest in the region.<\/p>\n
From New Providence in the Bahamas to a tropical rainforest setting in the Dominican Republic, here is our list:<\/p>\n
One of the chic new developments in Albany.<\/p>\n
Albany, New Providence, Bahamas<\/p>\n
Starting price of residences: $5 million<\/p>\n
With investors like actor and musician Justin Timberlake and golf legends Ernie Els and Tiger Woods, Albany has been a coveted residential development ever since it opened in 2010. The 600-acre community includes nine marina-front condominium buildings, each with a distinct architectural style. One, for example, resembles a cube and was designed by the renowned architect Bjarke Ingels. There are also custom home lots and villas that range from 3,400 to 6,400 square feet.<\/p>\n
Ernie Els is behind the golf course, and Albany also features tennis and equestrian centers, several swimming pools, a 15,000-square-foot fitness center with yoga and Pilates studios, multiple dining options, a movie theater, water sports center, and childrens clubhouse. And we cant leave out the music studio and stores that include an outpost of Rolex.<\/p>\n
One of the private residences at Bakers Bay Golf & Ocean Club.<\/p>\n
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Link: <\/p>\n
9 Striking New Developments Across the Caribbean - Architectural Digest<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Luxury real estate in the Caribbean is booming and has been for the last year following the onset of the pandemic. According to EdwarddeMalletMorgan, a partner at Knight Frank, a global real estate consultancy based in London, the market is flourishing like never before. Continue reading