Top 5 Luxury Residential Developments In The Caribbean
The Caribbean is a popular destination for vacationers, second-home buyers, and investors. High-end buyers are looking for a place to relax and enjoy the peace of an island getaway while still feeling like they are in a modern environment. A growing number of Caribbean buyers are looking for more than just relaxation. They want to feel like they are getting a slice of paradise on their terms. Tropical islands like the Cayman Islands and The Bahamas, with strict building codes, zoning laws, regulations, and tax incentives, make development in these areas attractive to real estate investors. Here is a list of some of the top luxury residential developments in the Caribbean.
Why live in the Caribbean?
Simply put, its warm weather, crystal clear waters, and stunning views make it an ideal location to relax and enjoy outdoor activities. It's also one of the more affordable luxury destinations in the world.
In addition to its natural beauty, there are other reasons why so many people are drawn to this region:
● It’s easy to get around: There are no massive cities like New York or London here; instead, modern conveniences are found throughout small towns and rural areas.
● You can learn another language: In most places, English is spoken at least as well as Spanish or French—and many locals speak all three languages fluently! If you want something more exotic than English or French, there's always Dutch Antilles Creole!
● Great food options abound: From fresh fish caught by local fishermen who sell their catch directly at market stalls to delicious fruit grown on nearby farms to five-star eateries. The Cayman Islands, in particular, is known for its world-class restaurant scene as the culinary capital of the Caribbean.
● It has a perfect climate: The weather is perfect all year round, making it an ideal destination for families and retirees.
● Excellent investment opportunity: Many countries in the Caribbean have tax exemptions and other incentives offered by governments who want their countries to be seen as attractive destinations for foreign visitors and investors.
We've compiled a list of our five favorite luxury residential developments in the region. Each of these developments has something unique to offer—beautiful architecture, secluded locations, luxurious services and amenities, astonishing views, or a combination of all!
Ocean Club Estates, The Bahamas
Ocean Club Estates is a new luxury real estate development in The Bahamas. The neighborhood is located on Paradise Island, one of the most picturesque destinations in the Caribbean. Ocean Club Estates offers 122 single-family homes and 88 condos with prices starting at $1 million.
The community amenities include VIP account card access to all Ocean Club and Atlantis facilities, including spa, yoga, tennis, kids club, restaurants, and 24-hour security.
The homes at Ocean Club Estates are within walking distance of restaurants and shops and the Atlantis, Paradise Island luxury resort. This is an excellent location for those who want to be near everything but still feel like they're on their private island.
The most beneficial thing about living at Ocean Club Estates is that everything you need is within walking distance. You'll never have to drive anywhere again! Plus, there are so many different types of homes available: villas, townhomes, and condos. It's easy to find one that suits your specific needs.
FIN Grand Cayman, Cayman Islands
FIN Grand Cayman is a luxury residential development in the Cayman Islands. The next development by the team behind The Ritz-Carlton Grand Cayman Resort and Residences. FIN is located on the water, minutes from George Town Harbour, and is the island’s first Art Deco development. FIN features a total of 36 luxurious condominiums and penthouses, each with private elevator access and oceanfront terraces. The units range from just under 1,000 to over 5,500 square feet and feature floor-to-ceiling windows and large balconies with great views of the Caribbean Sea both east and west.
FIN, which is run more like a five-star boutique hotel than a residence, has unique amenities for residents, including a glass bottom infinity pool overlooking the Caribbean Sea, private salt-water lagoon, spa, fitness center, wine room, owners lounge, a fleet of private cars, two luxury speedboats, 24-hour concierge, security and staff.
FIN Grand Cayman is within walking distance of George Town's restaurants, bars, and shops. It is also close to local beaches such as Seven Mile Beach and Governor's Beach. But, with your private beach and lagoon, you don’t have to leave home to enjoy the wonders of the Caribbean Sea.
Christophe Harbour, St. Kitts
Christophe Harbour is a luxury real estate development in St. Kitts whose first stage was completed in 2012. The community is comprised of three villa neighborhoods, which are connected by an 18-hole championship golf course. Its amenities include an enclosed beach club, private beach bar, and restaurant, and a superyacht marina with direct access to the crystal clear waters of Nevis Passage.
The development also has a five-star resort, Park Hyatt St. Kitts, which opened in 2017. The hotel’s amenities include a spa, fitness center, tennis courts, and kids club, for guests who want to be pampered during their stay.
The Residences at Sugar Beach, St Lucia
The Residences at Sugar Beach, a Viceroy Resort in St. Lucia, is a luxury real estate development by the world-renowned luxury hotel group. The development consists of 24 residences, each with a private pool and beachfront access.
Nestled on a private stretch of beach with stunning views of the Pitons and the Caribbean Sea, the oceanfront residences offer the finest in luxury living on a world-class resort.
The ultra-exclusive residences are available for purchase or rent and feature over 2,000 square feet of living space, private terraces, indoor/outdoor living rooms, full kitchens, and master bedroom suites with private balconies. The villas also include two guest bedrooms with en suite bathrooms and connecting doors that open onto the main living area.
The Residences at the Ritz-Carlton Grand Cayman Resort, Cayman Islands
The Residences at the Ritz-Carlton Grand Cayman Resort is a luxury condo development on Seven Mile Beach. The project consists of 94 units located in two seven-story wings overlooking the beach. They range in size from two to six bedrooms. Each residence is individually owned and managed by its owner.
The Residences offers a wide array of amenities, including a private elevator, private beach access, an exclusive concierge service, and access to world-class service and facilities at the Ritz-Carlton Grand Cayman Resort, such as 24-hour room service, a full-service spa, fine dining, access to the fitness center and spa, as well as a full range of services on-site including valet parking and housekeeping.
BONUS: PRISMA Grand Cayman, Cayman Islands
PRISMA Grand Cayman is luxury developer Mike Ryan’s latest project in the making. It will be a true waterfront community, in the heart of the Seven Mile Beach Corridor. Prisma Grand Cayman will set a new standard for a premier mixed-use community - creating an authentic and immersive experience while delivering an environment that feels like home. It will offer residents a variety of unique amenities within steps of their daily lives, including restaurants, boutiques, art galleries, and commercial spaces.
With so many luxury residential developments in the Caribbean, it can be hard to know where to start. The best thing about these projects is that they all have one thing in common – they offer an escape from the everyday hustle and bustle of life while still providing all of your modern-day amenities. Whether you are looking for a holiday home or a more permanent residence, surely the Caribbean will have something perfect for you.