Vista Del Mar Estate

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the

dream awaits

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V i s t a

d e l

M a r

E s t a t e

There's a saying, "Reality is wrong. Dreams are for real." Until now, Tortola has not played host to a luxury community development. The concept is by no means a new one to the BVI; Virgin Gorda boasts a few luxury resort communities, and Scrub Island is under development. To many, the very words 'Luxury Resort Community Development" evoke thoughts of spacious, elegant dwellings with superb views, in a private, secure environment. Owning a home in one of them is something to aspire to; a retirement dream, perhaps?

Picture this, if you will: a fifteen-acre, spacious, ‘single family dwelling’ development situated on lush, verdant slopes overlooking the sparkling sands and sheltered waters of historic Brewer's Bay. Here, everyone's dream home will become a reality; here, children will play safe in the knowledge that they are away from mainstream traffic; here, every owner is assured of a private, self-contained existence with all the trimmings of a tropical lifestyle. Here, dreams are really are for real.

Luxury Development The developers of Vista del Mar Estate, the first luxury resort community development on Tortola, have their own dream; one they are fast turning into reality, and one that's accessible to all rather than the opulent few. What it's not, is a ‘traditional’ resort community. As a development, it will remain 'exclusive': there won't be a collection of holiday flats and town houses that could force the population into its hundreds; or boutique shops touting tourist souvenirs; and there won't be over-priced restaurants, commissaries or organised games for residents.

Hot Property There are just twenty plots marked for development (one has already been sold) on this beautiful, private estate. All approximate half an acre and range from $120,000 to $250,000, depending upon aspect and location. All offer fabulous views across the Bay; receive the delightful breezes that roll off Tortola's peaks; and all have access to the

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paved roads, electricity and communications infrastructure running through the estate. Unlike some resorts where uniformity is key, there are no severe architectural restraints on build. However, plans must be approved, the building must not exceed three stories, and the minimum occupancy space is 3000 sq. feet. A typical house of this size, from plot purchase to completion, will set you back about $1.2 million. Architectural Freedom The developers, RJ Developments Ltd., will supervise and oversee all build and contractor operations, and are more than prepared to make recommendations for onisland building contractors; peace of mind for those who would not be able to stay on Island during the construction phase. The management team will also work with you to ensure all licensing, planning applications and sign off procedures pass quickly

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and smoothly. So smoothly, in fact that it should take just one year from land purchase to residency.

and the drainage plans that ensure that there won't be an 'over-supply' are probably some of the best the Island will ever see.

years; and the owners have resided in the BVI for the last eighteen years, so new owners will know they are in good hands.

Custom House For those who would like their luxury home up and running with minimum effort and few contractual obligations, RJ Developments Ltd. point out that they are the BVI agents for Pan Abode Homes (see pictured house), a USbased designer and manufacturer of custombuilding packages incorporating cedar walls, cathedral ceilings, exposed laminated beams, extensive balconies and walls of glass - an excellent means of capturing the unique Caribbean lights, and providing a seemingly seamless integration of outdoor and indoor living space. With their concrete foundations and super-strength cedar walls, these homes are not only beautiful to look at; they will also stand up to any super-strong winds that may occasionally threaten the Islands. The plan is to ensure that the entire Estate is self-sufficient in terms of amenities. There will be four emergency generators with enough power output to cater for the entire estate, and cable, satellite and internet access will be provided as standard. Water supply will come from both the ‘Town’s Supply’, and from cisterns on each plot;

Investment Opportunity In addition to offering new owners an exclusive, private community atmosphere, optional

Lifestyle Vista del Mar provides a fantastic opportunity to own an exclusive, luxury,

...A twenty acre, spacious, ‘single family dwelling’ development situated on lush, verdant slopes overlooking the sparkling sands and sheltered waters of historic Brewer's Bay. rental pool returns make a home on Vista del Mar Estate an extremely intelligent investment opportunity. At times when you are not able to reside in the BVI, the developers, who will also act as the Estate managers and will help with processing your Non Belonger Landholding Licence, are perfectly positioned to oversee the rental of your home on a short term basis. Peace of Mind RJ Developments Ltd. have been developing and managing properties on this scale, on an international basis, for over twenty five

home away from home. It's somewhere you'll be able to relax and unwind, in an environment that is the antitheses of the resort-style "tourist trap". And the homes on offer, if you opt for one from the range of 'ready-made' varieties from Pan Abode Homes, are simply stunning! Asking: $120,000 to $250,000 Contacts: Trude Real Estate Tel: 1 (284) 494 2500

Artwork: David Thrasher, Tower Graphics, West End, Tortola Tel: 1 (284) 494 6244

BVI Property Guide

August 2005

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