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Virgin Islands

PROPERTY&YACHT T H E LI F E S T Y L E G U ID E t o P ARADIS E

APR 2014

FREE ISSUE

SAILOR’S MECCA

EXCLUSIVE FEATURE DEVELOPMENT Brandywine Bay Marina Suites - the perfect properties and idyllic location for marine and yacht enthusiasts

FEATURE PROPERTY: Dos Sols Villa In the pristine North Sound of Virgin Gorda VIPY’s Photo Competition Results And the contest winners are…


Keeping a steady course with your investments is a precondition for reaching your goals, whether you rely on our advice or entrust us to manage your portfolio along the course you have plotted. VP Bank – your partner.

VP Bank Group Domiciled in Liechtenstein – is quoted on the Swiss Stock Exchange SIX in Zurich. Providing bespoke banking services in Liechtenstein +423 235 6655, Switzerland +41 44 226 2424, Luxembourg +352 404 7771, British Virgin Islands +1 284 494 1100 and Singapore +65 6305 0050.

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South Watch Tortola US$2,000,000

Shannon Manor Tortola US$2,500,000

Brewer’s Sunset Hideaway Tortola US$995,000

Sailor’s Retreat Tortola US$985,000

LIVE THE LIFE YOU IMAGINED THIS CAN BE YOUR WORLD

L

iving in the British Virgin Islands means having an intimate relationship with the ocean and our tropical climate; they permeate our daily activities. Beach day or forest hike? North shore surfing or South shore marina? East End or West End? The choices are many and varied. Choosing to eat out could take you to one of numerous restaurants on several different islands with countless beaches and hidden coves, all an easy boat ride away – power boat or sailing yacht – you choose! The British Virgin Islands comprise over 52 islands, rocky pinnacles and cays, appropriately named “Nature’s Little Secrets.”

BRITISH VIRGIN ISLANDS our qualities are numerous, our benefits endless Each Office Is Independently Owned And Operated

Maritha Keil

Mill Mall, P.O. Box 188 Road Town, Tortola, VG1110 t: 284.494.5700 | m: 284.340.5500/5555 e: maritha@bvisir.com | bvisir.com

www.bvipropertyyacht.com

April 2014

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Editor's Letter, April 2014

CONTRIBUTORS Edward Childs Edward joined Smiths Gore in 1990 having trained with Savills in London in commercial property surveying. Edward established the commercial department at Smiths Gore and was instrumental in expanding the firm’s presence in the Caribbean region.

The month of April is welcome in the BVI for its gift of great weather, pleasant sailing and a host of exclusive events across the islands – the most renowned being the BVI Spring Regatta & Sailing Festival Mar 31 – April 6. Arriving with the freshness of spring, we would like to introduce several new columns to VIPY: Virgin Islands Life – a photo column that will tell a different story every month about the luxury lifestyle here; BVI HomeSense which will answer all your questions regarding real estate and property purchase; and From Sea Level which this month showcases its third piece in the series, emerging from the perspective of a crewed yacht charter chef. In this issue, we feature two properties—one currently under planning stages on Brandywine Estate in Tortola and the other situated in the North Sound of Virgin Gorda—that are ideal for avid sailors; a prominent group in our BVI community due to the excellent sailing waters and abundance of yachts. We also finally unveil the winners of our 1st ever photo competition, revealing the beauty of the BVI in our spread of contestant’s images. We hope you enjoy the article as much as we did receiving the submissions.

See you at the Regatta

Brian Duff Brian has worked in the yacht industry for 18 years. He possesses a detailed comprehension of yachts and he applies this to help his clients fully understand the boats he sells for BVI Yacht Sales. Kate Henderson and Fran Morrell Kate and Fran are owners of House, a renowned BVI retailer that provides everything you need to make your house a home. Jennifer Jenkins Jennifer Jenkins has lived on Virgin Gorda going on six years and has been with Coldwell Banker BVI for almost two years. Before that, she sold real estate in South Florida. Charlotte McDevitt Charlotte is the Executive Director of Green VI, a non-profit organisation that works toward a greener, cleaner and healthier BVI, finding balance between development and conservation of the natural environment. Carlyne Rachele Carlyne has been involved in the sales and renovation of real estate for over 25 years. Her experience in buying and flipping homes has resulted in a successful career in real estate and she is pleased to share her knowledge in the BVI HomeSense column. Louise Reardon Louise has been sailing around the globe on private yachts since 1992 and taught sailing with Offshore Sailing School on Tortola since 2006. She holds an MCA 3000 ton Masters, is a RYA Yachtmaster Instructor, and US Sailing Instructor.

Production Editor Stephen L France

Web Developer Maros Pristas

Publisher aLookingGlass

Sales & Marketing Stephen L France

Creative Director Nick Cunha

Distribution Francoise Frank

Design & Layout Scott Taylor

Finances BVI Accounting

Megan Scholbohm Chef Megan has a fierce passion for cooking. Perfecting her menu on various yachts, most of her phenomenal culinary abilities are self-taught, bringing innovative cuisine to Crewed Yacht Lolalita in the BVI. Shakti Segura Adventurer by heart , Shakti’s passion for photography started in 1997 with a Nikon F1 35mm SLR Camera. When she started travelling in her native Mexico, she discovered the pure joy of telling a story with an image.

Virgin Islands Property & Yacht is published eleven times a year (February, March, April, May, June, July, August, September, October, November, December/January) by aLookingGlass Ltd., Road Reef Plaza 6 and 7, Road Town, Tortola, British Virgin Islands VG1110.

Direct all inquiries to: Email: info@alookingglass.com Phone: 284-494-7788

Copyright 2014 by aLookingGlass Ltd. All pieces reproduced in this issue are under prior copyright by the creators or by the contractual arrangments with their clients. Nothing shown may be reproduced in any form without obtaining the permission of the creators and any other person or company who may have copyright ownership.

Mail: aLookingGlass PO Box 3895 Sea Cows Bay Tortola, British Virgin Islands VG1110

The publisher of VI Property & Yacht, assumes no responsibility for the accuracy of the content placed in its publications. For the avoidance of doubt, aLookingGlass gives no warranty or guarantee in regards to any information placed in its publications.

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Editorial and Business Office: aLookingGlass Ltd., Road Reef Plaza 6 and 7 Road Town, Tortola, British Virgin Islands. Web: www.alookingglass.com Email: info@alookingglass.com Phone: 284-494-7788 Fax: 284-494-8777 Mail to: aLookingGlass PO Box 3895 Sea Cows Bay Tortola, British Virgin Islands VG1110

Brandywine Bay Marina Suites - Rendering courtesy of OBMI


Rare Beach & Waterfront Properties FOR SALE IN THE BRITISH VIRGIN ISLANDS

PETER ISLAND

ANEGADA

Beachfront 1.281 acres, plus 4.48 acre Hillside land

Beachfront land 5.7 acres, Freehold

US $5 Million

US $5 Million

TORTOLA

LITTLE BAY

CANE GARDEN BAY

LONG BAY

Last developable Beachfront land on Tortola. 3.67 Acres

On the beach, 3 bed house with 3 bath.

Waterfront, close to beach, Luxury Great House 6 bed, 6 bath. Lucrative investment property

Price on application

US $1,650,000

US $5,500,000

We are committed to finding your BVI home. Leave it in our capable hands. Bonnie Dougall

Aja Royale

Rebecca Paull

(284)495-3003 info@realestatebvi.net

www.bvipropertyyacht.com

April 2014

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APR

Virgin Islands

YACHT ForPROPERTY mobile, web & print

2014

&

FREE ISSUE

The Virgin Islands’ definitive guide to Property, Yachting and Luxury Lifestyle. Available on mobile devices, online and in print for FREE at over 200 locations in the BVI: including ports of entry, retail stores, marinas, corporate offices and tourist destinations.

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23 VIPY’s 1st Ever Photo Competition

41 BVI HomeSense

The wonderful independence that can be granted by sail training

Some stunning results in our photo contest exhibiting the beauty of the BVI

Deciding the right property to purchase in the BVI

10 Ten Simple Actions toward a Greener,

30 Sailor’s Mecca - Exclusive Feature

46 Residential Sales in the BVI

8 Skipper’s Tips: Be Your Own Captain

Cleaner and Healthier BVI

Development: Brandywine Bay Marina Suites

Making sustainable development a reality in daily life

A new development that fits all the criteria of a dream property in the islands

12 North Sound’s Nirvana – Feature

36 Virgin Islands Life: Wind, a lot of

A spectacular villa located in the exquisite North Sound of Virgin Gorda

Enjoying the adventure that is life in the Virgin Islands

Property: Dos Sols Villa

2014

18 2014 Yacht Sales So Far

5 most expensive yachts sold this season and 5 bargain boats for cruising

water and some waves

A review of property sales in the BVI High Season 2013/2014

52 From Sea Level Ring in spring: A recipe for Seared Tuna with Mango Jalapeño Slaw

Look for our Readers’ Choice issue every October and vote online!

54 Property and Yacht Listings 39 Things We Love us a call 1 284 Home Give accessories with sea 494 side 7788 flair vipy@alookingglass.com

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VirginIslandsPropertyYacht

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Scan and bookmark us

@VIPropertyYacht bvipropertyyacht.com


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April 2014

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By Louise Reardon, Captain and RYA Yachtmaster Instructor

Photography courtesy of Offshore Sailing School

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In the 2008 recession, the bare boat fleet didn’t noticeably slow in the flow of chartered boats leaving the dock. Perhaps this was because many of the trips had been planned and paid for before the financial crisis hit. The season of 2009 did lull a little but also managed to maintain the bookings – the superb cruising in the BVI has kept crewed yachts and bare-boats busy for decades. But what happened when the money in the coffers diminished? Did that dampen the enthusiasm for people to cruise the BVI? It certainly didn’t seem so. The initial response on the market seemed to be a shift to the low end charter companies, with older boats and smaller fleets. There was also a suggestion that for all charter companies to encourage business, there should be less vetting of the resume and qualifications of the named captain. It does beg the question: how many inexperienced captains are out there? The notorious “Ode to the Credit Card Captains”, now viewed by thousands on YouTube, stands as a lesson that being in charge of a boat must demand some level of skill. But despite this thought, Husky Salvage mentioned that there was no noticeable increase in numbers of accidents by bare-boats when the recession hit. Perhaps in the drive to economise, people felt that they could justify the expense of a holiday in a recession period as long as investment in sail-training meant that money would be saved on subsequent trips. Doris Colgate of the Offshore Sailing School noted that 90% of students who responded to the graduate questionnaire said that they planned to


Satellite Television Call for satellite internet services via VSAT, Inmarsat, Iridium, Globalstar & 4G.

charter within two years. Indeed, there are many sailing students who declare that they have a plan to return soon with friends and family and maintain the skills they have learned. There are some who might reasonably be sceptical of the zero to hero sailing course. The fact is with application, it is incredible what one is capable of learning in a very short time; if the quality of instruction and the dedication of the instructor ensure that the syllabus is observed and time honoured, then none of us are wasting our time or money. One noticeable trend observed by Gina of Rob Swain Sailing School in the years after recession hit, was a change of demographic. Where before many of their courses were used as a family vacation, after the crisis they became the reserve of couples or singles on holiday. Many of those responsible enough to invest in sail training have in fact prior experience, but come for further skill development or perhaps the undoing of previous bad habits learned. Flotillas are common here, most particularly with Sunsail and a responsible way for the weekend sailors to explore these ideal, non-tidal cruising grounds. This is because with relative ease they can get out on the water, be independent enough to drive their own boat, not have to share their quarters, but live within the safety blanket of a fleet captain to help on navigation and engine troubleshooting. Yachting is still considered a high-end type holiday, but there have been many changes in the business making it much more accessible and economical. Production built yachts are easier to drive and cheaper to charter and the skills to bareboat are all the easier to acquire; you really can be your own captain. It is the privilege of every instructor to empower their students with competence and confidence. So for the month, consider this: apprentice under a good mentor, then gift them with the joy of seeing you return with your new found independence. Knowledge is power. Bon voyage! PROVIDING SOLUTIONS FOR YOUR YACHTING NEEDS

Tel: +1 284 494 2268

BRITISH VIRGIN ISLANDS

PORT AGENTS

www.islandshipping.com

t +1 284 494 2400 f +1 284 494 5389 caybvi@candwbvi.net

www.cayelectronics.com

operations@islandshipping.com www.bvipropertyyacht.com

April 2014

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Eco-Me products – cleaning products made with plant based ingredients. Healthy for you and your environment. Currently sold at Nutmeg Designs.

By Charlotte McDevitt, Executive Director –

It has been said “the earth does not need us–we need the earth.” This pragmatic statement may seem like an obvious over-simplification, but our current behaviours indicate that we do not link the consequences of our daily actions to the bigger problems humanity faces. Problems such as climate change, inequality, shortage of landfill areas, polluting our water and the air we breathe, thereby leaving this challenging legacy to our children for their generation to clean up. The term sustainable development, as defined by the Brundtland Commission in its 1987 report “Our Common Future”, is defined as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” What does this mean for the BVI and how can we set about applying these concepts in our daily lives? It’s easier than you think and, more often than not, it’s cheaper.

Do you really need more stuff? Take time to think before your next purchase and try to focus on buying what you really need

Is all this packaging really necessary? Select items that minimise packaging and take your reusable grocery bags to the store in order to reduce waste. Avoid single-use disposable plastic bottles and styrofoam containers

Does this have to be thrown away or can it be used as a resource to make something else? Vegetable peelings can easily be composted to become potting mix for your houseplants. Quite a lot of your trash can be turned into treasure - jewellery, lamp shades, furniture and much more. Formal recycling will soon be arriving in the BVI, so be ready to recycle

Can this be repaired? There are options in the BVI for repair of appliances as well as shoes, bags and clothing. Simple repairs can extend the life of items and help to reduce waste. You can also refill ink cartridges on Tortola instead of throwing away old cartridges TradeWinds Yachts: 2013 Save the Blue award winner. Uses biodegradable cleaning agents and encourages Reefsafe products. Discreetly placed solar panels assist in boosting energy levels. Fitted with rain catchers. Biodegradeable corn bags are used in place of traditional black plastic bags. Hygienic aluminum bottles are used instead of plastic bottles. Filtration system produces drinking water

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Use only energy efficient appliances and light fixtures - LED is the preferred choice. Consider using renewable energy in your home or business as legislation that currently restricts renewables, will soon be a thing of the past

BVI CYS Boat Show and Spring Regatta ‘green’ their events and encourage sailors to adopt sustainable practices

Take the time to clean and maintain your cisterns so as to maximise the use of rainwater. Consider using aerators on your taps, and water displacers in toilets to reduce water consumption Join the BVI Sustainability Network or commit to signing up for Conservation and Fisheries Green Pledge bvidef.org and do your bit towards achieving a sustainable BVI Be an ambassador for protecting the quality of our lives – there is some excellent work being done in the BVI that can inspire you to take action. See what individuals, businesses and the Government are doing at greenvi.org or bvidef.org

Learn what others are doing and join the next meeting. Watch the press for details

Use only cleaners that are environmentally friendly or, make your own. Select eco-friendly paints and minimise harmful chemicals wherever possible. This reduces the amount of toxins dumped into the earth’s systems – toxins that inevitably find their way back into our bodies Educate yourself, your co-workers and others about the benefits of a sustainable lifestyle

Cooper Island – best practice for sustainability in action for a resort

www.bvipropertyyacht.com

April 2014

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Feature Property: Dos Sols Villa Words by Jennifer Jenkins, Agent – Coldwell Banker BVI

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www.bvipropertyyacht.com

April 2014

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Dos Sols Villa

is perched on near

an acre of freehold land above Little Leverick Bay beach in the North Sound of Virgin Gorda. Spectacular views, cool breezes and easy access to the beach make this property rare and highly desirable. The property is 50 yards from the closest white sand beach in ideal proximity to all the water sports activities in the North Sound, including pristine snorkelling opportunities directly in front of the villa. With a nearby boat yard, boat ramp, moorings, and a full service marina at the Leverick Bay Resort, this villa is perfect for homeowners who wish to explore the neighbouring islands and all the local hotspots in the North Sound. The true north orientation of this villa, plus steady easterly trade winds makes it a dream come true for windsurfers, kite surfers, kayakers and sailors. An attractive amenity, the gourmet kitchen features native stone accents and new stainless steel appliances. The unique architectural design separates each bedroom from the main villa, allowing family and friends to gather on the large covered veranda or pool deck, while providing the privacy and intimacy of separate bedroom cottages.

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North Sound Aerial - Photo Credit: Rainbow Visions BVI

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Bedrooms encompass three detached cottages and one lower level main villa bedroom located adjacent to the pool all complete with en-suite baths. A total of four bedrooms plus a den with accommodations for up to eleven individuals, each is air-conditioned with Caribbean-style outdoor showers overlooking the water. Bedrooms are clustered on different levels around a freeform pool and native stone deck. The pool is comfortably heated allowing for continued enjoyment of the

Dos Sols Villa

water during winter months of shorter daylight hours and brisk breezes. “Sea Aria”, the master suite cottage, is designed for privacy and intimacy with a king-size bed, sitting area, mini-refrigerator, coffee-maker,

• 4 full air-conditioned bedrooms (3 in separate cottages), plus a den, which

covered veranda with fabulous views to Prickly Pear Island and the North

easily converts to a 5th bedroom

Sound boating channel. “Grotto” is situated below the pool with steps to the bottom of the property and beach access; a queen-size bed and two twin beds permit creative sleeping arrangements. A mini-refrigerator and coffee-maker allow a morning beverage break on the covered veranda. “Poolside” is located, as its name suggests, adjacent to the swimming pool.

• 5 full bathrooms, all with outdoor showers • An open-design Great Room/kitchen/dining area with 5-ft sliding glass doors • Oversized covered porch for outdoor living and dining • Native stone bar with seating for 4 • Heated freeform 10,000-gallon pool with natural stone deck

This intimate room is furnished with a queen-size bed, air conditioning,

• 1-car garage with storage space for “water toys”

coffee-maker and outdoor Caribbean shower.

• Laundry room, and a separate large storage room with carpentry work bench

“Para Docs” is positioned just next to the pool and features a native stone outdoor shower, king-size bed and beautiful views of the North Sound. The grounds of Dos Sols Villa are tended to by a private gardener with pathways that grant admiration of the beautiful tropical flowers and trees. Bananas, mangos, limes, oranges, pineapples, papaya, and coconut are some of the many fruits grown on the property and available while in season. In walking distance to Leverick Bay Resort, residents can experience shopping, a fine dining restaurant, a fun beach bar restaurant with live

• 20 kW automatic propane generator, with 700 lb propane storage • 3 freshwater cisterns (19,000 gallons total), plus a separate government water supply throughout the villa • 5 water/energy-saving on-demand water heaters throughout the villa, and a supplemental solar water heater • 0.8 acre lot, with extensive cultivated flower and fruit gardens, serviced by a full irrigation system For more info contact:

music, a spa, a laundry facility, a full service Marina, a dive shop and a grocery store with plenty of gourmet selections to choose from. With these conveniences heightening the overall living experience, Dos Sols Villa comfortably bestows the calm and tranquil lifestyle renowned of the Caribbean.

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Jennifer Jenkins

US $1,995,000

Phone: (284) 495 3000 Mobile: (284) 346 2048 jenjenkins@coldwellbankerbvi.com www.coldwellbankerbvi.com


www.bvipropertyyacht.com

April 2014

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2014 Yacht Sales so far…

5 Most Expensive Yachts Sold This Season and 5 Bargain Boats for Cruising Words by Brian Duff, Yacht Broker – BVI Yacht Sales Photography courtesy of BVI Yacht Sales

The 2014 yacht sales market in the BVI has been very active in the first two months of this year–

a flourishing marketplace with some interesting trends when compared to previous years. The most significant observation is that in 2013, the value of the five most expensive yachts to sell was $953k where as in 2014 so far, the value totals over $1.5M with the most expensive individual yacht trading in the first two months of this year falling in at $400,000. This indicates a strong recovery of the top end of the market this season.

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This sailing season’s sales have been the hottest we have seen in this region in the past four years. This has been great for the local yachting market; the presence of increased spending means business for brokers and following, more money for registration agents, sailmakers, mechanics, marinas, boatyards and any other businesses tied with yacht ownership. However, it’s not all about the most expensive yachts on the market. Companies such as Nanny Cay Marina are aware of this and enforce a policy of diversity to protect themselves from market trends as well as to ensure a well-rounded and enjoyable community for all involved. At the other end of the spectrum, the five bargain-priced boats this season have sold for a total of $165k or an average of $33,000 each – the steal of them all at $21,000. This compares to a total of $265k for 2013 with the lowest priced yacht selling at $25,000. It’s interesting to see that the yacht sales’ revenue for the top of the market has increased and at the lower end decreased, which works well to help make the BVI more accessible to sailors with varied budgets. It also shows that our region is succeeding in attracting a wide audience of visitors from around the world, all here to enjoy the fabulous sailing we provide. So just what are the most expensive boats and least pricey yachts to sell this season so far?

5 Most Expensive Yachts Sold This Season 1. 46’ Roberston and Caine Leopard Catamaran, yr 2009, a 4-cabin Crewed Charter yacht, sold by The Moorings 2. 39’ Robertson and Caine Leopard Catamaran, yr 2011, with ‘Owners Version’ layout which uses one entire hull for just a private owners cabin, sold by The Moorings 3. 45’ Cecil Lange and Sons Ketch, yr 1996, a single cabin single head centre cockpit ketch of traditional design built specifically for offshore voyaging, sold by BVI Yacht Sales 4. 46’ Beneteau Oceanis, yr 2007, 3 cabin private single owner boat well equipped, sold by BVI Yacht Sales 5. 40’ Robertson and Caine Leopard Catamaran, yr 2006, 4 cabin ex charter boat, sold by The Moorings

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5 Bargain Boats for Cruising 1. 32’ Beneteau Oceanis, yr 2005, 2-cabin ex-charter yacht, sold by The Moorings 2. 36’ Beneteau Oceanis, yr 2001, 2-cabin ex-charter yacht and privatised with cruising gear, sold by BVI Yacht Sales 3. 39’ Tollycraft Fast Passage, yr 1983, 2-cabin offshore cruising yacht in need of some refitting, sold by BVI Yacht Sales 4. 28’ Pro-Line Powerboat, yr 1997, centre counsel twin outboard yacht, sold by Virgin Gorda Yacht Sales 5. 35’ Chris Craft Ketch, yr 1976, a centre cockpit sailing yacht, sold by BVI Yacht Sales

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Of the 23 yachts sold in the first two months of 2014, we can see quite a spread of options available from the five most expensive to the five cheapest. In between lie 13 other yachts that suit the tastes and budgets for every sailor or boater out there. No matter what boat you choose to sail on, the anchorages offer excellent protection, great holding grounds, beautiful sunsets and crystal clear waters to swim. The beaches have great restaurants and bars to watch the sunset over drinks and proceed to dance the night away. At any yacht enthusiast’s budget, the BVI is here for all to enjoy.  *** Data relates to professional brokerage sales - source is soldboats.com


www.bvipropertyyacht.com

April 2014

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Did you just do something with your hair? No... ...we just lowered our rates, added more benefits and bought a new pair of shoes. 284-494-6433 | nagicobvi.com info@nagicobvi.com

VEHICLE

MEDICAL

PROPERTY

BUSINESS

MARINE

Serving the Caribbean for over 30 Years: Anguilla • Antigua • Aruba • The Bahamas • Bonaire • B.V.I. • Curaçao • Dominica • French Antilles Grenada • Montserrat • Saba • St. Eustatius • St. Kitts & Nevis • St. Lucia • St. Maarten • St. Martin • St. Vincent • Trinidad & Tobago

DRAKES TRADERS

Est. 1984.

The ACE Hardware store at Drakes Traders is the ultimate one-stop shop for all your home improvement and maintenance needs. Not in the store? No problem. We can bring in any ACE product. Lawn and Garden Outdoor Living Electrical & Lighting Tools Power Tools Hardware Paints & Sealers

And many more!

Pool Visit our showroom located at Fish Bay, Tortola

Fishing

We guarantee the quality and reliability of our products and customer service.

Home improvement

(284) 494 3282 | drakestraders@surfbvi.com | www.drakestraders.com

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First and foremost,

we would like to thank you very much for all your entries. We thoroughly enjoyed reviewing and sharing the beautiful land and seascapes of our categories and hope you will appreciate seeing your images in print for readers to relish. Photo categories: Best Overall Photo Best Photo of Tortola Best Photo of Virgin Gorda Best Photo of Anegada Best Photo of Jost Van Dyke Best Photo of an Outer Island in the BVI Although the winning photos were decided by Facebook vote, additionally, we selected what we felt were some choice picks. We have published these as well to exhibit the stunning paradise that is the BVI. If you missed the opportunity to join this competition, never fear – there will be more chances with competitions and prizes up for grabs. Congratulations to all the winners – we hope you enjoy(ed) your time in the BVI as much as we did viewing your submissions.

www.bvipropertyyacht.com

April 2014

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Best Overall Photo Mallory Sammons Title: UPSCALE Seeing these rocks took my breath away Virgin Gorda, summer 2013

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Best Photo of Tortola Karen Freeman Title: RAINBOW OVER THE CLUBHOUSE Taken from the poolside area of the Clubhouse at Frenchmans *Taken on a camera phone

Best Photo of Virgin Gorda Guendalina Buzzanca Title: SPRING BAY Cliff jumping from Spring Bay Rocks

www.bvipropertyyacht.com

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Best Photo of Anegada Trudy Childs Title: ANEGADA Sand Flats on the south shore of Anegada

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Best Photo of an Outer Island in the BVI Mallory Sammons Title: REFRESH Taken on Peter Island while sitting by the ocean

Best Photo of Jost Van Dyke Chris Gourley Title: DIAMOND IN THE ROUGH Mangroves at Diamond Cay, Jost Van Dyke www.bvipropertyyacht.com

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1:

2:

3:

4:

5:

6:

7:

8:

9: VIPY Choice Picks

10:

11:

1: Chris & Joanne Vidler Plowman 2: Chris Gourley 3: Elissa Bettcher 4: James Bryant 5: Juan Carlos Quezada 6: Mallory Sammons 7: Melvin Rutledge 8: Trudy Childs 9: Trudy Childs 10: Shane Donovan 11: Susan J. McDavit

To see all competition entries, visit bvipropertyyacht.com/bvi-photo For further details on upcoming competitions or news about the BVI, please subscribe at bvipropertyyacht.com

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Sailor’s

Mecca

EXCLUSIVE FEATURE Development:

Brandywine Bay Marina Suites

Property Renderings Courtesy of OBM International

The beautiful Brandywine Bay Estate

at the East End of Tortola is to be host to a rare and dynamic property development, offering amenities greatly sought after by potential homeowners. Buyers seeking affordable relaxation in the Caribbean and easy accessibility to the BVI marine world—whether for cruising around the islands or relishing the multitude of water sports activities—will have their requisites and more challenging demands satisfied.

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One of the most popular requests of property purchasers in the BVI pertains to the advantageous quality of a dock.

Presented by Maritha Keil, broker at Sotheby’s International Realty, Brandywine Bay Marina Suites is a project that intends to take all the dream aspects a BVI homeowner desires in financial feasibility, aesthetically-pleasing views, architectural integrity, dynamic functionality with the unique and extremely desirable amenity of a dock, suiting lovers of the ocean. One of the most popular requests of property purchasers in the BVI pertains to the advantageous quality of a dock. This is due to the country’s renowned reputation as the sailing Mecca of the world. Subsequently, the BVI has amassed its allure among the yacht community as its primary audience, who aspire residency in the Territory and a dock attached to their dream home, completing their heavenly image of easy-living. The properties’ interiors and exteriors will seek to provide a spacious feel that will maintain privacy and evoke a strong feeling of freedom with the vast expanse of the sea view outside. Each suite will hold a spacious open plan living/ dining area with three bedrooms, three en suite bathrooms, a study and the highly coveted amenity of a private dock. www.bvipropertyyacht.com

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Easy access to the docks is another benefit, allowing boat maintenance

One of the most attractive elements of living in the British Virgin Islands

and mechanics to easily reach individual’s vessels when necessary.

in comparison to other Caribbean islands is the sailing waters and proximity

Optimistically, the docks will be able to host 30ft boats.

of its 60 islands and cays, all offering vastly different attractions; some

Fully air-conditioned and hurricane protected as a precaution, the properties are fit for the most extreme weather conditions that the BVI may experience. These homes will be turnkey properties complete with all fixtures and state-of-the-art finishing’s, making the move-in process simplicity itself. Boat storage units in the basement of the suites contribute to the overall feeling of ease that the property intends to project for residents, thereby erasing the task of acquiring storage space on another site. Located on the famous Sir Francis Drake Channel, the spectacular view is only surpassed by the experience of sailing, racing or cruising on the ocean itself.

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residents are pleased with the social life and hub of activity in Tortola, considered the capital island of the BVI. Others might be more attracted to Virgin Gorda’s pristine beauty and more exclusive demeanour. Some crave the hedonism granted by Jost Van Dyke’s famous bars and locales while others are drawn to the island of Anegada with its exquisite tranquillity. The greatest purpose of the Brandywine Bay Marina Suites is their location and grand feature of a dock, which will make taking advantage of this BVI lifestyle benefit of travel between isles, a functional part of daily life.


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3/8/2012 12:58:41 PM

A Day of Discovery with the Service You Want

Take a day to discover the British Virgin Islands from the deck of a private yacht. Experience a Day Sail with The Moorings where you can island hop with a professional skipper or even indulge in a full crew. You’ll find the freedom to swim, snorkel or simply soak in the sun while surrounded by crystalline waters. Escape for the day and discover a new way to see the BVI.

on the water

U N F O R G E T TA B L E M O M E N T S

Call (284) 393.2417 visit www.moorings.com or email gosailing@moorings.com

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April 2014

35


A great place to live, or just spend some time...

…an outdoor playground fo r kids and adults, there are many exot ic places to explore and in credible wate r sports to le arn. Get wet! Get involved! Spend so m e ti m e with friends and family disc overing all th e stunning views BVI. Play with of the the wind. Trad e some boating while sailing, or stories just relax an d enjoy the be ach. Savour happy hour appetise rs and sampl unique cockta e the ils before the most beautifu l sunset at your favour ite bay. This is the BVI

- see you here!

tograp a n d P h oe g u r a s d r o W ti S by Shak

hy

Enjoy the view from Cane Garden Bay and Long Bay, Tortola

Bomba Shack

Looking f or wind can be a task somet hard imes – wa ves and su the Carib n make bean wha t it is!

36

ay at the ts in Apple B ar st ip tr is Bay es – th Cane Garden BVI fun wav – Next stop: ck ha S ba om famous B on e & wind acti for more wav

VI PROPERTY & YACHT

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Bay g walk Amazin at Long a t e s n u s rtol before End. To t s e W Beach


Kites Up!

kite surf lesson at Bitter End Virgin Gorda

Kids Opti Sailing – the Royal Yach t Club Opti Sailo rs practice at Nanny Cay Tort ola.

I’m th e the w king of orld – sailing with th

e family can be the most fun activity for kids

Spinnaker down at sunset

approaching Nanny Cay

Boat hunting – classic boats abound in the BVI

stay y of fun, try to ay – after a da B en s rd Ga ne s the best sunset Evening at Ca nightlife follow t es tt ho e th e ne wher overnight at Ca www.bvipropertyyacht.com

April 2014

37


One Beach Road

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VI PROPERTY & YACHT

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Using minerals found in sea water, these natural bar soaps are quickly becoming a customer favourite

By Kate Henderson and Fran Morrell, House

Decorative shells and starfish create calming coastal style

Perfect for our al fresco lifestyle, flameless candles create a realistic effect without blowing out! Bringing you the fresh scents of the beach, these all natural cleaning products make any household chore like a trip to the seaside!

Ocean inspired book-ends, turn boring bookshelves into a unique display

Located on Wickhams Cay 2, Tortola, British Virgin Islands (284) 494 1920 info@housebvi.com I www.housebvi.com A fabulous collection of furniture and decorative accessories for inside and outside the house.

www.bvipropertyyacht.com

April 2014

39


40

VI PROPERTY & YACHT

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Words by Carlyne Rachele, Agent – Sotheby’s International Realty BVI

Welcome to VIPY’s new column BVI HomeSense. In this series of articles, we hope to indulge the lovers of properties and homes and to make hesitant buyers and cautious owners more comfortable. We plan to cover many topics in this column, from tips to buying a home and improving a property to selling and negotiating a sale or purchase. How does one determine where to buy, what to offer, how to price a home and get it ready for sale? What is involved in building a home in the BVI? – We hope to address topics to make the process of buying and selling simpler and, in turn, if you are a homeowner, to increase the value and saleability of your property. www.bvipropertyyacht.com

April 2014

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This month, we look at the decision on type of property to purchase in the British Virgin Islands, as the choice of options is extensive. Asking the following specific questions can usually direct the buyer to the type of property purchase they seek: Is the solitude of a private island the right choice or do you like being around lots of activity? Is a condominium or managed property the way to go for your lifestyle? Will you be a permanent resident of the BVI or will you come and go? Do you no longer want the responsibility of a home or do you value your privacy and autonomy? What is the difference between a leasehold and freehold property? If you are looking for a somewhat private island, there are various options, but if you’d like the solitude of a private island and are willing to share with others, Great Camanoe, Oil Nut Bay, Scrub Island, and Blunder Bay are excellent choices. Both land and residences are available for sale on Great Camanoe, which has both a freehold side and a leasehold side to choose from – more on that later. Outer island living requires one to be comfortable using a boat for transportation and access to amenities.

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284-494-6433 | nagicobvi.com info@nagicobvi.com

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42

VI PROPERTY & YACHT

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The decision to buy a private home, or a managed property, whether it is a condo or free standing home, has much to do with lifestyle. Condos or managed properties are a great option for snowbirds—those who fly home for the summer months—and cater to a more carefree style of living. A managed property has a company look after the residence and rent it if that is so desired. Having your property generate income can be a motivating reason to buy in the BVI as it is a desirable vacation destination and the rental market is very active. A private home may be the perfect choice for families and permanent residents of the British Virgin Islands. Property in the British Virgin Islands is either freehold—also known as fee simple—or leasehold. Freehold is simple enough; the owner owns the property outright. With a leasehold property, the land is often owned by the government and leased for a fee for a certain length of time, initially 99 years. It is important to consider the length of time left in the lease as the yearly lease cost is likely to increase upon renewal, which will affect the present owner and the resale value. Addressing some of the issues and questions in the above paragraphs should be of great assistance in making a decision on the type of property to purchase in the British Virgin Islands. We look forward to your input on this column and hope to address your interests. Contact us at +1 284 494 7788 or email vipy@alookingglass.com with your queries.

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VI PROPERTY & YACHT

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For mobile, web & print The Virgin Islands’ definitive guide to Property, Yachting and Luxury Lifestyle. Available on mobile devices, online and in print for FREE at over 200 locations in the BVI: including ports of entry, retail stores, marinas, corporate offices and tourist destinations.

Virgin islands

PROPERTY&YACHT

T H E l i F E s T Y l E g U i d E T o Pa r a d i s E

FEB 2014

FREE ISSUE

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FEATURE PROPERTY: STEELE POInT ESTATE The essence of serenity and seclusion

Caribbean Bliss: Golden Pavilion Villa A tranquil world of its own within the Caribbean

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2014

Look for our Readers’ Choice issue every October and vote online! Give us a call 1 284 494 7788 vipy@alookingglass.com

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@VIPropertyYacht

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45


BVI

Residential Sales By Edward Childs, Director – Smiths Gore

in the

From the time we have been analysing house sales in the BVI, some interesting patterns have emerged reflecting changing market conditions. First came the steady growth in sales until 2008, broken only by a decline in 2006 which likely reflected market reaction to the change in the rate of stamp duty from 8% to 12% in 2005. First came the steady growth in sales until 2008, broken only by a decline in 2006 which likely reflected market reaction to the change in the rate of stamp duty from 8% to 12% in 2005.

46

VI PROPERTY & YACHT

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At the peak of the market in 2008, reflecting contracts mainly signed in 2007, there were a total of 29 house sales (over the $500,000 threshold we use for our research) with a total transaction value of over $46M and a mean sale value of almost $1.6M. By price category, there were fifteen sales under $1.0M, eleven sales between $1.0M � $3.0M and three sales over $3.0M. Only three BVIslanders were represented amongst the 29 buyers.


licences being submitted, the time to process Sales then fluctuated between 2009 and 2012, licences also fell from a wait of over twelve with a low reached in 2012 when only nine sales months at the peak of the market in 2008 to were recorded at a total transaction volume of generally under six months by 2012. just over $16M. The BVI property market had Residential transactions for 2013 paint a reached its low point which reflected similar different picture, with the total number of sales market conditions experienced elsewhere in increasing to 21 with a transaction value of more the Caribbean. If there was a positive trend to than $27M. Local purchasers continue to be emerge from the changing market conditions, it strongly represented in the market, purchasing 9 was the rise of local investors who became the of the Chart 21 homes sold in 2013 according to Land prevalent purchasers of houses under $1.0M. Price Index 2003-2013 4 Registry information. With the fall in the number of landholding BVI Home Price Index 2005‐2013  (Sales over $500,000) $2.00

30

25 Price Index 2003-2013 Chart 4

$2.00

30

$1.00

15 25

10

5

20

$1.00

15

10

Mean Sale Price ($M)

$1.50

Mean Sale Price ($M)

$1.50

BVI Home Price Index 2005‐2013  (Sales over $500,000)

Number of Sales

Number of Sales

20

$0.50

$0.50 5

0

No. of Sales Mean Sale Price $M

2005 19 No. of Sales

2006 0 11

2007 2005 19

$0.87

Mean Sale Price $M $0.87  $0.91 

2008

2006

2007

$0.91

$1.21

26 11

$1.21

26

2009

2008

2009

$1.60

$0.97

29 29

$1.60

15

15

2010 2010 21 $0.92

$0.97

No. of Sales

2011

2011

2012

$0.77

$1.79

21 15

$0.92

9

2013

2012

$0.00

15 21

$1.31

$0.77

2013

9

21

$1.79

$1.31

$0.00

Mean Sale Price $M

No. of Sales

Mean Sale Price $M

Page 1

Page 1

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April 2014

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The mean value of homes sold in 2013 was $1.31M. Due to the small number of total sales, mean sale values can be influenced by one‐off, high end villa sales as is seen by the higher mean value achieved in 2012 where there were two sales above $3.0M but only five sales below $1.0M. Historic data is outlined in the tables. Analysing the sale of finished homes only provides a part of the picture of the real estate market in the BVI as land sales and new construction are also important. This is particularly the case in the North Sound area where the sale of land within resort communities has established North Sound as one of the leading destinations in the Caribbean. The developments at Oil Nut Bay and Mosquito Island are setting new standards in regional resort residential communities and the sub‐division at Blunder Bay Estates is now underway as a smaller estate community designed to attract niche purchasers. All three developments are primarily focused on the sale of lots although a limited number of finished homes are offered at Oil Nut Bay. The transaction sale volume of lots from these three developments alone will eclipse the combined sales transactions for finished houses in the remainder of the BVI. Elsewhere in the BVI, land sales have generally slowed as purchasers are now opting to acquire developed property which is more competitively priced. In the growth years between 2004 and 2007, land sales were more prevalent as land prices had generally not increased at the same rate as developed property. Purchasers could sense that a profit could be made should they elect to sell on completion of construction. There was also a strong market amongst Belongers and residents looking to establish a home, but who found purchasing developed property beyond their means as prices for houses increased with few properties available below $1.0M. With changing market conditions, this advantage disappeared with purchasers reverting to a preference for developed property where vendors have reacted by reducing asking prices. Looking forward as the 2013/14 high season draws to a close, this season has generally reflected the same level of activity as the previous year. Quicker approval times for land holding licences, combined with a more buoyant North American market, has led to a substantial increase in year on year sales between 2012 and 2013. However, the BVI is a small market and given the large inventory of homes available, for the time being, it remains a buyer’s market.

Belonger and Non‐Belonger Home Sales 2005‐2013 (Sales over $500,000) 30

Number of Sales

25

20

15

10

5

0 2005

2006

2007

2008 Belonger

2009

2010

2011

2012

2013

Non‐Belonger

www.bvipropertyyacht.com

April 2014

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British Virgin Islands

RECIPES FROM ACCLAIMED BVI RESTAURANTS & CHEFS

50

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April 2014

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A recipe for Seared Tuna with Mango Jalapeño Slaw Words and photography by Megan Schlobohm, Chef - SV Lolalita

lthough the seasons in the

Virgin Islands don’t see the drastic change that happens in other parts of the world—what with a lack of snow, ice and temperatures anywhere near freezing—there is actually a change in environment that comes with the progressing months. April marks the first hints of what we Virgin Islander residents know as spring: even warmer temperatures, bath-like waters, gentler breezes, and quieter anchorages. For yachtsmen, the Virgin Islands transforms from a bustling social mecca into a more secluded tropical playground. April also welcomes mango season – a highly anticipated time of year for chefs everywhere. Mango trees are dripping with colour – radiant purples, fiery reds, glowing yellows and the enticing promise of delectability.

52

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The versatility of this gorgeous fruit inspires many gastronomic creations for meals and cocktails throughout the day. One of my favourite uses of the brilliantly-coloured mango, has it perfectly paired with a seared tuna steak for a refreshing and light lunch.

`` 6 fresh tuna steaks

`` 1 egg-sized piece of

`` 2 cups soy sauce

ginger, peeled and grated

`` 1 cup honey

`` 2 TBS black sesame

`` 2 TBS sesame oil

seeds (and some extra

`` 1 TBS red curry paste

for garnish)


`` 3 ripe mangoes `` 2 fresh jalapeĂąos `` 1 red onion `` 1 red bell pepper `` 1 egg-sized piece of ginger, peeled and grated

`` 2 sprigs green onion `` 1 handful fresh tarragon (and some extra for garnish) `` 2 TBS cream of coconut `` 2 TBS mango nectar `` 2 TBS sesame oil

`` 1 package vermicelli rice noodles, cooked, cooled `` 1 lime, sliced into 6 pieces `` 6 small piles of pickled ginger

Go Play.

`` Prepared wasabi for 6 plates

Leave the work to us.

`` Chilli garlic sauce

From conception to completion, we have the depth and experience to advise on a broad range of legal issues – from title verification, planning and design approval, through to

In a mixing bowl, combine soy sauce, honey, 1 TBS sesame oil, curry paste, ginger, and sesame seeds. Place tuna steaks in a long, flat pan with high sides. Pour soy marinade over the steaks, let sit in the refrigerator for an hour, turning the steaks over several times. Slice the mangoes, jalapeĂąos, red onion, and red bell pepper into thin, julienned strips, place in a large mixing bowl. Add in diced up green onions, cilantro, cream of coconut, mango nectar, and sesame oil. Toss to evenly coat. Let sit in the refrigerator for an hour, stirring occasionally. Place in each corner of your plate: a lime slice, pickled ginger, wasabi, and a dollop of chilli garlic sauce. Fill a plating ring 1/3 full of vermicelli rice noodles; fill the rest with mango slaw. Remove the ring and garnish with tarragon. Heat sesame oil in a non-stick pan and sear the tuna steaks very rare; slice in half on a bias. Place the two halves leaning next to the mango slaw. Garnish with black sesame seeds and enjoy!

corporate structuring and financing. This is why hundreds of buyers and sellers, including every five star resort in the BVI, have turned to us for representation in real estate.

R E A L E S TAT E

+1 (284) 494 5808 Contact: Willa Tavernier wtavernier@onealwebster.com www.onealwebster.com

www.bvipropertyyacht.com

April 2014

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“We understand the true value of a home in the Islands”

AQUAMARE M A N G O B AY $18,500,000 Three 8,000sqft beachfront Villas. Setting a new standard for luxury in the BVI

GUANA VIEW VILLA C O O T E N B AY

$2,800,000

STEELE POINT WEST END $15,000,000

BVI’s signature Villa is for sale. 19 room custom beachfront 5 beds, 2 acres, private dock, home. No other BVI home helipad. Complete privacy finished to this standard.

T U R T L E B AY H O U S E M O U N TA I N T R U N K B E A C H

$2,750,000

Waterfront new build, 3 bed- 1.5 acres beachfront, newly rooms, beautiful North Shore renovated, 4 bed, pool, best island and ocean views sunset views in the entire BVI!

Under $1m

S A I LO R ’ S R E T R E AT TOWERS $980,000 Immaculate 3 bed villa in private, gated estate. Views simply breathtaking!

RAKU C R O O K B AY $5,500,000

BREEZEHAVEN $895,000 Two 3 bed homes with pool for the price of one! Outstanding views at Havers.

CORAL HILL HOUSE R I D G E T O P, B E L M O N T

$2,500,000 Smuggler’s Cove, Jost Van Dyke & Sopers Hole. views. Refined detailing, complete privacy. 3 bed, pool, studio

THE RICE HOUSE $650,000 Delightful island cottage on Spyglass Hill. 3 beds, pool, great neighbourhood.

LAVIDA N A I L B AY $4,000,000

ST EDMUNDS SOLDIER HILL $4,000,000

New build contemporary 5 bedroom home on the beach with large infinity pool.

Spectacular hilltop home overlooking Brewers Bay. Highest quality finishes throughout.

$1,995,000

A N ATO L A L I T T L E B AY $1,600,000

Adjacent to The Baths National Park. 4 bedrooms, pool. great luxury vacation rental villa.

Delightful 4 bed home, short stroll from Tortola’s most romantic beach.

LA CACHETTE T H E B AT H S

PA R K V I E W $600,000 Affordable 3 bed with pool at Romney Park. Easy living with generator, shutters etc

THE HANDSOME BEACH HOUSE $480,000 A delightful 2 bed cottage right on the beach at Handsome Bay. Calling out to be expanded!

Low Energy Home H a w k ’s N e s t , To r t o l a $ 1 . 6 m Delightful 3 bed hillside home with pool providing simply breathtaking views of 14 islands including Virgin Gorda, Great Camanoe, Anegada and Guana. Power supplemented by wind and solar. Green living in some style!

R E A L E S TAT E B V I

www.coldwellbankerbvi.com (284) 495 3000 www.bvivillarental.com info@coldwellbankerbvi.com www.bvipropertyyacht.com Visit our offices at Nanny Cay Marina, Tortola, or Spanish Town, Virgin Gorda April 2014

55


Luxury Villa Rentals

Local Expertise

Global Exposure

VILLA VALENTINA

L o c a t e d i n L o n g B ay R e s o r t , comprises three self-contained levels which can be rented together or separately. Ideal for families and groups or couples. Overlooking the beach - an easy walk away.

Villa from $290 per night

CAPTAIN’S HOUSE

CAptain’s House is deser vedly popular. Well laid out with two kingsize bedrooms in separate pavilions, it is beautifully designed to offer space, privacy and wondrous views over the ocean.

Villa from $308 per night

CELESTIAL HOUSE

BOUGAINVILLEA

Villa from $1800 per night

Villa from $270 per night

STAY AMONGST THE STARS … Glorious views of the heavens from the observatory terrace. Five bedrooms, sleeps 10 in exquisite comfort. Largest private pool in the BVI - 80 ft infinity pool with hot tub and ‘Margarita seat’ - most perfect place on the planet to enjoy a sundowner. The ideal vacation escape.

BLUE HORIZON

home invites cool breezes and ample air flow into every room. Large doors open wide to fresh, flora-infused breezes, circulating through the main bedroom and tunneling through the living room.

Villa from $450 per night

ST. BERNARD’S HILL

The charm and beauty of this villa, with pleasing decoration, antiquities and original Caribbean artwork ease the senses, making St. Bernard’s Hill a re l a x i n g a n d p e r f e c t v a c a t i o n destination.

Villa from $3928 per night

Maritha Keil (Broker) m: 284.340.5500 e: maritha@bvisir.com

Each Office Is Independently Owned And Operated

VILLA TOWANDA

Located at the southern tip of Virgin Gorda above the Baths, famous for its dramatic boulders also incorporated into Toad Hall. 3-bed, 4-bath on 5.5 acres of mature landscaping with a footpath to the beach

Villa from $336 per night

BAYHOUSE VILLA

Just 42-feet above the beach, with stunning 180-degree views over the Caribbean Sea and neighboring islands, Bayhouse was designed mixing classical Caribbean elements and modern, contemporary style.

Villa from $700 per night

Carol Olympitis & Kim Huish (Vacation Villa Specialists) t: 284.494.5700 e: vacation@bvisir.com

Traditional pastel Caribbean colours enhance this very charming house. 3-bed, 4-bath with impeccable attention to detail, it has a light and airy feel, while maintaining its structural integrity. This unique home offers amazing views, sunrises and sunsets. Serene and calming, beautiful landscaping, cooling breezes that relax and refresh.

MANGO MANOR

Locate high above The white sand beaches of Cane Garden Bay and the aquamarine waters of the Atlantic Ocean, Mango Manor is the ideal getaway providing the ultimate in luxury vacations.

Villa from $3750 per night

RHUMB HOUSE

Splendid panoramas, sumptuous seclusion and close to white sand beaches. Offering a unique blend of luxury and natural beauty, a perfect place for a family vacation, or a romantic retreat.

Villa from $1600 per night

General Enquiries

Mill Mall. PO Box 188 Road Town, Tortola,VG1110 homes@bvisir.com | bvisir.com


Exquisite Properties For Sale

Local Expertise

Global Exposure

DOVELAND

Private, 2-bed, 2-bath main house with 1-bed, 1-bath guesthouse, pool and artist’s studio. Panoramic ocean and islands views to both North & South. Landscaped gardens in quiet residential estate.

US$2,150,000

SPRING BAY LAND

O ve r l o o k i n g S p r i n g B ay o n approximately 1 acre. Next to The Baths and just moments away from the beach, marina and restaurants. Exceedingly rare opportunity to own property in this exclusive area.

US$750,000

CANE BAY BEACH COTTAGE

CASEY BAY

US$1,650,000

US$11,000,000

Cane Garden Bay Beach Cottage is an exquisite 3bedroom, 3-bath beachfront property located on world renowned Cane Garden Bay. This private waterfront property encompasses breathtaking views of the bay and is literally steps from an idyllic white sand, palm tree lined beach.

PELICAN POINT - CAMANOE

3 tastefully furnished, air-conditioned bedrooms, and a separate, selfcontained apartment for guests. There is also a standby generator. Spectacular views. Mature landscaping with tropical vegetation.!

US$1,500,000

SOUTH SOUND 16

0.798 acres of land located in a popular storm shelter, or Hurricane Hole, for boat owners which indicates the protected nature of this property. Amazing view of the Caribbean Sea and Atlantic Ocean.

US$174,900

Maritha Keil (Broker) m: 284.340.5500 e: maritha@bvisir.com

Each Office Is Independently Owned And Operated

ROCKHAVEN

4-bed, 5-bath house in Cooten Bay on 0.866 acres with magnificent ocean view, high-end finishes, fixtures. All b e d ro o m s a r e l a r g e a n d a i rconditioned. The heated swimming pool has jacuzzi and swim jets.

US$2,200,000

INDIGO PLANTATION

Two 2.1 acre lots on Great Camanoe with sunset/sunrise views and access to the private marina and tennis court. A marina slip comes with each lot. Residential estate with two small beaches.

US$495,000 per lot

Carol Olympitis & Kim Huish (Vacation Villa Specialists) t: 284.494.5700 e: vacation@bvisir.com

Casey Bay is a stunning contemporary residence, using the finest materials to frame and enhance the Caribbean landscape. The canopied entrance opens onto the formal living room, which leads to the outside covered living and dining areas. Nothing detracts from the view of the sea and distant islands.

SONG OF THE SEA

Long Bay Resort hosts a spectacular sandy beach, magnificent ocean views and sunsets. The Villa has two levels: Master bedroom upstairs and lower level has an open plan kitchen/dining and living area with stunning views.

US$465,000

CORNUCOPIA

Overlooking Little Bay and the Atlantic Ocean in exclusive estate. Beautifully appointed throughout with 3 en-suite air-conditioned bedrooms including guesthouse, swimming pool and deck.

US$1,300,000

General Enquiries

Mill Mall. PO Box 188 Road Town, Tortola,VG1110 homes@bvisir.com | bvisir.com


For all of your real estate needs, Smiths Gore is one of the pre-eminent real estate advisors Smiths Gore provides in depth residential services covering all the islands.

R E A L E S TAT E

FRENCHMAN’S CAY, TORTOLA

Frenchman’s Look Out US$7,495,000

5

FRENCHMAN’S CAY, TORTOLA

5

Frenchman’s Paradise US$2,875,000

LITTLE BAY, TORTOLA

5

7

KINGSTON, TORTOLA

Sterling House US$5,500,000

3

3.5

4

Samsara US$2,975,000

4

5

Casa Blanca US$2,500,000

Palm Grove Villa US$450,000

Aquamare US$4,500,000

For more information on these listings or

www.smithsgore.com

6.5

3

3.5

CROOKS BAY, VIRGIN GORDA

2

2

Bay House US$4,200,000

MAHOE BAY, VIRGIN GORDA

5

6

VIRGIN GORDA

BELMONT ESTATES, TORTOLA

LITTLE DIX BAY, VIRGIN GORDA

Villa @ Little Dix Bay US$4,200,000

3.5

SHANNON TORTOLA

Golden Pavilion US$6,500,000

Zuni Villa US$1,099,999

3

LONG BAY, TORTOLA

5

3

4

6

5

POND BAY, VIRGIN GORDA

6

100 Pond Bay US$6,700,000

British Virgin Islands Britannic Hall, P.O. Box 135, , Tortola Virgin Gorda Yacht Harbour, Virgin Gorda RT (284) 494 2446 VG (284) 495 5944 E info@smithsgore.com

United Kingdom 17-18 Old Bond Street, London W1S 4PT T +44 (0) 207 290 1616 E michelle.persaud@sgcommercial.co.uk


2010 Winner, “Best Vacation Experience.” –Fodor’s Gold Choice Award

SOL Y SOMBRA Virgin Gorda, British Virgin Islands

US$8 Million This spectacular beachfront villa boasts four beautifully decorated air-conditioned suites, each furnished with custom-made teak furniture. Outside amenities include an ocean-front infinity pool and lit tennis court, bound within lush tropical gardens. Inside, take advantage of a European-style kitchen, private movie theater, daily maid service and state-of-the-art gym. An in-villa cook is available upon request. www.solysombrabvi.com

Smiths Gore Limited : : British Virgin Islands

T 1(284) 494 2446 F 1(284) 494 2141 E bernadette@smithsgore.com


Distinctly Refined. Exceptionally Rare. Consciously Preserved. On the secluded eastern tip of Virgin Gorda lies a place where life is spent in perfect harmony with the ocean tides. Here, spread across 300 pristine acres, Oil Nut Bay offers freehold legacy ownership opportunities and unparalleled resort experiences in a setting where attention to detail and casual elegance abound. Contact us to schedule a personalized visit or to arrange resort reservations. Virgin Gorda, British Virgin Islands

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VI PROPERTY &bvi YACHT Published Ltd. 284 393 1000 by aLookingGlass us 800 761 0377

info@oilnutbay.com

oilnutbay.com

British Virgin Islands Property and Yacht Magazine April 2014  

British Virgin Islands Property and Yacht Magazine April 2014 Editor-in-Chief – Stephen L France Design and Layout – Scott Taylor

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