Virgin Islands Property & Yacht | March/April 2023 | Renovation Special

Page 1

News, Trends & Objects of Desire Construction Market Insights from BCQS International The Brandywine Estate Restaurant Story
Renovation Issue
A Villa,
Restaurant & a Boutique Vacation Spot MARCH/APRIL 2023 The On the Cover: Outer Banks Villa
BEFORE & AFTER
a

YOUR PRIVATE sanctuary

VIRGIN GORDA BRITISH VIRGIN ISLANDS
BVI: 1 284-393-1000 US: 1 800-761-0377 info@oilnutbay.com OILNUTBAY.COM l l
WWW.SOLYSOMBRABVI.COM Smiths Gore (BVI) Limited 284.494.2446 bernadette.george@smithsgore.com SOL Y SOMBRA VIRGIN GORDA, BRITISH VIRGIN ISLANDS

This spectacular beachfront estate has six ensuite bedrooms in four beautifully decorated air-conditioned pavilions, each furnished with custom-made teak furniture. A great room, office/library, dining room and fully-outfitted kitchen comprise the main pavilion. Outdoor amenities include an ocean-front infinity pool, lighted tennis court, and private decks. Paddleboards, kayaks, snorkel equipment, bicycles and other beach and recreational equipment are provided.

The property is just steps away from The Baths, Virgin Gorda’s famous destination, and two unspoiled beaches, Little Trunk Bay and Valley Trunk Bay. A private movie theater, daily maid service, state-of-the art gym and a chef complete the villa’s offerings.

Oil Nut Bay - Bella Beach

CHART YOUR COURSE AND FEEL FREE TO WANDER

Explore the edge of the world only in the British Virgin Islands. Choose how you safely adventure through the untouched landscapes, either on land or at sea, and get ready for endless possibilities among 60 beautiful islands.

BVITOURISM.COM | 1-284-852-6020 Tortola | Virgin Gorda | Jost Van Dyke | Anegada | Cooper Island | Guana Island Little Thatch | Necker Island | Norman Island | Peter Island | Saba Rock | Scrub Island

Message from the Premier of the Virgin Islands

Welcome, one and all

As Premier of these beautiful islands, we are delighted to welcome you with BVILOVE to our home, the British Virgin Islands. Our small cluster of islands with secluded anchorages, splendid beaches, a world-class marine industry, and favourable trade winds, has combined to earn us the reputation of “Sailing Capital of the World.”

Our magnificent archipelago has re-emerged to showcase even more stunning, pristine land and seascapes. But more significantly, as a people emerging from recent adversity, we have shown resilience and returned to our core values, which we call BVILOVE. BVILOVE is a mantra that unites not only the people of the territory but resonates through all the sectors of the economy and the various aspects of our lives.

We love our British Virgin Islands, and we invite you to love this territory too. In fact, we know that many of our loyal guests have had a lifetime love affair with the British Virgin Islands, and first-time guests quickly embrace us as well.

I am pleased to say that we have a renewed focus on showcasing authentic experiences in the British Virgin Islands, celebrating our people, our culture, and rich heritage of hospitality.

I congratulate and express thanks to Virgin Islands Property & Yacht magazine for joining us in spreading BVILOVE with this special issue that focuses on property renovation.

I am sure you will enjoy the many stories, talented people and spectacular scenery being profiled. However, we hope that your encounter with BVILOVE does not end in the pages of this magazine, but that you

will explore our many islands and cays and truly indulge in the many authentic experiences that we have to offer.

Experience our local cuisine prepared by awardwinning chefs or local cooks–I’m sure you will love our national dish of fungi and fish; go sailing with our many experienced captains and explore secret getaways, where cobalt blue waves splash against powder white sand beaches; take a safari bus over our lush green hillsides for the most spectacular views; meet some of our colourful characters who are guaranteed to make your visit memorable; discover our many attractions from museums in Tortola, the colourful, laidback beach bars on Jost Van Dyke and nearby cays, the Greater Baths National Park in Virgin Gorda, the Conch Shell Mounds in Anegada and the many other unique experiences found throughout our entire chain of islands.

At the end of your trip, we believe that the only difficulty you will face will be that of choosing your favourite island.

If you are visiting, I implore you to take time for what I would describe as an amazing combination of pleasurable activities, unforgettable sightseeing adventures, and nature-induced relaxation, which will rejuvenate your body, mind, and soul. Our people are eager to welcome all visitors to our territory, whether you are a repeat visitor or if you are making your maiden voyage to the British Virgin Islands.

Welcome again and thank you for making the British Virgin Islands your destination of choice. Do have an enjoyable visit with us, and we look forward to greeting you with BVILOVE on your next visit!

With BVI LOVE,

VI PROPERTY & YACHT | 7

PROPERTY

18 Outer Banks Make-over

Read all about the stunning Outer Banks make-over in our Exclusive Cover Feature.

32 The Inn at Cornucopia

This renovation by long-time Virgin Gorda doyennes, Inge Judd and Rose Giacinto was a labour of love and we are excited to show you the stunning results.

40 Club 1973

Brand-new restaurant and bar - Club

1973 has been refurbished to perfection just in time for the Royal BVI Yacht Club and BVI Spring Regatta 50th Anniversary celebrations.

48 Construction Market Trends

Our friends at BCQS International take us on a deep dive of the economics around the Caribbean construction market.

FOOD

56 The Brandywine Estate Restaurant Story

Through thick and thin these restaurateurs have “weathered a few storms”, but one thing is for sure, their commitment to fine food shines through every time.

SAILING

64 Private Yacht Chartering

We give you some top tips from the experts for booking your next dream sailing vacation in the BVI.

REGULARS 14 News - Trends, Inspiration & Objects of desire 10 Publisher’s Letter 30 BVI Map 18 56 40 MARCH / ARPIL 2023 Contents 8 | VI PROPERTY & YACHT
Ir vine’s Place, 2nd Floor, 159 Main St Road Town, Tor tola, British Virgin Islands, VG1110 www.remax-bestpriced-bvi.com For more information on any of our listings, call us at: at ricogarcia@remax.net COLLEC TION VILLA 28 LAMBERT BEACH FRONT COMMERCIAL NEPTUNE’S TREASURE COLLECTION MAARIB HOUSE COLLEC TION ONE PARADISE LANE $2,999,999 USD $1,680,000 USD $1,500,000 USD $3,300,000 USD Nail Bay, Virgin Gorda 4 Bedrooms • 4 Bathrooms • Pool Shannon Estate, Tor tola 4 Bedrooms • 4 Bathrooms • Pool Wyndham Resort Lambert Beach, Lambert, Tor tola 4 bedrooms • 4½ ½ Bathrooms Bender’s Bay, Anegada 9 Guestrooms • • 2 Cottages 1 Fully Equipped Restaurant & Bar “EVERYONE DESERVES A P IECE OF PAR ADISE!” ½ $4,250,000 USD VILLA KAI Trunk Bay, Tortola 5 Bedroom • 5 Bathrooms • Pool

Welcome

I’m sure that those with experience will agree that renovating a home or commercial space is at best, pure hard graft and at worst, many will never do it again!

As a first homeowner in my early 30’s I renovated my little 1970s two bedroom brick and tile unit in Auckland. “A lick of paint, sand the floors, knock out a wall and update the kitchen” I thought, “this will be lots of fun”…oh how wrong I was!

With dust everywhere and a list of back-breaking work to do all weekend long, the job seemed never-ending. Hence, I have a healthy respect for those that renovate or build.

In this, our Renovation issue, we walk you through three large renovation projects, all very different - an extensive villa renovation at Outer Banks in our Exclusive Cover Feature on page 18, a Restaurant and Bar - the brand-new Club 1973 club house at the Royal BVI Yacht Club on page 40 and at Little Trunk Bay, Virgin Gorda - The Inn at Cornucopia, a hurricane-destroyed villa that has now become the most delightful little vacation (or staycation) spot, on page 32.

To round-out our Property section, our friends at BCQS International dive deep with insights from their recent Caribbean Construction Market Trends Report on page 48.

In our Delish feature, we tell the candid story of Brandywine Estate Restaurant from its early beginnings, through its challenges and successes on page 56.

Wrapping all this up in our Yachting section, writer Claire Shefchik puts together 10 top tips and tricks for booking a private yacht charter the right way.

Enjoy these stories.

PS. If you love VIPY, but live in the US, you can subscribe to the print edition for just $60/year for 6-issues. To inquire - erin@parlance.media.

FROM THE PUBLISHER
Photography by Carolina Ansaldo.
ON OUR COVER
British
We take you on a tour of Outer Banks at Brewer’s Bay, Tortola. This beautiful Caribbean style villa has undergone a stunning renovation. Photography by Rainbow Visions BVI.
THANKS TO OUR SPONSORS The
Virgin Islands Tourist Board
10 | VI PROPERTY & YACHT
a l e s & t a n c y a l s n t a l s I N F O @ S M I T H S G O R E . C O M + 1 2 8 4 4 9 4 2 4 4 6 W W W . S M I T H S G O R E . C O M
Rock Villa Virgin Gorda B e r n a d e t t e . g e o r g e @ s m i t h s g o r e . c o m + 1 2 8 4 5 4 2 2 1 1 8 N E W L I S T I N G 3 Bedrooms | Spa | $4,950,000
Red

PUBLISHER

Erin Paviour-Smith erin@parlance.media

ART DIRECTOR

Emma Norton

SUB EDITOR

Nina Abbott

CONTRIBUTORS

Charlotte Bufton

Claire Shefchik

Erin Paviour-Smith

Kerry-Ann Barnes, BCQS

Liam Day, BCQS

BVI TOURIST BOARD CONTRIBUTOR

RaeNisia Scatliffe

PUBLISHED BY PARLANCE MEDIA

Kerry-Ann Barnes

BCQS INTERNATIONAL

CONTACT US

parlance.media

WhatsApp: +1 284 346 1559

Follow us on Facebook facebook.com/Parlance-Media

Read our digital publications issuu.com/alookingglass

Kerry-Ann Barnes is the Head of Valuations/Senior Valuation Surveyor for BCQS International based in the British Virgin Islands. Kerry-Ann, along with senior colleague Liam Day breaks down key insights from BCQS’s latest Caribbean and Latin American Construction Market Trends Report in this issue of VIPY.

VIRGIN ISLANDS PROPERTY & YACHT (“VIPY”) is published six times per year (January/February, March/April, May/June, July/August, September/October and November/ December). 2022 Parlance Media Limited. All pieces reproduced in this issue are under prior copyright by the creators or by the contractual arrangements with their clients. Nothing shown may be reproduced in any form without obtaining the permission of the creators and any other person or company
copyright ownership. The
of VIPY assumes no responsibility for the accuracy of the content placed in its publications. For avoidance of doubt, Parlance Media Ltd gives
warranty or guarantee
who may have
publisher
no
in its publications.
12 | VI PROPERTY & YACHT
IN THIS ISSUE
info@coldwellbankerbvi.com www.coldwellbankerbvi.com/scrubisland +1 (284) 340 3000 +1 (855) MY BVI VILLA For a less taxing life, escape to your own home on a private island in the British Virgin Islands for under $1m. EASY TO REACH • EASY TO PURCHASE • EASY TO OWN Buying Real Estate in the BVI Made Simple! Visit the Sales Desk at Scrub Island, our office at Nanny Cay Marina or call +1 (284) 340 3000 to arrange a tour. CONDOS VILLAS LOTS REAL ESTATE, BVI GRAND SCRUB

BVI Sailing Celebrating 50 years

This year, the Royal BVI Yacht Club and BVI Spring Regatta officially celebrate 50-years of sailing in the BVI with this beautiful, commemorative coffee table book that contains many of the stories, history and personalities that have contributed to the Club that, above all else has created joy on the water for so many.

As a destination, the BVI is a special one for sailors in what are some of the best sailing conditions in the world - we are proud of our sailing heritage and it continues to be the cornerstone of our tourism industry today.

The 50th edition of the BVI Spring Regatta takes place from 27 March to 2 April 2023 and it’s set to be one to remember with loads of fun events taking place at Nanny Cay Marina.

For more information see bvispringregatta.org .

To find out where you can purchase copies of the book, or inquire about wholesale pricing, please contact Tamsin Rand, Manager of the Royal BVI Yacht Club - admin@royalbviyc. org. For more about the Royal BVI Yacht Club see royalbviyc.org.

EXCLUSIVE COVER FEATURE MARCH / APRIL 2023
News
“It isn’t that life ashore is distasteful to me. But life at sea is better”
14 | VI PROPERTY & YACHT
SIR FRANCIS DRAKE

Image Matters

Custom framing is the best way to present, enhance and protect your artwork and mementos. Lisa Gray from Images Custom Framing at Nutmeg & Co. offers bespoke custom framing products and services. She has many years of experience - just stop by the store and talk to her about your framing needs - consultations are free and she can help you understand the best and most beautiful ways to frame your art and mementos.

• 60+ different frame moldings and over 100 different matte colours all in stock

• Seven premium glazing options (including reflection control, conservation & premium acrylic)

• Acid-Free materials designed to

guard against UV light & other environmental hazards offering better preservation

• Custom-made mirrors to fit your décor style and exact dimensions

• Canvas stretching service and custom-sized blank canvasses

• Replace broken glass and discoloured frame mattes

• Frame and artwork cleaning and restoration

• Convenient storefront parking for drop off and pick-up

• Virgin Gorda ferry pickup and delivery service

• Fast turnaround time

• Professional photograph and art printing service

Cliff House Reimagined

Cliff House straddles the hill between Apple Bay and Long Bay on Tortola - a popular surfing destination on the east and stunning Long Bay Beach on the west, a highly desirable location.

Now just like a brand-new home Cliff House was fully reconstructed after Hurricane Irma. It feels embedded in the ocean environment, with waves crashing against the shoreline below and the ocean sea breezes on your face as you look across to neighbouring Jost Van Dyke.

The Villa has three levels, the top floor with beautifully finished 2-bedrooms, 2-bathrooms, with decks. The second floor features the well laid-out, spacious kitchen with a half bathroom and a third bedroom and en suite.

The lower floor has a selfcontained 1-bed 1-bathroom apartment with separate kitchen. This provides owners with the option to rent out two lovely vacation rental units and visit when they wish. Listing Price: $1,450,000.

Contact Emerald Properties BVI today for more information and your chance to own this marvelous seaside villa. (284) 541-6861.

Located at Nutmeg & Co., 164 Waterfront Drive, Road Town, Tortola, BVI. Call +1 284 494 1426, WhatsApp +1 284 543 6295 or email images@surfbvi.com .
VI PROPERTY & YACHT | 15 NEWS

Spring is in the air

This gorgeous look, created by Stacy at NAMI Resort & Swim especially for a vacation at The Inn at Cornucopia, Little Trunk Bay, Virgin Gorda. The Dunna Luau maxi dress in marigold, crafted from handloom pattern silk and bamboo, paired with chunky gold hoops, cute rattan handbag and topped off with a wide-brimmed hat is perfect for cocktails and dining on the Inn’s beautiful terrace overlooking the lush gardens.

NAMI Resort & Swim, Romasco Place (opposite Social Security Board), Road Town, Tortola

WhatsApp: (284) 496-8989, cell: (284) 496-7788, namibvi@gmail.com .

Dress:$260

Hat:$159

Bag:$130

Earrings:$30

EXCLUSIVE COVER FEATURE
The beautiful, lush gardens at The Inn at Cornucopia.
NEWS 16 | VI PROPERTY & YACHT
EXCLUSIVE COVER FEATURE 18 | VI PROPERTY & YACHT

OUTER BANKS

Authentic Caribbean Charm Revitalised

EXCLUSIVE COVER FEATURE

First built in 2003 and perched on the peninsula that divides Brewer’s Bay and Shark Bay on Tortola’s North ShoreOuter Banks is waterfront Caribbean living at its best, with uninterrupted sea views and easy walking access to one of Tortola’s most pristine stretches of beach. The villa and its guest house sit in a quiet residential neighbourhood on a private access road shared by only a couple of other properties and boasts complete privacy.

The villa and its guest house sit in a quiet residential neighbourhood on a private access road shared by only a couple of other properties and boasts complete privacy.

Upon purchasing Outer Banks in 2013, the new owners Guy and Joan Burgess soon embarked on a meticulous renovation of the spacious property that took two years to complete, across two construction phases. They worked with local architects Thor Downing and Victoria Bezemer alongside Debi Carson and through careful redesign, were able to retain all of the authentic island charms that first attracted them to the property while making significant updates to the residence. Over the course of the extensive work to the property, they sympathetically restored charming original features like the warm terracotta tiles throughout, the solid wood patio doors and the stylish mahogany kitchen. While making functional and contemporary upgrades to

EXCLUSIVE COVER FEATURE 20 | VI PROPERTY & YACHT
THIS PAGE & OPPOSITE  Before and After: The pool area of Outer Banks has been beautifully upgraded while still keeping its sweet Caribbean charm.
EXCLUSIVE COVER FEATURE VI PROPERTY & YACHT | 21

introduce additional conveniences, increase the number of bedrooms and open up the living spaces. Their attention to even the most minor details and mindful restoration has ensured a refurbishment of the highest standards. As a result, Outer Banks now demonstrates a perfect example of traditional West Indian architecture seamlessly blended with modern amenities.

The main house at Outer Banks comprises three generous bedrooms. The primary suite is on the top floor and the two guest rooms are on the bottom floor, with the main living area between them. A further two bedrooms are in the adjacent guest house, all linked by a tiled outdoor staircase. Wide verandas run along the front of the property on all three stories, with chairs and plush loungers. Each bedroom has its own private porch capitalising on the exquisite views of the nearby white sand beach at Brewer’s Bay and the neighbouring island of Jost Van Dyke. Below you, the reef teems with fish and charter boats quietly pull into the Bay for safe and peaceful anchorage overnight.

During the renovation, the owners and their construction team modified

EXCLUSIVE COVER FEATURE
22 | VI PROPERTY & YACHT
THIS PAGE & OPPOSITE Each of the bedrooms and ensuite bathrooms have been upgraded with new fixtures and fittings, giving a light and airy feel.

the guest house from a small onebedroom with a separate kitchen and living area to a spacious two-bedroom unit with large en suite bathrooms. All five bedrooms on the property now also have the comfort of air conditioning as well as the option to throw open the windows to enjoy the cooling sea breezes and the rhythmic sound of the lapping waves below. In addition, all but one of the bedrooms have en suite bathrooms, one with

All five bedrooms on the property now also have the comfort of air conditioning as well as the option to throw open the windows to enjoy the cooling sea breezes and the rhythmic sound of the lapping waves below.

VI PROPERTY & YACHT | 23

The tasteful decor and dark wood furnishings have been carefully curated and lend an elegant feel to the home. An aesthetically pleasing mixture of colour and texture incorporates wicker and carved hardwood with pops of blue and vibrant coral pink.

an outdoor shower, and a half guest bathroom is situated just off the kitchen.

The tasteful decor and dark wood furnishings have been carefully curated and lend an elegant feel to the home. An aesthetically pleasing mixture of colour and texture incorporates wicker and carved hardwood with pops of blue and vibrant coral pink. Nautical accents tie in the beautiful waterfront setting. The living area has a large flat-screen television equipped with satellite and a Sonos sound system. There is Wi-Fi throughout the property. The bedrooms feature large mahogany four-poster beds and plenty of functional storage. The newly refitted bathrooms are light and bright, with sleek modern fixtures and large mirrors. The owners opted to keep the traditional mahogany cabinetry in the kitchen and add to it, extending the counter and cabinet space and carefully matching the new units to the original. The fully equipped kitchen with stainless steel appliances and large open plan indoor/ outdoor living area now provides a convivial gathering point for

THIS PAGE The living area with updated Caribbeanstyle furnishings and color pop accents perfectly complement the beautiful sea views.
EXCLUSIVE COVER FEATURE 24 | VI PROPERTY & YACHT
OPPOSITE The state-of-the art, open kitchen has been tastefully upgraded and now looks fresh and light.
VI PROPERTY & YACHT | 25
EXCLUSIVE COVER FEATURE

Conveniently just outside the kitchen is the covered outdoor dining terrace by the pool - beautifully furnished with an eight seat hardwood table ideal for hosting intimate dinner parties al fresco as the sun dips below the horizon and the twinkling stars come out.

pre-dinner cocktails and effortless entertaining. The kitchen and living room are separated by the generous marble-topped kitchen island and accompanying bar stools. As you gaze from this sociable living space out through the double patio doors - the pelicans’ swoop and fish swim in the turquoise waters below. Conveniently just outside the kitchen is the covered outdoor dining terrace by the poolbeautifully furnished with an eight seat hardwood table ideal for hosting intimate dinner parties al fresco as the sun dips below the horizon and the twinkling stars come out. The wide open wooden doors across the two sides of this considerable reception space help to bring the outside in, blurring the lines between indoors and out and creating a lovely flow.

The pool terrace at Outer Banks looks directly out over the water and is surrounded by fragrant tropical gardens and lush plants. The spacious sunbathing deck is amply furnished with comfortable loungers and a shady, covered cabana. There is truly no better place to pause and reflect. It calls you to lay-out, take in the relaxing sea views and enjoy a good book and a cocktail.

EXCLUSIVE COVER FEATURE
VI PROPERTY & YACHT | 27
THIS
PAGE & OPPOSITE Generous indoor/outdoor living spaces. Take in the stunning bay views and sunsets spent dining with friends and family.

Whether you are a large group or a couple, there is something for everyone at Outer Banks; enjoy the peaceful tranquility at the villa or get out to explore. Brewer’s Bay is a peaceful haven, untouched by overdevelopment. The surrounding area is home to the popular hiking trail to the Bat Cave and the ruins of the Sugar Mill on Mount Healthy.

There is also a quiet beach bar at Brewer’s, perfect for a quick lunch or rum punch after a day snorkeling the clear waters of the Bay.

Practical amenities at Outer Banks include the electric entrance gate to the property, a backup generator to ensure that your electrical supply is never interrupted and a sturdy covered carport with space for three

Property Details

• Plot size: 0.83 Acres

• Location: Brewer’s Bay, Tortola

• Main house: 3 bedrooms, 3.5 bathrooms

• Guest cottage 1: 2 bedrooms, 2 bathrooms

• Accommodation size: Approximately 5,000 sq ft

• Facilities: Swimming pool, mains power, backup generator, air-conditioning, carport, mooring

• Asking price: $2,200,000

vehicles. There is also access to a dock below the house - ideal for mooring or launching a small boat. For some years, Outer Banks has been successfully operating as a vacation rental villa with proven rental income – and the utilities at the house support this with locked owner’s storage and separate guest laundry facilities.

EXCLUSIVE COVER FEATURE
28 | VI PROPERTY & YACHT

says of the residence, “When we were first introduced to the property by the original owners and builders of this charming home, it was known as ‘Sea Grape Villa’. The current owners did a fantastic job of modernising the villa whilst losing none of its original charms. Outer Banks is an exquisite Caribbean home in an exceptional waterfront location.”

All the elements of laidback island living are taken care of here. So, whether you are looking for a family home or a vacation property, if you are seeking a secluded waterfront Caribbean retreat that blends traditional island architecture with all the modern comforts of home, look no further than Outer Banks. •

Brass

viewing and further information please contact:
For
Chris Smith, Managing Broker Coldwell Banker BVI +1 (284) 340 3000 chris@coldwellbankerbvi.com coldwellbankerbvi.com
THIS PAGE & OPPOSITE Outer Banks offers waterfront living at its most alluring, with an area nearby for mooring or launching a boat.
EXCLUSIVE COVER FEATURE BEACHSIDE LIGHTING HONOLULU Kailua, Hawaii (800) 405-6732 Sales@BeachsideLighting.com Local installations include Cooper Island, Peter Island, Saba Rock, Oil Nut Bay, and residences on St. Thomas, St. John, Tortola, and Virgin Gorda.
1994
Solid
Exterior Fixtures since

The British Virgin Islands, part of a volcanic archipelago in the Caribbean, comprises of four main islands–Tortola, Virgin Gorda, Jost Van Dyke, and Anegada, and some 50 smaller islands

JOST VAN DYKE

ROUTETOANDFROMUSVI

1 3 6 14 17 27 2 18 16 7 4 8 9 10 12 13 11 15 5
Norman Pelican Island Great Tobago Little Jost Van Dyke Sandy Spit Sandy Cay Great Thatch Little Thatch Frenchmans Cay Road Town Little Tobago
TORTOLA Guana Island Sir Drake Monkey GREAT HARBOUR LONG BAY APPLE BAY SEA COWS BAY BREWERS BAY Green Cay Flannagan Island Nanny Cay CARROT BAY West End CAN GARDEN BAY White Bay Steele Pt. The Bight The Caves Benures Bay Key Point Little Harbour Great Harbour Deadman’s White Bay The Indans Pockwood Pond Slaney Pt Road Harbor Brandywine Bay Soper's Hole Smuggler's Cove Belmont Ballast Bay Little Harbour Shark Bay Cooper Bay Trunk Bay Josiah's Bay Lambert Bay White Bay Diamond Cay
EXPLORE
30 | VI PROPERTY & YACHT
the BVI
24 25 19 17 20 23 26 21 Island Peter Island Salt Island Ginger Island Cooper Island Fallen Jerusalem Dead Chest VI R GIN GORDA A NEG ADA Great Camanoe Scrub Island Marina Cay The Dogs Necker Island Moskito Island Prickly Pear Island Eustasia Island 4 Miles Port of Entry / Airport Port of Entry / Ferry Ferry Routes Historic site National Park site Shipwreck Anchorages & Marinas Swimming beach KEY Sir Francis Drake Channel West Dog West End Monkey Point Buck Island MAYA COVE Trellis Bay North Sound Saba Rock Carval Rock Round Rock THE VALLEY Spanish Town South Sound Great Dog George Dog Seal Dog Little Camanoe Beef Island Deadman’s Bay Rhone Marine Park South Bay The Sound Markoe Bay Manchioneel Bay Big West End White Horse South Bay White Bay Peter Island Bluff Fat Hogs Bay Devil’s Bay Spring Bay Virgin Gorda Yacht Harbour Savanna Bay Lower Soldier Bay Benchers Bay Leverick Bay Biras Creek Oil Nut Bay Mahoe Bay Nail Bay Long Bay Pomato Point Setting Point Nutmeg Point Windas Bight Bones Bight Lobiolly Bay Soldier’s Point Little Dix Bay The Baths Crooks Bay Copper Mine Pt. Long Bay Lee Bay Cam Bay Brandywine Bay Lambert Bay North Bay Tortola 1. J. R. O'Neal Botanic Gardens 2. Main Street 3. Queen Elizabeth II National Park 4. Old Goverment House Museum 5. 1780 Lower Estate Sugar Works Museum 6. Sage Mountain National Park 7. North Shore Shell Museum 8. Fort Burt 9. Fort Recovery 10. William Thornton's Estate ruins 11. The Dungeon 12. St. Phillips Anglican Church 13. Josiah’s Bay Plantation 14. The Windmill at Mount Healthy National Park 15. Callwood Rum Distillery 16. Green VI Glass Studio 17. Shark Bay National Park 18. Soper’s Hole Virgin Gorda 19. Spring Bay National Park 20. Little Fort National Park 21. Nail Bay Sugar Mill Ruins 22. The Copper Mine National Park 23. Gorda Peak National Park Other Islands 24. R. M. S. Rhone National Park 25. Prickly Pear National Park 26. Prickly Pear Island 27. Sandy Cay National Park Places of Interest

Two COURAGEOUS WOMEN & a VISION of PLENTY

Situated in a secluded area of Virgin Gorda sits The Inn at Cornucopia. A boutique, 5-room hideaway just two minutes walk from Little Trunk Bay, a small beach within Virgin Gorda’s dreamy Baths National Park, with its huge majestic granite boulders, sugar-like sands and cleansing aqua coloured water.

Cornucopia, from the Latin term “cornu copiae”, meaning “horn of plenty” perfectly describes what this hideaway is all about - the visual representation of the horn flowing with fruits and flowers brings visions of goodness, friendship and plenty.

Inns are smaller and more charming than hotels and this is certainly the case at The Inn at Cornucopia, whose Innkeepers are Virgin Gorda locals, Inge Judd and Rose Giacinto. These two clever ladies

have a passion and commitment to the island they have both called home for over four decades.

Friends, entrepreneurs and dog lovers - Rose, owner of renowned bar, restaurant and cafe Chez Bamboo/ Bath & Turtle (not to mention a construction company - more on that later!) and Inge, originally from Vienna, businesswoman, extensive traveller and collector of fine antiques and curios. Their boundless energy and 7-day a week work ethic is something to admire.

How The Inn came to pass

After the destruction of hurricanes

Irma and Maria in 2017, Rose and Inge purchased a badly damaged villa with the goal (and dream) of turning it into a beautiful Caribbean/French country-inspired Inn that is unique to the BVI - catering to the individual needs of small groups of guests with bespoke service, tranquility and exclusivity.

“In 2020 when we first saw the villa, it was flooded with water, the roof had been torn off and there was mud

FEATURE PROPERTY VI PROPERTY & YACHT | 33 THE INN AT CORNUCOPIA
Photography by Javierto Mar, Inge Judd & Rose Giacinto ABOVE The Inn Keepers, Rose Giacinto (left) and Inge Judd (right) - both pictured with Inge’s dear little dog, Campari. LEFT: A vision of plenty: Sit back on the terrace overlooking Rose’s beautiful lush gardens and in the distance, The Baths National Park.
34 | VI PROPERTY & YACHT

everywhere” says Inge “Furniture left by the previous owners was rotting in deep water, but the building had good bones” she continues.

Inge and Rose could see beyond the destruction. The property, perfectly positioned in prestigious Little Trunk Bay, is in an unbelievable location. So they set to work, starting construction in 2021.

Rose brought in a talented team from her construction company, Princess Quarters Construction who peeled the building back to those good bones and then lovingly restored and expanded it to what it is today.

“Importing construction materials

from overseas, especially during a pandemic made no sense, so we sourced everything we possibly could locally and up-cycled wherever possible” says Rose. “We believe strongly in sourcing and supporting local for so many reasons” she continues.

For instance, the huge 10 x 10 inch beams that originally held up the main balcony were reused as central feature beams in the vaulted ceiling. Original 40-year old brass hardware was carefully revived and refinished to be reused throughout. Hardwood doors were restored, the old wicker furniture that had been left to decay in flood waters was carefully restored

THE INN AT CORNUCOPIA VI PROPERTY & YACHT | 35
THIS PAGE The Inn has come a very long way from its beginnings as a hurricane-destroyed villa. OPPOSITE Upgraded to perfection, with special little details everywhere you look.

to a shine and all of the cabinetry was built from scratch using local timber wherever possible.

The master wood crafters from Princess Quarters Construction built mahogany bench tops for each of the king rooms and installed many of the detailed features from the sweet little shutters in the master suite, right down to toilet tissue holders. Every single detail has been carefully thought out, in what is now a stunning building with intricate finishing that is a credit to all involved.

36 | VI PROPERTY & YACHT
Clean white walls with stand-out black beams on the vaulted ceilings create a light, clean, sophisticated look that is timeless.

When it came time to put together the interior style Rose and Inge worked as a team utilising both up-cycled furniture mixed skillfully with antiques and curios from Inge’s own collection. Clean white walls with stand-out black beams on the vaulted ceilings create a light, clean, sophisticated look that is timeless.

In each of the five king rooms the bed linen and towels are of a quality usually only seen in five-star resorts including lavish robes for each guest and Inge’s collection of sweet antique table linens scattered throughout the rooms, even reused as hand made pillow cases. Additionally, the dining area houses some pieces from her dear mother’s collection.

Stepping outside, Rose began the landscaping efforts in parallel to the rebuild and what were overgrown, muddy, unloved grounds have become a garden of visual beauty and abundance with carefully pruned fruit trees hanging heavy with fruit such as papaya and tropical succulents and flowers. A feature fire-pit area with seating is perfect for cocktail hour at sunset.

VI PROPERTY & YACHT | 37
THIS PAGE Just one of the stand-outs at The Inn (and there are so many!) is the Master ensuite bathroom with its original stone walls, high vaulted ceiling and little cathedral-like shuttered windows.
THE INN AT CORNUCOPIA
OPPOSITE Each of the rooms have names that hold special meaning, such as Turtle Dove after the BVI’s territorial bird.

Impeccable service and fine food

Inge is supported by a small and dedicated team who serve a delicious daily breakfast which comes as a complimentary part of your stay. The breakfast at Cornucopia is fast becoming well-known throughout the community as one of the best breakfast spots on the island.

Locally sourced fresh fruit, pastries, french toast with Inge’s homemade bread and eggs benedict to name just a few options, it’s foodie heaven. Sit with your glass of fresh passionfruit juice overlooking Rose’s beautiful garden, towards the boulders - there is no better way to begin a new day in Virgin Gorda.

Inge, never far away brings her extensive local knowledge and connections to assist with every part of your stay. She has suggestions on what to do and see, all catered to

38 | VI PROPERTY & YACHT
THIS PAGE The home-style breakfast menu presents a difficult challenge for guests to choose which mouthwatering option to taste each morning! OPPOSITE The Inn’s location is a dream, with Little Trunk Bay just a 2-minute walk away.

the individual needs of each guest, whether its adventurous water sports, dining options, tours or simply just relaxing on nearby Little Trunk Bay with a good book and a little red beach chair and umbrella from The Inn.

Because when it really boils down to it, this hidden gem is simply the best at one thing - helping its guests to relax. •

INCREDIBLE

3-2, 3-3 Cooten Bay 3-1, 3-2, 3-3 Cooten Bay

3-1 Cooten Bay – half acre waterfront, $250,000 US 3-2 Cooten Bay – half acre crest lot, $225,000 US 3-3 Cooten Bay – half acre crest lot, $225,000 US 11/5/21, 4:12 PM Google Maps Imagery ©2021 CNES / Airbus, Maxar Technologies, Map data ©2021 200 m 3-1,

VI PROPERTY & YACHT | 39
in touch To reserve your dream vacation or staycation at The Inn at Cornucopia please contact your Host, Inge Judd +1 284 541 6888 info@theinnatcornucopiabvi.com. theinnatcornucopiabvi.com @theinnatcornucopiabvi @theinnatcornucopiabvi
Get
+1 340 332 9827 (USVI) +1 340 626 2318 (USVI) THE VALLEY, VIRGIN GORDA, BVI
3 FREEHOLD WATERFRONT AND CREST LOTS OPPORTUNITY IN COOTEN BAY!
3-1, 3-2, 3-3
THE INN AT CORNUCOPIA
Rarely available land a stone’s throw from gorgeous sandy Josiah’s Bay sits on a gentle crest overlooking Cooten Bay and flows down to the waterfront. Additional acreage also available.
Cooten Bay

CLUB 1973 at The Royal BVI Yacht Club

Club 1973 is the brand new restaurant, bar and club house at the Royal BVI Yacht Club opening just in time for the Club and BVI Spring Regatta’s milestone 50th Anniversary celebrations at the end of March.

Abby O’Neal and Adrian Johnson, joined by a talented team of professionals have renovated the space and created a whole new food and beverage menu with extra special offerings for the enjoyment of RBVIYC members and the general public.

About the Club’s founding partners

Abby and Adrian have been associates for years. Meeting through their shared interest in a sustainable environment. Abby was managing director of Green Technology (BVI) Ltd and was promoting compostable tableware to reduce plastic waste. Adrian was involved in ecological technology by improving the disposable nature of organic waste to

reduce greenhouse gases. They were introduced by the late Colin Bramble who thought they could be a good match. How right he was. They have been firm friends ever since.

Abby, an experienced businesswoman has many varied connections to the marine industry both in her career and life. Her father, the first Premier of the BVI, the late Hon. Ralph T. O’Neal was

instrumental in enticing the yacht chartering industry to the BVI from the U.S. Virgin Islands and ensuring its sustainability.

After first visiting the BVI in 1980, Adrian has brought hundreds of visitors to the Territory as a charter yacht broker and skipper of both large and small yachts and by leading large flotillas. His love of sailing and its joys and challenges morphed into

THIS PAGE Just some of the delicious menu options on offer.
40 | VI PROPERTY & YACHT CLUB 1973
OPPOSITE Mixologist, Rhys.

a charitable endeavor. In his home country of Canada he founded Broad Reach Canada, that utilises sailing as the medium for helping at-risk youth to change their lives’ trajectory.

Extensive renovations

For the make-over of the space

Abby and Adrian engaged local construction company Rufred Forbes Associates lead by Cortez Forbes and well-known Interior Architect and artist Debi Carson.

“There was a strong desire from the team to implement a change of identity for the future of the Club, while also preserving a space that traditionally worked well for the members” says Debi.

Clever design features created for function and visual attractiveness, such as the nautical themed decorative screen with vertically run dock lines that delineate the entrance way from the dining area, but do not obstruct the views or natural trade winds flowing through the space.

The colour scheme is inspired by everything ocean, with a deep turquoise to accent the royal blue in the Yacht Club colour scheme and varying shades of white to reflect the hue of sea-spray, then grounded with wood tones. Whilst the fixtures and fittings consist of shiplap, teak and greenheart; nautical lines, stainless rigging and woven textile materials.

The bar has been carefully refurbished to preserve a large part of the Yacht Club’s heritage. “The original bar top, fabricated by members over 30-years ago, has been restored to reveal a beautiful natural teak” says Debi. “It has also been relocated to allow for a closer

The colour scheme is inspired by everything ocean, with a deep turquoise to accent the royal blue in the Yacht Club colour scheme and varying shades of white to reflect the hue of sea-spray, then grounded with wood tones.

CLUB 1973 VI PROPERTY & YACHT | 43
THIS PAGE Royal BVI Yacht Club awards, trophies and memorabilia are on display, along with merchandise available for purchase. OPPOSITE The bathrooms have been impeccably upgraded to include shower facilities.

Club 1973’s beverage line-up is traditional yet playful with a unique signature cocktail list as well as some of the classics. Rhys is an experienced mixologist and has a passion for spirits, fresh ingredients and menu design. There will be spirit-free cocktails and fresh juices too.

connection to the outdoors and unobstructed views of the channel.”

Casual bar seating has been increased on the porch and service for this space can be obtained through an open window connecting to the indoor area.

A dedicated area at the entrance features yacht club collectables, memorabilia, photographs, awards and trophies associated with the hundreds of events organised over the Club’s 50-years.

Sailors will be thrilled to hear that restroom facilities have been completely upgraded and refurbished with luxury finishes and muchneeded hot showers!

Food & Beverage

The operations manager consultant of Club 1973 is Rhys Jenkins, a seasoned and versatile food and beverage professional. He cut his

teeth in the Cayman Islands and as such is well-versed in tropical catering.

A bar and nightclub in the entertainment district of Toronto gave Rhys a wealth of knowledge in running his own business. After seven years of successful operation, he moved on to a golf club where he became the general manager of the bar and restaurant.

Club 1973’s beverage line-up is traditional yet playful with a unique signature cocktail list as well as some of the classics. Rhys is an experienced mixologist and has a passion for spirits, fresh ingredients and menu design. There will be spirit-free cocktails and fresh juices too.

The Club is proud to welcome Chef, Kenetha Ashton to the team. Kenetha, who trained at the Chef Academy in London has recently been busy wowing guests on

private charter yachts with culinary creations learned from her time at prestigious Michelin-starred international restaurants such as Pied-à-terre.

Local ingredients are a priority to Kenetha – both from land and sea. Fresh ‘Catch of the Day’ will be on the menu with special preparations changed out regularly. Kenetha cooks everything from scratch and we highly recommend her Gourmet Burgers made fresh, daily with homemade potato burger buns.

Besides lunch and dinner, Club

CLUB 1973 44 | VI PROPERTY & YACHT
ABOVE The Club 1973 team - Kenetha, Rhys, Adrian & Abby. RIGHT Do not miss the seared tuna and burger with Kenetha’s home made buns. Yummy!
VI PROPERTY & YACHT | 45 CLUB 1973

1973 offers cocktail kits to go, lunch boxes and meal kits, all prepared and ready for a sumptuous meal at sea.

Bar snacks with traditional favourites such as conch fritters, fresh fish bites and more. On Sundays, brunch is served with a signature Bloody Mary.

Welcome one and all

Everyone is welcome, from RBVIYC members to locals and visitors alike and Adrian knows of at least nine Royal Canadian clubs whose members will be interested to hear of this hand of friendship.

Arrangements are being made to provide a dinghy dock space at the Road Reef Marina just steps away from Club 1973.

THIS

CLUB 1973 46 | VI PROPERTY & YACHT
SPREAD Club 1973 is a must-visit for all, with delicious food and drinks and a fun vibe brought about by a team of passionate restauranteurs.

Event venue & chill out space

Apart from normal meetings, pre-race directions and award ceremonies, there will be social events, quiz nights, gourmet nights with wine pairings and guest chef evenings and members are welcome to use the Club and its facilities for special events such as anniversaries and birthdays.

During periods outside mealtimes members and guests will be able to use the Club for casual visits and enjoy a coffee while checking emails and messages, just read a book or play a game of chess.

An exciting future

“The Royal BVI Yacht Club is thrilled to partner with Adrian, Abby and their team” said Tamsin Rand, the Royal BVI Yacht Club’s Manager. “Their vision for creating a fantastic bar and restaurant that has captured

the spirit of the Yacht Club at its heart is very exciting.

By displaying the trophies and awards for guests to enjoy, preserving some of the historical elements and celebrating sailing, it really feels like a clubhouse again! The choice of the name Club 1973 is a perfect tribute to the Royal BVI Yacht Club’s origins in the year that we celebrate our 50th anniversary”. •

For Royal BVI Yacht Club membership and information

admin@royalbviyc.org

royalbviyc.org

@TheRoyalBVIYachtClub

@royalbviyachtclub

Get in touch today +1 284 440 1973 info@club1973.com @club1973 @club1973bvi
CLUB 1973 VI PROPERTY & YACHT | 47

Caribbean Construction Market Trend Report Insights

The global economy is experiencing several turbulent challenges. Inflation higher than seen in decades, tightening financial conditions in most regions, Russia’s invasion of Ukraine, and the lingering COVID-19 pandemic all weigh heavily on the outlook.

Normalisation of monetary and fiscal policies that delivered unprecedented support during the pandemic is cooling demand as policymakers aim to lower inflation back to a target. But a growing number of economies are in growth slowdown or outright contraction. The global economy’s future health rests critically on the successful calibration of monetary policy, the course of the war in Ukraine and the possibility of further pandemic-related supply-side disruptions, for example, in China.

Recent reports by the International Monetary Fund and the World Bank project that the slowdown experienced in global economies in 2022 will continue through 2023.

According to the IMF’s October 2022 World Economic Outlook Update, global growth is projected to slow from 6% in 2021 to 3.2% in 2022 and 2.7% in 2023. This is the weakest growth profile since 2001 except for the global financial crisis and the acute phase of the COVID-19 pandemic and reflects significant slowdowns for the largest economies:

• A US GDP contraction in the first half of 2022

• A euro contraction in the second half of 2022

• Prolonged COVID-19 outbreaks and lockdowns in China with a growing property sector crisis

MARKET TREND REPORT
48 | VI PROPERTY & YACHT
THIS SPREAD BCQS is one of the most experienced, independent property and development companies throughout the Caribbean and Latin America.
MARKET TREND REPORT

About a third of the world economy faces two consecutive quarters of negative growth. Global inflation was forecast to rise to 8.8% in 2022 and then decline to 6.5% in 2023. Upside inflation surprises have been more widespread among advanced economies, with greater variability in emerging markets and developing economies.

Risks to the outlook remain unusually large and to the downside. Monetary policy could miscalculate the correct stance to reduce inflation. Policy paths in the largest economies could continue to diverge, leading to further US dollar appreciation and cross-border tensions. More energy and food price shocks may

cause inflation to persist for longer and global tightening in financial conditions could trigger widespread emerging market debt distress. Halting gas supplies by Russia could depress output in Europe. A resurgence of COVID-19 or a new global health scare might further stunt growth. A worsening of China’s property crisis could spill over to the domestic banking sector and weigh heavily on the country’s growth, with negative cross-border effects and geopolitical fragmentation may impede trade and capital flows, further hindering climate policy cooperation. The balance of risks is tilted firmly to the downside, with about a 25% chance of one-yearahead global growth falling below 2%.

Warding off these risks starts with monetary policy staying the course to restore price stability. Front-loaded and aggressive monetary tightening is critical to avoid inflation de-anchoring as a result of households and businesses basing their wage and price expectations on their recent inflation experience. Fiscal policy priority is the protection of vulnerable groups through targeted near-term support to alleviate the burden of the cost of

living crisis felt across the globe. But its overall stance should be to remain sufficiently tight to keep monetary policy on target.

The World Bank’s 2022 report entitled “Global Economic Prospects” reported that growth in LatAm and the Caribbean (LAC) rebounded to an estimated 6.7% in 2021, boosted by supportive external conditions, and, in the second half of the year, a rapid progress on COVID-19 vaccination and a sharp decline in new cases. Regional growth was projected to slow to 2.6% in 2022 and 2.7% in 2023, reflecting sluggish labour market improvement, tighter macroeconomic policy, softer external demand, and a fading boost from the recent increases in commodity prices. Growth in the forecast horizon will not be sufficiently robust to reverse the region’s longstanding decline in per capita income relative to advanced economies. Downside risks to the forecast include renewed surges in COVID-19 cases; financial stress; disruption due to natural disasters, including weather events linked to climate change; and, in the longer term, failure to implement productivity-

50 | VI PROPERTY & YACHT

enhancing and other needed reforms.

Economic conditions in LAC have continued to improve since mid 2021 as the pandemic eased and external conditions remained supportive.

COVID-19 vaccination has progressed rapidly, whilst new cases and deaths have also declined rapidly. Strong growth in key export destinations (The United States and China), high commodity prices and continued strong remittance inflows to LatAm countries supported growth in 2022. In most cases, inflation has risen across the region, above central banks’ targets. The increase reflects firming demand associated with the economic reopening, coupled with rising global food and energy prices.

Looking specifically at the Caribbean, growth of 7.3% was projected for 2022 and 5.9% for 2023. This growth reflects a significant contribution from Guyana, where offshore oil production has been a major contributor and the return of tourism to those jurisdictions reopening their borders early, such as the Dominican Republic, where stayover arrivals have already surpassed pre-pandemic levels. Growth should

MARKET TREND REPORT
VI PROPERTY & YACHT | 51
THIS SPREAD The Company provides services to over 30 countries from 13 strategic locations, including the beautiful British Virgin Islands.

continue in the years ahead as the entire region reopens for stay-over tourism and the cruise industry returns to full capacity, taking advantage of the pent up demand from the historically strong North American feeder markets. BCQS research shows an average increase in construction costs of 19.22% for the fourteen jurisdictions surveyed, for the two years that have elapsed since our last market study in 2020, with a range of +13.10% to +29.99%. The most significant increase occurred in Anguilla, reflecting the 13% Goods and Services Tax (GST) introduced in July 2022 and the amount of ongoing construction activity in that jurisdiction. The average increase of 19.22% clearly shows the unprecedented cost increases experienced since the onset of the COVID-19 pandemic in both material and shipping costs. Shipping costs have always been a significant contributor to construction costs in the Caribbean due to the number of imported materials. Whilst labour has increased slightly in a number of jurisdictions, most of the escalation has resulted from increases in imported material costs and shipping. Whilst we acknowledge that some

MARKET TREND REPORT 52 | VI PROPERTY & YACHT

material costs have reduced in the second half of 2022, we do not foresee costs reducing to pre-pandemic levels.

While generally remaining reasonably aggressive and competitive, profit margins have increased in three jurisdictions, remained static in ten jurisdictions, and decreased in one jurisdiction. Aruba reported a single digit margin of 7.5%, while Anguilla, the Bahamas and St. Lucia led the way with reported margins of 15%, 15% and 17.5%, respectively. The remaining ten jurisdictions reported margins of between 10 and 12%. The overall average profit margin for the fourteen jurisdictions surveyed is 11.36%.

In conclusion, whilst the Caribbean region continues to deal with the aftermath of the COVID-19 global pandemic, increasing interest rates and high inflation, the outlook is not all doom and gloom. Travel and tourism, the largest single contributor to GDP in the region, has rebounded strongly from the lows of 2020, with the three KPI’s, Occupancy, Average Daily Rate and Revenue per Available Room all posting unprecedented year-on-year growth in 2021 and 2022 and are close to surpassing the highs of 2019.

BVI Spotlight

Turtle dove, fungi music, beautiful white sand beaches and boulders rising from the volcanic islands, are words synonymous with the BVI. It is home to over 31,000 people comprising of both locals, known as BVIslanders and expatriates who comprise the majority of the workforce. The British Virgin Islands is an archipelago located in the northeastern Caribbean, just 60 miles east of Puerto Rico. It is an overseas territory with its economy built on mainly the financial and tourism sectors.

The territory has weathered many storms throughout the years, one of which was the passage of the 2017 hurricanes that cause catastrophic damages throughout the islands. Over the next two years, the territory was able to rebuild homes, commercial buildings and vacation properties, and commerce once again resumed. The sense of normalcy did not last as the year 2020 saw the emergence of the COVID-19 global pandemic that affected every corner of the earth. This caused the closure of borders in many countries and the BVI, though tucked

away in the tropics, was not immune to this devastation.

Notwithstanding the adverse impact of the pandemic, the BVI real estate market showed signs of improvement from 2019 to 2022 as the volume of property sales steadily increased with BVIslanders being an average of 85% of the primary purchasers and an average of 62% of the monetary real estate transactions. Within 2019 to 2021 there was a decrease in the volume of purchases by expatriates, again, mainly attributed to the effects of the pandemic that saw the closure of many borders, travel restrictions and the general economic uncertainty. However, the increase in sales

MARKET TREND REPORT VI PROPERTY & YACHT | 53
THIS PAGE Amongst BCQS’s most stunning Hotel & Resort projects - the BVI’s own Saba Rock Resort. OPPOSITE Belmond Cap Juluca, Anguilla - A high end luxury renovation with additions to the beach front hotel resort with 66 rooms and 42 suites.

amongst the BVIslanders was driven by the government’s stamp duty waiver initiative from May 2020 to May 2021 then extended to December 2021.

Figures show that in 2022, there was a slight decrease in the volume of overall sales, more so with the investment of BVIslanders as volume in real estate sales fell to 75% of the overall sales compared to previous years where sales volume by locals were up to its highest at 90%. We also saw a decrease in this sector as real estate monetary transactions decreased by a half while monetary sale purchases doubled for expatriates. Up to 70% of the over US$145m of considerations for real estate were attributed to purchases by expatriates. The increase was greatly impacted by the reopening

of the borders in 2021 and credited to the creativity of real estate agents and attorneys to create virtual platforms for site visits and facilitation of the transfer process during restrictive movements of all.

The BVI real estate market continually shows signs of improvement, and this is expected to continue in 2023. It is advisable that expatriates seek the advice of a local attorney when purchasing properties in the BVI as this will assist overseas purchasers with being acquainted with the regulations of land acquisition and the requirements of seeking approval for a Non-Belonger Landholding License. •

Sources: BCQS International Cost Database The World Bank, International Monetary Fund (IMF) BVI Land Registry Department Transfers and transmissions data 2019 to 2022 Follow BCQS @BCQS1969 @bcqs-international/ @bcqs_international @BCQS To discuss further contact Ben Butler in the BVI office +1 284 494 7144 bbutler@bcqs.com MARKET TREND REPORT 54 | VI PROPERTY & YACHT
DigicelBusiness.com Fast, Reliable for your Business Get connected to Faster Speeds for your business Upgrade Now to 1-284-300-4357 BVISupport@digicelgroup.com Digicelbusiness.com/vg

Through

THICK & THIN

The Brandywine Estate Restaurant Story

As a community, we have seen Brandywine’s Regis and Claudine Bourdon, supported by their loyal family of staff and customers go through many twists and turns of life. They are survivors, with a chameleon-like entrepreneurial spirit that has ensured they and their “extended family” come out on top no matter how difficult the challenge.

Regis Bourdon, Brandywine’s Co-owner and Executive Chef was born in Lyon and grew up in Nice. He began his apprenticeship when he was 14-years old and gained experience in restaurants all along the Côte d’Azur.

Claudine, originally from Scotland followed her older brother Damian to the BVI at the age of 21. She worked at Spaghetti Junction, Billy Bones (later Pirate’s Bight) and finally Quito’s.

The BVI was her home for 5-years until she left her apartment in Cane Garden Bay for Fort Lauderdale to work on mega yachts. “But even back then I always knew the BVI would be a great place to own a restaurant” she says.

By this time, Regis had been a Head

Chef on mega yachts for over 15-years in the Mediterranean, New England, the Bahamas and throughout the Caribbean. In 2007 the couple met on a mega yacht in the Bahamas and 2010 saw their first foray into restaurant ownership, The Beach Hut in Puerto Viejo, Costa Rica. Just over a year later they returned to the mega yacht industry.

Soon after, a friend from the BVI, Joanna Morris got in touch - Mr and Mrs Nygren were looking for someone to take over the lease at Brandywine Estate. As Regis and Claudine were working on a mega yacht and it was the Fort Lauderdale Boat Show they couldn’t just take a few days off, it had to be an immediate decision - stay, or leave and go forever. “So we knew then that we were committed to the BVI and we never went back” says Claudine.

In October 2011, Regis and Claudine with the help of Regis’ Dad, Bernard refurbished the worn out old building

BRANDYWINE ESTATE
They are survivors, with a chameleon-like entrepreneurial spirit that has ensured they and their “extended family” come out on top no matter how difficult the challenge.
By Erin Paviour-Smith • Photography by Jennifer Balcombe with historical images by Claudine Bourdon
56 | VI PROPERTY & YACHT
THIS PAGE Luca, Regis, Claudine & Nykita. OPPOSITE Tuna tartare - layers of avocado, cucumber and sushi grade tuna, topped with mango salsa and Fidel Castro - deep fried salmon spring rolls with guacamole and sour cream accompanied by a chilled glass of rosé.

Regis and Claudine with the help of Regis’ Dad, Bernard refurbished the worn out old building - a hard slog to say the least. “It was in total disrepair and the roof was falling in” says Claudine. “We moved the bar from the back of the building to its current location and dug up the cobble stone floor so we could put tables in front of the bar overlooking the view of the sparkling Sir Francis Drake Channel”.

- a hard slog to say the least. “It was in total disrepair and the roof was falling in” says Claudine. “We moved the bar from the back of the building to its current location and dug up the cobble stone floor so we could put tables in front of the bar overlooking the view of the sparkling Sir Francis Drake Channel”.

“Because of my time in the BVI in my 20’s, the fact my brother was the captain of the rugby team and his wife a Hedge Fund Manager, there were connections, so we had a foundation” Claudine continues. “That meant Brandywine was quite successful right from the start”.

Regis and Claudine’s loyalty, commitment to family and the

community is what holds the team together - customers, staff and suppliers are treated as extended family.

However, Regis laughs and explains candidly that “the environment is pressured and many times, that family is dysfunctional and we argue. But in the end, we support each other” he says. Aladin Arayata joined Brandywine in 2015. Born and bred in Subic Bay, on the island of Luzon in the Philippines to parents who were singers at the U.S Naval Base nearby. Aladin’s Mum

BRANDYWINE ESTATE 58 | VI PROPERTY & YACHT
CLOCKWISE FROM BOTTOM LEFT Regis and Claudine’s first foray into restaurant ownership, The Beach Hut in Costa Rica. Regis at Brandywine in 2011 pre-renovation. The Bourdons! Tearing out the original kitchen, brick by brick.

taught him how to cook from the age of 7-years old. “My Mum was a great cook” he says. “She would take me to the market and give me money to find fish to cook and make sure a little profit was leftover. She taught me how to stretch a budget”. This valuable skill would serve him well throughout his life and career.

At University he studied to be an architect and washed dishes to make ends meet, but after failing the final exams he fell into what he knew - cooking. He learned to stand his ground the hard way as a Chef in over 18 different restaurants including French, Italian and Spanish cuisines and later worked for two years in a Hotel in Yemen where his colleagues only spoke Arabic. After the Civil War in Yemen began, Aladin returned to Philippines as Head Chef for a restaurant chain with 28 branches.

“Then one night during a typhoon Chef Regis called me. I could hardly hear him, let alone understand his accent” says Aladin. “So I told him to call back another time - I had no idea what he was calling about!” he laughs. Unbeknownst to him, his sister who lived in the BVI applied for the role of Sous Chef on his behalf.

In life some things are meant to be and now there is no second Chef at Brandywine, but two head chefs working together. “Sometimes when we are serving 70-80 people we don’t need to speak” says Regis. “Emotions

“Sometimes when we are serving 70-80 people we don’t need to speak” says Regis. “Emotions do run high, but we understand each other”. Aladin jibes
ABOVE Head Chef Aladin Arayata. BELOW What dreams are made of - Fresh lobster, French champagne and that view!

do run high, but we understand each other”. Aladin jibes “Most times we fight like cat and dog! But we still continue working and no matter how hard we fight, we never leave our stations”.

A blow came in 2017, when Irma struck the Restaurant and the family’s home was destroyed. Regis, Claudine, young son Luka and Aladin were lucky to emerge unscathed, but traumatised as so many others in the community were. During the following weeks and months, Regis, Claudine, Aladin and the Brandywine staff joined Al Broderick in the Free Food for Kids and Convey of Hope initiatives. The teams cooked thousands of meals for those in need. “I was just trying to help my staff stay in some paid employment and put food on their table, as well as look after my own family” says Regis. At this time Adopt-a-Roof was also formed. Regis, Claudine and Belinda Dabbs found beneficiaries and coordinated significant

LEFT Brandywine’s ever popular Côte de Bœuf - it literally melts in your mouth.
BRANDYWINE ESTATE 60 | VI PROPERTY & YACHT
OPPOSITE CLOCKWISE FROM TOP Delicious seafood options, team members Eddy & Evelyn, the rack of lamb paired with a classic Bordeaux.
BRANDYWINE ESTATE

building efforts. Through this cause many people’s lives were changed immeasurably with one elderly recipient whose whole house was rebuilt. Mikey Chalwell and family donated construction products to rebuild roofs with the kind support of other donors throughout the community.

While assessing the damage and putting their lives back together with Luka just a toddler and new baby Nykita, the Bourdons opened a restaurant in 2018 in Road Town called The Rooftop - a place that was very welcome to a community deprived of somewhere to dine, socialise and take a break from the daily grind of rebuilding. This also gave the family of staff paid employment while Brandywine Estate Restaurant was totally reconstructed over the following 12-months by Architect Lavina Liburd and construction company Rufred Forbes Associates.

Creating The Rooftop was pure blood, sweat and tears. Regis, Aladin and a couple of construction workers did everything themselves. The location had no elevators and in the beginning, no stairs. Materials were hauled floor-by-floor using a pulley system up the side of the building and the ovens were carried pallbearerstyle by six men up four stories.

Regis and Claudine’s loyalty, commitment to family and the community is what holds the team together - customers, staff and suppliers are treated as extended family.
LEFT Chef Regis. BELOW The Brandywine Estate Restaurant “family” of staff.
BRANDYWINE ESTATE 62 | VI PROPERTY & YACHT
OPPOSITE A tasting plate of sweet delights - the perfect finish.

Aladin was Head Chef at The Rooftop, running it almost completely so Regis could focus on the rebuild at Brandywine. The Rooftop ran successfully until early in the pandemic when it was forced to close.

“Aladin is a versatile Chef” says Regis. “He is in charge when I am not here, and I do not worry when I’m not here. Over the last 7-years he has learned my way of working, and then put his own mark on the kitchen and the menu” he says.

In April 2020 with the onset of the pandemic, the day before lockdown Aladin had to rush to St. Vincent where his wife was about to deliver their first child, a son. The skills his mother taught him when he was young went a long way to keep his family fed. The family could not survive with the small amount of support from friends and family, so Aladin would catch and smoke fish and pick mangoes to sell. “I would do whatever I could to get formula for my son” he says.

Meanwhile, back at Brandywine one of the Chefs quarantined with the Bourdons. Many of the food providers throughout the BVI, some individuals in Government and financial institutions helped and the team were turning out 200-300 meals per day that were picked up and distributed throughout the community by Red Cross, Dr. the Hon. Natalio Wheatley of District 7, Hon. Marlon A. Penn and Family Support Network.

When Aladin and his wife and son returned to the BVI 6-months later, Mr and Mrs Nygren together with some of Brandywine’s customers provided the financial support that Regis and Claudine needed to keep their staff in paid employment. “One of the reasons Brandywine still exists today, after two major crises is due to Mr and Mrs Nygren being so financially understanding of the Restaurant’s situation” says Regis.

In the end, there are many reasons that Brandywine Estate Restaurant is so successful - Restaurateurs that are resilient and resourceful plays a big part, just as staff do - some working with the couple for over 10-years such as Jocelyn and Marsha are considered to be extended family, not to mention customers and suppliers that are valued.

Santé! to the Brandywine familylong may it continue to be a special part of our community. •

Brandywine Estate Restaurant is open Wednesday to Sunday from 12pm until late. To reserve your table (recommended), please call +1 284 495-2301 or WhatsApp +1 284 541 4586

brandywineestaterestaurant@ gmail.com

@brandywineestaterestaurant @brandywine-estate-restaurant

VI PROPERTY & YACHT | 63

TOP 10 Tips & Tricks

For Booking a Crewed Yacht Charter in the British Virgin Islands

So you are all ready to book your dream vacation experience - a crewed yacht charter experience in the British Virgin Islands, ready to enjoy all the luxuries of a first-class voyage in one of the most beautiful and adventurous destinations in the Caribbean.

But as you’ll soon find out, even the most expertly planned charters can be filled with hidden surprises. Everything from unrealistic expectations to mismanaged menus to unexpected costs can sink your trip.

Luckily, most of these issues can be avoided by making the most informed choices right from the moment of booking. We talked to a few members of the BVI Charter Yacht Society — charter crews who have seen it all over their countless years of experience — to get their best advice on how to book the best charter for you. Avoid some common pitfalls, and you can be sure to sit back, relax, and enjoying the luxury, beauty and adventure of a BVI charter.

1Research & Compare Brokers

When it comes to booking a crewed yacht charter in the Caribbean, it pays to do your homework and research potential brokers. Avoid big, generic websites with hundreds of vessels and crews listed. Individual charter yacht brokers — such as members of the Charter Yacht Brokers Association are the best option to not only offer you great deals on trips but for finding the perfect boat for your personalized needs. Make sure to look at reviews, ask for referrals,

and even check references. Many brokers have been working with BVI vessels for years and have developed personal connections with the crews they book. These brokers are the best resource to make sure you’re happy and confident with the crew and vessel you select. Just let them know!

“If your group likes to stay up super late, let them know and they can guide you towards a boat with three crew or crew that are night owls!” one crew member advised. “If you want to learn how to sail, dive, or kite, there are boats that can accommodate that. Not every boat is one size fits all.”

PRIVATE YACHT CHARTERING
64 | VI PROPERTY & YACHT

2 .Be Realistic About Your Itinerary

The key when booking a crewed yacht charter is to keep your expectations for the itinerary realistic. Make sure you have a clear plan for the itinerary. Discuss it with the captain ahead of time. They’ll help you understand any potential delays or limitations so you aren’t disappointed.

“By all means take onboard what your friends/family/ dog walker/hairdresser has to recommend about the BVI, but listen to your captain,” one crewmember said. “A recommendation of a must-go-to bar from 20 years ago could be a bad recommendation now.”

3 Research the Crew

Even if you’ve done your research, spoken to experts, spent hours browsing the Internet, and feel confident in the yacht and crew you’ve selected, you’ll still want to get to know the crew. Asking questions about the captain, chef, deckhands, stewardesses, and everyone else onboard who will be responsible for making sure you have an amazing charter can give you a better understanding of not only their experience, qualifications, and role onboard, as well as their personalities. After all, you’re going to be spending days or weeks at a time with them in close quarters. When you arrive, a good crew will be ready and willing to give you a grand tour of the boat and answer your questions. They want you to feel comfortable!

4 Notify your Captain of Special Requests

Even if the broker or vessel is aware of your special requests ahead of time, make sure to notify the captain and crew as soon as you get onboard. This will ensure that everyone is prepared and that the boat is stocked up properly for your trip.

5 Consider Dietary Restrictions

When planning your trip, make sure to consider the dietary restrictions of everyone on board. Whether it’s vegetarian, vegan, kosher, halal, or gluten-free, let the chef know. They can accommodate just about any request, but only if you tell them! “Be thorough and honest with your food preference sheet,” advised one crew member. “If someone in your party doesn’t eat a certain food, don’t be afraid to mention it because you think that means nobody will be served that item, as this is not the case. It’s important the chef knows so they can purchase an alternative for that particular guest and ensure everyone is happy with their meals.”

6

Clear Communication

Crews can’t stress this enough: “Communicate! Before, during and after. If something is going well; say so! If something isn’t how you’d planned let the crew know,” one said. Make sure you discuss the preferred methods of communication, the frequency of contact, and any potential restrictions on technology — you don’t want to count on using your cellphone to call the crew from an outer island where there’s no service available. This will ensure that everyone is on the same page.

7

Find out the Charter Company’s Cancellation & Refund Policies

Before booking your charter, make sure to ask about the company’s cancellation and refund policies. Understand the terms and conditions of the trip, as well as any additional fees or charges that may apply in the event of a cancellation. This way, you can avoid disappointment — and lost money — should anything unexpected occur.

PRIVATE YACHT CHARTERING 66 | VI PROPERTY & YACHT

8

Be Flexible

Plan Ahead for Emergencies

Even on the most wellprepared charters with the most well-trained crews, emergencies can happen. After all, the ocean is unpredictable. Make sure to discuss a plan for medical emergencies, weather-related issues and other potential problems before setting sail. A proper vessel should have a first aid kit and other up-to-date safety gear onboard. Also, ask about insurance procedures to ensure they are properly covered in case of any accidents while onboard. 9

Make sure to factor in time to use all the onboard amenities that come with a crewed yacht charter. Whether it’s a water toy, a massage or a daily yoga class, take advantage of all the luxury services that come with the package. After all, you’re paying for it. If you’re not sure something is available, just ask. Avoid over scheduling yourself — allow for flexibility in your plans. Your captain may have suggestions for what to do that you’ve never even thought about. “The BVI has so many options that having a long list of must-dos means you will be scheduled down to the minute with zero flexibility,” one crew member said. “Pick a few target things and use your crew’s experience to your advantage - they can guide you towards what they think you’ll enjoy most.”

A crewed charter in the BVI isn’t just a vacation — it’s an incredible adventure, one that you’ll never forget. With careful planning and communication between you, your broker and the crew, you can make sure your charter is memorable in all the right ways.

For more information see cyba.net or crewedyachtsbvi.com

Be Prepared for Unexpected Expenses

Unexpected expenses can crop up on any trip. Although fuel, food and other supplies are generally included in the cost of a crewed charter, make sure to allow for any additional fees you may end up incurring due to special requests or travel expenses. One crew member reminds guests: “Water taxis or direct flights carry a premium, and you won’t want to skimp out on crew gratuity just because you didn’t factor in every cost.”

Remember that tipping is customary on crewed charters — 10 to 20 percent of the cost — and you’ll want to show the crew your appreciation for a job well done.

10
PRIVATE YACHT CHARTERING
Pure water on demand for homes, gardens, pools and more • Save up to 72 % on your water cost • Energy-recovery to reduce power bills and your carbon footprint by up to 61 % • Cistern monitoring and control via smartphone • Professional installation and maintenance • Industry-leading quality design • Fast delivery www.caribbeantechnology.com E-mail: info@caribbeantechnology.com Tel.: +1 (284) 494-3150 / 6782 AqSep Intelligent Reverse Osmosis Systems ... the water experts
Presented in collaboration with: Your ultimate guide to the BVI! Download the FREE BVI Now app! Accurate, comprehensive, packed with helpful information and so much more. Visit us online at: bvinow.app Interested in advertising? Contact our team: sales@bvinow.app
Sail & Power Best Charter Boat Soper’s Hole, British Virgin Islands YOUR PRIVATE VILLA ON THE WATER A stunning new view every day Our guest reviews tell the story... info@voyagecharters.com • info@voyageyachtsales.com VOYAGECHARTERS.COM Facebook Google TripAdvisor
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.