With its picturesque turquoise waters and year-round warm weather, it’s no surprise that the Caribbean’s luxury real estate market is still red-hot while other markets cool down. To meet the growing demand of vacation home buyers, developers are introducing new real estate projects that, elevate island living even further. Plus, several Caribbean islands, like Turks and Caicos, use the U.S. dollar, and have no real estate tax or restrictions on foreign investment, making it easier than ever to buy a slice of paradise.
The Residences at The Mandarin Oriental Grand Cayman – Grand Cayman, Cayman Islands (pictured)
Pricing for the initial 20 Residences begins at around $4 million
As the first five-star property to be built away from Grand Cayman’s crowded Seven Mile Beach, The Residences at The Mandarin Oriental Grand Cayman offer luxury in a secluded tropical setting. Set to be complete by 2025 and located on an expansive 68-acre property, the residences offer owners paradise without compromise with a secluded white-sand beach framed by dramatic cliffs and tropical maritime forests. As the southernmost beach on the island, this tropical oasis’ breakwater provides protected swimming for all ages across 700 feet of beach. In addition, the property boasts two pools open year-round, including a lagoon pool with lush landscaping, lounging cabanas, and a poolside bar and restaurant.
Rock House – Providenciales, Turks and Caicos
Prices range from $2.50 million to $3.75 million
Soaring 95 feet above sea level on the rugged, northern coast of Providenciales, Rock House’s new Reserve Villas will sit at the highest elevation of Grace Bay Resorts’ newest luxury residential resort, offering residents the utmost privacy and dramatic 180-degree views of the Atlantic Ocean and surrounding archipelago. Designed by on-island Coast Architects, the chic two- to four-bedroom villas feature outdoor amenities to enjoy the Turks sunshine, including private swimming pools and spacious courtyards. Buyers at the Reserve Villas will also have access to the glamorous shared resort amenities, including the over 350 feet of secluded white sand beach, the island’s largest infinity pool and the Beach Club at Rock House that boasts a jetty stretching 130 feet into the Atlantic Ocean and a chic oceanfront restaurant, Vita.
Arc at South Bank – Providenciales, Turks and Caicos
Prices range from $3 million to $20 million
Arc, the newest neighborhood in the South Bank development in Providenciales sandwiched between ocean, lagoon and the Juba Sound, offers vertical villa-style residences that feature blended indoor/outdoor amenities that take advantage of Turks and Caicos’s 360 sunny days/year and sweeping 360-degree waterfront vistas. As world-class architect and designer Piero Lissoni’s first completed project in the Caribbean, the homes at Arc incorporate expansive terraces with lush private gardens and pools while exuding a sophisticated yet comfortable Caribbean character throughout the earth-toned interiors. Fully managed by Grace Bay Resorts, Arc elevates island-living with transformative amenities including a fully-serviced boat concierge and marina; a calm, one-of-a-kind swimming lagoon; shared outdoor pools with a fire pit lounge; a chic white sand beachfront; fine dining; and a world-class spa and energizing fitness center on a secluded island in the middle of the lagoon.
The Residences at The St. Regis, Los Cabos – Mexico
Pricing for the residences begins at just over $3 million
Located on a 33-acre site at the Southern tip of the Baja Peninsula, The Residences at The St. Regis, Los Cabos boasts 74 stunning residences, offering condominiums and villas. Walls of glass fill each residence with an abundance of natural light, with picturesque ocean front views beckoning residents to explore all that Cabo San Lucas has to offer. In the oceanfront villas, the oversized glass walls extend the living room onto a grand shaded terrace with an outdoor kitchen and an infinity-edge pool that spills into a 60-foot, private stretch of beachfront. On property, owners can bask in the beautiful Mexican sun with access to seven resort pools, gardens and landscaped courtyards, and the award-winning Jack Nicklaus Golf Course and Quivira Golf Club.
The Residences at The St. Regis Cap Cana – Punta Cana, Dominican Republic
Pricing for the residences starts at just under $1 million
Located on a 17-acre site within the exclusive, master-planned community of Cap Cana, just south of Punta Cana on the eastern tip of the island, the Residences at The St. Regis, Cap Cana are set to open by the end of 2023. The Residences include 47 Beachfront homes, 15 Golf Terrace Residences, six Astor Residences and two breathtaking Penthouses, all overlooking the magnificent hues of blues of the Caribbean Sea. Buyers will have access to all the amenities of Cap Cana including Los Establos equestrian center, Scape Park and the Jack Nicklaus-designed Punta Espada Golf Club.