Monday, 31 March 2014

Bahamas Commercial Real Estate - Boutique Waterfront Hotel for Sale

Boutique waterfront hotel and yachting destination for sale in Salt Pond, Long Island, the Bahamas, with a government approved master plan in place to significantly expand to a total of 48 rentable rooms.
Bahamas Commercial Real Estate - Boutique Waterfront Hotel for Sale - Aerial View
Bahamas Commercial Real Estate - Boutique Waterfront Hotel for Sale - Aerial View

Located at the centre of Long Island in the Bahamas, a yachting destination popular with the American boating community, the existing resort comprises a large main building with 60 seat restaurant, bar and 2 rooms, a 4 bedroom beachfront studio unit and a 4 bedroom cottage set back from the beach.

Outside there is a 24' x 16' pool, gazebo, patio bar and very spacious deck which can accommodate up to 200 people and is ideal for events.

Bahamas Commercial Real Estate - Main Building & Pool
Bahamas Commercial Real Estate - Main Building & Pool


The government approved master plan for the completion of the resort includes 2 additional beachfront units, 4 units with 4 rental rooms each, 1 large unit with 20 rooms, 2 retail units, 4 roadside street market units and 200' oceanfront boardwalk with two 120' piers for daily and long term dockage.

Salt Pond, one of Long Island's main settlements, is the setting for the annual Long Island Regatta which is the second largest sailing regatta in the Bahamas, attracting tourists from around the world.

Long Island, Bahamas on the Map
Long Island, Bahamas on the Map


Popular also for its pink and white sand beaches and world-class sailing, fishing and diving in the crystal clear waters, Long Island is located 192 miles south of Nassau, the capital of the Bahamas. With a population of approximately 3,000, the island is 80 miles long but only 4 miles wide at its widest point.

There are seasonal direct flights from Fort Lauderdale, Florida to Long Island's Stella Maris Airport located 21 miles north of Salt Pond via Choice Airways and Bahamas Express. There are also flights from Nassau via Bahamas Air or Pineapple Air, as well as flights from various other islands in the Bahamas - check for availability.

Monday, 17 March 2014

Cahill Energy to Invest $240 Million in Barbados Clean Energy Plant

Cahill Energy Logo


Cahill Energy signs historic agreement with the Barbados Government to build and operate a revolutionary Waste to Energy plant utilising the most innovative technology available to provide up to 25% of the island’s energy needs

Agreement to build a Waste to Energy plant in Barbados was unanimously approved by Cabinet and signed by the Government of Barbados. From left to right: Edison Alleyne (Permanent Secretary in the Ministry of Environment), Margot Harvey (Chairman, Sanitation Service Authority), Dr. the Hon. Denis S. Lowe, M.P. (Minister of Environment), Clare Cowan (CEO of Cahill Energy), Hon. Christopher P. Sinckler, M.P. (Minister of Finance and Economic Affairs), Hon. Denis St. E. Kellman, M.P. (Minister of Housing, Lands and Rural Development), Senator the Hon. Darcy W. Boyce (Minister of Energy in the Office of the Prime Minister).
Agreement to build a Waste to Energy plant in Barbados was unanimously approved by Cabinet and signed by the Government of Barbados. From left to right: Edison Alleyne (Permanent Secretary in the Ministry of Environment), Margot Harvey (Chairman, Sanitation Service Authority), Dr. the Hon. Denis S. Lowe, M.P. (Minister of Environment), Clare Cowan (CEO of Cahill Energy), Hon. Christopher P. Sinckler, M.P. (Minister of Finance and Economic Affairs), Hon. Denis St. E. Kellman, M.P. (Minister of Housing, Lands and Rural Development), Senator the Hon. Darcy W. Boyce (Minister of Energy in the Office of the Prime Minister).







17 March 2014: Guernsey-based Cahill Energy is delighted to announce it signed a historic agreement with the Government of Barbados on 15th March 2014 to build and operate a leading edge clean energy plant on the Caribbean island. Established to finance, build, own and operate utility-scale Waste to Energy plants in key markets, Cahill Energy plans to utilise the most innovative technology available to transform all kinds of waste on Barbados into clean, renewable energy.

Cahill Energy expects to invest up to $240 million (USD) in the proposed plant which is set to be built in Vaucluse, St Thomas, creating up to 650 skilled labour jobs, stimulating growth across the island and providing the Government of Barbados with several hundred million dollars in estimated savings over the lifetime of the 30 year contract.

Clare Cowan, CEO of Cahill Energy, commented: "Cahill Energy began exploring Waste to Energy in 2011 and our attention was directed towards the Caribbean by 7th Heaven Properties. While we recognize the country faces some short term challenges due to the impact of the global economic downturn, we believe the fundamentals are strong. We are therefore confident that this investment represents a phenomenal business opportunity for our investors and offers even greater benefits to the people of Barbados."

Hon. Christopher P. Sinckler, M.P., Minister of Finance and Economic Affairs of Barbados, added: "This investment by Cahill Energy represents a "game changer" for Barbados and truly belies any doubt that Barbados is still a preferred destination for solid, and impactful foreign direct investment."

The plant will provide a leading edge, environmentally sound solution to two of Barbados’s most pressing challenges: waste management and energy security. Using plasma gasification technology (one of the most effective and environmentally friendly methods of waste treatment available), the plant will transform up to 650 tonnes of solid waste per day into clean, renewable energy. As a result, the plant will eliminate environmental threats posed by the use of landfill. The energy generated will provide a new domestic source of power for Barbados, reducing the island's reliance on costly imported fossil fuel. The plant is expected to provide up to 25% of Barbados’s total energy needs and reduce the cost of energy substantially.

Dr. the Hon. Denis S. Lowe, M.P., Barbados’s Minister of Environment, said: "Cahill Energy offers us a real solution to becoming energy independent, while at the same time reducing our massive oil import bill. Cahill Energy has brought a Waste to Energy option to the Government of Barbados that is far superior to any other we have examined. We believe that our country will be changed forever as a result."

AlterNRG owns 100% of Westinghouse Plasma Corporation, a world leader in plasma gasification technology, which is expected to supply the plasma gasification technology. The use of Westinghouse Plasma’s proven, patented, Waste to Energy technology (which is already in use in 6 commercial facilities worldwide) would significantly contribute to cutting Barbados’s dependence on landfills, reduce carbon dioxide emissions and transforming the island nation into one of the greenest economies in the entire region.

Cahill is advised by international law firm Taylor Wessing, a leading adviser in the alternative energy sector. The legal team is led by Dominic FitzPatrick, Head of Corporate, Commercial and Projects.

Senator the Hon. Darcy W. Boyce, Minister of Energy in the Office of the Prime Minister of Barbados, said: "This Waste to Energy project is a major step to put Barbados firmly on the way to its initial target of replacing by 2029, 29% of its oil based electricity by generation from renewable and alternative energy. Indeed, this project will help Barbados significantly to reach this target ten years earlier than planned."

Friday, 14 March 2014

258 Acre Private Island for Sale in the British Virgin Islands (BVI)

Situated south-east of Tortola and Beef Island, between Virgin Gorda to the north-east and Cooper Island to the south-west, this 258 acre private island for sale in the British Virgin Islands (BVI) is one of the only remaining undeveloped islands in the British Virgin Islands.

258 Acre Private Island for Sale in the British Virgin Islands (BVI) - Aerial Shot
258 acre private island for sale in the British Virgin Islands (BVI) - aerial shot


Although completely uninhabited, the large heart-shaped bay on the southern side of the island is prized for the privacy provided by the steep cliffs along the shoreline by experienced sailors who visit to escape the world and enjoy the magical views of the Caribbean Sea, the Sir Francis Drake Channel and up to fifteen neighbouring islands.

With several popular dive spots teeming with colourful marine life located just off shore (including "Alice in Wonderland" to the south and "Alice's Back Door" to the north), the underwater world offers equally enchanting views and is ideal for diving or snorkelling.

The bay at the private island for sale in the British Virgin Islands (BVI)
The bay at the private island for sale in the British Virgin Islands (BVI)


The island represents a very rare development opportunity with enormous potential that could benefit from the already well-established track record of the British Virgin Islands. With a laid back barefoot chic lifestyle ideal for beach, yacht and diving lovers, the British Virgin Islands has developed an enviable reputation as the ultimate hideaway for the discerning travel connoisseur.

Nearby Peter Island, Necker Island and Guana Island, for example, all count among the world's most exclusive private island resorts, regularly hosting celebrity guests. The archipelago is also renowned as one of the Caribbean's most desirable real estate investment locations, key advantages including no income or capital gains tax and a very high standard of living.

Underwater dredging and blasting would be required to ease access to the bay on the south side of the island and enable an increase in boat traffic and, with airport and ferry connections close by and privacy "built in", this private island is ideal for developing a boutique resort of a similar calibre to those located nearby.

British Virgin Islands (BVI) on the map
British Virgin Islands (BVI) on the map


60 miles east of Puerto Rico, the British Virgin Islands is made up of 50 islands and cays with white sand beaches against a backdrop of lush green mountains, coral reefs and crystal clear blue waters.

The islands offer some of the finest sailing, diving and yachting in the Caribbean, including the world's third largest barrier reef - Anegada.

Annexed by the English in 1672, the BVI remains an internally self-governing British Overseas territory. It benefits from close links to the UK and EU and a judicial system based on English law.

Renowned as a destination of choice of the super wealthy, the BVI offers a very high standard of living and has one of the most prosperous economies in the Caribbean, based on offshore financial services and tourism. The official currency is the US Dollar.

Above and beyond stunning natural beauty, highly attractive tax benefits (no capital gains, value added, sales, inheritance or gift taxes and 0% income tax), have attracted property investors.

As a consequence, property prices have remained largely stable.

Read more about the British Virgin Islands in our Guide to BVI Real Estate.

Monday, 3 March 2014

3 Bedroom Home for Sale, Vieux Fort, St Lucia

This week we present a 3 bedroom home for sale in Vieux Fort, St Lucia with breath-taking views of stunning Savannes Bay and Honeymoon Bay.

3 bedroom home for sale, Vieux Fort, St Lucia
3 bedroom home for sale, Vieux Fort, St Lucia


Located in a private villa development, the property comes complete with a beautifully designed circular private swimming pool and includes spacious indoor and outdoor living areas, a European kitchen and large roof deck – ideal for cocktails at sunset.

Each of the 3 bedrooms includes an en suite bathroom.

An optional rental and management programme is available to provide rental income and ensure your home is looked after even when you are away.

This villa enjoys beautiful views of St Lucia's Savannes Bay and Honeymoon Bay
This villa enjoys beautiful views of St Lucia's Savannes Bay and Honeymoon Bay


The villa is conveniently located in a boutique development just 5 minutes’ drive from one of St Lucia's most spectacular beaches, Hewanorra International Airport and the facilities and shopping malls of the town of Vieux Fort (St Lucia's second largest town).

St Lucia on the map
St Lucia on the map


Despite the proximity of all these conveniences and amenities, the setting offers magical seclusion, privacy and stunning views.

Vieux Fort is also the ideal gateway to explore the beautiful beaches, golf courses and dramatic rainforest covered interior of St Lucia.

Read more about St Lucia in our Guide to St Lucia Real Estate.

Thursday, 13 February 2014

Barbados - 4 3/4 Acre "Shovel Ready" Development Opportunity

Located amidst multi million dollar homes and signature golfing communities, this 4 3/4 acre "shovel ready" development opportunity in Barbados is located on prime land on the Platinum Coast, ideal for luxury residential development.

Luxury residential development opportunity, Barbados
Luxury residential development opportunity, Barbados


With full planning permission and plans already in place for 54 residential units, there is no paper work required and the land is "shovel ready" to build on, providing developers with a hassle free project with potential for high return on investment.

"Shovel ready" development opportunity with full planning permission in place for 54 units
"Shovel ready" development opportunity with full planning permission in place for 54 units


This development opportunity offers the discerning investor a rare opportunity to create a high end project in one of the Caribbean's most established luxury tourism and real estate locations.

The land is located near to several signature properties on Barbados's prestigious West Coast, including Heron Court, Royal Westmoreland Golf Club and the David Lloyd Sugar Hill Tennis Resort Community, home to Barbados's elite.

The world famous Sandy Lane resort and golf course is less than a 10 minute drive away. The amenities and pristine beaches of the West Coast, such as the Colony Club Beach and Folkstone Beach, are also very close by.

In the historic Holetown area there are numerous high end luxury properties being sold in the millions.