9 Striking New Developments Across the Caribbean – Architectural Digest

Posted: August 2, 2021 at 1:30 am

Luxury real estate in the Caribbean is booming and has been for the last year following the onset of the pandemic. According to EdwarddeMalletMorgan, a partner at Knight Frank, a global real estate consultancy based in London, the market is flourishing like never before.

Sales have gone up significantly in the Caribbean in the upscale sector, he says. People have a new flexibility to be away from their primary homes and keep working remotely, so theyre looking to buy in vacation destinations.

Case in point: DeMalletMorgan says that Knight Franks sales of single-family homes in Barbados have gone up more than 50% in the last year, and there have been record-breaking numbers in Mustique.

High-end amenity-laden developments throughout the Caribbean are also attracting interest, including the nine were highlighting that are among the toniest in the region.

From New Providence in the Bahamas to a tropical rainforest setting in the Dominican Republic, here is our list:

One of the chic new developments in Albany.

Albany, New Providence, Bahamas

Starting price of residences: $5 million

With investors like actor and musician Justin Timberlake and golf legends Ernie Els and Tiger Woods, Albany has been a coveted residential development ever since it opened in 2010. The 600-acre community includes nine marina-front condominium buildings, each with a distinct architectural style. One, for example, resembles a cube and was designed by the renowned architect Bjarke Ingels. There are also custom home lots and villas that range from 3,400 to 6,400 square feet.

Ernie Els is behind the golf course, and Albany also features tennis and equestrian centers, several swimming pools, a 15,000-square-foot fitness center with yoga and Pilates studios, multiple dining options, a movie theater, water sports center, and childrens clubhouse. And we cant leave out the music studio and stores that include an outpost of Rolex.

One of the private residences at Bakers Bay Golf & Ocean Club.

Link:

9 Striking New Developments Across the Caribbean - Architectural Digest

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