BVI Property Guide October 2009

Golfer by Michal Shalev

Ask for the Exceptional – Challenge our Creativity – Let’s talk Trust and Private Banking Management of Investment Risks Mortgages and Loans

3076, Sir Francis Drake’s Highway, P.O. Box 3463, Road Town, Tortola, British Virgin Islands Tel +1 284 494 1100, Fax +1 284 494 1199, www.vpbank.vg A Member of the VP Bank Group - Vaduz, Zurich, Luxembourg, Tortola/BVI, Munich, Moscow, Hong Kong, Dubai and Singapore.

Ard Na Mara MacNamara is a desirable location and especially convenient for those requiring to be near Road Town but want to be far enough out that it feels like living in the countryside. The view is over Road Harbour looking East and South over Drake's Channel, with Cooper and Ginger Islands on the horizon. The owners have created areas that provide enough outdoor space for ample parking, a spacious garden, and a roomy patio. The entrance is at the front of the house and sliding glass doors lead into the living area. The open-plan design is very attractive and feels welcoming and cozy. The fully equipped kitchen will suit even the most demanding cook. The bedrooms are on the upper level and the master bedroom has an en suite bathroom and a private deck. The patio is off to one side of the house accessed from the parking area and is a pleasant place to sit and admire the view and ideal for entertaining.

US$775,000

Caribbean Realty Limited B

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284.494.3999 | sales@caribbeanrealtybvi.com | caribbeanrealtybvi.com

Chambra House Chambra consists of two units, a main house and a guesthouse, with a winding drive between them. The houses and its gardens were designed and built by a landscape architect and an electrical engineer. The house has been constructed to cope with almost any weather, and the plants were chosen to be adaptable. The main house is spacious with a two-storey, three-bedroom unit that includes a den, studio and entertainment room. The guesthouse is a two- storey unit with each level potentially self-contained. Currently it serves as a studio apartment with a large bedroom below. Access to the property is from the ridge road and the road into Shannon.

Location is fifteen minutes to the town and beaches, and half an hour to the airport.The design uses a �farmhouse" theme with acid-splashed concrete floors throughout that give a rich depth to the surrounds, complemented by high ceilings and terra cotta walls. The kitchen boasts a custom concrete sink accompanied by all modern appliances. The walk-in pantry has sufficient room for a deep chest freezer and more storage. A breakfast bar divides the kitchen from the landing before arches lead off to the study and an entertainment room off to each side of the atrium. Concrete decking outside provides for evening entertaining or relaxation. An infinity-edge pool overlooks the hill, enticing you to relax. There is also a potential third bedroom with outside shower and bathroom currently being used as a studio.

US$1,500,000

The Producers Managing Editor Owen Waters :: owen@alookingglass.com

Writers David Blacklock, Owen Waters & Traci O'Dea

letter from the editor

Advertising Production Colin Rathbun & Nick Cunha

Welcome to the October issue of Property Guide

Advertising Sales Owen Waters :: owen@alookingglass.com

Happy autumn and Happy Halloween! This month’s issue has no tricks but very many treats. I finally found my dream apartment in Cane Garden Bay. Every morning I wake up, walk about fifty steps and wade into the warm Atlantic waters for a quick swim before work. Some people need coffee to start their day. I need to submerge.

While I've found my perfect rental, Pam Romney of Island Real Estate tries to convince editor Owen Waters that now is the right time to buy.

She makes a good argument, so other buyers beware if our own Owen dives into the market. He’s got the inside scoop.

Another gentleman with the inside scoop is Roy Keegan of Arawak Interiors, but his scoop is on importing from Indonesia. This month, we tag along for a typical day in Bali with Roy who navigates the city like a pro, on a motorbike, no less. Roy shops for everything from jewelry to building materials for his clients here in the BVI. Our cover feature, North Shore Lookout, sits above Brewers Bay with a view that would be impossible to take for granted. Inside the house, stainless steel Viking appliances and ceramic tiles gleam as well.

I look forward to seeing ghosts and witches at the annual Halloween Parade at Nanny Cay. And I look forward to spending as much time as possible in my new home and new neighbourhood.

Graphic Design Richard George & Nick Cunha Executive Producer Colin Rathbun, aLookingGlass Publishing colin@alookingglass.com For additional information contact Colin Rathbun at aLookingGlass or visit www.bvipg.com aLookingGlass

#7 Road Reef Plaza, P.O. Box 3895 Sea Cows Bay, Tortola, British Virgin Islands t 284.494.7788 f 284.494.8777 www.alookingglass.com | info@alookingglass.com On the Cover: North Shore Lookout Cover photo by Traci O'Dea.

I love my life. aLookingGlass Ltd., publisher of BVI Property Guide, assumes no responsibility for the accuracy of the content placed in its publications. For the avoidance of doubt, aLookingGlass gives no warranty or guarantee in regards to any information placed in its publications.

Traci O'Dea

BVI Property Guide and its contents are the intellectual property of aLookingGlass Ltd. Neither this magazine nor any part of it may be reproduced without written permission from aLookingGlass Ltd.

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OCTOBER 2009 BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

Traci O'Dea

Editors David Blacklock, Owen Waters & Traci O'Dea

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LIME brings you the stronger network and the biggest bang for your buck.

Isn’t competition great? It’s time for LIME. Visit the LIME retail store today or check us out online www.time4lime.com

8 Roy Keegan Shops Indonesia . . .

contents 12 Green Living: Landscaping . . .

Roy Keegan Shops Indonesia So You Don’t Have To 8 A typical day in Bali involves a lot of motorbikes, coffee, suppliers, rice, lists and photos but very little sleep.

Property Law: The F acts Orion Law’s Myron Walwyn explains the recent amendment to the Non-Belongers Land Holding License and its implications for both belongers and non-belongers.

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Green Living: Landscaping for Structural Strength and Beauty 12 Landscaping can increase the value and stability of your property, adding colour and shade as well as protecting it from the elements.

North Shore Lookout 14 With a view of Shark Bay National Park and the many blues of Brewers Bay, North Shore Lookout lives up to its name.

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My Winemakers: Seven Courses & Fourteen (Oops, Sixteen) Glasses of Wine 18 Traci’s memories of her night on Guana Island include two very distinct soups and a lot of wine. Hopefully she’s learned her lesson from her tablemates, winemakers from Portugal who sipped instead of gulped.

North Shore Lookout

State of the Market: Wrestling with the Concept of Ownership 21 PG’s Owen Waters asks Island Real Estate’s Pam Romney to sell him on the idea of buying instead of renting in the BVI. Property Listings

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Check out the latest listings from the BVI’s top real estate companies.

Vacation Rentals

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Looking for somewhere to stay whilst you seek out your sensational new BVI dwelling? Our vacation rentals section offers a variety of accommodation types to suit every budget.

My Winemakers: Seven Courses . . .

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OCTOBER 2009 BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

Roy Keegan Shops Indonesia So You Don’t Have To

by Traci O’Dea with Roy Keegan

It’s 7:30am in Bali. Roy Keegan wakes up and has breakfast—an egg and some fruit salad. He skips the rice pudding with grated coconut on top, but gulps down some coffee. “Bali coffee is strong,” he says. “It’ll put hair on your chest.” Equipped with camera and laptop, Roy hops onto his rented motorbike and joins the morning buzz.

“Ninety percent of people travel on motorbikes to get around,” Roy tells me.

“Whole families—the dad driving, the mom holding a baby on the seat, a young kid in the front holding the handlebars and an older one hanging off the back.” Tucked in his pocket is a list of thirty suppliers he wants to see. He needs to find the perfect “character piece” for a client who has a large, empty wall in Little Bay. With him, he has all the measurements and photos he took before he left Tortola.

“Once I get a feel for what the client is looking for, I pursue that avenue. This client had bought an antique carved sideboard from Arawak Interiors, made from old teak, so I knew she liked older pieces.” Once he finds the right supplier, he sends his client images of various suggestions. “A Buddha, carved from teak tree roots, was too dark—she needed a little bit of colour on that wall, as the ceilings are stained quite dark.”

She chooses a colourful painted panel on old teak boards. “Once I knew she liked the first panel, I found two more panels to compliment the first one. If I had wanted two identical ones, this supplier would have made them for me, and you wouldn’t be able to tell because he’d use the same old wood and the old techniques.” Both Roy and the client are happy with the three panels he’s chosen. “It’s rewarding being able to find exactly what the client is looking for.”

Then, once it arrives in the BVI, Roy will deliver and install it in the house.

Roy grabs a quick lunch of Nasi Goreng—a rice dish with bits of vegetables and meat—and visits more suppliers. On his agenda for the afternoon is tile for a wall by the infinity pool at Necker Island.

“Necker is Bali-themed, so when Erick Oeseburg from Poolworks was looking to source some tiles for Necker, he showed me a sample of the look he was

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going for, and I recognized the stone and finish from a previous visit, but I had never had a reason to check them out.” Roy FedExes the samples to Erick who gets approval from Necker. He then orders the green stone cladding cut to Erick’s specifications.

Roy stops for coffee in the afternoon and reevaluates what he’s gotten done and what he still needs to do for the day. I imagine Roy’s days in the BVI are only slightly less active than his days in Bali.

“I’ve been doing more special buying,” Roy says. “A lot more requests for stone tiles, wall cladding and other architectural fixtures. Clients visit the showroom and ask about furniture and fixtures before they’ve even broken ground, which gives me loads of time to come up with ideas and samples.”

In the evening, he has more coffee and a quick dip in the pool then heads back out on the street. “I might do jewelry or clothing buying in the evening because in the afternoon, it’s pretty hot on the street.

This year, I took the family, and they love helping me choose the jewelry and clothing.”

At the end of the night, Roy unwinds. “We might have an evening meal with a supplier—Nasi Campur or another rice dish. They like to take you to these out of the way places where they know the cook.

They tell me I must be doing well because I’ve gained weight. To them, if you’re looking fat, you’re doing well.” After the evening meal, Roy sits down, goes over all the invoices and prepares to repeat the process tomorrow. PG

Shop: 494-5240 Appointments: 499-7483 or 442-0407

OCTOBER 2009 BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

Tiles can be cut to the client's specifications.

Everyone's happy--the supplier, Roy and the customer

Property Law THE FACTS

by Myron Walwyn, Orion Law

The British Virgin Islands House of Assembly has recently passed an amendment to the Non-Belongers Land Holding Regulation Act (Cap 122) (the Principal Act), designed to bolster the regulations governing the acquisition of land by non-belongers.This amendment, the Non-Belongers Land Holding License Regulation (Amendment), Act 2009, is designed to strengthen the rights of belongers while addressing a lacunae in the Principal Act through which non-belongers may acquire and hold land in the BVI without acquiring a license to do so.

Prior to the passage of this amendment, nonbelongers and non-belonger companies purchasing land through a bank, in exercise of an interest in the land, such as a power of sale under a mortgage, or auction, were excluded from the necessity of obtaining a Non-Belongers Land Holding License (NBLHL) from the government.

This Amendment brings uniformity to the process of acquisition of land by non-belongers.

With this amendment, non-belongers desirous of

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acquiring properties from commercial banks through foreclosures or auctions will now be required to obtain a NBLHL. This move is designed to give the government greater control over landholdings by nonbelongers while allowing for better and more accurate monitoring and regulation. The measure was also touted as being designed to safeguard and buttress the rights of BVIslanders and their interests in their property.

Potential landholders, individuals and bodies corporate are distinguished by reference to whether they are a belonger or non-belonger. Based on this categorization, landholders are accorded different privileges and obligations. As such, there are certain rights enjoyed by belongers in acquiring real estate.

The Virgin Islands Constitution Order 2007 (the Constitution) defines a person who belongs to the British Virgin Islands. This includes, among others, any person born in the BVI of a mother or father, who is a British overseas territories citizen (BOTC) by virtue of birth, naturalization or by virtue of descent from a parent born in the BVI, a person who is or was born Jayla Place

in the BVI of a father or mother who belongs to the Virgin Islands, whereas a belonger company would be a company incorporated within the jurisdiction which falls outside the ambit of Section 6 of the NonBelonger Land Holdings Regulation Act which defines non-belonger companies.

Some of the rights and privileges enjoyed by belongers include: Land Holding Licence. Whereas non-belongers are required to first obtain a license in order to acquire and hold land in the BVI, belongers enjoy unhindered freedom in acquiring and holding real estate. This extends to undeveloped property.

First choice in the purchase of any property for sale in the BVI. Current regulations dictate that potential vendors first advertise the sale of their property for four consecutive weeks in a local newspaper. This is done to give belongers adequate notice of the intended sale of the property and an opportunity to make an offer for the purchase of the property. It is only in the event that no belonger

P.O. Box 216 Road Town, Tortola British Virgin Islands T: 1.284.494.2156 F: 1.284.494.2157 www.orion-law.com

Banking & Finance • Corporate • Commercial Conveyancing • Property & Real Estate

www.bviguides.com | ALOOKINGGLASS PUBLISHING BVI PROPERTY GUIDE OCTOBER 2009

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purchaser consummates an agreement with the vendor that a vendor may proceed to enter an agreement with any non-belonger who desires to purchase the property. In this event, the non-belonger would be required to obtain a NBLHL, where proof of the advertisements must be present as part of the application process.

Developmental Commitments.

In order to prevent speculation by non-belongers in undeveloped property, licenses are usually issued with attached time-bound developmental commitments. Failure to meet these requirements could attract a pecuniary penalty of up to forty percent of the sale price should a non-belonger proprietor decide to sell the property.

Additionally, the vendor would be required to seek the permission of Cabinet. However, belongers face no such hurdle as there are no time-bound requirements for any development of the property nor does the landowner face a penalty in the event of a sale of the undeveloped property. Thus a belonger can acquire

and hold undeveloped property for later development or resale thus benefitting from any capital appreciation that may occur on the property.

Taxes. The assessment of Stamp Duty and property taxes is also determined based on the landholder’s status.

Belongers enjoy a reduced rate of four percent (4%) for the payment of Stamp Duty versus twelve percent (12%) applicable to non-belongers.The same treatment applies in respect of property taxes where belongers are assessed at a rate of $10 per acre plus $3 for each additional acre of land or any part thereof while non-belongers are taxed at a rate of $50 for the first one-half acre; above one-half acres to one acre $150 plus $50 for each additional acre or part thereof.

The property market within the BVI is dynamic and represents an attractive investment option. With the new amendment and the added advantages enjoyed by belongers, property ownership should be considered as a worthwhile investment. PG

B UILDING & P ROPERTY M AINTENANCE RESIDENTIAL DESIGN/BUILD CONSTRUCTION

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When you are ready to turn your dream into a reality, visit us at Building and Property Maintenance.

Our clients define who we are. We’ve been established for over seven years and have eagerly supported a wide variety of construction and maintenance needs because we customize our services in response to the specific requirements of the client. Let our empecable standard of service help you realize your dreams.

Realize your

Dreams . . .

Visit us at Port Purcell Warehouse #6 - Office 494 9576 or 494 9577 : : Fax 495 0122 : : Email building_property_maintenance@yahoo.com

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OCTOBER 2009 BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

A Dream Come True Pond Bay, Virgin Gorda $3.5m

A DREAM COME TRUE VILLA is a luxurious 6,500 square foot 5 bedroom, 6 bath vacation waterfront home on an exceptionally private estate blessed with breathtaking views of Virgin Gorda’s Savannah and Pond Bays and the Sir Francis Drake Channel in the BVI.

Coldwell Banker Real Estate BVI, one of around 3500 offices in over 46 countries, was recently voted most improved Coldwell Banker office in the Caribbean and Atlantic region.

In an effort to broaden our reach, our BVI team is delighted to announce that we have teamed up with London based Savills, who has consistently been ranked as the number one estate agent in the UK for the past 8 years, and is ranked in

The villa sleeps 2 to 14 in spacious comfort.The Caribe Main House has a large Great Room with living room, dining room for 10, gourmet kitchen, entertainment area, and three bedrooms, including two master suites, on one side of the property. Across an expansive patio and past the gorgeous horizon-edge pool is the Bali Wing, with 2 additional bedrooms, one a master suite. Every spacious, air-conditioned bedroom features a deluxe private bath and al fresco (outdoor) shower with expansive views of the Caribbean Sea. All have a private oceanview deck or patio with spectacular water views.

This Virgin Gorda Villa is privately located 100 steps above the water’s edge and near 3 of the most memorable beaches on this precious island: Savannah Bay Beach, Pond Bay Beach, and Mahoe Bay Beach. Will you watch the spectacular sunsets from the deck or while floating in the horizon pool? Let the sound of water lapping on the shore will lull you to sleep each evening!

Property Sales

Valuations

Lettings

the top 4 global property leaders.

If you have a property to sell or rent in the BVI, not only can you benefit from the local expertise of our BVI team but you can also call upon the resources and reach of not one but two of the biggest names in global real estate. Both brands are synonymous with a level of professionalism and expertise that are second to none in the industry. For sales, contact Chris Smith on (284) 542 3000 and for long term or vacation rentals contact Kymianne Frett on (284) 542 3002. For Savills in the UK call Joanna Leverett on +44 (0) 20 7016 3811.

(284) 495 3000 info@coldwellbankerbvi.com

abroad@savills.com

w w w. c o l d w e l l b a n k e r b v i . c o m

+44

Vacation Homes

Property Management

(0)20

7016

Commercial

3740

Green Living Landscaping for structuraL strength and Beauty

by Sachkia Barnes

Getting advice from a landscape architect before building a dwelling can help property owners plan an additional line of defence against natural hazards as well as compliment the structure of the house.

At the end of the day, a beautifully landscaped property also provides a peaceful place for its residents while also increasing the value of the property and securing a highreturn mortgage investment.

The topography of the BVI provides dramatic hillsides and beautiful scenery.

At the same time, this feature poses difficulties when building. Flat land for building is a hard-to-come-by commodity throughout the Territory. Homeowners are forced to make deep cuts into hillsides to provide safe foundations for building.

This scars hillsides and exposes soil to the elements, which can make the land unstable and compromise a property.

To prevent further soil erosion, landscaping expert Eleanor Smith suggests

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OCTOBER 2009 BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

terracing hillsides or using ground cover to replant the hillside and have roots hold soil in place.Terracing helps to conserve soil and prevent runoffs.The technique can be very useful for backyard gardening and organising landscaping or gardening options.

The ground cover technique also protects the soil and is a fast method for improving the aesthetic of bare soil. Smith recommends using vines such as the potato and peanut vine, sansevieria and rhoeo or boat lily plant for the same. “These types of plants propagate freely and help keep the soil together. They are very drought tolerant and do not need a lot of care.�

Landscaping can also help protect properties from wind damage. Smith says properties in windy areas such as Soldier Hill on Tortola should use strong trees

perimeter of the property and keeping them to break down the effects of the wind. “In well trimmed throughout the year.” windy parts of the island, you want to plant For some colour, Smith says plants such as trees that will not be easily torn by the wind the bougainvillea, oleander and flamboyant such as palms and some fruit trees.” Smith are excellent options that will help to recommends planting such trees on the protect property perimeter of the A well landscaped yard encourages from the elements property. Once as well as provide mature, their strong more outdoor activities. beautiful flowers branches will and sweet scents around a property. Of provide wide spread protection from the these plants, Smith says that they require very wind and sun, while their deep roots will low maintenance and are good options for withstand strong wind gusts. When working beautifying any home. with a lot of yard space, Smith advises For added value to property, a well planting smaller plants around the base of landscaped home does not only beautify large trees for added beauty. the grounds, but it can also increase living For property close to the beach, Smith space. Instead of storing construction waste warns, “be mindful to use plants that are or old vehicles on a property, landscaping tolerant of salty air such as the kokia, grape that area can provide space for outdoor bush, cactus, aloe and sansevieria.” These dining or recreation—factors that are plants can also be used for hedging a always considered when assessing the property. A hedge provides a wall of value of a property. A well landscaped yard greenery that is ideal for creating walkways encourages more outdoor activities. Instead and entrances but also a great security of being confined to the areas of the feature of landscaping. Evergreen plants that property that are covered by a roof, good bear all year round such as the ficus and landscaping encourages venturing outside eugenia are ideal. However, Smith also warns for more interaction with the natural to keep these plants on the perimeter of the environment. It provides safer grounds for property. “These plants have very strong roots children to explore and play while giving that can cause some damage to property if the adults a peaceful space to relax and they are too close to the house.That’s why enjoy the fruits of their labour. PG we recommend only using these plants on the

Real Estate Sales Vacation Villa Rentals Appraisals Planning

Established 1965 miths Gore opened its first overseas office in the British Virgin Islands in 1965 and has since expanded its activities into North America, Europe, Malaysia and Brunei.

The United Kingdom practice was founded in London in 1845 and currently operates from 26 offices throughout England and Scotland. While the Caribbean practice continues to be based in the BVI over the years there has been a tendency to specialise in the sale and valuation of properties throughout the region.

British Virgin Islands Brittannic Hall, P.O. Box 135, Road Town, Tortola T 1(284) 494 2446 F 1(284) 494 2124 E info@smithsgore.com

United Kingdom 17-18 Old Street, London W1S 4PT T +44 (0) 207 290 1611 F +44 (0) 207 290 1617 E london@smithsgore.co.uk

“Tis not too late to seek another world” –Tennyson

www.smithsgore.com

North Shore Lookout

by Traci O'Dea

After what felt like a trailblazing experience down the rugged driveway, Maritha Keil and I pull up to North Shore Lookout and its clean, contemporary lines. We walk past a healthy papaya tree, popping with dozens of fruit in various stages of ripeness, before taking a few steps across a Saltillo-tiled corridor. Double doors open to the living room and a staggering view of Brewers Bay.

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OCTOBER 2009 BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

Viking appliances abound.

The canvas-covered sofa and chair, reclaimed teak coffee table and side tables, and brushed metal accent lamps all add to the subtle and soothing feel of the living room, advocating peaceful, uncluttered thought. A large flatscreen TV unobtrusively sits in a corner. On the other side of the couch, an office area with a teak desk, spacious bookshelves and an ergonomic chair spans three large windows that face the hillside.

The kitchen, separated from the living area by a counter and a partial wall, dazzles me almost as much as the view. The counters and walls are covered in tiles the colour of chilled blueberries.

Solid wood kitchen drawers and cupboards provide ample storage space. Gleaming among the blue and russet backdrop, Viking stainless steel appliances certify this kitchen worthy of a budding chef. The massive side-by-side refrigerator/freezer, stove, oven, microwave, dishwasher, food processor, blender, toaster, coffee maker and cappuccino/espresso machine all carry the Viking logo.

On the other side of the living room, through sliding glass doors, a covered, outdoor dining area displays enough seating for ten guests. Shade and a constant breeze guarantee this space as the perfect locale to both start and end the day—I can imagine relishing my morning tea out here as easily as I can picture chilling to music long after the dessert plates have been cleared. This is also the perfect spot for watching the sun set over the Atlantic.

A papaya tree greets visitors between the driveway and the entrance.

Simple, clean lines do not detract from the views outside.

Photo by Yacht Shots.

www.bviguides.com | ALOOKINGGLASS PUBLISHING BVI PROPERTY GUIDE OCTOBER 2009

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A private balcony off the guest room blends into the view of Brewers Bay.

The living area opens to a large, open-air dining room.

Photo by Yacht Shots.

spend long, lazy Sunday afternoons in one of the two efficient and practical without protruding pulls Stepping into the sun shining on the large tile Adirondack chairs on this patio. And though I’d be or unnecessary flourishes. Beige ceramic tiles deck, I’m not surprised to notice a Viking professional tempted to pass the time with a book or crossword, in the capacious shower continue the theme of barbecue grill. This house is made for entertaining, I’d probably just end up memorizing every detail of unobtrusiveness, both in and out The view includes the blonde, sandy beach the scenery. PG as do the stainless of doors. Three steel fixtures, white comfortable lounge of Brewers Bay and the reef life below which chairs and two US$975,000 alters the shade and intensity of the blue water. walls and classic porcelain pedestal ottomans invite sink. Four large windows provide the eye-candy. outdoor lounging. The view includes various shades Downstairs, a stacked washer/dryer combo fills a of azure in Brewers Bay that remind me of my sticker Caribbean Realty Limited B R I T I S H V I R G I N I S L A N D S small closet across from the second bedroom. The collection and the "oily" stickers that changed colour 284.494.3999 | sales@caribbeanrealtybvi.com | caribbeanrealtybvi.com large second bedroom, like the rest of the house, when pressed and the liquid inside swirled around. has Saltillo tiles. A closet Directly across from the house, on the opposite with folding doors side of Brewers, is Anderson Point, home of Shark provides ample storage Bay National Park—18.4 acres of park and wildlife space. One of the best preserve that will never be developed. At the tip features of the entire of Anderson Point rest several boulders, similar to property, though, is the those seen at the Baths in Virgin Gorda—and I’m told small, private balcony off there’s a large cave over there as well. Beyond Shark the downstairs bedroom.

Point, the seemingly endless Atlantic Ocean stretches The balcony has no railing, to the horizon. so you feel close to the The bedrooms are accessible from the corridor surrounding vegetation in the front of the house. One is upstairs and one Serving the BVI since 1982 with repairs, rentals of the hillside and the is down. I go up first, to the cathedral-ceilinged and sales of construction and party equipment. stunning view. If I would master bedroom. Again, the furniture and fittings T 494 2352 F 494 3545 tooltown@candwbvi.net spend my mornings and are simple, clean. The bed and matching dressers evenings upstairs sipping and bedside tables are nautically inspired, not in a tea or socializing, I’d rope-and-anchor sort of way, but in that they are 16

OCTOBER 2009 BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

Nanny Cay is Tortola’s flagship marina with berths for 180 yachts, full service boatyard, a hotel with 36 rooms, tennis court, swimming pool, restaurants, spa, shops, beach and the list is growing.

Nestled in the heart of this thriving community marina will be 32 waterfront homes with docks.

Finished to the highest of standards, these 2 and 3 bedroom homes are priced from $650k and are available fully furnished if required.

As well as stunning views, great ocean breezes, guaranteed docks, and first class facilities, owners may take advantage of one of the most competitive, entirely optional rental programs in the BVI. To arrange a tour of our completed homes call Chris Smith on (284) 542 3000 or stop in at our Nanny Cay office.

info@coldwellbankerbvi.com w w w. c o l d w e l l b a n k e r b v i . c o m

Visit us at our new Road Town location at 159, Main Street or at our Nanny Cay Marina office. Tel (284) 495 3000.

Chef Alain Ivaldi's wine soup sparked animated dinner conversation.

Photo courtesy of Peter Wesley Brown Photography.

My Winemakers

by Traci O'Dea

Seven CourSeS and Fourteen (oopS, Sixteen) GlaSSeS oF Wine Somehow I end up on the VIP boat from Trellis Bay to Guana Island for the July 19th Winemakers Dinner. I quietly sit across from the Deputy Premier and pretend I belong there. I smile when members of the international press snap photos and ask the crew the names of the sandy coves we pass—Long Bay, Josiah’s, Lambert. My smile broadens. I live here.

We arrive at Guana with the rain. Dressed in a black and gold kurta, co-chair Ajit George corrals the crowd under tents until covered golf carts haul us up to the top of the hill.

Under a small wooden pagoda, Guana’s General Manager Jason Goldberg serves me a glass of Weingut Kirsten’s sparkling Riesling and a small cup of Chef Dwight Hutchinson’s watermelon gazpacho, and the sun returns.

The gazpacho, seasoned with kaffir lime leaves, mint, galanga root and salt, surprises me by tasting savoury like soup and not the sweet watermelon juice I expected. Dishes and drinks that please me most are those that shatter my expectations instead of simply living up to them. The hostess from Guana refills my flute of bubbly as a hubcap-sized tortoise shuffles by.

I have another gazpacho, sip the last of my wine, and follow a stone path to Jost House for dinner.

After listening to the VIPs’ opening remarks, I sit beside Joel Brillert, Special Events Coordinator at Nail Bay. To my delight, the tan, young and fashionable Portuguese winemaking couple Sandra Tavares da Silva and Jorge Serôdio Borges join us at our table. I’m excited because, along with Pio Cesare’s 2004 Barolo, Sandra and Jorge’s 2006 Pintas Character Douro Red from their wine&soul vineyard is one of the wines I’ve been most excited to taste.

Joel informs me that two glasses of wine will accompany each of the seven courses. Someone should’ve warned me before I topped up my sparkling at the pagoda. But I promise to rally and sample all the wines, even if I don’t drain every glass. No one can possibly finish fourteen glasses of wine, right?

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For the first course, Chef Carla Pernambuco plated two juicy, pink shrimp atop a salad of fresh hearts of palm (brought in from Hawaii by Executive Chef Vikram Garg) and a spicy, moist cornbread mini-muffin. I want a dozen more of those muffins. And not just to soak up all the wine. I notice our tablemates Sandra and Jorge don’t empty their glasses. Clearly, they’ve done this before. Clearly, I have not.

Chef Alain Ivaldi’s duck foie gras with spicy chutney cherries is accompanied by a wine soup in the next course. After she samples it, Sandra exclaims something in Portuguese to her husband then tries to explain “Pop Rocks” to us without knowing the English word for them. I have a spoonful of the soup and feel the candies ricochet off the roof of my mouth. We keep tasting the soup and giggling. This isn’t exactly what I meant by having my expectations shattered, but I will certainly never forget Pop Rocks soup.

The next course, for me, is all about the wine. 2006 Pintas Character Douro Red by wine&soul is up as well as Pio Cesare’s 2004 Barolo, voted Number Six on Wine Spectator’s Top 100 Wines of 2008. I’m certain that Sandra and Jorge’s modest, contemporary wine cannot compete with Pio Cesare’s superstar, but I’m wrong. The Barolo is a wine to savour. The Pintas is a wine to drink. And smile while you’re doing so.

And then think about your lovely day of VIP boat rides, deserted beaches, watermelon gazpacho, tortoises, mini-muffins and Pop Rocks and keep smiling until you remember that you still have eight more glasses of wine to taste. PG

OCTOBER 2009 BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

OHMS's Martin Dindos offers his expertise to two guests.

Photo courtesy of Sarka Duskova.

Winemaking couple Sandra Tavares da Silva and Jorge Sorôdio Borges from Portugal.

Photo courtesy of Peter Wesley Brown Photography.

Spaces are still available for the December 2009 Winemakers Dinners Wed Dec 02 Thu Dec 03 Fri Dec 04 Sat Dec 05 Sun Dec 06

VIP Reception–Norman Island Baraka Point Dinner Frenchmans Lookout Dinner Giorgio's Table Dinner Golden Pavilion Dinner

www.winemakersdinners.com

Architecture resort Design Development consulting mAster plAnning interior Design

OBM INTERNATIONAL t 284 494 2148 oBmi.com BVI Property Guide AUG09.indd 1

8/5/09 10:40:10 AM

www.smiths www.smithsgore.com

Virgin Gorda

Contemporary home with exceptional panoramic vistas encompassing The Dogs all the way to St. John located on private estate within a short drive to Spanish Town and some of the most spectacular beaches in the Caribbean.

Great room, with dining and living areas, three bedrooms 3 and a half bathroom, fully equipped kitchen, office, outdoor covered porch and swimming pool terrace. Gym, garage.

US$3,150,000

Tortola

A stunning contemporary 6 bedroom house straddled on a ridge separating two of the most beautiful beaches on Tortola, Brewers and Cane Garden, built to the highest specification. The immaculate fully furnished interior has been tastefully designed with impeccable attention to detail.

The main house includes two receptions rooms, fully fitted kitchen, master bedroom suite with lounge area and two guest bedrooms, both ensuite.

The separate guest unit offers open plan living dining and kitchen opening to a spacious verandah and two bedroom suites.

US$4,000,000

Tortola

A Caribbean style villa resting on 0.79 acres, on a private residential estate, just minutes away from the beaches of the North Shore, marinas, ferry and shopping facilities.

The main house comprises living room, eat-in kitchen and master bedroom suite and is separated from the guest cottage by a spacious swimming pool terrace. Each room enjoys unobstructed views of the channel and neighbouring islands

US$1,250,000

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OCTOBER 2009 BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

British Virgin Islands Brittannic Hall, P.O. Box 135, Road Town, Tortola T (284) 494 2446 F (284) 494 2124 E info@smithsgore.com

United Kingdom 17-18 Old Street, London W1S 4PT T +44 (0) 207 290 1611 F +44 (0) 207 290 1617 E london@smithsgore.co.uk

State OF THE Market Wrestling with the Concept of Ownership

by Owen Waters with Pam Romney of Island Real Estate

Realtors tell me, tell others, “Buy now! Buy now!”

“Why?” I challenge Island Real Estate’s Pam Romney, who has been in the business for 30 years and is still going strong. As I sit back in her Road Town office, I ask her to give me her best shot. Convince me. Make me want to buy.

“Calculate everything,” advises Pam. “Youth is a blunder, age is a regret.” This is a tricky market for first-time home buyers. “At times like this, with regards to the recession, a lot of people make offers,” says Pam, “but there is no need to play games. We have a real scenario and are prepared to make sacrifices, which is what homeowners do.There has never been a buyer here who walked away,” confirms Pam. “Every investor here has won in property, and very few have regretted the choice, but knuckle down—think about your finances, and be prepared to prioritize.”

“If you have to rely on renting your property out for vacation rentals to cover your mortgage—forget it straight away,” says Pam. “There are flippers and keepers, and there are lots of places that will just get you the property stake, but if you cannot factor upkeep and maintenance and a standard, you are out of that game. Look at St Thomas—same area but five times the population. It’s sold out and saturated.”

Pam tells me the rent I have paid over the years is money for rent only, and the longer I wait, the harder it will get to break into the market. “It’s a progressive market. Licenses take a year, but it puts the market slightly behind. If you had a property and pride of ownership, believe me, it’s like having children. It’s focus. And once you pay off the property, you are in that game. You can then choose to buy again or collect, but ultimately the house is yours. Or rent, but

unless you have unlimited reserves, is going to put be warned, if you are expecting a high standard on you in the hot spot, over and over again. Buy now,” a lease rental and want to low-ball, sooner or later Pam repeats. the rental market will be full of low-standard housing, “So, the market, what of the market?” I ask Pam, which we have seen before. It’s now shaping up, but taking the focus off me as I start to weigh my options. be prepared to pay. A homeowner is not going to “It’s solid”, she says. “You are going to have to subsidize your pseudo-ownership, unless you are paying in realistic terms.”

So, I wonder am I too late? I’ve been If you had a property and pride of ownership, enjoying the lifestyle and the immediate believe me, it’s like having children. It’s focus. sensation of living for now. Life’s been good so far. deliberately do something really wrong to screw “Get that focus into a house,” she says. “There up. Prices have only ever gone higher here. It still are amazing deals right now, and it’s not just offretains an exclusive sense of ownership. It’s a game islanders that are in this market. We encourage local of realistic desire. You’ve got to want it. Don’t wait belongers and established expats to get on them, it out.” have a look, and get into the market. It spells real Pam points out that most of her clients, which, over commitment to the community.” a thirty-year period makes up a lot of homeowners, As our session goes back and forth, I begin to are entrepreneurs. “They have seen the rest of the imagine the amount I have spent on rent in the past Caribbean and other parts of the world, but they and cringe. I mention to Pam that financing seems want the BVI. In that sense they are go-getters, driven somewhat unattainable. and will tow the line with the island community. It’s “The banks are in business to lend money,” she Island life,” Pam says. Finally, we agree, and I start to tells me, “and a fixed-mortgage rate is the way to search the web for properties and get a plan together, go. Forget about building a house here for a minute, aware that others are, too, but I have one distinct unless you have had prior experience or fully advantage— I’m already here. PG understand the demands of building on an island topography or dealing with time constraints. It takes a wealth of planning, and do expect to go way over budget. To get it right, like others have done, it will www.islandrealestatebvi.com | 1.284.494.3186 take a lot of commitment. Financing a construction,

Island Real Estate

www.bviguides.com | ALOOKINGGLASS PUBLISHING BVI PROPERTY GUIDE OCTOBER 2009

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RT

NC

PP

RR

VG

Road Town

Nanny Cay

Port Purcell

Road Reef

Virgin Gorda

Do you need help in a hurry?

Our 'Home Services' page is dedicated to providing essential island information for homeowners and renters.

EDUCATION National Education Services (RR)

HEALTH 284 494-3921

Crown Dental (RR)

284 494-2770

SolĂŠ Spa (RT)

284 494-5999

GARDENING Fort Garden Centre (PP)

284 494-2362

IMPORT Tortola Express (RR)

284 494-0707

To advertise your business in this section, send a request to info@alookingglass.com

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OCTOBER 2009 BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

Frenchmans Paradise An Exquisite New Luxury Home on Frenchmans Cay $3m

Frenchmans Cay is home to Soper’s Hole Marina and one of the BVI’s most exclusive and secure gated residential communities. Here can be found some of the BVI’s most luxurious homes and Frenchmans Paradise, a fabulous, newly constructed 4 bedroom, 3 1/2 bathroom home with office, raises the bar.

Quite simply, the breathtaking ocean, islands, marina and sunset views are unbeatable as is the home’s privacy.

The tasteful, modern style of the home, designed by a distinguished British local Architect, is best described as contemporary Caribbean, combining West Indian charm with modern finishes and clean lines. Features include lots of local stonework, hardwood doors, custom millwork of the highest standard, a phenomenal master suite, 2 spacious guest rooms with large ensuite bathrooms, a truly unique pool with the ultimate vanishing edge, a solar powered back up generator and plenty of covered deck space for enjoying the views in the shade.

Coveniently located for those arriving via the USVI or for those wishing to moor their boat in the nearby marina, Frenchman’s Paradise is the ideal vacation or second home.

Call Chris Smith on (284) 542 3000 to arrange a viewing.

info@coldwellbankerbvi.com w w w. c o l d w e l l b a n k e r b v i . c o m

Visit us at our new Road Town location at 159, Main Street or at our Nanny Cay Marina office. Tel (284) 495 3000.

PROPERTIES FOR SALE THE REFUGE Planned development for intimate boutique hotel consisting of eight private, luxury villas nestled in Brewers Bay oceanfront hillside. approx. 5 acres. US$2,500,000 ++ STONEY BAY POINT A rare find and a perfect piece of property for an exclusive, private and secluded home. View of Atlantic Ocean, Guana Island and Anegada. 8 (approx.) acres. US$2,400,000 KIBANDA Wonderful home, charming Caribbean character. Living area open to spectacular ocean view.

Four bedrooms and 3 1/2 bathrooms, sitting room/office. Custom built kitchen and dining room. Large deck with outdoor dining. Pool set in manicured garden. 0.88 acres. US $1,800,000 SUGAR CANE Open-concept living, dining, kitchen, great room. Master bed, en-suite bath, outside shower, indoor Jacuzzi. Stainless appliances in kitchen. French doors to courtyards, BBQ patio. Downstairs - 1 bed, en-suite bath; private sitting room; office; pump room. 0.88 acres.

US$1,550,000 SURF SHORE VILLA Architect designed 3-bed house with guest house and pool. Very high standard of construction. Beautiful view and close to sandy beach. 0.92 acres. US $1,550,000 CHAMBRA HOUSE 2-storey, 3-bed, 3-bath main house with den, studio, entertainment room. 2-storey guesthouse. View over Brewer’s Bay, Atlantic ocean. 0.7 acres. US $1,500,000 MAKERE HOUSE Caribbean hideaway with spectacular view.

Saltillo tiles, wood cabinets, cathedral ceilings. Swimming pool, tiled patio, 2 bedroom guest house. From the patio and pool area, it's like stepping into the view of Cane Garden Bay. 0.79 acres. US$1,350,000

STARGAZER 3-bed, 3-bath in 4 buildings, major renovation recently, teak furniture from Bali, modern appliances. Caribbean Colonial style, stone paths, private decks from each bedroom and living space. Amazing views of the ocean and the night sky.

4.24 acres. US$1,250,000 NORTH SHORE LOOKOUT Private, secluded. Lliving/dining, kitchen, deck on ground level; master bedroom up a level; guest room with bath and separate laundry with a washer/dryer down a level. Spectacular view over Brewer's Bay. Saltillo tiled throughout.

1.25 acres. US$975,000 SAGE PARK HOUSE 3-bed, 3.5bath with stunning view of Drake’s Channel and St John. All bathrooms en suite. Large dressing rooms.

Games room w/pool table. Lots of storage. Formal dining room overlooking living room. Landscaped gardens. 0.77 acres. US$950,000 TAMARIND Sunset views right on the beach. Apple Bay, world renowned for surfing and just a few steps from this property. 2-bed and 1bath. Walking distance to restaurants, entertainment and 10 min drive to West End ferry. 0.07 acres. US $950,000 ARUNDEL Ease of construction and panoramic views, from U.S.V.I, Jost Van Dyke & Cane Grden Bay. Lush tropical vegetation, high tree canopy allows the home to be positioned with the best view while maintaining privacy. 3.669 acres acres. US $900,000 DIAMOND ESTATE Located off the Ridge Road with a view to the south and east. Easy access and close to Road Town. Ample parking. 2.859 acres. US$900,000

BANANAQUIT GARDENS 3-bed, 2.5-bath, 2-storey building. Wooden and tiled floors. Stunning view over Hodge's Creek to many islands in Drake’s Channel. Covered garage.

Large Lot. 0.89 acres. US$895,000 LIZARD’S LEAP Desirable location; convenient for Road Town. View over Road Harbour and Drake's Channel, with Cooper and Ginger Islands.

Ample parking, spacious garden, and roomy patio. The open-plan design is attractive, welcoming and cozy. Fully equipped kitchen. Bedrooms on upper level and the master bedroom has an en suite bathroom and a private deck.

0.430 acres. US$775,000 CAY LIME HOUSE 4 bedrooms and two bathrooms on the upper level, another bedroom and bathroom on the mid-level where the living/dining areas are, and a one-bed, selfcontained apartment below. 0.6079 acres acres. US$675,000 LITTLE BAY VIEW Large lot overlooking one of the nicest beaches in the Caribbean. Residential area.

1.51 acres. US$550,000 INDIGO PLANTATION Two lots on Great Camanoe with sunset and sunrise views and views of the private marina and tennis court which are part of the Indigo Estate. Good roads.

A small boat is essential and a slip in the marina comes with each lot. 2.10 + 2.10 acres. US$495,000 each lot LIME LEAF Magical Jewel Box only footsteps to Josiah's Beach. 1bedroom, 1-bathroom exquisitely furnished house on a small, fenced lot only 1 min’s walk to the beach. 0.12 acres. US$299,000

LITTLE BAY VILLAS ONLY ONE PARCEL LEFT! Peace and quiet and definitely one of the most beautiful beaches in the BVI. Secluded and exclusive, Little Bay will one day become the “Mustique” of the British Virgin Islands. 0.870 acres. US $265,000 LAMBERT CONDO Fully furnished Studio apartment in Lambert Beach Resort located close to the Pool.

Enjoy the pool and amenities of Resort. Beach only a few steps away, as is the restaurant. There is also a nearby laundry. strata acres. US $260,000 GREENBANK LOTS Exclusive area above Brewer’s Bay. Paved access and utilities. Covenants and home owner’s association. Beautiful northern view of the Atlantic Ocean.

1.2 - 2.0 acres. US$250,000 ++ ea.

SUNSET GARDENS Up the hill from Cane Garden Bay, wonderful view to the North includes Jost Van Dyke and Sandy Cay. Road development has begun. see plots for acres. US $115,000 + up/lot SEAVIEW Wonderful view of the islands in Drake’s Channel and St. Croix USVI. 15 minutes to Road Town and 5 minutes to West End restaurants, shops and ferry terminal.

0.737 acres. US$110,000 COOTEN BAY ESTATE Beach front land! Seclusion, ocean view, beach, tradewind breezes. Utilities underground. Paved roads, covenants will make a very desirable area. Easy access to Road Town and shopping. see plan for acres. US $100,000 ++ SHANNON VIEW Overlooking Cane Garden Bay and the Atlantic Ocean.

0.44 acres. US$85,000

P.O. Box 188, Mill Mall, Road Town, Tortola, British Virgin Islands • Tel: (284) 494-3999 Fax: (284) 494-8999 • sales@caribbeanrealtybvi.com

Vacation Villas • Yacht Charters • Rentals • Sales • www.caribbeanrealtybvi.com

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Prickly Pear Island Moskito Island

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Eustatia Island

Oil Nut Bay

The Dogs

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Jost Van Dyke

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Little Jost

Scrub Island

Virgin Gorda

Marina Cay Spanish Town

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Beef Island

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Dead Chest

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Carval Rock

Salt Island

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Round Rock

Cooper Island

Nanny Cay

Great Thatch

Peter Island

Pelican Island Flannigan Island

Norman Island

Legend: Regions

property listings Use the map and legend to reference the properties listed below. tortoLa h9 windy hiLL Beauty!: Lovely, well finished, recently built 3 bedroom 3.5 bathroom home sitting on 1.152 acres. Very private. Beautiful views of Cane Garden Bay and Jost Van Dyke. www.coldwellbankerbvi.com $850,000.00 (284) 495-3000 i10 Bright and airy 3 Bedroom famiLy home: Lovely bright and airy, three bedroom, two bathroom family home with studio apartment on a hill above Nanny Cay, Tortola's premier Marina. Ideally located to provide easy access to Road Town, Tortola's best beaches and for boaters all the facilities of the marina…fantastic ocean and island views. Contact chris@coldwellbankerbvi.com. US$775,000 (284)495-3000

h8 BeautifuLLy BuiLt hiLL top houSe: Beautifully finished 3 bedroom home with pool sitting majestically above Cane Garden and Brewers Bay beaches. These stunning, unbeatable views are why you came to the BVI! The interiors, millwork, kitchen etc on this lovely

property are as impressive as the view. Contact chris@coldwellbankerbvi.com. US$2,300,000 (284)495-3000

g10 KiBanda: Exquisite 3 bedroom, 3 bathroom home at Belmont Estate, a short walk from Smulers Cove and Long Bay Bay beaches. Best views in Belmont. A home filled with bags of charm and character. Fantastic setting for infinity edge pool. Glorious marriage of West Indian charm and modern convenience. $1,800,000 (284) 495 3000 chris@coldwellbankerbvi.com www.coldwellbankerbvi.com

i10 an architecturaL find: Tropical design with European sophistication and superb standard of finish all combine to create this intriguing three bedroom retreat located on 1.46 acres in a private hillside setting on Tortola’s south coast.

Recently completed and immaculately maintained, this luxury residence is built as two pavilions separated by the infinity edge pool and connected by a covered

Tortola Virgin Gorda Jost van Dyke Northern Islands Southern Islands Anegada

loggia and enjoys some of the more spectacular ocean views on Tortola US$3,150,000 (284)494-2446 www.smithsgore.com

underneath main house, lovely views and breeze, walking distance of great beach. Visit www. coldwellbankerbvi.com $2m (284)495-3000

h9 agape cottageS: Nestled within walking distance of Cane Garden Bay beach but elevated to provide fantastic ocean and island views, Agape Cottages is an investor’s dream for someone looking to walk into a thriving small vacation rental business. Consists of 3 x one bedroom units and 2 x two bedroom short term rental Units plus owner occupied accommodations and more on just over an acre. Potentially 12 rentable bedrooms. chris@coldwellbankerbvi.com $2,290,000.00 284 495-3000

g10 excLuSive four Bedroom reSidence in LuSh weSt end:

L8 Stunning Location on Beef iSLand 5 bedroom waterfront residence located on a private estate overlooking Beef Island and outer islands. $2,400,000 Tel (284) 494-2446 www.smithsgore.com

K8 Luxury 3 Bed viLLa at LamBert: Spectacular three bedroom Villa with dramatic, high vaulted ceilings, spacious walk in closets in all bedrooms, additional apartment

The wonderful ambiance of this residence comes from its first class design and breathtaking views of Jost Van Dyke. Built as two pavilions separated by a spacious swimming pool deck, the property also includes a self contained one bedroom apartment.

US$3,500,000 Tel. 494-2446 www.smithsgore.com

h9 LoveLy Lot at BaLLaSt Bay: Beautiful Ballast Bay Lot now available. Glorious views of Cane Garden Bay and Jost Van Dyke. $120,000 chris@coldwellbankerbvi.com (284) 495 3000

h9 incrediBLe retreat: Incredible retreat set on 2 acres of beautifully landscaped grounds at Shannon offering Caribbean architecture and spectacular views of Jost Van Dyke. Comprising approx. 6,000 sf of living space this property includes three bedroom suites, gourmet kitchen,

www.bviguides.com | ALOOKINGGLASS PUBLISHING BVI PROPERTY GUIDE OCTOBER 2009

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g10 two Bedroom condo – Long Bay reSort: Lovely two bedroom condo with fantastic views. Great resort amenities.

Good income producing history. Really well maintained. Best value in the BVI! $350,000.00 chris@coldwellbankerbvi.com (284) 495 3000

g10 pineappLe pLace: Situated in Belmont above Smugglers Cove. Pleasing proportions, stunning views, it has 3 bedrooms with ensuite bathrooms, a guest house and swimming pool. Privacy, antique teak doors and furniture, mahogany windows, and an orchid shade house are also appreciated. www.pineappleplacebvi.com US$3,500,000

h10 tingaLayo: A stunning newly constructed property on approx 4 acres. 4 bedroom main house with 2 bedroom guest cottage. Unparalleled views of a bright blue sea dotted with islets. A choice of living, dining and entertainment areas, indoors and out. Sweeping decks with sunbeds and oversized cushions for tanning and contemplation. Two heated swimming pools and a hot tub for star-gazing. And all within a short drive of Tortola's legendary West End beaches. $4.5m chris@coldwellbankerbvi.com (284) 495 3000 i9 Stunning contemporary 6 Bedroom houSe: Built to the highest

living room, office, spacious verandahs, swimming pool deck and a one bedroom guest cottage.

US$4,200,000 (284)494-2446 www.smithsgore.com

K8 Stunning contemporary home: This newly completed four bedroom, five bath home masterfully combines indoor and outdoor living, with spacious living and dining areas, gourmet kitchen with breakfast area, fitness, room, swimming pool terrace with bar pavilion and panoramic views of Little Bay. US$1,995,000 (284)494-2446 www.smithsgore.com

g10 Long Bay LotS: Two Lots for sale above Long Bay Beach Resort. Both just under an acre and both offering spectacular views. Concrete access, road, underground utilities, full resort services available. chris@coldwellbankerbvi.com $295,000 each 284 495-3000

g11 affording douBLe viewS: To the south and the north to include the Francis Drake Channel, Soper’s Hole and Jost Van Dyke this delightful property includes a graceful main house with two bedrooms with ensuite bathroom and second level living room and terraces to take advantage of the exceptional views. One bedroom guest cottage. Swimming pool terrace and lovely tropical gardens. The property also include ruins of a military installation. $2,850,000 Tel 494-2446 www.smithsgore.com

g10 two and three Bedroom hiLLSide viLLaS – Long Bay reSort: Cleverly designed Villas with fantastic views, great beach and full use of all resort facilities.

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Lock off units designed to maximize income potential at Tortola’s leading beach resort. From $415,000 chris@coldwellbankerbvi.com (284) 495 3000

h9 1 acre Lot at BaLLaSt Bay: Stunning Lot, hillside just off the water, spectacular views, one for your “Must View Today” list! $200,000 chris@coldwellbankerbvi.com (284) 495 3000

K8 vacation rentaL heaven!

Two 3 bedroom townhomes, each with pools, recently completed and beautifully finished, now available. Walk to Little Bay beach! Fanastic vacation rentals. Contact chris@coldwellbankerbvi.com.

US$2,300,000 (284)495-3000

specification located within short driving distance of Cane Garden, Brewers and town. The main house includes two receptions rooms, fully fitted kitchen, master bedroom suite with lounge area and two guest bedroom suites. Swimming pool terrace with covered outdoor dining area. Separate two bedroom guest unit. $4,000,000. (284) 494-2446 www.smithsgore.com

g11 frenchman'S cay: Stunning new build 3 bedroom Villa with pool with views of Soper's Hole, Little Thatch, St. Thomas, etc. Recently completed. The perfect vacation retreat in one of the BVI most exclusive Estates. Designed and built with absolutely no expense spared. Contact chris@ coldwellbankerbvi.com $3,000,000 (284)495-3000 Q8 1 acre Lot at BeLmont: Beautiful views from a lovely one acre parcel in Tortola’s favourite vacation villa estate. Glorious ocean and island views. chris@coldwellbankerbvi.com $325,000 284 495-3000 i10 waterfront homeSwith docKS, nanny cay: 2/3 bedroom

g10 enchanting cariBBean StyLe viLLa: Located on the hillside above Long Bay, this three bedroom villa in two pavilions offers a 40ft pool and patio for outdoor dining.

Close to all the North Shore beaches, the home has access to and use of Long Bay Beach Resort’s amenities. $1,300,000 (284)494-2446 www.smithsgore.com

viLLa aSoLare at manSion haLL: This stunning home is located around a point which gives panoramic views of the outer islands from Scrub Island to Norman Island. There are stone steps that lead to each of the three buildings, the two beaches and thru lush flowers, fruit trees and the historic ruins of Fort Hodge dating from the 1740’s. There is also an infinity pool with an outdoor kitchen, perfect for entertaining! For more details about this property please go to www.trudebvi.com or call Michelle at 284-494-2500.

waterfront townhouses with docks now available at Nanny Cay, Tortola’s premier marina. Full resort facilities and competitive rental program available to offset costs of ownership.

(284)495-3000. Contact chris@coldwellbankerbvi.com. US$650,000

J8 Sea cowS Bay Land: Located near Oleander Estate in the hills above Sea Cow’s Bay, these 2 properties have spectacular views and breezes. These lots are prime for development, one lot is 0.783 of an acre and the other lot is 6.9 acres, both totaling 7.683 acres. Freehold and No Covenants. US$650,000 (284) 494-2500 www.trudebvi.com

OCTOBER 2009 BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

h11 Sundown: A unique three bedroom home with pool designed for indoor/outdoor living with large open living area and terrace. Fabulous channel and sunset views. Located at the exclusive, gated Towers Estate, at just under an acre privacy guaranteed. $1.6m chris@coldwellbankerbvi.com (284) 495 3000 J10 two Bedroom houSe at SLaney: Opportunity to acquire a 2 bed, 3 bath house located at Slaney Hill within short driving distance to Road Town. The property extends to 0.20 acres and also includes a two storey workshop which could be incorporated into the main house. $675,000 (284)494-2446 www.smithsgore.com

g10 a rare find at BeLmont eStateS: Newly built, contemporary home in prestigious Belmont Estates, a few minutes’ drive to Long Bay and Smuggler’s Cove beaches.

Spacious master bedroom suite with two private guest rooms both with ensuite bathroom. Kitchen and living areas open onto swimming pool deck.

US$1,250,000 (284)494-2446 www.smithsgore.com

h8 1 acre Lot, gLoriouS cane garden Bay viewS: A rare Lot on Luck Hill with fantastic views of Cane Garden Bay. Beautiful sunsets. Very buildable. One not to be missed! $250k chris@coldwellbankerbvi.com 495-3000

i10 compLeted 2 Bed townhouSe at nanny cay: A much sort after completed waterfront townhouse with dock has become available at Nanny Cay Marina. Fully furnished, successfully rented since completion. Large wraparound balcony, full use of all facilities, don’t stop to think, come see it today $675,000 (284) 495 3000 chris@coldwellbankerbvi.com www.coldwellbankerbvi.com

g10 BeLmont eStateS: A few lots left on a delightfully wooded estate of about 250 acres encompassing two of the finest beaches on Tortola, Long Bay Beach and Smuggler’s Cove. Some lots are located within walking distance to the beach.

From $145,000 (284)494-2446 www.smithsgore.com

h10 SecLuded home SiteS: Located at Sage Mountain these three lush sites extend to approx 0.300 acres each and enjoy breathtaking views of Jost Van Dyke. $120,000 (282) 494-2446 www.smithsgore.com h9 dramatic property at Shannon: Built amongst large boulders and lush tropical gardens this unique residence is situated on 5.25 acres and affords the most spectacular northerly views and sunsets. Encompassing approx 5,700 sf this exceptional retreat consists of a great house with three bedroom suites, dramatic two tier swimming pool, private master bedroom cottage and two spacious Balinese guest cottages. A self-contained caretaker’s cottage is located to the rear of the property. $5,450,000 (284)494-2446 www.smithsgore.com

g10 waLK to Long Bay Beach, 3 BedroomS, pooL: Much sort after, James O'Halloran designed, 3 bedroom, 3 bathroom Villawith pool on approx. 1 acre lot a short stroll from Long Bay Beach. Great views, mature tropcal gardens.

h11 deLightfuL two Bedroom houSe with SpectacuLar viewS:

Concrete road to property! Vacation rental history.

US$2,200,000 (284)495-3000

i8 LoveLy reSidentiaL Lot with Beach viewS: ¼ acre Lot with beach views and easy access to Road Town. Beautiful boulders and cooling breeze. $75,000 chris@coldwellbankerbvi.com (284) 495-3000

g11 the wendy houSe, 2 Bedroom home on 1/3acre: The Wendy House is delightful two bedroom home, sitting on a 1/3 acre offering wonderful views over Sopers Hole Marina. It sunique position on Frenchmans Cay allows it to catch the tradewinds and enjoy the sunsets. Plenty of scope for future development.

Successfully rented. $595,000 (284) 495 3000 chris@coldwellbankerbvi.com www.coldwellbankerbvi.com

h9 inveStment property in cane garden Bay: within walking distance to the beach. The property extending to 1.04 acres houses six buildings containing 5 one-bedroom, 2 two-bedroom and 1 threebedroom unit. Beautifully landscaped grounds with a variety of fruit trees. This established business has great development potential. US$2,500,000 Tel. 494-2446 www.smithsgore.com

overLooKing SmuggLer’S cove: Located within Belmont Estate, with stunning views of Smuggler’s Cove, this charming and imaginatively decorated three bedroom house with one bedroom guest cottage and swimming pool terrace is surrounded by beautiful tropical gardens. $2,500,000 Tel 494-2446 www.smithsgore.com

Elegant two bedroom two bath house with swimming pool and spectacular views of the Sir Francis Drake Channel, including St. John and St. Thomas. This well designed home combines timeless Caribbean design with contemporary flair.

US1,250,000 (284) 494-2446 www.smithsgore.com

g10 very cLoSe to SmuggLer’S cove: Set on 0.7 acre of gentle sloping land this charming three bedroom, three bathroom house is located within walking distance to one of Tortola’s finest beaches. Ample room for further development. $1,650,000 (284)494-2446 www.smithsgore.com

KiBanda: Set on 0.7 acre of gentle sloping land this charming three bedroom, three bathroom house is located within walking distance to one of Tortola’s finest beaches. Ample room for further development. $1,650,000 (284)494-2446 www.smithsgore.com

L9 exceptionaL waterfront eState: Set on 4.7 acres and including 600 ft of waterfront/beachfront and a private dock. Ideally located in a private residential estate with spectacular views of the Sir Francis Drake Channel, the residence comprises a four bedroom main house featuring three pavilions connected by covered verandahs and swimming pool terrace, two bedroom guest house, garage, workshop and tennis court. The combination of beach frontage as well as anchorage is a rarity in the BVI and the Caribbean and presents a unique

opportunity to own an exquisite residence in an idyllic location to take full advantage of the island’s treasures. Price on application.

(284)494-2446 www.smithsgore.com

g10 pooLSide apartment: Poolside

The apartments (1,225 sf) are fully air-conditioned and enjoy ocean views through the French doors leading onto a large patio.The homeowners share a beautiful pool, garden, fitness centre laundry and restaurant. From $320,000 (284)494-2446 www.smithsgore.com

apartment with income potential al Long Bay Beach Resort including two bedroom suites and large balconies. With access to all the resort amenities.

US$350,000 (284)494-2446 www.smithsgore.com

p9 charming three Bedroom, two Bath home at windy hiLL:

h9 BuSineSS opportunity: 1.04 acres of hill side land just 200 feet beyond the picturesque beaches of Cane Garden Bay. The property houses six buildings containing 5 one-bedroom, 2 two-bedroom and 1 threebedroom units. US$2,500,000 (284)495-4825

p8 a Stone’S throw from LittLe trunK Bay: Enchanting 5 bedroom, 5 ½ bath

h10 Located in carrot Bay: This 0.267 acre site affords lovely views of Jost Van Dyke and a quiet neighbourhood. $65,000 (284)494-2446 www.smithsgore.com

h9 private viLLa at Shannon: Ideally located to benefit from higher elevation, spectacular views and year round reduced temperature. Main house with great room, master bedroom and two guest bedroom suites. A one bedroom guest cottage is located across the spacious swimming pool deck. US$2,600,000 Tel 494-2446 www.smithsgore.com

virgin gorda p8 apartmentS at oLde yard inn viLLage: Two, bedroom, two bathroom apartments at the new Olde Yard Condominium Village.

Set on 0.5 acres in a quiet neighbourhood the property enjoys beautiful views of Tortola and Beef Island and a lush tropical garden. $750,000

Caribbean Villa perched amid huge boulders above beautiful Little Trunk Bay. Nestled in approx. 1.15 acres of beautifully landscaped grounds, this poolside villa boasts five separate guest cottages, tennis court and fish pond. US$2,600,000 (284)494-2446 www.smithsgore.com

Q8 waterfront Land avaiLaBLe in virgin gorda: Lots now available from $200,000.00. Dramatic ocean views. Very buildable. www.coldwellbankerbvi.com (284) 495-3000

Q6 Lan y mor: Lan Y Mor – Welsh for “By The Sea” - a simply stunning home on a ¾ acre Lot that must be amongst the prime sites in Virgin Gorda. Absolutely incredible ocean and sunset views.

Custom hardwood doors, Sub Zero appliances, slate countertop…get the idea? “WOW!” does not fully describe this property or its lush gardens! Built by a renowned Landscape Architect Contact chris@ coldwellbankerbvi.com. US$1,300,000 (284)495-3000 p9 BaLdor, Spring Bay: A beautiful 3 bedroom, 3 bathroom, spacious home located in Spring

Colonial

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Thousands of satisfied home, motor and business insurance customers enjoy saving money with Colonial. Colonial is proud of its reputation for delivering the best insurance cover at the best possible price, with excellent claims and customer service. The company is a member of Colonial Group International (CGI), which manages over $300 million premiums and contributions and has settled over $336 million for 11 hurricanes since 2000. All you have to do, if you value that kind of security, is ask for a quote.

CALL 494-8450

or visit www.cgigroup.bm

COLONIAL INSURANCE (BVI) LTD. Palm Grove House, P.O. Box 2377, Road Town,Tortola, British Virgin Islands VG1110 Tel. 494-8450 email. colonial@surfbvi.com www.cgigroup.bm A member of Colonial Group International Insurance, Health, Pensions, Life

Colonial Group International is rated A-(Excellent) by AM Best.

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Bay Estate moments from Virgin Gorda’s finest white sand beach Built up high to capture views and breezes.

In the main house are the master bedroom, bathroom, living and dining room and kitchen. Adjacent and connected by wooden decks, is a 2 story building with two bedrooms and 2 bathrooms. $1.7m chris@coldwellbankerbvi.com 495-3000

Q8 exceptionaL panoramic viStaS: Encompassing many of the islands in the BVI from the Dogs and Ginger Island all the way to St. John are had from this contemporary 3 bedroom 3 ½ bathroom home with spacious swimming pool terrace located in a quiet and covenanted residential estate within a short drive to Spanish Town and beaches. The design cleverly blurs the distinction between the internal and external living areas.

Exceptional standards of finish reflect a modern interpretation of Caribbean living. US3,150,000 (284) 494-2446 www.smithsgore.com

Q6 SeaS Song, 3 Bedroom viLLa: Seas Song sits 30’ above the Sir Francis Drake Channel on a beautiful promitory on Virgin Gorda’s North Western shoreline, Within easy walking distance of two fabulous beaches, this stunning 3 bedroom, 3 ½ bathroom home with pool is a modern interpretation of traditional Caribbean architecture. Lots of stonework, large covered terraces and landscaping by award winning Architects. $2.95m chris@coldwellbankerbvi.com 495-3000

p8 - 5 Bedroom viLLa with 360 degree viewS: Unique location atop Virgin Gorda's boulders. 360 degree views of the Caribbean and Atlantic. Inviting living spaces created in and amongst the boulders. Fantastic freeform

pool. Tastefully landscaped to provide complete privacy. Visit www.coldwellbankerbvi.com $3.5m (284) 495-3000

r6 private viLLa at LevericK Bay: This two bedroom, two bath villa with large pool, covered and open terraces and panoramic views of Leverick Bay and the Atlantic Ocean boasts welltended gardens and constant Caribbean breezes and has access to the amenities of Leverick Bay Resort. $1,750,000 494-2446 www.smithsgore.com

p9 raKu, crooK Bay: This 6 bedroom custom home has been designed and built to a standard rarely seen in the BVI and is surely one of the finest luxury homes currently available in the Caribbean. The standard of construction, choice of materials - marble countertops, andirobi vaulted ceilings, mahogany hardwood floors, over 100 tons of imported stone, jatoba hardwood cabinetry and location - beachfront, Virgin Gorda - are all second to none. $11m chris@coldwellbankerbvi.com 495-3000 r5 homeS and Land at LittLe dix Bay: Rare opportunity to own a home on the dramatic hillside above the world-renowned resort.

Magnificent setting, luxurious amenities and services, remarkable privacy. Price on application.

(284)494-2446 www.smithsgore.com www.villasatlittledixbay.com

p9 rare Large Lot now avaiLaBLe in virgin gorda: Approx 1.9 acre Lot now available in Virgin Gorda. Incredible 360 degree views. Truly unique. Beautiful boulders. Upscale neighbours. Off Coppermine Road. Very buildable.

$1,200,000 chris@coldwellbankerbvi.com (284) 495 3000

t5 360 degree viewS: Spectacular 2-acre lot, commanding breathtaking Caribbean vistas, amid tranquil and unspoiled surroundings. Beach access. Oil Nut Bay Realty (284)495-6939 r6 South Sound waterfront homeSiteS: Freehold 0.5 to 1 acre sites in a private secluded location with fabulous views, breezes on South Sound. Services are underground.

We offer villa designs and construction.

US$200,000 (203)312-0152 tpcook@videoautomation.com www.videoautomation.com/southsound.html

p8 tropicaL home: Charming and eclectic 3 bedroom, 2 bathroom home on a 0.5 acre site with spectacular views of Tortola and Beef Island and the Caribbean Sea. Its lush tropical garden includes a Balinesian Rice barn. $750,000 (284)494-2446 www.smithsgore.com Q7 a dream come true, pond Bay: A five bedroom, cliffside/waterfront home above Virgin Gorda’s most spectacular beaches at Pond Bay and Savannah Bay. Simply stunning. Ask to see the rental history and figures on this property. A phenomenal story. $3.5m (284) 495 3000 chris@coldwellbankerbvi.com www.coldwellbankerbvi.com

p8 condoS avaiLaBLe on virgin gorda: A selection of one and two bedroom condominiums available on Virgin Gorda at the Olde Yard Village from $320k. Finished and equipped to high standards, lovely facilities including large pool,

Drakes’ Traders Ltd.

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BVI PROPERTY GUIDE ALOOKINGGLASS PUBLISHING | www.bviguides.com

gym, restaurant, tennis courts, beautiful gardens. From $320,000 chris@coldwellbankerbvi.com (284) 495 3000

p9 5600SQft of meditteranean SpLendor: A really spacious home with gorgeous ocean views, one Lot off the water, short walk to wonderful small secluded beach dotted with VG’s famous boulders. Lovely gardens chris@ coldwellbankerbvi.com US$2,000,000 (284) 495-3000

p9 rare Lot in virgin gorda: Rare, very buildable Lot on the road to the Coppermine. Just over half an acre. Lovely views. chris@coldwellbankerbvi.com $450,000 284 495-3000

northern iSLandS m7 mainSaiL reSort, marina and Spa: Spectacular Lots from 1 1/2 to over 6 acres now available to build your Caribbean dream home on beautiful Scrub Island. A few Oceanfront and hillside homes with incredible views and access to alll resort facilities still available. US$2,000,000 (284) 495-3000

m7 360 degree viewS, 2 acreS, private docK: If you want the best views in the British Virgin Islands, you need to take a look at ‘Rising Sun’ on Great Camanoe.This luxurious 4 bedroom Villa in high end residential Estate is everything a Caribbean dream home should be. Sale includes car, boat, and dock in private marina.

US$2,000,000 (284)495-3000

m7 very private 2+ acre LotS on excLuSive ScruB iSLand marina & Spa reSort! Part of an upscale island resort, waterfront land is available to build your own dream home.View at www.trudebvi.com US $1,500,000+ (284) 494-2500

m7 outer iSLand eState Located on Great Camanoe, this 10 acre estate has beach and water frontage and a dock. Main house built as three pavilions connected by terraces and verandahs with beautiful views of Marina Cay and the Sir Francis Drake Channel; one bedroom self-contained guest cottage. Beautiful landscaped grounds. $6,000,000 (284)494-2446 www.smithsgore.com m7 Luxury accommodation arriveS in the Bvi: Brand new Marina Suites, 2 bedrooms, 2 1/2 bath at the BVI’s premier Resort and Marina Development on Scrub Island. Resort faclities incl. first class spa, restaurants and marina. (284)495-3000 www.coldwellbankerbvi.com $1.2m

m7 charming 5 Bedroom viLLa on great camanoe: Delightful 3

yet completely private. Wonderful landscaping, beachfront, private swim dock. Absolutely one of a kind property. $6m (284) 495-3000 chris@coldwellbankerbvi.com

bedroom Main House with 2 Bedroom Guest house on Great Camanoee. Lots of character. Fantastic island and ocean views, incredible panorama. Easy access to dock. Approx 2 acre Lot. US$1,200,000 (284)495-3000

JoSt van dyKe JoSt van dyKe Land: There is a 1 acre lot located about a mile east from Foxy’s Restaurant. It has utility access, road access and stunning panoramic views of Tortola and St. Thomas. US$110,000.00 (284) 494-2500 www.trudebvi.com

m7 3 Bedroom viLLa, mainSaiL deveLopment: One time opportunity to purchase nearly completed 3 bedroom residence from Owner at significantly below market price.

On Mainsail Luxury Resort, Spa and Marina private island. Finishes to the highest specifications. Full property management services and facilities. chris@ coldwellbankerbvi.com $2,000,000 284 495-3000

anegada r1 two Beachfront SiteS: Located in proximity of Loblolly High Point. Each lot extends to approximately to 0.3 acres. $175,000 494-2446 www.smithsgore.com

m7 diamond reef eState, uniQue 10 acre property: A fabulous

LoBLoLLy Bay Land: Great Investment

property, full of character and charm. Upon this 10 acre site sits a magnificent 3 bedroom main house, built largely from local stone in 1968 by the Upjohn Pharmaceutical family. A delightful one bedroom guest house built in later years. Residents treated to glorious views

Opportunity!!! Walking distance to the beach and Flash of Beauty Restaurant, this freehold 3.88 acres lot is ideal for any investment venture.There are road access and utility polls next to the property.

US$550,000 (284) 494-2500 www.trudebvi.com

VACATION VILLA RENTALS SeBaStian'S on the Beach: Rooms for every budget starting with Tropical Garden rooms up to luxury junior-suites with teak whirlpool. Beachfront rooms offer "fall-out-of-bed into the water beaching" (Fodor's), a/c, ceiling fans & refrigerators in all rooms. Seaside Restaurant, continental, caribbean cuisine, fresh lobster & seafood. Commissary with Internet desk. www.sebastiansbvi.com - sebhotel@surfbvicom (284)495-4212

SurfSong viLLa reSort: A boutique beachfront resort of six extraordinary villas – ranging in size from one to four bedrooms. Each villa boasts individual distinctions that include secluded decks, oceanfront views, elegant furnishings, outdoor stone showers and romantically draped four-poster beds. All villas have plush king size beds, resort robes, BBQ patio, CD & DVD, Sat. TV, A/C, & room-safe, Wifi. Amenities include: a beach lounge, reception area, honor bar, tropical dining courtyard, spa services, watersports, meal packages, concierge & business services. www.surfsong.net, info@surfsong.net (284) 495-1864

List your vacation villa here. Send a 250 character or less description with a headline, price, 1" x 1" hi-res photo and contact details to info@bvipropertyguide.com or call us at 284 494 7788.

Want to see your property listed?

Send a 250 character or less description with a headline, price and contact details to info@bvipropertyguide.com or call us at 284 494 7788.

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