JUL 05, 2024

BVI Resort Real Estate – The Benefits of Luxury Resort Living

You’re on vacation, soaking up the sun next to the sparkling swimming pool of your luxurious tropical resort. It’s been the blissful break of dreams and as you contemplate whether a return trip can realistically feature in your future, you think how perfect it would be if this slice of heaven was home. Good news. It can be.

Here in the BVI the opportunity exists to invest in several top-notch resort communities offering second to none scenery and surrounds, luxury amenities, personalized service, and an abundance of activities and experiences for the entire family.

 

Location, location, location

Typically located in the most prime of locations, resort communities offer some of the most breathtaking scenery around. From pristine swathes of white sand beach to dramatic cliffs and headlands, from protected coral reefs to coconut groves and landscaped common spaces, luxury development locations are carefully chosen to offer the absolute best in terms of scenic beauty. And while all beaches in the BVI are public to the vegetation line, most of these luxury, private communities are restricted to the public, so sharing heaven with the hordes is not something likely to dim your day.

 

Established Infrastructure

Resort communities in the BVI have the best infrastructure territory wide. Such communities are characterized by their expertly engineered (and litter-free) roads, underground utilities, fiber optic internet, reverse osmosis water plants feeding huge cisterns for reliable water supply, grey water systems, back-up generators and solar fields, as well as dedicated onsite engineering and maintenance teams to take care of it all. As a homeowner you pay for the privilege, but if you can afford it, we say it’s certainly not money wasted.

 

A Return on your Investment

The BVI enjoys a buoyant tourism sector and ten-month rental season due to its nigh on year-round temperate weather. This ensures attractive rental yields, especially for high-end villas and waterfront properties. One of the beauties of resort communities is that they typically have their own robust rental program run by an in-house team of professionals. From marketing your property to taking reservations, arranging transfers, offering guest and concierge services, ahead of time provisioning and private cheffing, housekeeping and all manner of maintenance, resort teams take care of all the time-consuming details daily massively minimizing stress and risk for the homeowner.

 

Value Retention

Resort living doesn’t come cheap, and while that can be a drawback for some, it can also be seen as a plus in terms of value retention. Resorts commonly attract people with a high net worth and property prices tend to reflect this. Over the past several years, especially during and post-pandemic, resort real estate has only escalated in price. So, while you may be investing more than you would if purchasing an independent property free of the frills of a resort, your investment has the protection of an established and ongoing concern.

 

 

Recreation and Amenities

While many people are drawn to the BVI for the beaches and all things sea-centric, resorts offer a range of activities for visitors of varying ages and stages. Most resort communities have their own on-site spa facilities, gyms, yoga gurus, hiking trails, tennis and pickleball courts, water sports outlets with dedicated instructors, and kids’ clubs. They also offer several dining options within a stone’s throw of your villa, as well as coffee shops, bars, lounges, boutiques, and produce markets. Another sizeable plus is access to a dedicated resort marina, offered by both Scrub Island Resort and Spa as well as Oil Nut Bay. Many BVI vacationers and homeowners have their own boat, and a front yard in which to park this so to speak, is a massive advantage.

 

Choosing your community

Another bonus of buying in a resort community is that you can test drive the product before making a commitment. Stay and play, explore and experience, meet the onsite team and even existing homeowners, before pledging your allegiance to one. The BVI has some truly outstanding resort communities from which to choose. From the uber-luxury Oil Nut Bay where the air is rare and the living exalted, to humming and happy Scrub Island Resort and Spa with it’s gorgeous Marina and surrounding waterfront condos and villas, from the iconic Rosewood Little Dix Bay now in it’s 61st year of delivering legendary luxury living to guests and investors from all corner of the globe to the recently reimagined Long Bay Resort on Tortola with its contemporary and incredibly chic beachfront retreats, buyers are spoilt for choice. There’s no time like the present, and if resort living is your dream the Red Coral team stand ready to make this a reality.

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