Category Archives: Sotheby’s International Realty News
TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE
FOR IMMEDIATE RELEASE
TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE
PROVIDENCIALES, Turks & Caicos (Nov. 1, 2010) – Turks & Caicos Sotheby’s International Realty, a luxury real estate firm based in Providenciales, Turks & Caicos, recently participated in the 6th Annual Sotheby’s International Realty® Leadership Forum, which brought together nearly 250 network members and staff from 10 countries worldwide.
This dynamic, three-day event, which was held Oct. 25 to 27 at The Ritz-Carlton, Buckhead, in Atlanta, provided a unique opportunity for Sotheby’s International Realty brokers, owners and managers to network and share best practices. It also included a tour of some of the finest luxury real estate in Atlanta, courtesy of Atlanta Fine Homes Sotheby’s International Realty.
“The annual Leadership Forum provides a great value to our firm, and this year’s event was no exception,” said Joe Zahm, President, Turks & Caicos Sotheby’s International Realty. “It offered the opportunity to network with some of the world’s most talented real estate professionals and learn more about the industry and the role of emerging technologies.”
Turks & Caicos Sotheby’s International Realty, which has offices in Providenciales, offers exclusive Sotheby’s International Realty marketing, advertising and referral services designed to attract well-qualified buyers to the firm’s property listings. In addition, the firm and its clients benefit from an association with the Sotheby’s auction house, which promotes real estate referral opportunities with auction house clientele.
As a Sotheby’s International Realty affiliate, the firm also has the unique ability to refer its real estate clientele to the auction house for jewelry, art, unique furniture and collectible appraisal services. Property listings from Turks & Caicos Sotheby’s International Realty also are marketed on the sothebysrealty.com global website, as well as on the firm’s local website, http://www.turksandcaicossothebys.com.
“The Leadership Forum is a very effective tool for bringing together our network members from all over the world with the common goal of sharing their own unique experiences,” said Michael R. Good, chief executive officer, Sotheby’s International Realty Affiliates LLC. “This year’s conference, our largest ever, provided a brand update and presentations on competing in today’s luxury market and leveraging new technologies in real estate marketing.”
Turks & Caicos Sotheby’s International Realty is located at Venture House, Grace Bay Road, Providenciales. For additional information, please contact 649-946-4474. The Sotheby’s International Realty network currently has more than 10,900 sales associates located in approximately 500 offices in 37 countries and territories worldwide.
CONTACT:
Turks & Caicos
Sotheby’s International Realty
t. 649.946.4474
info@tcsothebysrealty.com
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Long Bay Beachfront – 1 Acre Lot – $695,000
Long Bay Beachfront – priced to sell!!
“Excellent investment beachfront parcel with double frontage of 270’, almost twice the standard frontage in this area. In vicinity of future high-end resort, the Shore Club”.
Contact:
Nina Siegenthaler-Borges
t 649-946-4474 c 649-231-0707
nina@tcsothebysrealty.com
Providenciales, Turks & Caiocs Islands
Introducing Villa Turquesa
A fusion of luxury and casual living define this rare tranquil residential estate nestled within the coveted Ocean Point Drive Community on Sapodilla Bay. Elevated above the emblazoned turquoise waters the Colonial Barbadian architecture has left no details overlooked. From the inviting balconies and terraces to the masterfully framed private infinity pool, this 3560 sq. ft. 4 bed, 4.5 bath home is replete with classic detailing and master craftsmanship. The classic design of this prime estate affords breathtaking views from every room. The upper floor master suite is complete with custom trayed tongue and grove ceilings, fine furnishings and wood floors. The large airy living and dining spaces with beamed vaulted ceilings are capable of hosting formal occasions, but are just as enjoyable for intimate family living. Among the interior highlights are the state of the art professional grade kitchen with modern amenities, complimented with custom hand crafted trim cabinetry and doors, finished with meticulous detail from the grand era of days gone by. The gentle white washed Barbadian Coral Stone exterior, Carriage car park and storage space blends artfully with magnificently landscaped grounds, all flowing together, defining a Caribbean residential masterpiece.
Mark Mills
Sales Associate
Turks & Caicos Sotheby’s International Realty
t 649-946-4474 c 649-242-0551
TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE
FOR IMMEDIATE RELEASE
CONTACT:
Turks & Caicos
Sotheby’s International Realty
649-946-4474
info@tcsothebysrealty.com
TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE
Providenciales, TCI (April 28, 2010) – Turks & Caicos Sotheby’s International Realty, a luxury real estate firm based in Providenciales, TCI, recently participated in the
2010 Sotheby’s International Realty® Global Networking Event.
This dynamic, three-day event provided a unique opportunity for all sales associates, managers and owners who are members of the Sotheby’s International Realty network to connect, exchange ideas and forge relationships designed to help build their businesses and drive new leads to their listings.
“The annual Global Networking Event provides a unique value to our firm and agents,” said Nina Siegenthaler, Director/Broker, Turks & Caicos Sotheby’s International Realty. “It allows our firm to share ideas and best practices with our fellow brand professionals from all over the world. We also had the opportunity to learn more about the real estate business worldwide through informative breakout sessions on a variety of topics.”
The event was held April 12 to 15 at the Manchester Grand Hyatt San Diego in San Diego, Calif. Keynote speakers were Benjamin Zander, conductor of the Boston Philharmonic Orchestra, and Matthew Ferrara of real estate consulting firm Matthew Ferrara & Company. Guest speaker and three-time Olympic medalist Julia Mancuso spoke about her Olympic experiences and work ethic.
Turks & Caicos Sotheby’s International Realty, which has offices in Providenciales, TCI, offers exclusive Sotheby’s International Realty marketing, advertising and referral services designed to attract well-qualified buyers to the firm’s property listings. In addition, the firm and its clients benefit from an association with the Sotheby’s auction house, which promotes real estate referral opportunities with auction house clientele.
As a Sotheby’s International Realty affiliate, the firm also has the unique ability to refer its real estate clientele to the auction house for jewelry, art, unique furniture and collectible appraisal services. Property listings from Turks & Caicos Sotheby’s International Realty also are marketed on the sothebysrealty.com global Web site, as well as on the firm’s local Web site, tcsothebysrealty.com.
“The Global Networking Event enables Sotheby’s International Realty affiliates from around the world to join together to share their collective insights and experiences, highlighting the true strength of the Sotheby’s International Realty network” said Michael R. Good, chief executive officer, Sotheby’s International Realty Affiliates LLC. “Every individual attending this conference is committed to working together to help us grow our network, and we appreciate their ongoing dedication and enthusiasm.”
Turks & Caicos Sotheby’s International Realty is located at Venture House in Grace Bay. For additional information, please contact 649-946-4474.
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Sotheby’s International Realty® Network Collaborates with The New York Times
FOR IMMEDIATE RELEASE
CONTACT:
Turks & Caicos
Sotheby’s International Realty
649-946-4474
info@tcsothebysrealty.com
Sotheby’s International Realty® Network Collaborates with The New York Times
Providenciales, TCI (March 31, 2010)— Turks & Caicos Sotheby’s International Realty in Providenciales, TCI announced that the Sotheby’s International Realty network has formed a collaboration with The New York Times to showcase unique properties from its network’s approximately 500 offices in 38 countries and territories worldwide throughout the publication’s Web site, http://www.nytimes.com.
The relationship will promote the Sotheby’s International Realty network’s listings exclusively in slideshows throughout the publication’s online real estate section, called Great Homes and Destinations. The brand’s offices will be showcased exclusively on select “Style Maps” located on The New York Times’s online T magazine throughout the year.
Sotheby’s International Realty advertising also will be in “Featured Properties” found throughout the section and in an expanding ad that will feature the brand’s latest listings by lifestyle. Finally, consumers that download The New York Times’s new Real Estate iPhone application will have access to properties represented by the brand worldwide.
“This relationship brings together two brands renowned for quality in their respective fields,” said Wendy Purvey, senior vice president, marketing, Sotheby’s International Realty Affiliates LLC. “Our goal is to provide our network members access to the valuable exposure this collaboration offers. It will provide an opportunity to present their many fine listings from all over the world to an international audience.”
“This relationship is an exciting tool for Turks & Caicos Sotheby’s International Realty’s clientele, and a key component to our overall marketing strategy for the homes we represent in the Turks & Caicos Islands real estate market,” said Joe Zahm, President/Broker. “Turks & Caicos Sotheby’s International Realty is proud to offer its clients such a unique and effective way to position their homes in front of an international audience of well-qualified buyers.”
Turks & Caicos Sotheby’s International Realty represents perhaps the most experienced base of sales agents and experts in the industry, with over 60 collective years experience in the Turks and Caicos Islands. Turks & Caicos Sotheby’s International Realty is located at Venture House in Grace Bay, Providenciales.
The Sotheby’s International Realty® network currently has more than 10,600 sales associates located in approximately 500 offices in 38 countries and territories worldwide.
About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit http://www.sothebysrealty.com.
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Sotheby’s International Realty® Network Continues Relationship with The Wall Street Journal
FOR IMMEDIATE RELEASE
CONTACT:
Turks & Caicos
Sotheby’s International Realty
649-946-4474
info@tcsothebysrealty.com
Sotheby’s International Realty® Network Continues Relationship with
The Wall Street Journal
Providenciales, TCI (March 31, 2010)— Turks & Caicos Sotheby’s International Realty in Providenciales, TCI announced that the Sotheby’s International Realty network is continuing its exclusive relationship with The Wall Street Journal to present the many values of real estate as a long-term investment and showcase unique properties from across its worldwide network’s approximately 500 offices.
As part of the relationship, the Sotheby’s International Realty brand and The Wall Street Journal will continue to co-host The Business of Extraordinary Living on the publication’s Web site, http://www.wsj.com, designed to provide insights into the real estate market from the brand’s worldwide network. The Business of Extraordinary Living officially launched in March 2009.
Several enhancements have been made to The Business of Extraordinary Living for 2010 including a new addition to the Address section, called The Address Blog, in which a brand network member will discuss a real estate relevant topic with users. Also, a Featured Listing section has been added to the Address and Brand sections in which listings representative of Sotheby’s International Realty offices from the area the user is located in will be featured through geographic targeting.
In addition, a Journal Community has been added to the Insights section for users to join and discuss real estate, and a Company Happenings section has been added to the Brand page to showcase the latest events taking place in the network.
“Our exclusive relationship with The Wall Street Journal has proved to be a very effective tool for promoting the fine homes represented by our network among this critical audience. In fact, three-quarters of those who visited The Business of Extraordinary Living expressed likelihood to consider using the Sotheby’s International Realty brand for a future real estate purchase, and more than 76 percent of those who visited it found it to be helpful,” said Wendy Purvey, senior vice president, marketing, Sotheby’s International Realty Affiliates LLC. “Our enhancements for this year will offer locally-driven features that further demonstrate our reach.”
The brand expects to increase exposure of The Business of Extraordinary Living by 62 percent this year, delivering 60 million impressions, which is double the exposure delivered in 2009. This year the brand also will receive premier placement in the Featured Homes portion of The Wall Street Journal’s online Real Estate section.
“The Business of Extraordinary Living has been an effective tool for our firm in promoting the value of real estate in the Turks & Caicos Islands real estate market, and one that we have access to through the Sotheby’s International Realty brand,” said Joe Zahm, President/Broker. “The power of this partnership is that it enables us to get the properties we represent directly in front of a global and highly-targeted audience.”
Turks & Caicos Sotheby’s International Realty represents perhaps the most experienced base of sales agents and experts in the industry, with over 60 collective years experience in the Turks and Caicos Islands. Turks & Caicos Sotheby’s International Realty is located at Venture House in Grace Bay, Providenciales.
The Sotheby’s International Realty® network currently has more than 10,600 sales associates located in approximately 500 offices in 38 countries and territories worldwide.
About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit http://www.sothebysrealty.com.
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Sotheby’s International Realty Brand Honored by Franchise Business Review
Sotheby’s International Realty Affiliates LLC
1 Campus Drive
Parsippany, NJ 07054
FOR IMMEDIATE RELEASE
Sotheby’s International Realty Brand Honored by Franchise Business Review
PARSIPPANY, N.J. (March 3, 2010) – Sotheby’s International Realty Affiliates LLC today announced it won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award for the third year in a row.
The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 5th annual Franchisee Satisfaction Awards presented by Franchise Business Review. Sotheby’s International Realty Affiliates LLC also was ranked third overall among all franchise categories with more than 200 locations. This is the third year that the Sotheby’s International Realty® brand was rated in the top 10 of all award categories.
“We are so honored to receive this recognition for the third year in a row,” said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “It demonstrates we are continuing to provide our franchisees with the support, tools and resources they need to excel. The fact that this award is based on direct feedback makes it very significant for us and a true testament to the value we provide our members.”
Franchise Business Review surveyed franchisees from more than 500 leading systems, representing more than 100,000 franchisees, for the 5th annual Franchisee Satisfaction Awards. Franchises were evaluated in five areas: training and support, franchise system, franchisor/franchisee relations, financial opportunity and overall satisfaction. Additionally, demographic and lifestyle questions gave a 360-degree view of the franchise ownership experience. Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. For a complete list of this year’s award winners, go to http://www.FBR50.com.
“We have surveyed thousands of franchisees, representing almost all of the leading brands in the real estate sector,” said Eric Stites, president, Franchise Business Review. “The Sotheby’s International Realty brand’s owner satisfaction is exceptionally high and a direct reflection of the unique business opportunity created by their team and parent company, Realogy Corporation.”
The Sotheby’s International Realty network currently has more than 10,600 sales associates located in more than 500 offices in 38 countries and territories worldwide.
About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit http://www.sothebysrealty.com.
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MEDIA CONTACT
Jennifer Zimmerman
Director, Public Relations and Communications
Sotheby’s International Realty Affiliates LLC
1 Campus Drive
Parsippany, NJ 07054
(973) 407-6375
Jennifer.Zimmerman@sothebysrealty.com
GRACE BAY RESORTS SETS NEW FULLY-INCLUSIVE STANDARD IN TURKS AND CAICOS WITH OPENING OF THE VERANDA RESORT ON PROVIDENCIALES
Reply
February 2010
Five Star Fully-Inclusive Resort Features Inspired Caribbean Décor, Two Oceanfront Restaurants and the Only Private Beachfront Cottages in Turks and Caicos
(Providenciales, Turks & Caicos) – Grace Bay Resorts, the company behind the celebrated Grace Bay Club (www.gracebayclub.com) in Turks and Caicos, has once again raised the bar among distinctive resorts in the region with the opening of The Veranda Resort (www.verandatci.com) in Providenciales on February 1, 2010. The five star fully-inclusive 123-room residence-style resort features oversized home-like accommodation in addition to eight private oceanfront cottages, two beachfront dining experiences, unprecedented services and amenities, three separate private pools with one reserved for adults only and breathtaking views of Grace Bay beach at every turn.
“There is a growing demand for value-added product in the luxury marketplace today and we feel The Veranda’s five star fully-inclusive program fills a much needed niche within the luxury sector of Turks and Caicos,” says Nikheel Advani, Chief Operating Officer of Grace Bay Resorts. “We have gathered some of the finest hospitality talent to ensure this property is operated at a five star level. Once a guest steps foot on this property they will recognize the familiar fingerprint of our impeccable service and personalized standards that have come to define the Grace Bay Resorts experience.”
The Veranda is being managed by Grace Bay Resorts, the 15-year old luxury hospitality brand. All 123-units including the eight beachfront cottages are available for private purchase with Turks & Caicos Sotheby’s International Realty. Prices range from USD$335,000 to USD$2,950,000.
“Representing an investment of over $80 million, The Veranda Resort is one of very few new resorts to open in the Caribbean this year,” says Mark Durliat, CEO of Grace Bay Resorts. “The successful completion of this project is further proof that the Turks & Caicos, despite the global economic turndown, remains an attractive destination for foreign investment in the leisure sector.”
FULLY-INCLUSIVE DEFINED
The Veranda Resort’s fully-inclusive concept is redefining the five star travel experience for the new value-conscious traveler seeking a boutique luxury resort experience with all expenses determined upfront. Rates at The Veranda are structured on a per night/per person basis and include all meals, premium beverages, on-site children’s programs and non-motorized water sports. A la carte dining is available at all on-site restaurants in addition to the Bar at Marin and Sky Lounge serving a selection of premium alcohol from Grey Goose vodka to the elite Kim Crawford Pinot Noir from New Zealand. In addition to the aforementioned amenities, guests of The Veranda enjoy added services including concierge and in certain suite categories personal butler service, in-room chef, dining service, pre-arrival provisioning of groceries, shopping and delivery throughout stay, childcare services and daily housekeeping including dry-cleaning and laundry. Added touches for all room categories such as in-room Espresso machines stocked with premium Illy coffee, Sony Playstation 3 Videogame consoles, Egyptian cotton linens, IPod Docking Stations and a selection of Elemis Spa Amenities further reinforce the resort’s five-star status. Guests are encouraged to experience complimentary on-site daily activities including yoga classes, movie nights and sailing, kayaking and beach volleyball.
THE OVERSIZED ROOMS
Perched on 11 acres, The Veranda Resort occupies approximately 800 feet of beachfront along the famed 12-mile-long sugar-white sand of Grace Bay. Inspired by British Caribbean architecture, the vibrant community-style resort is divided into three types of accommodation: the four-storey Veranda House, a collection of 2-storey Veranda Townhouses located along the Veranda’s picturesque walkways, gardens and pools and eight freestanding Beachfront Cottages with private plunge pools and direct beach access. All buildings feature Caribbean chic architectural styles and furnishings inspired by the legendary coastal destinations of Nantucket and Key West. Each residence features flat screen televisions, a BOSE Sound Dock entertainment system, wireless internet and a custom fully-stocked in-room kitchen and bar facilities with stainless steel appliances and full washer/dryer. Each bathroom environment is decadent with marble floors, stone vanities, deep soaking tubs, and glass enclosed rain showers.
The Veranda House is located at the heart of the resort and is comprised of studios (up to 594sqft), one bedroom (up to 956 sqft) and two bedroom (up to 2198sqft) layouts. Perched on the top floor of the Veranda House is a collection of unique two-story loft style two-bedroom residences with entry foyer, master and guest bedrooms, 17 foot ceilings and private balconies that offer stunning views of Grace Bay.
Located along The Veranda’s picturesque walkways, gardens and pools are the multi storey one-, two- and three- bedroom Veranda Townhouses ranging in size from 687 sqft to 2,996 sqft. All residences feature spacious outdoor verandas and viewing decks.
The eight freestanding three- and four-bedroom Beachfront Cottages at The Veranda are surrounded by lush landscaping for privacy and boast direct access to Grace Bay beach. All cottages come equipped with the amenities and services you would expect from a five star resort including: private plunge pools, concierge and butler services, private chef, dining service, pre-arrival provisioning of groceries, shopping and delivery throughout the stay, childcare services, daily housekeeping services, laundry services and much more.
DINING
Marin
At the heart of the property is Marin, the resort’s signature beachfront restaurant and bar perched alongside the Linear Pool and white sand beaches of Grace Bay. Marin provides dramatic ocean views and gourmet cuisine infused with local and Caribbean influences for an unexpected dining experience. Fresh seafood is the primary focus with an extensive wine list of over 120 selections stored within a contemporary glass wine wall. Long sommelier tables decorate the interior space for larger parties, while intimate clusters of beachfront dining provide more private retreats along the shore and pool. Blue glass tiles decorate the adjoining Bar at Marin inspired by Keith Hobb’s neighboring Infiniti Bar at Grace Bay Club, complete with outdoor fireplace and four egg-shaped swinging chairs. The bar will provide an additional 40 seats and serve a collection of Caribbean inspired tapas. Bar service will begin at 11am. Marin boasts 200 seats and will be open for breakfast, lunch and dinner.
Grill Bleu
The perfect setting for a light meal, this alfresco venue overlooks Grace Bay Beach. Boasting the only Tandoori Oven in Turks and Caicos, the menu offers a continental blend of grilled favorites and tropical libations. Contemporary in design, the space seats 100 for breakfast, lunch and dinner. Natural sand colors with bright blue accents keep the focus on the surrounding environment while colorful flavors are prepared in a striking open-air kitchen.
Courtyard Café
Experience homemade favorites including a range of gelato and specialty coffees in an intimate Courtyard setting surrounded by colorful Caribbean fountains and lush tropical gardens. Fresh pastries and sandwiches are made daily in addition to frozen drinks and smoothies. Open for breakfast, lunch and light dinner fare.
RELAXATION
Sabai Spa & Wellness Center
Sitting across a tropical water garden, the new two-story Sabai Spa beckons guests with pampering and wellness programs and an extensive fitness center offering yoga, state-of-the-art equipment, Lit Nova surface tennis court and personal training/nutrition counseling. The Asian-inspired style design incorporates natural elements such as wood and stone, providing a fresh and soothing setting for guests to indulge in the ultimate pampering and beauty services. The eight treatment rooms feature a mix of single and couples rooms as well as separate, secluded private suites. A full menu of Elemis spa services such as massages, facials, body treatments and four manicure/pedicure stations are available to guests in addition to full his/hers facilities with steam rooms, outdoor showers and relaxation areas.
For more information, visit http://www.verandatci.com or call 877-945-5757.
About The Veranda Resort & Residences
The Veranda is developed by owned Faez Ltd., a Turks & Caicos company controlled by UK entrepreneur Andre Serruys. The property development team consists of Ronald D. Sutherland, president of The Hemisphere Group and Jeffery A. Lee, architect and senior partner of Lee & Astwood Architects. Both have extensive experience with some of the finest resort and residential properties in the Caribbean basin.
About Grace Bay Resorts
Grace Bay Resorts is a boutique developer and operator of high-end, luxury resorts and branded residences, founded from its flagship property Grace Bay Club in Turks and Caicos which opened in 1993. Led by Mark Durliat and Nikheel Advani, the developers and hoteliers behind this renowned resort, and Michael Brewster, Managing Partner of Denver-based SV Capital Partners, Grace Bay Resorts provides development, branding and management for its brand and is expanding its award-winning services into other Caribbean destinations and Latin America, with a target of 10 properties in the next few years.
About Turks & Caicos Sotheby’s International Realty
Turks & Caicos Sotheby’s International Realty is the leading luxury real estate brokerage firm in the Turks and Caicos Islands. Joe Zahm, President of Turks & Caicos Sotheby’s International Realty, and Mark Durliat CEO of Grace Bay Resorts, joined forces in 2003 prior to the launching of the highly successful residential program at Grace Bay Club. This relationship has been a fruitful one, with well over 100M in real estate sales sold at The Villas and the Estate at Grace Bay Club. Mr. Zahm and Nina Siegenthaler, VP of TSCIR, have worked hand in hand with Mr. Durliat’s operating group (led by COO Nikheel Advani) to create a dynamic sales program that has forged a market leadership position in the Turks & Caicos Islands.
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Media Contacts:
Caitlin Austin/Amanda Schinder, Susan Magrino Agency
641 Lexington Avenue, 28th Floor
New York, NY 10022
212.957.3005, Caitlin.Austin#@smapr.com / Amanda.Schinder@smapr.com
Turks & Caicos Sotheby’s International Realty is named exclusive Sales Agent for The Veranda Resort
(Providenciales, Turks & Caicos – BWI – September 18, 2009)
Turks & Caicos Sotheby’s International Realty is pleased to announce it has been named exclusive Sales Agent for The Veranda Resort and Residences, a residential resort condominium development fronting Grace Bay. Veranda is being developed by FAEZ Ltd., a Turks & Caicos Islands company, and is being managed by Grace Bay Resorts, who own and operate the award winning five – star Grace Bay Resort.
As the Caribbean’s only beachfront residential resort community of its kind, The Veranda Resort & Residences features architectural styles inspired from legendary coastal destinations such as Nantucket and Key West. The development blends the distinctive low rise architectural style with tropical colors, lush landscaping and inviting walkways. The accommodations, restaurants, swimming pools, and peaceful spots, are all steps from world-famous Grace Bay Beach. The Veranda has all the amenities you would expect of a new luxury Caribbean resort, fronting the world’s most fabulous 12-mile-long, sugar-white sand beach. The community has 123 residential villas and 8 beach front residences, each with private plunge pools, ranging in price from around US $400,000 to under $3.9 Million. The Veranda has a signature beach restaurant and bar with a unique roof top terrace, a separate beach grill, three swimming pools, spa & fitness center, gift shop, wedding and special events planning and catering services, room service, conference facilities, a children’s program and many more special services.
Sales efforts will commence in October, with the on – site Sales Centre opening in December, to coincide with the opening of the resort. States Joe Zahm, President of Turks & Caicos Sotheby’s International Realty: “We are thrilled to be representing this truly unique project, as the only low density – scale development on Grace Bay, creating a warm and inviting community environment. It also represents the best price / value product to come along since the beginning of the decade, with a variety of terrific product types – from Studios in Veranda House to four bedroom single family residences along the beach. Adds Veranda’s Managing Director Ron Sutherland, “We feel that Turks & Caicos Sotheby’s International Realty is a great fit for The Veranda Resort & Residences since Joe Zahm and his team have successfully represented not only the highly successful Grace Bay Club projects, but other high profile developments on Grace Bay over the past for several years. The international reach of the Sotheby’s brand and the firm’s and local market presence will be a significant additional source of coverage in our sales program”.
For Further Sales Information: Contact Turks & Caicos Sotheby’s International Realty at 946-4474 or visit www.verandatci.com .
Turks & Caicos Real Estate | Caribbean 