Tag Archives: Luxury Real Estate

Seven Stars Resort, Turks and Caicos Voted Among Top 10 Hotels in the Caribbean

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FOR IMMEDIATE RELEASE

Seven Stars Resort, Turks and Caicos Voted Among Top 10 Hotels in the Caribbean by U.S. News and World Report and TripAdvisor

SevenStars Front GatewayPROVIDENCIALES, Turks & Caicos (January 31, 2013) – U.S. News and World Report announced today that Seven Stars Resort, located in Providenciales, Turks & Caicos, was named among the top 10 resorts in the Caribbean. This ranking comes on the heels of being named one of the top 10 resorts in the Caribbean by TripAdvisor in their 2013 Traveler’s Choice Awards earlier this month.

Seven Stars Resort was ranked 10th among all 273 Caribbean hotels that were analyzed by U.S. News & World Report for the 2013 rankings.  The magazine’s rankings are based on an unbiased methodology that combines the prominence of industry accolades with reputation among travel experts and guests expressed through online reviews and ratings. In addition to being ranked 10th in the Caribbean, Seven Stars Resort is also ranked second among the 31 hotels in Turks & Caicos.

Seven Stars Resort was also recently recognized among the top 10 in the Caribbean by TripAdvisor. With over 75 million user-generated reviews and opinions, TripAdvisor is the world’s largest travel site offering trusted advice from real travelers for those looking to plan the perfect trip.  The 2013 Traveler’s Choice Awards recognizes only the top 1% of all hotels and resorts on the site and also named Seven Stars Resort among the Top 10 Hotels in the Caribbean.

”Our goal at Seven Stars is to provide the best experience for our guests, so we are extremely proud to be recognized for our outstanding accommodations and amenities, attentive customer service, and dedicated staff,” said Ken Patterson, managing director at Seven Stars Resort. “These recognitions continue to serve as a firm validation that we are achieving our goals to be among the most sought-after destination resorts in the Caribbean.”

Guest reviews that represent some of the consistent feedback the resort has received and which have contributed to Seven Stars’ recent accolades are as follows:

“Everyone at the resort is incredibly friendly, warm, smiling, and the service was truly top-notch! They really do a fantastic job and you’ll be pleased. Everyone made an effort to know us by name, which was super nice. The personal service and touch wasn’t overdone – really it was perfect!”

  • “We just got back from our fourth visit to Seven Stars. It gets better with every trip there. We can’t say enough about the amazing staff, they really make you feel like you are part of the family. The suites are all beautiful, the food is outstanding at all restaurants, it just does not get any better than here.
  • “Quite possibly the best resort we have ever been to. The resort and the grounds are beautiful, but in all honesty, it is the staff that really makes this place great.”
  • “Words really can’t say enough about how incredible Seven Stars Resort and all their staff are. We highly recommend this resort for a great place to vacation, and a great place to get married at. We are already planning our next trip back!”

To experience why Seven Stars has guests coming back again and again, consider the resort’s current booking specials. Book now through March 31 for travel through July 31 and enjoy every third night free in an Ocean View suite, plus receive a $100 resort credit on stays of five nights or more to use either at the Spa or in any Seven Stars restaurant.  For reservations or more information on Seven Stars Resort, visit www.SevenStarsGraceBay.com or call 866-570-7777.

To stay up-to-date on the latest news and travel deals from Seven Stars Resort, travelers and guests are invited to become a fan of the resort’s Facebook page by visiting www.facebook.com/SevenStarsResort.

ABOUT SEVEN STARS RESORT, GRACE BAY

Framed by white sand beaches and the marine preserve of PrincessAlexandraNational Park, Seven Stars Resort embraces the natural environment and beauty of the Turks and Caicos Islands.

Named for the seven stars of the storied Pleiades constellation, Seven Stars is an all-suite resort that sits on 22 acres of manicured grounds at the center of GraceBayBeach – rated one of the best beaches in the world. The resort’s luxuriously appointed junior, one-, two-, three-, and four-bedroom suites, are among the Island’s most spacious with private balconies and dramatic views. Offering luxurious comforts, accommodations feature stylish furnishings and gourmet kitchens complete with wine refrigerators and Nespresso machines.

In addition to a best-in-the-world beach experience, Seven Stars Resort features a magnificent salt water pool that serves as its centerpiece. Seven Stars also offers unique and diverse dining experiences. At Seven restaurant, guests will enjoy a fresh and varied menu of breakfast offerings in the morning, and for dinner, an exotic, authentic and Caribbean-inspired menu with artfully prepared dishes. The poolside Sand Dollar, offers a casual, outdoor menu with sandwiches, salads and more for lunch. Beachside, The Deck, provides an alfresco experience for lunch, as well as cocktails and tapas during the evening.

The Spa at Seven Stars Resort provides the utmost tranquility to relax and indulge by offering an extensive menu of services to soothe the mind, body and spirit. Furthermore, Seven Stars Resort offers a fitness center featuring Yoga, Pilates and Body Toning; complimentary water sports including Hobie Cats, kayaks, surfboards, snorkeling equipment and pool floats; tennis courts; and a children’s play area.

Seven Stars Resort was recently named “Best All-Suite Resort” in Turks and Caicos by the World Travel Awards in addition to being named to the 2013 Conde Nast Gold List.

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CONTACT: Lani Gerlak/Morgan Brosman  sevenstars@msilver-pr.com

Turks & Caicos Sotheby’s International Realty Merges with Tropical Paradise Realty

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Turks & Caicos (Jan. 9, 2013) – Turks & Caicos Sotheby’s International Realty isJoe Zahm & Richard Sankar pleased to announce that it has merged with Tropical Paradise Realty, and will continue to operate under the banner of Turks & Caicos Sotheby’s International Realty.

“We are thrilled to welcome our longtime friend and colleague, Richard Sankar, and his group to our growing company,” said President Joe Zahm. “Both firms share the same core values, and the merger is the next logical step in our growth since we successfully merged Connolly Zahm Properties in 2009 to create one united, powerful presence in the market. The sharing of all our resources will allow each agent to better serve their customer’s unique needs. Turks & Caicos Sotheby’s International Realty clients will benefit from our uniquely intimate local market knowledge and the Sotheby’s International Realty® network’s global reach among the world’s most prestigious clientele. This merger strengthens our market and industry leadership position in the Turks & Caicos market. We also look forward to announcing some exciting community initiatives in the near future.”

In addition to bringing in a strong group, Richard Sankar has been an elite producer for 20 years and recently completed an MS in Real Estate Development. “We have enjoyed a close relationship with Joe, his partner Nina Siegenthaler and their team for many years and we are so excited to be sharing our considerable talents under one roof,” said Sankar. “This relationship has been about ten years in the making and we are thrilled to get started!”

“Turks & Caicos Sotheby’s International Realty, under the leadership of Joe Zahm, has been a very important force in our worldwide network,” said Philip White, president and chief operating officer, Sotheby’s International Realty Affiliates LLC. “Their growth and expansion is a testament to their leadership in the market.”

About Turks & Caicos Sotheby’s International Realty

Turks & Caicos Sotheby’s International Realty is the leading real estate company in the Turks & Caicos Islands and enjoys a solid number one market share position. Led by President / Broker Joe Zahm, TCSIR now has 10 of the top 20 agents in the jurisdiction and is among the premiere brokerages in the Caribbean.

REVIVAL OF DEVELOPMENT OF A RESORT ON WEST CAICOS

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The Turks & Caicos Islands Government is delighted to announce theWestCaicos completion of the Development Agreement enabling the recommencement of the Molasses Reef development, a luxury hotel and condominium resort on West Caicos, which has been stalled since 2008. The Development Agreement was completed on the 6th of December while the remaining arrangement necessary for recommencing the project will be completed this week.
West Caicos measures 9 square miles and is currently uninhabited. Development of the island began in 2001, but with the credit crisis in 2008 and the collapse of main creditor to the project, the development came to a standstill in the same year. A group of European investors advised by Kew Capital reached agreement with the previous developers, Logwood Development Company, to buy most of their interest in the project, and with the administrator of the original creditor to buy its interest in the land and other assets including the partially built hotel and associated infrastructure. The project will re-mobilise as soon as practicable and after the new development team has carried out a detailed review of the existing infrastructure and buildings. Subject to this review, the developer looks to start work in 2013 with a view to opening the hotel as soon as possible.
The Development Agreement, initially signed by Governor HE Ric Todd on behalf of TCIG , was under negotiation between TCIG, the owners of the development and the new investors for nearly 12 months, and will bring significant benefits to the Government and people of the islands. The development is a multi-phased development, which will be a source of construction activity and employment on the island for many years to come. Other benefits include enhanced Government revenues through on-going duties, license and other fees, as well as a 25% share of proceeds from the sale of leasehold interests of land located in the southern part of West Caicos. Also the agreement reached with the new investors yielded the Government $7.6 million including stamp duty, through the completion of land sales that had previously been agreed but not completed.
The original project employed 500 people at its peak and expected to create hundreds of jobs on an on-going basis once the hotel was opened; the Government expects similar levels of employment under the new development. The additional phases of the development include luxury villa and condominium developments, which will create further construction work and hospitality industry employment. The investment group expects that hundreds of millions of dollars will be invested in the island over the lifetime of the project.
The new development team has ambitious plans for making an environmentally sustainable development on West Caicos and will work closely with the various government agencies including the Planning Department and Department of the Environment and Costal Resources among others. A key part of the Development Agreement designates much of the island as a Nature Conservancy, which the project team has undertaken to maintain, preserve and protect.
His Excellency Ric Todd, the Governor of the Turks & Caicos Islands, commented: “I am glad that the Government and the various parties involved in this transaction have reached a deal that will enable this project to re-start. The project will add to the range of tourism and hospitality offerings, which already makes these islands such a leading tourism destination. This luxury resort development will deliver considerable economic and employment benefits to TCI, and has been very carefully structured so as to preserve the unique environmental and marine heritage of West Caicos. The re-start of the development is a further vote of confidence in TCI and in the current investment policy of the TCIG.”
A spokesman for the investment adviser, Kew Capital said: “We are very pleased to have advised on this investment in TCI. We have worked hard along with the Government to bring it about, and we look forward to the project recommencing with the new development team. The investment reflects our conviction that TCI has a great tourism base and has enormous further tourism potential. We know this project comes with a great deal of responsibility; West Caicos is a beautiful island and we are determined to ensure that the new development is sensitive to its environment and to this end we will work closely with the various Government agencies as well as the newly elected Government.”

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December 14, 2012

Written by The Governor’s Office in the Turks and Caicos Islands

Turks & Caicos Islands Shines in Conde Nast Traveler – Readers’ Choice Awards 2012

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Condé Nast Traveler Readers’ Choice Awards where readers participate online in awarding properties and destinations by rating them in several categories.  We are pleased that Turks & Caicos continues to shine as a tourist destination with the following list of awards:

Turks & Caicos Islands – Top 10 Islands in the Caribbean & Atlantic Region 2012

Parrot Cay Resort – World’s Best Places to Stay Gold List 2012, Top 30 Hotels in Caribbean & Atlantic 2012, Top 25 Spas in Caribbean & Atlantic 2012

Amanyara Resort – World’s Best Places to Stay Gold List 2012, Top 30 Hotels in Caribbean & Atlantic 2012

Grace Bay Club – World’s Best Places to Stay Gold List 2012, Top 30 Hotels in Caribbean & Atlantic 2012

Seven Stars Resort – Top 15 Hotels & Resorts in Caribbean 2012, Top 12 Resorts in Atlantic Ocean 2012

The Regent Palms – Top 12 Resorts in Atlantic Ocean 2012, Top 25 Spas in Caribbean & Atlantic 2012

Gansevoort Turks & Caicos – Top 30 Hotels in Caribbean & Atlantic 2012

The Sands on Grace Bay – Top 30 Hotels in Caribbean & Atlantic 2012

Congratulations to all the hotels and resorts for your continued efforts in serving and pampering your guests who clearly enjoy travelling to our beautiful islands and resorts.

Click on this link for further information on the Condé Nast Traveler Readers’ Choice Awards.

Turks & Caicos Real Estate Market Report – 3rd Quarter 2012

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We are pleased to inform you that the overall real estate market is up nearly 70% over the same year to date period in 2011.  The $12.5M sale of the 11 acre parcel next to Seven Stars has led the way along with a number of significant sales made by Turks & Caicos Sotheby’s International Realty.  Click on link to read more.

Link to Market Report

Joe Zahm, President, Turks & Caicos Sotheby’s International Realty

joe@tcsothebysrealty.com  p 649.946.4474  c 649.231.6188

Turks & Caicos Sotheby’s International Launches State of the Art Website

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FOR IMMEDIATE RELEASE

Providenciales, Turks & Caicos BWI (September 27, 2012) – Turks & Caicos Sotheby’s International Realty, the area’s leading luxury real estate firm, launched its new web site www.turksandcaicossir.com, which is integrated with the acclaimed Sotheby’s International Realty site (www.SIR.com). This means that most enhancements made and new features added to www.SIR.com will also be available on www.turksandcaicossir.com. This “cascading platform” technology allows Turks & Caicos Sotheby’s International Realty clients and website visitors premiere access to cutting-edge real estate tools on a global scale. Adding to the buzz is the recently launched iPad application that gives iPad users a tablet-optimized experience when searching and viewing properties.

States Broker Joe Zahm, “When I first saw the presentation for the new cascading web platform, I was enormously impressed and felt that it was way ahead of the rest of the industry, so I liaised with Denise Douglas, our Marketing Manager, to plan the new site. Denise, with the recent success of our signature magazine, The Finest Collection, managed and coordinated the content (in concert with the developer, Gabriel Solutions), to complete the site to a very high standard. Its aesthetic, functionality and imbedded SEO are outstanding, and we are thrilled with the end result”.

Adds Wendy Purvey, chief marketing officer, Sotheby’s International Realty Affiliates LLC: “The Sotheby’s International Realty brand has redefined the way consumers search for real estate.  Our home page notably displays a rotation of some of our network’s most striking homes.  When users mouse over the image, interactive boxes with additional information about the property appear. In the case of Turks and Caicos Sotheby’s International Realty, we have already showcased three of their listings on our global www.sir.com home page, which is a testament to the quality of their listings and photography, and how they look to give their upscale listings every possible advantage. Incidentally, all three of these listings sold this past year!”  Purvey continues: “Each listing features a video “slide show” that allows viewers to listen to a narration in their preferred language.  Also, the property list price is displayed in dozens of currencies, all updated daily with the latest exchange rates”.

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About Turks & Caicos Sotheby’ International Realty

Turks & Caicos Sotheby’s International Realty is the leading luxury real estate firm in Turks and Caicos and enjoys a commensurate market share position. A major force in the concept, design, launch and completion of many prestigious resorts and villas, our international team of local experts, combined with the iconic Sotheby’s International Realty brand and its vast marketing and referral network, including the venerable Sotheby’s auction house, provides a unique and powerful advantage to buyers, sellers, developers and investors. TCSIR benefits locally from an educated diverse team of agents and well located sales centers, highlighted by the Signature Venture House office on Grace Bay Road, along with an office at the acclaimed Grace Bay Club, and distribution at Seven Stars Resort.

CONTACT:  Denise Douglas – 649.946.4474 – denise@tcsothebysrealty.com

Turks & Caicos Sotheby’s International Realty – Top Producing Agents – Sept. 2011 to 2012

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According to the Turks & Caicos Real Estate Association “Top Producer Agent Report”, Turks & Caicos Sotheby’s International Realty boasts 6 of the top 10 producing sales agents in the Turks & Caicos Islands.

States President Joe Zahm:   “We are fortunate to have a terrific, international team of sales agents who truly are local experts with worldwide reach, through our Sotheby’s International Realty network.  We continue to be the market leader with a 40% market share in sold listings, and 60% in the luxury market (over $1.5M), with more than a few Significant Sales. This Top Producer report demonstrates the level of commitment by our sales agents to deliver quality service and results to our clients.”

Going Above and Beyond

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Going Above & Beyond
Our President, Joe Zahm, scoping out real estate via helicopter for prospective clients.

TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE

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PROVIDENCIALES, Turks & Caicos (Sept. 13, 2012) – Turks & Caicos Sotheby’s International Realty, a luxury real estate firm based in Providenciales, Turks & Caicos, recently participated in the 2012 Sotheby’s International Realty® Leadership Forum, which brought together more than 220 network members worldwide.

This dynamic, three-day event, which was held Sept. 10 to 12 at The InterContinental Chicago Magnificent Mile in Chicago, provided a unique opportunity for Sotheby’s International Realty brokers, owners and managers to network and share best practices. 

“The annual Leadership Forum provides fantastic value to our firm,” said Joe Zahm, President/Broker, Turks & Caicos Sotheby’s International Realty. “It offered the opportunity to network with some of Sotheby’s International Realty’s most talented real estate professionals, gain insight on how to continue to grow our company and learn more about the industry and the Sotheby’s International Realty brand’s vision for the future.  Further, it provides us with global perspective, power and resources, and we continue to increase our referral business as our international network learns more about Turks & Caicos.”

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, turksandcaicossir.com.

“The Leadership Forum brings 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 provided attendees with an overview of the exciting results of the brand’s exclusive global marketing relationships, highlighted the power of the network as evidenced by its strong referral system and offered presentations from owners and operators worldwide on how to create stronger company cultures with the ultimate goal of building organizations with the highest level of quality service available.  The event also provided insights from some of our most successful owners into recruiting strategies, growing through mergers and acquisitions and leveraging the unique relationship with the Sotheby’s Auction House.”

Turks & Caicos Sotheby’s International Realty is located at Venture House in Grace Bay, Providenciales.  For additional information, please contact 649.946.4474. The Sotheby’s International Realty network currently has more than 12,000 sales associates located in approximately 625 offices in 44 countries and territories worldwide. 

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CONTACT:

Denise Douglas

t 649.946.4474

e denise@tcsothebysrealty.com

Turks & Caicos Real Estate Market Report – 2nd Quarter 2012

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“The second quarter of 2012 continues to build off the momentum of 2011 and the first quarter of 2012, with all trends continuing upward.  In addition to this encouraging market news, institutional and private equity is finding its way back to TCI, and we anticipate good news later in the year with regard to a few projects that were put on hold post 2008”. States Joe Zahm, President / Broker, Turks & Caicos Sotheby’s International Realty.  Click on link to read more.

Link to Market Report

Joe Zahm, President, Turks & Caicos Sotheby’s International Realty

joe@tcsothebysrealty.com  p 649.946.4474  c 649.231.6188