The Residences at Secret Bay Sets Highest-Price Sale Record in Caribbean Island of Dominica
The Residences at Secret Bay just sold the most expensive vacation home estate in the country to date for US $7.1 million. The record-breaking off-plan Clifftop Villa Estate compound was sold to a non-CBI investor — demonstrating an interest in and value of the offering that transcends the traditional CBI markets — all on the heels of a continued strong demand for CBI sales at Secret Bay, with Phase I entirely sold out and Phase II actively selling. Situated on a waterfront promontory 200 feet above the Caribbean Sea, the Clifftop Villa Estate compound comprises four villas in total — including two primary architectural estate villas and two companion villas, totaling 9,786 square-feet of indoor-outdoor living across more than an acre of land. Perfectly perched atop an ultra-private clifftop, the exclusive off-plan residence boasts five spacious bedrooms, four gourmet kitchens and three plunge pools.
“This is a significant milestone, not just for The Residences at Secret Bay, but also the country,” said Gregor Nassief, proprietor of Secret Bay and The Residences at Secret Bay, and Chairman and CEO of GEMS Holdings Limited. “This was a collaborative endeavor between the buyer and Secret Bay to fully achieve their dream to have a composition of luxury villas with three pools perched high upon more than an acre of waterfront promontory above the Caribbean Sea. Further, beyond hassle-free ownership and access to the award-winning resort amenities, the new owner will benefit from their villas being part of Secret Bay’s rental program.”
Owners at The Residences at Secret Bay enjoy privileged access to the resort’s incomparable six-star services and amenities—plus, unlocked access to perhaps the most coveted amenity of the moment: the opportunity to acquire a second passport in the world’s best country for second citizenship. With proven financial performance, a competitive exit strategy and a robust market for resale, The Residences at Secret Bay draws discerning investors from around the world who are seeking a low-risk, high ROI opportunity. CBI pricing at Secret Bay starts at US $208K.
To learn more information about The Residences at Secret Bay — available as whole or shared ownership and as a qualifying investment for Dominica’s Citizenship by Investment (CBI) program — visit secretbay.dm/cbi or contact by email [email protected] or call +1 767.445.4444.