#Providenciales, August 17, 2019 – Turks and Caicos – Dellis Cay is back in the
news. This time it is not some erroneous
report that Sandals Resort International has purchased and plans to develop the
island, this time, the once ‘scandalous’ development, purportedly to the tune
of some $50 million dollars, seems a sweet deal listed for sale exclusively,
with Hamilton Real Estate in
association with Savills International.
A media release, this week, described the scope of what is now on
the market.
“The South and Northwest
facing properties consists of 193 acres of land which formed part of the 2008
luxury Mandarin Oriental Dellis Cay Project.
Listing price is US$42
million.
Included in the sale are
beachfront lots, partially completed beachfront Villas, and partially completed
Condominium buildings, together with areas of inland property which consists of
staff housing, warehouses and offices.
A couple of parcels of
land/Villas located on the Cay are privately owned and are not included in the
sale.”
Sam Hunt of Hamilton Real
Estate and Savills International is the listing agent and he explained that
there is curiosity about the lush land.
“We currently have a number
of interested parties, and we will be continuing to advertise and market the
property both on Island and Internationally in the coming weeks and months.
“We feel confident with the
early interest that we will be able to find a suitable purchaser for the
property.”
Concerns around the
environmental vulnerability of the Dellis Cay, which is considered among the
east cays of Providenciales, had loomed large in its development story, but the
announcement points to durability of the structures.
All buildings included in
the sale are in reasonable condition and seem to be structurally sound, having
withstood 10 years of the Caribbean’s volatile weather system.
Dellis Cay, priced at $42 million, is the highest-priced local listing for Hamilton Real Estate, according to its website.
#magneticmedianews
#delliscayforsale