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World’s wealthiest expected to bid on Paradise Island Showpiece, $28+ Million Waterfront Home Opens for Bidding on Sotheby’s Concierge Auctions Website March 10

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#TheBahamas, February 27, 2023 – Elisium, a 20,000-square-foot, 9-bedroom, 11-bath show-stopping, jaw-dropping residence in Ocean Club Estates on Paradise Island in The Bahamas, is expected to draw a fiercely competitive field of bidders when the bidding officially opens, without reserve, on March 10 via Sotheby’s Concierge Auctions.

A spokesman for Sotheby’s Concierge Auctions, the world’s largest luxury real estate auction marketplace, said they have already seen interest in the never-before-lived-in estate.

“It’s extremely encouraging to see so much early interest in a property weeks before the auction even opens for bidding,” said Danny Prell, Vice President, Business Development.

“The answer to early interest lies partly in the property itself, but additionally in its premier location,” says Prell, an opinion shared by Christopher ‘CJ’ Ansell, the local cooperating broker for the sale.

“The property known as Elisium is a one-of-a-kind offering,” said Ansell, whose performance earned him Circle of Excellence status at Nassau-based Damianos Sotheby’s International Realty in 2022.

“The estate, not only beautiful in and of itself with exquisite attention to detail around every turn, is also the only residence in the famed Ocean Club Estates that enjoys both a harbour and ocean view and the only property with both marina basin dock and private beach. There is absolutely no other property like it.”

The attention to detail Ansell notes begins from the moment of entry, where individuals step onto perfectly polished and seemingly seamless porcelain floors that appear as is if they are floating. The 28-foot-high arched windows frame crystal blue waters, and sky lighting up the entry living area soaks the space in natural light.

“That light alone and the clean, inviting whites in the furniture paired with dark wood trim adds a touch of contrast,” says Ansell. “It sets the tone for the rest of the experience with the space telling a story that says immediately, ‘You are in The Bahamas, welcome home to a world of light and beauty.”

If Ansell waxes eloquent on the property, it’s hard not to.

“A labor of love, the current owners spent four years constructing what was meant to be their forever home. With a keen eye for fine details and personal touches, the owners’ taste for luxury design is sure to benefit the next buyer.”

Those personal touches are evident from the moment you enter the gated estate. Leading to the front door is a boardwalk over a saltwater pond, stocked with starfish, jellyfish, and other species. Massive double doors open to an entryway with two 11-foot-high aquariums, and from there, the uninterrupted vistas fill your senses.

“The kitchen is so untouched that no one has ever even had a cup of coffee in it,” says Ansell, while opening the doors of two dishwashers, a wall-length concealed Subzero fridge and freezer, a chef’s stove, and microwaves, revealing operations manuals still in their cellophane wrappers.

Twin staircases lead to the second floor joining at a landing with another magazine-worthy view. An intimate dining area for up to eight persons is situated just off the elevator leading to the second floor. Two thickly carpeted, self-sufficient suites are accessible by stairs or elevator.

The third floor is devoted to a full-on breathtaking primary suite as well as a smaller space, poised as a nursery or private office. That attention to detail shines yet again in even in the bathrooms with flowing grains of marble matching to perfection through bends, corners, and rounds, reflecting the master craftsmanship.

“You see that excellence again and again,” says Ansell, “throughout the supersized closets with finely detailed, extensive built-ins. You see it in the bathrooms with his and her dressing spaces, extravagant free-standing tubs, radiant heated towel bars, and the stamped Elisium name.”

Outdoors, the property showcases two swimming pools, one specifically designed with a faux coral climbing area, a private beach, and a separate play area for kids and their parties.

According to Prell, while the estate and its features are in a class of their own, Elisium’s location puts it on the global map.

“From the moment the first lots were sold in the late 1990s to today—almost 25 years later—Ocean Club Estates has not only retained its place in the somewhat rarefied air of the most desirable places on earth to live, the properties have consistently appreciated in value,” said Prell. “Access to Four Seasons Ocean Club, Atlantis resorts, automatic approval for the Ocean Club membership privileges for those who wish to join, and the amenities in the Estates community itself—golf, tennis, restaurants—make it the luxury location of choice.”

The bidding officially opens on March 10 on casotheby’s.com, and, while listed at $28.8 million, the estate is being offered without reserve.

For even more Caribbean luxury, view Sotheby’s Concierge Auctions’ additional offerings, including a 3-bedroom tower villa with 360-degree mountain & Caribbean ocean views in St. Vincent & The Grenadines, a private 186-acre Bahamian island chain with development potential, or an exclusive villa boasting with extensive indoor and outdoor living spaces, set in Sundance Ridge on St. Kitts.

 

Photo Captions: 

Header:  Interest is already being shown well ahead of the opening date of March 10 for online bidding via Sotheby’s Concierge Auctions on the Elisium estate, a 20,000 square foot showpiece of stunning design and master craftsmanship in world-renowned Ocean Club Estates, Paradise Island, Bahamas.

1st insert: The 28-foot high windows fill the entry living area with light, providing a sense of place and an invitation to breathe deeply and unwind. Light fills nearly every space at Elisium, the 20,000 square foot,  9-bedroom, 11-bath estate in Ocean Club Estates, Paradise Island, Bahamas, that goes on auction via Sotheby’s Concierge Auctions March 10.

2nd insert: Elisium baths reflect stunning design tails and master craftsmanship that explain its $28.8 million valuation. Note the perfection in flowing marble around corners, bends and throughout the walls. Interest in the never-lived-in grand estate is already being shown ahead of online bidding that starts  March 10 via Sotheby’s Concierge Auctions.

3rd insert: One of two pools at Elisium, Paradise Island, the lagoon pool with rock and boulder wall overlooks the water and private beach while a second expanded lap pool runs the length of the main house.

Bahamas News

CDB Leadership Passes to Belize as Region Eyes New Financing Partnerships  

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By Deandrea Hamilton

 

The Bahamas, June 9, 2026 – The Caribbean Development Bank’s annual gathering may have concluded in The Bahamas, but attention is already turning to Belize as leadership of the institution’s Board of Governors officially changed hands.

At the close of the 56th Annual Meeting in Nassau, outgoing Chairman and CDB Governor for The Bahamas, Michael Halkitis, formally transferred the chairmanship to Belize’s Dr. Hon. Osmond Martinez, continuing the Bank’s tradition of rotating leadership among its regional shareholders.

The handover capped a week of discussions focused on financing development in an increasingly uncertain global environment and strengthening the Caribbean’s ability to withstand economic and climate-related shocks.

One of the meeting’s most closely watched conversations centered on how multilateral development banks can better support vulnerable Small Island Developing States.

During the President’s Chat, titled Financing the Future: MDB Strategies for Uncertain Times, CDB President Daniel Best joined leaders from the OPEC Fund, the Central American Bank for Economic Integration and the Fund for Responding to Loss and Damage to discuss expanding development finance and building resilience.

OPEC Fund President Dr. Abdulhamid Alkhalifa emphasized that development institutions must move beyond responding to crises and instead help countries prepare for them.

“The real test is whether we can help countries move from strategy to implementation, and from implementation to results,” Alkhalifa said.

The discussions reflected a growing regional push for innovative financing solutions as Caribbean nations continue to confront climate vulnerability, infrastructure demands and economic uncertainty.

Beyond discussions on financing and resilience, the Annual Meeting also featured youth engagement activities, including the Youth FIRE Forum, where young Caribbean leaders participated in conversations about innovation, entrepreneurship, leadership and the future of regional development. Senior government officials, development professionals and youth delegates exchanged ideas on the challenges and opportunities facing the next generation, reinforcing a recurring message throughout the conference: that investments made today must ultimately improve opportunities for Caribbean youth tomorrow.

That theme was echoed by Bahamas Prime Minister Philip Davis, who used the opening ceremony to challenge regional leaders to invest in future generations.

“We must invest in the one asset that no agency can ever downgrade, and that no storm can ever wash away: the mind of a Caribbean child,” Davis told delegates.

With Belize now assuming the chairmanship, regional leaders say the focus remains on transforming ideas discussed in Nassau into tangible results for Caribbean people.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Caribbean News

Beaches Turks and Caicos and Sandals Foundation share educational material with primary school in Providenciales

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PROVIDENCIALES, Turks & Caicos Islands: May 29, 2026 – Beaches Turks and Caicos Resort and the Sandals Foundation, recently brought smiles and inspiration to students at the Community Christian Academy through a meaningful Reading Road Trip and educational material donation initiative.

The outreach effort, which forms part of the Sandals Foundation’s ongoing commitment to education and community development across the Turks and Caicos Islands, saw team members and volunteers engaging directly with students while delivering a wide range of essential school supplies.

Among the donated items were books, footballs, volleyballs, pencils, rulers, sharpeners, Bibles, Christian literature, sun glasses, writing pads, educational cue cards, erasers, markers, crayons, glue, scissors, paper clips, coloured chalk, and pens. The contributions were carefully curated to support both academic learning and extracurricular development for students at the institution.

A highlight of the day’s activities was an interactive reading session with the kindergarten and grade one classes, where volunteers shared stories and encouraged early literacy in a fun and engaging environment. The young students responded with enthusiasm, creating a lively and memorable experience for all involved.

Travel Advisor Renee Rice, who participated in the initiative alongside her family, expressed heartfelt appreciation for the opportunity to give back. “We are happy for this experience as we partnered with the Sandals Foundation and Beaches Turks and Caicos Resort in sharing in the development of education in the Turks and Caicos Islands,” Rice said. Her family actively participated in reading sessions and interacting with the students, further enhancing the impact of the visit.

Principal Krystal Vincent welcomed the initiative and emphasized the importance of such partnerships in advancing the school’s mission. “These educational materials will go a far way, and we are happy for this relationship that we have established with the Sandals Foundation and Beaches Turks and Caicos Resort in helping to support the growth of the students and the institution,” Vincent noted.

Chairman of the School Board, Pastor Bradley Handfield, also expressed gratitude during the presentation of the items. He commended the donors for their continued investment in the community and their willingness to support the nation’s youth. Pastor Handfield highlighted the significance of corporate and philanthropic partnerships in strengthening educational foundations across the islands.

The Reading Road Trip initiative is part of a broader effort by the Sandals Foundation to promote literacy and provide access to educational resources for children throughout the Caribbean.

Beaches Turks and Caicos Resort has long been an active partner in community outreach, consistently supporting initiatives that uplift local communities and empower young people. Through collaborations such as this, the resort continues to demonstrate its commitment to social responsibility and sustainable development.

The visit to Community Christian Academy stands as a testament to the power of partnership and the positive impact that can be achieved when organizations and individuals come together with a shared purpose. For the students, the day was not only about receiving supplies but also about feeling encouraged, valued, and inspired to pursue their educational journeys with confidence.

As the Sandals Foundation and Beaches Turks and Caicos Resort continue to expand their outreach efforts, initiatives like the Reading Road Trip remain vital in shaping the future of education in the Turks and Caicos Islands—one child, one book, and one meaningful connection at a time.

Photo Caption:

The Sandals foundation is a registered charity in Jamaica with the Department of Co-operatives and Friendly Societies, a CRA registered charity in Canada, a 501(c)(3) nonprofit organization in the United States and a registered charity with the Charity Commission for England & Wales that was created in March 2009 to continue and expand upon the philanthropic work that Sandals Resorts International has undertaken.  It is the culmination of over four decades of dedication to playing a meaningful role in the lives of the communities where we operate across the Caribbean. The Sandals Foundation funds projects in three core areas: education, community and the environment. One hundred percent of the monies contributed by the general public to the Sandals Foundation go directly to programs benefiting the Caribbean community. To learn more about the Sandals Foundation, visit online at www.sandalsfoundation.org or follow us on Facebook, and Instagram.

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Caribbean News

850 Fish Pots in the Making: Further Support Helps Fishers Rebuild Their Livelihoods After Hurricane Melissa

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Whitehouse, Westmoreland, Jamaica – May 28, 2026 — Continuing its support to hurricane-affected fishing communities, the Sandals Foundation has partnered with Good360 to equip 170 fishers from Belmont in Westmoreland and Galleon and Parrottee in St. Elizabeth with critical mesh wire—materials that will be transformed into as many as 850 fish pots, further strengthening livelihoods and local food supply across Jamaica’s western coastline.

The wire, valued at J$2.97 million, supports the coastal districts where Hurricane Melissa dismantled fishing gear, disrupted income streams, and placed added strain on already vulnerable food systems. The initiative will be implemented through local fishing leaders, who will oversee the equitable distribution of materials to those most impacted by the Category 5 storm.

This latest distribution builds on a series of targeted interventions delivered by the philanthropic organization over the past six months. In November, the Sandals Foundation distributed 120 rolls of fish wire and 6,720 litres of gasoline courtesy of RUBiS Energy Jamaica to over 100 fishers in Whitehouse and Old Bay. The intervention enabled the production of up to 600 fish pots and the restart of fishing operations.  Earlier this year, a partnership with Good360 also saw the provision of more than 50 generators to fishing villages and schools to continue the recovery process.

“Rebuilding takes root when people are able to earn again,” said Heidi Clarke, Executive Director of the Sandals Foundation. “For fishers, that begins with the tools to return to sea. This continued support is about restoring independence, strengthening communities, and ensuring that the systems people rely on every day can function again.”

Recovery from a storm like Hurricane Melissa takes months, sometimes years,” said Morgan Loomis, Vice President of Disaster Response & Recovery at Good360. “For coastal communities, the storm destroyed people’s homes and livelihoods overnight. Our work with the Sandals Foundation is changing that reality. When fisherfolk have access to critical materials like fishing wire, the ripple effects reach the entire community. Fishers get back to work. Pot makers have orders to fill. Families have income. Children stay in school. That is what meaningful recovery looks like in action,” she said.

Across the Caribbean, coastal fishing communities play an outsized role in national food security and local economies. Strengthening their recovery is not just about rebuilding individual livelihoods—it is about reinforcing the systems that sustain entire populations.

Because when the sea begins to provide again, communities begin to steady.

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