Southwest Airlines has officially landed in the U.S. Virgin Islands. This week, Southwest launched daily round-trip service to St. Thomas from both Orlando and from Baltimore, opening up one of the Caribbean’s most beloved beach and bar destinations to even more travelers. It’s perfect for anyone who prefers water that’s warm enough to swim in […]
By Joe Pike, Special Contributor to CJI Despite a less-than-sunny outlook for the U.S. hotel market due to higher interest rates, the outlook for Caribbean hotels is more positive. But what does it mean it means for hotel financing in the region going forward? Gary Brough, managing director of Baker Tilly Turks and Caicos Islands […]
By Joe Pike, Special Contributor to CJI After a history-making year in 2021, which reached $765 million in closed transactions, Turks and Caicos continued its strong performance in 2022, totaling $553 million in sales according to a new report from Turks and Caicos Sotheby’s International Realty. Last year was actually the second-best year ever for sales volume in the […]
By Joe Pike, Special Contributor to CJI From Jamaica’s first UNICO hotel to JW Marriott’s first residential resort in the region, the Caribbean development pipeline continues to grow. That ranges from a new project by the Hartling Group in Turks and Caicos to the first destination resort on Curacao’s Mambo Beach to a world-class golf […]
By Joe Pike, Special Contributor to CJI Since the onset of the pandemic, the Caribbean has been one of the hottest real estate markets in the world. But does the future hold for the market after nearly three years of massive activity? Several top Caribbean real estate experts recently shared critical insight on the region’s […]
By Joe Pike, Special Contributor to CJI The Bahamas has been one of the hottest real estate destinations in the last two-and-a-half years, with a pandemic-fueled boom that has not yet subsided. Much of that has been driven by the rise of remote work, and that continues to be a draw for buyers in the […]
By Joe Pike, Special Contributor to CJI The desire by homeowners created by COVID-19 to work remotely has resulted in a real estate boom in the Caribbean and perhaps no other island is benefitting as much as Antigua and Barbuda. Zoé J. Richards, digital marketing and design manager for Antigua and Barbuda Sotheby’s International Realty, attributes that to investor-friendly […]
By Joe Pike, Special Contributor to CJI Beautiful, seemingly innumerable beaches; mountain peaks and surf towns; charming villages and state-of-the-art resort communities. There’s a reason, after all, that the Dominican Republic is the most popular travel destination in the Caribbean. But it also offers quite a bit to those who take the real estate plunge. […]
By Joe Pike, Special Contributor to CJI Many experts agree that using cryptocurrency may become the way of the future in Caribbean real estate transactions. But the Bahamas is not waiting for the future. Gavin Christie, luxury broker and appraiser for Corcoran C.A Christie Bahamas, said the Bahamas Government decided that they not only wanted […]
By Joe Pike, Special Contributor to CJI Residential real estate in the Caribbean is, in a word, booming. And that’s been accompanied by a wave of new residential real estate projects, from private islands to branded residential resorts to full-fledged luxury communities. Here are the 10 hottest, buzziest residential real estate projects on the market […]
By Joe Pike Whether it’s to save money or to take the interior designing reigns of a new home, more potential home owners are looking at vacant lots in the Caribbean over existing real estate. Caribbean Journal Invest (CJI) spoke with real estate experts from Puerto Rico, the Dominican Republic, the Bahamas and Turks and […]
By Joe Pike, Special Contributor to CJI Turks and Caicos real estate just completed a “supernova” year, according to the latest report from Turks and Caicos Sotheby’s International Realty. “TCI (Turks and Caicos Islands) real estate has been trending well since the pandemic and – as with many luxury destinations – from the Caribbean to […]
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