The slow-moving but “extremely powerful major hurricane” Hurricane Melissa was projected to move “near or over Jamaica” by early Tuesday morning, according to the National Hurricane Center. The projected path of the storm would take it across southeastern Cuba on Tuesday night, and then across the southeastern or central Bahamas on Wednesday. The storm began […]
By Joe Pike, Special Contributor to CJI It’s no secret that Turks and Caicos has a real estate inventory problem. But, brokers in Turks and Caicos tell Caribbean Journal Invest, they don’t seem to be worried about the impact of a lack of inventory on the market. After all, less product means more demand, said […]
By Joe Pike, Special Contributor to CJI A new home has hit the market, and it’s the most expensive home currently for sale in the Caribbean: to the tune of $200 million. Real estate firm Knight Frank recently listed The Terraces, a $200 million, 13-bedroom villa in Mustique for sale. The property, known as The […]
A new $300 million private-island residential resort project has broken ground in The Bahamas. The new Montage Cay, a partnership between Sterling Global and Montage International, held its groundbreaking this past week on what was formerly known as Matt Lowe’s Cay in Abaco. The resort will include 50 all-suite accommodations, along with a 47-slip marina […]
