We love the site, the concept and the design and think the project is a real winner. With few beachfront options to choose from, this offering is sure to resonate with the wave of high-quality beachfront homes.
PROVIDENCIALES, Turks and Caicos Islands (PRWEB)
23 December 2021
You know the dream: owning your own private villa on a world-class beach, and 520 Grace Bay strives to make that dream come true with its boutique collection of secure and managed luxury villas located directly on Grace Bay, the No. 1 in the world. 520 West consists of four three- to six-bedroom luxury villas starting at $ 5.27 million. For those who want even more space and frontage, 520 East consists of three larger luxury villas with a larger frontage on the beach, from five to eight bedrooms. These two-story designs from COAST Architects, each with an open plan living plan, generous spacious indoor and outdoor spaces, a private pool, and multiple oceanfront bedrooms, are perfect for living an idyllic island lifestyle. Designs emphasize outdoor living, focusing around a signature oceanfront pool and sunken fire pit, BBQ area and outdoor bar and tub optional hot tub, all on the epitome of Grace Bay. Another focal point is the courtyard and the water feature along the entrance hall and hall between the great room and the main level bedroom.
Canadian Developer Chris Kayat, Co-Founder and Vice President of Dominion Lending Centers (DLC):
“My wife Kristy and I fell in love with this pristine Grace Bay site a few years ago with the goal of building a villa for ourselves there. We saw the market trend towards managed villa enclaves and thought this would be perfect for our 520ft, over 4 acre site. We have assembled a great team led by COAST Architects, Mark Parrish from Concept Plus project management, and Richard Sankar and Joe Zahm from Turks & Caicos Sotheby’s international Realty. We value simple, unpretentious and open luxury with an emphasis on outdoor space and amenities and believe 520 Grace Bay upholds our core values.
Grant Noble, former Managing Director of Seven Stars and Parrot Cay and owner of Island House Luxury Villa Management continues:
“We are delighted to add the 520 Grace Bay luxury villa collection to our bespoke and ultra-luxurious portfolio. We have implemented a low cost management structure for owners without compromising the owner and customer experience in accordance with unassuming luxury. We are also pleased to welcome Monique Luis, longtime friend and colleague and former executive of Grace Bay Resorts, as Director of Island House Luxury Villa Management. ”
Adds Turks & Caicos Sotheby’s international real estate broker, Richard Sankar:
“Since COVID-19, we have seen a significant and well-documented demand for luxury beachfront villas. We are very pleased to be working with Chris and Kristy and their excellent team to present a highly desirable development in the market, in the context where available beachfront villas and building land are extremely rare. We love the site, the concept and the design and think the project is a real winner. With few beachfront options to choose from, this offering is sure to resonate with the wave of high-quality beachfront homes. Most of the site has been cleared and all seven 520 Grace Bay Villa sites have been staked. With the holiday season approaching, the timing and market conditions are perfect for the 520 Grace Bay.
520 offers a Home Owner’s Association (HOA) for common areas, security, on-site hospitality, and the fitness center.
Residential options include a hot tub, fire pit, outdoor bar, beach deck, gazebo, solar integration, backyard plunge pool, garage, and guesthouse on select lots.
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