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Good Work in Progress – Billing itself as the flagship marina of the BVI, Nanny Cay is now combining the practical qualities of a thriving marina community with the benefits of luxurious and stylish Caribbean living.  Its new development of waterfront homes with docks and exclusive beachfront Villas are setting standards to justify that claim.

The first eight of thirty two waterfront homes with docks are scheduled to be completed by Spring 2008.  Two sets of building contractors race against each other to compete for timely completion under the highest standards.  This is a basic principle, competition is healthy and service is king.  In style, the developers have successfully blended modern European standards with classic Caribbean architecture.  Seven of the first eight homes, which are being sold freehold, are already under contract.  The remaining three bedroom home is for sale at $650k.  Pricing on future Units is currently set at $650k for a two bedroom with a dock and $750k for a three bedroom with a dock.

The Owners of Nanny Cay are keen to create a win:win situation with Owners and are offering a very competitive rental program.  It is optional so if you buy and you simply want to call the place home, you can.  But if you would like to offset the costs of ownership, the Unit can be rented to vacationers through Nanny Cay.  Either way, you can enjoy the benefits of a complete professional property management service.

Even if you decide not to joint the rental program, having the option to certainly increases the value of the property, given that property buyers who are not from the BVI have to ask the BVI Government for  permission if they want to rent out their homes and quite often the answer is “No”.  With Nanny Cay, the answer will be “Yes”.

They should prove to be very attractive rental homes, particularly with the unique feature of having a private dock out front.  The price of the Units includes fixtures, fittings and appliances and you are given three style choices: Caribbean Cottage; Island Elegance; or Tropical Modern.  To make life as simple as possible, you can also choose from one of three top notch furniture packages (at an additional cost). Nanny Cay has contracted with Florida based Chapman Enterprises, specialists in high end Resort Residential furnishings, who bring with them the benefit of lots of Caribbean experience from projects in islands such Anguilla, St John and St Maarten. The packages are “knives and forks to bedroom suites” – you need only bring your toothbrush – and their price includes shipping and installation in your home.  You would be very hard pushed to furnish the place yourself to the same standard for less money, even if you had the time and energy!

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Owners and Guest alike will get to enjoy the convenience of all the facilities Nanny Cay has to offer: restaurants, shops, spa, first class watersports facilitie, swimming pool, tennis, and beach. It would also be a great opportunity to become involved in many of the BVI’s top sailing events which are based out of Nanny Cay such as the BVI Spring Regatta. Marketing plans already include “Stay and Sail” Packages with companies such as Horizon Yacht Charters. A week on land and a week at sea is surely the best way to visit the BVI!

East of the waterfront homes, the infrastructure is being prepared for the development of five, very exclusive four bedroom beachfront Villas.  The location provides some of the best ocean, island and sailboat views in the BVI, stretching from Fallen Jarusalem to St. John and everything in between. Each of the Villas has been positioned to benefit from the cooling tradewinds blowing in from the Sir. Francis Drake Channel.  Local visionary Architects’ Roger Downing and Partners, with Richard Finnegan overseeing and Thor Downing (also a renowned BVI Artist) providing his unique inspiration, have designed these truly exceptional, 7,000 sqft,  island homes. Everything from the hinges on the doors to the finishes on the oceanfront pools will be of the finest quality and designed to withstand the tests provided by a hot, marine environment.

Leading us neatly on to the environment-   The Owners of Nanny Cay have worked diligently with various Government departments, including Town and Country Planning and Conservation and Fisheries, to ensure that these developments enhance and improve, rather than destroy, the wonderful local habitat, for today’s indigineous wildlife and for future generations.    Buyers of the waterfront homes and luxury Villas, as well as their Guests, will take great comfort in these steps which can only help add value to a unique investment and Caribbean lifestyle.   You can learn more about purchasing a home at Nanny Cay by visiting Coldwell Banker’s new Sales Office at the marina or at www.nannycay.com.

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