Upcoming Luxury Real Estate Auction Awakens Caribbean Investors

MANHATTAN, N.Y. -- Developers are scrambling to complete Due Diligence in the final week before the August 4th luxury real estate auction. Analysis of Cooper Jack Marina and Bolton Bank continues as investors look to expand in the top two tourism markets, the Turks and Caicos Islands and Belize.

“We have received serious interest from US and UK groups already experienced in creating luxury mixed-use development projects,” commented Grace Lappin, Managing Director of Avalon Partners, Ltd. “In addition we have requests from funders, hotel brands, and marina developers for introductions as potential JV partners to the buyers. Potential buyers still have time to bid and we are encouraging all interested parties to submit a Letter of Intent and Proof of Funds as they complete their Due Diligence."

Commenting on the event itself Avalon's director stated, "The luxury auction process has proven to be an excellent platform for us to showcase the spectacular Cooper Jack Marina project and the uniquely important Bolton Bank site.”

Bolton Bank, Belize, a 4,000+ acre river and sea-front parcel within a few miles of Belize’s only international airport and the cruise port, has the potential to be a game-changer for the country’s major city providing an opportunity to create an eco-hotel resort complex complete with state of the art conference center, commercial and retail spaces, residential community, as well as world class golf and casino.

Cooper Jack Marina, an exclusive 50-acre marina site, port of entry, and the only safe harbor for over 500 miles will create a standard for luxury resort development on Provo’s south side with construction of the planned hotel, resort, and residential community set on 8,000 feet of shoreline.

Avalon Partners, in cooperation with Premiere Estates Auction Company, has organized the sale of Bolton Bank and Cooper Jack Marina on August 4th. This event is especially important because it offers commercial buyers and investors an unprecedented opportunity to purchase prime luxury development sites at auction.

For more information about Cooper Jack Marina, Bolton Bank, and the auction, please contact Grace Lappin, Managing Director, Avalon Partners, Ltd. by telephone at (212) 717-5477 or (649) 432-4158 or email at info@avalonpartnersltd.com.

Avalon Partners, Ltd. (www.avalonpartnersltd.com) is a boutique real estate advisory and brokerage firm with offices in Manhattan and the Caribbean.

Premiere Estates Auction Company and its corporate family of companies are nationwide leaders in high-end luxury real estate auctions.

Contact
Michelle Mercier, TurnAroundNow Communications

  • Issue by:Avalon Partners, Ltd.
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