Concierge Auctions Announces Its Newest Caribbean Opportunity On The Majestic Island Of Barbuda

BARBUDA, Eastern Caribbean, March 17, 2015 /PRNewswire/ -- Beautiful soft pink sand beaches. Clear, turquoise waters. Vast development potential. Concierge Auctions' newest international real estate opportunity has arrived with the auction of the Lighthouse Bay Resort and its adjacent buildable acreage, located on the picturesque Eastern Caribbean island of Barbuda. Never before offered for sale collectively, the auction will be held without reserve in three bidding segments: the nine-room boutique resort set and its 14.09 acres; 32.42 buildable acres, available for private use or to subdivide into sellable lots; or the full package - the resort and buildable portion, totaling 46.51 acres. The May 14th auction is being held in cooperation with Terry Schad of Century 21 TriPower Realty.

"Having sold beachfront property in Puerto Rico, Mexico and most parts of the Caribbean, I'm thoroughly knowledgeable about this type of real estate and can honestly say that Barbuda is the most perfect beach in the world," Schad said. "It's a hidden, special gem, which people will understand and appreciate thanks to the exposure from the Concierge process. We have a motivated seller and are confident we will find an ideal buyer on auction day to make this a win/win for all."

Just 26 miles south of its closest neighbor, Antigua, Lighthouse Bay Resort offers the utmost privacy. It is one of only two resorts on the island, aside from the K-Club, which Actor Robert De Niro intends to revive with billionaire James Packer following their recent $250 million investment.

There is an existing 99-year renewable lease on the Lighthouse Bay Resort, and the complete infrastructure is in place to support it, which is expandable for future development. In addition to its nine guest suites, the resort's Clubhouse building features a waterfront restaurant and freshwater pool, while the Lighthouse BarSpa offers a range of spa services including full body massages and detoxing/rejuvenating scrubs.

Additionally, there is a desalinization plant on site that generates up to 5,550 gallons of water per day; a full power plant with four generators; a communications tower providing full Wi-Fi Internet and telecommunications; a helipad; three boat docks; and paved roads within the resort.

"I am still fascinated every day that I stand on this endless beach looking over these gentle and clear Caribbean waters.  It may well be the most relaxing combination of sand, sea, sun and breeze ever created by Nature. Our guests say this is the most beautiful place in the world. I happen to know it is," said Seller Patrick Kerrigan, who currently owns the property with business partners Mike Branker and Donald Dillon.

"Barbuda is a place that is near and dear to my heart," added Branker, who was introduced to the island more than 50 years ago by his grandfather. "This auction is a wonderful opportunity. There aren't many chances to own beachfront properties like this, not only in the Caribbean, but in the entire world. This is a one-of-a-kind-opportunity to own what can only be described as a piece of natural beauty."

Recently named the year's best beach by Islands magazine, Barbuda's western coast is a dream locale. Lighthouse Bay Resort and its existing buildable acreage is surrounded by the serene Caribbean Sea and the gentle, revitalizing waters of Low Bay. The area is perfect for unlimited outdoor adventures including snorkeling and swimming among the reefs, sailing, kayaking, scuba diving, fishing and horseback riding on the beach. Barbuda is also home to the Frigate Bay Sanctuary, the Barbuda Caves Tour, several museums and historical sites and the unique village of Codrington. Direct flights are offered from many major American cities including New York City, Chicago, Miami, Denver and Washington DC.

"Between the beautiful pink Caribbean sands, the crystal blue water and the overall island lifestyle, both Barbuda and this offering are in a class all their own," said Sarena Irwin, director of business development for Concierge Auctions. "This is a rare and matchless opportunity to enter the Barbudian market. The new owner has so many options, whether it be keeping the property as a resort, creating a high-end retreat or simply building a private compound for their own personal use. Someone's dream will become their reality on auction day."

Concierge Auctions will host a Lighthouse Bay Resort preview event on April 16^th at Cecila's in Antigua from 4 to 7pm. The auction will be held on May 14^th at Trump SoHo in New York City. A cocktail reception will begin at 5pm, followed by the auction at 6pm. A 2.5% commission is offered to the buyer's representing broker. See Auction Terms and Conditions for full details. For more information, call (212) 257-5018.

About Concierge Auctions

New York-based Concierge Auctions is the dominant player in the luxury real estate auctions sector, selling high-end properties worldwide through a transparent and market-based bidding process. Since its founding in 2008, Concierge's business has spanned the globe, including 27 US states and 5 countries, and the firm has produced numerous record-setting sales. Concierge recently received the "Best Overall Marketing" award from Who's Who in Luxury Real Estate, a global collection of more than 130,000 real estate professionals in more than 60 countries, and was named one of America's fastest-growing companies by Inc. Magazine.

Contact:
Kari Neering [email protected]
Gina Maruschak [email protected]
212-920-7057

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SOURCE Concierge Auctions