Grand Cayman's Secret Harbour to Break Ground in June
Michael Ryan of Orion Developers, owner and developer of the Ritz-Carlton, Grand Cayman resort and Dragon Bay - Grand Cayman's only sea-to-sea luxury resort community - has announced the groundbreaking of Secret Harbour will take place this June.
At the heart of the new Dragon Bay community, Secret Harbour - an exclusive collection of 125 residences inspired by the world's most beautiful maritime villages - reflects an integration of seamless outdoor and indoor living. With the same thorough dedication and attention to detail that comprised the vision of Secret Harbour, the project's creation underwent six complete planning efforts before the development was ultimately finalized.
"Secret Harbour was in many ways inspired by extensive study of the great harbor towns across the globe and the core elements of that inspiration are prevalent in this first phase," developer Mike Ryan said. "With 50 percent of the property's Phase 1 now sold out, and a starting price point under $1 million, Secret Harbour represents exceptional value among luxury Caribbean second home opportunities and the response from our buyers certainly supports that view."
To continue the theme of Caribbean culture and waterfront living, Ryan partnered with award-winning design team Carl D'Aquino and Francine Monaco to orchestrate the Secret Harbour interiors. D'Aquino Monaco, boasting a repertoire of illustrious design exploits, has defined Secret Harbour in two distinctive collections of modern design or traditional décor. Owners select their preferred collection and then choose pieces from that line, each providing the opportunity for unique combinations and customized homes - decorated and fully furnished to the singular standards of The Ritz-Carlton.
The theme of 'secrets' is felt throughout Secret Harbour. From the initial arrival by boat to the hidden harbor that suddenly reveals itself; to the deceptively clean and stately exteriors which open to present the color and life within. At the heart of this exclusive community is a relaxing yet vibrant sanctuary complete with shopping, recreational and fitness activities, upscale spa indulgences and exceptional dining all on site - from the recently announced D'Aquino Monaco designed La Prairie Spa Suites to the infinity edge pool, rooftop terrace, and gourmet café inspired by the acclaimed chef Eric Ripert.
Residential options at Secret Harbour feature one-bedroom to three-bedroom residences, Harbour Lofts and an exclusive Club Penthouse for sale, ranging from studio lofts at 700 square feet to the Secret Harbour Penthouses at over 5,000 square feet of indoor and outdoor space - all surrounded by scenic waterways with expansive views of the North Sound. Owners are also granted unlimited access to the amenities and services of The Ritz-Carlton, Grand Cayman resort, offering opportunities to experience the Greg Norman-designed Blue Tip golf course, a tennis center with programs designed by Nick Bollettieri, and the Ambassadors of the Environment by Jean-Michel Cousteau eco-adventure family program - all conveniently located at their doorstep.
Located 410 nautical miles south of Miami, Grand Cayman is top destination for discerning travelers and families. World-renowned for its safe, serene lifestyle as well as its idyllic beaches, diving spots, cuisine and culture, and recognized as a sophisticated, diverse financial center, Grand Cayman offers exceptional recreational opportunities along with world-class hospitality and service.
There is no legal restriction on ownership of real estate by foreigners. All land is recorded in a registered system maintained by the government and can be held by individuals, or in the name of a company. Grand Cayman has no sales tax, no income tax, no capital gains tax, no property tax and no inheritance tax, and local banks will generally lend between approximately 50 to 75 percent of the property value to non-Caymanians.
Secret Harbour combines the benefits of home ownership with the legendary personalized services and amenities of The Ritz-Carlton Hotel Company, L.L.C. and the experience and success of Dragon Bay developer Michael Ryan. Ryan is also owner and developer of The Residences at The Ritz-Carlton, Grand Cayman and The DeckHouses - 19 three-story private island homes also situated within the luxury resort community