The One&Only Kéa Island resort is situated on a 60-hectare beachfront site on the west side of the island

Due to open in 2021, One&Only Kéa Island is a luxury resort offering private residences on the little-known Cycladic island of Kéa. The development is being overseen by global real estate investor Dolphin Capital Partners in partnership with Kerzner International and will comprise 75 beachfront villas alongside the hillside homes. Here, we speak to DCP’s Founder and CEO Miltos Kambourides about the project and why Greece is set to be the next big destination for luxury residential developments

Miltos Kambourides

1. Can you talk us through your vision for the One&Only Kéa Island development?

Our vision for One&Only Kéa Island is simple and ambitious: create the ultimate luxury resort with private residences – not just on the Aegean shoreline, but for the entire Mediterranean. That is a bold statement, however, we are committed wholeheartedly to delivering this project and our vision for turning Kéa into a world-class destination, for the community of Kéa, the visitors it attracts, and the new residents of the resort.

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2. What are some of the challenges that you’ve faced with the project?

With any project there are always challenges, you’d be naive in thinking that wasn’t the case. Having been responsible for a number of leading hotel and residences around the world – such as Amanzoe [Greece], Amanera [Dominican Republic], Pearl Island [Panama], – we are used to the usual challenges that such ambitious projects face.

For a development of this scale, challenges such as building permissions have been a lengthy process. However, we are committed to getting this right, and considerable thought and detail has gone into every element of One&Only Kéa Island.

3. Do you gain inspiration for developments through your own travel experiences?

Greece is home, and while I always draw inspiration and ideas wherever I go, as they say: home is always where the heart is. Being able to work on another iconic Greek project means so much to me personally, and to Dolphin Capital as a leading Athens-based developer, and together we are looking forward to creating another world-class destination.

The resort will include 75 villas, as well as a limited number of One&Only Private Homes available for purchase.

4. What has it been like working on Kéa Island?

Despite its proximity to Athens, Kéa is still an undiscovered island. We enjoy the support and encouragement of the locals, Athenians and citizens of the world who call Kéa their summer home.

Kéa is an island full of picturesque villages with quintessential blue, white and terracotta coloured villas surrounded by olive grove filled landscapes and pristine turquoise beaches, it’s one of the most scenic islands in the Cyclades. So overall, not a bad place to work!

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Working closely with the community is critical for any project, no matter how big or small the development is. We are extremely committed to developing in unique locations and supporting our local economy, to create incredible destination retreats. One&Only Kéa Island will present a beneficial return to all: creating new jobs, sensitively developing the region and offering investment.

An example interior of one of the luxury villas

5. Where do you predict the next desirable location to be for luxury residence developments?

It is without a doubt definitely in Greece. Greece is thriving at the moment. Where exactly, I couldn’t tell, but I am looking forward to seeing what the future holds.

6. Where’s next on your travel wish-list?

I spend nearly half of my time travelling, which is exciting and means I get to see some incredible destinations. Due to the nature of my job, and my passion for exploring the world, I’ve been lucky enough to visit 137 countries. So with regards to my wish list, it has got to be somewhere I haven’t yet been. I am constantly in search of new places to travel to, over the next few months I’ve planned to go to Tunisia, New Zealand and Madagascar, and can’t wait to keep adding to this list.

For more information visit: oneandonlyresorts.com/kea-island; dolphincp.com

The Rosewood Baha Mar’s pool

There has never been a better time to luxuriate in the Bahamas, as Jenny Southan finds out at the new exclusive luxury resort of Baha Mar in Nassau on New Providence Island

In an ever-more tumultuous world, the idea of escaping to an island holds much appeal. New Providence is one of 700 islands in the Bahamas, and a dream for castaways who want more than one or two luxuries to be marooned with. Positioned on the pale sugar sands of Cable Beach, multibillion-dollar resort Baha Mar is setting new standards for expat living with a collection of private residences that are up for sale.

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How often have you said to yourself, “I wish I could just live here”, as a holiday comes to an end? Now, as well as hotel rooms for short-term sunseeking, the SLS Baha Mar and the Rosewood Baha Mar are offering a variety of homes, available from US$726,500 to $25 million. So, if it really was the trip of a lifetime, you can invest in living it all over again, whenever you want.

Rosewood Baha Mar and its grounds

With the first release in January 2019, the residences are hot new entrants to the market, and lovers of the Bahamian laid-back lifestyle, of pristine beaches, swimming pigs and rum cake, are snapping up purchase agreements already. The Rosewood has 87 one- to three-bedroom residences priced from $995,000, plus four three- to six-bedroom beachfront villas from $6.4 million to $25 million, each with its own private swimming pool. Meanwhile, the SLS, which is operated by US lifestyle hospitality company sbe and is now 50% owned by Accorhotels, has 107 one- to three-bedroom residences costing $726,500 to $4.2 million. House hunting has never looked so good.

What’s the difference between the two brands? While many of the perks are the same, Genevieve Conroy, vice-president of residential sales and marketing for Baha Mar, says: “The SLS is more contemporary. Residences have sleek white furnishings, and a modernist, minimalist flair coming through. They’re sexy and cool. The Rosewood is more elegantly traditional in style. Clients walk in and they definitely gravitate to one or the other.”

Not only can owners generate additional income from renting out their property, but they will qualify to apply for residency in this independent realm of the British Commonwealth. What is more, buyers may be exempt from income tax, capital gains tax or inheritance tax. From being able to bank in one of the world’s largest and most trusted financial centres, to reliable medical care, to international schools, supermarkets and buying a car, it is easy for people to transplant their lives here, whether they are relocating full- or part-time.

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To have a home on Baha Mar is to live on one of the most covetable of Caribbean bases. Conroy says: “You have these two globally recognised brands in one of the best resorts in the world – that is formidable. Owners get butler and concierge services, complimentary valet, and we are one of the few resorts that doesn’t charge them a daily resort fee.” On top of this, people looking to decorate their new homes can make use of the resort’s superior arts programme. A dedicated local curator will help them choose (or even commission) Bahamian work to display. Owners also receive 15% preferential pricing in many of the resort’s restaurants, shops and spas.

Baha Mar has almost 50 restaurants and bars, with cuisines ranging from Mexican to Chinese. There are nine tennis courts (including grass), as well as a Jack Nicklaus signature golf course (with 24 free rounds of golf annually for homeowners ), VIP entrance to Baha Mar’s Bond nightclub and Platinum status at the largest casino in the Caribbean (007 fans will feel like they have a starring role in Casino Royale, which was filmed on the island). Residents are also gifted VIP access to NEXUS Club by the eponymous luxury hospitality company founded by singer-songwriter-actor Justin Timberlake, the Tavistock Group’s Joe Lewis, and golfers Tiger Woods and Ernie Els.

Being part of a branded community guarantees certain standards, as well as international neighbours from a variety of backgrounds. The offshore lifestyle, of course, is key. Baha Mar has its own private island, Long Cay, which can be hired exclusively for parties and which has its own rum tasting room. It also has VIP use of the superyachts (213-ft/65m) Eternity I and II for private charter. Quirky touches at Baha Mar include Airstream food trucks and a daiquiri shack on the beach. Although residents can use two on-site spas (one of which is a flagship ESPA), treatments can be arranged at home. Gourmet meals can be cooked by in-house chefs.

A residence at SLS Baha Mar

How can buyers choose between the SLS and the Rosewood? Luigi Romaniello, managing director at the Rosewood Baha Mar, says: “The residences at Rosewood Baha Mar offer owners the opportunity to bask in the comforts of a home while indulging in the benefits of a five-star, world-class, luxury resort. Owners also become part of the elite Rosewood Residences global network. Worldwide privileges include preferred rates, special food, beverage and spa benefits, and VIP courtesies and treatment across Rosewood Hotels and Resorts.”

Meanwhile, Richard Alexander, general manager of the SLS Baha Mar, says: “Ownership at SLS Baha Mar provides a Bahamian retreat for contemporary global citizens and the opportunity to connect with a discerning community. Blending sleek design, an impressive array of culinary offerings and elegant nightlife, SLS Baha Mar residences are a rare and unique proposition surrounded by sparkling turquoise waters. More than a home – they are ushering in a new era of glamour in the Caribbean.” Where do we sign?

Baha Mar living – the facts

Number of residences Rosewood: 91; SLS: 107
Price range Rosewood: $995,000–$25m; SLS: $726,500–$4.2m
Types of property Rosewood: one- to three-bed apartments with balconies; three- to six-bed beachfront villas with terraces, hot tubs, outdoor showers and workout areas; SLS: one- to three- bed residences with terraces and sea views
Tax advantages no income tax, corporate tax, capital gains tax, wealth tax or inheritance tax for most nationalities
Services and amenities NEXUS Club Baha Mar membership, 24 annual free rounds at the Jack Nicklaus Signature Royal Blue club, Platinum-tier status at Baha Mar Casino Club Blu, VIP access to Bond nightclub, VIP reservations at Baha Mar restaurants, concierge and complimentary valet
Nearest airports Lynden Pindling, 9.5km away; private jet terminals
Non-stop flights British Airways from London; American Airlines from Miami and Charlotte; Delta Air Lines, JetBlue and United from New York; Delta from Atlanta; JetBlue and Delta from Boston; United from Chicago; Air Canada and Westjet from Toronto; Bahamasair from Houston and Miami and Ft Lauderdale

Find out more: residences.bahamar.com

This article was originally published in the Summer 19 Issue