PARROT CAY BY COMO IN PARTNERSHIP WITH TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY INTRODUCE NEW BEACH HO– — USE DEVELOPMENT TO THE SOUTH FLORIDA MARKET

Joe Zahm_Mayi de la Vega_Crawford Sherman

 Metropolitan by COMO, Miami Beach hosts cocktail reception for principal members of Miami’s real estate community

Parrot Cay by COMO in partnership with Turks and Caicos Sotheby’s International Realty brought together leading members of South Florida’s real estate community on Wednesday, September 30th at Metropolitan by COMO in Miami Beach, to introduce the latest beachfront development being planned by the award-winning private island retreat for 2016.

Hosted by Turks and Caicos Sotheby’s International Realty President Joe Zahm, Vice President Nina Siegenthaler and COMO Hotels’ Managing Director for North America and The Caribbean, Crawford Sherman, the evening celebrated the launch of the island’s exclusive offering of four new 3 and 4 bedroom Beach Houses that will begin construction in January of next year.

Joe Zahm_Turks and Caicos Sotheby¹s International Realty President“We’re excited to introduce the new properties being planned for Parrot Cay to the Florida market,” said Turks and Caicos Sotheby’s International Realty President Joe Zahm. “This marks a new era of private ownership that we feel is particularly attractive to residents and generations of snowbirds to South Florida who have yet to discover this crown jewel of the Caribbean. Parrot Cay is one of the most prestigious properties in the COMO Hotels and Resorts international portfolio and provides purchasers with exceptional ownership opportunities on some of the most exquisite beaches in the world, coupled with an unrivalled level of world class service.”

Dee Agingu_Joe Zahm_Nina SiegenthalerThe four new beach houses will be available for purchase as part of the island’s collection of privately owned residences on Parrot Cay Estate. The new homes will each be 6,280 to 6,695 square feet and anticipated to be completed by early 2017. Sotheby’s International Realty is the exclusive listing agent for the turn-key properties starting at $6.5 million for the 3 bedroom layout, and $6.9 million for a 4 bedroom layout.

The new cluster of beach houses will be positioned on North Shore Beach, a short five-minute walk away from the main resort grounds. The properties will have open-plan living and dining areas along with spacious outdoor decks, the option of a private infinity pool, and 115 feet of beach frontage. In addition to outdoor garden showers and full ensuite bathrooms for each bedroom, the homes’ two master suites will provide direct access to the pool terrace and look out over the Caribbean sea.

To complement the signature Parrot Cay design elements such as hardwood doors and windows with high, whitewashed ceilings, the interiors of each house will be tailored to its owner’s preference with options including custom-made Balinese furniture.

As part of Parrot Cay Estate, owners of the beach houses will enjoy all of the COMO amenities afforded to resort guests including use of the Lotus and Terrace restaurants, access to the COMO Shambhala Retreat, and 24-hour butler service.

One of the most defining features of the expansion plan for the existing Island Villas and the new development of Beach Houses is the 2,500 feet of pristine North Shore beach, located west of the main hotel. Set on the eastern portion of this beach is Island Villa 1101, listed by Sotheby’s for $10 Million.  Island Villa 1101 exudes sophisticated simplicity in its purest form and currently participates in COMO’s highly successful rental program.

ParrotCay “Parrot Cay is positioned as an easy choice for those seeking an extraordinary lifestyle investment,” said Managing Director, Crawford Sherman.  “South Florida is a natural gateway to the Caribbean for North America and those from Europe or South America who are increasingly looking at this part of the world to expand their business and relocate their families and homes. It therefore made sense for us to introduce our new beach house development to the South Florida market at a time when this particular region is current experiencing massive economic growth.  We feel that the master plan for the North Shore of the island will fulfill both a hotel and real estate demand while complementing the existing estate lots and homes on the western beach to beautifully round-out our property. In conjunction with planned improvements to our central facility and added amenities, the new development speaks to the innovation and vitality of the Parrot Cay by COMO brand.”

Celebrating its 16th year of award-winning operation, Parrot Cay by COMO remains the enduring favorite Caribbean retreat, offering the perfect balance of service, comfort and exquisite natural beauty – all within just a 3.5 hour flight from New York City and 1.5 hours from Miami. Parrot Cay has matured to become the benchmark for personalized service, iconic island style, and a preeminent wellness retreat for the entire Caribbean region.

For more information on Parrot Cay by COMO real estate offerings, contact Nina Siegenthaler at 649.231.0707 or [email protected].