Jun 24

Isle de France – St. Barth, FWI

Isle de France – St. Barth, FWI

Set on the beach that is widely regarded as the finest on St. Barth, the Isle de France offers 40 beach front luxury suites, spa, ocean front restaurant, fitness center and tennis courts. The Isle de France has consistently been recognized as one of the top resort in the Caribbean.

Because of the nature of ownership laws on St. Barth, the Isle de France Private Residence Club could only offer a leasehold to purchasers instead of a deed. The Private Residence Club also needed to produce revenues which significantly outperform the very pricey St. Barth real estate prices.

13 two and three bedroom cottages were offered as part of its Private Residence Club. Prices for a 1/10th share in a cottage ranged from $250,000 and $650,000 with sell out being achieved in 24 months. At that time, the Isle de France Private Residence Club achieved the highest per square foot sales revenues ($4,000 per square foot) and the highest price for a fractional ownership in history even though a 75 year lease was being offered instead of a deed.