Scrub Island, BVI - Prices

Scrub Island is a private island located at the East end of Tortola in the British Virgin Islands. First discovered nearly 500 years ago by Christopher Columbus, Scrub Island was little more than a stopping point for European explorers en route to new lands, remaining relatively untouched by man for centuries. Today, this 230 acre private sanctuary is home to Scrub Island, the island’s first-ever development and the BVI first luxury destination to open in more than 15 years.                                  

Marriott Autograph Collection adds its first resort in the Caribbean

Scrub Island Resort, Spa & Marina will join the collection in early 2012. “Marriott Autograph Collection, Marriott International’s fastest growing brand, announced today that the Scrub Island Resort, Spa & Marina, in the British Virgin Islands, will join the Collection in early 2012.”

Wall Street Journal, August 10, 2011

Marriott Rewards offers more than a diverse array of Hotel brands, from the most eagerly anticipated, buzz worthy new resorts that dazzle, to exquisite charming boutiques where time stands still. From elegant simplicity to supreme luxury; when it comes to amazing experiences, you have more choices than ever before. So you’ll not only travel the world. You can go where your imagination lives.

Experience the world in amazing new ways…and here are some of their properties:

• The Cosmopolitan of Las Vegas, Nevada
• Boscolo, Budapest
• Palacio de Santa Paula, Madrid, Spain
• Grand Bohemian Hotel, Orlando, Florida
• The Mansion on Forsyth Park, Savannah, Georgia

Marina Suites

Envisioned as the heart and soul of the development, the two-bedroom Marina Suites beautifully represent the authenticity of Scrub Island, with an architectural style described as Anglo-Caribbean. Each suite offers from 1,395 square feet – 2,086 square feet of air-conditioned space with a picturesque view of Scrub Island’s world-class marina. The suites also showcase a combined living/dining room; full, gourmet kitchen; a master suite and guest bedroom; two and a half baths; and an owner’s closet for those who wish to rent their units.

A/C=1,395 sq ft + Terrace: 255 sq ft =Total: 1,614 sq ft

All Marina Suites are Lockout Units

Marina Suites Residence Amenities

• Natural stone flooring throughout the living room, kitchen, master suite and guest bedroom

• The living areas and bedrooms offer a wood-beamed and bamboo ceiling with ceiling fans
• Pre-wired for sound, flat screen televisions, multi-line telephone system
• Custom-designed furnishings featuring exotic woods, luxurious fabrics and natural materials as well as custom teak furniture on the verandas
• Air conditioning
• The Master Suite features its own sliding-glass down entrance to a large covered veranda with expansive views of the Caribbean. The guest bedroom has its own private balcony with ocean views
• Walk-in, lockable owner’s closet located in the Master Suite
• The spacious Master Bathroom features custom mirrors and lighting, as well as granite counters with   dual sinks and elegant nickel faucets
• The Guest Bedroom offers a private full bath with granite countertops on solid wood vanities along with Kohler faucets and fixtures
• The full kitchen has granite countertops, solid wood cabinetry with brushed nickel hardware, SubZero/Wolf/Viking stainless steel appliances, a microwave, convection oven and a dishwasher
• Professional landscaping

Ocean View Villas

Set privately on the hillsides of Scrub Island, the two-bedroom Ocean View Villas offer 2, 187 square feet of living space and more than 800 square feet of outdoor terrace space. The multi-level layout of the villa is interconnected by a spacious foyer, which also serves as a main entry. The floor plan includes two master suites with a large bath and separate sitting area as well as a full kitchen; large wraparound veranda; and a private plunge-pool.

A/C=2,187 sq ft + Terrace: 805 sq ft = Total: 2,992 sq ft

Ocean View Residence Amenities

• Natural stone flooring with teak wood accents as well as a wood-beamed and bamboo ceiling with ceiling fans are throughout the living areas and bedrooms
• Pre-wired for sound, flat screen televisions, multi-line telephone system
• Custom-designed furnishings featuring exotic woods, luxurious fabrics and natural materials as well as custom teak furniture on the verandas
• Air conditioning
• The Master Suite features its own sliding-glass down entrance to a large covered veranda with expansive views of the Caribbean. The guest bedroom has its own private balcony with ocean views
•  Walk-in, lockable owner’s closet located in the Master Suite
•  The spacious Master Bathroom features custom mirrors and lighting, as well as granite counters with dual sinks and elegant nickel faucets. A freestanding soaking Kohler bathtub is also included
• The Guest Bedroom offers a private full bath with granite countertops on solid wood vanities along with Kohler faucets and fixtures
• The full kitchen has granite countertops, solid wood cabinetry with brushed nickel hardware, SubZero/Wolf/Viking stainless steel appliances, a microwave, convection oven and a dishwasher
• Professional landscaping

Long View Residences

These outstanding luxury three, four or five-bedroom Long View Residences are an adventure in luxury living at a resort like no other. Inspired by the natural beauty of the islands, each villa is designed with local artwork, custom furnishings and wooden floors, reflecting a blend of traditional and contemporary elements. The building design has been broken into several multi-level pods. The lower level features a large bedroom that opens onto a beautiful, covered terrace, separate dressing area, and bath. The main level houses a large kitchen with eat-in bar, separate dining room and large living room that opens onto a paved terrace with infinity-edge pool. The master suite, which opens onto a private outdoor terrace, includes a spacious bath and separate sitting area. If needed this floor plans can be modified.

3 Bedroom Long View Residence: A/C=3,497 sq ft + Terrace: 600 sq ft = Total: 4,097 sq ft

4 Bedroom Long View Residence: A/C3,753 sq ft + Terrace: 712 sq ft = Total: 4,465 sq ft

5 Bedroom Long View Residence: A/C=4,219 sq ft + Terrace: 674 sq ft = Total: 4,893 sq ft

Long View Residence Amenities

• Natural stone flooring with teak accents as well as a wood-beamed and bamboo ceiling are featured throughout the living areas and bedrooms
• An infinity edge pool with poolside lounges and an exterior dining table
• Pre-wired for sound, flat screen televisions, multi-line telephone system
• Custom-designed furnishings featuring exotic woods, luxurious fabrics and natural materials as well as custom teak furniture on the verandas
• The Master Suite features its own sliding-glass down entrance to a large covered veranda with expansive views of the Caribbean. The guest bedroom has its own private balcony with ocean views
• Walk-in, lockable owner’s closet located in the Master Suite
• The spacious Master Bathroom features custom mirrors and lighting, as well as granite counters with dual sinks and elegant nickel faucets. A freestanding soaking Kohler bathtub is also included as well as an enclosed rain shower and private water closet area
• The Guest Bedroom(s) offers access to a private balcony, a private full bath, and custom designed furnishings
• A Laundry Room features a washer and dryer, solid wood cabinets and a folding/ironing area
• The full kitchen has granite countertops, solid wood cabinetry with brushed nickel hardware, SubZero/Wolf/Viking stainless steel appliances, a microwave, convection oven and a dishwasher
• A powder room with natural stone flooring and custom designed wood cabinetry
• Air conditioning and Professional landscaping

ABOUT SCRUB ISLAND RESORT, SPA & MARINA

Scrub Island offers ample opportunities to discover and explore new things, whether it’s the natural beauty of the island, a new watersport or experiencing a new spa treatment or gourmet meal. From the moment you set foot on the island, you and your guests will feel part of a sanctuary set apart from the rest of the world, ripe with new experiences.

Marina

The world-class marina, which offers 53 deep-water slips, includes five slips capable of accommodating yachts up to 150 feet as well as supplies, metered electricity, laundry facilities and other services. Scrub Island Marina is the closest to the North Drop, the hot spot for world-record Blue Marlin.

Excursions

Guests can use Scrub Island as a launching point for many other trips: snorkeling off the island shores, scuba diving to buried ships, shopping on Tortola. Dive BVI offers a wide range of activities.

Ixora Spa

With spectacular treatment rooms overlooking the crystal blue Caribbean waters and a private soaking lounge where you can relax in-between island-inspired treatments, Ixora is a place that delivers masterful experience that entice the senses while rejuvenating the mind.

Fitness Center

The fitness center offers state-of-the-art equipment for you to keep up with your workout routine while visiting Scrub Island.

Fabulous Dining

Savor a delectable meal at one of Scrub Island’s exclusive restaurants – like Caravela or Tierra! Tierra! – or take your meal with you on a day trip or to one of the island’s perfect beaches.

The Gourmet Market & Café provides everything from a cup of coffee and pastries to assorted wines and other beverages.

Sandy Beaches

Beautiful, natural beaches grace this island, with soft sand, gentle waves and spectacular views. Don’t miss our cocktails at One-Shoe Beach Bar & Grill!

Pools

Enjoy the dramatic lagoon pools with a cascading waterfall and swim-up bar or relax under an umbrella on one of the pool’s comfortable chairs.

Nature Trails

Explore Scrub Island via the network of trails that criss-cross the island, stopping to gaze upon the island’s wildlife and bountiful flora.

Meeting & Events

Scrub Island Resort has the largest meeting space in the British Virgin Islands, offering the ideal combination for work and play. The resort offers numerous options for private groups and receptions.

There is over 7,000 sqft of event space available both indoors and out. Meeting spaces range from the expansive Grand Ballroom to the serene privacy of our North Beach and for smaller gatherings, the cozy surroundings of the Candle Room.

Boutique

Offering a unique assortment of designer brands including casual and evening wear for women, men and children.

LOCATION

Scrub Island, British Virgin Islands is located approximately 74 miles (119 km) east of Puerto Rico (eastern Fajardo, Puerto Rico to Scrub Island, BVI), 28 miles (45 km) NE of Charlotte Amalie, St Thomas of the U.S. Virgin Islands, and 1.66 miles (2.7 km) North of Trellis Bay / Beef Island Airport ( EIS ).

When traveling to the BVI, there are no direct flights from the USA, Canada, Europe, or South America to the British Virgin Islands' main airport, the Terrence B. Lettsome Airport (EIS).

The most direct way to arrive to the British Virgin Islands is via San Juan, Puerto Rico (SJU). All flights must connect through another Caribbean airport on islands such as Puerto Rico, St. Thomas, Antigua, St. Kitts, or St. Maarten/St. Martin. Frequent connecting service is offered by American Eagle, Air SunShine and Cape Air, with occasional service by other airlines and charter flights.

With little to no development in the British Virgin Islands, property and marina space is in high demand. Each property will be a wholly- and privately-owned asset.

Purchasing Process

Step 1:

Once your residence is selected you have the option to make a reservation for the duration of 30 days. The refundable Reservation Deposit is 50,000 USD. Within this time we can answer all your questions and plan a visit to the site for you. At this time we will also provide you with the Purchase and Sales Agreements as well as a package detailing the information that you will have to provide to apply for and obtain a Landholding Licence . (see Step 3 below).

Step 2:

Once you have visited the site, you have 7 days to return your completed Purchase and Sales Agreements along with the remainder of your 10% down balance due on your escrow deposit.

Step 3:

As a Non-British Virgin Island resident, a Non Belonger Land Holding License (NBLHL) is required from the government for permission to purchase real estate. Mainsail Development Group has taken all of the

guesswork out of this process by pre-arranging your obtaining this license within 90 - 120 days after submission of a completed application. The application, processing and legal fees will be approximately $3,600* for individuals and $6,800 ** for companies. Mainsail Development Group is working closely with O'Neal Webster, one of the most prestigious law firms in the BVI.

Step 4:

Upon receipt of your Land Holding License the land closing takes place as well as the transfer of title to your lot. Scheduled construction progress payments are required through completion of your residence. Completion time for a residence is currently estimated at 18 Months.

Step 5:

At closing (Transfer of Title) the following costs can be expected: Attorney fees: $1,500.00

Registration fees: $20.00 (includes Transfer, Charge, Discharge, Title freeze) Updated Appraisal: $1,250.00

If you are obtaining financing, your lending bank will have its own set of closing fees.

*Aside from legal fees of $1,500.00 per applicant there is also the fee for the valuation $550-$1,100 depending on if it is bare land or if there is a building on it, for the cadastral map $100.00, and for Land Registry documents $10.00 = $3,510.00

**For a company, the legal fees are valuation, cadastral map and land registry fees are the same as for an individual, application fee is $500.00, collection fee is $1,000.00 for the company, and $600.00 for each shareholder and each director, plus for BVI Companies $50.00 for Certificate of Good Standing, $30.00 for Company Searches, and $100.00 for Registered Agent’s Certificate. If there are more than 2 shareholders and directors the costs would increase.

Taxation in the British Virgin Islands

The absence of most major forms of taxation has led the BVI to be included on most recognized list of tax havens. Here is a list of what is not subject to taxation:

• NO capital gains tax
• NO profit tax
• NO inheritance tax
• NO estate duty
• NO sales tax or value added tax
• NO corporation tax
• NO gift tax

Subject to taxation

• Stamp duty: 12% (of appraised value/sales price) on any real estate transaction
• Land Tax: Half acre or less: $50; greater then half acre but not in excess of 1 acre: $150. Any additional acre or part thereof is an additional $50.00.
• House Tax: Is charged at the rate of 1 ½ percent per annum on the notional annual value of the house.

Always verify with your personal tax and legal advisor. For other miscellaneous taxes please refer to a BVI attorney.

For more information and prices on Scrub Island

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