Also on the East Coast, Blantyre Country Resort in Lenox, Massachusetts, is expanding beyond hotel rooms with 14 home lots and 20 townhouses in the style of traditional English mews. The latter will be spread over five buildings, each with a splash pool and landscaped gardens; the project is breaking ground this fall, and prices will begin at $800,000.
Two hotels in the Caribbean have new residences: Silversands Grenada, on the island of the same name, recently debuted eight villas. Half are set along a hillside; the rest are on the scenic Grand Anse Beach. They range from 5,000 to 6,000 square feet and have a contemporary aesthetic that includes light woods and white tones; prices start at $7 million. Owners can take advantage of the resort’s amenities such as the 300-foot-long pool, cigar and rum lounge, and three restaurants.
Also, Crane Resorts, on Barbados’s east coast, just launched an eco-friendly development, Beach Houses by The Crane, which will have 63 villas when the project is completed in the next few years. Beach Houses will feature a secluded beach, restaurant, and bar; ownership starts at $595,000.
And in Europe, Finca Cortesin, a high-end resort in Andalusia, Spain, has a collection of 10 contemporary villas built on a mountainside, offering views of the Mediterranean Sea. The homes have swimming pools, large terraces, and both indoor and outdoor dining areas. Prices begin at $4.8 million.
All of these residences have the potential to see strong sales, according to Henry Harteveldt, a travel industry analyst and founder of Atmosphere Research Group. “When a trusted hotel puts its name on a residential real estate project, the project benefits from that hotel brand’s reputation for design, style, and service,” he says.