Albany Media Features Vol. III

M E D I A F E AT U R E S

A N E W L U X U R Y R E S O R T C O M M U N I T Y

Volume III

ALBANY


Links - Playing in the Dunes

The Daily Telegraph - Poulterrsquos Stairway to Heaven

Daily Mail - Bahama Rama

Financial Times - My Favourite Home Justin Rose

Vogue - A Family Affair for Active Millionaires

The Evening Standard - Licence to Thrill The Bahamas

Argyle Magazine - Island Paradise

Vanity Fair - Fan Fair

Country and Town House - The Moor the Merrier

Robb Report Vacation Homes - Ground Floor

Spearrsquos Wealth Management - Berth Pangs

Fortune - Five New Courses to Watch

Golf International - Safe Houses in the Sun

New York Times - Breaking Ground Albany

ALBANY

MEgA-yAcht MArInA Is unpArAllElED

ldquoNot even the names James Bond Ernie Els and Tiger Woods can compete

with the attractions of Albanyrsquos deep-water mega-yacht marina It has been

designed and built to aesthetically rival the worldrsquos great resort portsrdquo

-SpearrsquosWealthManagement

bAhAMAs A plAygrounD for kIDs AnD ADults

ldquoAlbany is not possible for everyone but for those who have the means to

live this dream it is simply one of the most fabulous places in the worldrdquo

-SouthernSeasons

thE bAhAMAs Is EAsy to gEt to

ldquoWhen it comes to The Bahamas ldquolocation location locationrdquo applies to

the entire chain If yoursquore keen on nightlife and gambling yoursquoll have it And

pretty much everywhere are pink or white sand beaches and sparkling waterrdquo

-RobbReportVacationHomes

A nEw IslAnD gEtAwAy

ldquoDaydreaming about playing golf on an Ernie Els designed golf course

amid bougainvillea blooms and fresh salt air At play in an elegant

utopia is Albany a new 565-acre community being built on New

Providence Island set to open in 2010rdquo

-VanityFair

ALBANY

A L B A N Y I N T H E N E W S

busInEss-frIEnDly tAx hAvEn

ldquoTavistock has sold 80 properties at Albany many to British buyers who are

lured by the tax perks of becoming a Bahamian resident when you own a

property worth more than $500000rdquo

-DailyTelegraph

AlbAny sEts A nEw stAnDArD of luxury

ldquoAlbany significantly raises the bar for residential and golf course

development in The Bahamasrdquo

-DailyMail

AlbAny wIll bE An ArchItEcturAl showcAsE

ldquoIt is rare to find a project with as many notable names as Albany a luxury

resort community that counts Robert AM Stern and Charles Gwathmey

among its architects Its master plan was designed by Andres Duany known

for his work on Seaside Fla New Urbanist communityrdquo

-NewYorkTimes

A truE rEsort for thE EntIrE fAMIly

ldquoExtraordinary family amenities will include a water park a supervised clubhouse for children and teens

and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and

special eventsrdquo

-BoatInternational

golf gooD Enough for thE gAMErsquos bEst

ldquoAt this resort community centered around the Albany House featured in the

remake of Casino Royale Ernie Els sculpted massive dunes to create a links-style

layout accented by native vegetationrdquo

-LINKSMagazine

2 2

ALBANY

E of thought to features like the position of the tee complexes placement of hazards and the width of the fairways In addition it is crucial to have diversity of holes especially in changing conditions At Albany some of the par 4s can play like par 5s and vice versa depending on wind direction The design offers a flexibility that I think works effectively If an architect does his job well the finished product should be a course that is a test for the best while remaining fun for other players I want people to come to Albany and really enjoy the experience no matter their handicap And I confidently predict they will

golfers are going to have to play semi-blind shots over dunes Thatrsquos going to be a new experience for a lot of you who are used to playing typical South Florida golf courses But I think you will really enjoy the challenge Yoursquoll also enjoy the sense that each hole is very much its own theater with just occasional glimpses of another green complex here or theremdashlittle teasers for whatrsquos coming up As a course architect I get asked all the time whether I have particular types of golf-ers in mind when designing a golf course My answer is always the same You canrsquot afford to be that narrow-minded Part of the art of good design is making a course playable for all types of golfers and there are ways to do that such as giving a lot

Construction is progressing well and we anticipate opening this fall I have made nearly 20 site visits and the design has evolved somewhat in that time This was a very flat rocky site so creating my beloved links-style dunes was a challenge On every visit I would ask for the dunes to go higher and higher ldquoWe havenrsquot got any more dirt Erniersquo the developers would say ldquoWell yoursquove just got to find some morersquo I would respond Irsquom happy to say they were able to give us what I wanted In my mind the most memorable holes are the ones that are most links-like where the greens are cut -- almost pushed back -- into the dunes The way we angled some holes means

quality to it very natural in keeping with the beautiful surroundings If you want a mental picture think of a mix between Royal Birkdale and the Els Club Dubai The bun-kering is a particularly strong feature partly inspired by one of my favorite types of golf the Australian Sandbelt classics such as Royal Melbourne Albany has five par 5s five par 3s and eight par 4s and the routing moves the holes through soft-form dunes which have blow-out areas and are planted throughout with native subtropical coastal vegetation There are some native grasses shrubs and pine to frame the course Internally the links-style layout looks as though it truly belongs in its landscape especially after the slow-growing salt-toler-ant plants that we have planted mature fully

EVER SINCE WE SET UP ERNIE ELS DESIGN WErsquoVE FOCUSED on quality We get a lot of offers for new golf courses but we accept only a small percentage of those deals focusing on the projects that we feel have the potential to be very special One such development is a resort in the Bahamas called Albany which had the mark of quality stamped all over it when I first heard of the plans from developer Joe Lewis For one thing it will include the best of island life mixed with luxury real estate and amenities Obviously uppermost in our minds though is the golf course which we are proud to be associated with Itrsquos a dream plot in many ways nestled among 600 oceanfront acres on New Providence Island In many respects it has a links-like

Set to open in the fall the authorrsquos latest course design promises to offer a unique fun links-like golf experience in the Bahamas

Playing in the Dunes

LINKSmagazinecom WINTER 2010

L

ERNIE ELS the global golfer


LINKSTHE BEST OF GOLF

Hole 7 at Albanyrsquos golf course

Albanyrsquos golf course

Grounds crew at work View of the serpentine lake at Albanyrsquos golf course

Ernie Els shows Justin Rose his latest creation set to open this year

ALBANY

PAGE 1 OF 2

Links- Playing in the Dunes

COVER









L








4

PAGE 2 OF 2

ALBANYALBANY


Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

NItrsquos easy to see why British golfer Ian Poulter would buy a holiday home at Albany one of the most upmarket resorts in the Bahamas From Poulterrsquos pound1 million family home on Lake Nona golf resort in Orlando to his new beachfront holiday home on New Providence one of the Baha-mian islands itrsquos the equivalent time-wise of Londoners heading to the south coast for the weekend ldquoI can pick up my kids from school and they can be in the water park at Albany within two hours Itrsquos such an easy hop by plane then a five-minute drive from the airport on New Providence that Irsquove already started planning weekend getaways for when my house is ready in Septemberrdquo says the 34-year-old golfer who has just entered the worldrsquos top 10 But besides the appeal of owning a home on a luxury beachfront resort there is the investment factor for Poulter ldquoAlbany is built by the Tavistock Group who also built Lake Nona so I know the kind of high quality they buildrdquo says Poulter who moved from a pound15 million house in Buckingham-shire to Florida two years ago with his wife Katie They have three children Aimee-Leigh seven Luke five and Lilly-Mae two ldquoI think Albany is bringing some-thing the island has never seen before The facilities such as the water park spa and marina are unbelievable and the golf course designed by Ernie Els will be a great test with its mixture of grass sand and crystal clear waterrdquo When Atlantis opened on the eastern side of the island 16 years

ago it transformed the economy (itrsquos the biggest employer in the Bahamas after the government) and tourism Perhaps Albany will do the same for the western side of New ProvidenceThe 375 properties range from pound2m to pound25m including marina-front apartments large three-storey four-bedroom beachfront villas like Poulterrsquos which start at pound25m and plots on which to build your own from pound1m At an average of pound1000 per square foot these are among the highest priced properties on the island up to four times higher than a typical beachfront house elsewhere on New Providence Thatrsquos not where the high figures end Just renting a villa at Albany will cost you pound5000 a night And for owners there are ongoing costs of up to pound55000 a year including service charges utility bills and membership of the sports and leisure facilities But those facilities do promise to be out of this world and the beach is where Daniel Craig stepped out of the water in Casino Royale The original Albany House which also featured in the film will be turned into a lounge bar and five-star restaurant While 27 major property develop-ments in the Caribbean hit the skids during the global recession Tavistock has sold 80 properties at Albany 20 of them to British buyers who in some cases are lured by the tax perks of becoming a Bahamian resident when you own a property worth more than $500000 (pound320000) ldquoIt has to be your permanent residence for you to apply for permanent residency Then you pay no income tax capital gains tax or inheritance tax and if you rent out your home you pay no property tax for 20 years which means it becomes a very interesting place to settlerdquo says Christopher Anand Albanyrsquos managing director ldquoWersquove seen an increase in interest since the UK tax law announcements and probably half of the Brits who buy here will apply for residencyrdquo

Poulterrsquos fairway to heavenA holiday home in the Bahamas is a winning move writes Zoe Dare Hall

Saturday February 20 2010 TELEGRAPH PROPERTY

Money matters Mortgage news and otherfinancial advice telegraphcoukproperty

Joining the club Ian Poulter likes the commute

MC

FIL

MS

REX

FEA

TURE

S

PAGE 1 OF 1

6

PAGE 1 OF 1

Page 76 Daily Mail Friday February 19 2010

Albany New Providence Island from pound19 millionTHIS pound2billion resort community indevelopment on New Providence Island hastop-notch resort amenities Two to three-bedroom apartments with a view of themarina ocean or golf course AYLESFORD 020 7349 5100 aylesfordcom

Sports stars andhigh rollers arebanking on this tax haven saysGordon Miller

SMUGGLERS pirates andloyalists to the Crown were thefirst to settle in the BahamasThese days the new wave ofincomers arrive seeking leisurepleasure and financial oppor-

tunities on the 700-odd islands andcays that make up the Bahamas

The capital Nassau on New ProvidenceIsland is the heartbeat of the islandsIndependent from Britain since 1973 thecountry has become synonymous with the lsquooff-shore bankingrsquo industry

lsquoThe business is done in Nassaursquo says JasonCallender vice president of Albany a pound2billionresort community in development onthe island lsquoPlenty of hedge funds and tradingtake place herersquo

Encouraged by a highly competi-tive tax regime mdash no income taxcapital gains tax wealth tax or VATmdash the Bahamas have become hometo wealthy individuals seeking toavoid high tax burdens overseas

Actor Sean Connery tennis playerLleyton Hewitt and his wife RebeccaCartwright are among celebritieswho own property on New Provi-dence Island around 180 miles offthe Florida coast

Stretching a compact but notclaustrophobic 21 miles long byseven miles wide New ProvidenceIsland is largely flat

However it is the miles of beachesand emerald waters that ring theisland that are the main draw

Sailing snorkelling and diving areappealing to visitors and locals in thelsquobath waterrsquo Atlantic Ocean

lsquoThe Bahamas are popular withUS Canadian and British holiday-makers looking to escape their coldwinter weatherrsquo says Callender afourth-generation Bahamian

lsquoTherersquos a direct BA flight five daysa week from London to Nassau Anairport extension should open by theend of 2011 and it is likely that VirginAtlantic will re-open a routersquo

There are half a million tourists

ON THE MARKET in the lush CaribbeanOld Fort Bay New Providence Islandpound26millionA MEDITERRANEAN-style four-bedroom houselocated canal-side at Old Fort Bay gatedcommunityFORT BAY+1 242 362 5046 oldfortbaycom

76 OVERSEAS PROPERTY

Home from home Typical Bahamian houses with (inset) recent arrivals tennis star Lleyton Hewitt and wife Rebecca

BAHAMA RAMA

Pict

ure

s A

LAM

YR

EX

Shoreline Grand Bahamafrom pound536600A PRIVATE community of 76 three andfour-bedroom beachfront properties onGrand Bahama Island SAVILLS 020 7016 3814 savillscomabroad

annually excluding cruise shipsVisitor numbers increased signifi-cantly since 2007 when the SouthAfrican-born businessman SolKerzner developed the AtlantisResort on Paradise Island linkedto New Providence Island by twomile-long road bridges that span themain harbour

The pound26 billion Atlantis Resort is avast palatial-style creation that isostentatious in the Las Vegas andDubai mould

A 26ft-high water sculpture thatincorporates several winged horsessets the tone Inside 3500 hotelrooms a casino entertainmentcentre nightclubs shops includingBulgari Tiffany Versace and severalrestaurants such as Nobu entertainthe thousands of visitors who enterits gilded doors

As the global recession easesdevelopment on New ProvidenceIsland is set to restart On theislandrsquos south-west coast near theestablished residential community ofLyford Cay (where Connery can oftenbe spotted on the golf course) is theAlbany resort community

The pound600 million marina and golfdevelopment is the brainchild of Joe

Lewis owner of Tottenham Hotspurfootball club and chairman of privateholding company the TavistockGroup Golf stars Tiger Woods andErnie Els are investors

Els has designed the par 72 cham-pionship golf course at the heart ofthe gated community soon tocomprise 375 luxury properties aspa equestrian centre tenniscourts fitness centre restaurantswater park family areas childrenrsquosclubs and adult-only areas

Albany significantly raises the barfor residential and golf coursedevelopment in the Bahamas

PETER SWAIN of GolfInternational magazinesays lsquoCaribbean coursestypically feature lushgreen vegetation and

ocean views lsquoThis new Ernie Els set-up is a

flat inland desert course Itrsquos longwith small greens and the condi-tion is immaculate

lsquoPurists will love it but thoselooking for a traditional tropicalcourse might be a tad surprisedrsquo

Golf-side plots start at aroundpound1million with an estimated pound320per sq ft for build costs

British golfers Ian Poulter andJustin Rose are among buyers ofthe four-storey lsquocottagesrsquo in phaseone Six cottages remain for salefrom pound26million each Building willbe completed by September whenthe resort is formally opened

The next phase of developmentat Albany is the marina Designedby a consortium of five New York-based architects led by RobertStern of Robert AM SternArchitects the aim is a mix of oldand new with apartments thatlook as if theyrsquove evolved over time

lsquoOur inspiration for the marina hasbeen taken from studying whatworks at St Tropez and PortGrimaud in the South of Francersquosays Christopher Anand managingpartner of Albany

lsquoBut we have also looked at whatmakes the SoHo district in New Yorkand parts of London function sowell We concluded itrsquos the waycommunities evolve in variedarchitectural styles over timersquo

There will be 12 apartment build-ings plus a courtyard plaza with

restaurants and cafes A two-bedroom home starts at pound19million

One-acre marina beachfront plotsoverlooking the ocean and marinaare available at pound67 million

Owners can choose to put theirproperty into a rental pool retaining70 per cent of the net income Villaswill rent from pound5000 a night accord-ing to Anand

Prices per sq ft at Albany areexpected to set a new benchmark forthe island from pound600 up to pound1300

LYFORD Cay the oldestresort community (firstdeveloped in the Fifties) isthe nearest comparable atpound380 to pound1300 Prices at

Ocean Estates Club on ParadiseIsland are from pound500 to pound1300 per sqft for a new property

Next door to Lyford Cay Old FortBay is a gated canalside commu-nity begun in 2002 Amenitiesinclude a private marina play-grounds tennis courts and abasketball court

A Mediterranean-style 17200 sqft four-bedroom home in a cul-de-sac with water on two sidescosts pound26million

lsquoTherersquos a healthy mix of holidayhomes and permanent residencesrsquosays Sara Callender Old Fort Baysales and marketing manager

lsquoItrsquos popular with the locals mdashentrepreneurs doctors and lawyersmdash and itrsquos international too Wehave owners from Canada the USand Britain

lsquoTherersquos scope for homeowners tomove within the community to abigger home as the family grows andlater to downsizersquo

On neighbouring Grand BahamaIsland Savills is marketing Shore-line a private community of 76 threeand four-bedroom properties

On Fortune beach and set withinbeautiful landscaped gardens theleisure facilities planned includeseven swimming pools tapas barclubhouse three tennis courts and alake Prices start at pound536600

Entry-level condominiums on NewProvidence Island include those atSandypoint resort from aroundpound260000 to pound3200000 villas frompound380000 to pound480000

lsquoBuyers need to spend at leastpound320000 to be eligible to apply forresidency which will give them theavailable tax breaksrsquo says Callender


ALBANYALBANY


PAGE 1 OF 2

lsquoYou can leave your doors unlockedrsquoMyFavouriteHomeJustinRose

With so many homes to choose from what is the big attraction of the BahamasIrsquove always loved to go there for a party and to hang out with friends on Paradise Island around the Atlantis hotel complex I had a lot of friends there so buying a house seemed the next logical step The fact that therersquos also a fantastic golf course on my doorstep helps

But now you have a little oneYes the wild days are over but Irsquom starting to appreciate the other attractions of the island Therersquos a water park at the Atlantis which is great for children and just being on the beach with Leo gives us non-stop entertainment

And you like your boatsThe Bahamas is made up of about 700 islands and Irsquove hardly been to any of them I love being out on the water and Irsquove just bought a share in a boat so Irsquom starting to venture out and do some exploring There so many options which is why locals call it the boating capital of the Caribbean Irsquom especially looking forward to discovering the Berry Islands and the Exumas

But there is one special island yoursquore rather fond of which brings back good memories Yes Rose Island which is 40 minutes from Albany Itrsquos really unspoilt and has a lovely beach At the weekends a group

of us go out there drop anchor swim ashore and have a picnic or a barbecue Itrsquos so beautiful and itrsquos a special place for us because itrsquos where I proposed to Kate

What is your house likeItrsquos right on the beach - a classic Caribbean white sand one - 15 steps from the ocean and the downstairs is all an open plan so I can make a coffee in the morning and look out at the sea Itrsquos all geared around the view there are huge windows sliding doors and a large deck with outdoor grill It has three storeys four bedrooms and wersquove created a great deck on the beach where we tend to spend most of our time Therersquos some brilliant

Secure lsquoMy dad always encouraged me to invest in property and Irsquove followed his advicersquo

FINANCIAL TIMES

Born in Johannesburg South Af-rica golfer Justin Rose 29 grew up in Fleet Hampshire in the UK He will be among the players lining up against Tiger Woods as he makes his highly anticipated reappearance in the US Masters on April 8 Rose is married to Kate a former British gymnast and they have a two-year old son Leo They have a house in Lake Nona Orlando Florida a flat in Putney London a house in Fancourt George on the Gar-den Route in South Africa and a beachfront cottage in Albany a new gated community on New Providence Island in the Bahamas

8

PAGE 2 OF 2

lsquoYou can leave your doors unlockedrsquoFINANCIAL TIMES MARCH 27MARCH 28 2010

MY FAVOURITE THINGS

I won the European Tour Order of Merit for the first time in 2007 I was the first Englishman for seven years to do so and it was a proud moment

Our baby grand piano Itrsquos been passed down through my family and hopefully Leo can learn to play on it and have it at his own place when hersquos older

My 2008 Ryder Cup golf bag I made my debut for the European team at Valhalla in Kentucky and won three of my four games although we lost to the Americans

A Maurice Lacroix Masterpiece watch I treated myself to this and I love it Itrsquoll just stay on my wrist until itrsquos time to create another family heirloom and pass it on to Leo

Our Samsung Blu-ray player When Irsquom home Kate and I love settling down to watch a movie after Leo has gone down and this system is fantastic

Awards and heirlooms

outdoor furniture and we have a big dining table out there so itrsquos like our second lounge - but without a roof

And the deacutecorItrsquos all very practical Because wersquore on the beach I didnrsquot want anything tooprecious All the furniture is wipe clean so you can come in off the beach with wet trunks and sit on the sofa and not bother Itrsquos modern and uncluttered with most of the walls white although there is the occasional splash of bright orange to liven things up The glass staircase is a nice feature

Itrsquos a part of a gated community as are your homes in Orlando and South Africa Is that an important consideration for youYes as I travel 30 weeks of the year it gives me peace of mind to leave Kate and Leo somewhere safe You can leave your doors unlocked and the children can play out on the street and therersquos a great sense of neighborhood It reminds me of growing up in Fleet and spending all my time out playing football with my mates going off on our bikes - a bygone age And then there are all the amenities to hand Albany has a golf course gym equestrian centre a water park loads of pools a family restaurant as well as the more grown -up things like the marina the bars and restaurants In fact the main restaurant is in the old house- Albany House - that the development is named after It also featured in the Bond film Casino Royale and was the home of the French cartoonist Jean Chalopin who created Inspector Gadget

What are your other properties likeThe South African house which is about 400 km from Cape Town is a white three-bedroom cottage with a thatched roof that I bought seven years ago Lake Nona is a four-bedroom house that has a sort of English feel It has a slate grey roof and lots of wood detail and stonework I

bought that five years ago In Putney we have a three-bedroom apartment overlooking the Thames which is very contemporary Itrsquos on the ninth floor and we love going there You can see Wembley stadium Big Ben the London Eye and Stamford Bridge Chelsea FCrsquos ground - so Irsquove jumped on the bandwagon and become a Chelsea fan

What was the first place you boughtAfter Irsquod done well in a few tournaments

HOUSE amp HOME 3

At home

I bought a big new five-bedroom house in Fleet when I was 19 It was for my parents really We had been living in a two-up two-down house in the town I needed a bit more space but still liked the idea of coming home between matches It worked well I had the attic and a gym over the garage My dad always encour-aged me to invest in property and Irsquove followed his advice

ALBANY8

ALBANY

Vogue - A Family Affair for Active MillionairesThis article was also picked and up and appeared in the property sections of the following periodicals House amp Garden GQ and Tatler

PAGE 1 OF 1

240 ft)23000 sq ft

COVERS

68

10

PAGE 1 OF 1

Evening Standard - Licence to Thrill The Bahamas

EVENING STANDARD WEDNESDAY 24 FEBRUARY 2010 7

Therersquos no capital gains tax income tax or worries for property buyers in the lsquoBond paradisersquo discovers Cathy Hawker

LICENCE TO THRILL THE BAHAMAS

lsquoAMENITIES ARE WORLD-CLASSrsquo

For more property overseas visithomesand propertycouk

FOR many mention of the C a r i b b e a n s u m m o n s images of rum bars and palm-fringed beaches mdashand while the Bahamas has plenty of both its 700 islands are also full of surprises Both geographically and

culturally the Bahamas are closer to Florida than to the Caribbean nowhere more so than New Providence home to the capital Nassau and two thirds of the Bahamian population

Live there and you can access Robinson Crusoe islands by boat but on your doorstep are designer bou-tiques the showy 2300-room Atlantis Hotel and the highest-grossing Nobu restaurant in the world

Little wonder then that the interna-tional airport at Nassau with direct access from London is packed with private jets This is a destination of choice for multimillionaire Americans who want casinos and super yachts with their soft sand beaches Itrsquos also attracting some British higher-rate taxpayers facing rises this April Residents who own property valued over pound318900 pay no capital gains inheritance or income tax

THE SWINGrsquoS THE THING The rich and famous have been coming for decades Lyford Cay was the first private residential resort begun in the Fifties on a series of man-made canals The 380 houses range from relatively modest bungalows at about pound19 million to sizeable mansions for tens of millions all set in manicured gardens and often with a rather grand boat out back Residents such as Sean Connery value privacy highly Licence To Kill was filmed among the islands

Another estate is Old Fort Bay now selling quarter-acre plots for pound414600 And a new name is being added mdash Albany Itrsquos an ambitious development by Tavistock Group mdash owned by Brit-ish-born Joe Lewis current owner of Spurs mdash with golf professionals Ernie Els and Tiger Woods

On 565 acres on the south-west coast they plan to create a top-end golf and marina resort with 375 homes and a boutique hotel The setting has already featured on film this is where Daniel

Craig emerged from the surf as James Bond in Casino Royale in 2006

CABANA OR COLONIALAlbany opens in September with a golf course designed by Els a 71-berth deep-water marina a 15000 sq ft gym a spa and equestrian centre pools restaurants and bars If you want a pool cabana with plasma screen TV or a childrenrsquos water park this is the place for you

Plots are from pound956700 while 7000 sq ft four-floor ldquocottagesrdquo by the beach are pound22 million and marina apartments cost from pound19 million Cur-rently 84 properties are sold with 27 per cent of buyers from the UK includ-ing golfers Justin Rose and Ian Poulter Thirty six properties are near comple-

tion but while the marina is well advanced the flats around it will not be finished before 2014 Buyers are cautious about off-plan property just now but Albany MD Christopher Anand sold pound38 million-worth last year

ldquoOur amenities mark us outrdquo he says ldquoSecond home-owners need things to do on resort and a good infrastructure off resortrdquo Albany will operate a rental programme giving owners 70 per cent of net rental returns

For value Sandyport on the western end of popular Cable Beach is an affordable residential area with apart-ments from pound255150 and 2000 sq ft houses with pools from pound382700 On Eastern Road past Nassaursquos wide natural harbour where colourful

colonial-style homes overlook the Atlantic four-bedroom detached prop-erties start from pound446500

CONTACTS AND FACTS Old Fort Bay wwwoldfortbaycom

001 242 362 5046 Sothebyrsquos Bahamas www

sirbahamascom 001 242 322 2305 Albany wwwalbanybahamascom mdash

contact Aylesford International 020 7349 5100 Albany prices include all taxes Owners pay pound9560 a year for access to all facilities and pound6000 Homeowners Association Fees The Bahamas has a 10 per cent stamp tax on sales split between buyer and seller

BA flies from Heathrow to Nassau five times a week

Homes amp PropertyHomes abroadhomesandpropertycouk

Island hideaway Albany cottages are beach-side but townrsquos not far

Rental potential Paul Dunkley and wife Denise bought at Albany

From pound255150 properties at Sandyport on popular Cable Beach include apartments and houses with private pools

Plots from pound956700 homes from pound19 million penthouse at Albany golf and marina complex Call 020 7349 5100

007 Daniel Craig (inset) emerged on to a beach in the Bahamas in his fi rst Bond movie Sean Connery has a home there

Bleached a soft white Bahamian beach (above)

From pound552600 Savills is selling Shoreline 76 new Grand Bahama beachfront homes Call 001 207 016 3740

LIKE many owners at Albany Paul Dunkleyrsquos purchase there is not his first overseas home

ldquoWe own a property in Orlando so the Bahamas is only a 40-minute hop awayrdquo says Paul 51 ldquoWe plan to use it for six to eight weeks a year and then rent it outrdquo

Paul and his wife Denise have spent pound25 million on an ocean-view cottage due for completion this summer

The low number of houses and world-class facilities made the resort a winner for them

ldquoNew Providence is beautiful with excellent boating and scuba divingrdquo says Paul a businessman from the Cotswolds ldquoItrsquos a massive advantage being 10 minutes from Nassau We didnrsquot want to feel trapped on a resort plus this level of amenities doesnrsquot exist on other Caribbean islandsrdquo

The couple have two adult sons Jonathan and James who like their parents are keen golfers And have they bought a mooring at Albany ldquoWell you have to have a boat in the Bahamasrdquo laughs Paul

The rich and famous have been here for decades but therersquos good value as well as millionaire mansions to be had

SPORT

SPHOT

OAL

LSTA

R

ALBANYALBANY

COVER

PAGE 1 OF 1

its transformation to the Albany Beach Club which will feature an elegant dining room and second-floor lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events A state-of-the-art fitness complex will be furnished with a lap pool boxing ring and best-in-class personal training equipment The nearby racquet centre will offer lighted Har-Tru tennis courts and an indoor tennis facility A planned 15-acre equestrian centre will accommodate various riding disciplines The full-service spa is a Bahamian-inspired retreat outfitted with a salon and exquisite treatment pavilions A family water park featuring an assortment of pools slides grottos and waterfalls will be an ideal place for all ages to gather Some of the most luxurious accommodations in the Caribbean the Albany Cottages which form the cornerstone of the communityrsquos boutique hotel will feature three- to five-bedroom units with charming outdoor living spaces private pools and gardens Situated on the most populated and established island in the Bahamas Albany is not only a magnificent island escape but a convenient one too Albany is just five miles and seven minutes from Nassaursquos international airport which offers several non-stop flights daily from major cities To learn more about Albany visit wwwalbanybahamascom or call 1-888-909-7001

BAHAMASrsquo ALBANY AIMS TO BE A NOTCH ABOVE

On a secluded stretch of shoreline on New Providence Islandrsquos western tip a new waterfront hideaway is rising that

is destined to be an ideal family-oriented retreat Called Albany the moniker is fitting for this 600-acre gated enclave named after the historic beachside estate Albany House situated in the heart of the resort community The pink traditional Bahamian colonial mansion - known to James Bond fans as arch villain Alex Dimitriosrsquo beachfront home in Casino Royale - will remain an iconic landmark within Albany serving as a chic beach club following an extensive interior refurbishment Exceptional architecture will be a defining hallmark of Albany So will unparalleled amenity offerings Nothing less will do on this Bahamian island which boasts a longstanding tradition of drawing celebrities sporting greats captains of industry and even royalty who have built a cache of vacation homes here Developed by private investment company Tavistock Croup and golf legends Tiger Woods and Ernie Els Albany pulls out all the stops beginning with an amenity package that embraces every generation ldquoAlbany will be the type of resort community families will visit again and again because the community abounds with activities for all agesrdquo said Christopher Anand Albanyrsquos managing partner A mega-yacht marina an 18-hole championship golf course designed by Els a full-service spa and fitness centre a beach club a family water park a kidsrsquo clubhouse and an adult pool and lounge are among the amenities that will entertain Albany residents and guests once the resort community opens in summer 2010 Albany will also be home to a boutique hotel and 350 private residences many designed by the worldrsquos foremost architects Whether you desire a pre-designed vacation cottage a stylish penthouse overlooking the mega-yacht marina a custom home with commanding golf course views or a sprawling beachfront estate with uninterrupted ocean vistas Albany has a residence to accommodate almost any lifestyle The marina residences will line Albanyrsquos 71-slip mega-yacht marina built to accommodate vessels as large as 240 feet The marina will be surrounded by boutique retail shops office spaces and restaurants No sporting paradise would be complete without an extraordinary golf experience Albanyrsquos links-style championship course which measures more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development ldquoThe land at Albany was ideal for creating an unforgettable experience and challenge for an 18-handicap or the very best professionals in the worldrdquo Els said ldquoItrsquos an opportunity to create a course that feels decades old and transforms the very idea of what a modern course should look and feel like when you are playing itrdquo Currently under renovation the Albany House is undergoing

ISLAND PARADISE

PROMOTION

Argyle is a quarterly luxury lifestyle magazine produced specifically for the members of the Cambridge Group of Clubs in Toronto and Montreal but also for readers of the Globe and Mail newspaper (the magazine is inserted in the Globe) With a circulation of 75000 directed at affluent Canadians regular sections in the magazine include fashion sports and health business leisure luxury and arts and culture


2


COVER

12

PAGE 1 OF 1

FANFAIRBahamas Bliss

Daydreaming about swimming and snorkeling in one of the worldrsquos largest barrier reefs What about catching fish for dinner shopping at high-end boutiques for embroidered caftans curling up on a chaise and watching a favorite old movie in a private outdoor theater or playing golf on an Ernie Els-

designed golf course amid bougainvillea blooms and fresh salt air If so the Bahamian archipelago which is made up of 700 tiny islands is for you Whether yoursquore looking to rent a private island check into a five-star resort or buy a piece of oceanfront property in one of several exclusive new developments the Bahamas has it all Herewith the hottest spots -PUNCH HUTTON

V A N I T Y F A I R | wwwvanityfaircom N O V E M B E R 2 0 0 8

AT P L AY I N A N E L E G A N T U T O P I A

ALBANY (albanybahamascom)Albany is a new 565-acre luxury oceanfront resort community

currently being built on New Providence Island set to open early 2010A C C O M M O D A T I O N S A world-renowned group of architects including Robert A M Stern Charles Gwathmey and Robert Siegel has been commissioned to design a boutique hotel custom homes and grand marina residences D I N I N G

Five restaurants including one with a five-star rating S P A Full service W A T E R S P O R T S A 15-acre inland marina allows for

everything from sailing and scuba diving to deep-sea fishing O N - L A N D F U N Boxing facility kidsrsquo clubhouse with water park equestrian center tennis courts and 18-hole championship golf course designed by Ernie Els F U N F A C T S Albany House the newly renovated clubhouse is where James Bond seduced a villainrsquos wife in Casino Royal 2006 Tiger Woods and Els are two of the resortrsquos developers

H A N G O U T W I T H T H E L O C A L S

A C C O M M O D A T I O N S Quaint oceanfront cottages of the Staniel Cay Yacht Club starting at $162 H O W B I G I S T H E I S L A N D Less than two square miles D I N I N G The bar and restaurant of the yacht club are where the Exumas

social scene con-verges The catch of the day is really the catch of the day and they serve real down-home dishes such as Bahamian spiny lobster and burgers W A T E R S P O R T S Snor-keling fishing kaya-

king swimming with sharks sailboat racing and scuba diving F U N F A C T The James Bond films Thunderball and Never Say Never Again were filmed at Thunder-ball Cave a natural fishbowl P R I V A C Y F A C T O R Low but itrsquos not easy to get to so itrsquos far from touristy

O W N E D B Y David Copperfield I S L A N D R E N T A L F E E $32250 per day (includes a staff of 30) A C C O M M O D A T I O N S Five guest houses H O W B I G A R E T H E I S -L A N D S Just over 700 acres D I N I N G Private chefs S P A S E R V I C E S Massage therapist yoga and Pilates instructors W A T E R S P O R T S Sunfish sailboats windsurfing fishing a water trampoline scuba d i v - ing WaveRunners a catamaran and four other

boats at guestsrsquo disposal O N - L A N D F U N Tennis volleyball and badminton

courts karaoke machines fireworks and trea-sure hunts P R I V A C Y F A C T O R Total F U N F A C T S There is an outdoor movie theater and you can play on Houdinirsquos personal championship billiards table G U E S T S H A V E I N C L U D E D

Oprah Winfrey Robin Williams and Tim McGraw

THE ISLANDS OF COPPERFIELD BAY Formerly known as Musha Cay (mushacaycom)

STANIEL CAY (stanielcaycom)

R E N T T H E E N T I R E I S L A N D C H A I N

Albany Marina Penthouse Terrace Robert AM Stern

Albany Architect Design Review Session at Robert AM Sternrsquos Offices in NYC

ALBANYALBANY


PAGE 1 OF 2

THE MOOR THE MERRIER

With the megayacht business booming demand for comparableberthing facilities is growing Lucy Denyer checks out the latest

marina developments to come on stream

There is nothing- absolutely nothing- half so much worth doing as simply messing about in boatsrsquo declared Ratty in the The Wind in the Willows And while a talking water rat might not be everyonersquos biggest inspiration there are plenty people out there who agree with him

Despite global financial meltdown the elite yacht industry is still making megabucks In the 40-metre-plus mega-yacht bracket there are 450 vessels being built meaning all the boat-building yards with such capability are booked out until 2013 ldquoThey are the must-have accessory in the wealthy worldrsquo says Jillian Montgomery CEO of Camper amp Nicholson the worldrsquos oldest boat builder ldquoThere is a huge demand worldwidersquo Small wonder that Camper amp Nicholson is moving into the big-boat league with 50-70-metre boats that will cost between pound12m and pound20m Messing about in boats on the river-bank this is not But where once you have it do you park your yacht lsquoWhile the number of super-yachts has more or less doubled since 2000 the development of ma-rinas has remained limited- especially in popular areas such as the French Rivierarsquo says Montgom-ery lsquoThere is a huge demand for marina berths worldwide particularly large ones where demand totally outweighs supplyrsquo This in turn pushes prices up A quick glance at Knight Frankrsquos most recent Prime International Residential Index says it all While the prime residential market is starting to weaken the super-prime market- of properties valued at above pound10m- is still going strong Where is top of the pile Why Monaco of course- spiritual home of the yacht-setter Property here will set you back pound3760 per square foot- and thatrsquos not including a berth for your boat

lsquoThe reason marinas continue to be a very good driver is that there are really not many berths around for big boatsrsquo says James Price head of international residential development at Knight Frank lsquoAnything offering a new berth opportunity is going to have some appeal but linking it with residential developments too will also add valuersquo And while not all marinas are going to be targeted at the super rich those

on the lesser scale will still have their appeal- an oligarch might not buy into one but he may want his crew toSo where can you park your boat these days-and where will you be able to in the next few years Top of the pile is the Caribbean lsquoItrsquos wonderful sail-ing and people want to sail in good climatesrsquo says Charles Weston Baker managing director of global development consultancy at Savills Property in the British Virgin Islands (BVIs) for example is still booming- over the past eight years real estate prices have gone up 10 per cent The BVIs also have the added advantage of being an offshore fi-

nancial centre and boast Category 1 status for its marina- in basic terms this means the wealthiest people with the biggest yachts can moor there next to their marina properties and also benefit from tax breaks Want to buy these Nanny Cay on the south side of Tor-tola is the BVIrsquos flagship marina where prices range from pound430000 to pound630000 20 of the units are left all with docks attached (nannycay

lsquoTHERE IS HUGEDEMAND FOR

MARINA BERTHSPARTICULARLY LARGE

ONES WHEREDEMAND TOTALLY

OUTWEIGHS SUPPLYrsquo

lsquo BERTH PLACEAlbany a luxury beach

resort developmentin New Providenceis well on the way

(above) More modest prices can be found at Grand Harbor in

Grenada (right)

COVER

14

PAGE 2 OF 2

com)Alternatively Scrub Island is a brand- new private island resort which opens in July and as well as offering ready-built villas will also offer lots on which you can build your own home Villa prices start at pound23m (scrubislandcom)There are other places to splash the cash in the Caribbean-Altamer for example is a development of nine lsquoarchitectural signature residencesrsquo that Savills is mar-keting in Anguilla Prices range from pound102m up to an eye-wateringpound36m You get your own beach pool wine cellar and cinema as well as pri-vate jet facilities and of course a mega-yacht marina lsquoThere are five billion-aires there alreadyrsquo says Weston Baker Further along in the Bahamas mean-while plans are well underway for the development of Albany a luxury beach resort on the island of New Providence Part of the development will be completed later this year the 565-acre site will eventually include a deep water mega-yacht marina with 13 dedicated apartment buildings containing about 100 units which will range in price from pound26m to pound26m (knightfrankcoukinterna-tional) If the Caribbeanrsquos not your thing but you still want hot head to Eden Island in the Seychelles a purpose-built 100-acre addition to the existing 115 islands of the Seychelles which will have 38 acres of private waterways and include a marina that specializes in ac-commodating both super- and mega-yachts even those over 80m in length Every unit at Eden Island comes with its own private mooring either right in front of or close to their villa (savillscoukabroad) Or what about Dubai This playground for the rich has its prop-erty Mecca in Dubai marina where anyone who is anyone wants a spot for their boat lsquoDubai was a desert so anything along the boating line is seen as a luxuryrsquo says Hannah Rogerson head of the Middle Eastern department of top-end search agency Quintes-sentially Estates lsquoItrsquos very difficult to get hold of water for your own little mooring so if a property has that as an addition itrsquos something to get excited aboutrsquo Despite the sand Dubai is try-ing to establish itself as the Marina Capital of the World and an international destination for the worldrsquos super-yacht owners with 30000 estimated berths being built over the next five years If Europe is more your thing but you want somewhere up and coming Croatia is the place to look says Weston Baker lsquoIt is second to none in terms of sailingrsquo New legislation concerning development also means that opportunities for marina facilities are opening up The most talked-about of these is Porto Montenegro an ex-

travagantly ambitious project that will see the former cold war naval base of Tivat just north of Corfu turned into one of the larg-est marinas in the Med with 650 berths that include space for 130-150 super-yachts lsquoIt will be specifically targeted as a home port for these yachts all year roundrsquo explains Oliver Corlette managing director of the scheme Plans are for about 100 berths to be complete by this summer about 25 to 30 apartments are also just being released on to the market priced between pound315000 and

pound18m -apartment owners will also get a 75 per cent discount on a berth for the first three years of ownership (portmontenegrocom) Tempted by whatrsquos out there but donrsquot own a yacht Despite the demand for boats there are deals to be had as cash-strapped finan-ciers and bankers start trading in their gin palaces Earlier in the autumn the sellers of one of the worldrsquos most luxurious yachts- the 164ft Alibella offered a pound85m discount to a buyer prepared to com-plete a deal within 30 days bringing the price down to pound22m Can-dyscape the floating home of super-developers the Candy brothers can be yours for pound117m reduced from pound139m (edminstoncompanycom) The yachting industry may still be booming when it comes to building the boats but in this market therersquos always room for a bargain Something that the modest Ratty might be more inclined to approve of

MOOR LIKE ITClockwise from left

Prices at Altamer rise to a huge pound36m

Porto Montenegro is hotly anticipated

if you donrsquot wantthe Caribbean try Eden Island

in the Seychelles Quintessentially is

marketingVGreece on the World of Dubai

ALBANYALBANY


COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 million

Contact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

16

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five destinations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY


COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

18

PAGE 1 OF 3





cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront







PAGE 2 OF 3

ALBANYALBANY




₤25





Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009

ALBANYNew Providence Bahamasalbanybahamascom

The idea for Albany was hatched in 2004 when Ernie Els Tiger Woods and British ex-pat trader Joe Lewis put their heads together to conceive of the ideal family retreat When 565 acres of beachfront property went on the market on New Providence Island they made an offer the next day Elsrsquo firm designed the 7400-yard course with natural coastal dunes and a crystal-blue serpentine lakeOpens 2010

Five New Courses to WatchBored with Bethpage Had it with the Homestead These hotly anticipated projects will welcome golfers soon - JS

THE PRAIRIE CLUBValentine Nebtheprairieclubcom

Itrsquos four hours from the nearest airport to the prairie club but anyone who has played Ballyneal or Sand Hills understands the allure of this part of the world Bring the big sticks for Tom Lehmanrsquos Dunes a wind-torn links-style course stretching more than 8000 yards Then test your short game against the wildly undulating greens of the par-3 Horse CourseOpens May 2010

CASTLE STUARTInverness Scotlandcastlestuartgolfcom

Royal Dornoch and Nairn will have a new neighbor in the Highlands this July Situated next to the 16th-century Castle Stuart the course is designed by architects Gil Hanse and Mark Parsinen The Moray Firth a sparkling inlet provides a stunning backdrop particularly on the par-3 11th where wild fescue grasses and ragged-edged bunkers frame a massive greenOpens July 2009

THE PATRIOTOwasso Oklapatriotgolfclubcom

Major Dan Rooney an F-16 fighter pilot in the Air National Guard established Patriot Golf Day as a way for golfers to honor military service by donating to a scholarship fund for the families of those killed or disabled in action With holes named for patriots like George Washington and Rosa Parks the Robert Trent Jones II-designed course will wind across rolling prairie Opens fall 2009

OLD MACDONALDBandon Dunes Orebandondunesgolfcom

As if you needed another reason to visit Brandon Dunes the purist golf retreat is opening a fourth course Designed by Tom Doak and Jim Urbina it is a tribute to Charlse Blair Macdonald whose National Golf Links in Southampton NY is among the top-ranked in the world Expect uphill blind shots and classic ldquoRedanrdquo and ldquoEdenrdquo par 3s inspired by the famous Scottish originalsOpens June 2009

48 March 16 2009

LIFE TOPATTHE

Hole 17 Green ldquoBail outrdquo area

Tee Area

20

COVER

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between pound25m and pound25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantum of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The pound125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009


COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking about the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At pound128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaairport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from pound21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at pound784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1

It is rare to find a project with as many notable names as Albany a 565-acre resort community under

construction on the southwest coast of New Providence Island in the Baha-mas Developed by Tiger Woods and Ernie Els as well as Joe Lewis the Brit-ish billionaire who heads the Tavistock Group investment firm the project counts Robert A M Stern and Charles Gwathmey among its architects and its master plan was designed by Andreacutes Duany known for his work on the Sea-side Fla New Urbanist community Plans call for 325 residences a bou-tique hotel and an 18-hole golf course designed by Mr Els Homesite buyers

have the option of having predesigned cottages which will also be used as ho-tel rooms built for them or they can design and construct custom homes while adhering to architectural guide-lines The condo buildings will line the 71-slip inland marina Also planned are multiple restaurants a full-service spa a fitness center with a boxing ring a childrenrsquos clubhouse a 15-acre eques-trian center and pools including some in a water park with slides The Lynden Pindling International Airport is less than 10 minutes from the projectrsquos site

Breaking Ground Albany

Escapes FRIDAY FEBRUARY 27 2009

GREAT ESCAPE Albany Beach Club

GOLF BUDDIES Ernie Els and Tiger Woods are Albany partners

GREAT ESCAPE Albany Marina (digital rendering)

WHAT Luxury beachfront resort and residential development

WHERE The Bahamas

AMENITIES A golf course and a marina among others

PRICES Homesites start at $175 million condominiums at $4 million

STATUS Scheduled to open early next year

DEVELOPERS The Tavistock Group Tiger Woods and Ernie Els

CONTACT (407) 909-5936 or (888) 909-7001 or wwwalbanybahamascom

Excerpt from New York Times on Friday February 27 2009

ALBANY

For more information on Albany please contact

infoalbanybahamascom188890970014079095936

ALBANY

Albany is a new luxury resort community nestled among 580 oceanfront acres on the southwestern end of New Providence in The Bahamas Located just five miles and seven minutes from Nassaursquos international airport Albany is being developed by Tavistock Group Tiger Woods and Ernie Els A mega-yacht marina an 18-hole championship golf course designed by Els a full-service spa and fitness center a beach club a family water park a kidsrsquo clubhouse and an adult pool and bar are among the amenities that will entertain residents and guests when Albany opens in 2010

For information about Albany please visit wwwalbanybahamascom

FA S T FAC T S

A B O U T A L B A N Y

bull Luxury resort community spanning 580 acres

bull Located on the island of New Providence in

The Bahamas

bull Lots start at $15 million and finished residences begin

at $4 million (USD)

bull Albany is a partnership between Tavistock Group

Tiger Woods and Ernie Els

bull Albany is master planned by Duany Plater-Zyberk amp

Company

bull Approximately 350 homes which include cottages

custom homes marina residences and equestrian

ranchettes

bull Full Memberships Legacy Memberships and Social

Memberships available by invitation

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull 24-hour state-of-the-art security and concierge services

bull Seven minutes and five miles from Nassaursquos international

airport and private air fields

bull Conveniently located in The Bahamian archipelago of

more than 700 islands and atolls

bull Very favorable tax environment in The Bahamas

bull 2010 opening

ALBANY
















ALBANY









-SouthernSeasons











-VanityFair

ALBANY






-DailyTelegraph




-DailyMail






-NewYorkTimes




special eventsrdquo

-BoatInternational





-LINKSMagazine

2 2

ALBANY









L








ALBANY

PAGE 1 OF 2


COVER









L








4

PAGE 2 OF 2

ALBANYALBANY












Albany Beach Club








MC

FIL

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FEA

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ure

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PAGE 1 OF 2









FINANCIAL TIMES


8

PAGE 2 OF 2


MY FAVOURITE THINGS













HOUSE amp HOME 3

At home


ALBANY8

ALBANY


PAGE 1 OF 1

240 ft)23000 sq ft

COVERS

68

10

PAGE 1 OF 1









































SPORT

SPHOT

OAL

LSTA

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PROMOTION



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ALBANY

Albany Beach Club

Albany Beach Club


16

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3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

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PAGE 1 OF 3












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ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





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CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening
















ALBANY









-SouthernSeasons











-VanityFair

ALBANY






-DailyTelegraph




-DailyMail






-NewYorkTimes




special eventsrdquo

-BoatInternational





-LINKSMagazine

2 2

ALBANY









L








ALBANY

PAGE 1 OF 2


COVER









L








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PAGE 2 OF 2

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Albany Beach Club








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PAGE 1 OF 1

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PAGE 1 OF 1



















BAHAMA RAMA

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PAGE 1 OF 2









FINANCIAL TIMES


8

PAGE 2 OF 2


MY FAVOURITE THINGS













HOUSE amp HOME 3

At home


ALBANY8

ALBANY


PAGE 1 OF 1

240 ft)23000 sq ft

COVERS

68

10

PAGE 1 OF 1









































SPORT

SPHOT

OAL

LSTA

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ALBANYALBANY

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PAGE 1 OF 1





ISLAND PARADISE

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2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening





-DailyTelegraph




-DailyMail






-NewYorkTimes




special eventsrdquo

-BoatInternational





-LINKSMagazine

2 2

ALBANY









L








ALBANY

PAGE 1 OF 2


COVER









L








4

PAGE 2 OF 2

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Albany Beach Club








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PAGE 1 OF 1

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PAGE 1 OF 1



















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ALBANYALBANY


PAGE 1 OF 2









FINANCIAL TIMES


8

PAGE 2 OF 2


MY FAVOURITE THINGS













HOUSE amp HOME 3

At home


ALBANY8

ALBANY


PAGE 1 OF 1

240 ft)23000 sq ft

COVERS

68

10

PAGE 1 OF 1









































SPORT

SPHOT

OAL

LSTA

R

ALBANYALBANY

COVER

PAGE 1 OF 1





ISLAND PARADISE

PROMOTION



2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

ALBANY









L








ALBANY

PAGE 1 OF 2


COVER









L








4

PAGE 2 OF 2

ALBANYALBANY












Albany Beach Club








MC

FIL

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PAGE 1 OF 1

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PAGE 1 OF 1



















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ALBANYALBANY


PAGE 1 OF 2









FINANCIAL TIMES


8

PAGE 2 OF 2


MY FAVOURITE THINGS













HOUSE amp HOME 3

At home


ALBANY8

ALBANY


PAGE 1 OF 1

240 ft)23000 sq ft

COVERS

68

10

PAGE 1 OF 1









































SPORT

SPHOT

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LSTA

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ALBANYALBANY

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PAGE 1 OF 1





ISLAND PARADISE

PROMOTION



2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening









L








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PAGE 2 OF 2

ALBANYALBANY












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PAGE 1 OF 1

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PAGE 1 OF 2









FINANCIAL TIMES


8

PAGE 2 OF 2


MY FAVOURITE THINGS













HOUSE amp HOME 3

At home


ALBANY8

ALBANY


PAGE 1 OF 1

240 ft)23000 sq ft

COVERS

68

10

PAGE 1 OF 1









































SPORT

SPHOT

OAL

LSTA

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ALBANYALBANY

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PAGE 1 OF 1





ISLAND PARADISE

PROMOTION



2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


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PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

ALBANYALBANY












Albany Beach Club








MC

FIL

MS

REX

FEA

TURE

S

PAGE 1 OF 1

6

PAGE 1 OF 1



















BAHAMA RAMA

Pict

ure

s A

LAM

YR

EX




































ALBANYALBANY


PAGE 1 OF 2









FINANCIAL TIMES


8

PAGE 2 OF 2


MY FAVOURITE THINGS













HOUSE amp HOME 3

At home


ALBANY8

ALBANY


PAGE 1 OF 1

240 ft)23000 sq ft

COVERS

68

10

PAGE 1 OF 1









































SPORT

SPHOT

OAL

LSTA

R

ALBANYALBANY

COVER

PAGE 1 OF 1





ISLAND PARADISE

PROMOTION



2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

6

PAGE 1 OF 1



















BAHAMA RAMA

Pict

ure

s A

LAM

YR

EX




































ALBANYALBANY


PAGE 1 OF 2









FINANCIAL TIMES


8

PAGE 2 OF 2


MY FAVOURITE THINGS













HOUSE amp HOME 3

At home


ALBANY8

ALBANY


PAGE 1 OF 1

240 ft)23000 sq ft

COVERS

68

10

PAGE 1 OF 1









































SPORT

SPHOT

OAL

LSTA

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ALBANYALBANY

COVER

PAGE 1 OF 1





ISLAND PARADISE

PROMOTION



2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

ALBANYALBANY


PAGE 1 OF 2









FINANCIAL TIMES


8

PAGE 2 OF 2


MY FAVOURITE THINGS













HOUSE amp HOME 3

At home


ALBANY8

ALBANY


PAGE 1 OF 1

240 ft)23000 sq ft

COVERS

68

10

PAGE 1 OF 1









































SPORT

SPHOT

OAL

LSTA

R

ALBANYALBANY

COVER

PAGE 1 OF 1





ISLAND PARADISE

PROMOTION



2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

8

PAGE 2 OF 2


MY FAVOURITE THINGS













HOUSE amp HOME 3

At home


ALBANY8

ALBANY


PAGE 1 OF 1

240 ft)23000 sq ft

COVERS

68

10

PAGE 1 OF 1









































SPORT

SPHOT

OAL

LSTA

R

ALBANYALBANY

COVER

PAGE 1 OF 1





ISLAND PARADISE

PROMOTION



2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

ALBANY8

ALBANY


PAGE 1 OF 1

240 ft)23000 sq ft

COVERS

68

10

PAGE 1 OF 1









































SPORT

SPHOT

OAL

LSTA

R

ALBANYALBANY

COVER

PAGE 1 OF 1





ISLAND PARADISE

PROMOTION



2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

68

10

PAGE 1 OF 1









































SPORT

SPHOT

OAL

LSTA

R

ALBANYALBANY

COVER

PAGE 1 OF 1





ISLAND PARADISE

PROMOTION



2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

ALBANYALBANY

COVER

PAGE 1 OF 1





ISLAND PARADISE

PROMOTION



2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

2


COVER

12

PAGE 1 OF 1























ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

ALBANYALBANY


PAGE 1 OF 2
















Grenada (right)

COVER

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

14

PAGE 2 OF 2










ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

ALBANYALBANY


COVER

PAGE 1 OF 2
















18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club


16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

16

PAGE 2 OF 2









1 2

3

4

5

6 7

8

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

ALBANYALBANY


COVER















₤25




COVER

PAGE 1 OF 3

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

18

PAGE 1 OF 3












PAGE 2 OF 3

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

ALBANYALBANY




₤25






PAGE 3 OF 3


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening


PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009












48 March 16 2009

LIFE TOPATTHE


Tee Area

20

COVER

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

ALBANYALBANY






THE BAHAMAS

THAILAND




COVER

PAGE 1 OF 2





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening





THE KEYS

CHAMONIX



SEYCHELLES



22

PAGE 2 OF 2

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

ALBANY


PAGE 1 OF 1










WHERE The Bahamas







ALBANY



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening



ALBANY



FA S T FAC T S




The Bahamas


at $4 million (USD)




Company



ranchettes











bull 2010 opening

Albany Media Features Vol. III

Documents

Transcript of Albany Media Features Vol. III