Luxury Real Estate

By Jim Walberg of Caribbean Islands Realty

The St. Thomas Ritz-Carlton just completed the entire re-design of 81 of their 105 two and three bedroom two residences!

As you may recall, the Ritz at Red Hook, St. Thomas is one of my favorite elegant places to stay in the Virgin Islands. This particular Ritz-Carlton was the beta test site for the Deeded Fractional Ownership concept for the Marriott Corporation over ten years ago. The outstanding results created at this Ritz-Carlton with the sellout of their initial fractional ownership opportunities launched the development of deeded fractional ownership within the Ritz organization worldwide. They have now expanded luxury villas at their Red Hook, St. Thomas location as part of their deeded fractional ownership product. Their success with this concept has now swept over the entire Caribbean.

Given that this was their first venture into the Residence Club market over ten years ago, it was time for the Ritz to refurbish their residences. What they have created is over the top! The new décor was designed to highlight the flair of the Caribbean while still keeping with The Ritz-Carlton tradition of pure elegance. Each refurbished unit also includes artwork by the resort’s in-residence local artist, Lucinda O’Connell.

“We are very excited to unveil this makeover to our Members as they return to their residences over the course of this year,” said Ronald Parker, general manager of The Ritz-Carlton Club, St. Thomas.

The fractional owners at the St. Thomas Ritz-Carlton also enjoy their own personal concierge services, which assist them with their every need prior to and throughout their stay - even the stocking of their unit with groceries before they arrive, plus, they have the use of the 53-foot catamaran, Lady Lynsey, and a full-service spa, salon and fitness center. The deeded fractional ownership allows Members and their guests to use a one-twelfth interest, for 21 days annually. As I have mentioned many times, this is a destination I highly recommend for your next visit to the Caribbean. Just a side note, the bay in front of the Ritz is THE kite-boarding center of the Virgin Islands. Until next time…fair winds!