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Aerial view of a picturesque island surrounded by turquoise waters and lush green hills, resembling the ideal British Virgin Islands resort. White sandy beaches line the coast, and the horizon stretches across a clear, blue sky. Small islets are visible in the distance.

British Virgin Islands’ Oil Nut Bay Tops $20 Million in Sales Pandemic

Real Estate
August 27, 2020 | Caribbean Journal Invest | CJI Editors
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View from a wooden deck overlooking a turquoise sea with sailboats and yachts docked at a marina. The scene includes a clear sky dotted with fluffy clouds, palm trees below, and a luxurious outdoor lounge area on the deck.

Caribbean Journal Invest | $20 Million in Sales During the Pandemic

Many Desire a Luxury Sanctuary

Powered by an urgent desire by high-net worth buyers to have a luxury sanctuary to escape to, Oil Nut Bay has done $20 million in sales during the Covid-19 pandemic. With Oil Nut Bay’s increased efforts in virtual tours due to the BVI border closures, multiple sales have been made possible without the buyer needing to visit the property. Caribbean Journals Invest reports on the movement of wealth in the luxury, Caribbean real estate market, further mentioning the happenings and real estate success at Oil Nut Bay.

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