The developers of Nail Bay Resort and Mooney Bay Estates recently signed a Memorandum of Understanding with Taj Hotel Resorts and Palaces to develop the first Taj Exotica Resort, Spa & Luxury Residences in the Caribbean, Central America and South America.
‘On behalf of the British Virgin Islands Tourist Board, we could not be more pleased to welcome a brand of this caliber to the BVI,’ said Myron Walwyn, Chairman of the British Virgin Islands Tourist Board. ‘This project demonstrates the premium quality as a tourist destination for which the BVI has long been known.’
Pursuant to the terms of the development agreement, the Government of the Virgin Islands approved the construction and operation of a new five-star hotel of 100 hotel units, plus additional hotel spa suites, hotel villas, townhouses and residential villas for sale with a luxury spa and related facilities including restaurants, bars, swimming pools, gift shops and boutiques at Nail Bay plus a private jetty and ten moorings.
This historic 148 acre former sugar plantation below Gorda Peak with almost a mile of waterfront overlooking Sir Francis Drake Channel on the north western shore of Virgin Gorda has been in the process of being developed into a luxury villa resort with over $42 million invested in villas to date. Both Nail Bay and Mooney Bay are managed by Virgin Gorda Management Company Limited.