CRDG launches Caribbean’s first overwater ownership offering in Belize

CRDG LLC is selling what it says is the Caribbean’s first overwater ownership opportunity through Six Senses Residences, Belize on Emerald Caye, a private island off Ambergris Caye. The project brings a rare luxury housing format to Belize, with 16 beachfront residences, 40 overwater hotel suites and prices starting at $3.75 million.

Why it matters: - The project brings overwater residence ownership to the Caribbean, a category long associated with the Maldives and French Polynesia. - Buyers seeking a private-island or overwater home no longer need to look to distant markets outside the region. - The development adds a new ultra-luxury residential option to Belize, a market with full foreign ownership rights and no residency restrictions.

What happened: - CRDG LLC introduced Six Senses Residences, Belize on Emerald Caye, a private island about a five-minute boat ride from Ambergris Caye. - The development includes 40 overwater hotel suites and 16 private beachfront residences. - The project is being marketed as one of the first residential offerings of its kind in the Caribbean and the first in Belize. - Construction is underway, and sales are open.

The details: - The residences are titled, fee simple beachfront villas in three- and five-bedroom layouts. - Unit sizes range from about 4,400 to 7,600 square feet of indoor and outdoor living space. - Each residence sits on its own individually owned parcel. - Purchases use a two-part contract that separates land ownership from construction. - Prices range from $3.75 million to $5.99 million. - Completion is targeted for late 2028. - The island community will include an arrival dock, two elevated waterfront dining venues, a spa, multiple pools, a yoga pavilion and lagoons. - Owners will share the estate with resort guests and have access to the reef just offshore. - Belize also offers diving, snorkeling, fly fishing and Mayan ruins. - The location sits within sight of the Belize Barrier Reef, which is the second-largest coral reef system in the world. - Belize is English-speaking, uses a legal system rooted in British common law, allows full foreign ownership and has direct flights of two to four hours from most major U.S. gateways. - Owners get 24-hour residential concierge service and à la carte resident services. - Owners also get VIP access to Six Senses Belize Resort and the wider Six Senses portfolio, plus preferred rates on rooms, dining and spa experiences. - Inquiries have come from buyers in the United States, Canada and Europe. - Sales and marketing inquiries are being handled through emeraldcaye.com and tyler@emeraldcaye.com.

Between the lines: - The project is positioned as both a lifestyle play and a market-making move for Caribbean luxury real estate. - Belize’s ownership rules and travel access appear to be central to the pitch for North American and European buyers. - The tight inventory of 16 residences suggests the offering is aimed at scarcity-driven demand rather than broad residential volume. - CRDG is pairing a branded hospitality name with private ownership to make the concept feel familiar to luxury buyers.

What's next: - Construction will continue toward the late-2028 completion target. - The developer will likely look to convert early interest into sales as the project advances. - More buyer inquiries may follow as the concept of overwater ownership gains traction in the region.

The bottom line: - Six Senses Residences, Belize is trying to turn an iconic resort format into a sellable homeownership product for the Caribbean.