Sirenusa Residences

Description:

Sirenusa is a 22-villa luxury community offering a mix of two-, three- and four-bedroom condominiums.  Amenities include a clubhouse, pool, and fitness facility, as well as full service concierge. Sitting over Cruz Bay, the island’s commercial and cultural hub, Sirenusa Villas offer breathtaking and unobstructed sea views all while being within 5 minutes of the vibrant downtown area.​

Catalus Involvement:

100% Acquisition of the majority of the villas.

Investment Thesis:  

Catalus acquired the property at a fraction of construction cost and market value from a local bank that had foreclosed on the villas. The firm has found limited competition in the Caribbean due to a lack of investment funds active in the region.