Premiere Estates Auction Company Extends The Date For Its Unprecedented Luxury Caribbean Auction

MANHATTAN BEACH, Calif. - June 20, 2015 - PRLog -- Bidders’ strong response to the world’s first Luxury Caribbean Basin multi-property auction has prompted Premiere Estates Auction Company to extend the auction date. The auction will be held via sealed bid on August 4, 2015.

Thomas “Tuvia” Sablosky, Managing Director of the International Division of Premiere Estates explains: “Given the size, diversity of locations, and magnitude of the properties for sale in this auction, we have extended the auction date. This will provide our potential Buyers sufficient time to do their due diligence and conduct their property inspections”.

Premiere Estates Auction Company is continuing its global marketing campaign to locate the most qualified buyers and investors. "We have received multiple international inquires about the offered properties and seriously interested parties are requesting more time to complete their due diligence. Because of these properties’ foreign location and immense development potential, we want to accommodate bidders with additional time to properly determine their bids. The Sellers of the properties are motivated to sell, and will accept market value for these investment development opportunities." says Ed Kaminsky, President of Premiere Estates Auction Company.

The impressive portfolio of properties includes the following offerings:

Cabo Rojo, Puerto Rico: Remarkable 507-acre master planned destination resort property overlooking Boqueron Bay in Cabo Rojo on Puerto Rico's southwest coastline. Offered in conjunction with Marie Dexter – Resort Development Consultants, Inc., Moreno Habif – Fortune International Realty, and Tim Elmes – Coldwell Banker Previews International Residential Real Estate.

Selva Nueva, Costa Rica: A 3,200+ acre incredible beachfront property (including over 2% of the world's biodiversity) on the west coast of Costa Rica. Offered in conjunction with Robert Davey - Plantacion Properties the Exclusive Affiliate of Christie's International Real Estate.

Cooper Jack Marina, Turks and Caicos: A 50-acre Ocean front, mixed use development opportunity on the south side of Providenciales, the most populated of the Turks and Caicos Islands. Offered in conjunction with Grace Lappin – Avalon Partners.

Discovery Bay, Puerto Rico: A 210-acre master planned resort and marina property located on Aguadilla Bay on Puerto Rico's west coast. Offered in conjunction with Marie Dexter – Resort Development Consultants, Inc. and Moreno Habif – Fortune International Realty.

Corozal, Belize: Over 8,493 acres listed at $21 Million nestled on the beautiful and vibrant coast of Belize. Offered in conjunction with Brittany McCann – Belize Sotheby's International Realty.

Bolton Bank, Belize: A 4,000+ acre waterfront mixed-use resort hotel, residential, and commercial land development located in Belize City. Offered in conjunction with Grace Lappin – Avalon Partners.

Southwest Ranches, Florida, USA: Remarkable 48-acre equestrian estate located in Southwest Ranches, Florida that was originally listed for $32 Million. Estate is located just minutes from what will soon be the largest mall and tourist attraction in America. Offered in conjunction with Giselle Bonetti – Coldwell Banker Previews International Residential Real Estate.

An unprecedented endeavor, Premiere Estates Auction Company is bringing $190 Million worth of collective inventory for sale this summer. "Premiere Estates is a solutions based company, seeking to offer unique solutions to our worldwide clientele. Allowing a specific global region to showcase its finest properties on sale allows potential buyers and investors the opportunity for a singular location to shop for the best properties for their individual endeavors," remarks Mr. Sablosky.

For more information about the Caribbean Auction, including full property profiles, photography, and auction information, please visit www.TheCaribbeanAuction.com.

Premiere Estates Auction Company (www.PremiereEstates.com) and its corporate family of companies are nationwide leaders in high-end luxury real estate auctions, real estate marketing, and brokerage sales. Headquartered in Los Angeles and with offices in San Francisco, New York, Chicago, and London, the companies have over 2,900 alliances partners in 46 states including Sotheby's, Intero Real Estate, Prudential, Christie's, and many others. Corporate clients include major institutions, Fortune 500 companies, family offices, and trust companies.