Enchantment Group Acquires The Cove Resort in Eleuthera, Bahamas

Enchantment Group | April 28, 2015

Enchantment Group will also manage the property, potentially building a spa and additional waterfront suite accommodations. SCOTTSDALE, Ariz., April 28, 2015 -- Enchantment Group, a hospitality management company focused on resort destinations, announced today that, with their partners, they have acquired The Cove, a luxury beachfront resort on the Bahamian island of Eleuthera, from New Orleans-based businessman Sidney D. Torres, IV and IV Capital. The 40-acre property, located on the island's northern end on the Caribbean Sea, is just 45 minutes from South Florida. It is serviced by daily flights from Ft. Lauderdale, Miami and Nassau ...