SCOTTSDALE, AZ—Enchantment Group, a hospitality management company focused on resort destinations, and its partners have acquired The Cove, a 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 45 minutes from South Florida. It is serviced by daily flights from Ft. Lauderdale, Miami and Nassau into North Eleuthera and Governor’s Harbour airports. The resort includes seaside villas, cottages and suites, a hilltop infinity pool, open-air sunset bar, gourmet restaurant and sushi bar, and activities like snorkeling, paddle boarding and kayaking. Enchantment Group will also manage the property, potentially building a spa and additional waterfront suite accommodations.
The Cove is the newest addition to the Enchantment Group collection, which also includes Enchantment Resort; Mii amo, a destination spa; and Seven Canyons golf club, all in Sedona, AZ; and the Tides Inn, located on Virginia’s Chesapeake Bay.