Apartments-Flats For Sale 2 bed in George Town Exuma and Cays Bahamas find George Town properties. 1. Leaseback Purchase- Leasebacks work in a very simple way... you buy an apartment, and then simply agree to, 'lease it back' to the on-site management company for year round rentals (you buy it freehold, so you own the apartment from day one). The management company is already appointed and everything is administered for you from the outset. it is leased back for a fixed period, normally 3 years, after which you can either: exit the lease or renew it with the management company. in return for allowing them to market it for year round rentals, the management company will pay you a guaranteed yield, 4% of the price paid for the apartment.in addition to this, you can benefit from zero capital gains in The Bahamas and zero income and inheritance tax. Payments 10% deposit required at reservation, 80% over 24 months 10% at completion
2. Simple purchase for own use. 11 x equal payments and last payment at takeover completion - 10% deposit required and staged payments throughout construction
Description . Great Exuma and the chain of islands and cays that surrounds it, is one of the prettiest in The Bahamas and is well known for its beautiful turquoise waters and clean white sandy beaches. Bone fishing and sailing are the main activities on the island but also it has some of the best diving in the world. A short flight from Nassau (20 mins) or Miami and Fort Lauderdale in Florida just over an hour away you are never far from anywhere. “The Pirates of The Caribbean” and “Thunderball” were filmed here and in the Exuma Cays and many well known actors including Johnny Depp have private residences in the cays which is now designated a protected park. 356 islands make up the Exuma Cays one for every day of the year, where you can relax and enjoy complete privacy
When it comes to beautiful, breath-taking beaches, the Exumas offer some of the most beautiful shores on earth. Exuma beaches boast miles upon miles of pristine, white, sandy shores and the gentle waters lap at your feet in a veritable kaleidoscope of electric blues and sparkling jades. Because of Exuma’s sub-tropical climate, the temperature of the water is always ideal for a dip, a sail, or any other favorite water activity.Its’ hard to capture the true magic of Exuma on film the only way is to experience it for yourself, many come here and never leave.
The island which was once a slave territory now boasts, The Sandals resort, many different smaller boutique hotels and 2nd home owners vacation properties. The capital George Town is centred around a lagoon and is the hub of the island with banks, shops, hotel and governement buildings. The island has full modern facilties and a completely laid back way of life. Only 60 miles in length reaching from end to end by one main highway. To the north is the airport and The Sandals resort, Oceania Heights and new Rokker point development and at its very tip is Barreterre which is completely untouched. To the south is Palm Bay resort, Peace and Plenty beach club and George Town, on from there further down the island is February Point, Crab Cay and Little Exuma with the tropic of Cancer beaches which are breathtakingly beautiful. all of these places can be googled for you to see the type of residences that are already on the island.
The Pagoda Place apartments are situated next to a beautiful natural lake full with wildlife and minature turtles. The whole area is very peaceful and secluded and for all of the owners complete privacy as the complex is completely secure with entrances only through the garage and gardens through security entrance. Just a few minutes walk is one of the beautiful white sandy beach that is the private beach for the subdivision of Bahama Sound 18. The picture is above, miles upon miles of beach and crystal blue sea. The complex will offer a communal swimming pool, landscaped gardens, gym and full service facilities to include telephone,hi speed internet, and cable TV. Garages for private parking are located under the building. The capital George town is a short 5 minute drive. Bars and restaurants are scattered throughout the island and presently the nearest is a 10 min walk., but with Tiki bar on site for residents use its just a few steps from your apartment
A short 10 mins drive to the International airport of Exuma where you can catch a flight to. the USA, Nassau and Cuba. Exuma is just over an hour from the USA and 40 minutes to Nassau. Its perfect for long term living, part-time or weekend residence.
Tourism –
Tourism is largely made up from US, Canadian and English nationalities, who visit on a regular basis over 12 months of the year. Large groups come for deep sea fishing and diving, many couples get married and spend their honeymoons on the island. The average nightly rental charge on the island varies from $200 per night - $700 per night for a 1 bed apartment. There is a distinct lack of quality accommodation on the island at present and once the apartments are constructed they should enjoy a healthy income from rentals most of the year round. Full rental services are available to all buyers who wish to rent out their apartment
Block A (left) 1st phase consists of 10 apartments all 2 bed, 2 bath. .Each apartment will include kitchen appliances and air conditioning.
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