Bahamas Property for Sale
Long Island Lots and Exuma Apartments

LONG ISLAND - Plots for Sale

Like going back in time, beautiful and tranquil is how many describe Long Island, and to prove it, it has one of the highest return visitor rates in the Bahamas. People just cannot get enough of this treasure. The simple island life is evident - a great place to get away from everything and enjoy. Great fishing, superb diving, adrenaline rush shark dives, caves to explore and the famous Blue Holes, are only some of the many attractions that visitors enjoy. Everything is available on the island, including cable TV, telephone services and high speed internet connections. For years it has been a well kept secret, and with current legislation permitting purchase of construction materials minus the customs duty, now is the perfect time to buy a piece of paradise and make a huge saving when designing and building your dream home in the Bahamas.

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The small airports which currently only serve flights from Nassau and Great Exuma are set for expansion to allow international flights from the USA, so inevitably the island will start to get busier and prices will rise, with plots of land and homes becoming increasingly more and more expensive. The duty free status on the island is NOW and it is a window of opportunity that is only open now. Clarence Town is the nearest town to the development and has the island's prettiest harbour and is home to the local government buildings. It is noted for its twin churches, shops, harbour bar restaurant and beach. Just south of the town is Salt Pond, where the annual sailing regatta is held and you'll find a beautiful double bay with great scenery, safe for swimming and occasional body surfing. It is the first port of call for all your daily needs.

Why Invest in Long Island, Bahamas

• The Bahamian Government has recently designated Long Island duty free which saves anyone who wishes to construct a home,  a massive discount of 34% on the price tag of a new home and makes affording a property in The Bahamas well within anyone’s reach. Long Island’s neighbor  island,  Exuma had this duty free status for a period of time also and consequently investors flooded into the island with many homes being constructed by winter residents and to resell or rent out.  The prices of the real estate tripled in less than a year. Long Island is predicted to do exactly the same.
  
  
• Langhams Spa Hotel - A large new resort with an 18 hole golf course, marina for 600 boats and the well know brand of Langhams, who have large 5 star hotels in most major cities of the world will be  operating the hotel in the North of the island  – makes it a safe bet to invest where the big construction companies are also investing their money – this is what we always look for in a new location that is up and coming – who is investing there  - Long Island has 3 major resorts under construction with the Government also spending money on the infrastructure and the airports on the island to expand them to accept flights from the USA.  This all points to massive growth for the island within the next couple of years.
  
  
• In the Bahamas there is no capital gains, no personal income tax or inheritance tax, all the proceeds can be taken straight back out of the country without penalty, or you can live in your house all year round or even part of the year and become resident benefiting not only from living in paradise, but also from tax free income.
  
  
• Long Island is only 1 hour from the Fort Lauderdale, 30 minutes from Nassau by plane, so a short hop and you are back in the hustle and bustle - Long Island is not isolated.
  
  
• All lots have instant building permission for a single dwelling, one or two storey, any size within your boundary, and up to 40ft high – our  architect can design your home or you can bring your plans and get them re-stamped over here, for your build permit, it is a very simple process.  Homes start from $150,000  and stage payments are allowed instead of a regular mortgage for construction costs.
  
  
• Homes once constructed will typically rent for $1500 upwards + utilities per month and if rented weekly between $750-$1500 and  all the income is tax free in The Bahamas.
  
  
• The famous Blue Hole on Long Island is a natural wonder of the world.  At 700 metres it is the world’s deepest blue hole, and it attracts many visitors and tourists to the island typically over a 1000 divers come now every year just to take the plunge and free dive into this spectacular attraction. This figure is expected to triple over the next couple of years as Long Island becomes more open to the world and attracts more tourism. At present Long island struggles for good accommodation to offer all of these visitors, all points to good rental income.

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Buttonwood Richville Development

Deadmans Cay is the largest settlement on Long Island. Well known for the bonefishing flats, Buttonwood Richville is a new development situated on the leeward side overlooking the calm sea and cays in this area. Already with a bonefishing lodge on site the whole area is a well known destination for fishermen who partake in this popular sport.

Each plot is a 1/2 acre in size upwards and all are flat and excellent for building single or double storey homes. There is 11 lots directly onto the water and have fantastic views over the sea and onto the surrounding cays. The lots have the public services of electric, water by well or by city water, Cable and telephone. A few minutes drive away are local shops and gas station and the Deadman's Cay Airport with local flights from Nassau. Access to beaches is either a 10 minute drive away or across by boat to one of the little private cays which are situated just opposite the land. Suitable little boats can be moored easily on the shores of Buttonwood Richville.

Ocean front Lots:
Spectacular ocean views to the cays that lay in front of the land and beautiful coastline views.
OPENING PRICES ½ acre - $80,000, 1 acre -$150,000

Country view lots
OPENING PRICES - 1/2 acre - $35,000 - 1 acre -$60,000

Option A - Cash purchase for the prices quoted above with a deposit of $5000 and the rest paid within 30 days (longer term can be arrange by request)
Option B - $5,000 deposit and then pay over 18 months with a 5% interest per annum
Option C - No Money down and pay over 18 months at 10% interest applied to the payment per annum

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PAGODA PLACE APARTMENTS - EXUMA

The Pagoda Place apartments site is situated next to a beautiful natural lake full with wildlife and miniature turtles. The whole area is very peaceful and secluded thereby ensuring complete privacy. The complex will also be completely secure with entry to the garage and gardens only through intercom. Just around the corner there is a beautiful white sandy beach, and Pagada Place will offer a communal swimming pool, landscaped gardens, gym and full service facilities including 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 and bars and restaurants are scattered throughout the island. The international airport of Exuma is only a short 10 minute drive and you can catch a flight there to the USA, Nassau and Cuba. Exuma is just over an hour from the USA and 40 minutes to Nassau.

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Prices and availability

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Payment Schedule

Owner financing is available.

Option A
Cash purchase is available with 12 stage payments and a 5% discount overall. Reserve with a 10% deposit

Option B
$15,000 deposit and payments over 24 months collected bi monthly with 5% interest

Option C
No money down with payments spread over 36 months collected bi monthly with 8% interest

Time of Completion 2012
Annual Maintenance Fee $300 per month

Onsite rental management is available with long term rentals currently achieving $1600 per month upwards based on 8 months occupancy and current mid-season charging rates for 2 bed apartments.

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About the Exuma Cays

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.

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