| Location
|
| Situated on the
shores of a beautiful and peaceful, shallow bay, approximately
5 miles North West of Georgetown, and 5 miles from the Exuma
International Airport, and bordering the new Island Club golf
course. With the developing golf complex, the excellent flyfishing
on the adjacent Bonefish flats, and the local facilities, The
Cays provides an ideal location for the purchase of a luxury
investment or holiday home. |
| The
Development |
| The
Development consists of two Phases :- |
| Phase
1 - has been limited to 15 3 Bedroom 3 Bathroom,
single storey, colonial style houses, each set in a plot of
land approximately 9,000 square feet. The properties have been
finished to a high standard, and a number are offered for sale
with full title, including the land that they are constructed
on, and a complete furniture package. |
| Click
on the links below to view the House and Site plans:- |
| Downloads
Require Acrobat Get it here |
 |
Phase
1 Development Plan |
3
Bedroom 3 bathroom House Plan |
| |
|
|
| |
| Phase
2 - consist of
10 duplex buildings, with their own swimming pool and landscaping.
These will contain one 1 bedroom 1 bathroom unit and one 2 bedroom
2 bathroom unit, with 8 ft wide decking to the front. |
| All units will be
sold fully furnished |
| Access to Phase
2 will be via a private road system. |
| Click
on the links below to view the Phase 2 Development Plan, Duplex
Plans.- |
|
| |
| Facilities
|
| Owners
and visitors will benefit from the on site facilities,
which will be provided inclusive to purchase, and will
initially consist of :- |
| |
Internal driveways
from the property entrance |
| |
Parking facilities |
| |
Swimming Pool |
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Cabana style Bar and Grill
|
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Pathways, connecting all
areas of the development. |
| |
Site landscaping |
| |
Private beach |
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Docking facilities for
shallow water boats |
|
| An
ongoing equitable management fee for the upkeep of these communal
facilities will be raised for each property 1 year after completion
of purchase. |
| Building
Maintenance |
| Property
owners will be offered a building and garden maintenance facility,
or can arrange their own if they so desire. |
| Rental
Service |
| Owners
wishing to rent their properties can take advantage of the rental
service we offer. |
| Finance
and Banking |
| We have made an
International Bank aware of the full details of this project,
and they will be pleased to discuss Personal Banking if you
require these facilities. |
| Legal
|
| We would be pleased
to recommend a Lawyer, who is familiar with the details of this
project |
| Development
Program |
Construction currently
underway of - pathways and roads.
Pool, Bar, Dock and Beach area complete
11 Houses now complete on Phase 1 and currently being rented
for Holidays and Long Term rentals.
Construction currently underway of - further 3 homes
Phase 2 Infrastructure Starting
Orders now being taken for further purchases |
| Purchaser
Closing Costs |
House
and Land Purchase - Costs on request
Purchaser Lawyer fees - Typically 2.5% of purchase price
Stamp Duty - Typically 8%
Property Tax - 1% per annum
Electricity connection and ongoing consumption costs.
Telephone Services
Garden Planting - We can arrange for this to be done
Communal Area Maintenance - Costs on request
Property Maintenance - Costs on request
Insurance - Optional, but recommended
Details on the statutory requirements for property purchase
in the Bahamas can be found here |
| Our
Construction Responsibilities. |
Preparation
of Contracts
Architectural drawings
Obtaining of Planning consent
Provision of water, electricity, and waste disposal facilitiesPreparation
of Area for construction Construction
and Maintenance of communal facilities
Construction of Houses
House Fixtures and Fittings
Real Estate Agency fees
Vendor Lawyer fees
50% of Stamp Duty
Property tax for retained areas.
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