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Pictures

proposed location

Actual Location

Location Abaco Island, Bahamas
Description

Exclusive to Worldwide Property Shop Limited in the UK

Do you want to live next to one of the best beaches in the world - providing Luxury with top class golf close by and boat docks for your yacht - Live in another world - far far away from the rat race and let the stress of modern living melt away.Abaco, the second largest island in The Bahamas, is best known as a yachtsman's paradise. Abaco and its cays are scattered over 130 square miles of aquamarine water. Its two major islands, Great and Little Abaco, have a myriad of small cays flanking the mainland. The sea channel between the islands allows for good cruising. Abaco, located in the northern Bahamas, its waters abound with fish, including the marlin and sailfish. It also has bonefishing flats.

Treasure Cay beach is 3.5 miles in length and has been voted one of the top 10 beaches in the World with white powder sand leading you to the warm turquoise crystal clear water. Within walking distance of the resort is the award winning 18 Hole Championship Golf Course voted the "Best in the Bahamas". There is something here for everyone. Treasure Cay offers just about every amenity you would normally find in a small town, including hotels, medical services, a library and museum, police station, grocery and liquor store, bank with ATM, car rentals, as well as plenty of shops, restaurants and dive outfitters.This beautiful resort is just minutes away from Treasure Cay and all it has to offer the perfect spot for world-class fishing, diving, snorkeling, tennis, boating, windsurfing, golfing, island hopping, dining, swimming or just relaxing in the sun

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Highlights 2 bedroom / 2 bath Condominiums and seventeen 3 bedroom / 3 bath Condominiums. Ranging in size from just over 1000sqft (110 sqm) to over 1400 sqft (145sqm), the accommodations will be luxurious. Every home will have a Private Deep Water Dock to accommodate yachts up to 65ft in length. There will also be two private swimming pools for the exclusive use of the owners and their guests. The development will feature local Bahamian architecture and every unit will enjoy unspoiled views across the water. Uniquely located on the peninsula that forms the entrance to the Treasure Cay Marina. Take this opportunity to purchase a piece of paradise with savings on already low pricing for pre-construction purchase. 

Features Each condominium will be situated within a lush tropical landscape with direct water frontage on the crystal blue waters of the Treasure Cay Lagoon leading directly out to the Sea Of Abaco and beyond to the Atlantic Ocean. Every condo has it's own Private Deep Water Dock to accommodate yachts up to 65ft in length- Boat docks start from $28,000 and need to be reserved separately.

2 Bedroom / 2 Bath and 3 Bedroom / 3 Bath condominiums. They share the same floor plan with the addition of a "loft" creating the 3rd bed / bath in the 1st floor units. Ranging from 1034sqft to 1452sqft.

2 beds on the ground floor and 3 beds on the top floor

2 Bed / 2 Bath Only $529,000 inclusive of 12.5% legal fees

3 Bed / 3 Bath Only $595,000 inclusive of 12.5% legal fees

A $15,000 Reservation Deposit Secures Your Condo and is held in escrow

ONLY 15 UNITS LEFT Phase 1 and 2 Sold Out

Unit 11,13,23,25,27,29,31 - all 2 bed/2 bath units ground floor units

Unit 22,24,26,28,30 - 3 Bed / 3 Bath top floor units

Investors and owners will enjoy the Tax Free Income from the Rental Program set up for the resort Owners knowing that the Bahamas has No Sales Tax, No Income Tax, No Inheritance Tax and No Corporation Tax.

Payment process

To Reserve your property now you can reserve a unit with just $15,000 which goes to an Escrow Account until construction is started.

Payment Terms

10% at contract

10% when foundations are poured

30% When the Structure is completed

30% when the Roof goes on

10% When the unit is completed

5% When the certificate of occupancy is issued

5% at closing

White goods included in the price

$6500 Community charges to cover property maintenance,pool and garden landscaping

12.5% legal closing costs to be added to the purchase price

Rental Income

All units are put into a rental pool the management company fees are 35% for full rental managment including meet and greet and looking after clients during their stay

3 bed units achieve $2000 a week based on 36 weeks rental = $72,000

2 bed units achieve $1600 a week based on 36 weeks rental = $57,600

60% mortgages are possible at 8% interest with a local bank- Mortgages take time to process in the Bahamas so it is necessary to start this procedure directly as contracts are signed in the beginning.

Docks for boats are available and charged according to the beam width

12ft - $24,000 16ft -$32,000 22ft - $44,000

Site plan

Floor plans

Furniture Packages we offer a full "Turn Key Options" service. Everything you need for you home can be included in your purchase. From simple items such as towels, bed linens, kitchenware and blinds to your choice of Cabinetry, Furniture, Granite, Tile and even a Golf Cart can all be coordinated for you. A "Design Coordinator" will work with you every step of the way to ensure you have everything you need in place when you are handed the keys to your beautiful new home. 2 beds $41,000 and 3 beds $46,000

Progress Construction has started

Pineapple point

pineapple point November 2007

pineapple point

Choose your interior
Our well appointed kitchens feature a choice of the following four custom cabinet finishes. Our Design Coordinator will assist you with your selections.



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