Being constructed by Worldwide PropertyShop Ltd in conjunction with Rodney Burrows Construction Ltd

Great Exuma, is best known as a yachtsman's paradise. If you have never been to this idyllic place, make sure you do. Great Exuma is one of the last places that you can sit on a white sand beach miles long and be the only person there. Renowned for its Crystal waters and protected sealife. Great Exuma still has the charm that is lost forever in the modern world. Relaxed and peaceful, yet only 1 hour from Miami Florida, it is definitely the place to recharge your batteries. There is still plenty to do on Exuma, boats,fishing,diving,kite boarding or a round of Golf at the Four Seasons Golf Resort.

Blue Mango is set to become the only Adult only community on the island. A small exclusive resort with only 10 apartments on the development. 1 and 2 bed properties. All 1 bed units are on the ground floor with their own private garden with tropical splash pool. The two beds feature a spiral staircase into a master suite with ensuite bathroom and terrace with sea views. The communal gardens will have a tropical swimming pool with feature waterfalls and jacuzzi. Bar and deck area where each owner will have their own refridgerator to help themselves to cool Kalik beers.

Each owner has access to the private deeded beach just 5 mins walk. George Town the capital is 5 mins drive away.

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Features

1 Bed / 1 Bath Only $280,000/£140,000

2 Bed /2 Bath Only $410,000/£205,000

A $20,000 Reservation Deposit Secures Your apartment and is held in escrow

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 $20,000 which goes to an Escrow Account until permits are passed through.(If the permits are refused you receive a full refund). Once the permits are issued the contracts will be issued and construction can begin. With an 18 month construction period the units are predicted to be ready mid 2010.

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

$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

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

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

70% 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.

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 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