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Details For sale by the Bank - Gated community opposite the beach in the West of New Providence (Nassau)

Description Love Beach - Bahamas Ocean- view project under distress, owners cannot complete and it is now offered for sale as one bulk sale to a developer or individual homes to property buyers. Comprising of: 5 houses of 3500sqft each unit with 3-4 beds, 3.5 baths and a separate guest studio. All units have good ocean views and access to beach across the road and feature double garages and separate storage. The development is gated for security and has some landscaping in place. House 1 in the picture is completed and ready for sale market price is valued at $975,000 in present condition without the other houses being finished. Once homes are all finished the market value for each one will be approximately $1.250.000. House 2 is also completed.market price is valued at $975,000. Sea views from lounge and top floor balcony. House 3 is almost completed, needs interior finishes and windows,doors and garage doors Each home has sea views from top floor balcony and lounge area House 4 is the same House 5 is the same. Homes 3,4 and 5 will be completed for individual buyers to the same condition as home 1 and 2. all for sale at $975,000 each

Features of each villa: Solid wooden entrance doors open onto a interior patio with 6 people jacuzzi and landscaped gardens, Rustic terracotta tiles on patio and entrance. Separate studio with kitchenette and bathroom to one side and entrance to the main house with marble floors, solid wood kitchen doors and granite worktops. Sea views from lounge areas on all houses. Downstairs WC and entrance to double garage. Upstairs to master suite overlooking the sea and large balcony, master bathroom has double bath overlooking the sea through a picture window and two sink suite. Across the floor is bedroom 2 and 3 this is presently one large room that can be divided into two bedrooms both double with ensuite bathrooms or can be kept as one large bedroom.sea views from this room also.

This is a good opportunity for.an individual homeowner buying in the best area of the island at well below market value. This is a great location being close to the airport and 20 mins from downtown Nassau. A few minutes away is the well known development of Old Fort Bay and Lyford Cay. These homes will rent easily long term for $4000 a month net $48,000 per annum. Financing may be possible for eligible buyers through the foreclosing bank. Contact us for more details

Location

map of love beach nassau

Payment Schedule $95,000 holding deposit on each home for individual buyers or for a developer to buy the complete development deposits are held in escrow by a Bahamian lawyer awaiting completion.

Availability All 5 homes are available at present

 

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