 | 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 there 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 facilities 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.
The Pagoda Place apartments site is situated next to a beautiful natural lake filled with wildlife and turtles. The whole area is very peaceful and secluded and for all of the owners complete privacy as the complex will be completely secure with entrances only through the garage and gardens through intercom. Just around the corner there is a beautiful white sandy beach.
The complex will offer a communal swimming pool, landscaped gardens, gym and full service facilities to include telephone, high speed internet, and cable TV. Garages for private parking are located under the building. The capital George town is a short 5 minute drive. Bars and restaurants are scattered throughout the island and presently the nearest is a 10 min walk.
A short 10 mins drive to the International airport of Exuma where you can catch a flight to the USA, Nassau and Cuba. Exuma is just over an hour from the USA and 40 minutes to Nassau.
Tourism is largely made up of US, Canadian and English nationalities, who visit on a regular basis over 12 months of the year. Large groups come for deep sea fishing and diving, many couples get married and spend their honeymoons on the island.
The average nightly rental charge on the island varies from $200 per night - $700 per night for a 1 bed apartment. There is a distinct lack of quality accommodation on the island at present and once the apartments are constructed they should enjoy a healthy income from rentals most of the year round. Full rental services are available to all buyers who wish to rent out their apartment
Block A (left) 1st phase consists of 10 apartments all 2 bed, 2 bath. Each apartment will include kitchen appliances and air conditioning. Furniture is not included unless by request and an extra payment of $30,000 is to be included into the purchase price and will include customs duty.
Pricing and Availability
unit 101 2 bed 2bath $277,550
unit 201 2 bed 2 bath $239,750
unit 301 2 bed 2 bath $239,750
unit 401 2 bed 2 bath $239.750
unit 501 2 bed 2 bath $277,550
top floor unit 601 2 bed 2 bath $292,617
top floor unit 701 2 bed 2 bath $252,800
top floor unit 801 2 bed 2 bath $252,800
top floor unit 901 2 bed 2 bath $252,800
top floor unit 1010 2 bed 2 bath $292,617
Payment Schedule
Owner financing is available. Reserve with a 10 % deposit.
Option A Cash purchase is available with 12 stage payments and a 5% discount overall.
Option B $15,000 deposit and payments over 24 months collected bi monthly with a 5% interest.
Option C No money down with payments spread over 36 months collected bi monthly with a 8% interest
Annual Maintenance Fee is $300 per month. Rental income is based on current nightly charges achieved on the island - based on 8 months occupancy 2 bed @ $150 -$200 a night mid season figures On-site rental management -20% from rental Income. Long term rental is possible with the apartments achieving $1600 a month upwards. |
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