Shrimp Hole, Long Island, Bahamas
Once in a blue moon, an opportunity comes along that should not be missed. To own property in The Bahamas is often a dream that many people cannot realise, real estate here is notoriously expensive. But with the new legislation, now it is within your reach…
Long Island has just been designated a duty free zone, allowing buyers to purchase land for construction without having to pay duty on any building materials, so a home normally costing $200,000 to build can now be constructed for 34% less. It is a huge incentive offered by The Bahamian Government to bring investors to the outer islands and design and build their dream properties.
We are now pleased to offer to you ……Shrimp Hole, a new community situated on the North Side of Long Island, close to Clarence Town, the capital.
The lots are located just off the main highway that runs the length of the 80 mile island and are within a short walking distance to a beautiful white sandy beach with turquoise waters lapping at its shores. For sale as 1/4 acre plots,(more can be purchased if required) and zoned for homes and villas, single or double storey. (named Shrimp Hole because at the entrance to the community it has a natural opening that shimmers pink where a large number of wild shrimp breed and flourish).
Shrimp Hole is currently sliced into three phases Phase A, now open has 44, ¼ plots for sale starting at $14,000 - $20,000 with 44 being the closest to the sea. Each plot is flat, with good drainage and has great access to the beach and highway that runs the length of Long Island. Each owner is entitled to build a home without time limits, but once you start construction you must finish within 18 months.
About Long Island, Bahamas
Like going back in time, beautiful and tranquil is how many describe Long Island and to prove it, it has one of the highest return visitor rate in the Bahamas, people just cannot get enough of this treasure... The simple island life is evident, a great place to get away from everything and enjoy: Great Fishing, superb diving. adrenaline rush shark dives, caves to explore and the famous Blue Holes, are just some of the attractions that visitors enjoy.
For years it has been a well kept secret and with the current legislation that alllows all land buyers to build on their plots with having to pay the customs duty on their building materials, now is the time to buy a piece of it and construct. Inevitably the island will start to get busier and prices will rise.. The Duty free status is on the island NOW and it is a window of opportunity that will only last a short time….
Although Long Island is 80 miles long, it is very narrow—no more than four miles at its widest point. The island is divided by the stunning Tropic of Cancer and gives miles of empty beaches on one side and bays with private beaches and a rocky coastline to explore on the other.
Clarence Town – the nearest town to Shrimp Hole, has the island's prettiest harbour and is home to the local Government buildings. It is noted for its twin churches, and shops, harbour bar restaurant and beach. Just south of the town is Salt Pond where the annual Sailing regatta is held and a beautful double bay with great scenery,safe swimming and occasional body surfing. It is the first port of call for all your daily needs.
Endless beautiful beaches are plentiful in Long island. The famous Dean’s Blue Hole is well worth exploring -It's Also The world's second largest underwater cavern.
Economy
In the past few years there have been a boom in developments throughout the island and now more people are taking advantage of the duty free status and building or buying beautiful properties. Currently there are a few very large developments being planned for Long Island including a Multi-Million Dollar Resort and many smaller projects. Long Island is considered to be one of Columbus' early stops, probably his third, after San Salvador and Rum Cay. Indians supposedly called it "Yuma" and Columbus named it "Fernandina" after his mentor in Spain. Loyalists from Carolina settled here in 1790 with their slaves. They built vast plantations, which thrived briefly growing sea-island cotton, but the abolition of slavery made them unprofitable.
Today many of the Loyalist mansions stand in skeletal form etched against the sky. Although the plantations are no more, agriculture is still very much a part of the life there. Some
Long Islanders still engage in pot-hole farming, which involves planting in fertile holes. From these an abundance of peas, corn, pineapples and bananas are grown. Raising sheep, goats and pigs also provides a living for some of the people. Long Island is famous for its vegetables and cattle, and supplies most of the farm goods to the other outer islands. Long Islander’s main source of income comes from Fishing and Construction. Crawfishing is a very lucrative industry for most of the people on the island. It is a multi-billion dollar industry in the Bahamas. Tourism is also now becoming a great economic boost for the island as more and more people are discovering its beautiful shores.
Climate
Usually Long Island has a temperate climate and temperatures could range from 80-90 degrees Fahrenheit during summer months and 70-80 degreesduring winter months with high humidity. Hurricane season runs from June –September and Long Island has never experienced a direct hit but is subject to tropical storms during this time and it is known as the rainy season.
Getting there
The two small airports currently only service flights from Nassau and Great Exuma, but are set for expansion to allow international flights from the USA to arrive. By boat from its neighbouring island Great Exuma takes 2 hours.
How to buy
Contractors,architects and lawyers are all available to help you design and build your new property. Each lot is sold free of liens and encumbrances and is freehold in title. The owner is a local Long Islander born and bred and has lived all his life on the island and will make himself available to all buyers for all aftersales help needed.
Contact Us for more information
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