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Rum Cay Resort, Bahamas
Date & Time Listed: 2014-06-11 14:04:28 (GMT)
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Ad Details:
Marketed by MBI (Surveyors) Limited. Contact mattbrooks@mbiproperty.co.uk
The tropical island of Rum Cay is part of the world renown Family Islands within the Commonwealth of the Bahamas. The resort and spa is located on 15 acres of beach property on the southern boundary of the main resort. Initially this will consist of 128 luxury freehold beach cottages, situated around a central Beach Club. The Beach Club incorporates a Restaurant / Bar, Spa, Gym, Infinity Pools, Shop, Business Centre, TV Theatre and Games Room. Importantly, the airstrip has already been extended on the island to accommodate this new resort. UK flights also fly into the nearby island of Nassau 5 days per week.
Freehold Beach Cottage prices start at £93,750. Deposits are as low as 30%. There is a cooling-off period, without penalty. The remaining payment is made by way of a 'Deferred Payment Plan' (non-status) over 5, 10 or 15 years. Examples are available on request.
Payments are not due until the Resort opens (Phase 1 is expected to be completed September 2015), and until rental payments begin for those purchasers who wish to buy under an alternative 'Rental Option'.
There is an affordable service charge payable which again is factored into the examples that we can make available to interested parties.
These cottages should therefore be viewed as a relatively hands off 'hotel'-type investment, as the service charge covers daily cleaning of the cottage when in occupation, as well as the grounds of the resort.
For added peace of mind, and to endorse the confidence that our client has in their development, purchasers can take advantage of a 5 year 'Put & Call Option Agreement'. This guarantee provides purchasers with the absolute peace of mind held within an irrevocable return of up to 200% of an early purchasers cash outlay (being 20% per year). Further details on request. Only available for those properties purchased now and off-plan.
Full plans, photographs, contract documentation and worked finance examples by contacting us.
Other Details:
Number of Bedrooms: 1
Number of Bathrooms: 1
Price: 93,750.00 GBP
Keywords:
Bahamas, 1 or 2 bedrooms, Cottages, Sea front, Investment, Income
For more details about this listing please click here to access the webpage provided by listing owner.
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