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The Port St George development is going to be of a very high class and attract the luxury end development and investment.
Comparables on adjacent island show sales of land only Off plan costs of $1,000,000.00 upwards (see Emerald bay resort at Great Exuma or February point at Great Exuma)
Long Island projects “Island Cottages”, are going to provide the following for investors in their properties-
- Long term rental opportunity to the development staff of Port St George and government representatives – 5 to 10 years
- There are only 121 rooms for rent on the entire island. 90% being vacation style and priced for the American market!!
- There is only a very small hotel in the area which costs $160.00 - $1,100 per night accommodation only!
- Very profitable long term rental market for anybody with realistic, local accommodation
- Or, a property/home that will increase in value, year on year during the development of Port St George. Recent valuation states 20% per annum!!
Imagine owning a property adjacent to one of the Bahamas main future luxury holiday destinations, only a stroll from the Atlantic or Bahamian coast line. Being rented out (if you choose) long term then having a holiday home/rental property in a 5-6* environment!!
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| Long Island Projects are proud to present 4 styles of “Island Cottages”. Each unique in its own way.
Layout
Each of the homes are exclusively constructed on individual parcels of land with 1-4 select homes with a shared swimming pool.
Individual
Each Island Cottage has been architect designed to fulfil and maintain the true Bahamian living. Capturing the island breezes and elevated views. Long island is the only island in the Bahamas to have elevated vistas, enabling stunning views of the Atlantic and Caribbean oceans. |
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Choice of location.
Our land inventory is scattered over the un developed area of Stella Maris.
We have Atlantic view and beach views plots available.
The Time is now
For the investors out there, we have land backing onto the proposed golf course (7th Hole) and overlooking the forth coming Marina of Port St George.
These plot locations for your dream home and investment, is expected to increase in value year on year due to the $100,000,000.00 + being invested in Port St George.
Stop press
We are currently, for a limited period, holding the prices, post-planning approval of Port St George, of the “Island Cottages”.
Comparison – A three bedroom property, next to land we have adjacent to the proposed golf course was valued by Christies (Nassau) and advertised on their website for $375,000.00 in March this year. Since the approval of Port St George by the Bahamian government, this property is valued at $750,000.00 + !!!!! |
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