Full Description

Good size apartment at an exceptional price. Small privately managed development in gated sub division only one minute to beach. Staged payments and Guaranteed rental return 7.5% for 2 years with option to extend. Property in this area rents for $1,000 a week in the season. If the property was rented for only 6 months a year. at this price (Less 15% management)net income = $22,100 equivilant to almost 12%. However, the management company are prepared to offer a 7.5% rental guarantee, enough to cover a mortgage. BAHAMAS - The Bahamas There are over 700 islands in The Bahamas; Great Exuma is part of a chain of 365 cays. With a pleasant year-round climate, Exuma is largely geographically protected from hurricanes. July and August are the hottest and wettest months. The warm turquoise waters are the perfect place for sailing, swimming, snorkelling, scuba diving, island-hopping, beachcombing, bonefishing or simply relaxing. The tax haven status of the Bahamas has made the islands a wise place to invest. There are no capital gains, income or inheritance taxes. Purchasing a property in the Bahamas entitles you to apply for a "homeowners card", allowing you to reside in your property for as much of the year as you like. The Bahamas are like a home away from home, where English is the national language, and cars drive on the left hand side of the road. A bank account is easily opened, with several to choose from on the island. More Property options in the Bahamas available