883538 | Building Plot, , Newton's Cay,
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Port St George Founders Plots

Beautiful Long Island, Bahamas, freehold building lots with planning permission on a serviced estate. Comes with a separate Right to Buy agreement, granting the holder discount on a 1/3rd acre lot, with consents for up to 4 dwellings, in Port St George.

Lifestyle Activities

Resort, Marina, Golf, Spa, Rural, Development

Amenities & Services

Management

Building Characteristics

Freehold, Sea View

Property Features

Views

Investment Features

Discounted Price

Full Description

Now 95% sold out, just a small number of lots remain in the Port St George Founder's Programme on Long Island, Bahamas. This is a stunning Caribbean island that has the best of both worlds - rugged Atlantic Beaches on one side and tranquil Caribbean bays on the other.

 The Project

Port St George will be a 920 acre master-planned development, blending a 5 star luxury Langham Place hotel and Spa, 640 slip marina, Robert Trent Jones II Golf Course and Country Club, commercial and retail space.

A heavyweight team has been assembled to push the project forwards: BDO  Investment Management are investment advisers, EDSA (Disney Resorts and Atlantis at Nassau) are responsible for the master plan, Islands by Design are the environmental consultants, Mott MacDonald Group (Heathrow Terminal 5, Cross rail, Dubai Sports City) are the project planners and SB Architects (Ritz Carlton, Raffles, Marriott, Hard Rock Hotel) will be responsible for the property designs, Langham Hotels International has signed a 25 year management contract to be the luxury hotel operator and IMG have been appointed to manage the Robert Trent Jones II Golf Course.

 What am I buying?

The remaining lots from the original availability list, all of which have views, for example over the new development or over the Caribbean or Atlantic Ocean have planning permission to build at least 1 dwelling. Plots over 1/3 acre, have planning permission for up to 4 dwellings, either as one large building or up to 4 linked buildings and one or two larger plots have permission for up to 8 dwellings. With funding available in the Bahamas for construction and existing approved plans available for several different types of dwellings, construction can begin almost immediately.

 Lock in more profits with a right to buy

Each lot comes with the right to buy a plot in the proposed new development at Port St George at a fixed price of $320,000. Current comparisons project that these plots will be valued at anywhere up to $1 million at the exercise point for the right to buy.

 100% buyback option for the next 5 investors

If you choose to exercise your right to buy in Port St George, the developer will contract to buy back your founder plot for 100% of the price you pay, effectively allowing you to roll your capital into the flagship project and secure a prime property for minimal outlay. This offer is only available to the next 5 customers that buy through TheMoveChannel.com.

With nearly 300 investors already enrolled in the Founder's Programme, this is the last opportunity to take advantage of early investment into Long Island's premier resort.

 

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Property information

Property ID:   883538
Location:  Newton's Cay, Long Island, Bahamas
Property Sector: Land
  • Building Plot
Price: USD 90,000
Key Selling Points:
  • Freehold lots with beautiful island or ocean views
  • Adjacent to the proposed 5 star luxury master-planned development
  • Project fully approved by Bahamas government
  • Planning permission for 4 dwellings on lots over 1/3 acre
  • Construction finance available in Bahamas
  • Lots come with a right to buy in Port St. George at heavily discounted price
  • 100% buyback option of original lot for the next 5 investors
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