 
Looking to 2004...
At H.G. Christie we believe that 2004 will
be a strong year for the property market in the Bahamas.
We are all in a festive mood because it
seems that the market is truly turning around with sales
on the rise in almost every category. Top-of-the-market islands
and resorts, all the way to small single family homes are
now briskly selling. Properties that have been sitting on
the market for some time now had two or three buyers vie
for them, and they are getting sold.
What does this mean for you?
This movement will most likely signify
the change from a buyers' market to a sellers' market.
If you have been thinking about buying
a house, it means that any deals that were around are going
to be fewer and farther between. Now is the time to catch
the property at its current levels before the property prices
increase. This also means less homes on the market and therefore
the prices will increase.
As well, there are a number of new developments
in the islands coming on stream, signaling a new level of
luxury real estate at a level that has never been seen before
in the Bahamas.
On the 14th of December the prime minister
of The Bahamas opened the Four Seasons Resort in
Exuma. (our listing #4662). This is the first resort of its
type for over 30 years to open its door in the out islands.
And there are more to follow. The Abaco
Club on Winding Bay, Abaco is off to a great start,
building one of the finest links golf courses anywhere
in the world with large beach front and waterfront lots
for sale set in a pristine island-like setting (our listing
5102)
Also on Exuma, the ultimate Retreat
of Crab Cay is coming online. This island will
offer super exclusive yet natural lifestyles destined to
be unsurpassed anywhere in The Bahamas with a Mega yacht
marina and Club, super large estate lots of 2 to 4 acres,
five star service all only minutes from George Town by
custom Hinkley Ferry. For more details on Crab Cay please
contact me at john@hgchristie.com.
On Eleuthera, Club Med was also sold and
will be transformed into "French Leave",
(The former name of the property). In an unbelievable setting,
with one of the most amazing beaches in The Bahamas, French
Leave will offer Luxury villas with a five star
resort, located within walking distance of the quaint and
historic Governors Harbour.
For more information on any of these amazing
new Out Island properties please drop us a line at sales@hgchristie.com.
We take this opportunity to thank you for
your patronage in the last year, and to wish you the best
of fortunes in the upcoming 2004.
Best regards,
John Christie, VP
H.G. Christie, Ltd.
john@HGChristie.com
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