Private Islands
Everyone dreams of their own island, and it seems that this
year, the dream is becoming easier.
An unprecedented number of islands are
now on the market ranging from an 870 acre private paradise
in sunny
Anguilla
to one acre gems in the Abacos. It seems there is an island
in the Bahamas for just about every dream.
There is much about a private island that
is very attractive to the lover of warm climate and sunshine.
The thought of having your own special hideaway, your own
kingdom far from
the rest of the world is very appealing.
Contrary to popular opinion, owning a private
island is as straightforward as purchasing a piece of
land anywhere in the Bahamas. There are no special rules
or regulations, and an island can be purchased by a foreign
client just as readily as by a domestic resident.
Some of the islands we offer are turn-key,
ready for relaxed living, like exceptional Wild Tamerind
Cay (HGChristie
Listing 4194). This 35-acre self-sustaining island
is idyllic, with a compound of homes, incredible beaches,
well-constructed
docks, and virtually everything needed to effectively vanish
off the grid.
Others islands are in prime position
for development, with postcard-perfect secluded sandy beaches
and miles of
turquoise
Bahamas waters. We recommend that developers looks seriously
at Pimlico Island (HGChristie
Listing 3575) where 80 lots with water on both
sides can be placed, or 363-acre Ruddercut Cay (HGChristie
Listing 3252) 35 miles north of Georgetown,
Exuma, with pre-constructed landing strip, and 15 acre
harbour.
I don't want to miss mentioning locations
that we consider to be tremendous deals, like Cabbage Cay
(HGChristie
Listing 3395), just minutes from Harbour Island.
Priced at about $25,000 an acre, this island is an ideal
location for an island fishing
lodge or retreat resort. Also considered a bargain,
For further information about these or
any other island opportunities, please contact me at 242
322-1041 or by email at John@HGChristie.com. Banks Re-enter
Sometimes changes come slowly on islands,
but in the case of the modern Bahamas, change happens constantly.
Many of the smaller banks and companies left the Bahamas
after the change in banking regulations and financial precautions
became more stringent with the legislation of December 30,
2000. These measures included changes to the banks and trust
companies regulations, financial transactions reporting, and
international cooperation toward criminal justice.
As a result, there admittedly were
some difficulties experienced in the Bahamas marketplace
while
the economy
readjusted to a level of financial reporting considered
as responsible by international standards. The slowdowns
now appear to be over, and stronger, more stable financial
institutions
are once
again
finding
the
Bahamas
to be a desirable place in which to do business.
As a result, we are experiencing a
strong resurgence in commercial rentals brought about by
the entry
of several
new banks. There has been such a strong uptake that we now
see the likelihood of a shortage of space within the next
six months to a year.
For information about new commercial
locations that may come available, please review current
listings on our HGChristie.com website
and stay in touch with our commercial specialists in Freeport and Nassau.
Best regards,
John Christie, VP
H.G. Christie, Ltd.
john@HGChristie.com
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