TAX-FREE CARIBBEAN BUY-TO-LET INVESTMENT OPPORTUNITY
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1 Assured Rental income TAX-FREE CARIBBEAN BUY-TO-LET INVESTMENT OPPORTUNITY Starfish Isle, Palm Cay, Nassau, Bahamas
2 GATEWAY TO THE 700 ISLANDS OF THE BAHAMAS Palm Cay with 194 boats slips, is one of the largest full service marinas in the Bahamas. Located on the south eastern side of Nassau it is the gateway to Exuma at the centre of the 700 islands of the Bahamas. Palm Cay provides an unmatched quality of life for boaters and families who call Palm Cay home. Invest in a spectacular beach front community in one of the most sought after marina locations in The Bahamas. Starfish Isle, Palm Cay offers a unique opportunity for the overseas investor to acquire prime Caribbean residential real estate. Benefit from world class amenities and receive assured rental returns within a tax-free environment.
3 ASSURED NET RETURNS UP TO 7.5% PA Tenanted new build town homes Fully furnished 3 or 4 bedrooms Parking included World Class amenities with Marina Net rental returns up to 7.5% p.a. (assured for first 12 months) Complimentary 12 months on site property management Complimentary 12 months home insurance Property Owners Association fees paid for 12 months Eligible for Bahamas residency programme From US$650,000 The community benefits from an on-site restaurant, dock side and beach bars, residents clubhouse, tennis courts and children s playground. Palm Cay is just 2 minutes from St Andrews, The International School of the Bahamas and 5 minutes from the local supermarket. Your buy-to-let investment is underpinned by high tenant rental demand from professional families attracted to live and enjoy this enviable Caribbean lifestyle.
4 SPECIFICATION and details MARINA THE CLUBHOUSE WORLD CLASS AMENITIES Private Beach & Pool Marina Private Clubhouse / Restaurant Tennis Courts & Playground Dockside Café & Beach Bar 2 minutes to St Andrews International School 5 minutes to Supermarket A choice of 3 and 4 bedroom tenanted family homes from 2,100-2,400 sq ft set within tropical landscaped gardens. The new build properties are delivered fully furnished with contemporary-style custom kitchens and benefit from dual zone air conditioning. Travertine tiles on the ground floor are complemented with engineered KITCHEN Stainless steel sinks Contemporary-style custom kitchen Granite countertops Travertine Tiles INTERIOR 9 foot ceilings Dual Zone A/C Walk-in closets Travertine tiles ground floor Engineered wood on upper floor Crown molding 6 inch base boards Tel/Cable high-speed internet ready Recessed Lighting Ceiling fans AVAILABLE PROPERTIES wood on the upper floor whist the well-appointed master bedroom comprises ensuite bathroom and walk-in closet. Ample car parking and over 400 sq ft of veranda space with residents swimming pool and a short stroll to your private white sand beach completes this sought-after family community. BATHROOM Designer bath fixtures Walk-in showers and/or bathtubs Granite countertops Kohler toilets Vessel sinks Travertine tiles Double vanity EXTERIOR Spacious balconies Landscaped Gardens Ample parking 24- hour gated and patrolled community Colonial Style windows High impact doors & windows Palm Cay is a private facility. Information is subject to change without notice. All our material is copyright and may not be used without written permission or without the express consent of Palm Cay Developments.
5 BUY-TO-LET INVESTMENT OPPORTUNITIES Starfish Isle, Palm Cay, Nassau, Bahamas Pantone: 376 Pantone: 279 Pantone: Bed 2 1/2 Bath Townhome 2,148 sq ft 4 Bed 3 1/2 Bath Townhome 2,416 sq ft 1401 PROPERTY PRICE (including parking) Furniture Pack TOTAL PURCHASE PRICE ANNUAL RENTAL INCOME GROSS RETURN 1404 / 1403 / 1402 US$650,000 US$40,000 US$690,000 US$60,000 assured for first 12 months 8.7% pa Property Management (10%) No charge for 12 months Property Owners Association Fees No charge for 12 months (worth US$6,675) & Insurance Annual Property Tax US$8,000 NET INCOME US$52,000 NET ANNUAL RETURN 7.5% (Excludes estimated closing costs US$45,500 to include legals, stamp tax and VAT.)
6 secure your financial future Invest in a fully managed and tenanted buy-to-let family home in the Bahamas. Enjoy tax-free assured net rental incomes of up to 7.5% p.a. from a hands-off property investment. Eligible for the government residency programme. For further information and an investment decision pack please contact info@palmcay.com Bahamas (242) US (786) The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. The developer and its agents whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions and dimensions are given in good faith and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections.
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