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Development:
Shrimp Hole, Bahamas
Prices From 0 €
Description
FOR SALE BY OWNERS: Shrimp Hole is a new community on the North Side of Long Island, close to Clarence Town. An historical site which once belonged to Lord Dunmore still has evidence of his existence and the shrimp hole that was once hidden, has now been re-discovered and is a natural attraction for all visitors to the island. It is nowa part of the Shrimp Hole Development.
Each plot is a 1/4 acre in size minimum and is flat and excellent for building single or double storey homes. All owners have public access to the beach which is 1200 ft away depending on which lot you purchase, and the main Queens highway that runs the length of Long Island gives great access to the rest of the island. The 1/4 acre plots have services of electric and water by well which is fed by the natural streams running down to the sea and also city water is available. Long Island currently enjoys duty free status on construction materials, so building your home costs 34% less if you act now, it is a great time to invest in this family island in the Bahamas.
We have Bahamian constructors, Architects, lawyers on hand to help you with your construction.
To reserve a plot is $3000 and the remaining amount is payable at completion which is normally 1 -2 months later or with Owner financing over 18 months.
Closing costs
$1500 for the Bahamian Lawyer 2% stamp tax
Property tax each year is 1 % of the land value, when you build a house and it is under $250,000 it is exempt , less than $500,000 in value is 3/4%, more than $500,000 is 1%
We have a range of houses that can be built. Please contact us for full details.
Examples of houses you can have built on these plots are shown below.All models include a fully fitted kitchen,granite worktops and kitchen appliances. Ceramic Tiles on floors. White Bathroom suites Security doors and windows Models are built from concrete Block and Timber on concrete slab foundations.
Extras not included: flooring of solid wood on lower or upper floors - Security screens/hurricane Shutters - Jacuzzi tubs /whirlpool baths - washer and dryer - Garage - Swimming pool - Landscaping - Land Clearing - Any fill on lot if required.
Full management is available at varying rates, to care for gardens and pools if applicable. Rental management only is 10% of rental income.
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Plans
