Bahamarama
The BahamasPropertyAsset RelocationContactCurrent PropertyNew ProvidenceGrand BahamaAbacoElutheraAndrosGreat ExumaLong IslandCat IslandSan Savlador

Islands

PORT St GEORGE

The Development

Port St George will be an upscale resort and residential community which will provide the ultimate in tropical-island living with first class amenities and leisure facilities including an 18 hole championship golf course, boutique hotel, spa, beach club and full service marina.  A range of building lots will be available.

*Ocean front residential lots

*Golf residential lots

*Lake residential lots

*Marina front single family lots

*Marina front multi-family residential lots.

Sunset at Port St George Beach

LAND FOR SALE

Currently there is land for sale on the Stella Maris Estate, Long Island.  Plots are from 1/3 acre to just under one acre and range in price from $150,000 - $450,000. The Estate is fully serviced and all plots are near the proposed Port St George development.

A unique investment opportunity with massive incentives.

Anyone buying in Stella Maris will automatically qualify to have the ‘Right to Buy’ into the proposed Port St George development at pre-arranged discounted prices.  Plots up to $200,000 will receive one ‘Right to Buy’ agreement and over $200,000 will receive 2 ‘Rights to Buy’ agreements.  Any plots over $400,000 will receive 3 ‘Rights to buy’. ‘Rights to Buy’ are currently available for the golf course and waterfront areas of the development.  This ‘Right to Buy’ is an independent contract which can be sold separately. 

 

All plots in Stella Maris come with planning permission for 4 Homes.

If you are a UK resident overseas land can be purchased into a Pension scheme through a SIPP or SASS. 

 

INVESTMENT OPPORTUNITY. 

This is a unique opportunity to purchase into the Port St George development at well below market prices as part of a ‘Right to Buy’ scheme.

A ‘Right to Buy’ enables the holder to buy a plot of land in the Port St George development, once planning is granted, prior to its release on the open market at a pre-arranged and discounted price.

A ‘Right to Buy’ has the ability to be transferred, which is what makes this investment unique.

Currently an investor can purchase a ‘Right to Buy’ into the Port St George development, and, once planning permission is in place, use it to buy a plot for far less than the true market value of the land.  This right can be ‘sold on’ at a profit if the purchaser so wishes to do so.

The land, some of which includes 100’ of dockage is expected to be valued at in excess of $1 million when released on the open market.  Once planning permission is granted, plots can be purchased from as little as $320,000 plus the cost of the ‘Right to Buy’.

This is an ideal time to get involved but act quickly as there are only a limited number of original plots available in the Stella Maris development.

THIS ENTIRE DEVELOPMENT HAS 100% GOVERNMENT BACKING!

 Stella Maris Airport.

The airport was sold recently to The Government which has now resurfaced the runway, is looking into lengthening it and is responsible for its upkeep.  The Government has indicated to the Board of Port St George that it will ensure that airlift capacity is provided as required.

Now is the time to act and become involved with this outstanding development, before it becomes oversubscribed.

 
For more information contact either
Tim Hamilton on

+44 (0) 1202 669966 or Andy Sturton +44(0) 7779 576412

or email: info@bahamarama.co.uk

© 2008 Bahamarama All Rights Reserved