Thursday, October 29, 2009

Bahamas Real Estate - Where Should You Buy?

With 20 major islands to choose from, deciding where to buy in the Bahamas be overwhelming. This fast priming making it easy to find the island that best suit your taste and budget.

Nassau and Freeport

The cities of Nassau on New Providence Iceland and Freeport on Grand Bahama is the only choice for buyers who either urban or suburban area and the amenities that come with it - extensive shopping, a wide range of cultural opportunities, hospitals wantSeveral golf courses, and direct flights to many major airports.

New Providence, a small island of Nassau and its suburbs dominate, is home to 215,000 people - fully three quarters of the population of the Bahamas. Nassau is a bustling city with modern and historic architecture and on the outskirts, a strip of high-rise hotels and casinos along Cable Beach. Paradise Iceland, on New Providence, connected by a bridge, is home to the giant Atlantis and other places. New Providence andParadise Iceland have many gated subdivisions and townhouse developments, high-rise condominiums. On average, house prices here are much more expensive than elsewhere in the Bahamas. Expect to 1.5 million U.S. dollars for a typical canal front house to spend in one of the popular "gated communities". A one-acre beach lot (the yardstick we will use in this article) would cost at least $ 3 million.

Grand Bahama, the northernmost of the major Bahamian islands, has aPopulation of 50,000, the majority in and around Freeport. Grand Bahama is almost 100 miles long, however, and in contrast to New Providence, has less densely populated regions with deserted beaches and tropical pine forests. Lucaya, the residential area of Freeport, has joined a vast network of canals, with thousands of home much fed. Canal-front lot is cheap - 125.000 to $ 250,000 range in the $. One acre lots in Lucaya beach sell for $ 1.5 million and up.

TheOut Islands

According to Freeport is the largest "city" in the Bahamas Marsh Harbor, with a population of only 5000th The majority of settlements in the Bahamas are even smaller, with only a few hundred souls. This is the world of the Out Islands - large areas of untouched land with the occasional house or small village.

Abaco and Exuma

The Abacos and Exumas are not physically adjacent, but they have much in common. They are the most popular destinations in the sailingBahamas, and its islands and islets that provide beautiful cruising grounds. Abaco and Exuma are better known than the other Out Islands, and they each have several major resort developments. Prices are therefore higher. One acre lots are beach Great Exuma sold in the $ 1-2 million range. Abaco has prices in this area as well, but also less expensive beach in some places.

Bimini

Hemingway made his "island in the river" is famous as a center of deep-sea fishing,and it remains so today. Bimini is also just 50 miles from the east coast of Florida, which ensures a good yachting crowd. Bimini has one major resort development, Bimini Bay Resort and Casino. Bimini Bay has no casino, but it does offer condos with boat slips in the $600,000 range. The only beachfront lot listed on Bimini, for comparison purposes, is a 2.7 acre parcel for $1.7 million.

Eleuthera

With sixty miles of beaches and only a few dozen hotel rooms, Eleuthera is a To enjoy paradise for beach lovers, privacy and closeness to nature. Eleuthera has four major resorts planned or underway, but none is close to completion yet, and overall the island is still rustic and relatively unknown. Eleuthera is therefore cheaper than Abaco and Exuma - sell one-acre beach lots, the $ 500,000 range. With a population of 8000 and the proximity to the resort-rich Iceland Harbor, Eleuthera has good infrastructure, shops and services. If and when it's Eleutherasucceed in developing resorts, prices could trap up to Exuma and Abaco. For more information on Eleuthera and their homes, click here.

Andros, Cat Iceland, Iceland Long

These three islands are the next step in the remote and the next step down in name recognition, infrastructure, services and prices.

Andros is considered the largest unexplored landmass in the hemisphere. The interior of the island is home to the six-foot iguanas, the rare Bahamas boa constrictor, and whoknows what else. The east coast of the island, the only populated area, has scattered villages and miles of secluded beaches. For those not afraid of who-knows-what-else are right on the beach and a lot of Andros sale in the $ 200,000 to $ 250,000 range.

Fifty miles long and with a population of only 1600, Cat Iceland is a place where you never have to wait in line. Cat has many miles of spectacular pink sand beaches and several beautiful boutique resort. A one-acre beach is a lot of youback $ 350,000-400,000.

The aptly named Long Iceland is 96 miles long and only seven miles wide at its widest point. Long Iceland has a varied topography, between hills and rocks in the northern lowlands in the south. Deadman's Cay, the commercial center, is fairly well equipped, with a medical clinic, banks and well-stocked grocery stores. , Right on the beach sell many on the island for $ 375,000 and lots together on a narrower beach are currently selling for less than $ 185,000.

SanSalvador, Acklins, Crooked Iceland, Mayaguana, Inagua

For the true pioneers among you, these islands are farther south, more remote and less densely populated. But the prices are tempting. A four-acre beach lot at Crooked Iceland is selling for $ 525,000 - 95% less than you pay in Nassau.



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