If you are considering purchasing property in the idyllic Exuma, you might want to consider putting your home in the optional rental pool. These vacation rentals are tax-free, and in some cases, the recurring rental income will cover most of your carrying costs, leaving you with a profit. You will also automatically be a member of Home Exchange programs, allowing you to travel the world. In addition, Exuma has “gin-clear” waters, which means you can see fish in forty feet of water.
Currently, there are several developments in the area. In 2010 Sandals opened their new Emerald Bay resort on the island of Great Exuma. The new resort sits on a pristine beach with stunning views of Stocking Island and the surrounding turquoise waters. As the chain has grown in popularity, the price of Exuma real estate has also increased. If you’re looking for prime waterfront property in the Exumas, you should look into Oceania Heights and February Point.
The majority of Exuma real estate is comprised of vacation homes, local homes, and vacant land. Exuma has a national park known as Land and Cay, which was the first of its kind in the world. The Exumas have miles of beaches, and their economy was previously based on cotton plantations, salt mines, and piracy. Today, Exuma Real Estate is one of the exuma bahamas real estate hottest sectors in the Bahamas.
The government of the Bahamas has taken steps to make it easier for non-Bahamians to own property in Exuma. It has canceled the double stamp duty that previously applied to foreigners. Business-friendly laws and a tax-free economy make Exuma an excellent choice for buyers looking for affordable luxury real estate. Some developments even sell land and villas directly. In addition, you may be able to purchase both undeveloped and developed properties in Exuma. Certain properties may require permits and certificates, depending on their value.
The Bahamas Multiple Listing Service (MLS) is another source of information on real estate in the Exumas. The Bahamas MLS includes listings that are held by other brokerage firms other than the office owner. The Bahamas MLS is a reliable source of information, but you should verify all important facts before making any final decisions. So, do not be afraid to contact the agents of Exuma Real Estate. Your search will yield the results that you need to purchase a vacation home in the Exuma Islands.
If you’re looking for a luxurious vacation property, consider the Reserve. It has ten prime waterfront lots and is conveniently located close to the Exuma International Airport. The reserve is also close to one of the world’s most beautiful beaches. Little Exuma is an island connected to Great Exuma by a bridge. The charming Little Exuma is home to many charming villages. You’ll also find several gorgeous properties on Big Darby Island, where elevations reach 87 feet. There are 14 beaches, two miles of seafront, and a castle.