COMPANY PROFILE For those desiring to call The Bahamas home, the real estate broker of choice is HG Christie Ltd., the oldest and largest real estate firm in this island nation. Established by Sir Harold George Christie in 1922, HG Christie Ltd. represents the most extensive and best real estate offerings in The Bahamas with incomparable insight and passion.
HG Christie is also the Exclusive Bahamas Affiliate for the renowned and distinguished Christie’s International Real Estate company, the real estate division of the legendary Christie’s Auction House. With over 92 years of experience, HG Christie offers incomparable insights into Bahamas Real Estate. Celebrities, high net worth individuals and discerning clients return to HG Christie as a result of the genuine care and expertise they experience. Not one to rest on laurels, HG Christie is innovative! As the first local firm on the world-wide-web, HG Christie won accolades and awards and continues to remain on the cutting-edge of Real Estate innovation. Riding astride notable achievements and well-established practices, HG Christie adeptly holds the reigns of progress, offering clients incomparable representation. Keen analysis and visionary passion define the leadership and philosophy of this leading brokerage, making for outstanding experiences and results. HG Christie has 7 full service offices across The Bahamas, including a second location in the rapidly developing western area of New Providence at Old Fort Bay Town Centre and representation in several other islands. Entrenched in local knowledge and possessing an honest love of The Bahamas and the people it serves, HG Christie is…“The Trusted Authority in Bahamas Real Estate.”
HGChristie.com
HGChristie.com
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in this issue 6-7
A Message from John Christie, CEO
8-9
Globel Luxury Real Estate Report
10-14
Private Islands
19-20
Kishan Munroe
24-40
The Abacos
42-45
Abaco Rentals
46
Investment Guidelines
47
Appraisal Services
HGChristie offices across
BAHAMAS
The Bahamas is truly an investor’s paradise for many reasons including a skilled professional workforce, stable government and economy, sound legal framework, modern infrastructure, proximity to key markets and investment incentive policies.
A Message From John Christie CEO, HG CHRISTIE LTD.
O
ur reputation for being the ‘Trusted Authority in Bahamas Real Estate’ has been earned. It is the direct byproduct of almost a century’s worth of earnest interactions steeped in ethics and excellence. When HG Christie opened its doors over 92 years ago in 1922, real estate in The Bahamas was forever changed and established as a legitimate business. Methods of business where sales contracts were written on cocktail napkins and then sealed with a handshake were now held to higher accountability. Sir Harold’s determined vision led to building an office, guiding regulated licensed Bahamas real estate transactions and the maturation of a company propelled by progressive ideas and innovative concepts. It is safe to say that technology will continue to change our world; not only in business and the real estate industry, but our lives on the whole - in new and exciting ways. Yet, at a time when there were no websites, apps, or even yard signs, a client relied almost entirely on their agent for all needed information, Sir Harold George Christie’s renown for trusted relationships drove his success. With a steadfast focus beyond providing the ‘latest and greatest’, he developed and cared for the relationships he built not just for a transaction, but for a lifetime.
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“HG Christie... delivering service, excellence and developing trusted relationships.”
Today, HG Christie Ltd. has 7 offices across The Bahamas providing cutting-edge technology and world-class results; we remain nimble and responsive to innovation. However, while we love what technology has done for real estate, for our skilled team of licensed professionals and associates ‘delivering service excellence and developing trusted relationships’ remains our core concern. We look forward to providing all of YOUR Bahamas Real Estate needs with distinction,
[on buying a private island]
“Money doesn’t buy you happiness, but it buys you a big enough yacht to sail right up to it.” - Johnny Depp
private islands
private islands
WALKER’S CAY ABACO CAYS
“Your private island specialist with over 20 years experience.”
JOHN CHRISTIE 242 322 1041 . 242 357 7572 John@HGChristie.com
Known by fishermen worldwide as the premier deep-sea fishing and diving destination this 58-acre private island at the northern tip of the Abaco Cays is the ultimate resort escape. Walker’s Cay features a 2,800 ft. airstrip, state-of-the-art electric generating facility, marina, sandy beaches, and a close proximity to the Matanilla Shoal which make its fishing unmatched. Approvals are also in place for a second marina, new hotel and retail space, over 100 residential units, and beach and yacht clubs. OFFERED AT $18,000,000 ON THE WEB AS12368
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private islands BIRD CAY BERRY ISLAnDS
Just 30 minutes by air from nassau and in the center of the South Berry Islands national Marine Reserve is this 250-acre island with nearly 5 miles of water frontage. Chub Cay with marina and airstrip lies to the west, while Whale Cay to the east has a 4,000-foot runway and harbour. This island paradise is tailormade for a business retreat, family compound or eco-resort. OFFERED AT $11,900,000 ON THE WEB BS10593
BIG GRAND CAY ABACO CAYS
An 8 island chain encompassing over 200-acres includes Seahorse Cay, Mermaid Cay, Sponger’s Cay, Felix Cay, plus Big Grand Cay and its 4 bedroom hilltop residence with 360-degree views. Two guest houses, utility and storage buildings, and a caretaker’s quarters are other key improvements. Enjoy privacy, tranquility and everything needed for modern island living. OFFERED AT $11,500,000 ON THE WEB AS11949
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private islands
POWELL CAY ABACO CAYS
Beauty and tranquility abound at this island paradise filled with development potential and ideally located just three miles from Abaco’s mainland, and close to Spanish Cay with its 81slip marina and 5,000 ft. airstrip. The island comprises 292acres with a portion being held for a nature reserve, making it perfect for a luxury resort or private recreational use. OFFERED AT $9,400,000 ON THE WEB AS12305
CAVE CAY ABACO CAYS
Well suited for development as an eco-resort, boutique hotel, or private estate, this distinctively shaped cay of approximately 220-acres boasts rolling hills, sandy beaches, lagoons and protected harbours. Crystal clear waters surround this unspoiled paradise which enjoys tropical breezes all year round, plus a convenient location just 20 minutes from Little Abaco. OFFERED AT $5,995,000 ON THE WEB AS12183
JOHNNY’S CAY ABACO CAYS
This desirable and fully functional, turn-key private island is the perfect investment - ideally located between Elbow Cay and Man-O-War Cay, plus boasts utilities directly from the mainland. Totaling nearly 4.5-acres, Johnny’s Cay features a 2 bedroom main residence, a separate guest house, two amazing beaches, a man-made marina and offshore reefs. OFFERED AT $5,995,000 ON THE WEB AS12325
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private islands
JOE’S CAY ABACO CAYS
This 35-acre private island crowns a supreme location just south of Stranger’s Cay and near the airstrips at Walker’s Cay and Spanish Cay. This sunny isle has elevations to 15 ft., moderate anchorage, two beaches, and the possibility to construct a mini-marina. A veritable paradise for boating, fishing, and diving. Ideally suited for a family retreat or vacation getaway. OFFERED AT $2,225,000 ON THE WEB AS10800
FINLEY CAY ELEUTHERA
Finley Cay is only an hour by boat from nassau and easily accessed from the Exuma Cays and north Eleuthera. This 13acre island offers numerous alternatives for the distinguished vacationer, nature lover, or sports enthusiast. Promising as a secluded retreat, this hideaway enjoys sandy beaches, spectacular views and an abundance of bird and sea life. OFFERED AT $1,695,000 ON THE WEB ES11352
BONEFISH CAY AnDROS
This rare, 6-acre gem in the middle Bight of Andros provides excellent bone fishing, complete privacy, and the opportunity to create a luxury lifestyle. The island was developed with a cottage, meandering pathways, and a concrete pad perfect for the construction of a getaway home. Features include 10 ft. elevations, three beaches, and the remnants of a stone dock. OFFERED AT $599,000 ON THE WEB DS10628
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when it comes to
BAHAMAS REAL ESTATE...
Our team speaks nearly half a dozen languages, including French, Portugese, Greek, Swiss German and Spanish. This ensures our clients comfort and ease throughout their en tire real estate process.
Whether you are buying or selling BAHAMAS REAL ESTATE, we speak your language. 242.322.1041 242.362.4076 Sales@HGChristie.com www.HGChristie.com
we speak your language.
french
NEIL ABERLE
ELBERT THOMPSON
E: Neil@HGChristie.com C: 242.577.0277 Contactez-moi, Je parle Francais
E: Elbert@HGChristie.com C: 242.427.5743 Contactez-moi, Je parle Francais
Estate Agent
portuguese & french
Broker/Appraiser
greek
CARA CHRISTIE
JOHN CONSTANTAKIS
E: Cara@HGChristie.com C: 242.457.3562
E: JConstantakis@HGChristie.com C: 242.424.8669 Ε ικοινωνἠστε µαζἰ µου, Μιλὠ Ελληνικἀ
Estate Agent/Rental Manager
Entre em contato comigo, Eu falo Purtugues & Je parle Francais
spanish
Estate Agent
german
RYAN KNOWLES
IOLA KNOWLES
E: Ryan@HGChristie.com C: 242.376.7731 Contáctame, Yo hablo Espańol
E: Iola@HGChristie.com C: 242.376.7600
Estate Agent
Estate Agent/Appaiser Assoc.
Bitte kontaktieren Sie mich, Ich spreche Schweizerdeutsch
K
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THE ART OF LIVInG : ILLUMInATInG ISLAnD LIFE
I
n order for people to understand my direction, they would need to take a look at my early history. In 2008, I set out on the first phase of a project entitled The Universal Human Experience, and the goal was to travel around the world documenting conflicts and resolutions. For two years I travelled mainly around the Caribbean and the Americas. I would make it a subject. During my research, I came across the Flamingo incident and realised how much information hadn ’t b e e n p u t o u t t h e r e , h o w m u c h r e c o g n i t i o n i t wasn’t getting. It was basically lost in our
archives or the information was misrepresented. nobody paid attention to it even though every year they have a ceremony. It had just become a r i t u a l b e c a u s e p e o p l e d i d n ’t r e a l l y k n o w t h e g r a v ity of the story.
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•in-house design services and marketing support; •electronic and print publications locally and around the globe showcasing properties from across the Bahamas.
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T: T: 242 336 2274
•full colour brochures for our exclusive listings; •distributed to local and global markets.
to buyers and sellers BESPOKE MARKETING Christie’s International Real Estate
Extraordinary estates require a specialized approach. The bespoke services offered by Christie’s International Real Estate elevate property marketing to new levels through superb execution, comprehensive implementation, personalized attention, and flexible opportunities.
•Private Placement •Christie’s International Real Estate Magazine a quarterly publication with direct mailing to over 280,000 readers.
Persuasive marketing strategies may include: •Far-reaching Web Impact •Artfully designed brochures •Expert Public Relations •Podcasts, Microsites, and DVD Promotion •Direct Mail Campaigns •High-visibility Print Advertisements •Christie’s Events •International Auction Exposure •Video Presentations •Portable Promotion Banners
Contact HG Christie Ltd., your Exclusive Christie’s International Real Estate Affiliate in the Bahamas, to find out how your property can benefit from this effective, comprehensive Bespoke Marketing Program.
THE ABACOS T
ight-knit communities, enterprising spirits and a deep reverence for ‘those that came before us’ define the essence of Abaco communities. Found at the northern tip of the Bahamas’ chain, the necklace of cays and islands that comprise the Abacos are known as the “Sailing Capital of the World”. Here, the opportunity to enjoy a progressive yet, quaint and harmonious lifestyle, draws many to invest in the diverse Bahamas Real Estate offering within the Abacos. Marsh Harbour is the third largest municipality in The Bahamas. This is also the major jumpoff spot for exploring The Abaco Cays, once known as “The Loyalist Cays” after their 18th century settlers. Colourful clapboard homes, proud self-sufficient people with a rich heritage of boatbuilding and farming, populate these islands and serve as self-appointed guardians to one of the most desirable lifestyles on the planet. These intoxicating cays and islands draw in boaters, surfers, divers, fishermen, ecologists, artists, musicians, entrepreneurs and pleasure-seekers who identify the Abacos as their perfect environment. Just a 200 mile ‘jump’ from Miami, it could be said that YOUR perfect ‘place-inthe-sun’ is just ‘a hop and a skip’ away. Whether you are longing for your own private island, a luxury community, quaint spaces, seclusion or inclusion…. Abaco satisfies!
About The Abacos
• 120-mile Island Chain • 70 Minute Flight to the US • Boating & Sailing Capital to The World Investment Updates
• Schooner Bay Harbour Now Open and Receiving Guests • Schooner Bay’s New Plane gets Homeowners from Calgany to Abaco in less than 6 hours
the
abacos
the abacos
THE CROSSING MARSH HARBOUR
“Licensed Real Estate Broker with over 11 years’ experience – Development Property Specialist.”
NEIL ABERLE 242 367 5454 . 242 577 0277 Neil@HGChristie.com
Enjoy views over the Sea of Abaco and Crossing Beach from this affordably priced, 2 bedroom, 2.5 bath condo residence. The open floorplan is impecably furnished and accented by granite countertops and spacious covered porches for outdoor dining and living. Secure and private, The Crossing Development has first-class amenities including a swimming pool, BBQ station, recreation gazebo, protected dockage and access to a white-sand beach. Excellent short and long term rental potential make this a not-to-be-missed opportunity. OFFERED AT $325,000 ON THE WEB AS12269
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the abacos
SEA-TO-SEA MARSH HARBOUR
A private half acre, spectacular water views, protected boat dockage, outdoor decks and enough space to construct a seaside gazebo await at this comfortable 3 bedroom, 2 bath home. Its location in the desirable Eastern Shores community ensures peaceful island living. Vaulted ceilings and a well equipped kitchen complement this turn-key retreat. OFFERED AT $995,000 ON THE WEB AS12259
SUNRISES & SUNSETS LUBBERS QUARTERS
Extending from sea-to-sea on a tranquil island, this well elevated, 9.16-- -acre estate is perfect for family living. The property boasts an inviting guest cottage, plus two of everything else - docks, sandy beaches, and residences. A 3 bedroom main house offers central air and a screened porch, while a 2 bedroom getaway sits high on a hill. OFFERED AT $995,000 ON THE WEB AS12308
WATERFRONT ACREAGE TREASURE CAY
Located just 3 miles south of the Treasure Cay International Airport sits an enchanting parcel of elevated land with an area totaling just over 6-acres and 155 ft. of sparkling turquoise water frontage. Ideal for development of a resort, residential or rental development or a uniquely fabulous private estate where you can enjoy tranquil island living. OFFERED AT $400,000 ON THE WEB AS11939
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TRANQUIL & PRIVATE TILLOO CAY
This sprawling 8.8-acre estate is located worlds away but only 10 minutes boat ride over sheltered waters to the shopping, dining and entertainment amenities of Elbow Cay and Hope Town. The main floor has an open living, dining, kitchen, and 2 bedrooms. The home also offers a loft bedroom with accommodations for another 3 beds a half bathroom. OFFERED AT $997,500 ON THE WEB AS12326
SCENIC VIEWS LONG BEACH
Uniquely designed and newly constructed, this 3 bedroom, 2.5 bath residence boasts an array of features - a modern kitchen with granite countertops, spacious living areas and an outdoor patio overlooking the ocean and beach. Positioned right on a hill, this two-storey home also enjoys a favourable location just steps from the beach at Long Bay. OFFERED AT $375,000 ON THE WEB AS12298
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CASA BELLA TREASURE CAY
“I must down to the seas again, to the lonely sea and the sky, And all I ask is a tall ship and a star to steer her by.” ~ John Masefield DWAYNE WALLAS 242 367 5454 . 242 359 6046 Dwayne@HGChristie.com
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Defined by luxury, this breathtaking 4 bedroom home on more than a half acre captures all the beauty of Treasure Cay’s famed beach. The interior is completely updated, meticulously decorated, and adorned with original artwork. Azure waters provide the perfect backdrop, while soaring ceilings add to the grandeur and a timeless kitchen combines essential conveniences with modern design. Other key elements include a two-car garage, Bermuda-style roof, automatic generator, aluminum shutters and seawall. OFFERED AT $3,450,000 ON THE WEB AS12296
the abacos
FLAMINGO VILLA TREASURE CAY
Beautifully crafted and extending from sea to sea, this beautifully crafted 3 bedroom estate enjoys seamless living and outdoor spaces, an artist’s studio, guest cottage just off the pool and amazing sunset and harbour views. $1,700,000 • AS12275
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the abacos BEACH TREASURE TREASURE CAY
This 7 bedroom, turn-key beach home is a treasure hunters prized jewel filled with cool breezes, delightful views and everything you need for family living. Lovingly cared for and renovated, you’ll enjoy the wide range of features including a studio apartment, pool and gazebo, beachside cabana, covered and open decks, plus excellent rental history. OFFERED AT $2,350,000 ON THE WEB AS11990
HARBOUR VIEWS GREEN TURTLE CAY
Magnificent views over Bluff Harbour, Coco Bay and the Sea of Abaco define this 2 acre estate. Uniquely designed, the property is comprised of two separate, 1 bedroom units. A waterside gazebo provides front row seats to watch the majestic sunsets. On the opposite side there is a private dock that sits right on the harbour’s edge. OFFERED AT $1,500,000 ON THE WEB AS11826
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the abacos 14-ACRE ESTATE MARSH HARBOUR
Close to The Abaco Club on Winding Bay, ‘Top Deck’ is a sanctuary of incomparable beauty. Nestled atop a natural hillside, the property offers views of Little Harbour out to the Atlantic Ocean. The open floorplan and large sundecks make this 6 bedroom, 5 bath residence an ideal entertaining space. Caretakers cottages and a 230 ft. dock highlight this dream retreat. OFFERED AT $1,450,000 ON THE WEB AS12311
SEA-TO-SEA MARSH HARBOUR
Positioned to provide water frontage on two sides, this 3 bedroom, 3.5 bath tropical oasis on the prestigious Eastern Shores peninsula is truly a place to call home. Almost every inch has been renovated and professionally decorated. A backyard getaway boasts sitting areas and decks, a pool and outdoor shower, two docks with boat lifts, plus sheltered waters. OFFERED AT $1,275,000 ON THE WEB AS12220
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the abacos
BEST KEPT SECRET TREASURE CAY
Experience total privacy and live the good life at this dream Caribbean beach lot with resort-style amenities at your fingertips. Surrounded by luxury homes and just steps from Treasure Sands Beach Club, this 1.2-acre property is perfect for your home-away-from-home and enjoys a bejeweled setting treasured by boating, fishing, diving and beaching enthusiasts. OFFERED AT $1,250,000 ON THE WEB AS12260
WATERFRONT DREAM MARSH HARBOUR
At the end of a secure boat basin within the gated Great Abaco Club, is this 4 bedroom, 4 bath canalfront home. The elegantly furnished interior features high ceilings, an open floor plan, study/media room, and sliding glass doors that flow out to the pool and deck area for easy indoor/outdoor entertaining while taking in views down the waterway. OFFERED AT $975,000 ON THE WEB AS10843
COMFORT & STYLE TREASURE CAY
True comfort and style await at this attractively priced 3 bedroom, 3.5 bath canal haven. Its flexible floorplan takes full advantage of the Sea of Abaco views, while a Mediterraneanstyle outdoor courtyard adds sophisticated flair and leads to a guest cottage. A fully serviced dock accommodates boats to 60 ft. and provides easy access to fishing. OFFERED AT $580,000 ON THE WEB AS12224
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the abacos
BAY & OCEAN VIEWS GREEN TURTLE CAY
A collection of welcoming porches that wrap all the way around greet you at this 3 bedroom, 3 bath home of traditional Bahamian design. The grand three level layout captures beautiful bay and ocean views and is filled with an array of features including wood and tile floors, lots of storage space and tropical furnishings. OFFERED AT $575,000 ON THE WEB AS12020
OCEAN VILLA TREASURE CAY
Recently renovated condo residence is the perfect combination of location, price and convenience. Lovingly maintained over the years, this 2 bedroom turn-key unit invites family vacations and has great rental income potential. Steps away you’ll find a community pool and an amazing beach, plus a full service marina, hotel, and 18-hole golf course. OFFERED AT $345,000 ON THE WEB AS12323
LOCATION AND CONVENIENCE MARSH HARBOUR
Spacious and equipped, 2 bedroom, 2 bath condo residences located at Regattas. Each unit is beautifully decorated in island style and has its very own outdoor porch. The pool and tennis courts are just steps away, plus you can enjoy access to a sandy beach as well as shopping and dining nearby. Excellent rental potential make this comfortable retreat a smart investment. OFFERED AT $249,000 ON THE WEB AS12249
OFFERED AT $179,000 ON THE WEB AS11281
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SUNSET VIEWS LUBBERS QUARTERS
“Extending my hand to help those that will give me the opportunity to display my honesty, build their trust, and show them I have sincere integrity.� PATTI LOVE 242 366 0700 . 242 475 1715 Patti@HGChristie.com 36
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Perched high on a hill next to the Abaco Ocean Club, is this 3 bedroom cottage-style home that is sure to delight the senses. The home is turn-key and equipped with a gym, office, and space for a rental unit. Each room opens to a private balcony offering breathtaking sea and sunset views. Your private beach is just steps away, plus a 17 ft. Boston Whaler and four seater golf cart are included to make getting around even easier. A great investment property, year-round residence, or vacation getaway retreat. OFFERED AT $499,000 ON THE WEB AS12294
the abacos
ONE-OF-A-KIND HOPE TOWN
A 1+ acre waterfront estate with 3 bedroom cottagestyle home is a true fisherman’s paradise. Enjoy your own sandy beach, deep water dock and hurricane hole. OFFERED AT $2,200,000 ON THE WEB PS10671
A RARE FIND TREASURE CAY
A 12,000 sq. ft. residential lot perfectly located only steps away from one of the world’s top ten beaches, and in close proximity to the airport, canal and golf course. OFFERED AT $90,500 ON THE WEB AS12291
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the abacos
RESORT INVESTMENT HOPE TOWN
“Give me a call today, so we can discuss the best way to secure your real estate dreams.�
FRANK KNOWLES 242 366 0700 . 242 577 0339 Frank@HGChristie.com
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A not-to-be-missed opportunity surrounded by island charm and family-friendly ambience awaits at the Turtle Hill Resort. Set on over an acre, six vacation villas with pools and ocean views, plus a popular beach bar and grill decked out with ample seating, attract return guests year-after-year. There is lots to do including snorkeling, sport fishing, bike riding as well as shopping and dining. This barefoot, beachfront paradise has a private dockage option and vacant land for possible future expansion and development. OFFERED AT $2,815,000 ON THE WEB PS10677
the abacos HIDDEN PARADISE ELBOW CAY
Located on a protected harbour of Elbow Cay’s Sea of Abaco shoreline is this 1.61-acre estate overlooking the sea and the iconic Hope Town Lighthouse. Two cozy cottages totaling 4 bedrooms and 3 baths feature an open layout, relaxing porches and a sun deck. With 175 ft. of water frontage, the property also has its own boat ramp and safe dockage. OFFERED AT $990,000 ON THE WEB PS10676
ON THE BEACH BAHAMA PALM SHORES
Experience 100 ft. of powder white-sand on a stretch of unspoiled beach that runs for miles and miles and crystal clear waters to swim, snorkel or fish. Comprising 34,300 sq. ft. of native vegetation, this beachfront property in the tucked away Bahama Palm Shores community is the perfect spot to build your vacation retreat or home for all seasons. OFFERED AT $299,000 ON THE WEB AS12197
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the abacos
HILLSIDE HOMESITE YELLOW WOOD
Ideally located just a few lots away from the sea and right around the corner from the sought-after settlements of Little Harbour, Winding Bay and Cherokee Sound, you’ll find this vacant single family parcel that awaits your custom built home. The property boasts a generous 33,500 sq. ft. with amazing views across Yellow Wood Creek and all utilities. OFFERED AT $72,500 ON THE WEB AS12193
PEACE & QUIET LUBBERS QUARTERS
Discover this tranquil, 11,306 sq. ft. lot at Abaco Ocean Club. This boat-only address benefits from its location between the settlements of Marsh Harbour on Abaco’s mainland, and Elbow Cay at Hope Town offering everything needed for convenient island living. Lubbers make a great getaway choice with privacy, serenity and secluded beaches that you’ll enjoy. OFFERED AT $62,900 ON THE WEB AS12236
PRIVATE ISLAND LIVING LUBBERS QUARTERS
In the desirable area of Abaco Ocean Club featuring well built homes and superb elevations is this choice homesite totaling 10,489 sq. ft. The property is situated just steps from the western shoreline, a short walk or golf cart ride to the community dock, and nearby Cracker P’s Restaurant where you can experience authentic island dishes. OFFERED AT $47,500 ON THE WEB PS10679
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Hummingbird H u m m i n g b i r d Cottage C ot tag e Art Centr Centre e & Gallery
Art Classes
Hope Town
Abaco
HopeTownArt.com
Art S Sales
Private Events Eve nts
Bahamas
P:(242) 366-0272
A new rum with a hint of history in every bottle.
Sip into the past.
Ho p eTo w n Ru m . c o m
Real Estate
“...What’s beautiful about beach communities is for whatever reason, they feel like vacation to me.” Hill Harper
vacation rentals
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abaco rentals
REGATTAS marsh harbOur
Bedrooms: 2 Bathrooms: 2 Sleeps: 6 tasteful decor and an easy flowing floor plan make this a relaxing primary or vacation home for the family. Amenities: Pool and tennis courts, and nearby beach. OFFERED AT $2,200/month OFFERED AT $200/day
ON THE WEB ar10620 ON THE WEB ar10601
ORCHID BAY great guana cay
Bedrooms: 6 Bathrooms: 6 Sleeps: 16 three elegant vacation residences including two with a pool, and one on the beach. OFFERED AT $9,000/week OFFERED AT $7,000/week OFFERED AT $5,000/week
ON THE WEB ar10583 ON THE WEB ar10584 ON THE WEB ar10582
DREAM’S END TOO VILLA great guana cay
Bedrooms: 3 Bathrooms: 4 Sleeps: 10 Ocean view escape with 3 separate buildings including common living areas, a guest cottage, and a master cottage. Amenities: gated community, seaside deck, wrap-around porch, and pool. OFFERED AT $6,000/week
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I still love things that you don’t even need to pay for. Going to the beach and being around five of your friends and having a good time means so much more than going out and spending hundreds of dollars. Maria Sharapova
abaco rentals
ORCHID BAY great guana cay
Bedrooms: 6 Bathrooms: 6 Sleeps: 16 three elegant vacation residences including two with a pool, and one on the beach. OFFERED AT $9,000/week OFFERED AT $7,000/week OFFERED AT $5,000/week
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DREAM’S END TOO VILLA great guana cay
Bedrooms: 3 Bathrooms: 4 Sleeps: 10 Ocean view escape with 3 separate buildings including common living areas, a guest cottage, and a master cottage. Amenities: gated community, seaside deck, wrap-around porch, and pool. OFFERED AT $6,000/week
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THE CROSSING marsh harbOur
Bedrooms: 2/3 Bathrooms: 2.5 Sleeps: 4 enjoy sea of abaco views from this brand new, furnished getaway condo equipped with top-of-the-line finishes. Amenities: covered decks, pool, sandy beach, dock, and a short stroll to all amenities. OFFERED AT $1,500/week
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exuma
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T 242 336-2274 F 242 336-2272 E rentals@hgchristie.com W HGChristieRentals.com
LEGAL FEES
• Both the buyer and the seller are responsible for 2.5% legal fees on the sale of property.
REAL ESTATE COMMISSION • Developed property, residential/commercial
6%
• Undeveloped property
10%
guidelines PROPERTY TAX RATES • Owner-occupied property (residential and licensed rental homes) - The first $250,000 of market value - Between $250,000.01 and $500,000 - Between $500,000.01 and $5 million - Over $5 million
Exempt .75% 1% 25%
- Owners/operators of owner-occupied rental homes pay a hotel guest tax of 10% of the total room rate collected from renters additional to the rental rate. • Vacant land owned by non-Bahamians - The first $7,000 of market value - Portion over $7,000
$100 1.5%
• All other properties/commercial - The first $500,000 of market value - Portion over $500,000
1% 2%
GOVERNMENT STAMP TAX Value Added Tax • As of January 1, 2015, VAT charges of 7.5% will be levied on commissions, legal fees, and appraisals, as well as commercial property transactions including the sales price, rentals and Common Area Maintenance (CAM). 110
HGChristie.com
• Up to and including $20,000 • From $20,000.01 to $50,000 • From $50,000.01 to $100,000 • $100,000.01 to $250,000 • Over $250,000
4% 6% 8% 10% 12%
The buyer and seller each pay half of the stamp tax unless otherwise agreed upon. Stamp tax on mortgages is payable at 1% on the amount borrowed.
appraisal
APPRAISAL TYPES • Residential • Commercial • Estate Probate • Private Islands • Developed or Vacant Land
services
REGISTERED BANKS/ MORTGAGE COMPANIES H.G. Christie Ltd., 'The Trusted Authority in Bahamas Real Estate for • British American Bank • Commonwealth Bank • Bank of The Bahamas Ltd. • Ansbacher (Bahamas) Ltd. • Scotiabank (Bahamas) Ltd. • Finance Corporation of the Bahamas (FInCO) • CIBC First Caribbean International (Bahamas) Ltd. • Family Guardian Insurance Co. • The Bahamas Mortgage Corp. • EFG Bank & Trust (Bahamas) Ltd. • Fidelity Bank (Bahamas) Ltd. • Butterfield Bank (Bahamas) Ltd. • Teachers & Salaried Workers Cooperative Credit Union
ELBERT THOMPSON BROKER/ APPRAISER nASSAU T: 242.322.1041 C: 242.427.5743 130
HGChristie.com
IOLA KNOWLES ESTATE AGEnT/ APPRAISER nASSAU T: 242.322.1041 C: 242.376.7600
over 90 Years', proudly offers valued clientele timely, trusted and stateof-the-art appraisal services across The Bahamas. Licensed by the Bahamas Real Estate Association and recommended by leading financial and legal institutions, HG Christie's courteous and professional appraisal team maintains a cutting-edge in their field through relevant training, trends and technology. HG Christie Appraisal Services and quotes may be requested online at HGChristie.com with a 24 Hour Guaranteed Response. WWW.HGCHRISTIE.COM APPRAISALS@HGCHRISTIE.COM
RYAN KNOWLES ESTATE AGEnT/ APPRAISAL ASSOC. nASSAU T: 242.351.8501 C: 242.376.7731
CHIARA PETRUCCI ESTATE AGEnT/ APPRAISER GRAnD BAHAMA T: 242.351.8501 C: 242.727.2030
DWAYNE WALLAS ESTATE AGEnT/ APPRAISER ABACO T: 242.367.5454 C: 242.359.6046
JANET WATTS BROKER/ APPRAISER EXUMA T: 242.336.2274 C: 242.357.0960
THE CLIFFS CABLE BEACH
£ ¡ ¡ ¤ ¡ ¡ ¤ “A
££¤§ ¤§
collection of 11 gorgeous
ªª ¤ ¡Š ¤ £ ¤ ¡Š ¤ £ perched on a cliff in Nassau’s Nassau’s most desirable address.”
Cara Christie 242 322 1041 Ryan Knowles 242 376 7731 242 322 1041 - www. www.HGChristie.com HGChristie.com
STAY AT
Wee House HOPE TOWN
ABACO
Quaint Vacation Cottage
Beginning at $723 for a complete 3-night stay!!
242.322.1041 • 242.366.0700 • Rentals@HGChristie.com • HGChristie.com • Ref. AR10610
DISCOVER THE ISLAND LIFESTYLE AND TIMELESS HERITAGE OF DEEP WATER CAY.
%FFQ 8BUFS $BZ IBT CFFO LOPXO TJODF BT UIF #BIBNBT QSFNJFS mTI ing destination. Today it is becoming known as an ultra private island retreat with an unpretentious and low-key lifestyle. Boaters and their guests enjoy a wide variety of on-island amenities, a 4,000 ft private SVOXBZ mOF EJOJOH BOE mUOFTT NBTTBHF TFSWJDFT " MJNJUFE OVNCFS PG home ownership opportunities are available, all of them oceanfront.
HGChristie.com - 242.322.1041 - Bahamas