Regatta Ridge Location Bahamas Exuma Islands George Town Price $65,000 to $87,500 Delivery date: Now Mortgage calculator Add to shortlist Property ID: 238879          Description Key selling points Launch Phase - Very Important Land Release Limited Release - 1/4 Acre Plots From Just $65,000 - $87,500 All Plots Have Electricity, Water & Telephone Highly Renowned Developer - Superb Location World Class Facilities Available 10% Price Increase 26th March 2007 A MUST SEE INVESTMENT! HOT OFF THE PRESS, FROM THE DEVELOPERS OF 'FEBRUARY POINT RESORT ESTATES' WE PROUDLY PRESENT REGATTA RIDGE, GT EXUMA , BAHAMAS AN INVESTMENT YOU DESERVE - A LIFESTYLE YOU'VE EARNED Launch Phase: Phase 1 - Very Important Land Release Set in 20 acres overlooking the magnificent azure blue and emerald green waters of Elizabeth Harbour and the new elite Crab Key development, Regatta Ridge is an exclusive hillside community on the enchanting island of Great Exuma. Whether your investment plans or lifestyle dreams drive your wealth management goals, Regatta Ridge represents a truly affordable choice for real estate investment portfolios and is a paradise for those ready to enjoy true leisure living. Regatta Ridge is destined to become another jewel in the crown of the highly successful properties from the developers of nearby February Point Resort Estates. If you were not aware February Point Resort Estates is the most sought after Gated Community on Great Exuma and has been voted by THE WALL STREET JOURNAL as ‘one of five hottest properties in the Caribbean’ The Exotic cays, coves and pristine beaches of the greater Exuma archipelago offer some of the finest fishing, sailing, snorkelling and scuba diving in the West Indies. THE OPPORTUNITY - REGATTA RIDGE LAND INVESTMENT Launch Phase - A limited release of just 32 freehold quarter acre plots with outline planning permission granted ‘in perpetuity’ for one single family home and the following outstanding features. City water, telephone & electricity to ALL plots   Close to superb beaches Some plots have outstanding views over Elizabeth Harbour & Crab Cay Access to February Point members club on completion of home Phase 1 plots from just $65,000 - $87,500 Payment option available 25% deposit plus repayments over 5 years Landscaped Entrance February Point Membership – On completion of a built home this member ship carry’s access to all the facilities of February Point which includes Tennis Courts, Health Spa, Marina Bistro & Bar and the Emerald Bay facilities including the challenging 18 hole Greg Norman Golf Course. Please Note: When Phase 2 is launched prices will have increased roughly 10% so NOW is the time to invest. In all there will be roughly 180 plots released on Regatta Ridge. PLOT PRICES Category 1 = $65,000. A basic interior lot with no views Category 2 = $72,500. Slightly better position than above with elevation Category 3 = $83,750. Good position, High elevation, Good views Category 4 = $87,000. Superb views over Elizabeth Harbour & Crab Cay to the north & southern coastline – from a hill top elevation. PLOTS CAN BE PURCHSED OUTRIGHT OR ON THESE TERM BELOW 25% deposit and 60 monthly repayments @ 9.9% $65,000 - Deposit $16,250 - 60 monthly repayments of $1,033.40 $72,500 - Deposit $18,125 - 60 monthly repayments of $1,142.63 $76,200 - Deposit $19,050 - 60 monthly repayments of $1,211.46 $80,000 - Deposit $20,000 - 60 monthly repayments of $1,271.87 $83,750 - Deposit $20,938 - 60 monthly repayments of $1,331.49 $87,500 - Deposit $21,875 - 60 monthly repayments of $1,391.11 PLOT PURCHASE INFORMATION The plots are freehold are freehold with outline planning permission for one family home subject to the Indenture of Conveyance ( size & position limitations ) The plots can be purchased either outright or with terms: 25% deposit and 60 monthly repayments at 9.9% pa interest. These terms can be paid off early with no financial penalty. A FULLY REFUNDABLE 10% deposit will hold the plot for 28 DAYS. All plots are approximately ¼ acre in size, some are larger All plots have ELECTRICITY, CITY WATER & TELEPHONE When a home has been completed the owner will have the option of joining the February Point Club and all of it’s facilities at a special rate Stamp duty payable on these plots will be split evenly with the purchaser and the vendor. This is between 4% and 6% depending on cost of land. 4% up yo $65,000. 6% above $65,000 and up to $150,000 Service charges on each plot have initially been set at $300 per annum The entrance from the Queens Highway will be landscaped immediately to suit the proposed environment When purchasing on terms, you will have the right, before deeding is registered in Nassau, to exchange your plot for another plot that you may have been shown providing it is the same value or greater The entrance to Regatta Ridge is approximately half a mile from the entrance to February Point and about a mile from George Town The purchaser’s legal fees will be the responsibility of the purchaser and the vendor’s legal fees the responsibility of the vendor Much of the investment interest is focused on Greater Exuma, the jewel of the central Bahamas which has enjoyed unprecedented investment in recent years. It is the island of choice for the recently completed Four Seasons Resort at Emerald Bay, the Emerald Bay Resort Community and phased construction projects at the luxury community of February Point. These projects feature world class amenities such as a Greg Norman golf course, a luxury Spa and the only European style casino in the Bahamas. These are all accessible to those who develop their Regatta Ridge Investments. February Point Resort Estates will manage Regatta Ridge and work in concert with individual investors or investment professionals in all aspects of acquisition development, preferential financing and home rentals. Exuma is an unparalleled opportunity for the discerning investor and leisure traveller. We believe “ this is the quickest and least expensive way for investors to join the ‘in set’ on Great Exumaâ€� Are you going to be drawn like other investors worldwide, into what has become the longest, highest and most sustainable economic expansion in the history of the Bahamas? THE ULTIMATE INVESTMENT IN PARADISE, WE'LL LET YOU DECIDE... Full details will be sent                  Make an enquiry: TheMoveChannel.com is a property listing platform for estate agents, developers and private owners. For further details of the properties listed on the site, you must register/login and make an enquiry using the form that will appear on this page. Your enquiry email will then be sent directly to the person or company responsible for listing the property. Click here to register Email: Password: (forgot your password?) Loyalty bonus: minimum £25 from TheMoveChannel.com on completion when you buy this property. 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