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Bahamas targets London property buyers

With The Bahamas feeling the ripple effect of the global real estate market, developer Shaner Bahamas has finalized its international sales programme for Eleutheran property, French Leave Harbour Village, to drive sales in one of the most active markets for second-home buyers. Real estate brokerage 7th Heaven Properties from London has been added to the team and will lead sales initiatives in the UK and Europe. 

Source:
Date:
Updated:
Shaner Bahamas
Wednesday, November 20, 2013
Wednesday, November 20, 2013

MIAMI, FL Nov 18, 2013–(Marketwired) – With the Bahamas feeling the ripple effect of the global real estate market, developer Shaner Bahamas has finalized its international sales program for Eleutheran property, French Leave Harbour Village, to drive sales in one of the most active markets for second-home buyers. Prestigious real estate brokerage 7th Heaven Properties from London has been added to the team and will lead sales initiatives in the United Kingdom and Europe.


Shaner Bahamas launched French Leave Harbour Village last spring with Waypoint Real Estate Consulting in addition to collaboration by Bahamian realty companies in Nassau, Harbour Island and Governor’s Harbour. “We now have a full team in place to showcase French Leave to a worldwide audience,” said Eddie Lauth, Shaner Bahamas CEO.

With a $8 billion stronghold on real estate listed for sale across the entire Caribbean and Central America, 7th Heaven Properties has emerged as one of the world’s leading independent Caribbean property specialists. Representing French Leave as well as the Baha Mar mega-development, 7th Heaven Properties has the expertise in selling a wide array of luxury Caribbean properties. “The Bahamas provides a variety of ownership opportunities, from islands defined by mega-resorts and casinos to much quieter and tranquil slices of paradise. French Leave Harbour Village provides those looking for a more laidback lifestyle with the ‘Real Bahamas’ experience,” said Walter Zephirin, Founder of 7th Heaven Properties.

“The Bahamas provides a very strong investment opportunity for buyers from all around the world because of the tax benefits, the proximity to the States and the omnipresent turquoise sea and sandy beaches,” he added.

To cater to the worldwide network of buyers, Shaner Bahamas has implemented a selling program that bundles all costs associated with the purchase into the total price. This program covers closing, title insurance, legal and financing costs. There is also a cash discount for buyers paying the entire amount in cash.

French Leave Harbour Village will comprise of 37 authentic Bahamian cottages presenting the first ownership opportunity for the untouched site in decades. Overlooking historic Governor’s Harbour and Cupid’s Cay, French Leave offers the first residential program to be built on the sea front in Governor’s Harbour since the ’40s.

Prices for the cottages begin at $525,000, and reach over $1 million USD. As an amenity of the resort, owners will have the opportunity to place the cottages into a professionally managed voluntary rental program with Shaner Bahamas, which is interested in leasing back the purchased cottages for two years, while still allowing for the owner to use the cottage for certain periods.

The full resort is set to open in 2014. For more information please refer to the website: frenchleaveresort.com.

MEDIA CONTACTS:
Dana Herndon
Zakarin Martinez Public Relations
dana@zm-pr.com
305-372-2502

Minister of National Security Dr Bernard Nottage on Monday officially welcomed delegates attending the Caribbean Financial Action Task Force XXXVIII Plenary Meeting being held at the Grand Lucayan Resort on Grand Bahama this week.

A Corporate Strategies for Leadership and Talent Development Forum is set to be held December 5 at the British Colonial Hilton.

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