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$5m Freeport yacht & country club to go under hammer

Three separate apartment buildings and a neighbouring lot set on a combined 1.37 acres, including 475 ft of ocean frontage will sell to the highest bidder this month. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Friday, February 17, 2017
Friday, February 17, 2017

Three separate apartment buildings and a neighbouring lot set on a combined 1.37 acres, including 475 ft of ocean frontage will sell to the highest bidder this month through Concierge Auctions.

Potential buyers can bid on all offerings separately or together.


The properties are located within the Bahama Reef Yacht & Country Club Subdivision, in close proximity to The Ocean Reef Yacht Club & Resort, The Grand Lucayn’s Reef Course.

Previously listed for $5m collectively, the properties will sell without reserve on February 28 in cooperation with James Sarles of Coldwell Banker James Sarles Realty.

Bidders are able to participate in the auction via Concierge Auctions’ custom mobile bidding app – Instant Gavel – from anywhere in the world.

International Monetary Fund mission chief Jarkko Turunen says that the overall mid-term economic outlook for The Bahamas is positive. Watch a ZNS Network news report here.

The Ministry of Tourism has sales offices in London, Paris, Toronto, China and cities across the US to promote The Bahamas to new and expanding markets. Watch a report about the MOT sales operations.

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