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Home Page > Bahamas > Our Developments > Legacy Lane, Long Island Bahamas

Legacy Lane, Long Island Bahamas

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Description

Legacy Lane, plots of land from US$14,000...

Legacy Lane is a small private gated development on the leeward side of the island a few miles south of Clarence Town. The legacy is the land and historically it was once very important having been a part of Lord Dunmore's plantation and the evidence of this existence is shown by the existing pillars just to the left of the land. Opposite there are natural shrimp caves which have just been rediscovered after years of being hidden and the public beach access that will take you down to the shores of the Atlantic sea.

Consisting of 20 acres of fine flat building lots cut in 1 acre.1/2 or 1/4 acre lots and 6acres of commercial building lots which would be perfect for any business venture that would benefit from being on the main road of the island. With the natural attraction of the shrimp caves and its close proximity to Clarence Town a small guesthouse with a bar and restaurant and possibly a community swimming pool would be an ideal venture. All lots have electric and water by well. Telephone, Hi-speed internet and satellite TV is all available at the lots. Homes can be single or double storey and our construction company is ready to give you quotes or offer you model homes plans. Lawyers and architects are at hand to help you with the build and legal process of purchasing a lot. Long Island currently has duty free status, so that saves all buyers 34% on the construction materials and costs - it’s a great time to invest .

Purchase Information

Reservation fee required US$3,000 for ¼ acre, US$5,000 for larger plots. There are 3 payment schemes available including no deposit required, full details available on enquiry.
Lot prices Country view lots
1/4 acre -$14,000
1/2 acre - $24,000
1 acre -$50,000

Commercial lots are $30,000 each 1/2 ACRE

Closing costs

10% CLOSING COSTS TO INCLUDE STAMP TAX , FOR ALL CLIENTS WHO USE OUR BAHAMIAN LAWYER 50% STAMP DUTY IS PAID (we can offer this discount because of the volume of clients using the same lawyer reduces the lawyers’ fees overall)

Property tax each year is 1 % of the land value, when you build a house and it is under $250,000 it is exempt , less than $500,000 in value is 3/4%, more than $500,000 is 1%

Annual homeowners community fees - $100 per month per lot, to include upkeep of, refuse collection and road repairs.

Call us today for more information about how to reserve one of these plots at Legacy Lane.

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