Description
The Pagoda Place Apartments from US$239,750 with up to 8% discount on price...
The Pagoda Place apartments are situated next to a beautiful natural lake full with wildlife and miniature turtles. The whole area is very peaceful and secluded and for all of the owner’s complete privacy as the complex will be completely secure with entrances only through the garage and gardens through intercom.
There are only 17 apartments in total built within 2 blocks. Phase 1 which has just been released has 10, 2 bedroom, 2 bathroom apartments. There are 2 style apartments ranging in size from 685sqmts for type A and 739sqmts for type B, each apartment will be wired for telephone, hi speed internet and cable TV. There are garages built under the apartment for private parking. The apartments come with fully fitted kitchen and air-conditioning. Furniture packs can be purchased from the developer for US$30,000 which includes customs duty.
The beautiful landscaped gardens that capture the nature fleur and fauna have a large communal swimming pool, gym and tikki bar. Just short stroll from Pagoda Place apartments is a beautiful white sandy beach, where you can enjoy the warm crystal clear waters.
The bustling capital George Town is less than 5 minute drive from Pagoda Place Apartments. There are bars and restaurants scattered throughout the island and beach areas with the nearest a only10 minutes walk. The International airport of Exuma is 10 minutes drive where you can catch a flight to the USA, Nassau and Cuba. Exuma is just over an hour from the USA and 40 minutes to Nassau.
There is a distinct lack of quality accommodation on the island at present. The astute investor would be able to capitalise on this with a purchase at Pagoda Place enjoying a healthy income from rentals all year round. If we take an average price of US$252,800 with rentals at US$250 per night and only 50% occupancy you would be looking at a minimum of 17% return. The occupancy levels are much higher on the island increasing your return significantly. Payment Schedule Owner financing is available. Option A Cash purchase is available with 12 stage payments and a 5% discount overall. Reserve with a 10 % deposit Option B $15,000 deposit and payments over 24 months collected bi monthly with a 5% interest Option C No money down with payments spread over 36 months collected bi monthly with a 8% interest
Annual Maintenance Fee $300 per month
Call today for more details on how to reserve an apartment at Pagoda Place and how to qualify for our cash back scheme.
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