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Condo For Sale in George Town, Bahamas :: Island dreams Are made Of This
Sell Price: 317583
Location: Palm Bay Beach Club
George Town
Bahamas - Great Exuma
Bahamas
Property Type: Condo
Property Details:

Overlooking the sparkling emerald water of Elizabeth Harbour and Stocking Island, this piece of paradise is a short drive to the new Four Seasons Greg Norman Signature Golf Course, one mile outside George Town, and seven miles from Exuma International Airport. A perfect combination of Bahamian flavour, casual environment and friendly staff, the Palm Bay Beach Club truly captures the tropical charm and ambiance. Pristine beaches gleam under the bright sun, aquamarine water teems with tropical fish, and cold drinks beckon beneath shady umbrellas – its hard to imagine a more beautiful spot than the Palm Bay Beach Club to contemplate the joys of being alive.

Palm Bay Beach Club offers beautiful white sand beaches in a well-sheltered bay, the island's largest freshwater pool with spacious deck and covered patio, sea kayaks, hobie cats, poolside bar and grill with soft calypso music, beach bar with barbequed meals, and shuttle service to George Town. Palm Bay Beach Club offers the ideal location for group or company meetings and conferences.  With meeting rooms (both air-conditioned and open air),  full accommodation and meal service facilities, and personalized service, let our staff assist in ensuring your meetings are a success. The resort has over 42 well appointed beachside cottages and hillside villas. There is a choice of studio, one bedroom, and two bedroom units all with either a full or partial kitchen. Each villa is uniquely decorated in a Bahamian style and features king or queen size beds.

The crystal clear waters of Great Exuma are home to abundant marine life, coral reefs and beautiful underwater gardens. The waters around this island are a diver's paradise with breathtaking underwater sights including underwater caves and grottos. Independent types can rent a boat and find hundreds of isolated islands and cays to explore. Yachtsmen are welcome to use the new dock. Palm Bay guests enjoy Four Season's rates at the Greg Norman Signature Golf Course and the staff is happy to arrange tee times for you. Notable festivals include the Bahamian Music and Heritage Festival in Georgetown and the Family Island Regatta.

Tourism activity to Exuma has increased due to new hotel openings, together with additions and renovations to existing Island resorts. Exuma has scored triple digit increases from 2003 to 2004 in “visitor stopovers” and “total nights sold”. What is significant is the positive reaction of these visitors to the Island. Visitor spending, visitor (resort) nights spent on Exuma, and visitors staying in their own properties or leased properties all showed sizeable increases over other Bahamian Islands. Tourism growth for 2005 is projected to be at least a 5% growth rate.  

Palm Bay offers a number of options for those looking for a no hassle real estate investment and island get-away offering both an income stream and capital appreciation potential. As an investor owned resort, all units are sold fee simple but with the benefit of placing your villa or cottage in Palm Bay's Rental Management programs. 

Beachside Villas

  • Ocean and / or pool views
  • Inviting decks leading to shared pools
  • Professionally designed landscape
  • High wind load double glazed windows
  • Engineered roofs designed for very high wind loads 
  • Low maintenance exterior finishes  
  • Designer interiors
  • Fashionable ceiling fans in all rooms
  • Designer colour walls, stucco ceilings
  • Moen faucets and fixtures
  • Tiled floors
  • Quality built real wood cabinets
  • Tiled counter tops
  • Tray ceilings to 10’ plus
  • 14 cu. ft. refrigerator and quality appliances 
  • Full set of designer dishes, pots, pans and utensils
  • Resort furniture and appliance package

Hillside Villas

  • Lot purchasers may chose from a variety of building plan options
  • Construction on lots must commence within 6 months from the closing date
  • Studio pricing includes resort furniture and appliance package
  • Mortgage funds are available for up to 50% of the land and construction value

All Owners of Cottages at Palm Bay have automatic Membership in the Palm Bay Beach Club – Privileges include: 

  • A free Shuttle Bus to George Town and local restaurants
  • A discount of 10% off Rental Car rates
  • A 10% discount at the Splash Bar and Restaurant credited to your account at check-out
  • Owners have a preferential unlimited preferred guest rate. This provides 15% per night off of the posted Unit rate for any Unit the Owner occupies
  • If the Owner has guests using other Palm Bay Cottages during the Owner’s stay they will be entitled to a 10% discount per night off of the posted Unit rate for any Unit they occupy
  • Unlimited use of the Palm Bay beach area including use and access to sailing craft, paddle boats and kayaks
  • Unlimited use of any of our pool areas that include water basketball, volleyball and pool accessories
  • Access to meeting and event facilities for business meetings or special personal or family functions
  • Quarterly Newsletters outlining significant happenings and special events

 

PALM BAY BEACH CLUB
Caribbean Islands, Bahamas - Great Exuma, George Town

One Bedroom   70m² to 71m²   €248,000 to €332,000
Two Bedrooms   115m² to 116m²   €248,000 to €498,000
Land   209m² to 502m²   €33,000 to €73,000
 
 
CONDO-HOTEL 
EXPECTED RENTAL INCOME UP TO: 9.00%
 

Web Site: http://www.imoinvest.com
Date Published: 07-Nov-2008
Date Updated: 07-Nov-2008

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Contact Info
Gregory Lu
Contact now

Phone: +44 (0)207 193 2040
(London Office)
Phone: +33 (0)1 53 63 33 30
(Paris Office)
Phone: +49 (0)30 - 50 59 69 - 44
(Berlin Office)

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