Exuma is a group of islands situated about 142 miles off the coast of Nassau, Bahamas. The island is known for its tranquility and outdoor activities. It’s a great choice for vacationers and investors looking for a more remote location. In the 1990s, the island’s property market began to boom and the area has become a hotspot for vacation property.
If you’re looking for Exuma Property, you can find a wide variety of choices by searching the Bahamas Multiple Listing Service (MLS). The MLS is a database that has listings from a variety of different brokers. Each listing contains information on properties that may be of interest to consumers. The data is provided “as-is,” and it’s not guaranteed to be accurate.
There are several legal requirements involved in buying a property in the Exumas. First, you must pay the legal fees of 2.5 % of the purchase price for the first $500,000 of the property, and then 1% of the next $4,000,000. After that, you’ll have to pay stamp duty, which is a sales tax split between the vendor and buyer. This tax can range from 4% to 12% of the property value.
Another great option for investors seeking income-producing properties is to purchase an Exuma acreage tract. This property is located near the Exuma International and Domestic Airports, and is a short drive to a popular beach town. It is also near the popular Sandals Emerald Bay resort. The property is ideally situated for an income-producing business.
Another benefit of buying Exuma property is the increased tourism that it brings. The opening of the airport may spark an increase in tourism, which in turn will increase the value of real estate on the island. Another important advantage of owning an Exuma property is the tax benefits associated with owning a home on the island. Increasing tourism will also benefit the real estate market and the island’s overall sales.
The island has some great properties available for vacation rentals. A luxury home on a pristine beach in George Town can accommodate up to 10 guests and has 5 bedrooms. You can play golf in the nearby area, or relax on the beach. The Seaside Cottage Seabiscuit offers breathtaking views and offers spa services and a chef.
exuma bahamas real estate Exuma Cays is an island hopping destination. You can even visit the world-famous swimming pigs, which are found on Big Major Cay. The island is also famous for its legendary beach bar, Chat ‘n’ Chill. Whether you enjoy a conch salad or a glass of wine, the Chat ‘n’ Chill is the place to visit.