The Queensgate Private Estate
The ‘QueensGate’ private gated estate runs to some 45 acres and is located behind and adjacent to the Rum Cay Ocean Resort & Spa. It consists of some 140 freehold building Lots (sub-division approvals held) varying in size from a quarter to one acre in size. The Staff Management Houses are located at the back of this development.
Freehold building Lots are available for a small initial deposit with non-status finance available to all buyers for the balance by way of an unsecured Deferred Payment Plan of up to 15 years. All land lots include the supply of services and utilities (electricity & water) and come with full planning permissions.
Purchasers can then build their own private residences subject to local planning laws, with Developer pleased to assist in anyway, including undertaking all aspects of the construction and furnishing. Purchasers can also design their own villas, subject to a guide on size, floors and aesthetics. Up to a 50% Deferred Payment Plan is available for the cost of construction when the Developers are tasked with the full build.
Note that the construction cost for a reasonably comfortable Two Bedroom villa would start from circa GBP £120,000.
Full information and terms and conditions are available on request. If requested, purchasers can also include their Villa within the Resort Rental Scheme.
- The Owners & Developers aim to deliver the best of investments, products and services and some of the benefits include:- Freehold Bahamian Property.
- Luxury Beachfront Cottages available for investment.
- Land Lots and Villas available for personal/lifestyle use.
- Top Destination Point for the US Market – only 345 miles from Miami.
- Deferred Payment Plans on Completion.
- 50% Net Rental Share from completion – Potential Yield of 20%+ ROI. Full Planning Permissions.
- Government Anchor Project.
- 5 Year Buy-Back Option. Prices include Furnishings.
- Up to 90 Days Personal Usage per Annum.
- Tax advantages & Residency Options.