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Ref: Marina Site
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Negotiable $2,500,000
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Near Cockburn Town Sansal1
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San Salvador, Bahamas, Caribbean
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Status: Available Now
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Magnificent Potential
Can Accommodate 60 Boats
Clost to Airport & Capital
14 Acres - 1,078 ft Oceanfront
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Marina Project Site Commercial Site.
San Salvador, The Bahamas.
This superb Marina site can accommodate approximately 60 boat slips.
This marina site is 14 acres with 1,078 ft of oceanfront and can accommodate approximately 60 boat slips.
It has been partially dredged and offers easy access to electricity and telephone services.
Marina Site fronts onto the Queens Highway which is 5 minutes from Cockburn Town (capital).
Purchase Price: USD$2,500,000
Under The Hotels Encouragement Act, the Bahaman government welcomes resort development in the Family Islands with numerous investment incentives including exemptions of customs duties and in some cases stamp taxes, on building materials, equipment, approved raw materials, fixtures, furniture, landscaping items and sporting equipment. In addition, the 2 most important exemptions are on real property taxes and earnings or rent paid for up to 20 years!
For the past 10-15 years here on San Salvador 'Club Med' has had an arrangement with the Bahamian Government to control the hotel industry here on the island, with this arrangement now lifted, quite simply there has never been a better time to invest.
Imagine the Turks & Caicos Islands 10-15 years ago! Well this is where we are at right now with San Salvador.
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Enquire about this property
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