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BAHAMAS PROPERTY FOR SALE represents at least two of the most favourable aspects of the real estate market. In the first place, land is an excellent financial investment because, as Mark Twain remarked, it's not being made any more. In the second place it is an investment that can be enjoyed for as long as it is held. The fact that property can be enjoyed for as long as it is owned is particularly true of land in the Caribbean islands. Celebrities and holiday makers flock to the islands because of the climate, the friendly people and the air of freedom that makes people happy with the sense of place. The seven hundred islands that make up the country all enjoy the same stable democratically elected government. It is true that the islands have a long history of piracy, slavery, and rum running but these illicit activities tend to add to the romance and fun of the country, since they are now in the past. In fact, the stable laws of the country are rooted in the history of British colonialism. Private ownership of property is well ensconced in law and foreigners are encouraged to invest and enjoy security of ownership together with the joy of perhaps owning a private beach and ocean view of blue ocean that cannot be blocked. Since 1995 the Bahamas Real Estate Association has been empowered to oversee and accredit all property practitioners in the country. The International Persons Landholding Act also extends security of tenure to those investing in the country. Legal procedures are clear and straightforward, executed by professional notaries. Although there is an initial stamp duty calculated on the value of the land maintenance costs after that are not excessive. Several different types of purchase are available. A condo with one or two bedrooms and fine fittings may be bought in a well maintained complex. Various duplex options are also available, and a free standing family homes or villas may suit people who intend to live permanently or semi-permanently in the country. Those who have access to larger amounts of capital may consider a farm or ranch. A private island is also a real option because there are more than seven hundred in the country and only about thirty percent of them are occupied. A private island is the ultimate status symbol that can safely be expected to raise eyebrows in almost any company the world over. BAHAMAS PROPERTY FOR SALE can offer the space and privacy that is becoming more and more rare in an over crowded world.
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