Owning a piece of Exuma Property will not only give you access to its beautiful beauty, but it also has several financial, tax, citizenship, and business benefits. In addition, you will be able to reap the rewards of living on an island where tourism is growing rapidly. The island is also home to a number of recreational activities such as bonefishing. Its residents are trying to revive the sport as part of the area’s tourism attractions.
There are several real estate options available in the Exuma Islands, including luxurious hilltop properties, colonial homes, and private islands. You may even be able to find a beautiful beachfront villa in the Reserve at Hooper’s Bay. The island is an ideal place to purchase a second home.
You can find listings for sale on the Bahamas Multiple Listing Service (MLS) website. exuma real estate allows buyers and sellers to share real estate information, including photos and virtual tours. The information on this site is reliable, but you must verify important facts and check with a licensed real estate agent. It is also best to use a broker who specializes in the area you’re interested in.
When buying a piece of Exuma property, make sure to ask your agent about legal fees, and how much stamp duty will cost you. These fees are usually two and a half percent of the first $500,000, and then one percent for every $4 million after. In addition, you’ll also need to pay stamp duty, which is a sales tax split between the vendor and the buyer. This tax can range anywhere from 4% to 12%, depending on the value of the property.
The price of Exuma Property is rising as a result of new developments in the area. Sandals Resorts International’s Emerald Bay Resort, for example, was opened in 2010 and features sugar white sand beach and crystal clear turquoise. The resort also has breathtaking views of Stocking Island. The new resort has caused the price of Exuma property to increase.
The real estate market on Exuma is thriving thanks to pent-up demand and good pandemic management. While mainland Exuma has been affected by the pandemic, real estate in Exuma has remained steady. With several development projects on the drawing boards and undergoing the permitting process, the market should continue to grow and prosper.
Exuma has a number of excellent vacation rental properties. For those who like to stay in a luxury vacation rental, consider one of the luxury cottages. These homes offer several comforts and are located near the famous Blow Hole Beach, Salt Pond, and Jolly Hall beaches. There are also a few great beachfront properties that are ideal for romantic getaways.