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Commercial Property for Sale in Sandy Point, San Salvador
Property type: Hotel/Motel
Price: $3900000 USD
Sandy Point Beach Resort Package
Commercial Site.
San Salvador, The Bahamas.
This superb investment includes 2 hotel sites and 1 future development site.
(Can only be sold together as a package)
Hotel Site A 3.6 acres
Hotel Site B 3.9 acres
Future Development Site 3.2 acres with a total of 1,480 ft of oceanfront.
The exquisite Sandy Point Beach is the widest beach on San Salvador.
Purchase Price: USD$3,900,000 includes all 3 properties.
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!
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