MRI Overseas Property April Focus: The Bahamas

“Due to the generous tax breaks, such as no income or corporate tax, the Bahamas is often perceived as the rich man’s playground. However, it is not just the wealthy that should think of buying in the Bahamas, smaller properties can provide a delightful holiday home or great investment. Traditionally rental properties are popular with American holidaymakers.”
What’s on offer?
The Bell Channel Club
Located on 120 metres (400ft) of private beach on Grand Bahama, the Bell Channel Club assures a high level security and privacy. A sandy beach is one of the waterfront features of the club, and residents can choose to take a dip in the ocean or lounge around the pool. In addition the resort boasts tennis courts and a clubhouse.
All 80 two or three bedroom properties provide views of the beach, the channel or the ocean. In addition, every property is equipped with central air conditioning, washer and dryer, dishwasher and microwave.
Prices start from $445,000 (£226,000)*
*Exchange rate as of 5th April 2007