Bahamas' Shoreline Reports Strong Home Sales, Phase Two Just Released; Buyers Find Value in International Investing.GRAND BAHAMA Grand Bahama: see Bahamas. ISLAND, Bahamas -- Real estate buyers looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. coastal living are beginning to explore opportunities outside the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . In tune to that; developments such as Bahamas-based Shoreline Properties are targeting Americans who have watched property values double over the past five years in select coastal areas such as South Florida. What's the attraction? Besides the gorgeous destination; buying a first, second or third home in the tropics tropics, also called tropical zone or torrid zone, all the land and water of the earth situated between the Tropic of Cancer at lat. 23 1-2°N and the Tropic of Capricorn at lat. 23 1-2°S. can mean no property taxes, inheritance tax inheritance tax, assessment made on the portion of an estate received by an individual; it differs from an estate tax, which is a tax levied on an entire estate before it is distributed to individuals. or capital gains and better value. Located just 50 miles off the coast of Florida, Shoreline Properties has experienced an extremely successful year in sales as the 38 homes in phase one of the single-family home development has sold out; triggering the release of 38 additional homes in its phase two. With homes ranging from the $600's to more than $2 million, Shoreline is a gated and private master-planned community offering a variety of single-family homes rich in amenities and only steps from the white sandy beaches and turquoise waters of Grand Bahama. "It has been an exciting sales year for us," Director of Sales Keith Jervis said. "Considering the skyrocketing prices of coastal real estate, buyers looking for a second or third home are recognizing the value of buying in Buying in has several meanings. In the securities market it refers to a process by which the buyer of securities, whose seller fails to deliver the securities contracted for, can 'buy in' the securities from a third party with the defaulting seller to make good. the Bahamas where it is still possible to find a home just steps away from the beach at a fraction of the cost of popular areas in the United States." Using the best in quality construction materials and engineering, Shoreline builds each home using hurricane-approved materials to withstand the tropical climate A tropical climate is a type of climate typical in the tropics. Köppen's widely-recognized scheme of climate classification defines it as a non-arid climate in which all twelve months have mean temperatures above 18°C (64.4 °F). of the Bahamas. "The recent storms, Hurricane Frances and Jeanne, put our commitment to quality construction to the test and we are proud to say that we surpassed our expectations receiving no structural damage and only minor landscape damage," noted Jervis. About Investing in the Bahamas The Bahamas is a country exempt from all taxes on revenue, capital gains and inheritance. For more information on Shoreline and investing in the Bahamas, call 1-888-259-6004 or visit http://www.ShorelineBahamas.us |
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