|
Investment Opportunity Long Island The Bahamas 300+, 280+, 120+, and 21+ of prime real estate for development in Long Island, Bahamas. Also 400+ of prime acreage sites from Hill to sea now know as Charles Taylor Estates located in Deadman’s Cay, Clarence Town Area, Long Island, Bahamas is already surveyed and has accessibility from the main road and Galloway Road. The outer islands, especially Long Island are prime for development, which is to be accomplished following strict guidelines, and the project(s) that can be approved must meet the criteria of preserving the history and quiet living of the Bahamian people. Two plus years of extensive work and research have been done in Long Island, Bahamas, which includes courting of the Islanders themselves. An amicable verbal agreement has been met. Keep in mind that there are several more stages of this development, but the most important hurdle has been surmounted-that being the approval of the politically-elected and appointed representatives. The project is a 1235 Vacation/Timeshare cottages and second home development with an 18 hole PGA style course using an energy efficient plan with the development to run entirely on solar power and to be environmentally friendly. The most feasible approach to this project would be a joint venture between our company and investors, with agreements in place. Dwellings would be in the range of $135,000 with mortgage financing being part of the venture. The building lots will be sold on average in the $20,000-40,000 range. Subsequently, there should be an approximate net profit of $24,000,000. Part of that would be used for the largest expense – the roads. The models would be on display for sale as soon as the roads are installed, with investor and local financing available. The in-house selective financing would be a secondary return for the investors, which would be in-house managed. The cottages’ price per square foot would average $70 (seventy dollars). The construction and sale of cottages should realize another $40,000 profit per unit. The investors’ initial outlay would be $10,000,000, with profit splitting among them being part of the written agreement. This document is preliminary, subject to written negotiation whereby the culmination of the existing Bahamian-owned company and the investor(s) agree to form an approved purchasing and operating company in the Bahamas or merge with their existing company. It is intended that any contract or agreement hereof to be solely within the context of Bahamian Law. Another avenue would be 25% of 10,000,000.00 to get the first phase of construction started with building of model homes, vacation homes, cottages, and timeshare condo's. Along with a 2 week blowout sale by April 2008 to sell out the rest. We are accepting proposals for bids, joint ventures and networking opportunities. Contact us today at: Troy Taylor
Office: 321-231-6843
Fax: 386-259-3582 |
