#2 Spanish Main Estate - AD #: RS883
Specifications
| Ad #: | RS883 |
| Type: | Single-family Home |
| Virtual Tours: |
click for website |
| Street Address: | #2 Spanish Main Estate |
| City: | Freeport |
| State/Province: | Ba |
| Territory: | Bahamas |
| Postal Code: | na |
| Country: | BS |
| Quick Details: | Brand new, 8000sqft. Estate+ guest house located on canal w/pool and 90 ft. yacht dock. Free and clear. Also have another oceanfront estate that rents for $14K per week, free and clear to add for right deal. $4.5M value |
| Year Built: | 2008 |
| Parking: | 10 |
| # of Beds: | 8 |
| # of Bath: | 8.00 |
| Waterfront: | Yes |
| New Construction: | Yes |
| Scenic View: | Yes |
| Pool: | Yes |
| Value Price: | $3,900,000.00 |
| Equity Price: | $3,900,000.00 |
| Asking Price | $3,900,000.00 |
Description: PARADISE
TAX FREE RENTAL INCOME
PRIVATE
MORTGAGE AVAILABLE TO 90% OF VALUE
Located on
prestigious Spanish Main, this architectural masterpiece is
situated on 1 acre overlooking the canal with its own
private 90 foot dock and its own exclusive access to the
finest beach in Bahamas. This 8,100 square foot home was
only constructed in 2008 with no expense spared. A total
of 7 ensuite bedrooms The main home boasts two
magnificent master bedrooms plus three other ensuite
bedrooms. The large guest cottage has two master en suite
bedrooms plus full kitchen and dinning room. The owner
uses the property as a vacation home and rents the
property out when not in residence enjoying tax free
income.
Prepared to exchange for smaller property
anywhere in the USA and provide a private mortgage
secured only on the property
If you have a property with a
minimum of $400,000 equity available in the USA talk to us
we are happy to provide owner financing on the balance.
The property rents out at $7,000 per week for those
looking for a vacation home. For those who are looking for
a tax free place to retire too there is no better place than
Grand Bahamas (only 25 minutes to Florida or Miami).Full
time tax free residency is automatic upon the purchase of
real estate in excess of $500,000.
Property appraised in May 2009
