Description

Prime Investment Opportunity with 3 Options to maximize the return and minimize risk. On offer is a re-development opportunity of a prime location in the growing township of Marsh Harbour, Abaco Island. This is a 16 unit condominium complex currently operated as a timeshare facility which has come up for purchase in the first time in its 22 year history. The timeshare business model is fading allowing the ripe opportunity to develop the property into something great once again.Each of the 16 apartments have 2 bedrooms, 2 bathrooms, and open concept living dining kitchen room and each apartment has a wonderful view of the sea and beachfront at the complex. The furnishings and equipment are all in good order though perhaps a little dated. Low cost maintenance - concrete construction, fiberglass roof tiles, ceramic floor tiles, double glazed windows and central air conditioning throughout.The 3 buildings are part of the Regattas Condominium complex and share the use of the tranquil beach, the beautiful pool, tennis courts and laundry facilities.

Listing #572604
MLS #21404
Lot Size17,251 Sq Ft
Living Area13,524 sq. ft.
Property TypeApartment Complex
Key FeaturesOcean View, Waterfront, Beachfront
LocationAbaco Islands, Marsh Harbour

Courtesy of The Bahamas MLS.

The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer's personal, non- commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX Logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights are reserved. This property is shown courtesy of The Bahamas MLS.

Agent Info

Bahamas Realty
#1 in Bahamian Realty
Tel: 242 396 0000