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Exuma & Exuma Cays Real Estate News
January 21, 2008
Bahamians still buying on Exuma despite 'quadrupled lot prices'
While the price of beach-front lots in Exuma "more than quadrupled" in some cases in the run-up to the Four Seasons Emerald Bay Resort's opening, Bahamians are still able to purchase land and real estate on the island.
October 22, 2007
$1.4bn in investment eyes Exuma
There are 24 potential foreign investment projects on the table for Exuma, which if approved and implemented could inject $1.4 billion in capital inflows into the island's economy, creating 4,000 jobs at full development - a figure equal to the island's current population.
August 27 2007
Four Seasons: Potential buyer may be New York-based group
The potential buyer for the Four Seasons at Emerald Bay hotel may be the New York based Fortis Investment Group. According to sources close to the pending sale, the company, which also has a European branch, may be behind a purchase offer for the resort that has recently entered receivership.
July 29, 2007
Emerald Bay receivership shows 'anchor' hotel flaws
The troubled Four Seasons Emerald Bay Resort's main creditor has appointed receivers for the $320 million property's holding company in a bid to sell the Exuma development, after it defaulted on its repayments in April 2007, a move that highlights the flaws in the 'anchor property' strategy for the Family Islands.
July 18, 2007
Exuma rents `exorbitant'
Rental fees being charged by Exuma landlords are "exorbitant", a government minister has acknowledged, with many island residents complaining that the economic "boom" due to the influx of luxury resorts has significantly driven up the cost of living.
