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Receives Weekly Updates on every new home and condo listing in Thew Bahamas. All New Listings every week. |
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THE EXUMAS |
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| Island Facts & General Information |
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The Exumas are some of the prettiest islands in The Bahamas. Shades of jade, aquamarine, and amethyst in deeper waters turn to transparent opal near sandy shores: The water and the land appear almost inseparable. Sailors and their crews like to stake out their own private beaches and tropical hideaways, and several vacation retreats have been built by wealthy Europeans, Canadians, and Americans.
A spiny, sandy chain of islands, the Exumas begin just 35 miles (56km) southeast of Nassau and stretch more than 100 miles (161km) from Beacon Cay in the north to Hog Cay |
and Sandy Cay in the south. These islands have not been developed like the Abacos and Eleuthera, so they are relatively inexpensive. But they still have much to offer, with crystal-clear waters on the west around the Great Bahama Bank, the 4,920-ft.-deep (1,500m) Exuma Sound on the east, uninhabited cays ideal for picnics, rolling hills, ruins of once-great plantations, and coral formations of great beauty. Although they're crossed by the Tropic of Cancer, the islands have average temperatures ranging from the mid-70s to the mid-80s (mid- to upper 20s Celsius).
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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.
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| 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. |
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| 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. |
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| 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. |
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| 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. |
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