Villa Eleuthera
luxury residence
THE ISLAND
Eleuthera
Eleuthera, which means “freedom” in Greek, tropical wilderness still reigns, as seen in deserted pink and white sand beaches and in its crystalline blue waters. Large beautiful beaches with no one on them, complimentary sunrise and sunsets daily with frequent green flashes at sunset, friendly people with no crime, great food, undeveloped and laid back atmosphere, wonderful climate, one hour from Florida with 3 airports on an island 110 miles long and mostly narrow.
Eleuthera is the fourth most populated island of The Bahamas, with approximately 11,000 residents. Most who live here either fish for bounty or farm the rolling acres of pineapple plantations. Eleuthera is an island of casual sophistication, housing isolated communities, well-developed Eco Luxury resorts, rocky bluffs, low-lying wetlands and massive coral reefs that create magnificent backdrops.
WELCOME
Welcome to Villa Eleuthera
Have you ever envisioned the possibility of owning your own place where you can relax and maybe have access to an interesting return on your investment?
Villa Eleuthera eco-villas is a new oceanfront for an eco-friendly community looking for the best of two worlds; A beautiful place to live and a great return on investment.
Our turnkey solution provides multiple benefits such as;
- Be a Vacation Rental Landlord Instead of a Tenant
- Luxurious Villas
- Private Pools
- Rooftop Terraces
- Ocean Views from Everywhere
- Only 5 minutes walk to the Beach
- Possibility to work remotely with highspeed internet
Total area: 2,667 square feet (247.7 square meters)
Interior: 1,490 square feet (138.4 square meters)
Patio and pool: 1,177 square feet (109.3 square meters)
Welcome
Business in Paradise.
If you thought Hawaii was the most beautiful place on earth, wait to experience Eleuthera… way more laid back, affordable and less commercial.
Eleuthera’s unspoiled and exotic beaches are among the Bahamas’ best kept secrets.
About
The opportunity:
Eco-friendly luxury ocean front cottage for personal leisure/vacation and for renting.
Why?:
Well balanced business opportunity with personal leisure/vacation accessibility
When?:
Presales now for the beginning of the project for November 2019
For whom?
Where?:
Eleuthera, Bahamas
Advantages
The Villas - Eco-retreat
Effortlessly blending the utmost in island luxury with modernized comfort, our secluded ocean front villas are designed to capture the beauty of this tropical paradise.
Available in two bedrooms configurations. Possibility of three or four bedrooms. Our villas feature latest trend furnishings, two indoor and one outdoor showers, spacious living areas and floor to ceiling sliding glass doors that open onto your private deck and swimming pool, overlooking a sea of turquoise waters and spectacular sunsets. It’s a private paradise for friends and family seeking the ultimate Caribbean vacation.
More photos
Villa interior and exterior is
perfectly coupled with
wild nature and the sea
Projected revenues
December - February
March - May
June - August
Sept - November
ROOM NIGHTS AVAILABLE (DAYS)
90
92
92
91
PROJECTED NET OCCUPANCY
95%
95%
80%
65%
TOTAL DAY RENTED
85
87
73
59
PROJECTED AVERAGE DAILY RATE (USD)
500,00$
500,00$
500,00$
400,00$
PROJECTED GROSS INCOME (USD)
42 500,00$
43 500,00$
36 500,00$
23 600,00$
146 100,00$
DEDUCT: PROJECTED OWNERS USE
30 DAYS @ 500,00$
15 000,00$
PROJECTED GROSS INCOME AFTER OWNER USE
131 100.00$
ESTIMATED OWNER EXPENSES PER RESIDENCE:
FEES (SECURITY ,ROAD , COMMON PLACE)
INSURANCE
POOL MAINTENANCE EXPENSE
MAINTENANCE SERVICES ESTIMATE (INCLUDING SOLAR PANELS)
ELECTRICITY ( INCLUDE ALL MAINTENANCE OF OFF-GRIDD SYSTEMS)
GAS PROPANE
CABLE/INTERNET/PHONE
ANNUAL LINNEN TURNOVER
REAL PROPERTY TAXES
6 000,00$
4 000,00$
2 000,00$
5 500,00$
1 000,00$
1 000,00$
2 400,00$
1 200,00$
8 000,00$
TOTAL EXPENSES
31 100,00$
TOTAL NET RENTAL INCOME TO OWNER
100 000,00$
Progress payment structure (USD)
This financial structure has for objective of minimizing the impact of the stamping tax which is 10% of sales price.
2 steps acquisition:
Sale Price:
1 000 000,00$
1. Purchase of lot
125 000,00$
2. Construction agreement :
875 000,00$
Payment structure
15%
15%
20%
25%
25%
On signature of the construction contract
On signature start
On completion of unit slab
On roof completion
On closing and certified completion
131 250,00$
131 250,00$
175 000,00$
218 750,00$
218 750,00$
In-house financing
Maximum amount
Years
Interest rate
450,000$
15
5%
Monthly payment
3 558,00$
Rental revenues
100 000,00$
Yearly mortage payment
42 696,00
Net profit after mortage payment:
57 304,00$
Yeld rate on 450K investment
11,46%
Advantages
Activities and attractions
Snorkeling
Spectacular reef awaits just offshore, while the calm, colorful shallows
Golfing
Golf designed by Tiger Wood at Jack’s Bay, Rock Sound
Infinity Swimming Pool
Salt Water System
Ideal location
Island full of beautiful beaches with no one on them.
Marinas
- Cape Eleuthera Resort & Marina
- Valentines Resort & Marina, Harbour Island
- Davis Harbour Marina at Cotton Bay Club
- Yacht Haven
- Government Dock
Fishing
Fishing Charters & Tours
Restaurants
Great places for dining and create a great social life.
Surfing
The island of Eleuthera offers some of the most consistent and powerful surf in the Bahamas.
Contat us
Contact Us for any Details
and Additional Information
Please don’t hesitate to contact us for any details you are interested in. Our agents will gladly answer any of your questions.