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OPEN HOUSE ON SEPTEMBER 28, 2013 FROM 11-4 The Balmoral

 

JOIN US AT OUR

OPEN HOUSE ON SEPTEMBER 28, 2013 FROM 11-4          

WELCOME TO THE BALMORAL NEWSLETTER

 
Our newest concept is our “EURO” DESIGN, featuring open concept main floor plan, pickled flooring, huge centre island, all built-in appliances and state-of-the-art bathrooms.


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Also, the hot new colour for Fall is 50 Shades of Green, and The Balmoral is situated on 43 acres of lush greenery, with single family lots available for those who like to “build their own dream”.

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We have also just introduced our new bungalow concept, which is ideal for more mature people who don’t want a lot of stairs, or perhaps for blended families who might like a greater degree of privacy. Prices starting from $439,000.

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Our new rooftop design with views of the ocean, BahaMar and Atlantis, providing “al fresco” dining for outdoor enthusiasts is proving to be a real “show stopper”, with some people purchasing one to live in and a second unit as an investment. Our Rooftop pricing starts from $579,000

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And last, but by no means least, our latest project, the commercial units starting at $299,000.  These units are unique in that you can purchase all 3 floors and then “live where you work” with complete separation between home and office, but  eliminate the commute, or alternatively purchase a smaller unit and use it for your office.

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OUR IN-HOUSE FINANCING IS STILL IN PLACE – 10% DOWN PAYMENT, NO NEED TO QUALIFY.

Live The Way You've Always Wanted....

Join us for our Open House or  Sign up below for more info.

Learn More

Balmoral Looking To 'Break Ground' On Commercial Office Space Soon

 
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THE Balmoral’s principal said yesterday that he expected to break ground on a eight unit commercial office space development in four weeks, telling Tribune Business that to-date five of the units had been sold.

Jason Kinsale, principal of the Sanford Drive-based project, told Tribune Business: “We are moving ahead. We intend to break ground on those in about in about four weeks. Out of the initial six units, five are taken, with one remaining. There are eight units in total. We have sold five of them so we are going to get those going.”
 The Balmoral is offering two products, four 1,455 square foot, second and third floor, units priced at $439,000, and the same number of 873 square foot, ground floor properties pegged at $299,000. These price points represent 44.8 per cent and 62.4 per cent reductions, respectively, over The Balmoral’s initial price points for units in the $3 million development.

Mr Kinsale said that he was still awaiting clarification on the post-Budget Stamp Act amendments before he determines whether to proceed with a $4 million-plus upscale 16-unit condo project on West Ridge, just south of Super Value.
“I’m still awaiting clarification on the Act. I have been told that it is being modified but until I see that in writing I can’t go forward with the project,” said Mr Kinsale.

Speaking on the Balmoral’s open house which was held this past weekend Mr Kinsale said: “This is a much slower time with everyone travelling but it was still worthwhile. It’s a numbers game. If you get 20 or 30 people then it’s a successful day. There were some people I believe will hopefully buy over the next month or so.”

 

By NATARIO McKENZIE

Tribune Business Reporter

nmckenzie@tribunemedia.net

Balmoral Unveils $3m Office Space

 
Screen shot 2013 06 18 at 10.40.17 AMThe Balmoral’s principal said yesterday he will “know in the next month or so” whether its planned $2.5-$3 million investment in commercial office space has hit the correct price point.

Jason Kinsale said the Sanford Drive-based property was effectively “relaunching” its eight-unit commercial office product, its initial $795,000 sales price having proven too rich for a struggling market.

The Balmoral is offering two products, four 1,455 square foot, second and third floor, units priced at $439,000, and the same number of 873 square foot, ground floor properties pegged at $299,000, as it seeks to undercut rival western New Providence commercial real estate projects.

These price points represent 44.8 per cent and 62.4 per cent reductions, respectively, over The Balmoral’s initial price points.

Telling Tribune Business that three of the eight units had already been sold, Mr Kinsale said companies seeking a western New Providence base had little alternative to Old Fort Bay Town Centre, Sandyport and Caves Village.

“After that there’s not much else,” he said. “There’s a lot of people trying to buy their own office space, they’re tired of renting, and with the in-house financing we have I believe it will be a good opportunity for them without having to go through the bank.

“I don’t want to miss again. The market is definitely there, and with eight units I’m not too worried. We should know within the next month or so whether I’m right or wrong.

“We had actually launched office space before, but the units then were too large and the price was $795,000, and it was a depressed market.”

Mr Kinsale said Balmoral would break ground on its eight commercial units once 50 per cent were pre-sold, meaning it needs to fund just one more buyer.

He added that he hoped to break ground within the next 45-60 days, and possibly as early as 30 days, with the four buildings fully constructed in nine-12 months.

Emphasising the security provided by The Balmoral’s status as a gated community, Mr Kinsale said he was targeting professional services firms, such as engineers, architects and interior designers.

TOP 10 Bahamas Islands ( part 2)

 

describe the image6. Eleuthera

Eleuthera, which is perhaps the longest of the Bahamian islands, more than 110 miles long, and which lies 60 miles west of Nassau, is the playground of the rich and famous. It is consequently also one of the most accessible of the Bahamas islands, with daily flights from Miami, Fort Lauderdale and Nassau. The island has a population of 10,800, and its principal towns are Spanish Wells, the wealthiest colony in the Bahamas; Harbour Island, a resort island with clear water and a pink-tinged beach; Gregory Town, the locale of the island's Pineapple Festival; Governor's Harbour, a typical tropical town with history and charm; and Tarpum Bay, an artists' community where, among others, artists Mal Flanders, an American, and MacMillan Hughes, a Scotsman, went to paint the scenery.

7. The Exumas

Situated 35 miles east of New Providence, the Exumas comprise a chain of roughly 350 islands and cays, strung out along some 95 miles of open ocean, all the way down to Long Island. There are about 3,500 inhabitants in the Exumas, the majority of whom live on Greater Exuma and Little Exuma, located in the southern part of the island chain, in the principal population centers of George Town and Williams Town, respectively. The Exumas are also well connected via daily flights to both Miami and Nassau. Boating, fishing, beachcombing and swimming are the main pursuits here, with good, modern amenities for vacationers.

8. Cat Island

For sheer natural beauty and solitude, Cat Island is the pick of the bunch. A 50-square-mile island, it offers a tranquil retreat with rolling hills, lush green forests and vast expanses of windswept beaches. There are few creature comforts here, and visitor activities typically center around swimming, hiking and poking through the ruins of the old, colonial plantations. Sights on the island include the Hermitage, a miniature, hand-built abbey on Mount Alverina, the highest point on the island at 206 feet; and the ruins of the Deveaux Plantation at Port Howe, a veritable slice of local history in a spectacular setting.

9. The Inaguas

The third largest, remotest and most southerly in the Bahamas chain, the Inaguas are also the most sparsely populated. There are fewer than 1,200 inhabitants here, all of them on Great Inagua, with Little Inagua, just to the north, uninhabited. And while the Inaguas are hardly a top choice for tourists, the few who do venture this far south are well rewarded with miles and miles of unspoiled rocky shorelines and more wildlife than on any of the other islands. Walking, bicycling, fishing and bird-watching are the order of the day. Besides which, two places of particular interest here are the Inagua National Park, with its 280 miles of rocky shoreline, inland waters, saltwater flats, shrubland and jungle, populated with its famous flamingos and over 200 other species of birds; and the picturesque Matthew Town Lighthouse, standing at the southern tip of the Inaguas like a lone sentinel.

10. San Salvador

San Salvador, situated just to the northeast of the Bahamas' Long Island, is 12 miles long and six miles wide, with fewer than 600 people. The main population center here is Cockburn Town, the capital of both San Salvador and its smaller sister island to the west, Rum Cay. Virtually all of the island's residents live here, yet this is one of the smallest communities in the Bahamas Out Islands. Oh, and Club Med is here, just a couple of miles from Cockburn Town.

TOP 10 Bahamas Islands

 
describe the imageFor tropical vacations, the Bahamas are legendary. And with good reason. Even as one of the smallest countries in the world, the Bahamas archipelago, with its approximately 700 tiny islands and 2,000 tinier islets, offers a broad spectrum of topography, facilities and recreational opportunities, and gorgeous, pristine beaches besides. There are nearly 30 inhabited islands here, and of those more than a dozen hold tourist interest.

So, for those visiting the Bahamas for the first time, or even those revisiting, here are the top 10 islands in the archipelago, which are also the ones most easily accessible to visitors.

1. New Providence

New Providence is the principal island in the Bahamas. It is by far the most populous, most popular and literally a magnet for vacationers, particularly Americans. On it is located Nassau, the largest and best known Bahamian city, which claims more than 175,000 people and over 400 banks (oh, did we mention that the Bahamas is a tax haven? No? Well, it is!). Accommodations, dining choices and other visitor facilities are plentiful here, as are other real-time tourist attractions. Besides its history-laden narrow streets and British-era forts, the chief draws here are the Atlantis International Resort and Casino and the Queen's Staircase, the latter a 65-step stone stairway, representing one step for each year of Queen Victoria's rule, which climbs 102 feet to Fort Fincastle. Popular activities include swimming, snorkeling, windsurfing, parasailing, diving, sport fishing, walking and bicycling.

2. Grand Bahama

Grand Bahama is the fourth largest island in the Bahamas. A travel brochure for the island describes it as "cosmopolitan glitz and glamour, coupled with miles of pristine beaches and endless turquoise seas." And that really sums it up. The island has a dozen or so good hotels, several excellent waterfront restaurants, outstanding shopping venues, two casinos and miles and miles of sandy beaches. The main city here is Freeport, which is the second largest and most modern in the Bahamas, with a population of 50,000. The big draw on the island is the Lucayan National Park, an environmental happening of sorts.

3. The Abacos

The Abacos, or just Abaco, is a cluster of tiny islands, islets and outcroppings that forms a 100-mile-long archipelago of its own. This is the second largest such island group in the Bahamas, and the most visited among the Bahamian "Out Islands." Its capital city, Marsh Harbour, which is really a one stoplight town, is the third largest in the Bahamas. There are other quaint towns and villages on the other Abacos islands as well, with pastel-colored clapboard houses, sun-drenched beaches, abundant tropical flora, quiet country lanes and more than 50 species of wild tropical birds. Recreation in the Abacos includes all the warm-weather outdoor sports you can think of, while the amenities here can be described as modern.

4. Andros

Andros is by far the largest island in the Bahamas, 104 miles long and 40 miles wide, located just north of the Abacos, with an island-wide population of 8,000. There are three main towns on Andros: Nicholl's Town, Fresh Creek and Kemp's Bay, all of them accessible by boat or direct flights from either Miami or Nassau. There are good visitor facilities here, including a wide selection of accommodations, ranging from full-fledged resorts to neat little guest houses. The island is particularly popular with divers.

5. Bimini

Bimini, just a stone's throw from Florida (okay, 50 miles) and made famous by the likes of Ernest Hemingway and Zane Grey, is all about fishing, fishing and fishing. It comprises two distinct islands, with a combined land mass of less than 10 square miles, and a population of around 1,600, most of whom live in Bailey Town in North Bimini. However, Alice Town, the other Bimini population center, is the primary tourist hub, with all the hotels, restaurants and fishing charter companies located there. Most visitors go to Bimini to fish, and the island, besides, is the locale of more than 20 well-known fishing tournaments.

 

Stay tuned for the remainder

Source: http://voices.yahoo.com/best-bahamas-top-10-bahamas-islands-4822620.html

Jason Kinsale - Uncut Interview Part 3

 

When we interviewed Jason Kinsale owner and developer of the Balmoral he had some really interesting things to say that did not make the final edit. Here is part 3 of the uncut interview. 

Jason Kinsale - Uncut Interview Part 2

 
When we interviewed Jason Kinsale owner and developer of the Balmoral he had some really interesting things to say that did not make the final edit. Here is part 2 of the uncut interview. 

Jason Kinsale - Uncut Interview Part 1

 
When we interviewed Jason Kinsale owner and developer of the Balmoral he had some really interesting things to say that did not make the final edit. Here is part 1 of the uncut interview. 

#2: Access - Top 10 Reasons Why The Balmoral is a Smart Caribbean Real Estate Invesment

 

We’re counting down the Top 10 reasons as to what makes The Balmoral a smart Caribbean real estate investment. Today, we’re talking about #2: Access with a great Rental Rate.

While many investors have purchased a Balmoral residence to use as their own vacation property, others use it primarily as an investment that will be rented through most, or part, of the year. And, they are pleasantly surprised when they find that The Balmoral has a successful rental rate. 

planeThere are many reasons why it’s so easy for owners to rent their Balmoral property, including our previous Top 10 posts that cover Safety, the Clubhouse, and Nassau lifestyle. Another reason is its convenient access to Nassau, Bahamas via its international airport. Many North American cities offer daily, direct flights to Nassau at reasonable rates. So vacationers love the fact that The Balmoral is just one short flight away and a short distance from the Nassau airport


The remaining units at The Balmoral won’t be here for long! Contact us to learn more today!

Balmoral offer
Previous Posts: Top 10 Reasons why The Balmoral is a smart Caribbean real estate investment?”
10. Cable Beach, Nassau
9. The Sophisticated Nassau, Bahamas Lifestyle
8. Bahamian Weather
7. Safety
6. Atlantis
5. Baha Mar
4. Friendly foreign real estate laws
3. Balmoral Clubhouse

#4: 10 Reasons why The Balmoral is a smart Caribbean real estate investment

 

We’re counting down the Top 10 reasons as to what makes The Balmoral a smart Caribbean real estate investment. Today, we’re talking about #4: Friendly Bahamian real estate laws.

Owning a vacation real estate property in The Bahamas has never been easier for foreign investors. Under the International Persons Landholding Act, approval is granted automatically for non-Bahamians to purchase residential property of less than five acres on any single island in The Bahamas. And, transactions are usually easy to conduct with The Bahamas robust banking and legal system. You don’t have to worry that your property investment can’t be closed or that unforeseen costs crop up. Here are some links of financial and legal organizations in The Bahamas:

Bahamas Real Estate Association
Bahamas Investment Authourity 
Bahamas Bar Association 
The Government of the Bahamas 
Official Bahamas tourism web site

We’d be happy to review the steps to own real estate in The Bahamas - contact us today!

Previous Posts: Top 10 Reasons why The Balmoral is a smart Caribbean real estate investment?”
10. Cable Beach, Nassau
9. The Sophisticated Nassau, Bahamas Lifestyle
8. Bahamian Weather
7. Safety
6. Atlantis
5. Baha Mar

All Posts
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