Coldwell Banker Bahamas Real Estate Blog

Bahamas Real Estate Opportunity

2008-12-04 10:26:38 by: Athena
Scores of residents of the Bahamas turned up at the new Coral Breeze development at the weekend to check out an exciting real estate opportunity.
With in-house financing at 0% interest for a whole year, the purchaser builds up $10,000 in equity during this period, which then represents their down payment. How does it work?
A purchaser comes up with a $4,000 deposit. They then pay $500 a month for a total of $10,000 for the year. No interest is charged. The balance of the purchase price is then financed through your bank.
This gives people in Nassau, the Bahamas, a chance to own their own piece of real estate in a lovely community at a very affordable price. The sale is locked in at today's price and real estate purchasers will benefit in any price increases during the year.
Single family lots start at $99,500 and duplex lots at $120,000. Coral Breeze is located in Coral Harbour, a fashionable real estate gated community located on the southwestern tip of Nassau, Bahamas.
Coldwell Banker Lightbourn Realty broker Carmen Massoni says the phones are still ringing from clients who are interested in this wonderful Bahamas real estate opportunity.