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08132018 HOME BUYERS' GUIDE

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H ome Buyers’ Guide The Tribune

Monday, August 13, 2018

The Bahamas Source For Homes, Condos, Apartments, Lots & Rentals

VILLA LUNA, Lyford Cay

Damianos Sotheby’s International Realty


PAGE 2, MONDAY, AUGUST 13, 2018

Mike’s Comm. Building

2 Storey | Bay Street Total Size 9,000 sq. ft. | MLS 34262

$3,200,000

Ref: 21073

THE TRIBUNE, HOME BUYERS’ GUIDE

108 Calenders Drive, Albany 5Bd, 6Bth | Golf Course Home 21,788 sq. ft. Lot | MLS 32006

Ref: 18968

903 Columbus Cove

3Bed, 3Bth | Beachfront Townhome Total Size 1,498 sq.ft.

$529,000

Ref: 21184

17 Seapointe Port New Providence Ocean Front Townhouse - Yamacraw 2 Bd, 2Bth | Size 2,300 sq. ft.

$4,200 p/m

Ref: 21111

Serenity

Starfish House

3Bd, 2.5Bth | #23 Charlotteville 7,860 sq. ft. Lot | 2,119 sq. ft.

Ref: 20855

$625,000

Sapphire House

Two (2) 540 sq. ft Units | Village Road Comm. Office | Ground Floor Units

Ref: 17718

$1,700 p/m

Cape Santa Maria

Beach Front Lot | Long Island 37,500 sq. ft.

Single Family | West N.P. Garden View | 6,306 sq. ft.

Ref: 4976

$5,850,000

$110,000

$1,000,000

Ref: 1834

Comfortably Numb

Elizabeth On Bay Plaza & Marina Bay Street & Elizabeth Avenue Total Size 40,000 sq. ft.

Lyford Cay | Canal Front Home 4Bd, 4.5Bth | 28,183 sq. ft. Lot

$9,680,000

Ref: 21049

Old Fort Bay - 3 Car Garage

Treetops Rental

Ref: 12159

Now

$395,000

Elizabeth On Bay - Unit 15A

5Bd, 5.5Bth | Lyford Cay Living Area 5,720 sq. ft.

MLS: 29303 | 3,696 sq.ft. Lot Bus. Opp, Restaurant, Comm. Bldg.

$14,000 p/m

Ref: 16529

$7,785 p/m

Forest Drive

Palm Cay

Marina View | East N.P. Single Family | 10,958 sq. ft. Lot

Ref: 11946

$3,990,000

3Bd, 2Bth | 1Bd, 1Bth apartment MLS: 24622 | 10,363 sq. ft. Lot

$2,995,000

Ref: 8224

Reduced

Sea Breeze - Reduced to sell

4Bd, 6.5Bth | Single Family Home 16,000 sq. ft. Lot | 7,146 sq. ft.

Ref: 20974

Ref: 13950

Eastern Road | Off Camperdown 13,805 sq. ft. Lot

$220,000

Ref: 13373

Reduced

$166,000

www.grahamrealestate.com

Phone: (242) 356-5030

Gregory Graham President/Broker

Linda Eldon

PM/Appraiser/Agent

Laura Kimble Estate Agent

Dolly Griffin

Estate Agent

Delerese Pratt Estate Agent

Esther Mayet Admin. Asst.

Sophia Porras

Estate Agent/PM Assoc.


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THE TRIBUNE, HOME BUYERS’ GUIDE

DON’T HIT THE ROOF By Mike Lightbourn FIVE words. That’s all it takes to make even the most stoic home owner cringe. “You need a new roof.” Worse even than tenting for termites, a new roof is definitely bad news. It’s expensive, it’s disruptive and it’s a darn nuisance. If you have missing shingles, or your roof has split seams and broken, cracked or curled shingles, it may be a good idea to get a roof inspection. These are warning signs that shouldn’t be ignored. Dents or bruises on asphalt shingles also are an indication of possible damage. Asphalt shingles are coated with tiny granules to protect the roof from UV-rays. A build-up of these particles in gutters is another sign of deterioration.

BRACE YOURSELF

Repairing or re-shingling a roof is noisy. Unless you want a headache from the hammering, plan to be away from home during work hours. Consider your pets. Roofing is expensive. Get a job quote from several REPUTABLE contractors and make sure they will be around to supervise the work. The lowest quote isn’t necessarily the best. Ask for references and if you are in doubt, follow up and confirm they are legitimate. Obviously, this does not apply to contractors you have already established a good working relationship with. Costs will vary according to the type of roof and material required. For instance, steep roofs take more time and material to cover than flat roofs. This may be an opportunity to deal with any plumbing pipe issues you may have, or problems relating to a skylight if you have one.

50 YEAR SHINGLES

There are various grades of shingles. Asphalt roofing shingles make up the lion’s share of roofing materials in residential roofing. They are relatively easy to install and cost less than other roofing types.

Architect shingles, also known as laminated or dimensional shingles, are high quality and have a longer life. There are even 50-year shingles – the longest warranty offered. Aluminum is usually used to seal the joints where roof meets wall or another roof. Copper flashing is more durable and expensive.

RETURN ON INVESTMENT

Don’t expect to recoup the amount you spend on a new roof if you’re planning to sell your home. Buyers expect the roof to be in a good condition. If you can, it’s a good idea to invest in good grade material, especially if you don’t have any immediate plans to move. First off, you’ll roof will sport a nice “architectural” look and be more attractive. Given the expense and disruption associated with putting on a new roof, it makes more sense to invest in a longer lasting product. Properly installed, you shouldn’t have to worry about a new roof for a long time – if ever again.

TAX NO BRAINER

The government intends to amend the law to reinstate the previous definition of “owner occupied property.” This means that “owner occupiers” who live here on a seasonal basis (as opposed to a minimum of six months a year) will still be able to cap real property tax payments at $50,000. However, “owner occupiers” who rent their homes will be subject to paying VAT “as do commercial operators in other segments of the hospitality industry.” The idea is to generate additional revenue from the short-term vacation rental market. The tax increase on foreign owned undeveloped land from 1.5 percent to 2 percent stands. This should encourage vacant land owners to develop their properties or to dispose of them. The former will be good for the construction business. The latter will put the property in the hands of someone who likely will develop. In reinstating the “owner occupied” definition, the government is doing the right thing. Had they left the law the same, it would have had an adverse effect on islands which rely on the second home market to

Visit Us: http://www.tribune242.com

Mike Lightbourn is president of Coldwell Banker Lightbourn Realty support their robust economies. Abaco and Eleuthera come to mind. It is interesting to note that the islands with the best economies have vibrant second home markets. It really is a no-brainer.

QUESTIONS OR COMMENTS? Email me at: info@cbbahamas.com


THE TRIBUNE, HOME BUYERS’ GUIDE

MOUNT VERNON - CAC #860

ESTATES OF SEAVIEW - CAC #41

MONDAY, AUGUST 13, 2018, PAGE 7

PALM BREEZE-CAC #3289

CASTOR BEAN - CAC #3305

TROPICAL GARDENS - Beautiful split level single family home in the quiet community of Tropical Gardens, this three bedrooms, 3 baths home sits on an elevated lot of 10,000 sq. ft. with great views from the second floor balcony. $525,000 $490,000

Cozy, tastefully furnished 3 bedroom, 2.5 bathroom Located on Lot # 74 in the quiet community of Mt. townhouse located in a secured gated community of Vernon is a spacious, two storey Duplex. Constructed Estates of Sea View. in 2007, this spacious building is sitting on a amazing 12,000 sq. ft. lot. $560,000

VENETIAN WEST-CAC #3183

INDIGO UNIT #3-CAC #3287

This Monaco end unit composes of three bedrooms, two bathrooms and is slightly larger than the regular Monaco units. The unit has great indoor and outdoor space that is ideal for family entertaining and guest.

Beautiful 2 bedroom, 2.5 bathroom townhouse style condo located in the upper middle class gated community, of Indigo. This unit comes with a private backyard and patio great for entertaining.

SANDYPORT - CAC#838

INDIGO UNIT #2-CAC #3286

Located in the upper middle class gated community of Indigo is a 2 bedroom, 2.5 bathroom condo. This townhouse style unit is front facing and has partial sea views as well as space at the top of the stairs that can be used as an office. $325,000 $320,000

$375,000

CARMICHAEL MEADOWS - A great family home, this rancher style residence offers expansive living on two levels, living room, family room and gourmet kitchen makes for an ideal entertaining space. A first floor bedroom suite, designed for live-in relatives or support staff. $430,000

A lovely one bedroom condo in the exclusive community of Sandyport, west of Nassau. The beautifully decorated second floor unit is fully furnished with a balcony overlooking the canal that leads to Clipper Island. $280,000

YAMACRAW SHORE DRIVE-CAC #279

INSPIRATION ROAD-CAC #3300

DEAN’S LANE-CAC #3397

NASSAU EAST SOUTH-CAC #994

This 3 bed 2 bath home was built in 2014 and is located in Yamacraw Shore Drive in south eastern New Providence. It boasts 2100 sq ft of living space and features a tiled open concept living/dining/kitchen area. $279,000

Great family home in a quiet older neighborhood, in need of a little TLC, but has a great potential to become someone’s dream home located in Imperial Park, the home has 3 bedrooms, 2 bathrooms & a laundry room. $260,000

Located through Dean’s Lane is an 8,313 sq.ft multifamily lot which has 2 homes on the lot. The main home consists of 4 bedrooms and 2 bathrooms, and the guest house consists of 1 bedroom and 1 bathroom with a spare room that can be converted into another bedroom or office space. $250,000

A Fixer Upper’s Dream, a spacious house sitting on a large corner lot in Nassau East South. The house has 3 bed rooms, 2.5 bath rooms, a 2 car enclosed garage, a large living /dining rooms and lots of closet space. $225,000

RENTALS

COMMERCIAL

Blair Estates-CAC #1984-This spacious 3 bed, 2 baths home sits on a large landscaped lot in the upscale neighborhood of Blair Estates. $4,000

Union Wharf-CAC #505 - This property is a key redevelopment site, and is perfect for High-End Retail, Waterfront Dining and Entertainment, or even Parking. Additionally Condominium Residences, Office Space, A Marina have all been considered for this location. $17,000,000

North Westridge Unit #3-CAC #390-A brand new three level, beautifully decorated 4 bedroom, 3.5 bathroom condo in a gated residence in western Westridge. $3,900

BahaMar Boulevard Acreage-CAC #292 - This 18 acre site comprises of 950’ frontage on Baha Mar Blvd with great elevations making it ideal for any mixed-use development. $15,000,000

North Westridge Unit #1-CAC #290-A brand new, beautifully decorated two bed 2.5 bathroom condo in a gated residence in western Westridge. $2,900 North Westridge Unit #8-CAC #190-A brand new, beautiful fully decorated one bed room apartment located in a gated residence in western Westridge. $1,900 Leeward East Duplex-CAC #3393-Newly renovated, semi furnished 2 bedroom, 1 bathroom duplex in the quiet community of Leeward East. The unit has hurricane impact windows and is located in a little community with 4 other duplexes. $1,500

Harold Road-CAC #3237 - Great investment opportunity situated in the Southside of Harold Road and near Tonique Williams Darling Highway. This building is the perfect commercial investment property, as the building offers many uses and is in a great location as it is in a high traffic area, where the building has a lot of exposure. $1,350,000 Lyford Cay Manor Rental-CAC #9765 - Just steps outside the exclusive community of Lyford Cay, this first floor executive office suite is located on the western end of the island. With a very spacious square footage of just under 4,000 and fully furnished this office suite is ideal for financial trust companies, legal, architectural or consulting offices. $20,099 Lyford Cay House Rental-CAC #5873-This listing offers 9,768 sq ft of Class A office space for lease on the third floor of Lyford Cay House, and is perfect for firms engaging in professional services, and the space can easily be subdivided and reconfigured as needed. Price Upon Request

VACANT LAND Carmichael Road-CAC #3363-In the busy city 2000’ on the main Carmichael Road is a commercial property measuring 17,220 sq.ft. The property runs from street to street and is across from a busy shopping plaza, a Wendy’s and just up the street from the clinic and police station. $511,000 Fire Trail Road-CAC #318 - This well-priced 6,749 sq.ft multi-family lot in a great location close to shopping, schools and restaurants. Roads are paved and all infrastructure is in place. $75,000 West Bay Street-CAC #619-This beautiful 20,986 sq.ft lot is located in the West Bay Street area, near Love Beach and Westwinds, and is in a small secluded cul de sac. This lot is within close proximity to the Lynden Pindling International Airport, banks, restaurants and entertainment. $230,000 Twynam Heights-CAC #339-Single family property located in the Eastern community of Twynam Heights Subdivision, the 8,600 sq.ft lot is great for a family looking to build their dream home. $110,000 Greater Chippingham-CAC #700-Multi-Family lot located through Tyler St. & Quarry Mission Rd. in Greater Chippingham. This corner lot is centrally located with close proximity to Downtown, Fish Fry, restaurants, schools, churches, and bus stops. $70,000

sales@cachristie.com | West Bay Street | Tel: 242-326-4800, 242-325-7960 | Fax: 242-326-5684


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THE TRIBUNE, HOME BUYERS’ GUIDE

DEVELOPERS DIRECT COMMERCIAL LAND OFFICE LEASE HOME RENTALS RESIDENTIAL LOTS RESTAURANT SPACE

Jolika Buckner, Broker

Lot 256 Sandyport Drive

Please contact us for price

Lot 254 Sandyport Drive

This 5,291 sf singlefamily lot home has over 150 linear feet of dockage with lovely waterway views. Located in the gated community of Sandyport, which includes swimming pools, tennis courts and children’s playgrounds, with restaurants, bank and gym nearby.

19 Poinciana Cay

Large 9,430 sf singlefamily lot home with great canal views on the corner. Located in the gated community of Sandyport, which includes swimming pools, tennis courts and children’s playgrounds, with restaurants, bank and gym nearby.

Please contact us for price

Church Street, Building 3

Ask us about a 2-year Rental Guarantee! Lovely views from this 4-bed 4-bath home with own pool, dock, beach and generator. Open-plan kitchen and dining area great for entertaining.

$1.2 million

TW SPA O C LEFTES !

Purpose built office spaces with 24-hr security, CCTV, back-up power generator, high-speed internet, ample parking, elevator and beautiful architecture in one of the most sought after locations in western New Providence. All units are finished to Sandyport Standard.

# 209 - 1,505 sf $4,138 rent $1,003.33 CAM

# 210 - 1,505 sf $4,138 rent $1,003.33 CAM

101-103 Church Street Spacious 1,640 sf open plan office with two private rooms with 24-hour security, CCTV and back-up generator. Popular restaurants, post office, gas station, bank, and gym close by. Ample parking.

$4,510 per month $1,033.33 CAM

www.sandyport.com

Contact: Jolika Buckner, Broker | Work: 327-2425 | Cell: 376-1662 | E-mail: jbuckner@sandyport.com


THE TRIBUNE, HOME BUYERS’ GUIDE

MONDAY, AUGUST 13, 2018, PAGE 15

If you require further information or require assistance please feel free to contact: (242) 677-3763 | www.bumblebeebahamas.com Nassau, Bahamas

Using Ground Covers GROUND covers are the answer to many of those troublesome areas of your landscape. Areas where it seems nothing else will grow. For example imagine you have a area that goes over a rocky slope, Or maybe a septic tank that you would like to cover or perhaps a blank ugly wall that does nothing for you. All of this landscape situations can be effectively beautified by using ground cover. But what do we mean when we talk about ground covers? Well, ground covers are low growing plants planted in close proximity to one another used to cover and beautify areas where grass will not grow or is not desired. Ground covers have an advantage over grass in that they are useful plants for trying situations. There are ground covers that will grow in wetter places or drier areas than grass will tolerate. Ground covers tend to be hardy and require significantly less irrigating than lawns do. Whenever soil erosion is a problem the ground cover roots can stabilize the soil and their foliage breaks the force of heavy rains. Ground covers as aforementioned can reduce lawn maintenance on steep slopes where mowing is hard and sometimes dangerous. Many do very well in difficult areas such as strips of ground between sidewalks, drives or walls. Areas of dense shade where grasses will not perform adequately may benefit from certain ground covers. Others provide barriers to foot traffic. The particulars of the growing conditions of the site must be considered before determining which variety of ground cover to use. Light intensity, drainage, soil and location will have marked influence on which plants can be selected. Some ground covers are virtually your only option for sea side planting as they grow well in sand and are very tolerant of the sea side environment.

Asia Jasmine

HERE ARE MY TOP PICK FOR GROUND COVERS

1. Asia Jasmine - Well to be honest I am not certain if Asia Jasmine is truly categorised as a ground cover but I certainly have used it and seen it used effectively as one. Its excellent in sun or shade under big trees it holds its deep dark green colour. It is very drought tolerant and can be maintained by simply cutting it with a mower set at its highest setting once or twice a year. 2. Creeping Fig - Again here is a plant that seems that maybe it shouldn’t be called a ground cover since its most popular use is to have it creep over walls. But yes it can serve a beautiful purpose covering ugly, boring, bland walls or wooden surfaces. 3. Beach Morning Glory - I think this has always been one of my favourites first because it reminds me of the beaches of Eleuthera when I was a kid. However Morning glory truly is a great choice to add some colour to those hard to landscape beach scenes. It is very drought and salt tolerant. So try a “ground cover” as another tool in your landscaping kit. Should you require comments or question as regards ground covers please feel free to contact me, Marcus Sweeting at marqleads@gmail.com or call me 525-0933 or visit and like us on Facebook.

Creeping Fig

Beach Morning Glory


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THE TRIBUNE, HOME BUYERS’ GUIDE

Turning Passion Into Business “Happy Trails” Horse Riding Tour, since 1976, is the PERFECT TURNKEY BUSINESS OPPORTUNITY! The Open Zoned Ranch allows the buyer to create and innovate the existing operation with expansion of animal sanctuary, training centre, petting zoo and add a BNB cottage colony for horse lovers! The Opportune Property includes Two Bedroom Ranch Bungalow, 21 Horse and Pony Stalls, Pasture Areas, Paddocks, Outdoor Riding Arena, on 10 Large Building Lots! A Ranch Lifestyle, with a great income to support it! EXCEPTIONAL VALUE for only $795,000! Ref#1764 - Marilyn Ayearst

$795,000

Discover Oceanfront Community For Personal Residence or Short Term Rentals Two Storey Residence, 1934 sq ft, 3 Bedroom 2.5 Bathroom, presents great Open Floor Plan, NEW Contemporary White Kitchen Cabinetry adding a fresh posh look, Travertine and NEW Wooden floors, 10ft ceilings throughout. You will appreciate the natural light from this “End Unit” Residence with the additional privacy on terrace and balcony! Amenities: 24/7 Security, 1200 Ft private beach, full service marina, dockside cafe’, elegant owner’s Clubhouse with pools, fitness centre, Beachfront Bar and Grill, tennis courts, and on-site management services. Palm Cay is an ideal location for short boating trips to Rose Island or Exumas! Ref#1803 - Marilyn Ayearst

$550,000

Adelaide Gardens

Sir Lynden Pindling Estate

Gleniston Gardens

Twynam Heights Home

Perfect starter offers 2 bedrooms, 2 baths on a 6,4024 sq.ft. corner lot in a quiet neighborhood. Features include hurricane impact windows, 3 ductless A/C units, ceiling fans, granite counter tops PLUS extra room that can be converted to a third bedroom. Ref#1823 - Advara Joos

Single Family 3 bed, 3 bath, 1,791 sq ft. home on a large fully enclosed 9,000 sq ft lot. Features include central A/C, wood ceilings and burglar bars, a bonus room which can be utilized as a home office. Ref#1785 - Nikki Boeuf

Spacious fixer upper with 6 Bed, 4 bath, 4,175 sq ft. colonial style home with dream-home potential in a highly desirable community. Ref#1831 - JC Percentie

Cotton Tree Plaza

Seaview Drive Townhome

Commercial building with 4 large units. Two store fronts with armored car drop deposit, burglar bars and two upstairs units can be used as offices or apartments. The rental return on investment is incredible. Ref#1800 - Rudy Carroll

Spacious 2 story 2 bed, 1.5 bath townhome within a small gated complex PLUS vacant land with approved plans for 3 additional units. Additional features include central A/C, wooden cabinets, granite counter tops, stainless steel appliances, washer/ dryer and much more. Ref#1822 - Rudy Carroll

Boater’s Paradise, Port New Providence

Quaint 2 bed, 2 bath 1,600 sq ft. single family home with modern finishes, stainless steel appliances, master suite with wood floors and walk-in closet, central and ductless A/C units and a fully enclosed yard. Ref#1820 - Vanessa Ifill

$200,000

$325,000

$215,000

$475,000

$295,000

CANALFRONT Building Lot 18,000 ft. with 30 ft Dock, water and electricity in Prestigious Gated Community with private beach, clay tennis courts, Clubhouse and 24/7 security. An Ideal Location to build your dream home! Marilyn Ayearst

$599,000

$308,700

Turnberry Family Home BRAND NEW 4 bed, 3.5 bath, 2,229 sq. ft. home with covered patio in a beautiful gated community. This eco-friendly home comes complete with all kitchen appliances, LED lighting, washer & dryer, ductless A/C units, hurricane impact windows and porcelain tiles throughout. Ref#1839 - Carmen Massoni

$845,000

Quantum Plaza #4 – Office space with 4 offices, reception, restrooms, kitchenette, generator and ample parking. $2,406.38 Cable Beach – Now Available 3 bed, 3 bath, 3,000 sq.ft furnished condo in gated complex, Washer & Dryer and swimming pool. $3,500 Estates of Seaview – Spacious 3 bed, 2.5 bath, 2,540 sq.ft. split level townhome, fully furnished, equipped kitchen and pool. $3,800 Charlotteville – New 3 bed, 2.5 bath home in secure gated community, fully furnished, private yard and stand by- generator. $6,000 East Bay Street – Beautiful 3 bed, 3 bath home with ocean views, fully furnished, pool and private dock. Ready for immediate occupancy! $10,000

Cannan Shores – Single family lot offering 5,040 sq. ft. of space in a quiet community in the Western District with utilities available. $60,000 Ixora Avenue – This 5,900 sq. ft. property with all utilities to property with great views in a well-established, quiet neighborhood. $75,000 Winton Meadows – Single family 9,000 sq. ft. lot in a family oriented community. Call NOW for this excellently priced lot! $94,000 South Westridge – Large 7,140 sq. ft. duplex lot within the gated community of Emerald Coast. Priced for quick sale. $115,000 Hanna Road – Single family 29,905 sq. ft. lot in family friendly neighborhood near schools and shopping. $181,000


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