Lofty Fig VillasMarsh Harbour, . Bahamas

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A rare opportunity to own a piece of commercial or residential Real Estate in the heart of Marsh Harbour, one of the fastest growing vacation destinations in the Bahamas awaits the right investor. The Lofty Fig Villas, with six efficiency units is located in the center of Marsh Harbour’s restaurant and marina district. The business consists of three units @ 1,042 sq. ft. each, and an office/laundry building of 450 sq. ft. Built in 1970 and carefully maintained and upgraded, it is family owned and operated. The “Fig” has been a fixture in Marsh Harbour for almost 40 years, with a high occupancy rate and a long list of repeat guests. In 2010 it was awarded a certificate of excellence from TripAdvisor for attaining a Five Star rating. Marsh Harbour, the third largest “city” in the Bahamas has emerged as a hot vacation and retirement community and is perfectly positioned for rapid growth in the near future. It now has a new 6,500 foot runway with a new airport terminal on target to be started in 2011, and a new Diesel Power Plant has just been completed with over four times the output of the current plant. Marsh Harbour also has two excellent hardware stores and the most modern Supermarket in the Bahamas, along with a modern and efficient Port facility for the importation of goods and materials from all over the world. All this makes The Fig and its acreage, underused and a prime spot for development. The location is perfect for a new larger hotel, or a number of houses or condominiums. Only about 50% of the land is currently developed. Exclusively Offered by Damianos Sotheby's International Realty Bill.Albury@SothebysRealty.com SIRbahamas.com REF:5827 SothebysRealty.com REF:4000017924

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