Mario Carey Realty reports first Baha Mar residence sale

Sat, Sep 8th 2012, 08:29 AM

Touting Baha Mar Residences Potential Nets 1st Bahamian Sale -- Realtor Mario Carey reported the first local sale of a Baha Mar Residence, one of 307 starting at $1.2 million in the resort complex transforming Cable Beach into the Bahamian Riviera. (Photo by Derek Smith, Jr. for DP&A)NASSAU, Bahamas -- One week after Mario Carey Realty hosted a formal Baha Mar Residence presentation in The Bahamas, the firm's founder reported the first local sale of a residential unit in the $3.5 billion resort enclave
"We're very excited about this sale," said Carey, "because all of the sales prior to this were made abroad and this sale reflects a quick response to the appreciation of Baha Mar's investment value for Bahamian citizens and residents."
Mario Carey Realty, one of seven real estate firms approved to handle Baha Mar residential transactions, hosted a presentation in conjunction with Baha Mar Senior Vice President, Rick English, at Baha Mar's offices August 24. The signed contract was presented within a few days. Several other people submitted deposits, demonstrating interest and good faith intentions.
"We knew that interest was keen when nearly every invited guest turned out for the event despite Tropical Storm Isaac bearing down on Nassau that evening with high winds and heavy rains," said Carey.

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