Property Information

Sunrise Resort and Marina

Loan Amortization Calculator

You can use this loan calculator to work out what your monthly repayments might be for various loan amounts, repayment periods and annual interest rates. This can help you decide whether you can afford the repayments.

Loan Amount ($) Interest Rate (APR) Number of payments
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An amortization schedule reveals the specific dollar amount put towards interest, as well as the specific put towards the Principal balance, with each payment. Initially, a large portion of each payment is devoted to interest. As the loan matures, larger portions go towards paying down the principal. The first payment is assumed to take place one full payment period [one month] after the loan was taken out, not on the first day of the loan. The last payment completely pays off the remainder of the loan, often the last payment will be a slightly different amount than all earlier payments. In addition to breaking down each payment into interest and principal portions, the amortization schedule also reveals interest-paid-to-date, principal-paid-to-date, and the remaining principal balance on each payment date.

There are a few crucial points worth noting when obtaining a mortgage for a home with an amortized loan. First, there is substantial allocation of the monthly payments toward the interest, especially during the first years of the mortgage. You will notice that the first payment allocates about 90% of the total payment towards interest and only about 10% toward the principal balance. Not until much later payments into the loan does the payment allocation towards principal and interest even out and subsequently tip the majority of the monthly payment toward Principal balance pay down.

Description

Located only five minutes from town center and ten minutes from Grand Bahama International Airport, Sunrise Marina & Resort provides an Out Island Retreat where guests may slip away from it all.

The property consists of 4.5 acres of tourist commercial zoned canal front real estate, located only a couple of yards away from a white sandy beach.

The features of the property include a 31 room and 1 suite hotel, a 58 slip all floating dock marina with fuel dock, ship store, all dockside utilities, restrooms/showers, cold storage facility, ship repair yard with travel lift, children's playhouse and playground, picnic area, and a customs/immigration/security post.

There is also a 48 seat full service restaurant and bar, a convention center, fresh water pool with pool bar and grill. TURN KEY OPERATION. Completely refurbished in 2000.

Currently the resort is in need of repairs and some modernization.

Arrange a viewing today!

Amenities

• Canal Front
• Children Allowed
• Dock
• Furnished
• Swimming Pool
• Turn Key

Pictures / Photos

Real Estate Company : HG Christie Real Estate

Established in 1922, H.G. Christie Ltd. is the oldest and most extensive real estate service in The Bahamas and because of our consistently high level of service, we are also the exclusive affiliate in The Bahamas of Christie's Great Estates, the real estate arm of the world-renowned Christie's Auction House.

We have an incomparable collection of listings for your consideration, and we would be pleased to help you discover your own way to enjoy Elegant Island Living.

More info   All properties of this realtor

Real Estate Agent : Catherine Macleay