Search results for : condos
Condo Vikings Top Producers continue to bolster Real Estate Industry
The Real Estate industry closed out a successful 2022 with the continued rise of two luxury market agents from Condo Vikings and its sister company Jolie Luxury Home.
Lyford Cay condo project rejected in current form
Lyford Cay condo project rejected in current form
A bid by Eastmor Properties Limited for approval in principle to build four nine-story condominium towers within the gates of Lyford Cay has been rejected by the Department of Physical Planning, which informed the applicant the plan will constitute "overdevelopment of the site". Director of Physical Planning Charles C. Zonicle yesterday informed Michael Alexiou, principal of ...
The post Lyfo...
Lyford Cay could find out as early as today if embattled nine-story condo project has the go-ahead
Lyford Cay could find out as early as today if embattled nine-story condo project has the go-ahead
Eastmor Properties Limited could find out as early as today whether they have approval in principle to build their four nine-story condominium towers within the gates of Lyford Cay, the company's representative Allyson Maynard-Gibson, QC, said yesterday, adding that they could also find out if the Town Planning Committee has approved the development's requested nine-story ...
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Investments propelling Grand Bahama real estate from doldrums to ‘hot commodity,’ buyers buying lots, condos sight unseen, says Island Living Real Estate’s agent Alex Thompson
After years of a sluggish economy, real estate in Grand Bahama is ‘suddenly a hot commodity’ drawing interest from local and foreign buyers, thanks to major new investments that have driven prices up by double digits in the last quarter, according to a real estate agent. Alex Thompson of Island Living Real Estate credits the seemingly overnight increase in Grand Bahama properties to hundreds o...
25m condo project's 200 construction jobs
25m condo project's 200 construction jobs
By ALISON LOWE
Business Reporter
alowe@tribunemedia.net
A group of eight Bahamians in San Salvador are in talks with a Bahamas-based development company to become the general contractor on a $25 million, 60-condominium project on the island, which could employ up to 200 construction workers.
Sand and Ocean Investments Ltd, owned by Montreal real estate developer, Jean-Marc Daigle, is partnerin...
Ministry 'monitoring' collapsed condo tragedy
Ministry 'monitoring' collapsed condo tragedy
THE Ministry of Foreign Affairs said it is monitoring the tragedy in Surfside, Florida where at least nine people are dead and more than 100 people are unaccounted for after a multi-story condo building partially collapsed.
Access Industries says access to beach blocked as development on condo-hotel project begins
Access Industries says access to beach blocked as development on condo-hotel project begins
Access Industries, the Paradise Island developer that blocked one access point to Cabbage Beach, said the decision was made for safety reasons as it forges ahead with plans for a multi-million condominium project. The developer added that "the public still can readily access the beach at Beach Club Drive, off Paradise Island Drive, or considerJunkanoo Beach or Montagu Beach on Nassau.”
Ministry of Finance: Condo and Homeowner's Association Fees Subject to VAT
Amid increasing enquiries the Ministry of Finance explained today that maintenance fees for condominium and homeowners' associations will be subject to VAT if the annual billings exceed the mandatory registration threshold of $100,000...
Growing concern on VAT for homeowners, condos associations
President of the Bahamas Real Estate Association (BREA) Carla Sweeting said yesterday she was "concerned" by the government's decision to apply value-added tax (VAT) to condo and homeowners associations (HOAs), which will be mandatory for associations with annual billings exceeding the registration threshold of $100,000.
Speaking with Guardian Business, Sweeting said she was "not surprised" by yes...
Condo and homeowners associations fees subject to VAT
The Ministry of Finance said yesterday that maintenance fees for condominium and homeowners associations will be subject to value-added tax (VAT) if the annual billings exceed the mandatory registration threshold of $100,000.
For some associations, this threshold may not be reached until property insurance services become VAT-able in July 2015.
In such cases, mandatory registration would be put of...