High-End Rentals See 'Huge' Increase

The local real estate market is seeing an increase in the number of high-end vacation rentals, as close to 70 percent of international buyers are willing to rent out their homes nowadays, Guardian Business can confirm.

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D's Car Rental gives back to the community of Grand Bahama

Freeport, Bahamas - With the recent fires destroying homes in Grand Bahama, D's Car Rental
decided to donate to one of the families who lost everything to a house fire.
Pictured from left to right are employees of D's Car Rental, Adrian
Lightbourne, Jacqueline Nesbitt, Alexander Nesbitt, fire victims the Tate
Family, Jessica Bien-Aime, (owners) Darren Cooper and Sarah Cooper.

D's Car Rental a...

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Some Arawak Cay vendors refuse to pay rental arrears

Several vendors at Arawak Cay are refusing to bring their lease payments up to date until they have another meeting with Minister of Agriculture, Marine Resources and Local Government V. Alfred Gray.
In a meeting on Monday, Gray warned vendors to make efforts to bring their payments up to date or face eviction.
Rodney Russell, owner of Red Snapper and a vendor for 17 years, said he hasn't paid his...

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Mario Carey Realty Launches Vacation Home Rentals Division

Mario Carey Realty recently launched a new division aimed
specifically at handling vacation home rentals, a market Carey says has
unlimited growth potential.

"For years, homeowners in the Family Islands have benefitted
from the desire of visitors to stay in a home rather than a hotel and they have
been able to satisfy that demand," said Carey. Now, he says, the desire for
vacation homes throughou...

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Mario Carey Realty Launches Vacation Home Rentals Division

Mario Carey Realty recently launched a new division aimed specifically at handling vacation home rentals, a market Carey says has unlimited growth potential.
"For years, homeowners in the Family Islands have benefitted from the desire of visitors to stay in a home rather than a hotel and they have been able to satisfy that demand," said Carey. Now, he says, the desire for vacation homes througho...

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New turbine and rental units for BEC

The Bahamas Electricity Corporation (BEC) and Japanese conglomerate Hitachi, signed a multi-million dollar contract yesterday for the supply and installation of a generator that is expected to provide more reliable and affordable electricity for New Providence consumers in the near future.
The $23.7 million contract will provide for the installation of the 24-megawatt combustion turbine during the...

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P.O. Box rental fees now due

NASSAU, Bahamas -- The Postmaster General wishes to remind the public that rental fees for private post office boxes are due and should be paid on or before 31st January, 2012.
Persons who rent Post Office boxes are advised that during the period 1st February to 31st March, 2012, they may be allowed to retain their boxes only after payment of a penalty charge of $10.00 in addition to the rental f...

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Post Office Box Rental Reminder

The Postmaster General wishes to remind the public that rental fees for private post office boxes are due and should be paid on or before January 31, 2010.

Persons who rent post office boxes are advised that during the period February 1 to March 31, 2010, they may be allowed to retain their boxes only after payment of a penalty charge of $10.00 in addition to the rental fee.

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RENTALS REDUCE GB POWER OUTAGES 51

By DENISE MAYCOCK

Tribune Freeport Reporter

dmaycock@tribunemedia.net

Grand Bahama Power Company's rental units have driven up the fuel surcharge due to their inefficiency, the company's chief executive has admitted, despite reducing power outages by 51 per cent year-over-year during the 2011 first half.

The island's monopoly power supplier had brought in the units to provide 54 megawatts (MW)...

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BEC to spend 3m on generator rentals

The cash-strapped Bahamas Electricity Corporation will spend $3 million to rent 20 megawatts of generators from a European firm for 13 weeks in a bid to prevent future power outages, BEC General Manager Kevin Basden said yesterday.

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Grand Bahama Power Company installs 54 rental generator units

By DENISE MAYCOCK

Tribune Freeport Reporter

dmaycock@tribunemedia.net

FREEPORT - Grand Bahama Power Company is improving its reliability and efficiency level here on Grand Bahama with the instalment of 54 rental generator units.

The units arrived on April 14 and were sourced from Aggreko, a global leader in generator rental. It represents an additional 35MW of supplemental generation at the po...

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Abaco Club's 20 rental interest rise

By CHESTER ROBARDS

Business Reporter

crobards@tribunemedia.net

ORLANDO, Florida - Ritz-Carlton's only international Destination Club property, The Abaco Club at Winding Bay, is readying for an improved 2011, after a 20 per cent increase in rental interest followed the property's addition to Marriott's widely-visited website,

Edward Kinney, Ritz-Carlton's vice-president of corporate affairs and...

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Developer sees 20 rise in rental prices

By ALISON LOWE

Business Reporter

alowe@tribunemedia.net

A major Exuma developer has seen a 20 per cent increase in property rental prices and a "good year" for sales, crediting the re-opening by Sandals of "anchor tenant", the Emerald Bay property, for improving business conditions.

Randy Hart, managing director of February Point - a high-end boutique resort community in Great Exuma - said he ...

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Scaffolding Rentals

Speed Week Antique Auto Club Show Arawak Cay

Sunday 25th November 2012  9:00 AM

Sunday! November 25th! !

Auto Trade Show at Arawak Cay Arena
Miss Speed Week Beauty Pageant

Set for November 24-December 2, Bahamas Speed Week 2012 kicks off with a concert at Arawak Cay on Saturday evening followed by a Miss Speed Week Pageant Sunday. Some 60 classic racing and sports cars, including several belonging to local drivers, will participate in time trials, an island tour at sp...

Two VAT holidays to help families cope

PRIME Minister Dr Hubert Minnis announced that both a back-to-school value added tax holiday and a hurricane preparedness VAT holiday will take place during August and July.

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HGC President: Real Estate Future for Eleuthera “Never Looked Better”

Touting a “robust” outlook for the real estate industry of Eleuthera and Harbour Island, HG Christie President and Managing Broker John Christie told attendees of the Eleuthera and Harbour Island Business Outlook that the future of real estate on the island “has never been better.”

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HGC President: Real estate future for Eleuthera "Never looked better"

NASSAU, BAHAMAS —  Touting a "robust" outlook for the real estate industry of Eleuthera and Harbour Island, HG Christie President and Managing Broker John Christie told attendees of the Eleuthera and Harbour Island Business Outlook that the future of real estate on the island "has never been better." Christie was one of several presenters and panelists [...]

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Eleuthera on the "precipice of a renaissance," but housing shortage a concern

NASSAU, BAHAMAS—Eleuthera is on the "precipice of a renaissance," a Cabinet minister stated yesterday, noting that the island has seen a drastic uptick in property sales and the development of a second-home market. Works and Family Island Affairs Minister Clay Sweeting, the Central and South Eleuthera MP, while addressing the Eleuthera Business Outlook, stated: "In [...]

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Letters to the Editor: The 'Plight' of Parliamentarians?

Editor, Way back in the day, persons who offered for election to the House of Assembly and were elected or those who accepted an appointment to the Senate were often self-employed in the business or professional worlds. In short they were independent financially. They did not, ordinarily, look to the public purse for sustenance. Over [...]

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