Grand Isle Villas #1104, Great Exuma
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- 2 bedrooms
- 3 bathrooms
Property descriptionThis villa is an end unit with the advantage of three decks - two on the second floor level, one facing south east and the other facing west providing sunshine throughout the day, and a third deck at ground level.
This two bedroom villa consists of 1,906 square feet under air, with 385 square feet of deck space, and 80 square feet for the golf cart garage for a total of 2,371 square foot.. The golf cart is also included. This villa is centrally located close to the pool and Palapa (the dining area).
Building One is located directly across from restaurants and pool in a wonderful sought after spot on a gorgeous 5-Star Resort with great rental revenue opportunities and exempt from property tax if in the rental program.
When you purchase a Grand Isle villa and participate in the rental program, your villa is completely exempt from property tax. This is a provision guaranteed under the Bahamas Hotel Encouragement Act. In addition, the rental program provides rental revenue back to the villa owner offsetting the HOA fees. The very profitable hotel company, Grand Caribbean Resorts, which provides services such as housekeeping, food and beverages services and administration including reservations and security is completely owned by the Grand Isle HOA. Profits generated by the hotel company further offset operating costs for items like amenity items and common area utility expenses. The resort has become very profitable and in many cases provides a return to individual villa owners in excess of their HOA and utility fees. Maintenance service is provided by our very capable on site staff which represents a real convenience. Finally ownership of a villa, allows participation with Elite Alliance and Third Home which offers reciprocal vacation vistas world wide.
Grand Isle Villas, Exumas, Exuma, Bahamas
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