China Loans $530m to Promote Investment

Over the next three years The Bahamas will benefit from China's preferential loans to promote Chinese business within the Caribbean.

Last year the trade volume between China and the Caribbean region reached a record high of $4.4 billion - a 64 percent increase over the prior year.

With the Chinese government implementing actions to "push" their people, whether for business or personal pleasures, to Caribbean destinations, one can almost brace themselves for the impact that will no doubt be felt.

There will definitely be a flux of Chinese people, products and business flocking to the Caribbean region. This "flux" will impact the real estate market. It may not be seen in the first few years, but it will be in the following.

Albany House Phase 1 Costs

Construction on the Albany Golf & Beach Club's first phase is estimated to cost $66.11 million.

The Environmental Impact Assessment (EIA) said that most of the costs of phase 1 would be incurred from the golf course and infrastructure. Previous costs were estimated at $14.5 million, with Albany's own roads, parks, ponds and lot servicing costing an additional $13.17 million. That totals to $27.67 million, which is a far cry from the new estimates; $38.44 million to be more precise.

Further costs in the construction of the first phase would include:
* $3.2 million for modifying Albany House
* $8.7 million for the marina
* $3.6 million for a perimeter wall and security equipment
* $2.9 million on entry gates
* $5 million for a water park and adult swimming pool

Treasure Cove Home Just Listed

Have you heard of Treasure Cove before? It's a lovely family oriented community with Nassau's premiere school (St. Andrew's School) not even one minute away from the entrance gates.



Enjoy the good life in this charming 3 bedroom family home in the gated, oceanfront community of Treasure Cove.

Check it out here.

Paradise Real Estate Launches New Website

In march of this year (2007 for those battling to keep up with the rest of us) Paradise Real Estate (PRE) re-launched their website to the world. This new website was designed around ease of use and functionality. Everything flows so smooth on their new website; pages seem to glide.

From their information About The Bahamas and Bahamian Communities and their Buyer’s Guide & Seller’s Guide to their Advanced Property Search, one can see the devotion & intelligence Paradise Real Estate has as a company and as individuals themselves.

The Bahamian web company Thyme Online undertook the project of creating an inviting and easy to use website for PRE. Thyme Online has recently reached a personal milestone in it's history, with more than 100 websites currently online. They have clients from The Bahamas, Montserrat and Anguilla, to the United States and as far away as Sweden.