New Grand Bahama resort opens

A new resort has opened on the west end of Grand Bahama.

Nandana, which means 'paradise' in the Indian language of Sanskrit, is designed in the style of a Thai beach mansion. The resort comprises more than 18,000 square feet of living space and offers guests the luxury of a five-star hotel, with the intimacy of an opulent private home.

In the center of the resort is the Great Hall, a soaring main house with living and dining areas and a 40-foot-high ceiling. Surrounding the main house are five one-bedroom suites, including two 1,000-square-foot beach front pavilions, two garden bungalows, and a 2,000-square-foot luxury canopy suite.

The resort also has a 5,100-foot landing strip, for guests arriving by private jet, as well as a deep-water canal leading to two sheltered on-site docks able to harbor a pair of 100-foot yachts.

On-property staff provide the services of an estate manager, concierge, chef, masseuse, personal housekeeper, butler, chauffeur and boat captain.

Bahamas Banking sector to receive more taxes

The domestic banking sector of The Bahamas is set to be hit by increased taxes next year, Prime Minister Hubert Ingraham has vowed.

Speaking at a press conference at Nassau' airport the Prime Minister said: "The banking sector in The Bahamas is under-taxed, we've made that point before. We began last year increasing the licensing fees for banks in The Bahamas, that is inadequate.

"The banking sector should pay more and in due course they will be required to pay more."

One leading light in the financial world to agreed that the banking sector should be taxed harder.

President/chief executive of British American Financial Chester Cooper said: "Many offshore centers like the Bahamas appear to be increasing indirect taxes with a view to avoiding the implementation of more direct means of taxation such as income taxes or Value Added Taxes (VAT).

"Quite frankly, in time we will find that we have delayed the inevitable. Direct taxation although not without its challenges will be more efficient in terms of collections and otherwise, but is more progressive and equitable as well.

"It has long been the view that banks in the Bahamas are under-taxed and the formula quite rightly needs to be re-assessed. Insurers for example, pay a percentage of top line Gross premiums by way of premium taxes. This amount can work out to be inequitable and substantial, as there is no regard for whether the company makes a profit or not."

10 Ways to Spruce up your Property

Are you a landlord who is ready to have a tenant in your place? Are you a homeowner who is ready to sell their home or condo etc? Do you have updates and improvements to do on your place but not sure where to start or what to do?

If you are, I suggest you read the article '10 Ways to Spruce up your Property' to help you along your way. This article was written by RE/MAX Bahamas Paradise Realty just for you!

The topics covered in this article are:
1) Un-clutter your Space
2) Fresh Paint Job
3) Crown and Floor Molding – Install and Paint
4) New Electrical and Light Switch Plates
5) Front Door
6) Update the Kitchen
7) Update the Bathrooms
8) Clean the Tile Grout
9) Clean the Carpets
10) Go Green and Add Plants

Click here to read the full real estate article on 10 Ways to Spruce up your Property.

Dominican Republic Condo's

Through my internet browsing and website hoping I came across this website which offers information on the condominium development called Infiniti Blu, which is based in the Dominican Republic. I thought that I'd share it with you.

'Infiniti Blu' is a new development located in the booming tourist community of Sosua, North Coast of the Dominican Republic.

Dominican Republic Real Estate - Infiniti Blu offers oceanfront and poolview condos for sale in Sosua, North coast of the Dominican Republic

Beautiful Treasure Cove Home for Sale

Perhaps one of the most unique offerings in Treasure Cove, this beautifully designed and impeccably maintained family home is ready for immediate occupancy.

Situated on a desirable corner lot and enclosed with privacy fencing, this residence affords the first time home buyer a unique opportunity to live in a gated, safe environment while enjoying modern finishes and lush surroundings.

Treasure Cove is located on the southeastern area of New Providence and has become one of the most popular gated residential areas of Nassau due to its beach frontage, secure family atmosphere, large park & playground, and close proximity to schools and shops.

To view additional information and photos of this 3-bedroom home please visit ParadiseBahamas.com and Quick Search for Listing #3076.

Gated Community Rental - Back on the market

This Montague Villas Duplex for Rent has just come back on the market and it is looking for a tenant to call it Home.

Located in the back section of the gated community of Montague Villas sits this newly built fully furnished duplex. You will feel safe and right at home behind the gates of Montague Villas, which is centrally located on Village Road. Shops, schools, restaurants and more are located within walking distance so you'll never have to stray too far.

To view additional information and photos of this 2-bedroom Duplex please visit ParadiseBahamas.com and Quick Search for Listing #2544.

RE/MAX Bahamas now on MySpace!

RE/MAX Paradise Realty has now joined the social network MySpace! If you are a member of MySpace and you would like to be friends to stay up to date with real estate in The Bahamas then click here: RE/MAX Bahamas

Find RE/MAX Paradise Realty on MySpace here and add us as a friend.