01072019 HOME BUYERS' GUIDE

H ome Buyers’ Guide The Tribune

The Bahamas Source For Homes, Condos, Apartments, Lots & Rentals

Monday, January 7, 2019

PAGE 2, MONDAY, JANUARY 7, 2019

THE TRIBUNE, HOME BUYERS’ GUIDE

www.grahamrealestate.com | Phone: (242) 356-5030 Elizabeth On Bay - Unit 16A/B MLS: 35347 | 4,002 sq.ft.

Restaurant, Bar & Lounge

$11,006 p/m

Ref: 22064

Elizabeth On Bay - Unit 16C MLS: 35343 | Size: 3,106 sq.ft.

Business Opportunity, Bar, Deli

Comfortably Numb

Albany Club Villa

5Bd, 5.5Bth | Fully Furnished 10,729 sq. ft. Lot Size | 5,044 sq. ft.

$4,150,000

Ref: 20244

#82 Sunset Drive

3Bd, 4Bth | Port New Providence Fully Furn. | Pet Friendly |15,110 sq. ft.

$8,542 p/m

Ref: 22063

Lyford Cay | Canal Front Home 4Bd, 4.5Bth | 28,183 sq. ft. Lot

Ref: 13950

Reduced

$3,450,000

Nebruck House Unit 8A

Sandyport | Condo/Townhouse 3Bd, 2Bth | Furnished | 1,675 sq. ft.

Available January 15th, 2019

MLS: 21943

$7,000 p/m

Forest Drive

Lot #137A Eleuthera

Eastern Road | Off Camperdown 13,805 sq. ft. Lot | MLS: 25879

Ref: 13373

Gregory Graham President/Broker

Reduced

Laura Kimble Broker

Whale Point Subdivision Size: 12,000 sq. ft. | MLS: 34916

$159,000

$50,000

Ref: 21663

June Russell Broker

Dolly Griffin Sales Agent

NRA: 566 sq. ft. | MLS: 35597 Retail, Office Space

Ref: 22278

$1,300 p/m

Old Fort Bay - 3 Car Garage

3Bd, 6Bth | Single Family Home 16,000 sq. ft. Lot | 7,146 sq. ft. Living

Ref: 20974

$2,995,000

Harbour Mews Unit #34

Cable Beach | Townhouse 2Bd, 2Bth | Pet Friendly | Furnished

Elizabeth On Bay - Unit 2

MLS: 32204 | 969 sq.ft. Lot Bus. Opp, Restaurant, Comm. Bldg.

Ref: 19166

$2,600 p/m

903 Columbus Cove

3Bd, 3Bth | Beachfront Townhome Total Size 1,498 sq. ft. | MLS: 34424

Ref: 21184

$529,000

Daiquiri Cottage

4Bd, 3Bth | Eastern Road Lot size: 10,000 sq. ft. | MLS: 34593

Available February 1, 2019

$3,500 p/m

Ref: 22181

Elizabeth On Bay - Unit #3

Sophia Porras Sales Agent

Ref: 19661

$2,500 p/m

Serenity Gardens

Block 38 Lot 6 | Single Family Lot 6,400 sq. ft. | MLS: 34756

Ref: 21483

Greg V. Miller Sales Agent

$100,000

Kevin Bastian Sales Agent

Ref: 21325

$3,800 p/m

Rainbow Bay

Lot 33 & 34 Block 13 | Eleuthera Size: 21,050 sq. ft. | MLS: 35205

Ref: 21895 Price Reduced

Delerese Pratt Sales Agent

$43,500

THE TRIBUNE, HOME BUYERS’ GUIDE

MONDAY, JANUARY 7, 2019, PAGE 3

PAGE 4, MONDAY, JANUARY 7, 2019

THE TRIBUNE, HOME BUYERS’ GUIDE

ONE PARTICULAR HARBOUR #585069 | 1 Bd / 1 Bth | $375,000+ Exquisite design for those that want a unique experience ranging from leisure to exciting experiences. Offering over 100 studio, one, two and three bedroom residences, each offering refined living and luxurious atmospheres. What is unique about this property also is that every unit will offer an amazing ocean view and private balcony overlooking Nassau’s beautiful harbour and beyond. Reservations are being taken for specific units and completion is expected early 2020.

Bahamas Realty | 242.396.0000

LOVE BEACH COLONY #586093 | 1 Bd 1Bth | $245,000

Delightful hideaway is located in a gated community a stone’s throw away from one of New Providence’s most beautiful beaches. This unit has been given a fun, modern decor and features stainless steel appliances in the kitchen and bold, vibrant furnishings in the living/dining areas. In move-in condition, all that is needed is you, your shades and beach towels!

Stuart Halbert | 242.396.2034

NEBRUCK HOUSE

#579088 | 3 Bd 3.5 Bth | $3,5000 p/m

ADELAIDE LOT

#585076 | 42,390 sq. ft. | $225,000

Tucked within the heart of Sandyport, this luxurious canal-side townhouse commands vibrant sunsets and views of the lagoon and ocean beyond. Among other highlights are central air and hard wood flooring. Owners at Nebruck House enjoy all the amenities of Sandyport Resort.

Development opportunity. 42,390 sq. ft. lot - Proposed site plan available for 14 two-bed townhouses with parking and open spaces. The property is located in the quaint village of Adelaide within walking distance of a quiet beach, a historic Church, and a lovely playground. Shops and restaurants are nearby and Albany, South Ocean and Coral Harbour are only a short drive away.

P. Jason Wong | 242.396.0017

Leslie Colclough | 242.396.0011

THE TRIBUNE, HOME BUYERS’ GUIDE

MONDAY, JANUARY 7, 2019, PAGE 5

PAGE 6, MONDAY, JANUARY 7, 2019

THE TRIBUNE, HOME BUYERS’ GUIDE

READY, SET, GO

By Mike Lightbourn

Reader: Mike, I want to buy a home this year, but I don’t know where to start. Help.

Mike: You’re not alone. The most common mistake is not being prepared financially. You need to position yourself to succeed in getting a loan for the type of home you want.

Reader: How? It’s all a little overwhelming.

Mike: Yes, it can be. The following tips will help you navigate the process. Your goal is to buy a place you can afford and you’ll be happy in.

• Identify a Lender Well in Advance The first thing is to find out how much mortgage you can afford.

Forget about surfing the internet and cruising around neighbourhoods looking for a home. It’s really too early to meet with a real estate broker.

Determine if you can pre-qualify for a loan and, if so, for how much. If you can’t pre-qualify or if the amount is lower than you had hoped for, develop an action plan.

This is crucial to positioning yourself to purchase a home.

• Income and Down Payment Your income and the amount you have put aside for a down payment, measured against your liabilities, will determine how much you will be able to borrow.

The banks typically want to know your salary or income for the last three years and you’ll have to provide pay stubs, before they start the decision-making process.

They need to know whether your job or source of income is secure.

• The Down Payment This is very important and it will also influence what you are able to borrow.

Years ago, if you wanted a home, you saved until you had a 20 percent down payment.

Many people are now able to buy homes with smaller down payments if other aspects of your income and assets fall into place.

This means the cost and life of the loan will be longer because of the larger amount being borrowed.

Make sure you investigate the various lending options before you decide and that you understand the nature of your obligation.

You may have set your heart on a single-family residence, but don’t rule out a townhouse or condo as a starter home. However, make sure you understand the HOA fees and levies that will be involved.

• No New Expenses If you want to secure a loan soon, don’t take on any new debt unless you must.

For instance, don’t buy a car simply because you want a new car.

Don’t buy new furniture or splurge on an expensive vacation.

This could affect the loan application.

• Keep a Cushion You should have a reserve of income in case something unforeseen happens, such as a medical emergency or job loss. Try to have a cushion of at least six months.

There may be unexpected expenses associated with a new home, especially in terms of unexpected repairs and maintenance.

The cash needed to buy a home goes beyond the down payment and closing costs. You may need to upgrade the plumbing, for example, or buy a lawn mower, etc.

It’s very important to factor all this in.

• Ready, Set… OK, so you’ve factored in the above and you have pre-qualified for a loan.

Now go ahead and identify a real estate agent to help you find a home and navigate the buying process.

Once you are satisfied you can stay within budget, move forward with confidence and purpose. Buying a home will probably be the best investment you’ll ever make.

Advertising Contracts are available.

HUGE SAVINGS!

Mike Lightbourn is president of Coldwell Banker Lightbourn Realty QUESTIONS OR COMMENTS? Email me at: info@cbbahamas.com

TO ADVERTISE CALL:

Charles Gaitor 502-2356 or Email: cgaitor@tribunemedia.net ALSO receive FREE SPOTS on The Tribune’s Website.

Call 502-2356 or Email: cgaitor@tribunemedia.net

Visit Us: http://www.tribune242.com

*Restrictions apply

THE TRIBUNE, HOME BUYERS’ GUIDE

MONDAY, JANUARY 7, 2019, PAGE 7

PAGE 8, MONDAY, JANUARY 7, 2019

THE TRIBUNE, HOME BUYERS’ GUIDE

Vista Bella 2 BR I 2 BA I Cable Beach $3,500 P/M

RIDGEWAY DRIVE Eastern Road

Enclosed Yard, Pool, Patio 3 BR I 3 BA Home I 1 BR Cottage $525,000 I MLS: 35647 DONNA DAVIS / 242 424 7254

GLADSTONE ROAD Growing Commercial Area

Unique Investment Opportunity 1.274 Acres $599,000 I MLS: 34672

CHRISTOPHER ARMALY / 242 394 7070

WESTRIDGE Corner Location

Ocean Views from Hilltop 121’ x 327’ Estate Lot $310,000 I MLS: 32216 PATRICIA BIRCH / 242 557 0322

HARBOUR BREEZE Paradise Island

Historic Harbour Views 3 BR I 3 BA I Pool I Gym $810,000 I MLS: 32379 CARLA SWEETING / 242 804 1591

Mira Mar 3 BR | 3.5 BA | Ocean Views $4,500 P/M Nautica 3 BR | 2.5 BA | Gated $3,500 P/M Prospect Ridge 2 BR I 3.5 BA I Ocean Views $2,800 P/M Venetian West 2 BR I 2 BA I Gated $2,650 P/M

PORT NEW PROVIDENCE Luxury Gated Community

226 Feet On The Canal 0.4 Acres I Private Dock $1,199,000 I MLS: 31354 CARLA SWEETING / 242 804 1591

ROSE ISLAND Private Beach

Dream Home or Airbnb 2.17 Acres $422,500 I MLS: 32374 DONNA DAVIS / 242 424 7254

OLD FORT BAY Luxury Gated Community

210 Sq. Ft On The Canal 6 BR I 6.5 BA I Private Dock $3,400,000 I MLS: 32339 CARLA SWEETING / 242 804 1591

CARMICHAEL RD. I 3.75 ACRES Development Property Warehousing/Office/Plaza 433’ East of Gladstone Road $1,690,650 I MLS: 30734 PATRICIA BIRCH / 242 557 0322

Eleuthera 19,600 Sq. Ft. $40,000 Freeport Canal Front 0.36 Acres $45,000 Westridge Estates 50,207 Sq. Ft. $380,000

EASTERN ROAD HOME 140 Fe et On The Ocean

Backyard Boat Dock 4 BR I 4.5 BA I Private Beach $1,088,000 I MLS: 33042 DONNA DAVIS / 242 424 7254

WESTWARD VILLAS Cable Beach Fully Enclosed Yard

OAKRIDGE ROAD Lake Cunningham Views

Panoramic Private Possibility

3 BR 2.5 BA Home I 1 BR 1 BA Cottage 0.674 Acres I Single Family Lot

$475,000 I MLS: 31672 CARLA SWEETING / 242 804 1591

$205,000 I MLS: 25100 PATRICIA BIRCH / 242 557 0322

TRADEWINDS Eastern Road

Sweeping Ocean Views 4 BR I 3 BA I Hillside Haven $591,000 I MLS: 35257 DONNA DAVIS / 242 424 7254

Exuma 2.46 Acres $316,000 Oakridge Road 1.78 Acres $426,000

THE TRIBUNE, HOME BUYERS’ GUIDE

MONDAY, JANUARY 7, 2019, PAGE 9

PAGE 10, MONDAY, JANUARY 7, 2019

THE TRIBUNE, HOME BUYERS’ GUIDE

THE TRIBUNE, HOME BUYERS’ GUIDE

MONDAY, JANUARY 7, 2019, PAGE 11

PAGE 12, MONDAY, JANUARY 7, 2019

THE TRIBUNE, HOME BUYERS’ GUIDE

THE TRIBUNE, HOME BUYERS’ GUIDE

MONDAY, JANUARY 7, 2019, PAGE 13

DEVELOPERS DIRECT COMMERCIAL LAND OFFICE LEASE HOME RENTALS RESIDENTIAL LOTS RESTAURANT SPACE

19 Poinciana Cay Lovely views from this 4-bed 4-bath home with own pool, dock, beach and generator.

Open-plan kitchen and dining area great for entertaining.

We can guarantee a rental for two years at $7,100 per month

Jolika Buckner, Broker

6 Coral Beach Spacious 4-bed 4-bath single-family home features quality finishes throughout, and own pool and generator.

We can guarantee a rental for two years at $7,250 per month

$1.3 million

$1.2 million

206 Church Street Open plan office downstairs with two rooms upstairs, 1,182 sq ft. With 24-hour security, CCTV and backup generator. Popular restaurants, post office, gas station, bank and gym close-by. $3,550 per month rent | $788 per month CAM

7 & 8 North Buckner Square Available May 2019 908 sq ft office in sought-after area with 24-hour security, CCTV and back-up generator. Popular restaurants, post office, gas station, bank and gym close-by. $2,750 per month rent | $605.33 per month CAM

www.sandyport.com

6 South Buckner Square Available March 2019 710 sq ft office in sought-after area with 24hour security, CCTV and back-up generator. Popular restaurants, post office, gas station, bank and gym close-by. $2,150 per month rent $473.33 per month CAM

15B & 16 North Buckner Square Available early 2019 907 sq ft office in sought-after area with 24hour security, CCTV and back-up generator. Popular restaurants, post office, gas station, bank and gym close-by. $2,750 per month rent | $605.33 per month CAM

Contact: Jolika Buckner, Broker | Work: 327-2425 | Cell: 376-1662 | E-mail: jbuckner@sandyport.com

PAGE 14, MONDAY, JANUARY 7, 2019

THE TRIBUNE, HOME BUYERS’ GUIDE

THE TRIBUNE, HOME BUYERS’ GUIDE

MONDAY, JANUARY 7, 2019, PAGE 15

Advertising Contracts are available.

HUGE SAVINGS! ALSO receive FREE SPOTS on The Tribune’s Website. *Restrictions apply

Call 502-2356 or Email: cgaitor@tribunemedia.net

PAGE 16, MONDAY, JANUARY 7, 2019

THE TRIBUNE, HOME BUYERS’ GUIDE

Unbeatable Value For Turnkey Residence In Oceanfront Community Two Storey, Newly Remodeled, Palm Cay, 3 Bed, 2.5 Bath Residence, recently modernized with Gourmet Style Kitchen, NEW Contemporary White Cabinetry adding a Fresh Posh Look, Stainless Steel Appliances, Travertine and NEW Wooden floors! The Master Bedroom features Large Balcony with Beautiful Marina and Oceanviews, Spacious En-suite bathroom and walk-in closet, two additional Bedrooms for family or guests, plus NEW Coastal Furnishings and Decor throughout! Lots of Natural Light and Additional Privacy to be enjoyed in this “End Unit” Residence with Bonus Spacious Fenced Yard. Amenities: 24/7 Security, 1500 Ft of Ocean and Private Beachfront, full service marina, Member’s Elegant Clubhouse, Beachfront Bar and Grill, Pools, Tennis Courts etc. Superb location for short boating trips to Rose Island and Exuma Islands. An Excellent Rental Investment Property. Ideal Residence for Permanent Residency! NOW Is The Time To Buy! Ref#1803 - Marilyn Ayearst

$550,000

Pyfrom’s Addition Commercial Building Commercial building is strategically located on a busy corner lot off Mackey Street with banks and other businesses in close proximity. The building is structurally sound and is a perfect layout for a doctor, lawyer, dentist or an accountant. It offers 910 sq. ft. of space, fully walled with gated entry, ample parking available, neatly landscaped and easily accessible to bus routes and traffic. Ref#1863 - Vanessa Ifill

$265,000

South Ocean Lot #3

Chou Close, off McKinney Dr.

Westward Villas Townhome

Hanna Road Duplex

Single-family lot offering 13,491 sq. ft. in a quiet gated community. All utilities are available and 24-hour security is provided. REF#1870 - Neil McKinney

Multifamily 9,479 sq.ft. lot is ideal to build your Triplex or Fourplex with ample room for parking. Lot is in close proximity to public transportation, schools and shopping. Ref#1876 - Nikki Boeuf

Charming 2 Bed, 1.5 Bath, 1,344 sq.ft townhome on the Cable Beach strip.

REF#1857 - Rudy Carroll

$120,000

$150,000

$175,000

Duplex consisting of a 2 Bed, 2 Bath unit and a 1 Bed, 1 Bath unit. Both units are designed with an open floor concept with a spacious living and dining area, kitchen, ceramic tiling throughout, burglar bars and central A/C. Ref#1871 - JC Percentie

Vista Marina Complete this4 bed, 4.5 bath, 5,761 sq. ft. home on a spacious 11,250 sq. ft lot. Features includes: a grand entry foyer, circular stairway, living & dining area with a breakfast nook and kitchen with a spacious pantry. With some TLC, this property provides an excellent opportunity to get into this desirable community. Ref#1598 - JC Percentie

$325,000

$280,000

Royall Beach Estates

Brace Ridge Road

Beautiful 3 beds, 3 bath home on a 11,500 sq. ft. enclosed lot. Features include: burglar bars, alarm system, his/her closet, hardwood kitchen with granite counter tops, central A/C and much more. Ref#1798 - Rudy Carroll

Two Bed, 2 Bath Villa, End Unit, Wraparound balcony, Ocean View, ALL NEW kitchen, NEW master suite, and NEW furniture in a prestigious community. Turn Key Opportunity. REF#1717 - Marilyn Ayearst

$430,000

$575,000

Two story 3 bed, 2.5 bath home on a spacious 15,393 sq. ft lot in a quiet gated community. Amenities: covered patio, pool and stand by generator. Ref#1779 - Neil McKinney

#9 Pear Street, San Souci

$595,000

Dunmore Drive – Canal front 2 Bed, 1 Bath, open floor plan, appliances, A/C, laundry facilities and mini docking space. $1,500 Lival Estates – Private townhome, 3 bed, 2.5 baths, 3,000 sq. ft., fully furnished, appliances, split A/C & ceiling fans in quiet community. $2,500 Delaporte –Enjoy Oceanviews from this 5th floor 2 Bed, 2 Bath, condo with new furniture & appliances, smartTV, pool in gated community. $2,800 West Grove – PET FRIENDLY 3 bed, 2.5 bath, 2,500 sq. ft. townhome, gated community, open floor plan, fully equipped kitchen and pool. $3,700 Turnberry – Charming 4 bed, 3.5 bath, 2,200 sq. ft. townhome PLUS loft, fully furnished, pool, tennis court & stand by generator. $5,000

South Westridge – Large 7,140 sq. ft. duplex lot within the gated community of Emerald Coast. Priced for quick sale. $115,000 Jimmy Hill – Multi family 26,098 sq ft. lot with ocean view with up to 70ft elevations and panoramic views of the emerald waters. $190,000 Balmoral – Single family 7,597 sq.ft. lot with ocean views in gated community with pool, clubhouse, fitness center, tennis court. $290,000 Rose Island – Waterfront 24,523 sq.ft lot with great elevation. Build your Island Home or Retreat in a Private Community. $495,000 Port New Providence – CANALFRONT 18,000 sq.ft Lot with 30ft. Dock, water and electricity in gated community. $599,000