NASSAU, Bahamas, Feb 11, 2013 /PRNewswire/ — Having settled into a somewhat staid persona that belied its many charms—charms that attracted many a top celebrity to its powdery beaches—the Bahamas is embracing a new, glittering image, much in line with its very appealing status of tax shelter for foreign investors.
Tucked in along the West Nassau coastline are the Caves Heights Oceanfront Condominiums, a private, gated community of exceptional two, three, and four bedroom penthouse condos. Each property has been carefully planned to maximize views, along with spacious balconies and open floor plans, offering a seamless indoor-outdoor living experience—precisely what life in the Bahamas is all about. Designed by N&M Architects and built by Osprey Construction (creator of homes in Lyford Cay, Old Fort Bay and Ocean Club Estates, among others), Caves Heights represents one of the island's best investments.
With a zero rate income tax, capital gains tax, wealth tax and VAT, the wealthy elite (and those aspiring to be) are once again training their finely-honed instincts on high-end investments in The Bahamas. West Nassau, already home to Lyford Cay—a favorite haunt of well-known celebrities and financial powerhouses — is enjoying a renaissance with a bevy of upscale developments and infrastructure – among them the $3.5 billion resort and casino development, Baha Mar. In the South West of the island, Albany is the most recent luxury community, complete with golf course designed and endorsed by Tiger Woods and Ernie Els, a marina outfitted to host 300-foot yachts, stellar dining and a chic atmosphere that attracts an upscale crowd.
With direct flights from major cities in Canada, US, South America and United Kingdom among others, Nassau has become one of the most easily accessible vacation/second home destinations for investors in the Caribbean region.
Caves Heights Development Ltd. is a 100% equity financed property developer with over sixty years of experience developing property in The Bahamas, Florida and Europe. The developer is also a major operator in the cruise ship industry.
Contact: Gustaf Hernqvist
Caves Heights Ltd. West Bay Street, Nassau, The Bahamas. P.O. Box CB 13647
Email, 1 (242) 327 8867