Governor's Harbour May See Brighter Days in Terms of Bahamas Real Estate

March 15, 2011 - PRLog -- NASSAU, BAHAMAS - A recent announcement was made regarding approval of a Manhattan & Island Development Corp. project to build an 80 slip marina at Cupid’s Cay, Governors Harbour on the island of Eleuthera.  

This will be an enormous boost to the economy and to Bahamas real estate prices throughout the area, says Heather Carey, a sales agent with Island Living Real Estate, a Bahamas realty company.

Once the construction project begins, it will be completed over the course of several phases, with the first phase being 20 slips, according to information in an article about the development that was published recently in The Eleutheran.

Members of Manhattan & Island Development Corp.- the project's developer- have suggested that the marina will attract as many as 240 people at a time, who will spend in the area of $6,000 per day in the community on foods and drinks, activities, tours, hotels and other lodging, laundry services and vehicle rentals, to name some examples.

"All of these things directly impact the community and as time goes by, make it a more desirable place in which to live," says Rachel Pinder, principle broker of Island Living, an agency that lists Bahamas homes for sale (http://www.islandlivingrealestate.com/) and also offers Nassau, Bahamas rental properties (http://www.islandlivingrealestate.com/blog/). "I think that once the marina is built, property owners will see an increase in property values and will see more people looking to invest in Bahamas real estate for sale will begin considering this area.”

Carey says that because of that, the time is now for those in search of Nassau Bahamas rentals (http://www.islandlivingrealestate.com/agency-information....) for leisure and investment purposes to consider Governor's Harbour and surrounding communities.

Learn More
For information about available properties in Governor's Harbour and Eleuthera as well as Nassau and other Bahama islands, or to learn more about Island Living Real Estate, visit their website: www.islandlivingrealestate.com; or call for a consultation: 1-242-322-7979/80.

About Island Living Real Estate
Island Living Real Estate has more than 25 years of experience in real estate sales and rentals throughout the Bahamas. Island Living's main office is located in one of Nassau's oldest historic buildings on Bay Street, named "Red Roofs." Red Roofs was built in 1896 and has been home to various families, a Gourmet Deli and now Island Living.

© 2011 Master Google and Island Living Real Estate. Authorization to post is granted, with the stipulation that Master Google is credited as sole source. Linking to other sites from this press release is strictly prohibited, with the exception of herein imbedded links.

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Island Living Real Estate is a full service company with experienced Nassau real estate agents who serve all the Islands of the Bahamas and are specialized in luxurious waterfront properties as well as investment properties in the Bahamas Islands.