Business with private island property with resort and villa development approvals seeks investment.

- 5-acre private island with full approvals for clubhouse/hotel, 10 freehold/fee simple villas, and marina.
- The resort will have amenities like a gym and spa.
- EIA and EMP have been completed.
- Hotel Encouragement Act concessions granted.
- The land has been purchased and the construction is yet to start.
- The promoters have over 15 years of experience in this industry.
- The investor will get a stake in the company.
- Full feasibility report shows excellent NOI, robust market, and GDV $60 m. ,
- There is little competition, and a full governance structure is in place, with rental management program that enhances the ongoing income stream.
- The director is in London and the land is purchased in the Bahamas and will travel back and forth for work.

Planning to develop a resort on 5 acres of a private island.

- The land was purchased through the founder's personal funds. - The company has 2 directors with equal shareholding. - Founders/principals own all shares and funded the land purchase and costs to date $4.5 m. - Vendor mortgage to be redeemed $1.8 m. - Other outstanding loans of $1.5 m.

Tangible- 5 acres of land. Intangible - Town planning and HTDC (Hope Town District Council) approvals, EIA (Environmental Impact Assessment), EMP (Environmental Management Plan), all subject to BEST (Bahamas Environment, Science and Technology Commission approval, ) HEA (Hotel Encouragement Approval), which necessitated bathymetric surveys, topographical surveys, tidal range study, soil tests, public consultations, and a ministerial hearing; architectural plans and specifications including dock design, berm, groin, breakwater construction designs, commercial zoning, etc.