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bahamas island paradiseBahama Islands News, Articles and InformationCARIBBEAN-HAWAII SPECIAL SECTION: Your place in paradiseNASSAU, Bahamas -- The online vacation rental advertisement looks like a fabulous find. For $350 a night, it's a two-bedroom villa at the upscale Atlantis Resort on Paradise Island along the powdery sand of Cabbage Beach. But when you look more closely, it's a lie."Easy walking distance of Atlantis," the small print more truthfully says. "Easy walking distance to Cabbage Beach." Yeah, right. Bring your hiking shoes. Meanwhile, at Guanahani Village on Cable Beach west of Nassau, three-bedroom ocean-view condos rent for $306 per night in high season for two people (each additional person $20 more.) What you don't see on the Web site, however, is that the 35-unit oceanfront timeshare property has just been sold to a private Bahamian group and is undergoing an upgrade.
Barry Bonds sells luxury home on Paradise Island for $11.5 millionNASSAU San Francisco Giants' superstar Barry Bonds has sold his 5,700-square foot, beachfront Paradise Island home for $11.5 million, official records show.The sale took place earlier this month and was handled by Mario Carey, managing director of Bahamas Realty. "It's unfortunate to lose Barry as a resident of Ocean Club Estates, but he was on the road so much he was rarely here," Carey said. "Now after surgery to his left elbow, he has to focus on physical rehabilitation, leaving him even less time in the immediate future." On the business side, Carey said the speed of the offer on his residence, which was very close to the asking price, reinforces "what we have been seeing in Paradise Island trends." "While prices are beginning to soften in some markets in the U.S., including South Florida, Paradise Island and high-end properties are hotter than ever," Carey said.
Bahamas. Atlantis Marina receives Blue Flag certification awardAtlantis Marina at the Atlantis, Paradise Island resort in The Bahamas has been awarded the prestigious Blue Flag marina certification by the international, independent organization, the Foundation for Environmental Education (FEE). The Blue Flag signifies that stringent water quality, safety and environmental management and education programs have been established by the resort. The Blue Flag is an exclusive eco-label awarded to over 3,100 beaches and marinas in 36 countries across Europe, Africa and the Caribbean each year. The Atlantis Marina was the only marina in The Bahamas to meet the 22 criteria necessary to receive the Blue Flag honor in 2006. Marinas and beaches participating in this voluntary program work with FEE to ensure the sustainable development of beaches and marinas around the globe.February Point awarded ‘Best Waterside Development of the Year ...February Point on Great Exuma in The Bahamas has been voted the ‘Best Waterside Development of the Year 2006' by Caribbean World magazine.Promoted by Black Pearl Ventures, the exclusive residential resort of February Point nestles in a paradise location with each of its waterside villa offering stunning vistas of white sandy beaches and azure blue seas. On receiving the prestigious Award, British-born Guy Newman of Bahamian property promoters, Black Pearl Ventures, said, “It is a fabulous honour for February Point to be voted ‘Best Waterside Development of the Year' by Caribbean World and its readers. “Both unspoilt and private, The Exumas offers the best of island life and at February Point it is accessible from each and every villa via your own private jetty. Gencom-Led Partnership to Develop The Ritz-Carlton Rose Island ...MIAMI- Gencom Group, an investment and development firm, announced that through a joint venture partnership it will develop The Ritz-Carlton Rose Island, Bahamas, which is just four miles off Nassau and Paradise Island in the Caribbean.The exclusive luxury resort, which is scheduled to open in late 2009, will sit on a 230-acre private island. The resort will feature a 180-room Ritz-Carlton hotel and more than 400 residential units that will include condo hotel units, villas, townhouses, private estate homes and a 40 Ritz-Carlton Club fractional product. It is envisioned that there will be rental programs available to all the homeowners. Other features will include a 300 slip marina that will provide full retail and marina services, a helipad and a ferry from Nassau and Paradise Island for homeowners, guests and visitors, various swimming pools, a luxury spa and several dining alternatives, including specialty and casual restaurants.
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