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Southern Cross Bch Estate
Harbour Island, Eleuthera Bahamas
$250,000 per slot
Harbour Island, Eleuthera Bahamas
A mature real estate market with favourable returns.
Average occupancy 90%
Mature real estate where demand never sleeps, with favorable returns.
Projected annual yield 11.5%
3.5% from capital appreciation and 8% from average rental income.
Investment duration
Recommended standard 5 - 10 years
Property Overview
Placed in the serene setting of The Narrows, on a prime stretch of Pink Sands beach, this world-class residence reinterprets Tropical Modernism through a careful balance of architecture and the Harbour Is. landscape. Southern Cross combines a sense of openness with careful attention to spatial intimacy & environmental integration. The core of the design is a multi-courtyard, interconnected outdoor space arrangement promoting ventilation and natural light diffusion. Perfectly set on just under three elevated acres, over 200ft of beachfront above a protective secondary dune, and fully mature impressive landscaping, Southern Cross is a home that is deeply connected to its surroundings. The designs importance is in creating spaces to invite reflection & foster connection to the natural world and the Bahamian climate. Materials such as South American hardwoods, limestone and polished concrete, copper & brass, doors made in Germany, exemplify the synthesis of global craftsmanship and climate adaptability. Southern Cross, with amazing ocean views is the finest beach estate on Harbour Is.
Financial Details
Total Property Value
$10,000,000
Price Per Slot
$250,000
Aquisition & Legal Fees (3%)
$300,000
Total Cost Per Slot (incl. fees)
$257,500
Projected Returns
Projected Gross Rent
$800,000 (8% of value)
Management fees (7%)
$56,000
Operating/Service Expenses (15%)
$120,000
Projected Net Rent
$624,000
Net ROI Per Slot (on $250,000)
11.5% annually
Additional Details
- Bedroom
- 8
- Bathroom
- 9
- Area
- Int - 12,302 Sq Ft.
Ext - 2.7202 Acres
Location
Harbour Island, Eleuthera Bahamas