Stella Maris Village Limited is delighted to announce breaking ground on their development of 16 new homes for sale at Stella Maris Village. The Ocean Heights development is situated on some of the highest ground in The Bahamas, with spectacular views of the Atlantic Ocean, which is just a stroll away. As with their previous construction on Long Island, the buildings will feature the highly acclaimed construction system by Emmedue, to be built by Long Island’s Cartwright’s Construction working together with Nassau based Carib Construction and Project Management Limited.
The luxury new homes will meet the resurgent demand for both high-end residential and holiday homes that is being witnessed in The Bahamas and the construction activity is sure to provide a major boost for the economy of Long Island, effective immediately. Consistent with the significant up-turn in market sentiment, during 2015 Stella Maris Village received over 200 enquiries for land and property from countries as diverse as the USA, the UK and the UAE.
“Our strategy is to refrain from full marketing efforts until we are able to show prospective purchasers our progress on site, whether that be physically or online. Even so, we are pleased to say, two homes have already been reserved” commented Mr. Richard Keyworth, Director of International Sales and Marketing, pictured above. “Now that we have broken ground, full marketing will begin next month. Integral to the sales of off-plan and turnkey homes will be the existing luxurious show/model home, which has already begun to play its part in showing potential owners what can be built at Stella Maris Village.”
The new homes will be competitively priced from $545,000 and finished to a high specification to include solar power, rainwater filtration systems and first class insulation, making them virtually self-sufficient. They will also benefit from fiber-optic communications and television. The 16 new homes will be built on adjacent lots and form a community centered on a landscaped garden with pool. The development will also include a further three single storey homes, to be built to the buyers’ specifications on adjacent lots.
A key point in two recent purchaser’s buying decisions was the inclusion of the “Eco-pack” offered by the developers – an enhanced specification enabling owners to bring their new home close to energy self- sufficiency. They remarked that, “The ‘Eco’ stands for both ecological efficiency as well as economic efficiency and as such makes perfect purchasing sense.” Such is the popularity of the environmental aspect of these homes, that the owners of Stella Maris Village Limited now include this pack as standard.
This new milestone marks yet more progress towards the practical realisation of a long-term project to bring investment to Long Island by the British owned developers, Stella Maris Village Limited, a Bahamian registered Company. The spokesperson for the previous landowners (of some fifty years longevity), and current operators of the Stella Maris Resort Club, Mr. Joerg Friese, noted, “To the best of our knowledge this will be the first time homes have been built at Stella Maris to be offered for sale, rather than retained by the person commissioning the build.”
Mr. Jonathan Houghton, Director of Stella Maris Village Limited, added, ”The ongoing results and progress achieved by Cartwright’s Construction and Carib Construction and Project Management Limited are continuing to exceed expectations and we would like to further congratulate both firms”. Mr. Kevin Cartwright, of Cartwright’s Construction said, ”We are pushing ahead with this new development at full speed. It is really great to see this work gain momentum. This is really good news for employment and businesses throughout the Bahamas, but especially for Long Island.” Mr. Ruben Caputo, the Project Manager, agreed and added, “This commission confirms that using Emmedue’s innovative technology here on Long Island is the way forward.”