Palm Cay, Nassau, The Bahama
Palm Cay located in eastern New Providence, Nassau, The Bahamas, is a 69-acre oceanfront residential community comprising a marina and beach club with direct access to private white powder-sand beaches and the stunning Caribbean Sea. Our deep-water,180-slip marina is fully operational and we are proud of the fact that it has been voted the best marina in The Bahamas by " Active Captain".
Palm Cay Development Company Limited is a Bahamian corporation and has aligned itself with an in-house team of experts with extensive combined experience in real estate sales, project development and marina operations. It is our goal to create a high value investment for all of our clients. Our properties are eligible for the government residency program and offer astute investors access to the tax-friendly environment of The Bahamas through the acquisition of high quality real estate.
Our latest release at Palm Cay comprises 1 and 2-bedroom off-plan contemporary apartments and luxury penthouses with exceptional ocean views set around our world-class marina. This follows successful build out and delivery of our beach-front townhouses at “Starfish Isle” in March 2016 and two completed phases of our 2-bedroom condominium development at “The Anchorage” in May 2016. We broke ground this July on Phase 3 having achieved 75% of sales pre-construction with investors achieving annual capital growth of around 10% per phase. Palm Cay is attracting both local and international interest and is fast becoming an ideal choice for investors seeking a safe haven for their money. Experiencing not only capital growth, investors are also achieving above average returns through the buoyant, well managed rental program.
The development team comprises local and international professionals with funding provided through private equity. The Board of Palm Cay and its financial investment group are fully committed to the success of Palm Cay and have the financial backing to see the community through to successful completion. All investments made in Palm Cay are fully approved by the Central Bank of The Bahamas.
The overseas marketing activity for Palm Cay is conducted by Martin Sadler. Martin has extensive international commercial experience gained in both the financial and property sectors around the world. During a career of 18 years in the City of London, Martin held various positions in banking and major broking houses in the international money market. As well as being based in London, he has also lived and worked in continental Europe, including Belgium, Luxembourg and France as well as extensively across Southeast Asia including Hong Kong, Singapore, Tokyo and Sydney.
Martin has been an active property investor for over 20 years and has worked and consulted for various international developers and property investment companies. His previous Caribbean experience includes the best part of 2 years in the Cayman Islands. His role as International Sales and Marketing Director combines his sales, marketing and operational skills to promote Palm Cay real estate opportunities overseas and develop our international sales channels.