Waterfront property

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12-27-2020 | 08:33 AM

#141

F14A water jet

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From: Perdido Key, Madison, NC

Quote:

Originally Posted by offshoredrillin

i would tend to think the carolinas or georgia coast. I have a project in Cali working and my business partner helped develop some of Destin fla. I find myself drawn there as well... the big adjustment for me will be boating style. I love a 45 nor-tech CC as well as a few of the convertibles... before i make the move ill need to make sure im done with going fast in boats

We are in Pensacola/Perdido Key...a 45 CC would be right at home in Destin!

12-27-2020 | 09:16 AM

#142

hoodoo

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From: Sarasota FL. Priest River ID

Quote:

Originally Posted by F14A water jet

This is what we are researching. :-) We believe its not on CONUS...maybe Bermuda?

SoCal covers the not too hot/cold but has other issues.

12-27-2020 | 10:21 AM

#143

F14A water jet

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From: Perdido Key, Madison, NC

Quote:

Originally Posted by hoodoo

SoCal covers the not too hot/cold but has other issues.

you are right. San Diego and the surrounding area might be close to (weather/water) perfection in conus. Coronado Island or Del Mar... but I am not going back.

12-27-2020 | 10:33 AM

#144

offshoredrillin

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From: Maryland

Quote:

Originally Posted by F14A water jet

This is what we are researching. :-) We believe its not on CONUS...maybe Bermuda?

bahamas as an expat, or us virgin islands

12-27-2020 | 11:32 AM

#145

F14A water jet

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From: Perdido Key, Madison, NC

Quote:

Originally Posted by offshoredrillin

bahamas as an expat, or us virgin islands

I forgot Tortolla, BVA

12-27-2020 | 01:16 PM

#146

Jupiter Sunsation

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Quote:

Originally Posted by F14A water jet

This is what we are researching. :-) We believe its not on CONUS...maybe Bermuda?

too far (600 miles from US), not big enough, expensive.

12-27-2020 | 01:20 PM

#147

Jupiter Sunsation

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Quote:

Originally Posted by offshoredrillin

bahamas as an expat, or us virgin islands

https://www.realtor.com/internationa...-120051895521/

This has been for sale for years, West End Grand Bahama has an airport and is only 60 miles from Palm Beach. Freeport/Lucaya is a short drive away. This resort is walking distance (few hundred feet away actually)
https://www.oldbahamabayresorts.com/

Lots of lawsuits/fighting between owning entities over the resort and the marina.

This video shows the area, the house is at 30 seconds in and note video is 5 yrs old before hurricane ripped through there:

Last edited by Jupiter Sunsation; 12-27-2020 at 01:23 PM.

12-27-2020 | 01:51 PM

#148

offshoredrillin

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From: Maryland

Quote:

Originally Posted by Jupiter Sunsation

lots of places over there for sale, i think one can only own 49% though or something like that. and most of the islands are within reach of the us so heading over and back isnt too difficult.

12-27-2020 | 04:30 PM

#149

Jupiter Sunsation

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Quote:

Originally Posted by offshoredrillin

lots of places over there for sale, i think one can only own 49% though or something like that. and most of the islands are within reach of the us so heading over and back isnt too difficult.

Actually you can own 100% but the transfer fees are like 20% of the purchase price plus real estate commission if you are the seller. Then the VAT tax is 12.5% on anything you buy there and the import tax is as high as 65% on anything you import (used car as an example). Buy a 20K car, import it and you owe them another 10K in taxes. Bigger engines, higher values and I think the tax goes up to 65%, starts at 45% but hybrids are less.

I had a neighbor that built a vacation rental over there in Hope Town. He put up the money, the partner built it and ran the rental side. After 7 years he had had enough, sold it and 2 years later the hurricane destroyed Hope Town. The costs to sell the place were insane and really crushed his 1/2 of the net profit.

They thought they would use it for a couple months a year..........they never did more than a long weekend or a week at best.

12-27-2020 | 05:00 PM

#150

Interceptor

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From: Traverse City, Michigan

Quote:

Originally Posted by pm203

Great thread. But, where is the best waterfront location to live year round? Some place that you wouldn't need 2 homes. Not too hot or cold year around.

Big Island, Hawaii but boating style would need a change.

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