The Ridge - phase one

Long Island...Home to one of the oldest dive operations in The Bahamas, Long Island has numerous dive sites, the best known is Dean’s Blue Hole, the deepest recorded blue hole in the Bahamas (more than 600 feet). The western side of the island is home to long white sandy beaches, and with the Atlantic Ocean on the east, Long Island is a haven for fishing, sailing and yachting.

As a towering spine of ancient reef, 80-mile Long Island has two faces: the stunning cliffs and caves of the east coast that front the crashing Atlantic waves, and the soft, sandy beaches lined with Mangrove to the west. Cape Santa Maria beach, close to Stella Maris, has been recognized by beach lovers and travel writers alike as one of the most beautiful beaches in the world. The island is also home to Columbus Point with its towering memorial to Christopher Columbus

perched high on the hill at the island’s northern most tip. Visitors can experience some quite incredible views of the ocean from here.

You’ll find sloping hills in the northeast, while low hillsides make up the southern portion of the island.

It’s the dramatically contrasting landscape that makes so many people say that Long Island is one of the most picturesque islands in The Bahamas. Long Island is also a quiet island dotted with quaint, friendly villages and miles of uninterrupted beaches.

Without doubt, Long Island is truly one of the most beautiful, breathtaking tropical destinations in the world, and a perfect place to invest in pure luxury and relaxation.

LONG ISLAND

The BahamasThe Bahamas is a tropical paradise made up of over 700 islands spread over 10,000 square miles of ocean. As an ecological oasis with 2,000 stunning cays, they have the clearest water on the planet with visibility extending to over 200 feet. The islands also have the world’s third largest barrier reef.

The Commonwealth of the Bahamas is one of the most politically stable countries in the world. The constitution is based on the Westminster model: Her Majesty Queen Elizabeth II, The Executive Branch, The Legislative Branch, and Judicial Branch.

The Bahamas is a member of the Commonwealth of Nations and recognizes Her Majesty Queen Elizabeth II as the Head of State. Her Majesty’s representative in The Bahamas is the Governor-General.

A small number of islands such as New Providence, Great Exuma and Grand Bahama are established both as offshore banking centres and ultra luxury tourist destinations.

Property prices on these islands are some of the most expensive in the world. Bahamians enjoy the highest standard of living of any Caribbean country with GDP in excess of $45,000 US per capita.

There is no income tax, no capital gains tax and no inheritance tax.

Further phases of development

First eight available plots

Robert Trent Jones II designed golf resort

Commercial, retail & condos

Langham Place Hotel & Spa

Yacht Club

The Ridge - phase onePort St George is certainly one of the most prestigious developments coming to the

Caribbean, and with its ‘Robert Trent Jones II’ championship golf course and 640 berth

marina, The Ridge residences, forming the first phase within Stella Maris, situated

in an elevated position overlooking Port St George, will become the most desirable

property in the Stella Maris region of Long Island. Long Island has been highlighted

as the next phase of major luxury real estate development in the media, with major

developments planned.

The focus is to produce an up scale enclave within The Bahamas islands, ideal for the

golf and sailing communities, to enjoy what most consider as the most beautiful island

in The Bahamas.LONG ISLANDWith the 640 berth marina and ‘world class’ golf course to become part of the superb Port St George Development, buyers can now

purchase on the very best land situated on The Ridge overlooking Port St. George. These plots have been held back by the developers

for the first phase of the Colleccion project, enabling buyers to secure elevated homes with cool trade winds, views of the golf course

and marina. A simply breathtaking location!

Plot No. Square feet $Price until 30th June

The Ridge 128 15,690 $490,000

The Ridge 130 15,990 $516,250

The Ridge 132 17,640 $560,000

The Ridge 133 17,364 $560,000

The Ridge 134 17,390 $560,000

The Ridge 136 17,850 $656,250

The Ridge 137 17,950 $656,250

The Ridge 138 17,860 $656,250

Prices are based on current estimated valuations. The first two plots sold come with 2 ‘Rights to Buy’ on Port St. George. The remaining six come with 1 ‘Right to Buy’.

128

130

132

133

134

136

137

138

LONG ISLAND

Purchasing process:

LAND PURCHASEAs the first stage in the process of creating your luxury home on Long Island purchasers are required to complete the purchase of the land.

The process:10% deposit to reserve the land (14 day cooling off period)On 28 days the contract is drawn up ready for completion, whereby the remaining 90% of purchase price is required.

The purchaser would also receive 2 “ Right to Buy” agreements, entitling the holder to purchase 2 freehold serviced plots within the proposed new, exciting, luxury 5 star, “ Port St George” development, at $320,000 each. Similar plots in 5 star developments on neighbouring Islands sell for upwards of $1million. This represents a substantial discount. Also, these agreements are fully assignable!

BUILD CONTRACTOnce your plot has been purchased, the process to design and build your luxury Long Island home starts here.For all buyers we will have five luxury property types and three interior design packages available, or alternatively you may prefer to subscribe to our bespoke service, giving you the opportunity to work with our designers throughout every stage in creating your dream home.We will then specify your requirements in detail, and present a price for all works.Following an agreed specification, we will then produce a build contract for you to sign, with an agreed staged payment which is payable after the following stages of construction.40% FOUNDATIONS AND SERVICES COMPLETION50% AT ROOF LEVEL10% ON COMPLETION(Each stage payment is due following the completion of the named stage)

Architectural paradise...‘Colleccion’ allows you to work

with our architects to design your luxurious Long Island

home.

As part of the ‘colleccion’ package we have

five beautifully designed homes, able to

be adapted for all plots available within

Stella Maris.

With the blank canvas we have

available on Long Island we can

also design and build a totally

bespoke home as part of our

bespoke architectural and

design service.

LONG ISLAND

Beautiful Properties, Exquisite Location

LONG ISLAND

Bespoke Interior Design...Our designers will create

the interior design to your specification.

As part of our portfolio we have three interior packages,

from a minimalistic contemporary style to classical colonial

chique.

We also provide a full bespoke interior design service, allowing

you to work with our interior design partners in creating your own

design for your beautiful Bahamian home.

MJM Fit out is a division of the MJM Group, a privately

owned international award winning interior design

company.

The company is a specilist fit out and refurbishment

contractor operating in a diverse range of sectors

including Leisure/Entertainment, Hotel, Residential,

Retail and Education. A personal designer is designated to the ‘colleccion’

project for all buyers, with a full project management team to carry out the

works. MJM have a very strong portfolio of clients including:

The Berkeley Hotel

The Clarion Hotel

The Dorchester

K-Club

Oulton Club

Royal Bath Hotel

Q&A’sWhat effect has the global financial situation had on the Bahamas and Long Island?The Bahamas never had a housing bubble so there was nothing to burst. Property here is often self funded and those who use local banks for funding will find them basically risk averse; willing to lend but prudent. Land prices have increased greatly over the past three years on Long Island.

What is the political situation and how stable is the Bahamas?More than 300 years ago, English Adventurers in search of religious freedom founded the western world’s first true seat of democracy and named it Eleuthera, the Greek word for freedom. The Bahamas has elections every five years and a highly democratic and literate population.

Can I apply for residency following my purchase?Most property purchasers qualify for EconomicPermanent Residence status. Depending on your country of origin this benefit could offer further tax advantages.

How easy is to buy property in the Bahamas?The Bahamas welcome foreign ownership of secondhomes and make the purchase as stress free as possible with virtually no red tape.

How easy is it to fly to Long Island?Nassau, on New Providence Island, is served by hundreds of direct or connecting flights from all corners of the globe, including daily connections from all major cities on the US east coast. Also, Stella Maris airport (near to The Ridge) has recently started taking flights from Fort Lauderdale in Florida, further enhancing access to Long Island.

How does the Bahamian dollar compare with the US dollar?The currency has been on a par with the dollar since 1973.

Is the Bahamas a tax haven?YES, there is no income tax, no capital gains tax and no inheritance tax in the Bahamas.

LONG ISLAND

Video links...Cape Santa Maria Beach, close to Stella Maris. CLICK HERE.

Stella Maris, Long Island. CLICK HERE.

The real Bahamas. CLICK HERE

The information presented in this brochure is correct at the time of going to press (02/05/10). The Collection project is a fully bespoke project, but the developer will

provide a number of standard luxury real estate property types for buyers choice. If a buyer wishes to take advantage of a fully bespoke architectural service, the

developer reserves the right to submit an estimate based on a clients specification. Any specifications listed are purely a guide for purchasers.