Posted by: Editor on Nov 08, 2006 – 08:44 PM
lodging  February Point on Great Exuma in The Bahamas has been voted the ‘Best Waterside Development of the Year 2006’ by Caribbean World magazine.
Promoted by Black Pearl Ventures, the exclusive residential resort of February Point nestles in a paradise location with each of its waterside villa offering stunning vistas of white sandy beaches and azure blue seas.

On receiving the prestigious Award, British-born Guy Newman of Bahamian property promoters, Black Pearl Ventures, said, “It is a fabulous honour for February Point to be voted ‘Best Waterside Development of the Year’ by Caribbean World and its readers.

“Both unspoilt and private, The Exumas offers the best of island life and at February Point it is accessible from each and every villa via your own private jetty. There is island-hopping to deserted beaches in your own twin engine speedboat, snorkelling and scuba diving in crystal clear waters, fantastic fishing and a host of watersport and sailing opportunities.”

Whilst fast becoming a ‘Set Jet’ holiday destination thanks to Pirates of the Caribbean II and Casino Royale, parts of which were filmed in The Bahamas, you don’t have to be a millionaire to own a slice of February Point as the villas are sold on a fractional ownership basis (with a maximum of eight owners per property).

Each investor is entitled to deeded ownership for a certain number of weeks per year, for the rest of his or her life, with the ability to transfer those rights to their children. As with any property investment, purchasers also share in the appreciation of the villa.

With February Point taking shape in a number of phases of development, buyers coming in at the early stages of development are finding that the resort also offers buyers a sound property investment. With Phase II sold out, Phase III is now coming on to the market and is a particularly attractive option to UK buyers given the current favourable exchange rate between sterling pounds and American dollars.

This year the Awards Ceremony will be hosted by TV presenter, Gigi Morley, and the Awards will be presented by BBC broadcaster, Dermot Murnaghan, at a glittering evening at the Four Seasons, London, on Thursday, November 9, 2006.