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Bahamas property investment skyrockets

One Particular Resort

21.01.19

The first-ever residential resort in The Bahamas from legendary musician and businessman, Jimmy Buffet is making progress toward its highly-anticipated debut.

The project, named One Particular Harbour at The Pointe, is set at the $250 million Margaritaville at The Pointe development in the heart of downtown Nassau.

The future owners of properties at the 126-unit development will have access to all the attractions and amenities at the Margaritaville, which will be the second true Margaritaville resort in the Caribbean, along with the Margaritaville Beach Resort in Grand Cayman.

The project, like former Buffet owned restaurant chains, Margaritaville Café and Cheeseburger in Paradise, gets its name from one of the eccentric singer’s most popular songs – in this case, One Particular Harbour and the album by the same title.

The resort has just celebrated its topping off ceremony, a milestone that included the debut of the new Seven entertainment centre at The Pointe, which includes in-house options like a movie theatre, bowling lanes, a bar and a karaoke lounge.

The project combines oceanfront residences with preferred berthing rights for big boats and yachts at its on-site deep-water marina.

The units range from studios to condominiums with one to four bedrooms, and every unit has a “clear and unobstructed” view of the water from a private balcony.

It’s part of a wider renaissance happening in downtown Nassau, which has seen a remarkable transformation in recent years into a walkable, attraction-filled city with everything from art galleries and high-end eateries to charming boutique hotels.

The Margaritaville resort is expected to start its phased opening in the middle of 2019, with construction set for full completion in 2020. The resort will be managed by Aimbridge Hospitality.

“The Bahamas – one of the most beautiful places in the world – is an absolutely perfect location for a Margaritaville lifestyle destination,” said John Cohlan, chief executive officer of Margaritaville. “We’re excited to combine our casual-luxe brand with the local Bahamian culture, known for its warmth and hospitality, to create a one-of-a-kind paradise to vacation, visit, live or just kick back and relax. Nassau is an ideal destination for our lifestyle brand as we continue to expand our global hospitality footprint.”

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