Sales last month were well up and I think it is true to say that things have slowed a little this month. However there have been a number of closings and generally the closing price has been below the listing price for instance an Andros apartment was listed at $132000 and sold for $130000 and an Abacos listed at $129900 sold for $126000. A San Salvador listed at $121600 sold for $112000. There have been no Gran Bahama apartments sold. A couple of apartments did beat this trend and sell higher than listed but they were bank owned and they have gone for the highest offer.

At present there are still a further 10 apartments to close.

The Multiple Listing Service has 24 apartments listed across all types. There are 5 San Salvador's from $119900 to $215000 and 7 Andros from $129000 to $169000. 11 Abacos apartments from $133500 to $250000 and just one Gran Bahama at $215000.

This means there is still plenty of opportunity to invest at Bahama Bay Resort and at attractive prices. If you would like to have some help or advice please do not hesitate to call or email.

Phil Salmon A.C.I.B.

Realtor,

Pegasus Group International, Inc.,

PO Box 781941, Orlando,

Florida, 32878 - 1941

Email :- ps@1pra.com

Tel :- 1 407 931 3441.

Practical, Reliable Advice