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There is a real estate boom in Exuma, prices are going through the ceiling, million dollar lots and $2 million villas are being sold in record time.
Nassau Guardian, Pat Strachan (President of Bahamas Real Estate Association), December 3, 2004
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These days, you never know who will pop up on the island. Bill Gates and Warren Buffet were seen having breakfast at the P&P Club recently, joining the long list of "celebrities" who have visited the Peace & Plenty over the years.
Peace & Plenty Newsletter, Summer/Fall 2003 - Volume 24
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Tourism experts say the Exumas are North America's next warm-your-toes destination.
The Exumas are next on the growth list, thanks to the opening of the Four Seasons Resort Great Exuma at Emerald Bay in January and a greater number of flights from the United States (the best connections are via Miami). Once you have one high-end hotel, others tend to follow, and already a number of boutique hotels and other properties have started jockeying for the best spots on the sand.
Washington Post, Hot Spots 2004: International, January 4, 2004
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With the recent opening of Four Seasons Emerald Bay and other small island resorts, Exuma is poised to become the premier tourist destination in The Bahamas. The government is therefore ensuring that Exuma's Moss Town airport is ready, having so far invested some $1.35 million to upgrade the facility. A state-of-the-art crash, fire and rescue truck was also commissioned Wednesday to service the island.
According to Mr. Marshall (permanent Secretary at the Ministry of Tourism), tourism development in Exuma has gone "big time" and the island is on the map internationally. "You are on the map in the face of the world, and we have to ensure that we have successful tourism here when people come to visit," Mr. Marshall told Exumians.
Nassau Guardian, Exuma Airport to Be Upgraded, August 27, 2004
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The Government on Monday signed a Heads of Agreement with the United States-based Holmes Company Limited to construct a $240 million resort on Crab Cay, Exuma, located about a mile from George Town.
Crab Cay is a private community consisting of 34 villa-sites, each property boasting 100 feet of ocean frontage, priced from $1.8 million; 54 estate-enclaves, each with no less than two acres, priced from $3.8 to $10 million; and up to 50 mega yacht marina slips with a promenade.
Nassau Guardian, Major Resort for Crab Cay, June 4, 2003
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The Minister of Financial Services and Investments, Allyson Maynard-Gibson, said that emphasis would be placed on the expansion of the airport, increasing the water supply to Exuma and for the resort itself - implementing reliable telecommunications, customs and Immigration facilities, housing, waste disposal, education, clinics, and docking facilities and social services.
"The projects to be implemented or improved on the island of Exuma in anticipation of the Four Seasons Emerald Bay Resort, would total over $700 million," she said.
Nassau Guardian, Luxury Exuma Resort to Open in November, May 16, 2003
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"It is a considered policy of my government that investors, both foreign and domestic, are invited to sit at the table of national development as full partners," said Prime Minister Perry Christie.
Nassau Guardian, PM Touts Bahamas Investment Benefits, May 9, 2003
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The Exumas are set to become the Riviera of the Bahamas.
Nassau Guardian, Prime Minister Christie, August 8, 2003
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