Serenity Point was recently covered by The Bahamas Investor.
Serenity Point, Great Abaco
By Catherine Boal
Although luxury is obviously a major concern to buyers, the environmental footprint of their homes is also important to a generation of more eco-conscious investors. The company’s responsible attitude toward the local environment and its wish to have the least possible impact on the surrounding natural ecosystems are becoming increasingly attractive selling points.
According to Nihon III, water conservation is particularly important, and the site will feature a comprehensive irrigation system using reservoirs capable of holding up to 100,000 gallons of rain water. Lot owners will also be compelled to keep one 20,000 gallon tank on their properties.
“This will save millions of gallons of water yearly, substantially reducing the energy burden on the government to supply our community with water–an increasingly scarce resource in The Bahamas,” he says.
Developments such as Serenity Point, and neighboring Schooner Bay Village, are part of an overall resurgence currently being enjoyed by Abaco—one of the fastest growing islands in The Bahamas and the country’s third largest economy after New Providence and Grand Bahama.
Private developers and government initiatives are helping to bolster the region, with new projects such as the Delphi Lodge—an upscale bonefish fishing lodge, which opened at the end of 2009—and The Abaco Club, which was bought by luxury hotel chain Ritz-Carlton in 2008, both opening in tandem with a redevelopment of the Marsh Harbour International Airport.