Press Release Headlines

Caves Heights Condominium Development Expands Caves Village Offering a Diverse and Convenient Retail Shopping Experience

NASSAU, The Bahamas, Aug. 19, 2014 /PRNewswire/ — The premier luxury condominium development Caves Heights in Nassau, The Bahamas announces the expansion of Caves Village, offering convenient shopping for Caves Heights residents and guests located adjacent to the property. The expansion is slated to open in February 2015 and will boast two new retail buildings offering an additional 10,000 square feet of retail space to the existing 74,000 square feet of retail and office space already available. Expansion plans will also include covered walkways and ample parking for shoppers. With an ideal location, the Caves Village is perfectly situated as a hub between the seasonal market of the far west of Lyford Cay, Old Fort Bay and Cable Beach.

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Caves Heights residents will not have to go far to enjoy some retail therapy, health and wellness or everyday needs with this fabulous on-property lifestyle amenity. One of the new retail buildings will feature a second branch of Jemi Health & Wellness, offering a gym, spinning, aerobics, pilates, yoga, juice bar and a weight management center. The women's ready-to-wear fashion line, BCBG will also open, along with a pediatric center.

Shoppers will continue to enjoy several major retail establishments that have already made Caves Village a huge success including Burns House, Windermere, Jemi Health & Wellness, Palmdale Veterinary Clinic, Golden House Chinese Restaurant, Seaview Properties Real Estate, Caves Village Pharmacy, WaterEdge Realty, Cafe West and Scotiabank. The expansion also includes enhancements for some of the existing tenants such as new interior updates at Burn House; spa and salon upgrades at Windermere; expanded hours and services at Palmdale Veterinary Clinic; new Thai and Dim Sum menu; new interior and canopied dining area at Golden House Chinese Restaurant; an expanded menu, additional seating and new interior design at Cafe West and expanded services at Scotiabank.

Host to two-, three- and four-bedroom condos ranging from 1,855 to 4,594 square-feet, Caves Heights has remaining units priced between $695,000 and $2,400,000 with attractive investment opportunities readily available, including the option to purchase and lease units with a safe net return of approximately five to six percent on an annual basis.

ABOUT CAVES HEIGHTS
Caves Heights is destined as the premier luxury condo development in Nassau, The Bahamas for second-home buyers and investors. Situated in a private gated community, Caves Heights features two-, three- and four-bedroom condos, ranging from 1,855 to 4,594 square feet and priced between $695,000 and $2,400,000 or for leasing from $4,500 to $8,000 a month. Leases range from $4,500-$8,000 a month. Amenities include three pools, well-equipped fitness center and aerobic room, lit hard-surfaced tennis court with side pavilions, gazebos, family picnic areas, 24-hour security, air-conditioned storage, and ample parking. The adjacent Caves Village, accessible by golf carts provided to residents, offers lit paved walkways and lush landscapes enveloping a variety of shops, restaurants, salons and spa, wine store, pharmacy and other conveniences. www.cavesheights.com

Media Contact: Andria Mitsakos
+1 212 767 9665
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