The Tribune

Buying a condo was never like this before. Prospective homeowners last week gathered outside the Palm Cay clubhouse for a ‘reservations-become-reality’ night, eager for the groundbreaking approach to luxury condo sales at the $200 million development.

Guests were there to turn the interest they registered in one of the first 12 units at The Anchorage condominium complex, located in the gated community on New Providence’s southeastern shore, into reality.

Prospective buyers had previously made a fully refundable $5,000 commitment for one of the first 12 units available during Phase 1. Some 15 reservations had come in, prompting Palm Cay to consider accelerating plans for the construction of Phase 2.

“Tonight was a major success,” said Palm Cay’s director of sales and marketing, Zack Bonczek. “We had a great turn out, and the buyers were very excited and engaged throughout the entire process.

“It also gave people a chance to meet their future neighbours, and that added to the fun and spirit that is becoming synonymous with Palm Cay.”

Reservation holders were called in the sequence that their respective reservations were made. Once a unit was chosen, it was marked off, visible to the other buyers and declaring the unit was spoken for, creating more suspense.

Matthew Sands and Gabrielle Burrows, the first buyers to claim a unit, shared their satisfaction. “I was very excited that we were able to look at all the units and choose the best spot for us and get the first pick of our unit of 12 reservation holders,” said Ms Burrows.

Palm Cay boasts the island’s largest small to mid-sized boat marina, 1,200 feet of white sand beaches, two tennis courts, pools, playground and clubhouse in a secure, family-oriented community.