With the recent news that ITM/Royal Caribbean has signed an LOI with the government to purchase the Grand Lucayan, online news and social media is abuzz with speculation that there will be an economic surge on Grand Bahama. In particular, the real estate market may see an increase in sales with the potential of new hotel room inventory, flights to the island, visitors and new employment opportunities....
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A tax free, aquatic paradise within paradise is how it can best be described. A profound fusion of city and island living takes its breath on the coastline of the remote 685 acres Paradise Island of Nassau Bahamas accessible by bridge or vessel and bringing to life the dreams of yachter’s and marine lovers collectively. Not very many people get the opportunity to call one of the most sought after...
A Global Leader In High Net Worth Investment Solutions (And THE Leader in Beautiful Beaches and Clear Turquoise Water) In addition to world-renowned beaches, resort destinations and of course the famous swimming pigs, The Bahamas remains a tier 1 international financial centre which remains highly competitive in the global arena. There are approximately 250 licensed banks and trust companies, 64 licensed...
Bahamas Real Estate Brokerage Firm, Engel & Völkers just released their 5-year market report, which shows positive growth signs for a number of areas in the local real estate market. The report extracted and analyzed over 1,800 residential sales on the Bahamas Multiple Listing Service (MLS), the real estate industry's central database for property listings and sales. The report analyzes sales...
The Bahamas boutique resort and vacation industry is the envy of the Caribbean and Real Estate Brokerage firm Engel & Volkers believes it has a real estate opportunity that can revolutionize the hospitality industry on Cat Island. The firm has listed three properties for sale in the southern end of the island including Greenwood Beach Resort, Fernandez Bay Resort, and the private island...
Paul Thompson Luxury Real Estate Advisor +1 242 577 3627 +1 242 328 7777 Email Paul Shopping for the perfect property can take a while if you are in search of rare amenities and property features. Often times a full walkthrough of an estate or two proves overwhelming and can leave you as a buyer undecided but what if we gave you the option to view our estates through the eyes of a...
Cheryl De Goicoechea was born and raised in Salt Pond, Long Island. She has been selling real estate for the past 10 years. Cheryl says not much has changed over that time but that is exactly why her clients like the island. Long Island is located in the southeastern Bahamas approximately 165 miles from Nassau and 345 miles from the United States. It is a sparsely populated island of about...
In August of 2017 Forbes magazine ranked The Bahamas one of Nine International Areas Real Estate Investors Should Give a Look. Two months later Engel & Völkers opened its first shop in The Bahamas and has been riding a strong real estate market for the past 6 months. Headquartered in downtown Nassau, Engel & Völkers Bahamas is the 2nd Caribbean location along with the Cayman Islands. License...
As you dream of escaping the realities of your day-to-day life back home by establishing your own haven of rest and relaxation on Bahamian shores, there are certain practicalities that can’t be ignored if you’re planning on bringing a young family with you, chief among them: private schools. The allure of settling into your own island hideaway and immersing yourself in the island lifestyle is...
Expedia notes that “based on flight ticket sales purchases via Expedia group sites, The Bahamas is among the leading destinations for travel from Caribbean origins to a Caribbean destination." We experience inbound flights from all over including, Toronto, New York, and London. Aided by the ease of direct flights, these feeder markets are large contributors to our luxury Bahamas real estate sales. The...