The Bahamas has experienced an unprecedented real estate boom over the past year, particularly in the higher-end luxury market. Buyers are taking advantage of beautiful beaches, clean air, modern real estate, and exciting lifestyle amenities.
Buyers are a combination of both local and international buyers primarily from Europe and The Americas, contributing to the international growth in high end luxury real estate, In 2020, The Bahamas government launched the Bahamas Extended Access Travel Stay (BEATS) visa programme in a concerted effort to revamp the country’s existing annual residency scheme. The primary focus is:
- Companies, such as large technology and other progressive companies who expect remote working to continue into the future for some time, permanently in some cases;
- Small firms, who may want to shift operations for a full year.
- University students who can study remotely
Individuals residing under the program cannot work for a local firm or start their own business in The Bahamas. All work must be 100% international.
Programmes like this and the existing International Persons Landholding Act make it easy for buyers and renters from anywhere in the world to reside in The Bahamas full time. Capitalizing on easy access, a beautiful natural environment and low tax jurisdiction, developers have perfectly timed a diverse selection of condominium developments throughout the islands of New Providence and Paradise Island. These projects are positioned specifically for buyers seeking an attractive investment and residency options as well as the flexibility to earn income on the investments. These new developments are modern, wellness-oriented, amenity-rich and capitalize on the mesmerizing views of the aquamarine Bahamian waters. We have hand selected many of the top projects and their key features to help you explore the opportunities.
The Residences at Goldwynn is located on a beautiful sandy beach at the eastern end of the very popular Cable Beach. Other properties along the beach include Rosewood, Grand Hyatt, SLS, Breezes, Sandals and other popular condominium complexes.
The building design is an ivory and glass celebration of indulgence, relaxation and architectural beauty. Serving as both a luxury condo hotel and home to exclusive beachfront residences, The Residences at Goldwynn is designed to service your every need, allowing homeowners the privilege of generating rental income, should they choose to rent their property. Purchasers can choose from a wide array of floor plans including studios, one, two, and three-bedroom residences in both the hotel and the private residential side of the building. Interior living spaces range from 500 square feet to almost 3000. Prices start at just $500,000.00 to over $5,000,000.00.
These luxury apartments and penthouses are nestled alongside Palm Cay’s award winning 194 slip marina. One Marina is the figurative centre-piece of the vibrant Members Beach Club, restaurant, cafe, spa, tennis courts, fitness centre and world class marina, providing an intimate experience of the luxury Caribbean lifestyle. The community totals 69 acres with a total 1,200 linear feet of sandy beach. Located on the eastern end of Nassau with a full-service marina, and living in Palm Cay is the quickest shot to reach the Exuma Cays.
Prices start under one million in Phase III and marina slips are available on a limited basis.
Aqualina is set on a magnificent private beach in the heart of Cable Beach, only footsteps away from the amenities of the adjacent $3.5B Baha Mar Resort. Soaring eleven stories above the aquamarine waters, with only twenty seven exclusive three and four bedroom residences, each spacious property features private elevator access, breathtaking views and is meticulously appointed with striking finishes.
Amenities at Aqualina are developed to help you experience a feeling of Zen with activity driven facilities like a stunning infinity pool for the avid swimmer, state-of-the-art tennis court, full-time concierge and a full-service fitness centre. The design team has gone the extra mile to protect and restore the building’s natural surroundings. The lushly landscaped grounds feature beautiful, open green spaces with herb gardens and fruit trees. The covered car ports also feature charging stations. In addition to the vast array of first-class amenities everyone will enjoy at Aqualina, homeowners have the option to participate in a first of its kind Boat Club.
Located on a 7-acre gently rolling hillside, the project will comprise one hundred modern and spacious apartments with oversized balconies capturing a panorama of The Bahamas gin-clear waters. The two and three bedroom en-suite apartments range in size including balconies from 1,395 to 4,120 square feet and are priced from $850,000 to $2,200,000.
Modern, state of the art finishes include hurricane impact rated doors and windows, glass balustrade balconies, contemporary European kitchens in-vogue high gloss finish, smart home technology with Nest controls and some flexibility for the buyer to choose their color and style. The penthouse apartments are complete with their own roof top pool overlooking a pure canopy of ocean blues and Caribbean skies.
COVE is Palm Cay’s ultimate beachfront property, the sister vision of One Marina. Nestled on the south eastern point of New Providence, Cove offers unmatched panoramic views, luxurious surroundings, the beauty of the ocean and private terraces making it a choice location for Bahamas ownership and residency. Cove at Palm Cay is an official port of entry for customs and immigration and only 28 miles from the Exuma Cays.
The featured property is a four bedroom high-end residence, designed in a luxurious, contemporary style, the interiors fuse effortless sophistication and raw natural beauty. This apartment features stunning interior living areas which transition seamlessly into exterior spaces including a rooftop pool.
Paradise Landing
The former Hurricane Hole Marina enjoys one of the best locations on Paradise Island, within walking distance of restaurants, shopping, a casino, nightclubs, and the Atlantis resort. In addition, boaters can expect to enjoy all the amenities of one of the Bahamas’ most famous full-service marinas.
Paradise Landing is being re-developed as a mixed-use neighborhood which will include restaurants, a grocery store, wine & liquor stores, a pharmacy, dry cleaners and others. In addition, there will be a state of the art office space and a new upscale condominium development offering the finest services and amenities for Paradise Island real estate. Paradise Landing will be an integrated pedestrian-scale and highly livable environment.
Located on the western tip of Nassau’s bustling downtown neighborhood, just steps from the newly revitalized cruise port, One Particular Harbour at The Pointe is home to Downtown Nassau’s newest and most luxurious residences with an oceanfront promenade, restaurants and marina.
Featuring expansive views of the ocean, cruise port and picturesque lighthouse, One Particular Harbour offers 126 exclusive units with contemporary design and high-end furniture. From fully furnished studios to the ultimate 4-bedroom penthouse, enjoy an unparalleled location at the water’s edge along with access to services and amenities of the Margaritaville Beach Resort. Prices start at $400,000.
COMPLETED PROJECTS
Now in a full resale phase, One Cable Beach rises seven stories above a spectacular private beach, with 73 large and exclusive residences, each oceanfront property for sale features breathtaking views and is meticulously appointed with matchless finishes and thoughtful detail.
When you enter a residence at One Cable Beach, you instantly appreciate the superb architectural thought and creativity. Unit owners can take advantage of the growing demand for rentals on the island and participate in the optional rental program thereby earning generous rental income during periods when the unit would otherwise be unoccupied. Both short- and long-term rentals are permitted.
One Ocean is ideally situated on Nassau Harbour with expansive views of Nassau, Paradise Island and the Ocean Club Estates community. One Ocean’s spacious residences and modern luxuries make these some of the best waterfront condos on Nassau and Paradise Island. Huge outdoor patios look over panoramic ocean views. You are a minute’s walk from restaurants, shopping, nightlife, and beaches. Residences include a selection of 2 and 3 bedroom residences, as well as 4 bedroom penthouses. Stunning kitchens are designed for family feasting, with plenty of storage space, five-burner cooktops, wall ovens, party-sized fridges, dishwashers, and wine coolers. Fully integrated, top-of-the-line appliances include Wolf, Bosch, and Sub Zero, while quartz countertops are reminiscent of renowned European kitchens. Breakfast bars invite your guests to relax with a drink and watch you fix the appetizers. Prices start at just under one million.
Call us at 1-242-328-7777 for Property Information or email us at bahamas@engelvoelkers.com.
