When searching for an ideal Bahamas home, buyers will often have favourite communities in mind and will want to know the potential and if their target properties are fairly priced. Investors may have slightly different criteria, but they are also likely to have a list of top target communities in which to look. Whether you are searching for property in an established or an up-and-coming community, it...
Are you looking to optimize your home and workspace during COVID-19 restrictions? Here are some great tips from Engel and Volkers’ Bahamas License Partner, Colin Lightbourn, to make your prolonged stay in your home and workspace happier, healthier, and easier to manage. Colin says, “Everyone understands the benefits of social distancing in ‘flattening the curve’ of the Coronavirus, but that...
COVID-19 has many of us now at home for extended amounts of time and trying to find new ways to entertain ourselves and our families. Lucky for us, companies are continuing to launch new platforms, technologies, and services to keep us informed and entertained while staying safe and healthy inside our homes. From streaming services offering extended free trials to Broadway and Opera shows online, there’s...
Image courtesy of atlantisbahamas.com Ex Prime Minister Hubert Ingraham on Sol Kerzner’s contribution to The Bahamas, from the Tribune242.com The Bahamas economy had been in recession for two consecutive years when my first government came to office in August 1992. Unemployment was at 14.8 percent, the highest level since the 1970s and our foreign reserves were at $145.9m, the lowest level in a...
For Bahamas property buyers, Palm Cay offers an extensive choice of quality homes in a private, oceanfront community. The 69-acre resort community on the southeast coast of New Providence, features more than 300 townhouses/condos, marina cottages and single-family homes, many with amazing ocean views. Palm Cay includes a magnificent marina, beach club, restaurant, two tennis courts, with lighting, a...
E&V Command serves as the data-driven, all-inclusive technology portal enabling advisors to manage their entire business at their fingertips. Engel & Völkers Americas announced today the launch of E&V Command, a custom-built mobile app designed to serve the brand’s network of real estate advisors as the single, comprehensive portal for client services and business intelligence. E&V...
Engel & Völkers 2019 Real Estate Market Report shows mixed results for the Bahamas real estate market. While the total number of residential units sold on The Bahamas Multiple Listing Service slipped by about 20% throughout the islands, the average sales price for all residential property sales (including land) increased by 6.7% from $239,56 in 2018 to $255,547. Factors affecting the decrease in unit...
You won’t find honking horns and traffic lights here, although easily one of the largest Bahamian Islands; host to 365 Cays and home to a populous of 6,928. A best-kept secret and a treasure box for the rich and famous. Luxury Real Estates Here, find Johnny Depp’s 45-acre home named Little Hall's Pond Cay or venture a little further to find the White Bay Cay owned by Tyler Perry. Many celebrities find...
Bahamas Real Estate, according to MLS stats*, continues to show steady growth with the average sales price up from $349,812 in 2018 to $470,979 for the 1 st half of 2019. The total sales volume is $99,847,548 which is slightly ahead of the 2018 total sales by about 5.7%. Total units sold has decreased and the median sales price has decreased from $310,000 to $270,000. Average days on the market for...