The Bahamas’ economy has experienced a lull in recent years, but the resurgence of its real estate market has made the island a hot commodity among foreign and local buyers. Recently, prices have soared by double digits, thanks to several major new investments. Bahamas real estate In the last quarter, the island has seen a 13% increase in real estate prices, and it’s likely to continue to grow.
Investing in Bahama real estate is a great way to benefit from the islands’ stable economy and gorgeous natural scenery. The Bahamas is home to some of the world’s best luxury real estate, including luxurious waterfront estates and remote, luxury resorts. In addition, the country has several residency options for expats, and its tourism industry is growing and stable.
Whether you’re buying a house for the first time or are a seasoned investor, a Bahamas real estate agent will be able to help you make the right decision. As a member of the Bahamas Real Estate Association, they have gone through rigorous training and exams to become licensed in the Bahamas. They have also abided by a strict code of ethics and conduct. Some of them have even attained higher certifications in the luxury market, which are awarded to less than 5% of real estate agents globally. They work with buyers and sellers in all price ranges, and are more than happy to assist foreign buyers.
Eleuthera is an extraordinary island with beautiful beaches and rolling countryside. It’s a favored destination for the rich and famous. The price of Eleuthera real estate has recently skyrocketed. If you’re interested in buying a house in the Bahamas, Lightbourn Realty has offices on both the island’s mainland and satellite cays.
The Bahamas are home to some of the world’s most beautiful and diverse real estate listings. Whether you’re looking to buy a single family home, condominium, or townhouse, Nassau real estate agents can help you find the perfect place. From single family homes to condominiums, from town houses to vacant land, the Bahamas have something for everyone.
During the global financial crisis, the price of Bahamas property fell nearly 20%. Some areas saw declines of up to 60%. But the housing market has since stabilized. After Hurricane Dorian, prices have increased slowly but still remain above the 2007 peak. If you’re interested in buying a luxury home in The Bahamas, you can check out JamesEdition’s luxury listings. Its search engine allows you to narrow down your search by location, price, and amenities.
The economic recovery in the Bahamas’ property market is starting to take hold. The recent announcements by Carnival and the government regarding the building of a 369-acre cruise port are likely to boost the property market. These developments are likely to create many new jobs, and will inevitably boost real estate values.