Despite the sluggish economy of the Grand Bahama Islands, real estate in the Bahamas is becoming a hot commodity. Both foreign and local buyers are looking at real estate in the area. The last quarter of 2019 saw price increases in the double-digits. Recent major investments in the region have boosted demand for Bahama real estate.
Some of the biggest names in the entertainment and sports world own real estate in The Bahamas. These include Nicolas Cage, Maria Carey, Sean Connery, Michael Jordan, and Tiger Woods. The country’s tax regime makes it an ideal location for real estate investments. Whether you’re looking for a vacation home, a second home, or a retirement home, there are plenty of opportunities in the Bahamas.
Nassau is home to the massive Baha Mar Resort and Casino. This project is the largest real estate development in the Bahamas to date and is expected to drive up real estate prices. In addition, homes in this area are priced in the upper-middle range. For more information about Bahama real estate, contact Coldwell Banker Lightbourn Realty. They have offices on most islands of The Bahamas, including Eleuthera, Nassau, and Long Island.
In addition to beautiful natural beauty, the Bahamas is home to some of the most coveted waterfront properties in the Caribbean. These properties range from luxury estates to trendy resorts to affordable condos. Whether you’re looking for a vacation home or a second home, Bahamas waterfront properties are among the most desirable real estate in the country’s archipelago. With 310 days of sunshine a year, the Bahamas is a prime destination for those seeking a relaxing and idyllic lifestyle. Those who want to relocate to the country can take advantage of numerous residency options, including residency programs.
Grand Bahama is the fourth-largest island in the Bahamas, and is arguably the most popular. It is the second-most-populated island in the archipelago, and has a thriving commercial center. It is a popular vacation destination with many hotels and restaurants. Freeport is also home to luxury oceanfront condos and upscale estates.
The capital of the Bahamas, Nassau, is a 21-mile-long island that is connected to neighboring Paradise Island by a bridge. The island’s eastern tip has a high-end development known as Ocean Club Estates. The properties in this development are priced from US$14 million.
If you’re looking to buy a luxury home in The Bahamas, JamesEdition.com can help. The website has 577 luxury homes for sale in The Bahamas. Bahama real estate The site allows you to narrow down your search by price, number of bedrooms, and amenities. Each listing includes a picture and a price.