When looking for a real estate investment in the Bahamas, the first thing to consider is location. This beautiful archipelago of hundreds of islands boasts an investor-friendly tax regime and some of the most luxurious properties in the Caribbean. In fact, Bahamas is the top choice for investors because of its incredible natural beauty, rich culture, and world-class shopping and dining. And if you want to enjoy all the luxury without paying the high price tag, consider buying property in the Bahamas.
One of the best ways to determine price is by conducting a real estate market analysis. Many people make the mistake of comparing property values in a given area to one another. In reality, the Bahamas offers moderate to good rental yields. However, these are not reliable indicators. Consequently, it is vital to have a reliable real estate broker who can provide an accurate price estimate. A reliable agent will real estate bahamas have the ability to assess prices based on past performance and recent market conditions.
Gloria Gonzalez is a native of Guatemala and came to the Bahamas in 1975. Her career in real estate has evolved along with the country’s growth. She was appointed a licensed broker in 2003. She also holds a prior qualification from the Bahamas Real Estate Institute. She is also a member of The Bahamas Real Estate Association. By using a licensed real estate agent, you can be assured of getting the best price and highest quality service.
For those interested in luxury property, a visit to Eleuthera may be in order. This island boasts the first permanent settlement in the Bahamas. Christopher Columbus reportedly stopped here, making it a prime location for luxury vacation homes. Eleuthera real estate prices have skyrocketed in recent years, especially on Harbour Island. The local real estate agency Lightbourn Realty has offices in both the island’s main town as well as in its satellite cays.
If you’re interested in luxury real estate in The Bahamas, you can contact C.A. Christie Real Estate. They specialize in residential and investment properties in the Bahamas, including Paradise Island. Another reputable real estate company is Thompson’s Real Estate Company Limited. They offer the services of Mary Thompson and David Mayhew. The two agents are dedicated to helping you purchase luxury real estate in The Bahamas. The two brokers are a great combination of old world service and new-world technology.
Andros is the largest island in the Bahamas and is considered the world’s bone-fishing capital. Andros is also the least developed, but a two-bedroom beachfront villa in Staniard Creek is priced at US$2.1 million. On the other hand, a four-bedroom home in Fresh Creek is priced at US$850,000. The island of Eleuthera is just 50 miles east of Nassau and boasts 110 miles of white and pink sand beaches.
For those looking to invest in Bahamas real estate, the Bahamas economy is growing slowly. From 2010 to 2017, the economy grew by a modest 0.7% per year. However, it has recovered to 1.6% and 1.8% in 2019, with the opening of Baha Mar and increased foreign direct investment. The Bahamas economy is also seeing a rebound in the construction industry, including the opening of the Baha Mar resort. With these positive factors, the real estate investment opportunities in The Bahamas are growing at a steady pace.