Palm Cay offers Value for International and Local Buyers
Palm Cay is a stunning beachfront community on the southeastern coast of New Providence Island in the Bahamas – and its fastest-growing development.
This exclusive, 69-acre gated community offers a range of real estate choices, from luxurious beachfront townhouses to elegant condos and single-family properties. But what sets Palm Cay apart from other real estate developments in the Bahamas is the extra value it provides to its buyers.
First and foremost, Palm Cay provides an exceptional lifestyle that is hard to beat. The community features 1,200 feet of powdery soft beach, a magnificent 194-slip marina, tennis courts, gyms, concierge service, spa, restaurant, clubhouse, pool and poolside bar, dockside café, playground, and mini-golf, just 20 minutes from the capital, Nassau, and 35 minutes from the Sir Lynden Pindling International Airport.
Whether you're into boating, fishing, swimming, sports, or simply relaxing in the sun, Palm Cay has something for everyone. The community also boasts a 24-hour security system, ensuring that residents can enjoy their homes and the surrounding area with peace of mind.
Palm Cay is an excellent investment opportunity for real estate buyers thanks to these lifestyle offerings and its prime property. The Bahamas has a stable and growing economy, and Palm Cay is one of the most desirable and sought-after communities. As a result, property values in Palm Cay have historically appreciated, providing a solid return on investment.
Another key advantage of buying real estate in Palm Cay is the opportunity to earn rental income from vacationers. Many of the properties in the community are ideal for holiday rentals, and there is a strong demand for high-quality vacation rentals in the Bahamas. By renting out your property when you're not using it, you can offset ownership costs while generating additional income.
Buying real estate in Palm Cay is an excellent opportunity to obtain permanent residency. By purchasing a property over $750k, you can apply and enjoy the many benefits of residents of The Bahamas.
We have been involved in multiple Palm Cay real estate transactions, and we have a great business relationship with the developer; value is something we help identify and build into the terms of your deal.
Palm Cay real estate
With more than 400 town homes, condominiums, marina cottages, and single-family home sites, Palm Cay offers buyers and investors a wide choice of options.
Palm Cay real estate options include:
The garden townhouses are set in tropical, landscaped gardens; these three and four-bedroom family homes range from 2,100-2,400 square feet. The beach townhouses are similar in style and layout. The properties feature contemporary-style custom kitchens and dual-zone air--air-conditioning. The quality is demonstrated by Travertine tiles on the ground floor and an engineered wood upper floor. The master bedroom includes an ensuite bathroom and walk-in closet, and the veranda is more than 400 square feet. All these features, car parking, a residents' swimming pool, and a nearby white-sand beach make them popular with rental property investors.
They have been offered mostly for vacation rental, and they have been very successful in doing so. Whether at the garden and steps away from the beach or direct beachfront, they have been the most lucrative investment in the community. The buyers are diverse as well, which strengthens the position of Starfish Isle units as a preferred real estate product, no matter where the buyer is from.
If you prefer condos, two and three-bedroom Anchorage Condominiums are just minutes from the beach. Stand-out features in the stylish 1,500-square-foot condos are an ensuite master bedroom with a walk-in closet, verandas, high ceilings, and Travertine-tiled floors.
These appeal to local buyers looking to live full-time or rent their units. In this price range, it’s hard to find modern condos in gated beachfront communities.
Galleon Bay
Galleon Bay features its pool area and outside gymnasium. This community comprises 3 bedroom 2 / 2.5 bathroom units at over 1,500 sq. ft, stunning views of the #1 marina in The Bahamas, manicured lawn and gardens.
Designed in a luxurious, colonial style, the interiors are beautifully appointed and ideal for small families, these condos feature beautiful living areas that transition seamlessly to thoughtfully designed balconies.
One Marina is directly on the state-of-the-art marina and is one of Palm Cay’s newest, with Phase One, Two, and Three sold out.
The contemporary-design condos and penthouses range from 1,762-6,251 square feet, between two and three bedrooms, and come complete with terraces with enchanting views of the Palm Cay community and ocean via upper-level units. The penthouses have private rooftop pools with distant views to the island's northern side and the ocean to the south. The buildings are complete with elevator access and a generator.
Luxury lots
Build the Bahamas home of your dreams at Palm Cay, with prime lots available from 8,000-15,000 square feet. The vacant lots are closer to the tennis court and playground, along with the new amenity site that is being developed, which will feature a theater, food store, full-service spa, and other exciting options for convenience and ease of access.
The Cove
Due for completion in early 2024, the Cove condominiums and penthouses are the ultimate beachfront property. The luxurious three and four-bedroom homes provide unmatched panoramic views, luxurious surroundings, the beauty of the ocean, and private terraces. They are between 2,280-8,480 square feet.
Features include windows and doors hurricane-rated impact-resistant, spacious balconies featuring amazing ocean views, LED lighting throughout, energy-saving air-conditioning units, nest thermostats, contemporary European kitchen in vogue high gloss finishes, Bosch and Sub-zero appliances, central island, soft closing doors and water disposal system and reverse osmosis system. Condominiums are from 1,970 sq. ft. to 3,940 square feet, and prices start at $2M up to $4.75M
The Palms
The Palms, 1 Little Palms, and 2 Little Palms are luxury waterside condos and penthouses. The three- and four-bedroom homes measuring 1,518 square feet are available with balconies.
These stunning apartments boast views of the prestigious Palm Cay marina and its lush surroundings. It will be spacious and beautifully designed as the interiors fuse seamlessly with the raw natural beauty of the surrounding gardens. With its sleek and contemporary style, these apartments will offer a true haven of comfort and relaxation. It will be designed to the highest specification and can be furnished to your exacting standards, ensuring that every detail of your dream home is perfectly realized.
If you are looking for your dream vacation home or your next investment in Palm Cay contact us here
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