The real estate market in The Exuma Islands has shown notable shifts from 2023 to 2024, reflected in listing prices, sales prices, days on market (DOM), sales volume, and active listings. These insights can guide both buyers and sellers as they navigate current market conditions. 1. Median Listing Price and Median Sales Price Trend: Both median listing and sales prices have slightly declined in 2024 compared to 2023. Perspective for Sellers: This trend suggests that buyers are more price-sensitive, and realistic pricing can be critical for attracting offers. Sellers should consider competitive pricing strategies to align with market expectations and facilitate quicker sales. Perspective for Buyers: The slight decrease in prices indicates an opportunity for buyers to negotiate favorable deals. This is particularly beneficial for those looking to invest, as prices have softened without substantial drops, indicating steady value. 2. Average Days on Market (DOM) Trend: The average DOM has increased, with properties taking longer to sell in 2024 compared to 2023. Perspective for Sellers: An increase in DOM may indicate a more cautious buyer market. Sellers should be prepared for potentially longer listing periods and consider strategic pricing and presentation to attract interest. This environment highlights the importance of staging and marketing, as well-prepared homes are more likely to stand out and sell faster despite the extended timelines. Perspective for Buyers: With properties spending more time on the market, buyers may find they have more time to consider options and negotiate favorable terms. However, they should still act strategically, as desirable homes may still attract competition. 3. Sales Volume Trend: Sales volumes in 2024 have remained similar to those in 2023, with a slight increase. Perspective for Sellers: The steady sales volume, with a slight uptick, suggests stable demand in the market. Sellers can remain optimistic, as the consistent activity indicates buyers are still actively looking. However, competitive pricing and effective marketing will remain essential to attract offers within this balanced market. Perspective for Buyers: With sales volumes holding steady, buyers may find a stable range of options, although the slight increase suggests some properties are moving more readily. This stability can offer buyers more confidence in their investments, but they should still be prepared to act decisively on desirable properties. 4. Number of Active Listings Trend: Active listings have seen a slight increase, providing a modest expansion of options for buyers. Perspective for Sellers: The slight increase in active listings means there is still a competitive environment, though not drastically different from the previous year. Sellers should focus on strategic pricing and strong presentation to capture buyer interest. Highlighting unique features and maintaining a competitive price will be essential to stand out. Perspective for Buyers: The small rise in active listings provides buyers with a slightly broader selection, allowing for some additional flexibility. While options have increased, the change is minimal, so buyers should remain prepared to act promptly when they find the right property.   The 2024 market dynamics reflect strong buyer activity, with prices adjusting slightly to meet demand. Sellers can benefit from the high demand, but must remain competitive. Buyers, meanwhile, have more choices but should be prepared to act quickly in this active environment. Both sellers and buyers can find opportunities to meet their real estate goals by aligning with these trends and taking informed, strategic actions.

  If you're dreaming of owning a home in a place where turquoise waters meet untouched white sand beaches, Exuma in The Bahamas might be exactly what you’re looking for. This pristine chain of islands offers more than just a picturesque escape—it’s a unique lifestyle that combines relaxation, adventure, and community. Let’s dive into why Exuma is a dream destination for aspiring homeowners and what you can expect from life on these beautiful islands. 1. Natural Beauty and Seclusion Exuma is known for its crystal-clear waters, secluded beaches, and vibrant marine life. Unlike some of the more commercialized areas in The Bahamas, Exuma retains its natural charm. Here, you’ll find the famous swimming pigs of Big Major Cay, stunning sandbars, and thriving coral reefs. Living in Exuma means you have easy access to some of the most stunning and unspoiled natural landscapes in the world, offering a tranquil lifestyle that many dream of. 2. A Range of Island Communities The Exuma archipelago is made up of over 365 cays, each with its unique character. Great Exuma, the largest of the islands, is known for its friendly locals and laid-back atmosphere. The island’s main town, George Town, has essential amenities like grocery stores, restaurants, and shops, while still maintaining a small-town, island charm. Little Exuma and the Exuma Cays each offer their own distinct flavors, so you can choose the vibe that suits you best, from peaceful isolation to a more community-centered life. 3. Luxurious Yet Laid-Back Living Homeowners in Exuma enjoy an exceptional blend of luxury and tranquility. Properties in Exuma range from modern waterfront villas to more rustic beachfront cottages. Real estate here often includes access to private beaches, docks, and breathtaking ocean views. Many homes are designed to harmonize with the natural surroundings, incorporating open spaces, large windows, and outdoor living areas that let you fully embrace the island lifestyle. 4. Outdoor Adventures Right at Your Doorstep Exuma is a playground for nature lovers and adventure seekers alike. With the Exuma Cays Land and Sea Park nearby, residents have access to protected reefs, blue holes, and a multitude of water activities. Fishing, boating, snorkeling, and diving are part of everyday life here, as are less traditional experiences like exploring abandoned pirate hideouts or visiting the famous Thunderball Grotto, featured in James Bond movies. Living in Exuma means that every day can be an adventure, with endless opportunities for outdoor exploration. 5. A Close-Knit, Friendly Community One of the unexpected charms of life in Exuma is the warmth of its community. Bahamians are known for their friendly, welcoming nature, and Exuma is no exception. The islands have a strong sense of community, with events and festivals that bring locals and vacationers together. Homeowners often find that integrating into Exuma’s relaxed lifestyle is easier than expected. Whether you’re a full-time resident or a seasonal visitor, you’ll be embraced by the island community and feel right at home. 6. A Wise Investment Opportunity In addition to the lifestyle perks, purchasing property in Exuma can also be a smart financial decision. The Bahamas’ real estate market has shown resilience and growth over the years, particularly in high-demand areas like Exuma. Vacation rentals are popular here, meaning that if you’re not planning to live in your property year-round, you could generate rental income. Exuma’s appeal as a luxury vacation destination is growing, making it a promising choice for those looking to invest in a property that could appreciate over time. 7. Easy Accessibility Despite its remote feel, Exuma is more accessible than you might think. George Town Airport (GGT) offers direct flights from major hubs like Miami, Fort Lauderdale, Atlanta, and Nassau, making it convenient for international travelers and homeowners. Additionally, the inter-island transport options, such as boats and small planes, make exploring other Bahamian islands or visiting the capital of Nassau fairly simple. 8. Lifestyle and Convenience While Exuma offers a simpler way of life, essential conveniences and modern amenities are available. Local markets carry fresh seafood, local produce, and imported goods, so you can enjoy a mix of island-grown food and international products. For healthcare, there is a well-equipped clinic in George Town, and Nassau has advanced medical facilities for specialized care. Exuma’s infrastructure may be more laid-back than in urban areas, but it’s well-suited to a relaxed, yet comfortable lifestyle. Is Exuma Right for You? Owning a home in Exuma isn’t just about owning a piece of paradise; it’s about embracing a unique way of life. If you’re seeking an escape from the busyness of city life, and if you’re drawn to nature, adventure, and a sense of community, Exuma could be the perfect fit. This island paradise offers a tranquil, enriching lifestyle that combines the best of luxury and simplicity. Investing in a property in Exuma allows you to create a home that’s not just a residence but a retreat where you can unwind, recharge, and connect with the beauty around you. Exuma is more than a place—it’s a lifestyle, one that you’ll find hard to leave.

Nestled in the heart of Old Hoopers Bay on the enchanting island of Exuma lies a hidden gem that could be your next tropical retreat or income-generating vacation rental. This stunning property, perched at an elevation of 100 feet, offers panoramic views of the turquoise waters of Hoopers Bay, embodying the essence of the Exuma lifestyle: serene, scenic, and steeped in natural beauty. Property Overview Spread across 6.44 acres of lush, native foliage, the main house and charming cottage offer a total of 3 bedrooms and 3.5 bathrooms. Whether you're looking for a peaceful personal retreat or an opportunity to enter Exuma's thriving vacation rental market, this property is perfectly positioned to deliver. The elevated land provides unobstructed views of the glistening waters that have made the Exumas a global destination for travelers seeking paradise. With ample space for expansion, you could easily develop this property into a larger private family estate or boutique bed-and-breakfast, taking advantage of the ever-growing demand for vacation rentals in the Bahamas. Prime Location Old Hoopers Bay boasts the ideal blend of accessibility and tranquility. Located just a 10-minute drive from both the international airport and the charming town of Georgetown, this property is in the perfect location for those who want to enjoy the island's amenities while maintaining a sense of seclusion. The private access road from the Queen’s Highway ensures exclusivity, guiding you from the main road to a quiet beach that feels like your own slice of paradise. Exuma's Vacation Rental Market: A Wealth of Opportunity As a discerning buyer, you'll be excited by the potential rental income this property can generate. Currently operating as a vacation rental, it offers an immediate revenue stream. Exuma's vacation rental market is booming, driven by the island's natural beauty, crystal-clear waters, and the laid-back Bahamian lifestyle. Visitors from around the world are drawn to Exuma’s unspoiled beaches, outdoor activities, and unique experiences. This demand makes properties like this highly sought after, especially those in pristine locations like Old Hoopers Bay. By leveraging this property’s existing reputation, or transforming it into a bed-and-breakfast, you can capitalize on the year-round demand for unique vacation stays in Exuma. Exuma Lifestyle: A Playground of Natural Wonders Exuma isn’t just about real estate—it's about embracing a lifestyle surrounded by some of the most beautiful landscapes in the world. Just minutes away from your future home, you can snorkel in crystal-clear waters, explore hidden cays, or swim with the famous Exuma pigs. The nearby town of Georgetown offers quaint shops, local eateries, and access to boating adventures, while a short boat ride can take you to the stunning Sandals Emerald Bay Golf Course. For those with a love for the outdoors, Exuma offers world-class boating, fishing, and diving experiences. Hoopers Bay itself is a haven for sea turtles, making it the perfect spot for snorkeling and paddleboarding. A Unique Opportunity Awaits This Old Hoopers Bay property is more than just a house—it’s an opportunity to immerse yourself in the beauty of Exuma while benefiting from the booming vacation rental market. Whether you’re seeking a serene family retreat, a profitable vacation rental, or an exciting new business venture, this property has the potential to deliver it all. If you’re ready to invest in a slice of paradise, this is your chance. With breathtaking views, room for expansion, and proximity to all the wonders Exuma has to offer, this property will captivate those seeking a tranquil yet vibrant island lifestyle. Don’t miss out on this rare opportunity to own a piece of the Bahamas in one of its most desirable locations.

Owning a vacation home in the Bahamas offers incredible lifestyle benefits, investment opportunities, and many other advantages. Attracted by pink-sand beaches, crystal-clear waters, and year-round sunshine, it's no wonder that many real estate buyers are looking for a second home in the Bahamas. It's undoubtedly one of the main reasons homebuyers contact the Jupp Team at Engel & Völkers Bahamas. In 2022, the Bahamas attracted 7 million travelers, and with high demand from vacationers forecast for 2023, investors are keen to buy holiday homes and grow their vacation property businesses. As well as maximizing rental income, vacation property owners can enjoy Bahamas tax advantages and take time to enjoy the tropical paradise. With around 700 islands and cays, 16 major islands, and 1,368 square miles of coastline to explore, the Bahamas has been named the world's most idyllic vacation destination. As Director General of Tourism, Investments & Aviation, Latia Duncombe, says, the Bahamas offers "sixteen islands, sixteen experiences, and sixteen vacations in one." Nassau & Paradise Island and Freeport Grand Bahama Island lead the most populated islands in the Bahamas. Then there are the Abacos; Eleuthera (including Harbour Island & Spanish Wells); Andros; Exuma; Long Island; Bimini; Cat Island; San Salvador; Inagua; Berry Islands; Acklins; Crooked Island; Mayaguana; Rum Cay; and Ragged Island. As the Bahamas lies just 110 miles from the southern coast of Florida, it is no surprise that foreign visitors are led by those from the United States, followed by Canadians and Europeans. Here are just some of the lifestyle and financial advantages of owning a vacation home in the Bahamas: Stunning scenery and weather The Bahamas is famous for its stunning scenery and warm, sunny weather. With temperatures averaging in the mid-80s Fahrenheit in the warmest months, it's the perfect place for vacationers and snowbirds to escape cold winters and rainy days. Owning a vacation home in the Bahamas means access to some of the world's most beautiful beaches, coral reefs, and clear blue waters. So whether you're into water sports like snorkeling, scuba diving, or fishing or simply want to relax on the beach, the Bahamas has something for everyone. Rental income Owning a vacation home in the Bahamas can be a great investment opportunity, especially if you plan to rent it out when you're not using it. As we have highlighted, with around 7 million visitors yearly, there is a high demand for vacation rentals, and you could earn a significant amount of rental income. By investing in a vacation home in the Bahamas, a homeowner can quickly turn their investment into a lucrative rental property. Rental income can provide owners with a steady profit and cover the costs of maintaining the property. Others make a business of vacation property rentals. Tax advantages Owning a vacation home in the Bahamas offers tax benefits. The Bahamas has no income, capital gains, or inheritance tax, making it an attractive location for foreign investors. Lifestyle benefits Owning a vacation home in the Bahamas also comes with various lifestyle benefits. For starters, you'll have a permanent place to escape whenever you need a break from the stresses of daily life. You'll also be able to immerse yourself in a new culture, meet new people, and try new things. So whether you're interested in exploring local cuisine, learning about Bahamian history and culture, taking a boat trip to a nearby Island, or simply relaxing on the beach, owning a vacation home in the Bahamas can open up a world of new experiences. Appreciation Potential Real estate in the Bahamas has historically appreciated over time (especially investment properties with consistent returns), making it a potentially lucrative investment opportunity. In addition, as the demand for vacation homes and rental properties continues to increase, property values in the Bahamas will likely rise; this means that if you choose to sell your vacation home in the future, you could earn a return on your investment. For expert advice on buying or selling your Bahamian home, talk to the Jupp Team. Jupp Team specializes in high-end investment real estate with income potential. With a professional background in vacation rental management, Lou Jupp has developed a deep knowledge of all aspects of buying, owning, and operating a vacation home and understands how to market these properties to achieve a maximum return on the investment." Security The Bahamas is known for being a safe and secure destination. The government has made a concerted effort to improve public safety in recent years. Some vacation home communities in the Bahamas offer gated entrances, 24-hour security, and other measures to ensure the safety and privacy of their residents. Access to world-class amenities Owning a vacation home in the Bahamas also means access to a wide range of world-class amenities. Whether you're interested in golf, tennis, spa treatments, fine dining, or shopping, you'll find it all in the Bahamas. Some vacation home communities in the Bahamas offer exclusive amenities, such as private beaches, swimming pools, and fitness centers. Additionally, the country is home to numerous luxury resorts, casinos, and entertainment venues, so there's never a shortage of things to do. Family memories Many people buy a vacation home in the Bahamas to create family memories of dream holidays that will last for generations - having a second home provides an opportunity to enjoy that quality time with family and friends in a relaxed environment, away from the pressures of everyday life. With a vacation home in the Bahamas, it is easy to schedule quality time with family and friends, and the country's natural beauty is the perfect setting for a memorable vacation. Sense of community Owning a vacation home in the Bahamas also provides a sense of community for the homeowner. Bahamians are warm, friendly, and hospitable, and owning a vacation home lets you build lasting relationships with locals. The sense of community among homeowners in the Bahamas can be a rewarding and life-changing experience, providing a strong sense of belonging. Convenience and comfort A vacation home provides the ultimate convenience, allowing owners to take affordable holidays whenever they like. It also provides storage space for vacation essentials, so you don't need to pack and unpack constantly; this makes vacationing much more hassle-free and enjoyable. In addition, a familiar vacation home promotes comfort and helps owners quickly relax in their unique retreat, where you can create new traditions. Whether you are looking for a second home in the Bahamas for lifestyle or business purposes, the Jupp Team at Engel & Völkers Bahamas can help you find the ideal property. Phone Advisors Alex and Lou Jupp today at +1 242-803-8419 or email: [email protected]

With its sensational scenery, beautiful beaches, wonderful weather, and luxury real estate, the Bahamas is a top target for families looking to buy prime property. The Bahamas has a wide range of sought-after communities, each with unique charms, and families can find the perfect place for their dream home with help from the experienced Jupp Team, real estate advisors at Engel & Völkers Bahamas. From safety to access to schools, parks, and community amenities, these neighborhoods provide an ideal setting for families seeking a fulfilling lifestyle. Whether you're looking for a tranquil waterfront community or a vibrant hub of activity, the Bahamas has something for everyone. So, which are the best family-friendly neighborhoods, considering location, amenities, safety, education, and overall livability? Trusted Engel & Völkers Bahamas advisors, Alex and Lou Jupp, have selected five fantastic family neighborhoods in popular New Providence, the most popular island in the Bahamas and home to more than 70% of the Bahamian population. Lyford Cay Located on the western tip of New Providence Island, Lyford Cay is a premier neighborhood renowned for its exclusivity and luxurious lifestyle. The exclusive 1,000-acre gated community with around 450 homes offers families a safe and peaceful environment. Lyford Cay provides an array of world-class amenities, including a three-quarter mile white-sand private beach, an 18-hole Rees Jones-designed golf course, tennis courts, and a magnificent marina and yacht club. In the heart of the community are the Lyford Cay Club, a 50-room hotel and rental cottages and recreation options, including fine dining, an elegant clubhouse, swimming pools, spa services, and water sports. The neighborhood is also home to the Lyford Cay International School, an esteemed educational institution offering high-quality education from earliest years to grade 12. The community also has a nearby hospital. Lyford Cay Hospitalis an outpatient facility with cardiology, internal medicine, and family practice specialists. Cable Beach This world-class, family-friendly beach is also a wonderful place to live. Tourism dates back to the 1940s on this two-and-a-half mile of pristine sand and crystal-clear waters and its convenient location, just 15 minutes or so by car to all the amenities and attractions of the capital and around seven minutes to the international Tambearly School, this increases its appeal. It is just a few minutes drive to the amazing amenities at the 1,000-acre Baha Mar resort – including its wonderful 15-acre beachfront Baha Bay water park, which offers state-of-the-art attractions including The Surf, with its Flow Curl™ wave simulator, the thrilling up-and-down Dueling Riptide Coaster, snaking Stingray Cove waterslides or the relaxing River and Turtle Bay on Kids Island for younger family members. Golf lovers will appreciate the Jack Nicklaus Signature Royal Blue course, voted number one in the Bahamas in 2022 by Golfweek. Whatever your favorite dining option, with more than 40 restaurants, there will surely be something for the whole family. Although there are many condo developments at Cable Beach, you can still find luxurious beachfront villas and building lots for your dream Bahamas family home. The Doctors Hospital West primary care facility is 10 minutes away, and Lyford Cay Hospital is 20 minutes away. Old Fort Bay Historic Old Fort Bay to the west of New Providence is a picturesque and family-friendly community known for its elegant residences, beautiful beach, secure environment, and lush landscapes. The fort, built in the late 1700s, is now a members' club at the heart of the luxury, private gated community. Old Fort Bay lies next to Lyford Cay and features a system of canals, which boating families will love. Historic homes and sought-after real estate include Colonial-style estate properties, villas and waterfront houses, and spacious single-family dwellings. As well as a private beach club, the community has 24-hour security, an exclusive restaurant, a fitness center, tropical landscaping, and more. It is less than 10 minutes away from Lyford Cay Hospital, and around 10 minutes away by car is Windsor School, a co-educational boarding and day school for students from pre-reception to grade 12. The lower student school is in Old Fort, while the middle and upper student school is in Albany. In 2021, it launched a million-dollar search for 10 Bahamian students to receive scholarships. Sandyport Located on the western side of New Providence Island, Sandyport offers a relaxed and family-oriented atmosphere. The master-planned 144-acre neighborhood features a captivating canal system, allowing residents to navigate with their boats and enjoy waterfront living. This is a feature of its exclusive properties, as most of Sandyport's 500+ properties boast canal frontage. Sandyport features a range of amenities, including a private lagoon beach, seven swimming pools, half a dozen tennis courts, three playgrounds, and nearby dining options. Families can take advantage of the nearby Tambearly School. Its charming architecture, community events, and welcoming residents are complemented by a lively commercial center with restaurants, banks, a gym, medical clinics, and shops. Tambearly International School, an independent preparatory school for students ranging from Pre-K and Montessori to 12th Grade, is based at Sandyport. Lyford Cay Hospital is around 15 minutes by car. Albany Situated on the southwestern coast of New Providence Island, Albany is a prestigious and luxurious neighborhood designed with families in mind. The community encompasses a vast area and offers an array of amenities, including a championship golf course, equestrian center, tennis courts, a spa, multiple restaurants, kid's waterpark, adult lounge pools, a private marina and much more. Families can enjoy exclusive access to pristine beaches, water activities, and recreational facilities. Albany is also home to an exceptional international school - the high school department of Windsor Schoolis based in Albany. The prep school is in the Old Fort area. The neighborhood's emphasis on privacy, security, and upscale living makes it a sought-after destination for high-net-worth families. Lyford Cay Hospital is less than 10 minutes. The Bahamas offers a choice of desirable neighborhoods that provide an ideal environment for families. Whether you desire exclusivity, a lively atmosphere, or a relaxed waterfront lifestyle, the top communities of Lyford Cay, Cable Beach, Old Fort Bay, Sandyport, and Albany offer exceptional options. Families can find a perfect balance between safety, education, amenities, and natural beauty, ensuring an enjoyable experience in the Bahamas. For more details about property options, talk to Jupp Team, at Engel & Völkers Bahamas, at (+1) 242-803-8419.

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:   Starfish Isle 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.   The Anchorage 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 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

Why Invest in The Bahamas? Key Benefits Investing in real estate in The Bahamas provides a wide array of advantages for both vacation homeowners and investors: High Rental Yields: The Bahamas boasts one of the highest rental yields in the Caribbean, averaging 8.16% (Global Property Guide, 2021), making it an attractive option for those seeking strong income from vacation rentals. Tax-Friendly Environment: The Bahamas has no inheritance, capital gains, income, or corporate taxes. This tax-friendly structure offers substantial financial advantages for investors and residents alike. Stable and Growing Economy: With a resilient and stable economy, property values in The Bahamas tend to be well-supported, providing additional confidence for investors. Year-Round Ideal Climate: Enjoy sunny, warm weather throughout the year, making The Bahamas a prime destination for both living and vacationing. Permanent Residency by Investment: For individuals purchasing property valued at $1.5 million or more, The Bahamas offers the opportunity to apply for permanent residency, granting long-term residency privileges with potential tax benefits. Easy Accessibility: The Bahamas is well-connected by direct flights from major U.S. and Canadian cities, making travel seamless for homeowners and renters. Direct Flights to The Bahamas Here’s a list of cities offering direct flights to The Bahamas, making it easy for visitors to reach the islands: Country City United States Miami, FL   Fort Lauderdale, FL   Orlando, FL   Tampa, FL   Atlanta, GA   Charlotte, NC   New York, NY (JFK)   Newark, NJ   Washington, D.C.   Boston, MA   Philadelphia, PA   Dallas/Fort Worth, TX   Houston, TX   Chicago, IL   Baltimore, MD Canada Toronto   Montreal   Calgary These frequent connections make it convenient for homeowners and guests to reach The Bahamas, adding value to property investments through accessibility and rental potential. The Real Estate Transaction Process The Bahamas has a well-defined process for purchasing real estate that ensures security and transparency for both buyers and sellers: Legal Representation: Both buyer and seller must engage an attorney. Bahamian law holds attorneys responsible for the integrity of the transaction, ensuring professional oversight. Offer & Letter of Intent: A Letter of Intent is drafted by the real estate advisor once the buyer decides to make an offer, detailing conditions of the offer. Contract Drafting: Upon acceptance of the offer, the seller’s attorney prepares the formal contract. Title Search: The seller’s attorney performs a title search to confirm ownership and reveal any issues. Title insurance is optional, even for financed properties, though it can offer extra peace of mind. Timeline: From offer acceptance to closing, the process typically takes 60 to 90 days. Cost of Buying Property in The Bahamas It’s essential to understand the costs involved in acquiring property: Legal Fees: Legal fees are approximately 2.5% of the purchase price, plus a 10% VAT. For transactions over $1 million, these fees may be negotiable. Real Estate Commission: Paid by the seller, the commission rate is 6% for developed properties and 10% for undeveloped land, with an added 10% VAT. Government VAT: VAT on property sales varies from 2.5% to 10% depending on the purchase price, split equally between buyer and seller. Investing in The Bahamas offers a unique blend of economic and lifestyle benefits. With its attractive tax structure, high rental yields, opportunity for permanent residency through investment, and robust transaction process, buyers can enjoy both a sound investment and the stunning beauty of island living.

As a real estate advisors, it's important to provide clear and concise information to clients regarding mortgage options for international properties. Here's a summary of the new terms and conditions of the CIBC International Mortgages: Mortgage Loan-to-Value Ratios by Residency and Occupancy Status: Non-Resident/Non-National: Non-Owner Occupied: Up to 70% for purchase, 50% for construction. Non-Resident/National: Non-Owner Occupied: Up to 80% for purchase, 70% for construction. Temporary Resident: Owner Occupied: Up to 90% for purchase and construction. Non-Owner Occupied: Up to 80% for purchase, 60% for construction. Permanent Resident: Owner Occupied: Up to 95% for purchase and construction. Non-Owner Occupied: Up to 80% for purchase, 60% for construction. International Mortgages Basic Terms: Payments can be amortized up to 20 years. Offers competitive variable interest rates tied to the 90 Day USD SOFR or USD Prime. Fixed-rate options are available upon request for a maximum of 5 years. Terms may vary based on the customer profile and the specific island. Basic Requirements for International Mortgages: Completion of account opening and mortgage applications. Identification and address confirmation documents. Bank statements for the last 6–12 months and tax returns for the last three years. A bank reference and a job letter confirming employment details. A net worth statement and a credit bureau report. A copy of the signed sales agreement and an appraisal report. These are general guidelines, and unique circumstances may affect individual applications. For personalized assistance, clients can contact Sean Blyden, Senior Relationship Manager Sales and Platinum Banking, or Minerva Cartwright, Associate, Platinum Banking, at [email protected]

Are you on the lookout for a luxurious oceanfront villa that offers both a serene living experience and a lucrative investment opportunity? Look no further than Caprice West Bay Street #2, located in the beautiful New Providence/Paradise Island. Priced at $1,400,000, this stunning 3-bedroom, 3.5-bathroom property is a dream come true for discerning buyers and investors alike.One of the standout features of this villa is its exclusive privacy, secured by a private gate. A brand new roof and new central air conditioning units, ensure not only your utmost comfort but also long-term durability. From the living space to the bedrooms, you'll be captivated by the breathtaking  ocean views. Imagine waking up every morning to the tranquil sounds of the waves and sipping your coffee while embracing the beauty of nature. The villa's expansive outdoor area serves as a promising canvas for both social gatherings and leisure activities. Additionally, there is the potential to reinstate a previously filled pool area, further enhancing this outdoor paradise.Parking will never be a concern, as convenient onsite parking is included with the property. Furthermore, Caprice West Bay Street #2 is being sold fully furnished, making it ready for immediate occupancy. The hassle of furnishing and decorating is eliminated, allowing you to settle in and start enjoying your new oceanfront home right away.Aside from its remarkable features, this property holds substantial vacation rental and long-term rental potential. With its desirable location and luxurious amenities, Caprice West Bay Street #2 presents a lucrative investment opportunity. Whether you choose to rent it out for vacationers or long-term tenants, this oceanfront villa is perfectly positioned to generate a steady income stream.Discover the pinnacle of oceanfront living at Caprice West Bay Street #2. Immerse yourself in the comfort, beauty, and tranquility that this remarkable residence offers. Don't miss out on this rare opportunity to own a slice of paradise and make a sound investment for your future. Contact us today to schedule a private tour.