Exuma Oceanfront Market Overview
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.
Read MoreLiving in Exuma, The Bahamas: A Paradise for Aspiring Homeowners
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.
Read MoreDiscover the Charm of Old Hoopers Bay: A Stunning Property in the Heart of Exuma
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.
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Villa Pink Coral Point offers the perfect blend of comfort and security, nestled in its secluded peninsular setting with beautifully landscaped surroundings that ensure absolute privacy. Designed with off-grid living in mind, the home is equipped to run independently, thanks to a 600-gallon water storage tank and a high-pressure Grundfos pump that guarantee a steady water supply. The system automatically refills from the local water source, ensuring it's always full, while routine maintenance checks keep everything running smoothly. In case of a power outage, the Generac 40 KVA propane generator kicks in seamlessly, powering the entire house, from appliances to the pool filter, four AC units, and lighting. This generator is meticulously maintained with quarterly professional servicing and regular cycling, keeping it always ready when needed. At Pink Coral Point, convenience becomes a way of life. Just steps from the villa, you'll find a breathtaking white-sand beach, enhanced by an outdoor hot-and-cold-water shower and a changing house that makes beach days effortless, with plenty of space for storing beach toys and equipment. On the opposite side of the home, a dock and full seaside walkway offer direct access to the sparkling sea, where paddleboards, boats, and jet skis await—creating a rare combination of both beach and sea access, seldom found in a Bahamian beachfront property. Every aspect of the home is thoughtfully designed for ease and safety. It boasts hurricane-rated windows capable of withstanding 150 MPH winds, and despite the tropical climate, the home has never suffered structural damage from storms or hurricanes. The interior is divided into four air conditioning zones, allowing for optimal temperature control and comfort throughout. Villa Pink Coral Point is as practical as it is beautiful. Each bedroom comes with its own ensuite bathroom, and the master suite is designed with separate his-and-hers baths for added luxury. In 2022, the living room was enhanced with a custom-built entertainment center featuring illuminated glass shelving and ample under-cabinet storage. That same year, the laundry room and four bathrooms were completely renovated, with new washers, dryers, tile floors, showers, cabinets, and countertops. The kitchen and an additional bathroom (located in the corner bedroom) received partial updates, including custom cabinetry, a new pantry, a refrigerator/freezer, and an ice maker. Adding to its charm, the villa is adorned with exquisite local Bahamian artwork, driftwood, and seashells. Two impressive sailing ship models and five original oil paintings by renowned Ohio artist Harry Reisinger grace the walls, displayed along the stairway and in the upstairs bedrooms. The office features a custom painting of the ship "Caroline," from Robert Wilder's novel *Wind from the Carolinas*, a captivating homage to the history of Great Exuma and the Bahamas. The kitchen is designed for entertaining and catering to large gatherings, equipped with two dishwashers, two refrigerators/freezers, and a spacious walk-in pantry to accommodate bulky items. The pantry cabinets are stocked with kitchen essentials, while the cookware, including Cutco steak and carving knives, is either brand new or in excellent condition. Full sets of dishware, glassware, cutting boards, and baking pans ensure you'll have everything needed for a gourmet meal, while the new outdoor propane grill, purchased in June 2024, is perfect for alfresco dining. The garage is more than just a place to store the car; it's a well-organized storage area for all outdoor equipment. Two spacious closets hold snorkel gear, fishing equipment, and beach toys, while beach chairs, household items, and interior paints are neatly stored. Long shelving units hold life vests of all sizes, and beneath the shelves sit two stand-up paddleboards, stored in their cases. The garage is climate-controlled with a ductless air conditioning unit, keeping the car in a cool, humidity-free environment when the home is not in use. To top it all off, Villa Pink Coral Point is being sold with a 2019 Honda Pilot Sport, a jet ski, a Twin Vee Boat, a Flats Fishing Boat, and a dinghy boat—offering everything you need for a life of luxury and adventure by the sea. Other upgrades include: Pool heater (Aqua Cal Inc.) – purchased November 2019 Pressure pump (Grundfos) – purchased January 2020 New outdoor shutter – purchased February 2021 Bunk beds (RH) – purchased September 2021 New AC unit for main bedroom (Rheem) – purchased November 2021 New AC unit for living room (Rheem) – purchased November 2022 Outdoor shower (Trexx) – purchased December 2021 Washer (GE) – purchased December 2021 Dryer (GE) – purchased December 2021 Living Room TV & sound bar (Samsung) – purchased February 2022 Top/bottom kitchen oven (Whirlpool) – purchased February 2022 Entertainment center (SMG Bahamas) – custom built April 2022 Kitchen cabinets (SMG Bahamas) – custom built cabinets, tiles, plumbing & fixtures. Completed April 2022 Guest bathrooms (SMG Bahamas) – custom built cabinets, tiles, plumbing & fixtures. Completed April 2022 Main bathrooms (SMG Bahamas) – custom built cabinets, tiles, plumbing & fixtures. Completed April 2022 Bedroom TVs (Philips) – purchased April 2022 New gutter system (metal K-style gutters) – purchased October 2022 New outdoor furniture (polywood) – purchased November 2022 600g water tank (600 – blank free standing water tank) – November 2022 New carpet (Stanton) – December 2022 Stairway carpet (Stanton) – December 2022 Double door refrigerator (GE) – December 2022 Under counter ice maker (Edge Star) – December 2023 New AC units for upstairs bedrooms (RUUD) – September 2023 Floating docks (EZ Dock) – January 2024 Swimming pool reseal and resurfaced (Unique Pools and Spas) – June 2024 Reroof entire house (Smiths superstar construction) – June 2024
Read More Our top 5 Family-friendly Communities in The Bahamas
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.
Read MoreDiscover the Ultimate Oceanfront Living at Caprice West Bay Street #2
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.
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