Global Market Insight | The Bahamas

This island nation located in the Atlantic is made up of more than 3,000 islands, cays, and islets. Its beaches’ pristine, powder-fine sands and turquoise waters make it a particular favorite of global buyers and vacationers alike. Celebrities have a particular attraction to the area with Eddie Murphy, Beyoncé, Jay Z, Mariah Carey, and Oprah Winfrey all realizing their property dreams in the Bahamas. Singer Lenny Kravitz even owns a recording studio alongside his home on Eleuthera.

New Providence – Nassau

New Providence is the most populous island in The Bahamas. It is also home to Nassau, the capital. Nassau is the center of Bahamian culture and a melting pot of modern amenities and old, authentic island style. It affords both the advantages of urban life and the beauty associated with island life.

Paradise Island

Paradise Island is famous for its resort history, including popular establishments like Atlantis Resort and Four Seasons Ocean Club. The island offers a wide variety of condominiums, several marinas, a golf course, and the exclusive Ocean Club Estates community. Boasting one of the most beautiful half-moon crescent beaches and the Atlantis waterparks, Paradise Island is one of the most sought-after islands with international buyers.

Governor’s Harbour

Governor’s Harbour is the main town in the heart of Eleuthera, named after its peaceful harbor setting. A central meeting place for dining, shopping, and excursions, it boasts both original colonial houses and beautiful beachfront estates.

Elbow Cay

Elbow Cay, an eight-mile-long island part of the Abaco Islands. Originally populated by British loyalists fleeing the newly independent United States of America in 1785, it then survived on fishing, boat building, and salvage. Now, the main settlement of Hope Town surrounds a protected harbour. The island is one of the few car-free zones in The Bahamas.

Resilient development of the market

Property prices for real estate in the Bahamas continue to rise and are currently around 15% higher than in 2021. Rising interest rates on mortgage loans have yet to impact property prices.

With my support during this process, you will not have to worry about any of the points above! In addition to not wasting time visiting properties that do not align with your expectations, you will always have the appropriate advice, which will make the visiting process smoother, focused and efficient.

Sunny Mehta

Global Real Estate Advisor

321.395.9809 sunny.mehta@evrealestate.com www.sunnymehta.evrealestate.com

Caribbean - Bahamas

New Providence, Paradise Island

Royall Beach –

Ocean Front

Price: $769,000 Bedrooms: 2 Bathrooms: 32 Sq. Ft.: 1,465

Sunny Mehta

Global Real Estate Advisor

321.395.9809 sunny.mehta@evrealestate.com www.sunnymehta.evrealestate.com

Property Type: Condo/Townhouse

Nestled in a peaceful corner of New Providence, Royall Beach Estates is a small beachfront enclave, near Albany Resort. This welcoming, two-bedroom condo has an open plan living-dining room and upgraded kitchen. French doors open to a covered terrace which provides a peaceful spot to enjoy incredible ocean views and spectacular winter sunsets Residents have the benefit of an infinity pool and sandy beach The gated community is tropically landscaped and beautifully maintained with two full-time groundskeepers, a dedicated property manager and night/weekend security. Purchase of this condo would qualify the buyer to apply for permanent residency.