The Bahamas: Live in luxury under a winter sun
As Britain experiences an icy start to winter, many HNWIs look beyond Europe in search of the ultimate second home, winter sun location.
The Bahamas is known across the globe for being one of the most stunningly beautiful countries in the world, so it is easy to see why it has become a hotspot for property investment.
Real estate prices in The Bahamas have been on the rise in recent years, thanks to a growing economy and increased demand from foreign buyers – with a big surge attributed to the pandemic as remote working becomes the new way of working. The country’s unique location and picturesque landscape make it an attractive destination for vacation homes and luxury properties.
This 9-bedroom, 11-bathroom home in Ocean Club Estates is on the market through Damianos Sotheby’s International Realty which boasts a private beach and dock. The home also comes with a Range Rover Vogue, a Porsche Panamera, a golf cart and two jet skis. On the market for $28,888,000.
Damianos Sotheby’s International Realty, one of the largest brokerages in the country, have reported a significant increase in buyers from US, Canada and UK – with the pandemic being cited as a major driver. The company recently celebrated the surpassing of $1 billion in sales in 2022 – making them the first and only real estate company in The Bahamas to accomplish this milestone.
The Bahamas boasts a low-tax financial environment, a stable democracy and unparalleled ease of access, setting it apart from other popular investment locations. The property market in The Bahamas is also incredibly diverse - from condominiums, beachfront villas, canal-side mansions to private islands – catering for every lifestyle.
Some of the most popular areas for high net worth individuals include the world-renowned Ocean Club Estates, a luxury, gated golf community where residents can enjoy 24-hour security, the option to join the famous Tom Weiskopf-designed golf course and Club House. Additionally, residents have the option to join the Ocean Club Marina and Yacht Club and enjoy all the benefits.
Above: This 15 bedroom, 15 bathroom home located in the private Crown Pigeon Island & Cays is also on the market through Damianos Sotheby’s International Realty. It offers several courtyards, gardens and deck spaces serving spectacular water views with a cooling sea breeze. On the market for $44,495,000.
For buyers seeking ultimate privacy and seclusion, many look towards a private island – arguably the most luxurious purchase one can ever make. Due to the limited number of islands for sale in any given region, they are more exclusive. Owning a private island would place you in an elite circle, following in the footsteps of actors Nicholas Cage and Johnny Depp who have both bought islands in the Bahamas. You can also experience 360-degree views on certain islands, which is impossible to achieve with mainland waterfront.
The Bahamas serves as the perfect winter sun retreat, with warm temperatures year-round, numerous golden beaches and turquoise waters. Its tropical archipelago comprises over 700 islands and cays and the country is home to the Andros Barrier Reef, one of the largest barrier reefs in the world.