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Receives Weekly Updates on every new home and condo listing in Thew Bahamas. All New Listings every week. |
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The islands of The Bahamas have been hailed the world over for their incredible beauty and tranquil serenity. For most people they represent an ideal vacation destination, but for others they represent an ideal location for a second home. More... |
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The Government of The Bahamas has incentive programs directed at developing the islands and its local industries. In addition, it has trade agreements in place with the United States, Canada and Europe that entitle imports produced locally to enter these countries duty free. More...
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| BAHAMAS REAL ESTATE NEWS |
| September 19, 2008 |
Rum Cay Resort marina stalled (Rum Cay)
Work on the much-touted $700 million Rum Cay Resort Marina supposedly being developed by Montana Holdings on remote Rum Cay in the southern Bahamas has stalled completely, leaving a gaping hole in the island’s economy, and leading to migration away from home once again for many who had returned in anticipation of work. |
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| September 11, 2008 |
Grand Bahama residents weigh on economy (Grand Bahama / Freeport)
Grand Bahama residents have for months been complaining about the rising cost of living, including exorbitant food and gas prices and high utility bills.While the economy continues to lag, residents appear hopeful that proposed capital investments like Ross University in 2009 and the reopening of the Royal Oasis Hotel will come to fruition. |
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| February 6th, 2008 |
Leeward Yacht Club captures the charm of the past (Abaco)
A new residential enclave which celebrates the charm of the past is taking shape on historic Green Turtle Cay, Abaco.
The developer, Douglas Poland of Canada, has defied the condo craze that's swept the popular islands in favour of a greener, more neighbourhood friendly community called Leeward Yacht Club. |
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| February 4, 2008 |
Baha Mar 'on cusp' of $110m-plus work (New Providence/Nassau)
Baha Mar is "on the cusp of execution" for the three main projects that will kick-start its $2.6 billion Cable Beach development, with infrastructure costs estimated to be between $95-$100 million, and total direct construction costs for the Commercial Village pegged at $1.5 million. |
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| February 4, 2008 |
$4.9 billion Gin Sur Mer project is gathering Momentum (Grand Bahama/Freeport)
The $4.9 billion Gin Sur Mer project at West End is gaining "momentum" and has recorded its highest ever sales in January despite the downturn in the US and UK real estate markets, according to investor Bobby Ginn."We took about 28 contracts on lots and that is the highest month in sales since we started the project (here), and February looks equally as good," he said on Thursday at West End. |
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| February 1, 2008 |
$20m deal for key resort destination (Abaco)
Newly-independent MP Kenyatta Gibson is the attorney for an investor group seeking to acquire an Abaco island, which has been long-renowned as the first boating stop in the Bahamas for the Florida yachting set, in a deal thought to be worth $20 million. |
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| February 1, 2008 |
Govt signs deal with Baha Mar for Cable Beach investment project (New Providence/Nassau)
Government has signed a supplemental Heads of Agreement with Baha Mar, and its joint venture partner Harrah's, for the $2.6 billion investment project on Cable Beach. This comes some 33 months after the initial agreement was signed for the project during the Christie administration. |
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| January 30, 2008 |
Albany's fate in its own hands (New Providence/Nassau)
The start date and construction schedule for the $1.4 billion Albany Golf & Beach Resort "is entirely in the hands" of the developers, who are working to "finalise one last document" with the Government at a meeting set for today. Dr Earl Deveaux, Minister Of Works and Ttransport, said Albany had obtained all the necessary approvals from his ministry for Phase I of their project, and did not need to "negotiate any further deal with the Government". |
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| January 29 2009 |
Elbow Cay locals claim land bought without consultation (Abaco)
Islanders are irate that an American developer — who has a second home on the island that he turned into a rental property — has bought 14 acres consisting of 58 parcels of land in Hope Town while in talks to acquire another 17 acres which houses the Elbow Cay Club. |
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Bahamas MLS Listings |
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