Blog :: 2021

10 Best Beaches in The Bahamas

Tropic of Cancer beach, Exuma

Also called Pelican Beach, Tropic of Cancer Beach is the longest beach in the Exuma Chain. Located on little Exuma, some describe this beach as the most beautiful beach that they have ever seen with its super blue waters and calm surroundings.

Beaches of Stocking Island, off the port of Exuma

Stocking Island, located off Great Exuma, is known for its picturesque scenery. This island not only draws in visitors because of its crystal clear beauty but the friendly stingrays there will keep anyone coming back.

Big Major Cay (Pig Beach), Exuma

Most beaches are popular for their beauty but Big Major Cay, also known as “Pig Beach,” is famous for its swimming pigs. Yes, you read that right! The pigs on the island offer an amazing experience for visitors, allowing you to pet them, feed them, and even swim with them.

Cape Santa Maria Beach, Long Island

Just one visit to Cape Santa Maria Beach and you will never want to leave. This highly rated beach is known by many as the most beautiful beach on Long Island, mainly because of its clear blue waters.

Great Guana Cay, Abaco

If you are looking for a beach with miles of white sand, along with peace and tranquility, Great Guana Cay beach is perfect for you. It is great for running, snorkeling, and collecting shells.

Kamalame Cay Beach, Andros

You may know of Kamalame Cay Beach through celebrities and social media influencers, but it is even more, stunning in person! Located on a private island, Kamalame Cay Beach offers an off-the-grid experience with raw beauty, unlike many other beaches.

Pink Sands Beach, Harbour Island

The name is pretty much self-explanatory for this beach. Pink Sands Beach boasts miles of pink sand and this is really what sets it apart from other beaches. This beach is popular among vacationers from near and far looking to experience a beach like no other.

Fernandez Bay, Cat island

Located in New Bight, Cat Island, this wonderful beach offers amazing views and great restaurants and while there you may even find sand dollars in the sand to start your collection.

Lighthouse Beach, Eleuthera

The road to get to this beach may be pretty rocky but Lighthouse Beach is worth the journey. Once you arrive to this beach, you will feel a sense of calmness while watching the waves go back and forth on the shoreline.

Cabbage Beach, Paradise Island

Cabbage Beach is very popular among visitors and locals to Paradise Island. The waters can be rough at times but that does not take away from the astonishing beauty of its turquoise waters. You can find locals at this beach taking advantage of their jet skis from time to time.

The State of the Luxury Real Estate Market – Just Released Report

The Residential Luxury Market is poised to have a banner year as demand fuels growth at the top.

State of Luxury Real Estate Report from Luxury Portfolio International | Bahamas Realty

Luxury Portfolio International®  (LPI) has released a comprehensive, first-of-its-kind report, which delves into affluent consumer attitudes and trends across the globe.

The State of Luxury Real Estate Report revealed that of the 30 million+ households represented, more than 15.5 million will be in the market for residential real estate over the next three years.  However, the report also revealed that demand for purchase far exceeds the number of sellers in the luxury market, making it a clear seller's market. 

According to Mickey Alam Khan, president of Luxury Portfolio International®, this is a trend that will likely continue through 2021. "The ultra-luxury buyer perspective is that the current climate is getting stronger. In many markets, we see home values going up, and there is more interest in prime property,” he said.

The report details:

•             Affluent consumer attitude and behavior trends for 2021

•             Traditional Real Estate Companies vs. Disruptors

•             5 pillars in the Luxury Buyer Mindset

•             Luxury Real Estate Market Update

•             Luxury Buyer trends in Asia Pacific, North America and Europe

 

View the full report at https://resources.luxuryportfolio.com/whitepaper/  

 

More: State of the Luxury Market: The Caribbean

Bahamas Realty Director, Andrea Brownrigg was recently featured in an exclusive podcast from Luxury Portfolio International for members around the globe with an update on what's happening in high-end island markets and how COVID-19 has affected the demand for luxury properties. Click here to learn more.

 

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How Pets Can Help Sell (or Rent) Your Home

 

At Bahamas Realty, we know that pets are a part of the family. After all, most of us are pet owners too.

But how much do pets factor into the decision when buying a home? It turns out, quite a lot.

Dog on beach themed pillow

How Much Pets Matter When Buying a Home

According to a recent survey by Realtor.com:
 

  • Over 80% of buyers were pet owners;
  • 95% consider the needs of their pets when selecting the right home to buy; and,
  • nearly 70% would pass on their dream home if it didn’t accommodate the needs of their furry family members.

Back in the day, pets were considered a major hurdle to the home-selling process. But with more animal lovers buying than ever before, Sellers should embrace family pets and showcase the things that make your home purr-fect for the whole family. You'll have more potential buyers knocking at your door. Click here for tips for selling your pet friendly home.

 


Fun Fact: One in four people buy Valentine’s Day gifts for their pets.


Pet-Friendly Rental Properties Can Make More Money

 

Given how many people now count a pet as a member of their family, it's no surprise that pet-friendly rental properties fill vacancies faster and keep great tenants! If you are a landlord, consider making your home a pet-friendly property. The pool of rental properties that allow pets is much smaller so rentals that accommodate our furry family members are in greater demand, and rent for a higher price.

While there are risks to renting to pet owners, if you take a few precautions, such as including the right wording in the lease, the returns can be great. Here are some tips to make your rental property pet-friendly while protecting your investment.

 

Looking to buy, sell or rent a pet-friendly property? Contact a Bahamas Realty agent today.

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State of the Luxury Market: The Caribbean

State of the Luxury Market: The Caribbean
LPI Connected Conversations

Bahamas Realty Director, Andrea Brownrigg was recently featured in an exclusive podcast from Luxury Portfolio International for members around the globe with an update on what's happening in high-end island markets. The conversation covered how COVID-19 has affected the demand for resort properties, the kind of properties and amenities that buyers are looking for right now, and how real estate business is being conducted in these second-home markets.

Key takeaways:

  • For luxury buyers, the pandemic has created an increase in demand for large, private estate properties with access to an outdoor lifestyle that's safe for the family.
  • The demographics of buyers hasn't changed, despite the challenges in travel.
  • Virtual tours and online life has changed how business is done, including how property transactions take place. Buyers are now purchasing property that they have "toured" without ever setting foot inside.

Andrea was joined by our LPI affiliate, Bernadette Hunt, of Turks & Caicos Property., and Anne Colvin, Director of Member Services for LPI.

Catch the whole conversation on Vimeo, Spotify or Apple Podcasts: LPI Connected Conversations.
 

                

 

MORE: Luxury Portfolio International recently released a first-of-its-kind report on the State of Luxury Real Estate globally. Read more here.

This is The Month Your New Year's Resolutions Fail (And How to Save Them)

Did your New Year’s resolution go out the window already? You’re not alone. By about the beginning of February, approximately 80% of people fail at their New Year’s resolutions.

Amazingly, while most people begin the year with a resolution, the majority expect to fail before they even start. That’s not a very positive way to start the year, but we’ve got a better plan.

Whether you are determined to learn something new, improve your health, or increase your business success, the key is NOT to set a resolution but to set a SMART goal.

 

According to research shared by Forbes, there are two reasons we typically fail at our resolutions:

  1. We weren’t very committed anyway (see: expect to fail)

  2. “Because we felt some pressure to create this goal, we likely haven’t fully thought through all the people that will benefit from our achievement.”

At Bahamas Realty, our team is changing how we look at goal setting, and instead of setting unrealistic, and empty-ended resolutions, we’re setting SMART goals.

To make sure your goals are attainable, they should be based on a reachable target, and motivation based.
 

What Does SMART Mean?

SMART is a formula that you use to guide your goal setting. SMART is an acronym that stands for the following terms:

Specific (simple, sensible, significant).

Measurable (meaningful, motivating).

Achievable (agreed, attainable).

Relevant (reasonable, realistic and resourced, results-based).

Time bound (time-based, time-limited, time/cost limited, timely, time-sensitive).


Why does it work?

Using SMART goals “sets boundaries and defines the steps you’ll need to take, resources necessary to get there and milestones that indicate progress along the way.” (Indeed.com) With SMART goals, you aren’t just setting a vague, unattainable goal, you’re creating the roadmap to get there.

 

Example 1:

Resolution: Lose weight!

If you, like many people, set a resolution to get healthier this year, BIN IT. Instead, be specific: Plan to join an outdoor exercise class and give yourself a deadline - that is an attainable plan, with a sense of direction that you can accomplish.

 

Example 2:

Resolution: Save money!

Think about your WHY. Perhaps you want to save money so that you can buy a new home. Using the SMART formula, you can make it achievable:
"I will save a specific amount of money each week to buy a home with a downpayment of 10% by 2022."
(Tip: Don't forget R - be Realistic about your circumstance, and adjust if necessary).

SMART goals can be applied to all aspects of your life, from your business to your personal life.

 

To better understand each step, check out this excellent breakdown (with examples!) from Indeed

And then say good riddance to guilt-ridden New Year’s resolutions.

 

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Caves Corporate Center Now Fully Leased by NAI Bahamas Realty Commercial

 

NAI Bahamas Realty Commercial, a leading full-service independent commercial real estate firm, announced today that the Cave’s Corporate Center West is now 100% leased. The NAI Bahamas Realty Commercial exclusive listing is a newly constructed Class A office building located on West Bay Street and Blake Road. 

Caves Corporate Center - Newly built corporate office building in Nassau with afternoon sun

 

The Caves Corporate Center West has been highly sought after since its ground breaking in 2019,” said NAI Bahamas Realty Commercial’s CEO, Donald Martinborough. “We are thrilled to see the project near completion and to have represented the developers, Mosko United Construction Company, in the successful negotiation of the lease of the final remaining spaces.” 
 

The Caves Corporate Center West is comprised of 25,000 square feet of Class A, Build-to-Suit office space. The three-story Class Abuilding is designed to offer spectacular ocean views and is ideally situated within minutes to the international airport and the Bahamar Resort. 
 

NAI Bahamas Realty Commercial previously announced the lease of 18,000 sq. ft. of the building to anchor tenant, Ernst & Young. The remaining 7,000 sq ft. will be occupied by Trident Trust Group, also represented by NAI Bahamas Realty Commercial, and Banco Santander Intl. 
 

NAI Bahamas Realty Commercial specializes in the sale, lease, and management of Build-to-Suit properties. These buildings represent the newest and highest quality buildings in the Bahamas commercial market. They are well located, feature top of the line construction, and possess high-quality building infrastructure. As a result of this, they attract the highest quality tenants. 
 

“We’re seeing a greater demand in this type of commercial development as it becomes the industry standard in international markets,” said Martinborough. “Looking ahead, we anticipate the demand for professionally managed properties with Build-to-Suit options increasing, as tenants are attracted to spaces designed and tailored specifically to their needs.”

 

About NAI Bahamas Realty Commercial.

 

NAI Bahamas Realty Commercial, an exclusive member of NAI Global, is a corporate real estate services company dedicated to offering the finest commercial real estate and property management services in The Bahamas. It is the commercial division of Bahamas Realty Limited, a full-service real estate company established in 1949 offering a full range of services for both residential and commercial properties.

To learn more about our Commercial Real Estate Services Click Here