Blog :: 02-2021

10 Best Beaches in The Bahamas

Crystal clear water, soft white sand, and sunshine year-round.

The Bahamas is known for having the most beautiful beaches in the world, with the beauty of its turquoise water, visible even from space, being declared "surreal" by astronaut Chris Hadfield in 2013.

 

 

With so many stunning beaches to choose from, narrowing down the best is practically impossible, but we've rounded up 10 of our favourites from around The Bahamas. Make a visit to each one a part of your bucket list.

1. 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.

2. 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.

3. 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.

4. 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.

5. 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. Great Guana Cay is one of the most pristine and beautiful cays in the Bahamas. The famous Nipper's Beach Bar overlooks the beach and is popular with locals and visitors alike.

6. 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.

7. 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.

8. 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.

9. French Leave Beach (aka Club Med Beach), Eleuthera

French Leave Beach, aka Club Med Beach, is located on Bank's Road in Governor's Harbour. Its name is derived from the old Club Med Resort that was destroyed by Hurricane Floyd in 1999. It boasts some of the softest pink sand that stretches out over a mile, overlooking clear water perfect for beach combing, snorkeling, and swimming. Bring your sunscreen as there is very little shade at this sunny beach.

10. Cabbage Beach, Paradise Island

Last but far from least on our list of the top 10 beaches in The Bahamas is Cabbage Beach. Cabbage Beach is very popular among visitors and locals to Paradise Island. A short hop over the bridge from Nassau, and within walking distance of many of the major hotels, Cabbage Beach is one of the most jaw-dropping and popular beaches in the country. A few hotels back onto the beach, but it is accessible to the public. The waters can be rough at times in the winter months, but that does not take away from the astonishing beauty of its turquoise waters and powder-soft sand. You can even find locals at this beach taking advantage of their jet skis.

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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.

Here's What the NAI Global Real Estate Outlook Survey Reveals About the Recovery of CRE Globally

 

NAI Bahamas Realty Commercial today announced the release of the NAI Global Real Estate Market Outlook for 2021.


The report is the result of an internal survey of NAI Global brokers from over 30 U.S. states and a dozen international offices with responses between October 7 and October 29, 2020.

The clear takeaways from the recent NAI Global Real Estate Outlook survey, especially in the context of survey responses from six months earlier, is that NAI Global real estate professionals have largely adjusted to living and working during the pandemic. Whether it is called concern, deeply concerned or fear, we’ve seen what high unemployment looks like and feel less threatened by it. The Coronavirus is a terrible blow to our economy and way of life, yet the perception of its impacts—while still bad at 32%, is becoming more manageable. Or simply, we have grown accustomed to it.

Work from home (WFH) was a novel experiment in 2020, and we still don’t know how, exactly, companies will adjust business operations once we get to a relatively safe post-pandemic period. However, with the same level of response for concern – just 6%, it seems to suggest that WFH is not that big of a deal—at least for the real estate market. We’re not calling this “the new normal” yet because we are certainly not there, and probably will not be any time soon.


The survey also revealed what has been said before – that the recovery from the pandemic is taking shape at different speeds and is not at all consistent geographically. In other words, it is better in some markets and worse in others.

Click here to read the full report from NAI Global, or read on for the key takeaways.

 

Office Market Highlights

 

  • Over the next six months, 59% said the office market would be flat, 18% thought it would heat up yet 8% responded that office markets would cool. By comparison, the spring survey (published in summer), 9% said tenant demand would be hot, 25% said it would be cold and similarly regarding office market conditions overall, six months ago 15% of NAI office brokers thought the market would heat up while 13% projected the office market would cool down. In other words, by fall of this year and compared with six months earlier, the outlook for office market conditions was less pessimistic and was perceived to be more stabilized with potential for greater improvement next year.

 

  • Even if there is a whiff of optimism for the office market, recovery from the pandemic will take another 1-2 years, according to the majority, 53%, while 23% think the recovery will happen in the next 6-11 months and 16% reported it would take over three years. 4% projected the recovery is closer at hand, or 1-5 months away, while the same percentage – 4% said “it will never return to pre-pandemic levels.”

 

Industrial Market Highlights

 

  • As spring turned to summer and then fall, it became clear that the industrial real estate sector was the strongest among the property verticals. That perception was fully endorsed by NAI Global professionals in the October survey, with 78% of them stating the market for industrial real estate was hot. 20% of responders said it was flat in their respective markets while only 2% said it was cold.

 

  • A majority – 54%, said their industrial markets had already recovered since the onset of the pandemic, while 11% said recovery would require another 1-5 months, 23% thought recovery would take 6-11 months, 11% stated their markets would need 1-2 years to recover, and only 2% reported the recovery would need 3 years or more.

 

Retail Market Highlights

 

  • The prospects for changing a struggling retail real estate market are not great, with 46% of survey responders stating the sector would be cold over the next six months – yet that is an improvement from spring of this year when 61% thought retail real estate would be cold over the next six months. 14% said demand for retail real estate would get hotter in the next six months. 

 

  • Other than the hospitality sector, retail real estate is suffering the worst among the property verticals. 50% of the survey responders that are knowledgeable about retail real estate and retail in general said it would take 1-2 years for their markets to recover while 22% stated recovery would require three years or more, and 12% responded that retail “would never return to pre-pandemic levels.” Only 3% said their retail markets had already recovered or would in the next five months. While most agree that vacation and business travel will recover to pre-pandemic levels eventually – and help the hospitality sector, the retail industry is clearly in the midst of a transformation and it will take a few years for retail operators to change and adapt to how people shop, and adjust their real estate requirements accordingly.

 

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

Based in New York, NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.

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