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Paradise Island

Damianos Sotheby's International Realty, Sotheby's International Realty

Damianos Sotheby’s International Realty Reports Robust 2018 Residential Real Estate Market

Resort-Style Living. According to Damianos Sotheby’s International Realty, the demand for luxury resort-style properties such as those found on Kamalame Cay (above) saw a significant surge in 2018.

 

Nassau, The Bahamas (Jan. 21, 2019) — According to Damianos Sotheby’s International Realty, 2018 was another healthy year for luxury residential real estate sales with the company’s list price averaging $1.55 million and sales prices averaging $1.4 million.

“Overall, 2018 was a strong year for sales with a slight increase over the 2017 performance,” said Lana Rademaker, Chief Brokerage Officer for the company, noting that there has been a significant increase in demand for homes in the Family Islands. “Markets like Hope Town, Harbour Island, Kamalame Cay, Treasure Cay and Spanish Wells are ideal entry markets into The Bahamas. People come down for holidays and end up returning as buyers.”

Rademaker added that the uptick in visitors and buyers in both Nassau and the Family Island markets can be partially credited to the increased number of direct flights into these markets from the U.S. and Canada. Major carriers such as American Airlines, Air Canada, JetBlue and Delta offer daily flights to The Bahamas and recently announced direct flights from Chicago and Houston to Nassau will offer even more opportunities for easy access to The Bahamas.

“The enviable lifestyle of The Bahamas has always been a major attractor to buyers in addition to the fact that we’re an English-speaking country with a stable economy,” Rademaker said. “And now with even more direct flights to our islands, people are able to get here more conveniently and frequently, making our country a strong choice for those who want to own a vacation home just one flight away.”

Another factor is the growing demand for unique resort-style residential properties such as those found on Kamalame Cay, which is about a 20-minute flight from Nassau.

“We are constantly striving to stay ahead of market trends and seek out distinctive opportunities for our clients,” Rademaker said. “I am proud to announce that one of our top agents, Vanessa Ansell, participated in seven transactions on Kamalame Cay this past year, making it one of the most active periods in the history of the luxury resort. Through her strategic marketing and carefully cultivated relationships, Vanessa has positioned herself as the go-to real estate advisor for Kamalame Cay.”

To further accommodate and more fully service this ever-increasing market activity, Damianos Sotheby’s International Realty expanded their sales team with the addition of two new agents in 2018. In December, the company also opened a new office location on Harbour Island next to the popular Piggly Wiggly food store on King Street, the island’s main thoroughfare.

“Nurturing ongoing client relationships is our number one priority as a company,” Rademaker said. “The more visible we are in the markets we serve, and the more knowledgeable our agents are, the more value we can provide to people whether they are current, past or future clients.”

The company’s ongoing mission to continually seek out ways to better serve their clients was further augmented when the firm hosted a four-day NINJA Selling Conference for their entire company at the Grand Hyatt Convention Center at the Baha Mar Resort in October 2018.

“The conference was an incredible experience,” Rademaker said. “Our entire company gathered together for four days to focus on expanding our knowledge and skills as real estate professionals. Designed to help agents capitalize on their strengths, conquer their goals and transform their business, the content of the NINJA Selling Conference aligned perfectly with our company’s culture.”

New developments like BahaMar, GoldWynn, the Pointe and the soon-to-be redeveloped Hurricane Hole on Paradise Island are also providing exciting new opportunities for buyers in the country’s capital.

“The great thing about The Bahamas is that we’re constantly growing and progressing as a country,” Rademaker said. “There is always new and fresh inventory to explore, which makes it a very exciting market to live in, work in and invest in.”

About Damianos Sotheby’s International Realty

Damianos Sotheby’s International Realty has 10 offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Harbour Island, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay, Albany and Private Islands. Head office 75 Shirley Street, Nassau. For additional information, please contact 242-322-2305 or info @SIRbahamas.com.

 

About Sotheby’s International Realty

 The Sotheby’s International Realty network currently has approximately 22,000 affiliated independent sales associates located in over 970 offices in 72 countries and territories worldwide.  Each office is independently owned and operated.

January 17, 2019 by
Damianos Realty

Getting to Know The Bahamas Islands

Welcome to The Bahamas Islands. The Bahamas, or the Commonwealth of The Bahamas as its formally known, is an archipelago consisting of 700 islands and cays in the Atlantic Ocean. Some of the most well-known Bahamas islands are New Providence (Nassau and Paradise Island), Abaco, Andros, Exuma and Eleuthera.

Cerulean waters, tranquil breezes and some of the most pristine beaches in the world are characteristics many would use to describe the beautiful Bahamas islands. While these natural amenities are among the top reasons people cite for traveling or moving to The Bahamas, these are only a few of the wonders that you’ll find when island-hopping or when looking for the ideal location for buying a second home or investment property in The Bahamas. Below we’ve taken a moment to outline some of the larger Bahamas islands, and offer some of our personal tips on what makes each island so unique and special.

New Providence

Home to Nassau and Paradise Island, New Providence is probably the most well-known of the Bahamas islands and cays. As the island where the majority of the population of The Bahamas resides, New Providence is a popular stop for cruise ships and a vacation destination for tourists looking to explore world-renowned luxury resorts such as Atlantis, Baha Mar and The Ocean Club. In addition to being home to some of the most high-end hotels and private luxury real estate in the country, Nassau is famous for its immaculate beaches, its offshore coral reefs, its world-class diving and snorkeling and historical landmarks like The Queen’s Staircase, Fort Charlotte and Pompey Museum of Slavery and Emancipation.

The Abacos

Known as a boating and sailing paradise, the Abacos are approximately 80 miles east of South Florida. Making up the 120-mile-long chain of islands are top boating and fishing destinations like Great Abaco and Little Abaco;  Walker’s Cay (and its sister island Grand Cay);  Spanish Cay and Green Turtle Cay, with its settlement of New Plymouth; Great Guana Cay, private Scotland Cay, Man-O-War Cay, and Elbow Cay, with its settlement of Hope Town; and, Tilloo Cay and Lubbers Quarters. In addition to boating and fishing, Abaco offers championship golfing at The Abaco Club at Winding Bay Bahama Beach Club in Treasure Cay and Baker’s Bay Golf & Ocean Club on Guana Cay, as well as some of the best snorkeling and diving among the The Bahamas islands.

Andros

The largest of The Bahamas islands, Andros has an area greater than all other 700 Bahamas islands combined and is among the least explored islands of The Bahamas. Its population of just 10,000 spread across 2,300 square miles of tropical foliage, mahogany and pine forests, and lush mangroves means guests of luxury resorts such as Kamalame Cay are treated to some of the most unspoiled beaches and waters the country has to offer. The Great Andros Barrier Reef , measuring 190 miles, is the third largest fringing barrier reef in the world. It drops to about eight feet on the island side and approximately 6,000 feet in the Tongue of the Ocean.

Exuma Cays

Perhaps best known to tourists as the Bahamas island chain that is home to Pig Beach and the famous swimming pigs, the Exumas form a 90-mile chain of  365 islands and cays, and also includes some of the globe’s most stunning luxury resorts like Grand Isle Resort and Spa on Grand Exuma, Lumina Point Resort & Spa on Stocking Island and Sandals Emerald Bay. In addition to luxury resorts, the Exumas offer some of the most stunning private property available on the real estate market including Blue Island, Sampson Cay Saddleback Cay and Pipe Cay.

Eleuthera

Comprised of mainland Eleuthera, which includes Governors Harbour, Gregory Town and Palmetto Point and neighboring  Harbour Island and Spanish Wells, Eleuthera is possibly the most diverse of The Bahamas island chains. Its eastern side faces the Atlantic Ocean, and its western side faces the Great Bahama Bank, making for breathtaking natural wonders such as the spectacular The Glass Window Bridge and The Queen’s Bath. The topography of the island varies from wide rolling pink sand beaches to large outcrops of ancient coral reefs.

About Sotheby’s International Realty
The Sotheby’s International Realty network currently has approximately 22,000 affiliated independent sales associates located in over 950 offices in 69 countries and territories worldwide. Each office is independently owned and operated.

About Damianos Sotheby’s International Realty
Damianos Sotheby’s International Realty has 11 offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay and Private Islands. Head office 75 Shirley Street, Nassau. For additional information, please contact 242-322-2035 or info.Bahamas@SIR.com.

July 17, 2018 by
Damianos Realty

Best Luxury Resorts in The Bahamas

Best Luxury Resorts in The Bahamas. The Ocean Club, A Four Seasons Resort, is among the best luxury resorts in The Bahamas. Located on Paradise Island in Nassau, New Providence, the five-star resort offers amenities such as three pools, five award-winning restaurants and lounges, eight Balinese-style spa villa and a Tom Weiskopf-designed 18-hole golf course.

Many buyers who end up purchasing luxury homes in The Bahamas discover the beauty of the country as a tourist while staying at some of the best luxury resorts in The Bahamas, not to mention worldwide. Whether it’s the country’s crystal-clear cerulean waters, powdery white sand beaches, five-star dining or tax-neutral environment, a significant percentage of those who enter The Bahamas as tourists decide to invest in a home here. And with several luxury resort destinations available throughout the country, it’s not hard to see why visitors might want to make the country a part of their permanent lifestyle.

The Ocean Club, A Four Seasons Resort | Paradise Island

Since opening in 1962, The Ocean Club has been a playground for celebrities and discerning travelers alike. Set along a five-mile stretch of natural, white-sand beach on Paradise Island in Nassau, New Providence, the resort’s lush tropical grounds offer seclusion and relaxation while its award-winning restaurant Dune, offering French-Asian creations by Michelin-starred chef Jean-Georges Vongerichten, satisfies even the most sophisticated palates. Private residences such as The Penthouse at the Ocean Club Residences offer guests the opportunity to purchase a home that comes with access to all of the amenities of a five-star resort.

Baha Mar | Nassau

Home to premier luxury hotel brands such as SLS, Grand Hyatt and Rosewood , hotel residences and time-share offerings, Baha Mar encompasses more than 980 acres along one of the world’s most spectacular white sand beaches on the north shore of New Providence. Since opening in 2017, the resort, which is the largest in The Bahamas, has quickly become a premier destination for cutting-edge culinary, resort amenities and visual arts experiences. Dining options include menus by some of the world’s most renowned chefs and houses one of the largest collections of Bahamian art in The Bahamas.

The Cove | Eleuthera

This intimate, 57-room resort offers a selection of stylish seaside cottages and villas, private white sand beaches, a fitness center, a hilltop infinity pool, an immaculate spa, an open-air sunset bar and a gourmet restaurant. Located on the northern end of mainland Eleuthera, The Cove is not far from Gregory Town, a tranquil bohemian settlement featuring homes with names like A Majestic View, Sandy Bottom and Surf’s Up.

Kamalame Cay | Andros

Just off the Andros Great Barrier Reef in the cerulean waters of The Bahamas, this family-run private island resort accommodates 70 guests in cottages, bungalows and villas spread out on 96 acres of lush greenery, coconut palms and deserted white sand beach. Amenities include tennis courts, a freshwater pool, a PADI-certified dive shop, the only overwater spa in The Bahamas and some of the region’s finest cuisine. In fact, the resort’s monthly luncheons are so popular, they’ve gained international attention, encouraging guests to invest in their own on-site property, such as the elegant Dorado, so they can return frequently.

The Dunmore | Harbour Island

Just steps from the famous Pink Sand Beach on Harbour Island, The Dunmore is billed as a “coastal chic hotel with private residences” offering casual elegance in a glamorous retro Bahamian setting. In addition to stunning oceanfront views, amenities include beachside food and beverage service, a tennis court, a highly acclaimed restaurant and bar, concierge services, a heated ocean-front pool, a fitness facility and an outdoor massage area.

About Sotheby’s International Realty
The Sotheby’s International Realty network currently has approximately 22,000 affiliated independent sales associates located in over 950 offices in 69 countries and territories worldwide. Each office is independently owned and operated.

About Damianos Sotheby’s International Realty
Damianos Sotheby’s International Realty has 11 offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay and Private Islands. Head office 75 Shirley Street, Nassau. For additional information, please contact 242-322-2035 or info.Bahamas@SIR.com.

July 10, 2018 by
Damianos Realty, Damianos Sotheby's International Realty

Luxury Homes for Sale in The Bahamas

Luxury Homes for Sale in The Bahamas. In a country that defines luxury in the Caribbean, Lucaya is one of the most luxurious homes for sale in The Bahamas.

From the traditional Colonial influences of the old Bahamas represented in the exclusive community of Lyford Cay to the clean, modern architectural lines of residences in Albany and Old Fort Bay, Nassau offers some of the most elegant and sophisticated luxury homes for sale in The Bahamas.

To give you an idea of just how luxurious, we’ve listed below some of the most elegant homes available in a market that has come to define Caribbean luxury for the world’s most sophisticated home buyers.

  • Lucaya, Lyford Cay

    Located on Edgewater Drive in the exclusive gated community of Lyford Cay, a spectacular beachfront home on 3 lots with 530 feet of beautiful sandy beach in a private, enclosed setting. The main house has 4 bedrooms, 6.5 bathrooms plus two staff bedrooms. Price: US$40,000,000.

  • Villa Tarka, Paradise Island

    This grand 20,000 sq. ft. home is completely custom designed and sits on approximately 1.5 acres, with 246 linear feet of gorgeous sandy beach. Its southern border backs to the 16th hole of the Ocean Club Estates golf course. Resort-style amenities include an infinity pool, outdoor shower and professional tennis court with an air-conditioned pavilion. Price upon request.

  • Villa Delicias, Lyford Cay

    Balinese style single story villa with 181 feet of beautiful sandy beachfront in the exclusive gated community of Lyford Cay. The ‘U’ shaped home has spacious covered verandahs which offers indoor outdoor living and dining. Price: $US19,000,000.

  • Paraiso, Ocean Club Estates Paradise Island

    Paraiso is an immaculate 6 bedroom, 7.5 bathroom home with 151 feet of pristine white sand beach in the prestigious community of Ocean Club Estates. The grandeur of this home is evident as soon as you step inside and are greeted by an array of stately materials, including Mahogany and marble, welcoming you into an open-plan living space, bathed in natural light and oriented to capture breathtaking ocean views. Price: $US11,995,000

  • Bella Brisé, Albany

    Belle Brisé is a spacious 10,000-square-foot residential retreat looking out over Albany’s 18-hole championship golf course, site of the PGA’s Hero World Challenge. There are three bedrooms on the ground floor, one of which has a private entrance perfectly suited for house staff. Price: US$11,400,000

Looking fore more? Take some time to browse through all of our exclusively listed luxury homes for sale.

About Sotheby’s International Realty
The Sotheby’s International Realty network currently has approximately 22,000 affiliated independent sales associates located in over 950 offices in 69 countries and territories worldwide. Each office is independently owned and operated.

About Damianos Sotheby’s International Realty
Damianos Sotheby’s International Realty has 11 offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay and Private Islands. Head office 75 Shirley Street, Nassau. For additional information, please contact 242-322-2035 or info.Bahamas@SIR.com.

June 5, 2018 by
Damianos Sotheby's International Realty

A Guide to Living in The Bahamas

A Guide to Living in The Bahamas. Known officially as the Commonwealth of The Bahamas, The Bahamas is an archipelagic state consisting of more than 700 islands, cays, and islets in the Atlantic Ocean. Below is a brief overview of our beautiful country.

DEMOGRAPHICS

The Bahamas is a chain of 700 islands and cays, approximately 30 of which are inhabited. The population is estimated to be slightly more than 300,000 people, most of whom reside on New Providence, Grand Bahama, Abaco and Eleuthera Islands Islands. The Bahamian archipelago begins about 50 miles off the coast of Florida and stretches for 550 miles to the Southeast. The Bahamas is an independent, English-speaking country with an adult literacy rate among the best in the world (95%).

INFRASTRUCTURE

The Bahamas has comprehensive and modern infrastructure, with electricity and water in abundant supply. Telecommunications services and facilities in the Bahamas are state-of-the-art, with direct international links provided through a 100% digital switching system.

THE BAHAMAS MAIN ISLANDS

New Providence (pop. 241,200); Grand Bahama (pop. 61,300); Abaco (pop. 17,224); Eleuthera (pop. 11,165); Exuma (pop. 7,314); Andros (pop. 8,000).

CURRENCY OF THE BAHAMAS

The official currency of the Bahamas is the Bahamian dollar. The Bahamian dollar is equal in value to the U.S. dollar, and the two are used inter-changeably throughout the islands.

THE BAHAMAS GOVERNMENT

The Bahamas has an extremely stable and pro-business Government, with the longest running uninterrupted democracy in the Western Hemisphere (over 280 years). On July 10, 1973, The Bahamas gained its independence from Great Britain and remains a fully democratic nation, governed by its own Parliament and Constitution. The Constitution of the Bahamas proclaims the islands as a sovereign democratic state, sets forth requirements for citizenship and guarantees fundamental human rights. The Bahamas retains its ties with the Commonwealth of Nations (formerly the British Commonwealth) and also retains the British monarch as its figurative head of state.

For more information about The Bahamas, visit The Commonwealth

About Sotheby’s International Realty
The Sotheby’s International Realty network currently has approximately 22,000 affiliated independent sales associates located in over 950 offices in 69 countries and territories worldwide. Each office is independently owned and operated.

About Damianos Sotheby’s International Realty
Damianos Sotheby’s International Realty has 11 offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay and Private Islands. Head office 75 Shirley Street, Nassau. For additional information, please contact 242-322-2035 or info.Bahamas@SIR.com.

May 16, 2018 by
Damianos Sotheby's Int. Realty

“VILLA FLORENTINE” – LUXURY BAHAMAS HOME

“Villa Florentine”, a luxury Bahamas home located within the private Ocean Club Estates community, is on the real estate market for sale. Located on the world famous Paradise Island, this one of a kind waterfront estate, comprises of 12 bedrooms, 12 bathrooms main and guest homes on 1.4 acres of land.

Villa Florentine offers many amenities – too many to list here. For details on this Paradise Island home estate visit the listing page here MLS #28755.

Villa Florentine

Luxury Bahamas Home for Sale – Villa Florentine

March 6, 2017 by
Sotheby's Int. Realty

Art & Home | Making a Splash

The latest volume of Art & Home is here! This month, Iyna Bort Caruso dives into the experience of owning a home with a world-class pool.

Tennessee-768x512$2,950,000 USD | Signal Mountain Tennessee | Alliance Sotheby’s International Realty

In Spain, a signed painting by Pablo Picasso lies at the bottom of a pool. Picasso isn’t the only painter to use a pool as his canvas and fine artists aren’t the only ones to turn pools into works of art. Pool designers, of course, have their own creative muses, conjuring up escapist masterpieces. Continue Reading

July 8, 2016 by
Damianos Sotheby's Int. Realty

Ocean Club Estates #30 – Bahamas Home for Sale

The Bahamas home located at #30 Ocean Club Estates is available for sale. This luxury Paradise Island home is situated on the 6th fairway of the Ocean Club Golf Course. Spacious and immaculately maintained, this 4,400 square foot 4 bedroom and 4.5 bathroom home is built on a single floor and boasts high ceilings in the living room and family room.

Ocean Club Estates #30 offers a large patio and swimming pool, 4 bedrooms, 4 bathrooms, a modern, custom, and fully equipped kitchen, immaculate golf course views, modern bathrooms and more! For more details on this Paradise Island home for sale visit the listing page here MLS #23923.

Ocean Club Estates Home

Ocean Club Estates 30

June 21, 2016 by
Damianos Sotheby's Int. Realty

“Casa Sophia” – Bahamas Home

“Casa Sophia” is a 2 story luxury Bahamas home located in the exclusive private community of Ocean Club Estates which is situated on the world famous Paradise Island.  This magnificent 2.7 acre modern estate offers 500+ feet of beautiful sandy beach frontage.

Casa Sophia consists of a main house and a separate guest house with a total of 6 bedrooms, 8 full bathrooms and 3 half bathrooms.  View the property video tour below for visual aid.

UPDATE (April 2017 Nassau, Bahamas) Property has been SOLD. Thank you for your interest on this home estate. Interested in other properties on Paradise Island? View current Bahamas real estate listings to find your dream home.

Bahamas Casa Sophia

June 20, 2016 by