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Damianos Sotheby's International Realty

Damianos Sotheby’s International Realty Celebrates The Opening Of New Flagship Office At Windsor Business Park

NASSAU, The Bahamas (September 1, 2021) — George Damianos, Chief Executive Officer for Damianos Sotheby’s International Realty, and Lana Rademaker, Chief Brokerage Officer, are pleased to announce that the headquarters for Damianos Sotheby’s International Realty, one of the pioneering companies in the downtown business district of Nassau in the 1940s, has relocated to its new home just west of the Lynden Pindling International Airport in Windsor Business Park.

The team of 20 expert brokers and agents operating out of Damianos Sotheby’s new flagship office is led by Chief Brokerage Officer and co-owner, Lana Rademaker.

“Our Shirley Street office served us well for over seven decades, and we are proud to have been a part of the downtown business corridor for so long,” said Rademaker. “But our sales and marketing team has grown so significantly over the past few years that we found we were outgrowing that space. Creating an inviting and collaborative environment that comfortably accommodates our team yet allows for future growth guided our design strategy. We are excited for our office to once again become a hub for business activity that draws in our clients and encourages them to engage with our sales agents.”

In addition to providing more space for team members to convene, the newly built-out 5,000-sq. ft. headquarters provides Damianos Sotheby’s International Realty agents with the opportunity to better serve their clients as well as the thriving communities around New Providence.

“When we set out to identify our new location, we did so very mindfully,” Rademaker said. “Our goal was not only to build a modern new head office, but to create a second home for our team members that would encourage gathering, professional development and the cultivation of relationships both internally and externally.  Investing in an environment that inspires career advancement and peak performance is what defines our corporate culture. This is the legacy upon which this company was built, and it’s what sets us apart from our competitors.”

The Damianos Sotheby’s International Realty team of sales associates prides itself on setting the standard of excellence through innovative marketing, personalized service and local expertise.  Founded in 1945, the company remains steadfast in upholding its core values of integrity,  transparency and the curation of long-term relationships based on a high standard of ethics. With 8 offices throughout The Bahamas, Damianos Sotheby’s International Realty boasts the most experienced and successful team of real estate professionals, consistently ranking among the top producers in The Bahamas real estate industry.

About Damianos Sotheby’s International Realty

Damianos Sotheby’s International Realty has 8 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 Windsor Business Park, Windsor Field Road. 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 22,700 affiliated independent sales associates located in over 1,000 offices in 72 countries and territories worldwide.  Each office is independently owned and operated.

Damianos Sotheby's International Realty

Introducing The Baha Mar Residences Specialists

Bahamas Sotheby’s International Realty, a subsidiary of Damianos Sotheby’s International Realty, has been selected to exclusively represent Baha Mar Residences, the only Caribbean residential ownership project featuring impeccable turnkey residences by two acclaimed hotel brands: Rosewood Hotels & Resorts and SLS Baha Mar. We are honored to represent these extraordinary properties and iconic hotel brands.

Baha Mar has created an exceptional destination and we take great pride in showcasing the exclusive Rosewood Baha Mar and SLS Baha Mar Residences across international markets. The Residences at Baha Mar offer the ideal lifestyle experience for homeowners seeking the privacy of a luxury home paired with the amenities of a world-class resort destination. Baha Mar provides residential owners with access to a wide range of on-site amenities, including Royal Blue, the Jack Nicklaus championship golf course, tennis at Baha Mar Racquet Club and spa services at ESPA, along with a wide variety of signature culinary experiences and Baha Bay, a newly opened state-of-the-art beachfront waterpark. These amenities paired with the resort’s rental program make ownership at Baha Mar even more attractive for clients looking for a luxury live-work-play lifestyle.

Bahamas Sotheby’s International Realty launched its residential sales in Spring 2021 which coincided with the reopening of the Rosewood Baha Mar & SLS Baha Mar. Demand for the unprecedented service, extraordinary amenities and unique elegant lifestyle offered only to residential owners at Baha Mar is highlighted by growing sales momentum. The strength of the Sotheby’s International Realty global network combined with our robust proprietary marketing platform and local professional expertise uniquely positions our sales specialists to serve our clients in the most seamless, technologically advanced method currently available in our industry.

Our Baha Mar Sales Specialists are located in The Residences Sales Gallery adjacent to Sugar Factory at the Baha Mar Rotunda Shops.

Damianos Sotheby's International Realty

DAMIANOS SOTHEBY’S INTERNATIONAL REALTY ANNOUNCES RECORD-BREAKING YEAR FOR FIRST HALF OF 2021

NASSAU, The Bahamas (June 28, 2021) — Built-up demand, amplified digital marketing efforts and excellence in all aspects of customer service have added up to a record-breaking six months so far this year for Damianos Sotheby’s International Realty.

“At the beginning of 2021, we were hopeful that our market would experience signs of recovery due to the easing of local restrictions and the reopening of international travel,” said Lana Rademaker, Chief Brokerage Officer for the real estate firm. “However, the level of activity throughout The Bahamas since January has far exceeded our expectations and has broken all previous years’ sales records. Inventory is at a historical low and demand remains very strong, especially in the luxury markets. “

Rademaker added that Damianos Sotheby’s International Realty has experienced a 300% increase in sales volume YTD over 2020 and has achieved a new history-making average sales price of $2,700,000.

“Properties in highest demand have been those located in top tier luxury gated communities like Lyford Cay, Old Fort Bay and Ocean Club Estates. We are also experiencing a surge in condo sales, vacation homes and vacant land investments from both local and international purchasers. While Nassau was the first market to feel the turnaround, activity in Abaco, Eleuthera and Exuma soon followed with sales activity now at unprecedented levels,” Rademaker said.

The vacation rental market has also seen accelerated growth in 2021.

“Prior to 2020, our rental business was typically seasonal, with the bulk of inquiries coming in during winter and holidays like spring break,” Rademaker said. “But we saw virtually no decline in inquiries throughout 2020, and 2021 is looking much the same. With the popularity and ease of working and attending school remotely these days, buyers are taking the option to rent for a few months to get a real feel for the communities where they’re considering purchasing.”

Another stellar boon for the company’s bottom line in 2021 has been its strategic partnership with Baha Mar to exclusively represent Baha Mar Residences, the only Caribbean residential ownership project featuring impeccable turnkey residences by two acclaimed hotel brands: Rosewood Hotels & Resorts and SLS Baha Mar. This alliance has catapulted Damianos Sotheby’s International Realty listings volume to $925 million YTD.

“Working with Baha Mar has been the most impactful strategic move we’ve made in the 76-year history of our company, with the exception of becoming a Sotheby’s International Realty franchise in 2005,” Rademaker said.  “We cannot be more pleased to have been awarded the honor of exclusively representing these extraordinary residences.”

Rademaker also attributes this year’s phenomenal sales numbers to the company’s culture which emphasizes innovation, professionalism and market expertise,  attracting the most elite real estate professionals in The Bahamas and resulting in the highest caliber of service for clients.

“Despite the challenges and obstacles faced in 2020, our team pivoted and persevered, capitalizing on the enduring relationships we’ve cultivated with our clients over many years, and I think this set a strong foundation for us as we entered 2021,” said Rademaker. “Instead of entering the year at a deficit, we simply built on the steady flow of business we maintained throughout 2020.  As the leading real estate brokerage in The Bahamas, Damianos Sotheby’s International Realty continues to grow in strength and numbers. Developing, mentoring and nurturing our team members are top priorities for our leadership team, and that’s reflected in our remarkable track record of success.”

Damianos Sotheby’s International Realty has been an industry leader since 1945 specializing in the listing, marketing and sale of luxury and waterfront properties. With 10 offices throughout The Bahamas, Damianos Sotheby’s International Realty boasts the most experienced and successful team of real estate professionals, consistently ranking among the top producers in The Bahamas real estate industry.

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 22,700 affiliated independent sales associates located in over 1,000 offices in 72 countries and territories worldwide.  Each office is independently owned and operated.

Damianos Sotheby's International Realty

Damianos Sotheby’s International Realty Significant Sales 2020

From the sale of an enchanting 20-acre Private Island in the Abacos, to that of an architectural masterpiece situated on the golf course on Paradise Island, highlighted here are 14 Significant Sales from 2020 represented by Damianos Sotheby’s International Realty.

Exuma Cays, Bahamas

Last Asking $15,000,000 | Represented by George Damianos

Abaco, Bahamas

Last Asking $8,700,000 | Represented by Christopher Albury

Old Fort Bay, Bahamas

Last Asking $8,200,000 | Represented by George Damianos

Lyford Cay, Bahamas

Last Asking $6,950,000 | Represented by Nick Damianos

Lyford Cay, Bahamas

Last Asking $5,950,000 | Represented by Nick Damianos

Exuma Cays, Bahamas

Last Asking $5,000,000 | Represented by Mark Hussey

Paradise Island, Bahamas

Last Asking $4,400,000 | Represented by Monty Roberts

Old Fort Bay, Bahamas

Last Asking $4,200,000 | Represented by Monty Roberts

Hope Town, Abaco, Bahamas

Last Asking $3,600,000 | Represented by Jane Patterson

Lyford Cay, Bahamas

Last Asking $3,500,000 | Represented by Katina Schopper

Lyford Cay, Bahamas

Last Asking $3,500,000 | Represented by George Damianos

Lyford Cay, Bahamas

Last Asking $3,350,000 | Represented by The Ansell Group

Old Fort Bay, Bahamas

Last Asking $3,250,000 | Represented by Mark Hussey & Bianca Aranha

Old Fort Bay, Bahamas

Last Asking $3,195,000 | Represented by The Ansell Group

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