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Damianos Sotheby's International Realty

BAHAMAS SOTHEBY’S INTERNATIONAL REALTY CELEBRATES RECORD BREAKING SALES IN 2022 AND LOOKS AHEAD TO ANOTHER BANNER YEAR IN 2023

 

Bahamas Sotheby’s International Realty, an industry leader with 78 years of expertise in luxury real estate, is pleased to announce a record-breaking year in 2022. The exceptional performance of the company can be attributed to its dedicated and knowledgeable sales team, brand support, and administrative team, according to Lana Rademaker, Chief Brokerage Officer.

Several sales agents from Bahamas Sotheby’s International Realty were honored for their outstanding performance, including Nick Damianos as the Company’s Top Producer and Listing Agent, Mark Hussey as the Top Producer for the Nassau Sales Team, and Tiffany Forbes as the Top Producer of the Baha Mar Residential Sales Team. Awarded Top Producer and Top Listing Agent in Abaco was Jane Patterson. Angelika Bacchus earned the title of Top Producer and Top Listing Agent in the Eleuthera market. The Circle of Excellence Award was awarded to a group of top-performing sales agents, including Vanessa and Christopher Ansell of The Ansell Group, Samira Coleby, Madeline Wilkinson, Christina Cunningham, and Sarah Chemaly.

The year 2022 was marked by innovation, record-breaking sales, and unparalleled global networking, according to Lana Rademaker. The Baha Mar Residences™ sales team saw strong residential sales with their relocation to the resort’s casino floor, attracting new energy and visibility to the luxury residences at the Rosewood Hotel. The company also expanded its team, adding five new sales agents and five administrative team members, contributing to the overall success of the company.

Lana emphasized that Bahamas Sotheby’s International Realty achieved milestone sales volume in 2022, such as the sale of Harbour House in Lyford Cay, the highest-priced house ever sold in The Bahamas, and Cave Cay, the highest-priced private island sale in 2022. These achievements were further propelled by the exceptional efforts of CEO. George Damianos, who was recognized as one of Sotheby’s International Realty’s Top 100 Agents for his dedication to clients and the global company.

Looking ahead to 2023, Bahamas Sotheby’s International Realty is optimistic, with a top-tier team of sales, marketing, and administrative professionals who are motivated to excel in their field. The power of the Sotheby’s International Realty® brand and its global referral network, combined with the strength of the company’s team, anticipate continued success for the brokerage.

Sotheby’s International Realty®, a global leader in luxury real estate, continues to advance the industry with technology and marketing efforts, including a mobile-first approach to accommodate the needs of today’s clients. The brand’s support infrastructure and proprietary marketing platforms remain a unique advantage for Bahamas Sotheby’s International Realty, according to Top Producer Nick Damianos.

Bahamas Sotheby’s International Realty, with eight offices throughout The Bahamas, has been a trusted name in luxury and waterfront property sales since 1945. With a team of experienced real estate professionals, the company consistently ranks among the top producers in The Bahamas real estate industry.

 

About Bahamas Sotheby’s International Realty
Bahamas Sotheby’s International Realty has eight 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 more than 26,000 affiliated independent sales associates located in over 1,000 offices in 81 countries and territories worldwide. US$204 Billion in Annual Sales.

February 16, 2023 by
Damianos Sotheby's International Realty

DAMIANOS SOTHEBY’S INTERNATIONAL REALTY GROWS SALES TEAM IN KEY MARKETS

NASSAU, The Bahamas (December 21, 2022) — George Damianos, Chief Executive Officer for Damianos Sotheby’s International Realty, and Lana Rademaker, Chief Brokerage Officer, are pleased to announce the addition of two new estate agents: Debbie Reid, who will be based in the Nassau office, and Yolanda Pawar who will join the sales team in Governors Harbour, Eleuthera.

Reid joins Damianos Sotheby’s International Realty with an extensive background in property management in communities such as Old Fort Bay and Lyford Cay and will draw upon her longstanding client relationships and knowledge of the Nassau luxury residential market to serve both buyers and sellers.

“Debbie’s insight into this unique segment of our client base and her extensive understanding of their needs means she’ll hit the ground running as a sales agent,” Rademaker said. “We’re extremely supportive of this new career path she’s chosen.”

Pawar has been a longstanding successful member of the Bahamian business community as a marketing, public relations, and corporate communications professional for large organizations such as Baha Mar and Doctors Healthcare System.  Additionally, she has developed deep and meaningful community ties in her

capacity as a volunteer with organizations such as Let’s Swim Bahamas, Mission Educate Bahamas, and the Bahamas Chamber of Commerce. Currently, Pawar acts as the face of One Eleuthera Foundation, a nonprofit organization based in Rock Sound that helps build sustainable development opportunities, invests in people and strengthens local communities across Eleuthera.

“Yolanda’s passion and commitment to the communities where she lives and works has earned her a stellar reputation as an upstanding community leader with impeccable values and an endless drive toward the betterment of every organization and person who she becomes involved with,” Rademaker said. “Her efforts have also garnered her a vast and diverse network of professionals throughout The Bahamas.”

Rademaker added that the addition of these new agents also positions Damianos Sotheby’s International Realty well for 2023.

“Buyer inquiries remain strong in all sectors but particularly when it comes to turnkey luxury waterfront homes and homes in gated communities throughout The Bahamas,” Rademaker said. “We’re also experiencing increasing inquiries for condominium units at Rosewood Residences at Baha Mar, all of which indicates a strong first quarter for 2023.”

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 Windsor Park, 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.

December 20, 2022 by
Damianos Sotheby's International Realty

Damianos Sotheby’s International Realty Achieves $1 Billion In Sales

NASSAU, The Bahamas (September 27, 2022) — It is with great honor that we announce this history-making achievement of being the first and only real estate company in The Bahamas to surpass $1 Billion in real estate sales within a calendar year. Accomplishing this milestone was made possible through the hard work of each and every member of our Damianos Sotheby’s International Realty team and I am incredibly proud to work alongside them each day. Our pursuit of excellence in providing our clients with the most seamless real estate experiences possible and recruiting only the top-tier most knowledgeable and professional team members and estate agents in the country continues to be our company’s core mission. We are deeply grateful to our valued clients who have trusted us throughout the past seven decades to represent and guide them through their real estate investments, and we look forward to serving them for many more.

“I am extremely proud of my agents, administrators and partner, Lana Rademaker, all of whom put tremendous effort into achieving this momentous milestone.  Damianos Sotheby’s International Realty is the first and only real estate agency in the Bahamas to have sold over $1 Billion worth of real estate in a calendar year.” – George Damianos, Chief Executive Officer, Damianos Sotheby’s International Realty.

About Damianos Sotheby’s International Realty

Damianos Sotheby’s International Realty has eight 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 Park, 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 24,000 affiliated independent sales associates located in over 1,000 offices in 75 countries and territories worldwide.  Each office is independently owned and operated.

September 27, 2022 by
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.

September 1, 2021 by
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.

August 30, 2021 by
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.

June 28, 2021 by
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

Discover luxury homes for sale and rent in The Bahamas on SIRbahamas.com

January 15, 2021 by