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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, ExumaNassau, 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.

Damianos Sotheby's International Realty

Damianos Sotheby’s International Realty Exclusively Lists Blue Island, a 700-Acre Private Island in the Southern Exuma Cays

A Private Island Oasis. Located 147 miles southwest of Nassau in The Exumas, Blue Island is the largest private island currently on the market in The Bahamas offering 700 acres of pristine developable land and panoramic ocean views.

THE EXUMAS, The Bahamas (Feb. 23, 2018) — Imagine boarding a private jet in New York at 2 p.m. on a Friday, mid-February, flurries of snow piling up on the tarmac as you ascend into the sky. You’re tired, you’re stressed, and you’re ready to disconnect. Now imagine it’s three hours later and you’re stepping off that same plane onto a remote private island. Balmy, 80-degree breezes brush across your skin as you disembark, and the only detectable sounds are those made by swaying palm trees and ocean waves as they lap up on the nearby shore.

This is what awaits visitors to Blue Island: peace, solitude, sanctuary.

Situated in the southern Exuma Cays, the 700-acre island is located 147 miles southwest of Nassau, or about a 30-minute flight, and offers not only the utmost in seclusion but also an array of desirable features such as a brand-new 5,700-foot jetway; six white sand beaches; 15 miles of lush nature trails lined with mango, banana and coconut palm trees; hilly terraces; and, a 5,000-square-foot main house offering panoramic views of the Atlantic.

“It’s the largest private island currently available in The Bahamas,” said Steve Donovan of Damianos Sotheby’s International Real Estate who is exclusively marketing Blue Island. “There are numerous places where you could build a house or beach bungalow, and each would have its own beach. And with hills reaching up to 90 feet from sea level, Blue Island offers the kind of security and shelter that discerning investors seek out.”

And with the mainland of Great Exuma a short boat ride away, Blue Island offers the best of both worlds­—the ability to relax in your own private world combined with convenient access to supplies, staff, restaurants and shopping.

Between its location in the Exumas, easily one of the most beautiful places in the world, and its development potential, Blue Island is ideally positioned to become the next ultra-exclusive resort along the lines of Mustique or Necker Island,” Donovan said.  “And with 700 acres to work with, you could even include an 18-hole golf course. The possibilities really are endless.”

For more information about Blue Island click here, or email Steve Donovan at steve.donovan@sothebysrealty.com

 

About Sotheby’s International Realty

The Sotheby’s International Realty network currently has approximately 21,000 affiliated independent sales associates located in over 900 offices in 68 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, Albany and Private Islands. Head office 75 Shirley Street, Nassau. For additional information, please contact 242- 322.2305 or info.Bahamas@SIR.com.