Wealth diversification has always been a key to portfolio stability and improving overall returns. Even with the economic effects of COVID, real estate investment remains attractive as indicated in the recent 2021 Global Real Estate Forecast published by Impacts.
Looking at The Bahamas, specifically, Cable Beach in Nassau, New Providence has always been a hot real estate market. Below you’ll find some of the primary reasons real estate investors have looked to this popular Caribbean location with their investment dollars and why Aqualina Bahamas is a smart investment for savvy real estate investors.
Location
Cable Beach, New Providence has always been an extremely popular location for property investment in The Bahamas. Constructed next to the incredibly successful development ONE Cable Beach, Aqualina Bahamas is just steps from luxurious attractions including the Baha Mar Resort & Casino, the Jack Nicklaus Championship Golf Course, world-class shopping, and fine dining.
When looking at actual property price trends in Nassau, investors should take note that:
- In 2019, condominium prices in New Providence had increased 7.2% while the average sale property prices on Cable Beach rose a whopping 19.8%*
- The Bahamas has one of the highest Gross Rental Yield rates in the Carribean at 8.16%*
*Source: GlobalPropertyGuide.com
This combined with reliable water and power supply along with close proximity to modern health facilities, Nassau’s International Airport, it’s no wonder investors look to Cable Beach over some of the more remote Bahamas islands to place their investment dollars.
Buying Options
With the introduction of the Bahamian Sand Dollar, it is clear that there has been a major push in The Bahamas to remain attractive to investors active in digital currency markets. Not only can you use your cryptocurrency to make everyday purchases on the islands, but real estate investment with cryptocurrency is increasingly popular providing buyers with more options for how they invest in Bahamas real estate.
Bahamas Permanent Residency By Investment
Permanent residents of The Bahamas have access to incredible tax benefits, a primary reason it is one of the most popular tax havens in the world.
Often referred to as ‘The Bahamas Residency Program’, interested property owners can apply for residency with a residential property purchase of $1M or more. Further, a residential purchase of $1M or more will accelerate the application process.
Revenue Flow
Stemming from its incredible location, owners at Aqualina Bahamas can take advantage of the ever-growing demand for luxury accommodations on Cable Beach by participating in the owner’s rental program. Designed to allow maximum flexibility with no blackout periods, owners maintain control over when they wish to occupy the residence.
More about Bahamas Investment
Cable Beach, Bahamas continues to be a thriving center for Caribbean real estate and a profitable venture when considering an investment property. To understand more about Bahamas Property Investment, download our Bahamas Investment Report or contact our knowledgeable sales team.