Market Spotlight | The Bahamas

In our recent report with Wealth-X we explored “Homes as Opportunity Gateways” for ultra high net worth individuals around the world. One of the countries featured in the report is the island nation of the Bahamas. Renowned for much more than their pristine beaches, “There is no inheritance tax, capital gains tax, corporate tax, or and income tax in Bahamas,” says George Damianos, President, Damianos Sotheby’s International Realty. “Non-Bahamian investors who purchase residences valued in excess of $500,000 [USD] may apply for a permanent residency certificate, making investing in Bahamas real estate relatively easy for those looking to purchase primarily as an investment for a permanent residency with tax advantages.”

Let’s explore some exclusive listings from this unique island escape.

$7,900,000 USD | Lyford Cay, Bahamas | Lyford Cay Sotheby’s International Realty

Standing graciously atop a hill with captivating views over the world-renowned Lyford Cay enclave, this 10,000-square foot custom-built home is a haven of elegance and luxury. Le Rochefort encompasses all the elegance of a European Villa with the relaxed ambiance of a tropical paradise. The meticulous attention to detail is obvious throughout this magnificent gated estate, which features a total of five bedrooms and six bathrooms.

$2,300,000 USD | Andros, Bahamas | Damianos Sotheby’s International Realty

Conched Out is a beachfront home on Kamalame Cay, a private island off the coast of Andros. The colonial style home is the epitome of island living. Mere steps from 300 feet of beachfront that continues for miles, Conched Out is tucked among 96-acres of swaying palms and tropical flora.

Price Upon Request | Paradise Island, Bahamas | Damianos Sotheby’s International Realty

Overlooking the azure waters surrounding Paradise Island is this immaculate contemporary beachfront home. Located in the luxurious and exclusive community of Ocean Club Estates and boasting over one hundred feet of beautiful and private sandy beach, there are tremendous views from every room. This magnificent home offers complete furnishment with all the custom made furniture that was designed and built specifically for this home.

$11,000,000 USD | Lyford Cay, Bahamas | Lyford Cay Sotheby’s International Realty

Set atop an elevated double lot, Lyford View showcases phenomenal vistas of the Lyford Cay Golf Course and the Atlantic Ocean. Surrounded by mature native trees and vast lawns, Lyford View feels inviting and vast inside and out. A large living/dining room with fireplace, teak wood flooring, a pool with heated Jacuzzi and centralized stereo system are among this home’s robust offerings.

>Discover more in our report with Wealth-X