Bahamas Real Estate News
Bahamas
Caribbean Islands Enjoying a New Era of Luxury Property Developments
According to global property consultant Knight Frank, the Caribbean has become a hot destination for property buyers during the pandemic, drawn by its scenic beauty and favorable tax structures. This influx has spurred a wave of high-end development, elevating the standard of luxury on the islands.
Global Home Price Growth Accelerates in 2024
Based on new data from Knight Frank, global housing markets continued to see stronger growth in the first quarter of 2024, with annual growth across the 56 markets we cover reaching 3.6%.
2024 Elections Rank as Biggest Potential Risk to Luxury Housing Markets Worldwide
Based on new data by Kate Everett-Allen, head of international residential research at Knight Frank, despite 2 regional wars, rising mortgage rates and inflation, global economies have displayed surprising resilience, with recent inflation figures suggesting a turning point.
Prime Global Residential Rents Hit Record High in Q1
According to global property consultant Knight Frank, rents in global luxury residential markets are continuing to see strong growth. The Knight Frank Prime Global Rental Index rose by 8.5% in the 12 months to March 2023 this year - with rents in a majority of markets hitting new records.
