Nassau Real Estate News
Nassau
Caribbean Housing Market Evolves into Global Second-Home Hotspot
The Caribbean, long celebrated for its turquoise waters and postcard-perfect beaches, is undergoing a quiet transformation--from a vacationer's paradise into one of the world's most in-demand second-home markets. A surge of affluent buyers seeking turnkey luxury, branded living, and eco-conscious design is reshaping the region's real estate landscape.
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.
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.
The World's Luxury Property Markets Go Negative in 2023
Based on Knight Frank's latest Prime Global Cities Index (PGCI), which tracks prices in 46 leading prime markets worldwide, fell by 0.4% in the 12 months to the end of March 2023. This marks a sharp reversal from a peak of 10.1% growth in the fourth quarter of 2021.
