The Bahamas’ luxury real estate market is segmented, with different islands, neighborhoods and developments all fetching very different prices, agents said. In general, however, it is performing well this year, they said.
John Christie, the managing broker of H.G. Christie, a real estate agency that has its main offices in Nassau and on Grand Bahama, said the luxury market was not greatly affected by the global economic downturn. Sales slowed down but home prices did not drop, he said, adding that since 2013, prices have risen 5 percent to 10 percent a year, though not across the board. Homes are also selling faster this year.
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