Why invest in a residence at Bel Air Bahamas ?
Nearby Harbour Island, just a 20-minute drive from Bel Air Bahamas, is already one of the Caribbean’s most exclusive and luxurious destinations, boasting unparalleled property values. Real estate transactions on Harbour Island have reached meteoric heights, with mansions selling for as much as $70 million.
Finding a waterfront lot in Harbour Island is virtually impossible, and when available, they are priced at over $6 million. Property values have been steadily rising, with dry lots—those without water views—of approximately 15,000 square feet now priced around $1 million. Eleuthera is poised to follow suit as the next sought-after area for luxury development.
The island offers numerous advantages:
- Proximity to the U.S. : Easy access with short travel times.
- Strong Local Workforce: A reliable resource for development and operations.
- Excellent Connectivity: Frequent airlift options and weekly shipping routes from Florida.
Eleuthera, in particular, has seen a steady rise in property values, driven by the development of modern, up-to-date homes. The Bahamas is often considered an extension of the North American real estate market, attracting investors who value its stable political and economic environment.
With a relatively small market and limited inventory, conditions favor sellers, ultimately driving prices higher.