Perspectives - 2024 Global Luxury Property Market Report

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MAISON Bahamas | Forbes Global Properties
Beachfront Estate in Lyford Cay Clifton Bay Drive, Nassau

Dear Esteemed Clients,

We are proud to be an exclusive member of Forbes Global Properties, a curated consumer marketplace and an invitation-only network that connects discerning buyers to the world’s finest homes and the top-tier agents that represent them Operating exclusively in the luxury sector, Forbes Global Properties offers branding and marketing services to elite real estate brokerages, and is the exclusive worldwide residential partner of Forbes

The Bahamas’ luxury property market remains a vibrant and sought-after segment within the Caribbean real estate landscape, distinguished by its pristine natural beauty and high-end living standards As a favored destination for affluent buyers, the market continues to experience strong demand, driven by its attractive tax incentives, stunning island vistas, and world-class amenities Nassau, the capital, and the exclusive island of Paradise Island are notable hotspots, featuring a range of opulent properties from waterfront estates to high-end condominiums, catering to both international investors and high-net-worth individuals seeking a luxurious retreat

In recent years, the market has seen a surge in high-value transactions, with properties often commanding premium prices due to their unique locations and exceptional quality. The trend towards more private and secure residences has bolstered the demand for gated communities and private islands, reflecting broader global preferences for exclusivity and seclusion With continued investments in infrastructure and luxury developments, The Bahamas is poised to maintain its status as a premier destination for luxury real estate, offering a blend of natural beauty and sophisticated living that appeals to a discerning clientele

This year-end report from Forbes Global Properties presents unique perspectives on the prime property market from members of the network, featuring a collection of 2023 insights and 2024 outlooks from our network of experts in more than 500 locations worldwide You can read more about The Bahamas’ insights and forecasts on pg 20 of this report

We hope you enjoy reading these insights

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