Page 16 - Damianos Sotheby's International Realty Magazine Vol. 3

DAMIANOS
SOTHEBY’S INTERNATIONAL REALTY
• 11 OFFICES IN KEY LOCATIONS
• 30 SALES PROFESSIONALS
• AVG. LIST PRICE: $1.82M
• AVG. SALES PRICE: $1.785M
• 2017 Q1 HIGHEST SALES PRICE: $23.5M
WE ARE.
THE BAHAMAS WATERFRONT SPECIALISTS
The Bahamas remains a highly respected international market with the majority of buyers originating from North America, the UK, France and Latin America. Sales are strongly influenced by the continued de- mand for safe real estate investments in a stable mar- ket with easy accessibility.
Considered as one of the most beautiful countries in the world, the Bahamas is also a renowned finan- cial jurisdiction where wealthy investors enjoy an exceptional standard of living.
A noticeable trend throughout 2016 was the con- sistent demand for luxury second homes and income producing investment properties. The first quarter of 2017 has demonstrated continued strength in several key fields, including prime oceanfront or beachfront
residences, amenity-rich gated communities and income-generating properties suitable for short term vacation rentals. We hold a 65% market share in the Bahamian market and an impressive online presence with property views up 7% over the previous year.
The Bahamas continues to be a refuge for sophis- ticated inventors, leading to a significant increase in prospective buyers enquiring about Economic Perma- nent Residency in the Bahamas. Obtaining this status may grant international investors tax advantages in their home country.
With 11 offices throughout the Bahamas, Damianos Sotheby’s International Realty has made a name for itself in this attractive market as an agency that repre- sents the full spectrum of our client’s interests.