Often categorized as a vacation destination, the Bahamas has seen a surge this past year in residential communities, with buyers primarily from North America and Western Europe now owning second homes all across the tropical archipelago.
Incentivized in part by tax advantages, foreign investors are shaping the luxury real estate market of the Bahamas, with new construction projects popping up every month, ranging from oceanfront villas and estates to highly-amenitized private residences like those found at Aqualina Beachfront Residences.
Seated beside the Baha Mar Resort and Casino in the Bahaman capital of Nassau, the luxury beachfront community of Aqualina will stand 11 stories high and house 27 residences, according to a listing detail page for the project.
Tucked behind a security gate, the site will feature a tennis court, fitness center and yoga studio, and a stunning beachfront infinity pool with cabana and bar.
Available amenities are reminiscent of resort stays with a full-time concierge service, private beach access and full access to Baha Mar, including spa services, dining and golf.
The ground floor consists of a lobby and resident lounge, as well as the first type of residential offering at Aqualina, beach villas.
The next 10 floors consist of three- and four-bedroom residences, ranging from roughly 3,200 to 4,800 total square feet, each featuring ocean views, expansive balconies and a private elevator.
A penthouse sits on the final floor of the building, covering just under 10,000 total square feet.
For those looking to invest as opposed to permanently residing in Aqualina, short-term and long-term rentals are permitted.
Groundbreaking has commenced on this luxury beachfront community, with completion scheduled for the summer of 2023, with pricing starting at $2,795,000.
As international travel resumes and tourism industries in the Bahamas return, expect to see demand for residential properties like Aqualina continue to grow.