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REAL ESTATE BAHAMAS conjures up exciting visions. One thinks of azure seas, punctuated by white beach sands and islands fringed with vegetation and decorated with gorgeous bodies lazing in the sun. Home buyers and investors alike will perk up at the phrase. After the banking crisis of 2008 property prices in America and Europe slid down. As the slow recovery gathers strength investors from emerging markets and those from the West still with capital are presented with good opportunities as the property market begins to swell again. The Bahamas archipelago lies off the east coast of Florida. Spread over the main islands is a cosmopolitan population of about three hundred and thirty thousand people. Many of the islands in these shallow seas are uninhabited and many are owned by astute investors. The main islands such as San Salvador, Grand Bahama and Eleuthera have been populated for centuries and so enjoy well established infrastructures. In1492 Christopher Columbus happened upon these islands which were inhabited by unfortunate people who were later enslaved by the Spanish and shipped out to work on gold and silver mines. A group of British settlers arrived in 1648, fleeing from religious persecution. They settled on an island and named it Eleuthera. Pirates also favoured the shallow seas and sheltered island where they could hide, bury their treasure and sally out to attack merchant ships plying the Atlantic. The British occupied the territory during the eighteenth century and put a stop to piracy. In 1973 the country became an independent part of the British Commonwealth. A democratic government has emerged out of the colonial past. Individual rights are protected and there is an established framework of laws within which people operate. The International persons Landholding Act of 1993 supports the rights of foreigners to own property in the Bahamas in return for taxes and compliance with various regulations. Security of ownership is an important aspect of real estate investment and that is well secured. Whenever a property investment is made buyers need to be concerned about the provision of potable water. Rocky uninhabited islands do not necessarily have streams or rivers and it may be a case of 'water, water everywhere, and not a drop to drink'. However, modern technology is rapidly overcoming this risk as advances are being made into the purification of sea water. In the Bahamas there are many avenues for REAL ESTATE BAHAMAS. Websites give a wide range of luxury and commercial properties for sale at prices designed to suit different types of investor. The same websites give contact details of people who can offer professional advice and support. There are gated developments condominiums commercial properties and free standing residences available to suit a wide range of investors. Not everyone may be able to afford a private island but on the bigger islands most sporting and social amenities are accessible.
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