According to a Caribbean luxury property specialist 7th Heaven Properties, demand for Caribbean real estate has doubled during the first six months of 2015 compared to the same period last year. The second half of 2015 has been extremely promising with a strong sales pipeline for communities like February Point, a private community on Great Exuma. The analysis also indicates that interest in residential real estate in the Caribbean has increased dramatically across all price brackets.
Caribbean Market Highlights:
- The majority of inquiries originate from the USA, Canada and the UK with inquiries from American and Canadian buyers more than doubling and inquiries from British buyers up over 30%.
- Inquiries for properties in all price brackets up: Inquiries for properties priced from $1 million to $2 million USD more than doubling.
According to Walter Zephirin, Managing Director of London-based 7th Heaven Properties, inquiries for Caribbean real estate have increased dramatically as economic growth in the USA, Canada and the UK has stimulated buyer confidence. Growth in demand for Caribbean property has been boosted by the announcement of daily flights to the Exuma region. Starting December 19th, Delta Air Lines will fly daily non-stop flights from the Atlanta Hartsfield-Jackson Airport to George Town on Great Exuma.
For those looking to be a part of a stunning Caribbean resort, there’s a homeport ready to welcome you. February Point enjoys an enviable location just 20 minutes from the airport and five minutes to the conveniences of Georgetown. A private community perfectly situated to everything on land and sea. Waterfront villas, estate homes and the Bahamas only overwater residences are available for sale. February Point will be unveiling its newly constructed Beach Club and Marina in December, one of the finest luxury amenities anywhere in the Bahamas.
Discover the best of the Caribbean, visit FebruaryPoint.com to preview the waterfront vacation rentals currently available or to request information on residential real estate.