Looking for real estate in Exuma? Here’s your guide. First, understand the market. Exuma has been experiencing high growth for the past few years, but it is not yet a real estate market hotspot. The island’s thriving economy depends on tourism, and the opening of an airport could help increase the number of tourists who visit. Moreover, increased tourism will mean higher sales for real estate and overall sales on the island.
Most Exuma real estate listings are for local homes, vacation homes, and vacant land. This region is home to the Land and Cay Park, managed by the Bahamas National Trust. Created in 1958, the park is the first of its kind in the world. Exuma is famous for its beautiful beaches, and the island was once primarily based on the cotton industry, salt mines, and piracy. But that all changed, and Exuma real estate is booming.
In addition to locals, celebrities like Faith Hill and David Copperfield own islands in Exuma, and they don’t pay Bahamian taxes on them. Xi Jinping, President of exuma bahamas real estate China, has recently announced an agreement to exchange the Chinese Renminbi for the Bahamian Dollar, which means more foreign currency will be accepted. And he also recently signed an agreement with the Bahamas Agriculture and Marine Science Institute to help boost the local tourism industry.
Real estate in Exuma is incredibly diverse, with everything from luxurious properties with views to cozy island houses. This diverse real estate market is ideal for second homes and vacations, and buyers can enjoy the island’s relaxed lifestyle with carefree convenience. With regular inter-island flights, Exuma can be an excellent option for those looking for a tropical retreat. There are also a variety of price ranges, which means that no matter what your budget is, there is a property in Exuma for you.
The Exuma Cays are split into three districts, each with their own unique feel. These are the island’s three main settlements. On Great Exuma, you’ll find pastel-colored homes and gated communities like February Point. George Town is the island’s largest settlement and is a hub of businesses. The Fish Fry, a collection of shacks, is another popular destination in Exuma.
If you are interested in purchasing a property in Exuma, you can search for it on the Internet. You can also visit the Bahamas Multiple Listing Service (MLS) to find properties. This site also includes listings from other brokerage firms. Make sure to verify the details of properties that interest you. The Bahamas Multiple Listing Service is a reliable source of information. Just make sure to check the MLS’s disclosure policy before making an offer.