Search results for : rentals
Foreign entity developed to list luxury vacation rental properties and real estate in The Bahamas
Foreign entity developed to list luxury vacation rental properties and real estate in The Bahamas
GWD Investments has launched an entity called Premier Listings Group (PLG) that plans to begin a luxury vacation rental and real estate listings business with high-end listings in The Bahamas, the company said. PLG explained that it plans to stock this listing with properties from vacation destinations across the world, but will start with The Bahamas. ...
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Woman accused of apartment rental scam
Woman accused of apartment rental scam
A WOMAN was granted $3,000 bail in a Magistrate's Court yesterday after allegedly defrauding two people of cash in an apartment rental scam.
SBDC secures funding for children’s mobile ride rental company
More Play Entertainment successfully obtained 69,000 dollars in investment capital through the Access Accelerator, Small Business Development Centre (SBDC)...
Local website providing vacation rental listings and experiences
Bahamas BNBs, a new online rental marketplace providing vacation rental properties and experiences on all of the islands of The Bahamas, is in its first phase of development and features lower fees than competing sites to rent and for homeowners to list, its owner Iain Rodgers said recently. Rodgers, whose presentation of his all-Bahamian vacation rental ...
BPL acquires 83 MW of rental generation for summer demand
Minister of Public Works and Utilities Alfred Sears said yesterday that the government has secured an additional 83 megawatts (MW) of power generation to support the demand of the peak summer months. Normally, during the hot summer months, up to 260 MW of electricity is distributed by Bahamas Power and Light (BPL). Bahamians have become accustomed to ...
'GOVT TARGETING FNM MP GIBSON': Police seize rental vehicles belonging to party's Long Island representative
'GOVT TARGETING FNM MP GIBSON': Police seize rental vehicles belonging to party's Long Island representative
OPPOSITION Leader Michael Pintard has accused the Davis administration of targeting former Water and Sewerage executive chairman Adrian Gibson, after several rental vehicles belonging to Mr Gibson were allegedly seized on Long Island as part of a police investigation.
Report: Top vacation home rental performers in South Abaco, Harbour Island
The top vacation home rental performers can be found in South Abaco and Harbour Island with an annual income – in the case of Abaco – of $300,000 and average daily rate (ADR) of $2,500, according to Engel and Volkers Bahamas’ 2019 vacation rental report.
Govt to apprise vacation rental firms of updated tax structure
The government plans to sit with vacation home rental companies like Airbnb and VRBO (Vacation Rentals By Owner) next week to apprise them of their tax remittance obligations come July, after the government announced on Wednesday that those companies will have to attach value-added tax (VAT) to the full value of the vacation rental and ...
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Campbell: Ministry looking at rental assistance
Campbell: Ministry looking at rental assistance
SOCIAL Services Minister Frankie Campbell said yesterday his ministry will respond to all applicants seeking rental assistance.
Increase in demand for commercial rentals
Increase in demand for commercial rentals
Although the local real estate market is being hampered by slow mortgage approvals by commercial banks, Bahamas Real Estate Association (BREA) President Christine Wallace-Whitfield said commercial rentals are seeing an uptick. Wallace-Whitfield said the reopening of the tourism sector has also ushered in increased demand for foreign residential rentals and second home purchases. "I have ...
The po...
Vacation rentals increase 50 despite subdued visitor arrival numbers
Although visitor arrival numbers remained subdued during November when the tourism sector officially reopened, there was a nearly 50 percent increase in short-term vacation rentals, according to the latest data provided by vacation rental data website AirDNA. In fact, total room nights sold surpassed the 36.1 percent increase in November 2019 to land at 49.7 ...
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Bahamas Realty, Paradise Sales & Rentals Join Forces
Bahamas Realty, Paradise Sales & Rentals Join Forces
Two of The Bahamas' most established real estate firms, Bahamas Realty and Paradise Sales & Rentals, announced today they are joining forces effective November 1.
"We are literally and figuratively marrying the two companies," said Robin Brownrigg, a director and president of Bahamas Realty. Brownrigg's wife, Andrea, founded Paradise Sales & Rentals in 1992 and will now join her husband, becomi...
RENTALS REDUCE GB POWER OUTAGES 51
RENTALS REDUCE GB POWER OUTAGES 51
By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net
Grand Bahama Power Company's rental units have driven up the fuel surcharge due to their inefficiency, the company's chief executive has admitted, despite reducing power outages by 51 per cent year-over-year during the 2011 first half.
The island's monopoly power supplier had brought in the units to provide 54 megawatts (MW)...
GG's rental expenses 'money we must spend'
GG's rental expenses 'money we must spend'
DEPUTY Prime Minister Peter Turnquest yesterday stressed the importance of “comfort and security” in the wake of reports the government will spend $9,000 a month to rent a home for new Governor General CA Smith...
Appeal for rental assistance?
Appeal for rental assistance?
Dear Editor, We would like to commend the government of The Bahamas for the work of the National Food Distribution Task Force, which has impacted the lives of thousands of needy Bahamians in search of food in the COVID-19 pandemic. Those among us who are most vulnerable have been targeted to receive assistance to the tune ...
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FOAM provides families with rental assistance
FOAM provides families with rental assistance
A LOCAL non-profit organisation is lending a helping hand to families affected by the COVID-19 pandemic by providing rental assistance to those in need.
Prime Minister Minnis announces rental assistance measures
Prime Minister Minnis announces rental assistance measures...The prime minister today announced that landlords for tenants affected by the COVID-19 crisis must defer 40 percent of rent for the next three months...