Fewer residential mortgage commitments as consumers feel the pinch of COVID-19

Fewer and fewer Bahamians have been obtaining residential mortgages, according to the latest data provided by The Central Bank of The Bahamas' Quarterly Statistical Digest, again reflecting the impact of the COVID-19 pandemic on consumer spending patterns. Data in the report shows that while the year started strong, with 253 mortgage commitments during the first ...
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Residential home construction on New Providence up 11

Residential home construction on New Providence saw an 11 percent increase last year, while commercial sector construction declined by 12 percent, according to the Annual Building Construction Report for 2019, released by the Department of Statistics. The annual report only includes data for New Providence because of a lack of information from Abaco and Grand ...

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Government mandates rent relief for three months for eligible individuals in residential properties

Rent is not being cancelled. 40% of rent payments will be deferred for April, May, and June. Renters must apply through their landlords and must submit the required documentation...

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Residential mortgages up in first three quarters of?2019

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Hull shines a light on residential real estate in Abaco

Rhonda LC Hull, resident Attorney at LC Hull & Co., was recently selected as the featured lawyer in the United Kingdom?s ?Lawyer Monthly? expert insight article.

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Hull shines a light on residential real estate in Abaco

ABACO, The Bahamas -- Rhonda LC Hull, resident Attorney at LC Hull & Co., was recently selected as the featured lawyer in the United Kingdom's 'Lawyer Monthly' expert insight article. As part of the feature, the magazine took a look at the world of Residential Real Estate in The Bahamas and spoke to Hull a native Out Islander, working and practicing in Marsh Harbour, Abaco.
Hull has over 18 years...

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Central bank liberalizing exchange controls on residential property transactions

Beginning in October, the Central Bank of The Bahamas (CBOB) will liberalize exchange controls on the purchase and sale of residential property for non-residents, relinquishing its monopoly on exchange control approvals for real estate transactions. CBOB said in a statement on its website that commercial [...]
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Pakistan plane: Army Aircraft Crashes Into Residential Area, Killing 18

At least 18 people were killed and several injured when a small military plane crashed into a residential area near the Pakistani city of Rawalpindi...

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Aristo completes construction of luxury residential development 'Thirty Six'

Aristo Development has finally completed the construction of Thirty Six, a $30 million luxury residential development on Paradise Island. [...]

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Damianos Sotheby's International Realty Reports Robuts 2018 Residential Real Estate Market

According to Damianos Sotheby’s International Realty, 2018 was another healthy year for luxury residential real estate sales with the company’s list price averaging $1.55 million and sales prices averaging $1.4 million...

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