Search results for : Residential

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News Article
June 15, 2018
Approved residential mortgages continue to decline

Residential mortgage commitments decreased 16 percent from 295 during the final quarter of 2017, to 254 during the first quarter of 2018, according to The Central Bank of The Bahamas Quarterly Statistical Digest for May 2018. Loans for new construction increased a hairline from 95 [...]
The post Approved residential mortgages continue to decline appeared first on The Nassau Guardian.

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News Article
May 31, 2018
VAT removed from residential property insurance

After a call from the insurance sector for government to remove value-added tax (VAT) from residential property insurance, Deputy Prime Minister and Minister of Finance Peter Turnquest revealed yesterday in the government's 2018/2019 budget that it has not only complied with the request from the insurance [...]
The post VAT removed from residential property insurance appeared first on The Nassau G...

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News Article
May 01, 2017
Noise Pollution: Concerts, loud public events and other noise in residential and work areas

Dear Editor,
Thousands of Bahamians are being physically and psychologically harmed by the environmental impact of noise in the city of Nassau. We are not alone. This is a global problem that is multiplying as a function of the exponential growth of populations within cities and the rapid growth of cities from the 20th century to the present. The World Health Organization (1999) argues that the gr...

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News Article
April 19, 2017
BPL ready to grid-tie residential customers who produce renewable energy

Bahamas Power and Light (BPL) issued a press release Monday revealing that the company is beginning in earnest, its grid tying of residential customers with standalone solar and wind generation systems. But at least one customer who supplements his power supply with renewable energy was not completely satisfied with BPL's plans.
BPL said it was ready to fully roll out its Small Scale Renewable Gen...

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News Article
December 28, 2016
Children from Residential Homes in Nassau are treated to a Fun-filled Christmas Day in Grand Bahama

Close to 50 children from various Residential homes in Nassau spent Christmas Day in the Second City, thanks to a partnership between Deputy Prime Minister and Minister of Works & Urban Development, Hon. Philip Davis, Bahamasair and the Ministry of Tourism...

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News Article
October 21, 2016
COB signs contract for $100m residential hall

COLLEGE of the Bahamas officials yesterday inked a contract with a local investment management firm for the construction of a near $100m, 1,000 bed on-campus residential hall, something officials said is a "major tool" in helping to further augment the college's transition to university status.

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News Article
January 30, 2020
The Damianos Family and Damianos Sotheby’s International Realty Celebrate 75 Years of Redefining Residential Real Estate in The Bahamas

The year was 1945. Oakes Field, the Bahamas’ first airport, had opened a mere five years earlier, World War II had finally come to an end, and The Bahamas was on the precipice of becoming one of the world’s most desirable tourism destinations. It was also during this time that a young man named Nick Damianos decided to enter the business of selling real estate...

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News Article
October 17, 2014
New Residential Resort Planned for Grand Bahama

Announced today is ?Ascot, Grand Bahama,? a new development that has been quietly in the works for the past year...

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News Article
June 10, 2014
'Many residential customers owe BEC more than 5,000'

There are approximately 20,000 residential consumers whose electricity bills are $5,000 or more, Executive Chairman of the Bahamas Electricity Corporation (BEC) Leslie Miller revealed yesterday.
"Believe it or not, the average homeowner owes BEC in many cases in excess of $5,000," Miller told The Nassau Guardian.
"This is a very, very serious problem. Our accounts receivable is in excess of $130 m...

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News Article
January 06, 2014
West New Providence in residential projects upswing

At least three residential developments are expected to break ground this year, creating a "magnetic pull" for buyers towards western New Providence, Guardian Business understands.
With The Balmoral project now in its final phase of construction, its president Jason Kinsale announced plans to construct a 16-unit development in West Ridge, consisting of two-bedroom, two-bathroom condos priced at $2...

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