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July 24, 2019
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.
July 01, 2019
Vacation home rental market continuing positive trend
The upward trend in visitor arrivals to The Bahamas continued in May, according to the Central Bank of The Bahamas' (CBOB) Monthly Economic and Financial Developments (MEFD) report for May, adding that the growing short-term vacation home rental market continued its positive trend. According to [...]
July 13, 2018
Shanty town team identifies 200 rental units for housing
MORE than 200 rental units have been identified and logged as alternative housing for evicted shanty town residents, according to an official with the government's Shanty Town Action Task Force.This was disclosed yesterday by Colin Wright, chairman...
Commercial rentals on the rise
February 22, 2011
Commercial rentals on the rise
The number of upcoming real estate projects could lead to a rise in commercial rentals, with the head of the Bahamas Real Estate Association (BREA) optimistic that those properties will be more desirable this year.
President of BREA Patricia Birch told Guardian Business last week that despite a subpar 2010 in regards to commercial real estate rentals, she thinks 2011 will take a turn for the be...
April 03, 2024
Vacation rentals in seven percent room nights sold drop
NASSAU, BAHAMAS — The latest data from the Central Bank show that the total number of room nights sold for short-term vacation rentals declined by just over seven percent in February compared to the same period last year. This comes as police have urged the immediate regulation of the vacation rental market after finding a [...]
August 01, 2023
WAUSM seeks more rental properties as student population increases
The Western Atlantic University School of Medicine needs more Freeport rental properties to list on its housing database as student enrollment continues to rise.
July 25, 2023
$4M Villa Marina Del Mar opens new rental market for GB
Villa Marina Del Mar is the newest real estate project by Kinetic Capital Ltd. executives Steve Milligan and Anne Meunier, who have spent $4 million to renovate a gated six-unit rental property on Midshipman Road near West Beach Road in Lucaya.
June 07, 2023
Claims improper practice used in rental of consumer protection office
THE deputy chairman of the Consumer Protection Commission claims improper practices led the government to choose the agency's new rental space, a claim Economic Affairs Minister Michael Halkitis denied yesterday.
April 12, 2023
Mario Carey: Extend hotel benefits to Bahamian homeowners for short-term rentals for major economic boost, long-term improvement will affect all sectors
A leading businessman and innovative thinker focused on boosting Bahamian prosperity through entrepreneurship today proposed extending benefits afforded large properties serving the tourist market to individual Bahamian homeowners who demonstrate the ability to offer, maintain and manage satisfactory short-term vacation rentals.
Cooper defends bill impacting vacation rental hosts
March 22, 2023
Cooper defends bill impacting vacation rental hosts
Minister of Tourism, Investments and Aviation Chester Cooper contended yesterday that the Tourism Development Corporation (TDC) legislation that was scheduled for debate on Monday, but was postponed at the request of vacation rental owners who asked to be consulted on the bill, is not controversial and encourages the growth of the industry through incentives.
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