Search results for : rentals
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...
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 [...]
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.
March 21, 2023
Vacation rental hosts oppose tourism bill, request debate be suspended
Vacation rental hosts have requested debate be suspended on a bill intended to regulate tourism-related enterprises, stating in a written letter to House Speaker Patricia Deveaux that it lacks industry support.
March 01, 2023
DIR launches registration portal for short-term rentals
The government has launched a registration portal for those who own short-term rentals to register their businesses, in an effort to ensure high standards of service across vacation rentals and to ensure those owners are meeting their tax obligations, a statement released yesterday by the Department of Inland Revenue (DIR) explained.
New BPL rental generation online
September 21, 2016
New BPL rental generation online
An additional 40 megawatts of rented power generation came online at Bahamas Power and Light (BPL) on Sunday, according to BPL Corporate Communications Manager Arnette Ingraham.
Minnis: I told the PHA to end rental
August 20, 2015
Minnis: I told the PHA to end rental
Opposition Leader Dr. Hubert Minnis said last night that while he was minister of health he advised the Public Hospitals Authority (PHA) to stop renting from his company, but he said the PHA continued to rent the Stat Care building.
June 17, 2015
Airbnb shows other destinations above Bahamas in rental demand
The Bahamas fits snugly in the middle of 22 regional destinations rated by popular lodging rental website airbnb on the basis of available rental property listings.
BPL is a disgrace
July 03, 2019
BPL is a disgrace
This summer, Bahamas Power and Light (BPL) has solidified itself as a national disgrace. New Providence was hit yesterday with an island-wide power outage following days of intolerable load shedding. While rental generation units are on the island, they are not pushing power to the...
Rent scheme's 40 deferral
April 28, 2020
Rent scheme's 40 deferral
PRIME Minister Dr Hubert Minnis announced long-awaited details of his rental assistance programme yesterday, revealing an initiative that will be based on deferrals and will apply only to residential rentals...
‘No actual help for renters’
April 29, 2020
‘No actual help for renters’
Realtors are calling the government’s recently announced rental assistance policy nothing more than a Band-Aid...
September 30, 2019
Senator: Give undocumented the right to work for a year
SENATOR Ranard Henfield wants undocumented storm evacuees in shelters to be given freedom to reside and work legally in The Bahamas if they divulge information about their traffickers and comply with other requirements...
Frequent outages are hitting Airbnb business
August 14, 2019
Frequent outages are hitting Airbnb business
THE frequent power cuts carried out by Bahamas Power and Light have negatively impacted the home rental business, according to Tourism and Aviation Minister Dionisio D'Aguilar.
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