The Bahamas real estate market has been most noted for the popularity of this area as a destination for visitors. In this regard, the country’s government and real estate market participants have recently spoken of a particularly robust era for Bahamas real estate purchases and sales having emerged. Investment interests in Bahamas real estate has been attributed, in general, to the awareness that more people are coming to the area via cruise ship than has ever been the case. Specifically, the Bahamas real estate market as well as the related tourism industry became widely aware in 2010 that the country has seemed to under-perform in the past in regard to cruise ship visitors due to only counting visitors when they first made port in the country. In contrast, other popular destination points for cruise ship visitors are known to count such tourists whenever they enter the particular country or region.
Bahamas real estate may thus appreciate in value due to the increasing and possibly increasing popularity of the tourism destination. Some real estate market observers have connected this improvement in fortunes to the part of the global economic recession, as a positive rather than negative factor. In this vie, Bahamas real estate and tourism sites have attracted more visitors than usual due to the relatively low cost involved in visiting the nation in comparison to that involved in visiting other countries. Bahamas real estate may thus attract a new drive for investment, both in existing areas as well in new real estate projects.
