Demand increases for high-end real estate in The Bahamas

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The formula of built-up demand amplified digital marketing efforts and superior customer service translated into a record breaking six months for Damiano’s Sotheby’s international realty.

The high-end real estate company boasts of a 300% increase in sales volume year to date over 2020 and has achieved a new history-making average sales price of 2.7 million dollars.

High demand properties include Lyford Cay, Old Fort Bay and Ocean Club Estates here in New Providence with activity in Abaco, Eleuthera and Exuma following at unprecedented levels. The company also saw accelerated growth in the vacation rental market this year.

Damiano’s strategic partnership with Baha Mar to exclusively represent the resort’s residences – the only Caribbean residential ownership project featuring impeccable turnkey residences at Rosewood Hotels & Resorts and SLS Baha Mar – has catapulted the company’s listings volume to $925 million dollars.