![\"\"](\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2013\/08\/caves-heights.jpg\" "\\"caves-heights\\"")
<\/p>\n<\/p>\n
Second-home buyers scanning the Caribbean real estate market are now looking for the convenience of a condominium and the luxurious amenities of a high-end residential development.<\/p>\n
Gustaf Hernqvist, sales & marketing VP of the private oceanfront Caves Heights condominium development in Nassau, The Bahamas, says that North American and European investors in the island nation are showing a clear preference for condominiums over homes.<\/p>\n
“Second-home seekers are starting to realize that it is actually more convenient to invest in a condominium that requires minimum upkeep yet offers all the fantastic amenities of major luxury housing developments,” he said. The costs of maintaining a home in the Caribbean, from landscaping to building management and security, can quickly add up.<\/p>\n
“On the other hand, condominium developments like Caves Heights offer an extensive range of amenities including pools, fitness center, tennis courts, a central dining island, 24 hour security and year round on-site maintenance and management,” Hernqvist said.<\/p>\n
In Nassau, property developers are seeing second-home owners who bought homes in exclusive residential communities, like Lyford Cay and Old Fort Bay, selling and re-investing in condominiums as a more convenient second home or vacation property.<\/p>\n
Owning a condominium means that you can just come and go as you please, without the worry of making sure that your property is up to scratch before you arrive.<\/p>\n
Of course, condominium life is also worry-free for those who choose to take up permanent residence in their Bahamian residence. “For those investors who wish to rent out their property, a condominium makes perfect business sense as it is markedly easier to rent it out when compared to a home due to its size and the available amenities,” Hernqvist notes. “Furthermore,” he suggests, “as the Caribbean and Florida lie in a hurricane path, if you’re holidaying in your condominium, all you need do is roll down your hurricane shutters before you depart. The same applies, of course, if you’re living there.”<\/p>\n
Hernqvist also says that Caves Heights’ three-bedroom condominiums, ranging from $800,000-1 million, are their best-sellers. Measuring 1,855 to 2,439 sq. ft., the properties feature fabulous ocean views and over-sized balconies to maximize indoor-outdoor living.<\/p>\n
Caves Heights Development Ltd. is a 100% equity financed property developer with over sixty years of experience developing property in The Bahamas, Florida and Europe. The developer is also a major operator in the cruiseship industry.<\/p>\n
For more information, visit www.cavesheights.com<\/p>\n
Source: Caves Heights Development Ltd.<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Second-home buyers scanning the Caribbean real estate market are now looking for the convenience of a condominium and the luxurious amenities of a high-end residential development.<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[28],"class_list":["post-38500","post","type-post","status-publish","format-standard","hentry","category-business","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/38500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=38500"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/38500\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=38500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=38500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=38500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}