Real Estate Blog - Blog Archive: June, 2015

Short term vacation rentals have become increasingly popular in The Bahamas. Investors are changing their attitude and sometimes switching from long term leases to vacation rentals. Any drawbacks of short term are far out weighed by the premium that is paid. It is a win win situation, with renters paying less and getting more than they would in a hotel and landlords getting a good return on their investment. We have had an increasing number of savvy investors purchasing homes and condominiums with the intent to use them for vacation rentals. It is perfect for foreigners wishing to purchase in The Bahamas. They can purchase a home and then offset any costs by renting it out, blocking off the dates they wish to use it either for themselves or friends and…

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