The redevelopment of the Grand Bahama International Airport is the single most important factor shaping the island's real estate market right now. If you are wondering how this project affects property values, the answer is straightforward: it solves the island's main economic bottleneck. Since Hurricane Dorian severely damaged the facility in 2019, Grand Bahama’s property values have largely plateaued....
Grand Bahama Airport Redevelopment
If you are wondering why Grand Bahama requires a different real estate strategy today compared to a decade ago, look at its utility trenches and power grids. The island is actively installing utility-scale solar microgrids, laying durable submarine fiber-optic cables, and implementing climate-resilient water systems. These high-tech infrastructure upgrades are the primary factors currently boosting the...