March 19, 2013
/PRNewswire/ -- While the global economy lurches unpredictably, it seems something rather interesting is happening in the tropical
holiday haunt is experiencing a mini-boom, with international billion-dollar developments and business investments rapidly moving forward.
resort on the
' Paradise Island is considered a landmark achievement, BahaMar, an ambitious
resort on New Providence Island, is due for completion in
and expected to follow the lead of
. The resort is preparing to impress a mostly adult clientele with 3,000 feet of white-sand beach, hotels, Vegas-style casino, shopping, a Jack Nicklaus Signature golf course, pools, restaurants, clubs and bars.
In southwestern New Providence lies the
resort community, developed on 600 oceanfront acres by the
-based Tavistock Group, golf legends Tiger Woods and Ernie Els.
counts among the celebrities who choose the high-class destination, boasting a marina, 18-hole golf course, hi-tech gyms, a stable and children's clubs.
This hive of activity has also boosted interest among second-home seekers looking for a secure, peaceful place that is easily accessible but also within reach of the action - developments like Caves Heights (
), a private residential oceanfront community set on seven private acres dotted with exotic palms and flora on the north coast of New Providence, are proving an attractive, affordable investment.
Classically Bahamian with touches of Mediterranean style, the development's 2 and 3 bedroom condominiums and grand penthouses – all with stunning ocean views - are ideally suited to those wishing to acquire or rent a fully-equipped holiday home or securing rental income.