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Many of us have dreamed of owning a vacation home, but few of us can afford the investment. A study by Statista shows that only 6.02% of individuals between the ages of 30-49 own a second home, and...
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1. Gatlinburg, Tennessee Median home price: $320,111 Annual gross rental revenue: $47,328 Vacation rental market cap rate: 8.6% With a median sale price of around $320,000 and a cap rate of 8.6% ...
Albany is a luxury resort community on the island of New Providence in The Bahamas, which opened October 2010. Tavistock Group, Tiger Woods, and Ernie Els created the community on approximately 600 acres (240 ha) on the oceanfront at the southwestern end of the island. Albany has an Els-designed 18-hole championship golf course, a luxury ...
The resort is also home to the largest open-air marine habitat in the world. This habitat houses over 65,000 aquatic animals from 250 species, including dolphins, sharks, and stingrays. Dolphin Cay, a marine conservation and education center, offers visitors the opportunity to learn about marine life and interact with dolphins in a controlled ...
The Bahamian economy is almost entirely dependent on tourism and financial services to generate foreign exchange earnings. The Gross Domestic Product (GDP) of the Bahamas is approximately $5.7 billion with tourism accounting for 50%, financial services nearly 20% and the balance spread among retail and wholesale trade, fishing, light manufacturing and agriculture. [9]
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