The Most Expensive Home in The Bahamas Just Sold for a Record $40 Million

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The Most Expensive Home in The Bahamas Just Sold for a Record $40 Million
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Aspara, an oceanfront mansion nestled within the gated Old Fort Bay enclave, marks the priciest residential sale publicly promoted on the island.

, just traded hands for a record $39.49 million. Located within the exclusive Old Fort Bay community, the palatial estate marks the priciest residential sale publicly promoted on the island, according to Matthew Marco of BOND Bahamas, who represented both sides of the deal. This $3 Million Period Home in Denver Was Once Owned by a Broadway Legend,” said Marco in a press statement.

“Over the past few years, we’ve seen an uptick in high-profile, high-net-worth individuals looking for truly one-of-a-kind trophy residences across The Bahamas,” added Marco. “The sheer geographic constraints of the island only allow for so many waterfront residences like Apsara, making these exclusive Bahamian properties so coveted that their sale prices are now matching those of the largest U.S. markets.

“The Bahamas truly has everything a high-net-worth individual would look for in a luxury beachside residence,” added Marco. “The warmth of the people, the sophisticated infrastructure, the banking capabilities, the tax incentives, the gracious privacy, the stable government, and, of course, the most beautiful natural landscape in the world, all make the Bahamas a smart investment.” Abigail Montanez is a staff writer at Robb Report.

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