NASSAU, BAHAMAS — The private island market is “trending like it never has before”, according to one local realtor, noting that social distancing has become the new luxury for ultra high net worth individuals.
Gavin Christie, CA Christie’s managing partner and broker made the observation during an online interview by the Super Luxury Group.
He said: “It used to be penthouse and now it’s private island. The private island market is extremely hot. It is trending like it never has before.”
Christie said ultra high net worth individuals see it as an investment in safety, security and seclusion.
“It’s not just about square footage anymore,” he said.
“This is why The Bahamas is really set up for a time like this, when social distancing is the new luxury. If I were to sum up the takeaway from this pandemic it is that social distancing is the new luxury for the ultra wealthy.”