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Engel & Völkers Advisor Alex Jupp Sees Big Results In Strong Market

Thursday, November 1st, 2018 at 6:53pm Engel & Völkers Bahamas

Alex Jupp - Agent Photo

Alex Jupp

Luxury Real Estate Advisor

Alex Jupp earned his real estate license almost ten years ago in the peak of the worst economy the modern world has experienced. In March 2009, the US stock market dropped to its lowest point of 6,594.44 and as goes the US economy so does The Bahamas', where it is said to be 6 months behind. Real estate sales at the time were virtually non-existent.

Things have certainly changed a lot since then. “This is the most opportunistic time in the market that I have seen,” says Alex. “Buyers and Sellers feel like it is the right time to make a move in their lives. Whether it's young professionals making their first investment or families securing a future, people are making the real estate investment.”

The government is also making moves by adopting policies like the Commercial Enterprises Bill which aims to fast-track and streamline companies wishing to do business in certain parts of The Bahamas economy and the banks are contributing to a strong market with aggressive mortgage lending, all fostering a robust real estate market.

“I am seeing a lot of buyers as young as the late twenties. Young professionals with steady well paying jobs that are looking to build equity in good income producing real estate. It’s a smart move that I am putting a lot of energy and effort behind,” says Alex. He is seeing buyers from all backgrounds from local lawyers, bankers and business owners to a growing European clientele including French and Italians looking for good income investments. He identifies gated communities in particular as a popular investment because of the standards in the restrictive covenants which generally equate to better value, attracting increased rental income and overall long term appreciation. “There is also the social factor, amenities and security in a gated community. Beyond the real estate there are also lifestyle features which are an invaluable investment,” he says.

Alex credits his success to hard work and the research he puts in for each client so that he can advise and guide clients with market driven data that shows where the real estate value can be realized. He uses a similar strategy when working with his sellers. “Research, market conditions and a comparative marketing analysis (CMA) are very important for a seller to know how their property is positioned in the market. Additionally, the property needs to show well so intelligent and cost effective improvements need to be considered and finally the strategy to make the property stand out.”

A selection of Alex’s favorite listings:

Breakwater Drive Exuma & Exuma Cays

Whether you have seen photos and videos from Celebrities, Social Media Influencers, Astronauts from space or Tourists, when it comes to Exuma and its various Cays it is one of the most popular destinations to visit and live. Great Exuma which has an international airport with direct flights from America is where this beachfront home is located. It is minutes away from the airport.

99 Westridge Drive New Providence/Paradise Island

Large modern family home with 5 bedrooms and 3 bathrooms on an expansive, elevated property in the highly sought after area of Westridge Estates. This 2 storey home is perfect for a growing family or a family that has out grown their existing home and is looking for a quality home in the prestigious Western area of New Providence in the comfort of a family oriented community with all of the nearby amenities such as the beach, shopping, schools, fine dining and resorts.

Windermere Eleuthera

A luxurious private Island that can only be accessed by way of a security bridge is where this large waterfront property is located. This Island community with its beaches and lush vegetation is the perfect location for an ocean view home with the possibility of constructing a dock. Live where you can immerse yourself in nature and still be near to modern conveniences.

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