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Nation’s Largest Privately Held Island Goes on Online Auction

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Bahamas Tops Post-COVID Destination Choices

 

#TheBahamas, June 28, 2022 – It’s not often that a once in a lifetime opportunity presents itself twice, but that’s exactly what’s happened in the case of Little Ragged Island.

The remote isle in the southern Bahamas is back on the market and has what it takes to draw the attention of the world’s wealthiest seeking a private tropical haven for personal pleasure or development potential.

The isle with an exotic feel and easy access to multiple airports short boat rides away is the largest private island up for sale in The Bahamas, a 100,000-mile open ocean archipelago that has remained a coveted destination among those seeking luxurious, secluded and easily accessible getaways.

According to industry analysts, interest is expected to be high when the island hits the online auction site this week with bidding opening July 25 for four days.

While COVID took a significant toll on the tourism-dependent economy, pent-up demand in the wake of early pandemic lockdowns continues to drive a real estate boom that has swept across the country’s many islands and cays — famed for their turquoise waters and hailed by former NASA Astronaut Scott Kelly as the “most beautiful place from space.”

“Private islands in The Bahamas have long been regarded as a premier choice for anyone in search of the ultimate getaway, and St. Andrew’s or Little Ragged as it is commonly called is a fisherman’s and diver’s paradise,” said Sotheby’s Concierge Auctions Vice President of Business Development Danny Prell.

“Located in the Ragged Island chain, the 712-acre island, with its secluded coves and beaches is unlike anything on the market, away from it all, but only a two-hour flight from Miami. That lends a feeling of true remoteness, while maintaining advantages like easy access from key markets and an English-speaking local population.”

Bahamas Realty’s Stuart Halbert, the local real estate agent for the listing, said he believes development opportunities for Little Ragged are limited only to one’s imagination.

“This is the perfect blank canvas for a dream project such as a private residential settlement or a boutique resort with a large marina,” he said.

The award-winning agent said St. Andrew’s Island has great potential due to its topography, good elevations, beautiful beaches and superb fishing.  Halbert also noted that the island could be perfect for an eco-resort, describing the natural wildlife as “abundant” and noting that it has excellent snorkeling and diving potential.

Little Ragged Island’s location, just a mile from the Duncan Town airport, means great accessibility for transporting supplies to the island and accommodating workers while developing the island.

Though Little Ragged Island was grabbed up in an auction last year, global market conditions have landed it back on the market, presenting those who missed out on the initial opportunity with a second chance. It’s not the first time Sotheby’s Concierge Auctions has sold the same property twice. There have been cases, executives said, when a highly desirable property changes hands three times, all by online auction, one of the fastest growing marketing tools for exclusive properties in the real estate world.

“One of the reasons we have enjoyed the growth we have and now the affiliation with the famed international auction master of art and estates, Sotheby’s, not to be confused with the real estate franchise by the same name, is that we are extremely selective in what we accept to represent,” explained Prell. Quality and fair market pricing are prerequisites, he noted. And where once auctions were considered a last-ditch effort, today they are anything but. In fact, many in the rarified upper air of high-end markets rely on auctions to bring the most interesting, objectively-priced unique properties to market knowing that the curated database includes the top 1% of the world’s wealthiest and their representatives or agents.

“Of every 20 properties or estates offered to the online auction firm, Sotheby’s Concierge Auctions turns down 18,” Prell says.

“The 10% of properties we do take must have that special something that makes it Sotheby’s Concierge Auctions quality,” “Only then will one of our digital marketing and sales teams begin the process of preparing for the sale, always aligning with a local agent, working the database, understanding who the offering and the price point will appeal to, qualifying them for the bidding process which requires a deposit to participate and then watching the excitement unfold online.”

Once up on the Sotheby’s Concierge Auctions website, the sale of a property takes on a life of its own with a clock ticking and prices climbing. Sotheby’s Concierge Auctions has successfully auctioned off numerous properties in The Bahamas, while maintaining its commitment to working with Bahamian agents for each transaction. Little Ragged Island is selling without reserve.

To register or follow the auction, click on www.casothebys.com/auctions/r1-st-andrews-little-ragged-island-bahamas.

 

Caption: Twice in a lifetime opportunity – Little Ragged Island, also known as St. Andrew’s, is back on the market as a unique opportunity to own a piece of paradise in the southern Bahamas. It will be offered for sale to the highest bidder without reserve next month by Sotheby’s Concierge Auctions in conjunction with Bahamas Realty’s Stuart Halbert. The 712-acre island with two fresh water springs is the largest privately held island currently for sale in The Bahamas. Photo by Brett Davis for DPA

 

Release: Bahamas Realty

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Bahamian Man Extradited to Florida on Cocaine Trafficking Charges

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USA, April 23, 2026 – A Bahamian man has been extradited to the United States to face serious drug charges stemming from alleged offences committed several years ago.

Lernis Cornish Jr. was handed over to U.S. authorities on April 17, 2026, following extradition proceedings in The Bahamas. The case was heard before Chief Magistrate Roberto Reckley, who ordered that Cornish be surrendered to American officials. Cornish did not challenge the order.

He has since been transferred to Florida, where he is expected to face trial in connection with alleged drug-related activity dating back23 to 2020.

According to reports, Cornish is accused of possession of cocaine with intent to supply and conspiracy to possess cocaine with intent to supply. Related U.S. law enforcement notices also indicate that the matter is being pursued in Collier County, Florida, where authorities have listed charges including trafficking in cocaine and conspiracy to traffic cocaine, involving quantities of 400 grams or more.

The case now falls under the jurisdiction of the Florida court system, where prosecutors are expected to advance the matter through pre-trial proceedings ahead of any potential trial.

Extradition from The Bahamas to the United States is governed by bilateral treaty arrangements, allowing individuals accused of serious offences to be transferred to face justice in the requesting country once a Bahamian court is satisfied that legal requirements have been met.

Cornish’s extradition marks the continuation of a multi-year case, moving it from preliminary proceedings in The Bahamas into the U.S. judicial system, where the allegations will now be tested in court.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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New Manifestos Released as Bahamas Heads to Historic May 12 Vote

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The Bahamas, April 14, 2026 – With the 2026 Bahamian general election set for May 12, the country’s major political parties have now formally placed their plans before the electorate, offering competing visions for governance, growth and relief.

The governing Progressive Liberal Party (PLP), led by Philip Davis, launched its “Blueprint for Progress 2026” on April 8, 2026, outlining a 46-page plan focused on long-term development and systems reform. The document places heavy emphasis on energy transition, digital government, workforce training and food security, positioning the party as one seeking continuity following its first term. The full plan is publicly available online through official PLP platforms for voters to review.

Just days later, on Sunday, April 12, the opposition Free National Movement (FNM), under Michael Pintard, unveiled its 2026 Manifesto at a major event in Nassau. Spanning 54 pages, the document centers on cost-of-living relief, tax reform, healthcare expansion and housing, offering what the party describes as a more immediate response to economic pressures facing Bahamian families. The FNM has also made its manifesto accessible online.

Beyond the two major parties, the Coalition of Independents (COI) had already entered the policy space earlier, formally unveiling its long-range Vision 2030 framework on Saturday, March 1, 2025, at the Fusion Superplex in Nassau during a packed national launch led by party leader Lincoln Bain. That framework has since been complemented by a 100-day action plan released in late March/early April 2026, adding a short-term policy layer to its long-range proposals.

These policy rollouts come as the country prepares for a pivotal vote, with the Parliamentary Registration Department confirming a voters’ register of approximately 203,000 eligible voters, one of the largest in the nation’s history. Key dates are now set, with Nomination Day on April 16, followed by advance polls on April 30, ahead of General Election Day on May 12.

With platforms now in the public domain and the timeline locked in, the focus shifts squarely to the electorate—who must now weigh the promises, examine the plans and decide the country’s direction at the polls.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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From Concept to Approval: What a 2019 Water Security Plan Now Means for Bahamians

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The Bahamas, April 14, 2026 – At its core, the $65 million water security project is designed to strengthen the reliability, safety and resilience of the water supply across The Bahamas.

If implemented as planned, the investment is expected to improve water quality, reduce contamination risks and support public health, while increasing supply reliability and limiting service disruptions during droughts or system failures. The project also aims to expand and upgrade infrastructure, including wellfields, pumping stations and storage capacity, and to protect freshwater resources from saltwater intrusion—an increasing threat for low-lying islands. In practical terms, that could mean cleaner, more consistent and more dependable access to water for residents across the country.

The project was first conceptualised in 2019 under the previous administration, when a proposal was submitted to the Green Climate Fund to strengthen the resilience of the country’s water systems. That early work came just months before Hurricane Dorian exposed the vulnerability of national infrastructure, including critical water and sanitation systems, particularly in the northern Bahamas.

The initial phase focused on developing the concept, identifying priority areas and engaging regional and international partners, including the Caribbean Development Bank, to support the design and preparation of a full funding proposal.

Following the change in government in 2021, the project advanced into its most technical and demanding stages. The current administration oversaw the completion of key requirements, including feasibility studies, environmental and social assessments, and detailed financing negotiations with international partners—steps necessary to move the proposal from concept to approval.

That multi-year process has now culminated in approval of a $65 million financing package, combining grant funding with concessional loans to support long-term upgrades to the country’s water infrastructure.

While the project brings significant international support, it is not entirely free money. The package is structured as a blended financing arrangement, combining grant funding with concessional loans—meaning a portion of the funding will ultimately need to be repaid. Based on information released by the Caribbean Development Bank, approximately $25 million of the total package is tied to loan financing, with the remaining portion provided as grant support.

Concessional loans typically carry more favourable terms than commercial borrowing, including lower interest rates and longer repayment periods. However, they still represent debt obligations that will be borne over time.

Notably, detailed terms of the loan components—including interest rates, repayment schedules and any associated conditions—were not disclosed in the initial announcement issued by the Office of the Prime Minister (Bahamas). Those details are expected to be outlined in formal financing agreements, but have not yet been made public.

For Bahamians, the project represents both investment and obligation. While the grant funding provides a significant boost to infrastructure development, the loan component adds to the country’s long-term financial commitments—making transparency around terms and implementation timelines especially important.

While the approval marks a significant milestone, the timeline for delivery remains a critical factor. Based on information available from project partners, implementation is not expected to begin immediately. The initiative is anticipated to move into its execution phase later in 2026, following finalisation of financing agreements and completion of preparatory requirements.

From there, the project is projected to unfold over several years, with estimates suggesting a multi-year implementation period of up to seven years to fully deliver the planned upgrades to water infrastructure across The Bahamas.

This means that while the funding has now been approved, the benefits will be realised gradually rather than all at once. A definitive completion date has not been publicly outlined, and detailed timelines tied to specific islands or phases of work have yet to be disclosed.

For Bahamians, the question now shifts from approval to execution—when funds are drawn down, when construction begins, and how consistently the project moves from plan to delivery.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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