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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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Bahamas Warns Travellers as UN says Middle East Conflict May No Longer Be Contained

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The Bahamas, March 18, 2026 – Twenty days into the latest Middle East escalation, the United Nations is warning the conflict is spreading beyond its original battlefield, as the death toll rises and governments around the world issue urgent travel advisories — including The Bahamas.

In a March 17 statement, the UN Secretary-General’s office said the war must stop and called for all Security Council resolutions to be respected, noting with concern that countries in the Gulf continue to be targeted, raising fears of a wider regional confrontation.

The current round of fighting began February 28 with strikes involving the United States, Israel and Iranian-linked forces, followed by missile and drone attacks across Iraq, Lebanon and parts of the Gulf.

International monitors report more than 1,300 people killed in Iran alone, with additional casualties reported in Lebanon, Israel and Gulf states. U.S. officials confirm at least 13 American service members have died since the escalation began, while reports indicate additional senior Iranian military leaders were killed in recent strikes.

Despite the growing violence, several NATO countries including the United Kingdom, France and Germany have not joined offensive operations, instead calling for diplomacy to prevent the conflict from widening.

The Bahamas Ministry of Foreign Affairs has also issued a travel advisory, warning Bahamian nationals to avoid travel to Israel, Palestine, Iran and Lebanon and to reconsider travel across much of the Gulf region due to the risk of sudden escalation, flight disruptions and security threats.

Officials say Bahamians already in the region should remain vigilant and be prepared for rapidly changing conditions.

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

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The Bahamas Celebrates Andrew Young at 94 – A Legend Honoured with Love at Baha Mar Gala

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The Bahamas, March 18, 2026 – The Bahamas showed its deep affection for one of the world’s most respected civil rights leaders as Ambassador Andrew Jackson Young Jr. celebrated his 94th birthday in grand style at a gala held at the Eccho Art Gallery, Grand Hyatt Baha Mar on March 12, 2026.

The evening was filled with tributes, laughter and cultural pride, reflecting what many guests described as a genuine bond between Young and The Bahamas — a country he has long admired and visited often. Those in attendance said the celebration felt less like a formal event and more like a heartfelt tribute to a man whose life has helped shape modern history.

Prime Minister Philip Davis, Foreign Affairs Minister Fred Mitchell, Bahamas Ambassador to the United States Wendall Jones, and U.S. Ambassador to The Bahamas Herschel Walker were among the dignitaries offering remarks, along with Andrew Young Foundation President Gaurav Kumar and other international guests.

The event was co-hosted by veteran broadcaster Karyn Greer of WSB-TV Channel 2 Action News and Bahamian journalist Dr. Deborah Bartlett, who both reflected on Young’s lifelong commitment to justice, diplomacy and public service.

Born in 1932, Andrew Young is widely regarded as one of the most influential figures of the American civil rights movement. He worked closely with Dr. Martin Luther King Jr., served as a key leader in the Southern Christian Leadership Conference, and later became a U.S. Congressman, U.S. Ambassador to the United Nations under President Jimmy Carter, and Mayor of Atlanta.

Over the decades, Young has been honoured by multiple U.S. presidents, including receiving the Presidential Medal of Freedom, the nation’s highest civilian award, from President Bill Clinton. His diplomatic work, civil rights leadership and global humanitarian efforts have earned him recognition across the world.

Guests noted that even at 94, Young remains active, engaged and passionate about international cooperation and human rights, continuing to inspire new generations.

His wife, Carolyn McClain Young, delivered the vote of thanks, expressing gratitude for what she called the warmth and love shown by the Bahamian people.

The celebration ended in true island fashion with a Junkanoo rush-out, bringing guests to their feet in a joyful close to an evening that blended history, culture and admiration.

For many in attendance, the message of the night was simple — Andrew Young loves The Bahamas, and The Bahamas loves him right back.

Developed by Deandrea Hamilton • with ChatGPT (AI) • edited by Magnetic Media.

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Experts Analyze Economic Landscape; Opportunities and Challenges

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Nassau, THE BAHAMAS – From pressures on the independence of the US Federal Reserve and relations with China to the instability facing the global economic landscape and how it all impacts The Bahamas’ economy and prospects, Tuesday’s Central Banking Series hosted by University of The Bahamas (UB) in partnership with the Global Interdependence Center (GIC) peeled back the layers of the most critical factors impacting the world’s economic landscape.

At the one-day summit, top economic strategists, policymakers, academics, and economists gave frank and considered insights on the range of opportunities and challenges. In facilitating the high-level talks, UB’s Government and Public Policy Institute (GPPI) continues to provide the platform for evidence-based dialogue on public policy and reform.

“By convening world-class thinkers, policymakers, and practitioners here in Nassau, we affirm that The Bahamas is not solely a subject of global economic forces, but also a participant in the conversations that shape them,” said UB President Dr. Robert Blaine, III.

In his remarks, Minister of Economic Affairs Senator the Honourable Michael Halkitis acknowledged the ripple effects of financial shifts which put pressure on the Bahamian economy, yet he acknowledged that the economy is on the rise. He expressed confidence in the country’s readiness to adapt, citing a deep talent pool and expanding foreign and domestic investments.

“What makes this period particularly significant is the breadth of investment activity across sectors,” said Minister Halkitis, a UB alumnus. “Tourism development remains strong, but it is not the sole driver of growth. Investments are expanding into renewable energy, maritime services, digital infrastructure, agriculture, logistics and the blue and green economies.”

Economist and Former President and CEO of the Federal Reserve of Richmond, Dr. Jeffrey Lacker offered a sobering view on the independence of the US Federal Reserve, a topic that has attracted much national and international in the face of blistering pronouncements by US President Donald Trump.

Dr. Lacker said the Federal Reserve’s choice of monetary policy instrument and setting of the overnight interest rate that it controls should be “free of executive branch and congressional meddling.”

“And by meddling, what I mean is overtly expressed policy direction, opinions about where policies should go, expressed in a way that carries with it the implied threat of adverse consequences to either the individual or the institution, either in the form of legislative changes or some sort of political harassment,” he said.

“The value of insulating day-to-day, meeting-to-meeting monetary policy from pressure from elected officials with an eye on their next election is widely recognized. Neglecting that pressure, caving into that pressure is a road to short-termism, or short-term stimulus at the cost of inflation later on.”

Other pertinent conversations at the summit focused on digital initiatives for financial inclusion, monetary and fiscal policies and strategies in The Bahamas, and the impact of AI on macroeconomic conditions. There was also a special presentation on the history and value of gold. Students from Government High School were among the audience members gaining knowledge from experts.

“When we determined the theme for this year, being Challenges and Opportunities in a Dynamic Global Environment, we did not know what was going to evolve in recent times,” said GPPI Executive Director Zhivargo Laing, referring to the war that the US and Israel initiated against Iran. “So I would like to think that maybe there was a little bit of insight that was taking place during the course of our discussions. But we are here again for the third time with our partners at the GIC to entertain a deep discussion on just what are those challenges and opportunities in this very dynamic environment in which we find ourselves.”

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