
Atlantis’ $10M Paradise Island School: What It Means for Real Estate
By Glenn Ferguson — Bahamas luxury real estate advisor (24+ years).
Project snapshot
Metric | Value |
---|---|
Developer / anchor | Atlantis Paradise Island |
Budget | US$10,000,000 |
Campus size | 61,000 sq ft (approx.) |
Students (approx.) | ~150 |
Green space | 16 acres (nature reserve + walking trails) |
Location | Paradise Island Drive by Flamingo Lake (between Compass Suites and Four Seasons Ocean Club) |
Next milestone | Public consultation (environmental approvals): Sep 24, 2025 |
Why it matters (market impact)
School + reserve shifts PI from pure resort to fuller community. That widens the buyer pool to families and long-stay executives.
Turnkey homes and 2–3 bedroom condos within a short school run are best positioned to capture demand and defend price.
Faculty/staff and family residents can smooth seasonality for well-located, well-serviced rentals with proper STR/VAT setup.
Who benefits first
- Family buyers: 2–3 BR condos/townhomes, storage, parking, walkability to PI Drive and resort cores.
- Long-stay corporate: Furnished units with reliable services and fast insurance/HOA paperwork.
- Sellers near the site: Pre-inspection + clean documentation shorten DOM as details firm up.
Ready for next steps?
You’ll receive a 2-page PDF with live links to current listings.Risks & unknowns
- Approvals: Environmental consultation and permitting must clear; scope can evolve.
- Traffic/parking: School traffic patterns and mitigation will affect perceived convenience.
- Capacity & grade bands: ~150 students; admissions policy and grades will shape demand by unit type and price.
Off-Market & Coming-Soon (Paradise Island)
Verified seller leads + quiet listings near Flamingo Lake. No spam; one expert reply within 24 hours.Buyer & Seller moves (actionable)
Buyers
- Shortlist homes/condos within a 10–15 minute school run.
- Get wind/flood quotes and HOA/club dues in writing (5–7 year model).
- If renting: complete STR registration + VAT setup before marketing nights.
Sellers
- Pre-inspect and handle light repairs; update photos and floor plans.
- Have survey, permits, insurance, HOA budgets, and minutes packaged for buyers.
- Price to the comp set; defend with condition and complete files.
Investors
- Favor family layouts; underwrite conservative rent today, with upside at key milestones.
- Track approvals, site works, and traffic plans; adjust targets by micro-location.
Short FAQs
Will the nature reserve be public? Details are pending approvals. Expect trails and conservation areas; access terms will be clarified in final plans.
Which streets are in the likely catchment? Homes/condos with easy access to Paradise Island Drive around Flamingo Lake and resort cores will see the earliest demand lift.
Does this change taxes or VAT? No direct change is proposed. Buyers should follow current VAT at conveyance rules and standard closing steps.
Stay ahead—choose your track
You’ll get one email at each milestone—no spam.Methodology & Sources
Project facts are based on public reporting and the scheduled public consultation date (Sep 24, 2025). Always verify current plans, approvals, fee schedules, insurance availability, and rental policies with official sources and local counsel before transacting.
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