Albany

Albany is the newest and most glamorous of New Providence's gated communities, developed by partners including Tiger Woods, Ernie Els and Joe Lewis on the island's south-western shore. It pairs a 71-slip mega-yacht marina with an Ernie Els championship golf course, a beach club, spa, watersports park and a roster of branded residences. The clientele skews to global sports, finance and entertainment figures seeking turnkey ultra-luxury and total security, and the resort-managed model makes ownership effortless for overseas buyers. Pricing is squarely ultra-prime: condominiums and residences run from roughly US$2M to well above US$20M for marina-front estates, frequently above US$1,500 per square foot. The professionally managed rental program lets owners place homes into a luxury rental pool, supporting healthier yields than the older gated enclaves while preserving capital. With a single purchase clearing the US$750,000 and US$1.5M residency tiers many times over, Albany is the trophy-asset and residency play for the world's wealthiest second-home buyers.

Albany in Nassau, New Providence Island, Bahamas