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We welcome you to explore endless opportunities in our exceptional collection of properties for sale in The Bahamas!
The Bahamas, situated in the Atlantic Ocean, has consistently been a top-rated vacation spot for North Americans and Europeans for decades. The gorgeous white sand beaches, picturesque settlements, and friendly, laid-back locals are attracting more and more people from abroad. This island nation, blessed with year-round sunshine, is an ideal choice for your holiday home. Whether you're a lover of bustling cities like Nassau, modest cottages on the virtually untouched Out Islands, or luxurious beachfront properties in the sun-drenched Paradise Island, real estate in the Bahamas is a wide-ranging banquet of exquisite holiday homes.
If you’re eager to buy a property in The Bahamas, you probably have many questions about market trends, popular locations, and the process overall. You can rely on us for assistance!
Where to buy property in The Bahamas?
Let’s discover where to shop for the best real estate in The Bahamas
Grand Bahama Island
Grand Bahama Island is a favorite among foreigners, thanks to its blend of modern amenities and traditional Bahamian charm. Its main city, Freeport, offers the allure of gorgeous beaches, palatial homes, exceptional dining, and energetic nightlife. Grand Bahama Island is particularly renowned for the Lucayan National Park, which offers an array of outdoor activities.
The city of Freeport is the most popular spot, boasting the associated luxury lifestyle with over 300 days of sunshine. From luxurious waterfront mansaries to budget-friendly city apartments and cozy homes, the property in the Bahamas on this island is hot.
Abaco Islands
Known for their verdant landscapes, awe-inspiring beaches, acclaimed cuisine, and vibrant life, the Abaco Islands are an excellent choice for property buyers. If you're on a limited budget, these islands offer tempting property options, including quaint island cottages and modern apartments with breathtaking ocean views.
New Providence Island
The island of New Providence is home to Nassau, the capital of the Bahamas, and the thriving ex-pat community that resides there. This cosmopolitan region is recognized for its remarkable history, world-class museums, buzzing culinary and nightlife scenes, and high-quality properties on sale. Nevertheless, if you can't resist the beachfront's allure, consider the southern part of the island, where beachfront townhouses and historic properties can be found.
The Out Islands
When thinking of purchasing real estate in the Bahamas, do not limit yourself to the main islands - the Out Islands are an ideal destination for vacation homes. These islands, often referred to as the "Real Bahamas," offer a healthy climate, sunshine throughout the year, a relaxed lifestyle, and impressive natural beauty. These islands offer luxury villas surrounded by the clear turquoise waters of the Caribbean sea. Although properties on these islands can be competitive, there is a wide range of affordable and high-end options to suit any budget.
The average price of a property in The Bahamas: Trends overview
Here is a list of average property prices per square metre in different regions of The Bahamas according to the Department of Statistics, Ministry of Housing and Environment. New Providence: BSD$2,000 - $2,500 per sq m Grand Bahama: BSD$1,500 - $2,000 per sq m Abaco: BSD$1,800 - $2,400 per sq m Eleuthera: BSD$1,600 - $2,100 per sq m Exuma: BSD$1,400 - $1,900 per sq m Andros: BSD$1,200 - $1,600 per sq m Bimini: BSD$2,000 - $2,700 per sq m Cat Island: BSD$1,300 - $1,800 per sq m Long Island: BSD$1,500 - $2,000 per sq m Berry Islands: BSD$1,800 - $2,400 per sq m
No matter what your needs are, you may find anything that suits you as we offer a unique blend of style, comfort, and sophistication, promising a lifestyle beyond compare. So, discover your dream home and start the journey of homeownership that exceeds every expectation.
Frequently asked questions:
Is buying property in The Bahamas a good investment?
Buying property in The Bahamas can be a profitable venture for numerous reasons. Firstly, the nation has a stable and transparent legal system, providing assurance of property rights for both locals and foreigners. Secondly, real estate institutional investors can earn a constant income from the rental sector thanks to the thriving tourism industry and steady population growth. Thirdly, The Bahamas offers a quality of life that's appealing to many, with its stunning landscapes, sunny climate, and laid-back lifestyle, making it an excellent investment opportunity. And finally, government tax incentives for property owners, including no income, inheritance or capital gain tax, present enticing offers for foreign investors.
Which places in The Bahamas have the most properties for sale?
The islands of New Providence and Grand Bahama provide a diverse array of housing options, boasting the highest numbers in the country. If you favor a more central location, then Nassau is the choice for you. The capital's market is thriving with Bahamas property for sale.
Can a foreigner buy property in The Bahamas?
Yes, a foreigner can buy property in The Bahamas. Non-Bahamians can purchase residential properties under 2 acres without prior government approval. However, for larger properties or those intended for commercial use, approval from the Bahamas Investment Authority is required.
Where are the cheapest areas to buy properties in The Bahamas?
If you're seeking real estate in The Bahamas for a surprisingly affordable price, consider regions like Andros and Eleuthera. They provide property at rates lower than Nassau and other sought-after locations for real estate in The Bahamas. Other cost-effective areas include Abacos, Grand Bahama, and Bimini.
What is better to buy in The Bahamas: a house or an apartment?
When pondering the idea of purchasing a property in The Bahamas, one must evaluate the benefits of a house versus a condo. If you desire an impeccable property with breathtaking ocean views, a condo might be your best option, as they are frequently placed in excellent locations close to the beach, like the pristine white sands of Paradise Island. However, if you yearn for the serenity and spaciousness of a lower-density environment, a house might be more fitting for you and your loved ones. Houses in the Bahamas offer a wide array of options including beachfront villas and townhouses, which may be more appealing to families than condos.