On Global Properties you will find more than 32 properties for sale in the Bahamas from reliable agencies and directly from developers.
Use the convenient search form, sorting function, and interactive map to quickly select and get properties in the Bahamas.
Quick links are available at the bottom of the page with popular filters such as "by the sea" or "on the beachfront."
The built-in converter allows you to calculate the property prices in the Bahamas in dollars, euros and local currency.
The Bahamian government has policies that encourage foreign investment, including real estate ownership. Foreigners can get investment real estate in the Bahamas without restriction. This means they can buy land, houses, condominiums, or other types of real estate without special permission or a licence. The process is similar to purchasing property in many other countries.
There are also no restrictions on the amount or type of property that foreigners can acquire. They can buy residential, commercial, or investment properties. The only requirement is that foreigners must obtain government approval to purchase real estate for sale in the Bahamas if the property is located on islands designated as family islands (the less populated islands outside the main island of New Providence, where the capital Nassau is located). This approval process is generally straightforward.
- Minimum price: $75000.
- Highest property value: $39.5 million.
- Minimum floor area: 39.9 m².
- Largest area: 1,909 m².
To obtain a residence permit, you must purchase a home worth at least $500,000.
Now the legislation does not provide for obtaining citizenship through investments directly. However, obtaining a residence permit can be the first step to obtaining a passport.
The most popular destinations to get properties in the Bahamas for investment are New Providence, Paradise Island, and Grand Bahama.
All types of property are in demand in the region, with houses and apartments in the Bahamas providing a comfortable lifestyle. Many villas offer spacious rooms and expansive outdoor terraces with swimming pools, landscaped gardens and sea views. Apartments are equipped with high-end amenities including swimming pools, fitness centres and 24-hour security.
The Bahamas is a sought-after tourist destination. Many investors invest in local property. There are several reasons for this:
- elite market and stable price growth;
- the opportunity to return the money spent on the purchase of housing, renting it out;
- year-round tourist season.
Housing in the country is in high demand. The tourist season lasts all year round, so it is possible to earn money by renting out flats or houses in the Bahamas. Many projects provide a guaranteed return. In this case, the management company fully assumes the maintenance of the object.
Property in the Bahamas
Homes in the Bahamas offer an attractive opportunity for investors and those looking for a home in one of the most picturesque parts of the world. The country is known for its turquoise waters and snow-white beaches. It makes the region a popular choice among foreigners. Foreign buyers can buy ready-made apartments or invest in projects under construction. The most popular locations are:
- Nassau, the capital of the region, with developed infrastructure and rich cultural life.
- Paradise Island is known for its upscale resorts and exclusive properties. Buyers will find exquisite villas and apartments with sea views.
- Grand Bahama offers a quieter atmosphere with incredibly beautiful scenery and affordable property. Freeport, the island's leading city, is a commercial centre with a well-developed infrastructure.
- Abaco and Exuma attract marine adventurers and those who appreciate seclusion and the beauty of nature. Luxury villas can be found here, as well as more affordable accommodation options close to the sea.
Reasons for investing in property in the Bahamas
Investing in local property is potentially lucrative. Total home sales in the country have increased by 48% over the past 5 years, with residential construction and sales showing steady growth. The cost of property in the Bahamas is on average 37% higher than the Caribbean region, highlighting its demand from premium buyers.
Several key factors contribute to the market's resilience:
- Economic stability and prosperity. The Bahamas is one of the most prosperous and stable countries in all of North America, when it comes to the economic and political situation. It makes a region an attractive place to live and invest.
- The islands are a popular tourist destination, which is especially evident in resort areas.
- Limited supply is driving up prices. Currently, it is most noticeable in the high-end segment.
- The absence of taxes on income. This allows them to retain most of the profits and pass on the assets to the next generations.
- Foreign investors can earn income from reselling housing or renting it out. The profitability ratio can reach 14% per annum.
Buying real estate in the Bahamas
Buying property in New Providence and other locations in the Bahamas is made easy with our online property aggregator. Users have access to efficient tools to select offers by type, location and price. Start choosing today and make the most of all the features of our service.