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HG Christie LtdThe Global Properties platform offers over 18 apartment options from reputable developers and real estate agencies for those seeking flats in new projects in the Bahamas. The website provides:
- Advanced filters for search and sorting, making it easier to find the perfect apartment.
- Links at the bottom of the page for quick access to popular categories like “seaside homes” or “first-line properties.”
- An integrated currency converter, allowing you to view prices in USD, euros, and Bahamian dollars.
- The average price of apartments for sale in the Bahamas in residential complexes: $400,000.
- The price per square meter starts from $3,100.
- The minimum price is $75000.
- The most expensive properties can reach up to $30 million.
Buying a flat can be a first step toward obtaining permanent residency. The process involves several steps:
- To qualify for permanent residence, a minimum investment of $500,000 is required; for expedited application processing, investments of $1,500,000 or more are recommended.
- After purchasing an apartment, you must submit an application to the Department of Immigration.
- A full set of documents is needed, including proof of investment, passport, birth certificate, criminal background check, and medical certificate.
- The application review process can take from several weeks to several months due to a thorough background check.
- Upon successful application approval, permanent residency is granted.
Advantages of permanent residency in the Bahamas:
- No income or inheritance taxes, which is attractive for investors.
- You can include family members in your application.
- After 10 years of residence, you can apply for citizenship by naturalization. A Bahamian passport allows visa-free or simplified entry to over 150 countries.
Apartments in residential complexes in Bahamas
Apartments in the Bahamas present an excellent opportunity for those looking to combine comfortable living with profitable investment. Flats are highly popular among both local and foreign buyers.
Nassau, the largest and capital city of the Bahamas, is especially attractive for property purchases. Apartments in Nassau feature modern designs, high-quality construction materials, and innovative architectural solutions. Residential complexes generally offer a variety of apartment types, from cozy studios to spacious multi-room units, catering to the needs of diverse buyers.
Prices vary based on location, size, and luxury level. For instance, in exclusive areas like Paradise Island, apartment prices from developers can be significantly higher. Nonetheless, an apartment in a new development remains a sound investment due to high liquidity and growing demand in the market.
Many complexes provide a wide range of amenities, including pools, fitness centers, parks, and even private beaches. Investing in new builds in the Bahamas also has long-term potential. Property prices have been consistently rising, ensuring significant profits through resale or rental opportunities.
Investments in apartments by developers in Bahamas
Apartments in new buildings for sale in the Bahamas are increasingly popular among foreign buyers due to the unique blend of beautiful natural surroundings, favorable climate, and a stable real estate market.
Various new projects offered by leading developers are available in the country, allowing investors to choose from a wide range of options—from luxurious condominiums on Paradise Island to modern apartments in the heart of Nassau. Property in Nassau and other areas comes with additional amenities like pools, fitness centers, and private beaches, making it attractive to renters who want to enjoy island living.
Investing in developer-offered apartments has several key advantages. First, buying at an early stage of construction often allows for more favorable pricing and the opportunity to choose prime units. Additionally, new properties generally require less maintenance in the first few years, reducing costs for owners.
A significant advantage is the potential income from renting out apartments. The Bahamas remains a popular tourist destination, and demand for short-term rentals is consistently high. Owners can expect stable returns of 6–8% annually, especially during peak season.
Foreign investors should also consider financial and tax aspects. The Bahamian government has set VAT at 10%, but overall property acquisition and ownership tax obligations remain relatively low compared to other countries. Foreign buyers can count on the protection of their investments due to the country's stable political and economic environment.
Buy an apartment in Bahamas in residential complex
Apartments for sale in new development projects in Bahamas are great for investments, offering the potential for profit or the chance to live in a luxurious resort with a pleasant climate. On the portal, you’ll find modern apartments and villas in Nassau and elegant condominiums on Paradise Island. Developers offer projects with premium amenities, such as pools and fitness centers, which add to the appeal of these residential complexes.