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HG Christie LtdGlobal Properties invites you to discover the latest selection of properties for sale in Nassau. With over 20 available properties in Nassau, The Bahamas, our platform connects you with reliable agencies and developers of apartments in The Bahamas, empowering you to find the perfect property to call home or invest in. Explore our listings, compare features and prices, and engage directly with the sellers to make your real estate aspirations a reality.
- Average property prices in Nassau: $400,000.
- Average market price per m²: $3,900.
- Minimum cost of property in Nassau: $277500.
- Most expensive option: $1,800,000.
- Over the last year, the average price has increased by 7.5%.
- Minimum area: 48.6 m².
- Average area: 110 m².
- Maximum area: 550 m².
To obtain a Bahamian residency permit in the Nassau area, individuals must invest in real estate valued at no less than 1.5 million dollars on any of the Bahamian islands.
Property in Nassau
Focusing on the key neighbourhoods to get local housing, all of them are mainly placed close to the historic city centre, at the commercial and cultural heart of the area.
The Bahamas National Trust states that the centre of the city is a home to over 1,000 buildings in the colonial style. Many of them have been repurposed for mixed use: from shops and restaurants to luxurious boutiques and hotels with unusual interiors. Prominent landmarks include Parliament Square, the Nassau Public Library, and the official address of the Governor-General.
The residential neighbourhood of New Providence Village has a population of approximately 15,000 people. This area is known for its tree-lined streets. Those are a massive mix of numerous single-family homes with big townhouses, which are both great options of properties in Nassau for investment.
In contrast, Paradise Island, connected to Nassau by the renowned Atlantis Resort, is home to some of the Bahamas' most exclusive and luxurious properties. The Atlantis Resort, one of the largest resort complexes in the Caribbean, features over 3,800 rooms, 40 restaurants and bars, and the largest open-air marine habitat in the world, with over 50,000 inhabitants. Additionally, the island features the gated community of Ocean Club Estates, with private beaches and luxury amenities.
Reasons for investing in property in Nassau
Nassau is a big cruise ship port (one of the biggest not only in The Bahamas but also in the whole region). This allows it to attract millions of visitors annually. The region presents great opportunities for investing in hospitality real estate, such as hotels, vacation rentals, and supporting retail and entertainment facilities to cater to the cruise passenger market.
The Bahamas, and particularly Nassau, is attracting a growing number of retirees and second-home buyers from North America due to its:
- Favourable tax policies;
- Warm and mild climate;
- High quality of life in general.
This trend creates demand for specialized communities for retired as well as luxury residential properties.
While tourism is a dominant industry, the Bahamian government is actively promoting the development of the economy, its main sectors like:
- Financial services;
- Healthcare;
- Renewable energy.
This may lead to increased demand for commercial and mixed-use buildings and houses in the Bahamas to support these emerging industries.
The Bahamian government is investing in infrastructure projects, such as the expansion of the Lynden Pindling International Airport and the redevelopment of the harbour area. These initiatives can enhance the overall appeal and accessibility of the region, benefiting investment real estate in Nassau for potential buyers.
Buying real estate in Nassau
Navigating the market of real estate for sale in Nassau has never been this seamless. Our aggregator is aimed at simplifying the search process as much as we possibly can. We work to provide you with a regularly updated database of the latest listings of property in The Bahamas. Discover your ultimate investment or dream home with ease, and seize the best deals before they are snapped up.