Global Properties presents a wide range of more than 12 listings with detailed characteristics, photos, and apartment prices in Nassau, The Bahamas. Finding the right property is straightforward:
- Use the filters to select the desired parameters of the apartment such as the number of rooms, area, furnishings, amenities, and construction stage of the complex.
- Sort the search results according to your preferences, such as descending/increasing price, date of publication, or area.
- Contact the seller directly through the provided contacts of agencies and developers in the listings.
- Minimum cost of apartments in Nassau: $395000
- Maximum value: $23 million.
- Minimum size: 48.6 sq. m.
- Maximum area: 1,600 sq. m.
Investing in the economy or real estate in The Bahamas enables eligible adult foreigners without a criminal record to secure a residence permit. The state's legislation does not specify a minimum investment amount, and approval is required from the head of the Ministry of Financial Services, Trade, Industry, and Migration. The document processing time is a minimum of 21 days. Official sources indicate that the investment required for resident status through the accelerated scheme ranges between $500,000 and $1.5 million. It is crucial to note that maintaining resident status necessitates residing within the country. Furthermore, investors can apply for permanent residence for financially dependent family members living with them, with no age restrictions for eligible relatives.
Apartments in Nassau
Nassau, the vibrant capital of The Bahamas, offers a diverse selection of apartments that cater to various lifestyles and budgets. Flats in Nassau are known for their modern amenities and prime locations. Many units come equipped with features such as swimming pools, fitness centers, and 24-hour security, ensuring a comfortable and secure living environment. Additionally, the stunning views of the ocean and easy access to essential services make these apartments highly desirable.
The real estate market in Nassau is dynamic and offers a wide range of options. From newly built complexes to older well-maintained buildings, there is something for everyone. The variety extends to the size and price of the apartments as well. You can find everything from affordable one-bedroom units to expansive multi-bedroom penthouses. The sizes of these apartments range from around 50 sq. m to as large as 1,600 sq. m, catering to different space requirements.
Nassau's real estate market attracts both local and international buyers. One of the key attractions for overseas buyers is the potential for obtaining a residence permit through property investment. This makes Nassau not only a great place to live but also a smart investment choice.
Nassau offers a unique blend of modern living and natural beauty. The city's apartment market provides a wealth of options for those looking to relocate, invest, or find a vacation home. With its vibrant culture, beautiful landscapes, and robust real estate market, Nassau is an excellent choice for anyone looking to enjoy the best of apartments in The Bahamas.
Reasons for investing in an apartment in Nassau
Purchasing apartments in Nassau for investment presents a compelling opportunity for both local and international investors. The city's real estate market is characterized by its stability, growth potential, and attractive returns, making it an excellent choice for property investment.
One of the primary reasons to invest in an apartment in Nassau, The Bahamas, is its robust tourism industry. As a major tourist destination, the city attracts millions of visitors annually, driving demand for rental properties. Last year, The Bahamas welcomed over 7 million tourists, with Nassau being a key attraction. This influx of visitors ensures a steady stream of rental income for property owners, particularly those investing in short-term vacation rentals.
Another significant factor is the potential for capital appreciation. Nassau's real estate market has shown consistent growth over the years. According to recent data, local property values have appreciated by an average of 5% annually over the past decade. This trend is expected to continue, driven by ongoing infrastructure developments and the city's growing appeal as a luxury destination.
The capital also offers favorable tax incentives for property investors. The Bahamas has no capital gains tax, inheritance tax, or income tax on rental income, making it a tax-efficient investment destination. Additionally, the government offers residency permits to foreign investors who purchase property valued at $750,000 or more, providing an added incentive for international buyers.
The diversity of the apartment market in Nassau is another attractive feature. Investors can choose from a wide range of properties, from affordable 1-bedroom units to luxurious beachfront condos. This variety allows investors to find properties that align with their budget and investment goals.
Furthermore, Nassau's strategic location and excellent connectivity enhance its investment appeal. The city is well-connected to major international markets, with direct flights to the United States, Canada, and Europe. This accessibility makes it convenient for investors to manage their properties and attract a global clientele.
In summary, investing in an apartment in Nassau offers numerous benefits, including strong rental demand, capital appreciation, tax incentives, and a diverse property market. With its thriving tourism industry and strategic location, Nassau stands out as a prime destination for real estate investment.
Buying apartments in Nassau
Purchasing apartments and houses in The Bahamas is an excellent investment opportunity. For those keen on exploring available properties, Global Properties is a dependable resource for discovering the ideal property. Whether your interest lies in luxury mansions or a particular apartment in Nassau, this platform offers extensive listings and professional advice to assist you in making a well-informed choice.